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Top 5 Innovation Management Software Of 2022

By TechDogs Editorial Team

Overall Rating

Overview

Let's start with a quick guessing game - "Think of me like Yoda but instead of being little and green, I wear suits and I'm awesome. I'm your bro—I'm Broda!"

50 points for guessing who said this! Of course, it's the most awe… wait for it… some… Awesome Barney Stinson from How I Met Your Mother! You must be thinking, what makes us mention him here? Well, it's his innovative mindset.

You see, Barney is a storehouse of ideas. Be it personal branding with the help of a video resume or coming up with innovative ideas for Goliath National Bank, or the efforts he put into creating the playbook on how to impress Robin – Barney always used innovation as a secret weapon to rock his personal and professional life.

What if we told you there’s a software that’s just like a Barney to your organization! Yep, a tool that helps organizations manage the flow of ideas from initial concept generation to final realization for commercial use. We are talking about Innovation Management Software, a tool that supports different methods to generate ideas (internally or externally) through trendspotting, crowdsourcing, brainstorming. It helps businesses improve processes by coming up with new ideas, testing them out and scaling them up once they've been proven successful.

Now that you know how amazing this software is, we bet you must be curious to find out the top 5 Innovation Management Software available on the market today. Read on!

Businesses are constantly searching for newer and better ways to stay up-to-date in the digital era. To thrive in this cut-throat business climate, they must continuously innovate and stay ahead of their competitors. However, in the words of Thomas Edison, “the value of an idea lies in the using of it” and that's precisely what Innovation Management Software is all about. This software helps you collect, manage and use ideas in the best possible manner.

It's no hidden fact that some businesses are lucky to have brilliant minds constantly coming up with new ideas whereas some struggle to innovate. Innovation Management Software is a savior for both (especially for the latter!). This software equips you with creating, managing and preserving the unique ideas and strategies that will give your business a competitive edge. Awesome, right!

Do you want to find out the best Innovation Management Software available on the market today? Well, your wait is over as we are about to begin the exciting ride that reveals the top 5 Innovation Management Software of 2022. Ready, steady, go!

Top 5 Innovation Management Software Of 2022

Innovation Management Software helps businesses capture the idea pool emerging out of their organization to ensure that all the ideas are identified, tested and evaluated before being put into action. Besides, it empowers enterprises with robust digital management of innovation strategies and processes. Brace yourself as we are about to reveal the top 5 Innovation Management Software of 2022! (Disclaimer – The list is random, the tools are all innovative!)

Planview Spigit	Ideanote	IdeaScale
Qmarkets Idea Management	Brightidea IdeaBox

Tool 1: Planview Spigit

Abracadabra! Here we present the first Innovation Management Software on our list!

Spigit is the world's leader in Innovation Management Software which Planview acquired in 2018. Planview is a global enterprise software company founded in 1989 with its headquarters located in Austin, Texas. Spigit is trusted by over 500 enterprises situated in 170 countries, with more than 6 million employees using their tools. This software helps them grab the collective intelligence of customers, employees and partners to accelerate innovation. Spigit bagged Customer Choice – Winter (2022) award by Software Suggest!

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Spigit is an Innovation Management Software that helps you quickly uncover ground-breaking ideas, manage them and launch them in the market with least efforts. With the assistance of this software, your innovation team can broadcast ideas, discover opportunities and resolve emerging issues using preconfigured or custom templates to ensure the instant exploration of specific innovation use cases.

Well, that’s not all about it! Its features such as customized dashboard, reporting and analytics enable you to maximize business intelligence to illustrate and evaluate your idea’s elements. Additionally, this software consolidates your ideas with Machine Learning (ML) and uses natural language process (NLP) to identify and strengthen comparable ideas.

Tool 2: Ideanote

Ideanote.io is an innovation-led growth platform helping businesses of any size collect, develop and manage ideas with ease. It was founded in 2014 and its headquarters are based in Copenhagen, Hovedstaden, Denmark. Its Innovation Management Software, Ideanote, is trusted by reputed brands like IKEA, Stanford University, Usiminas and Roche. Not just that, Ideanote.io is the #1 innovation-led growth platform across the globe! Ideanote has been awarded an Emerging Favourite – Idea Management Software (2021 and 2022) by Capterra and High Performer – Spring (2022) by G2.

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Ideanote is an all-in-one software that takes your innovation management a step ahead by creating an optimized innovation flow that continuously collects ideas from your team and ensures that the ideas move forward. Besides, with software like Ideanote, your team can gather ideas for new products, increased revenue or a new culture in very little time.

