Approximately one-third of manufacturing revenues today come from new products that five years ago did not even exist.* Companies of all sizes are focused on product innovation as a way to increase revenues and profits, placing a premium on the conception and management of viable new product ideas.
Accolade’s Idea Management module enables an organization to link product ideas directly to innovation strategy. The software allows users to capture ideas in the new product funnel, apply defined metrics to categorize them, and objectively score them to identify those that are the most technically feasible and commercially promising. In addition, promising concepts for future products can be placed onto a Vision Strategist™ market, product or technology roadmap so that they can be factored into plans for long-term development activity.
- Structure, automate and centralize your idea management process
- Score, track and rank ideas using consistent, objective metrics
- Generate more high-value, new-to-the-world product concepts
- Integrate ideation processes with long-term product plans
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* Source: Deloitte Consulting, Mastering Innovation, 2006