What is striking me recently is the upsurge in the software being specifically designed for managing innovation. The competition seems to be warming up in the more ‘standalone’ out-of-the box segment and the innovation tools being provided are certainly accelerating the innovation process.
The software being provided is going well beyond the simply mining and capturing of promising ideas. The solutions are moving into sound idea enrichment, evaluation processes and managing a portfolio of innovation in more holistic ways.
The providers here, namely Hype, Brightidea, Spigit, Imaginatik and a growing group of others have been significantly improving their ‘front end’ offerings to capture and develop concepts- They are increasingly turning their attentions to the ‘back end’ and support with greater focuses on governance, knowledge repositories, campaign cockpits, evaluation and dialogue exchange mechanisms. Mobility has also been a growing feature to capture innovation ‘on the go’.