Innovation Management Tools Reviews and Ratings

What is Innovation Management Tools?

Innovation management tools market help organizations manage the flow of ideas from initial concept generation to final value realization or commercial exploitation. They support diverse methods to generate ideas, both internally or externally; to prioritize and select ideas; to act on selected ideas; to observe and measure activity and impact; and to operate innovation programs at scale.

Product capabilities include trendspotting, crowdsourcing, brainstorming or hackathons; stage-gate automation for idea evaluation and selection; and ways to manage a portfolio of active ideas (including idea execution to bring ideas to realization via project or product management).

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HYPE Innovation provides enterprise software and consulting services for end-to-end innovation management. The HYPE Suite supports a wide range of innovation activities, including trend and technology scouting, idea and suggestion management, innovation portfolio tracking, startup scouting, and partner collaboration. Organizations use the platform to coordinate innovation efforts across departments, regions, and stakeholder groups, including employees, customers, and external partners. The software is modular and scalable, allowing companies to start small and expand as needed. HYPE also offers implementation support and strategic consulting based on more than 20 years of experience across industries. Clients include multinational corporations, public institutions, and NGOs.

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IdeaScale is an innovation management platform that harnesses the collective intelligence of various groups through its flexible crowdsourcing software. The platform promotes participation from all levels of a company, ensuring that every idea has the chance to grow. The main service of IdeaScale is to convert the collective knowledge of a team into noticeable results. As a result, it enables organizations to implement change and continuously succeed. The highlight features of IdeaScale are accessibility, scalability, and providing actionable insights. The main aim of IdeaScale is to create an environment where creative ideas are encouraged and innovation is initiated. Features like employee engagement, digital transformation, collaboration, idea management, crowdsourcing, innovation ecosystem, driving change, and bridging gaps distinguish IdeaScale.

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Brightidea is an idea management platform utilized by a significant number of users globally. The platform is adapted to cater to various sizes, scales, or maturity levels concerning idea or innovation management. Brightidea primarily facilitates the gathering and leveraging of ideas to promote a culture of innovation within organizations. Furthermore, it equips organizations with the capability to crowdsource ideas easily and construct strategic plans. It also provides backing to every idea with comprehensive data points to help in tracking, managing, and prioritizing ideas, ensuring the most viable ideas prevail. The company operates out of San Francisco and New York City and has made a significant impact on various global brands by sourcing ideas through the Brightidea platform.

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Plus Innovations offers a range of cloud-based platforms and tools that are designed to help teams collaborate, share ideas, manage innovation projects more effectively and automate workflows and business processes.

We have worked with Professional Services, Financial Services, Manufacturing, Automobile, Healthcare and Government Establishments. Our expertise lies in enabling companies to collaborate effectively, foster innovation, and enhance process efficiency.

Empowering Innovation, Simplifying Solutions

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Planview has one mission: to build the future of connected work, from ideas to impact. Planview helps organizations accelerate the achievement of what matters most, supporting our customers from need to speed, from passion to progress, and from overhead to optimization. Our connected platform of solutions underpins the business and digital transformations of more than 4,500 customers globally, including 59 of the Fortune 100. Planview empowers enterprises to improve time-to-market and predictability, increase efficiency to unlock capacity, and ensure their most strategic initiatives deliver the desired business outcomes.

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Sideways 6 helps organisations turn employee ideas into measurable business impact.

4 in 5 employees have ideas to improve their business — Sideways 6 makes it easy to capture, prioritise, and act on them.

Our ISO 27001-certified platform is secure, scalable, and built to work inside the tools employees already use — like Microsoft Teams, Viva Engage, your Interact Intranet, or a simple web app for your frontline. No clunky forms, scattered spreadsheets, crowded inboxes or expensive custom-builds — just a smarter, inclusive way to access ideas that drive efficiency, improve processes, create new products and/or services and boost performance. Trusted by global enterprises and over 5 million employees worldwide. Proven to generate fast ROI and create culture of ownership and alignment.

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Ideanote is geared towards boosting an organisation's agility, creativity and value by acting as an efficient platform for gathering, sharing and evaluating ideas. This Idea Management tool streamlines the complex process of collating, organising, and assessing ideas, fostering a more efficient and successful innovation process. The cloud-based platform offers accessibility from any device, at any time. Ideanote is suited to diverse idea generation needs, whether it's for developing new products or improving day-to-day operations. The tool also promotes inter-departmental ideation and inclusive stakeholder involvement. It offers real-time data, which aids informed decision-making by providing insightful analytics. Overall, Ideanote simplifies the innovation process, ensuring ease of idea generation and assessment to foster an innovative organisational culture.

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ITONICS, founded 2009 in Germany, is a SaaS provider of systematic innovation management. The platform uses a systematic framework and artificial intelligence to assist organizations in identifying emerging technologies, trends, and market potential, and in translating these insights into growth strategies.

With a team of over 150 experts worldwide, ITONICS supports global innovation leaders in various industries.

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Wazoku is an organization focused on idea management and open innovation. It has developed its distinct Challenge Driven Innovation methodology which serves to stimulate innovation on a grand scale. The enterprise's core mission is to enable organizations across different sectors to participate, interact, and develop new ideas that can be morphed into valuable opportunities. Offering a comprehensive enterprise platform, Wazoku provides all the necessary resources to foster internal, external, and open innovation across global organizations. This platform is secure, adaptable, and seamlessly integrates with the broader enterprise technology infrastructure. Founded in 2011, with its headquarters in London, Wazoku also operates from Bristol in the UK and Dover, Delaware in the US. Additionally, Wazoku operates an open talent marketplace, the Wazoku Crowd, known for its active and intelligent problem-solving community.

