Solutions That Help Organizations Achieve Exceptional Business Results Through Improving Innovation Performance
Regardless of industry, innovation performance is central to achieving sustainable growth and profitability. Leaders recognize that innovation is critical to success and central to strategic direction of the organization, yet effective execution remains difficult. While each industry is faced with its own unique set of challenges when it comes to attaining results from innovation and new product development, most organizations are working towards overcoming a common set of obstacles.
Research shows some of the following challenges:
Leading innovators, across a number of industries, such as Clarcor (filtration), Abbott (medical), Bayer MaterialScience (materials), Wendy’s (restaurant), Philips (diversified), Merck (pharmaceutical) and many others rely on Sopheon’s Accolade solution to:
- Keep strategies and initiatives aligned in consideration of changing markets, economies and trends – clearly identify gaps between the strategic plan and portfolio of innovation initiatives.
- Establish standard, global processes for innovation and new product development, including simplifying and automating gated processes, to speed time to market and support cross-functional collaboration.
- Optimize the portfolio of products to make the right investment decisions, and focus resources on moving the highest-value projects through development.
Learn more about how we partner with companies to help them achieve business results through their innovation efforts:
1 CGT/Sopheon Survey
2 SGI Benchmarking Study