Approximately one-third of manufacturing revenues today come from new products that five years ago did not even exist.* Companies of all sizes are striving for more effective product innovation management as a way to increase revenues and profits, placing a premium on viable new product ideas as the source of their future growth.
Sopheon's Accolade® idea submission module is designed for organizations that don’t require the collaboration and product idea development capabilities provided by Idea Lab™. The PLM software systematically captures new product ideas in a central repository and allows them to be moved directly into the development funnel. New product ideas are evaluated via gated processes that support rigorous, objective assessment and scoring and enable identification of those concepts with the greatest potential. Ideas for future products can be placed onto an Accolade® Vision Strategist™ market, product or technology road map and factored into long-term development plans.
- Structure, automate and centralize the capture of ideas
- Score and rank ideas using consistent, gated processes
- Link idea submission activity to product planning
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* Source: Deloitte Consulting, Mastering Innovation, 2006