What’s even cooler is that Ideanote steps in with a range of features that enable you to quickly launch a goal-driven idea collection, involve innovative minds in your plans, develop and implement ideas, track your innovation impact, streamline workflows and stay time efficient. So, gather ideas, identify your blind spots, communicate ideas in real-time and transform your ideas into mind blowing projects with this all-in-one Innovation Management Software.

Tool 3: IdeaScale

IdeaScale is a software company that licenses an innovation management platform employing the principles and practices of crowdsourcing. This company was founded in 2009 and its headquarters are based in Berkeley, CA, the United States and Washington, DC, United States. IdeaScale is the world's leading cloud-based Innovation Management Software with more than 25000 customers and 4.5 million users. It bagged an award of Best Meets Requirements - Enterprise – Spring (2022) by G2. It is trusted by brands and companies like Grant Thornton, Vestas, Nascar, McDonald's and Freddie Mac. Kudos, IdeaScale!

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IdeaScale enables you to find ideas that help with digital transformation, automation and more! So, it's safe to say that innovation management strategies implemented using IdeaScale extend beyond the four walls of your enterprise. This software links the teams working in your organization with sessions for problem-solving and resource planning, ensuring comprehensive ideas are generated for enterprise-wide use.

Additionally, with the help of this Innovation Management Software, you can conduct hackathons (events to engage in collaborative computer programming), apply design thinking, augment research and development and a lot more! Moreover, it boasts integrations such as Jira, Google Analytics, Teams, Slack, Trello and a lot more!

Tool 4: Qmarkets Idea Management

The following Innovation Management Software on our list is by Qmarkets.net, a company founded in 2006 and located in HaMerkaz, Israel. It's a leading Enterprise Supplier of Idea and Innovation Management Software. Qmarkets Idea Management is an intelligent Innovation Management Software that empowers global leaders to achieve outstanding ROI. It's been awarded as High Performer – Winter 2019 by G2 and Visionary Leader – 36 Quadrant 2020 by 36 Quadrant. Brands like Intel, Ford, Hyundai, Philip Morris and Uni Credit trust Qmarkets Idea Management to drive epic innovation management programs!

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Qmarkets Idea Management helps you solicit and collect ideas, run practical online brainstorming sessions, gamify the innovation process and personalize communications. By welcoming this fantastic software into your organization, you empower your organization by transforming innovative ideas into incredible results. With the help of this comprehensive software gathering, incubating and implementing ideas from any audience and turning them into strategies becomes easy-peasy for you!

The best part is that Qmarkets Idea Management has assisted some of the most advanced enterprise innovation programs globally with its gamification techniques. These techniques help you with planning the right process, crowd-voting, token-voting, conducting idea tournaments, managing your pipeline and built-in project management. After all, who doesn’t love gamified approaches!

Tool 5: Brightidea IdeaBox

The following software on our list is IdeaBox, an idea and Innovation Management Software by Brightidea, a software company founded in 1999 and based in San Francisco, California, United States. Brightidea is trusted by 2 million users worldwide. In 2022, IdeaBox bagged the Leader – Winter award by G2. Amazon, Merck, LinkedIn and BT New Ideas are some of the influential organizations that trust IdeaBox with their innovation management strategies.

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This terrific innovation management tool lets you crowdsource on a grand level enabling you to foster a global, company-wide culture of innovation. It eventually helps you engage your workforce situated across the world to eliminate silos irrespective of geographic barriers. If you think that’s all about it then hold on, the best part is about to be revealed!

This Innovation Management Software by Brightidea enables you to ramp up your innovation efforts to thousands of programs and acquire successful results. Additionally, IdeaBox helps you with the sourcing of ideas, evaluating them and tracking your results across divisions. The simplified interface makes participation simple, and the mobile app allows people to pitch in ideas at any time and from any location.

Wrapping It Up!

Innovation is the lifeblood of a successful company but keeping track of all the various projects, ideas and people involved in it can be a herculean task. However, it is also a fact that if you run a company that deals with employees that work remotely, you'll need a way to manage the innovation process. That's where Innovation Management Software comes in. The main benefit of using Innovation Management Software is that it helps you collect ideas and act on them to improve operational efficiency and business revenue.

Innovation Management Software can help you streamline your processes, increase your employees' collaboration skills and track your company's progress. So, what are you waiting for? The stage is all set, step ahead and choose the best software and ramp up your innovation.

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Idea Management Tool Innovation Management Tools Innovation Innovation Management Idea Management Innovation Management Software Planview Spigit Ideanote IdeaScale Qmarkets Brightidea IdeaBox

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