This is the 12202nd most frequent Russian word.
инновационный
Innovative.
The word 'инновационный' is used here to modify 'подход', meaning the approach incorporates new and original ideas.
Этот инновационный подход помог нам оптимизировать процессы.
This innovative approach helped us optimize processes.
In this case, 'инновационный' describes 'продукт', indicating that the product involves novel features or improvements.
Компания представила инновационный продукт на выставке.
The company presented an innovative product at the exhibition.
Here, 'инновационные' is used as a plural adjective to describe 'технологии', emphasizing their modern and cutting-edge nature.