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EY concentrates its efforts on improving the mechanisms of the working world by supporting the creation of enduring value for multiple stakeholders. Fueled by data and technology, EY's internationally dispersed teams facilitate the growth, transformation, and operation of client businesses by providing assurance services. With a multidisciplinary approach encompassing assurance, consulting, law, strategy, tax, and transactions, EY professionals strive to devise innovative solutions for today's intricate global concerns by asking perceptive questions.

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Established in 1993, Prosperi is committed to aiding organizations in improving their end-to-end Project Management Life-cycles, including Innovation Management and Capital Planning. This commitment stems from a shared desire to boost organizational productivity, achieved by fostering transparency, encouraging collaboration, and promoting effective teamwork. Throughout its history, Prosperi has found success in optimizing projects and delivering results by prioritizing quality, diligence, and adherence to project and cost timelines. Leveraging solutions built on Microsoft Project and Portfolio Management (PPM) solutions and the Microsoft Power Platform, honed through over 30 years of experience, Prosperi guarantees beneficial project management support.

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We make SaaS platforms that help organizations to innovate. Like all innovations, Qmarkets began as an ingenious idea back in 2007, and from that moment we’ve been committed to pushing forward the frontier of enterprise innovation.

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Agorize, founded in 2011, focuses on providing an Innovation Management Software-as-a-Service solution. It hosts diverse features, including open innovation, hackathon, idea management, company awards, employer engagement, and more. It facilitates organizations in originating ideas and assessing innovation and talent from teams and the larger ecosystem. The company's key offerings engage a global network of ten million innovators comprising start-ups, educational institutions, students, experts, and more. The developed platform assists organizations in enhancing their innovation strategies by discovering and partnering with adept start-ups worldwide, appealing to potential international talent, and encouraging and fostering existing employees. Furthermore, the platform accelerates the innovation workflow, connecting to an extensive community.

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Rever operates as a Frontline Action System, primarily focused on enhancing efficiency and minimizing costs. It leverages the productivity and ideas of its workforce to maintain a competitive edge in the global market. Rever's mobile and web apps provide a platform to manage daily tasks, record frontline inputs and monitor improvements comprehensively. This subsequent data is processed through AI to create cost-saving strategies. It functions as a valuable tool for leaders in operations who are tasked with improving safety, quality or productivity.

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edison365 is a software company that provides innovation management and project delivery solutions built on the Microsoft 365 platform. The company's primary focus is to assist businesses in harvesting ideas from their employees and converting these into tangible projects. This could range from creating innovative new products to large scale problem-solving initiatives. The company also promotes a balanced approach to work life by adopting a four-day working week schedule.

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Founded in 2001 and headquartered in Pleasanton,CA, Medallia is a provider of an integrated SaaS-based customer and employee experience mgt solution. The company offers an AI/ML-powered platform titled Medallia Experience Cloud™ which helps organizations gain actionable customer and employee insights and drive intelligent decisions. The platform helps organizations to understand the customer and employee journey, anticipate needs, predict behavior, and improve outcomes. The key component of MEC include comprehensive omni- channel feedback capture in a unified platform, unstructured data analysis, predictive and action-oriented analytics, real-time and personalized reporting, risk scoring and self-service.

Medallia also provides digital and experience orchestration solutions which serve as a unifying technological layer that acquires knowledge, comprehends data, and manages customer journeys and dialogues .Additional Medallia services include BI, Social Listening, and Contact Center.

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Exago BI is a business intelligence solution designed for unmediated integration into web-based SaaS or on-premise applications. Specifically created for software companies, it provides ad hoc reporting, dashboards, and analytics capabilities for both internal and external use. It is designed to allow non-technical users to generate reports and dashboards without IT assistance. Exago BI's advanced features include the ability to interact with data visualizations, use geo-maps, perform drilldowns, define formulas, and merge data into predefined PDF, RTF, and Excel templates. Additionally, Exago's open API, extensibility features, and customizable UI offer technicians the ability to further incorporate Exago BI within their environment and across multiple applications and data sources. Since 2006, Exago has been offering Exago BI to application software and service providers.

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Since 1993, SoftServe Inc. has provided transformational technical advice, services, and support to the world's most influential digital providers and software companies. Our AI and ML, computer vision, IoT, data science, and big data analytics expertise delivers innovation, quality, and speed within such verticals as healthcare, retail, energy, financial services, and manufacturing.

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Sopheon, a global company, assists organisations to achieve sustained revenue growth and profitability. It leverages its proprietary software solutions - Acclaim and Accolade, providing essential InnovationOps services. These services support product and project executives, and innovation leaders, in the overall management and successful execution of their duties. The company's software, dedicated to innovation management, helps organisations launch products faster, increase success rates, gain a competitive edge, and implement strategies more efficiently. Its all-encompassing approach to innovation and product development aids in enhanced decision making that is faster, smarter, and more profitable. Sopheon also provides tools for the governance and execution of strategies, significantly contributing to the successful operation of an organisation's innovation lifecycle. These tools cover areas such as product management, idea management, and project management.

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