We have developed an actual innovation engine over the last five years, but are still ahead of our time.

It is a proprietary method  that uses the web and gathers pains and produces solutions that result in breakthrough products and services.  It generates IP. There is an article  that gives a few hints about what it does.

The main attribute is that it filters out all needs that don't represent big markets with existing demand.  It doesn't work with ideas at all, since almost all ideas for new products fail. It only operates in terms of identifying latent needs.