Innovation Management Software is a guiding tool which enables organizations in strengthening their innovation processes. It helps organizations in selecting the right ideas for implementation from the list of ideas suggested. The software overcomes organizational resistance, since implementing the right innovation is difficult for organizations. The innovation management software manages the process of innovation through collaboration, ideation, evaluation, and implementation.
360Quadrants has selected some of the Best Innovation Management Software providers in the market. This assessment helps buyers know more about innovation management software and make the correct choices based on their needs. All the innovation management software providers in this evaluation have been assessed against their products offered and business tactics and were placed on a quadrant, which is revised every three months. 360Quadrants also provides a SWOT analysis and helps these software providers identify new opportunities and areas of development.
Brightidea – A Visionary Leader
Brightidea is one of the leading players in the innovation management software market. The company is listed as a visionary leader on the 360Quadrants due to its advanced product offerings and impressive business strategy. The innovation management software offered by Brightidea excels due to its amazing feature of managing employee ideas. The company is rated #1 by users across the globe. The company expanded its footprint in the APAC region by partnering with Impact Innovation based in Australia.
The innovation management software offered by Brightidea has cloud deployment. Brightidea ensures that client data is secure and protected. Brightidea’s application is deployed in AWS data centers which are compliant with certifications such as ISO27001 and SOC 2. Apart from this, the company provides 24×7 technical support to its clients. For application security, the company hires third-party security experts.
Brightidea innovation management software offers numerous advanced features. Few top features of Brightidea include crowdsourcing and hackathons, a customizable platform, idea progression tracking, and innovation pipeline automation. The software demo can be availed from the company website which enables users in understanding the software better and having it customized as per their requirements. Brightidea helped more than 300 organizations in managing their innovation programs with advanced capabilities for transforming business outcomes with ease.
360Quadrants has very thoroughly curated and evaluated the Top Innovation Management Software providers. These software providers were evaluated based on 95 accurately selected data pointers, which were collected based on the product and business strategy of the software provider, and the data received from buyers as well as industry experts. All these parameters were assigned specific weightages, post which they were assessed. This study also helps analysts compute the overall score based on which the innovation management software providers were ranked and positioned on the 360Quadrants.
360Quadrants is the largest marketplace looking to disrupt USD3.7 trillion of technology spend and is the only rating platform for vendors in the technology space. It provides users access to unbiased information that helps them make qualified business decisions. The platform facilitates deeper insights using direct engagement with 650+ industry experts and analysts and allows buyers to discuss their requirements with 7,500 vendors. Companies get to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in niche spaces to be consumed by giants and startups alike. Experts get to grow their brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide.