fast follower

fast follower

n
(Commerce) a company that is quick to pick up good new ideas from other companies
References in periodicals archive ?
Our innovative focus is being a fast follower of trends we see in the premium market and bringing those attributes to the consumer and retailer faster and with a better value proposition than any other brand," a company spokesman explained.
How to adapt: At a minimum, carriers must take a fast follower approach by closely watching other industries like financial services, as opposed to only companies like Amazon and Apple that everyone claims to be following.
It used to be a lot easier for companies to control or slow down innovation through regulations or to act as a fast follower, but where demand and opportunity collide, really big innovation takes place really fast.
Samsung was a fast follower in terms of innovation," Chau said.
Samsung, ever the fast follower, is now doing the same with the S7.
EMEA is expected to be a fast follower in adopting these mobile services as the various mobile workforce applications are continuously gaining traction among the Middle East countries.
In contrast, our fast follower has its own version of R&D, replacing research and development with "replicate and duplicate.
New technology related entries include acquihire, clickbait, Deep Web, dox, fast follower, geocache, in silico, octocopter, responsive, smartwatch and tech-savvy.
The Constellation Orbits program ensures Constellation's early adopter and fast follower audience receives the most current and comprehensive disruptive technology research and analysis.
Smarter suppliers are sometimes not a leader in this area but a fast follower, working to perfect the approach initiated by others.
Its launch, timed to coincide with the start of the IFA consumer electronics trade show in Berlin, also signals the South Korean giant is more than just a fast follower in innovation behind Apple, which is preparing to release a new iPhone next week but is yet to go public with any wearable devices.