CGT Magazine’s Readers’ Choice Recognition Based on Number of Manufacturers Using Company’s Software and Satisfaction Ratings

MINNEAPOLIS and LONDON - Mar. 3, 2011 - Sopheon, the international software and services company, announced today that it has been named one of the top ten suppliers of new product development and introduction solutions to manufacturers in the consumer goods sector based on a survey of senior-executive readers of CGT (Consumer Goods Technology) magazine.  CGT’s Readers’ Choice recognition reflects the number of consumer goods companies using Sopheon’s product lifecycle management software and their ratings of the quality of their experience with those solutions.

CGT’s Readers’ Choice poll is designed to identify the solutions and services most highly valued and widely used by consumer goods manufacturers across 10 categories.  Participants are asked to name the provider they currently use in each applicable category and rate their experience with those suppliers. Executives from 122 consumer goods companies participated in the 2011 survey.

Consumer goods manufacturers use Sopheon’s software to increase revenues and profits from new products.  The company’s Accolade® solution enables end-to-end governance of the innovation process, including strategic roadmapping, idea development, product portfolio management and gated-process execution.  More than forty percent of Sopheon’s current customers are in the consumer goods sector.  Among them are many of the largest and most innovative companies in the industry, including such well-known brands as PepsiCo, Heinz, ConAgra, Burger King, SABMiller, Electrolux, Beiersdorf, Dr Pepper Snapple Group, Briggs & Stratton, Freudenberg, Land O’Lakes and Rich Products.

“CGT’s Readers’ Choice recognition is particularly meaningful to us because it is based on the judgments and feelings of our customers,” said Ed Herzog, vice president of consumer goods market development for Sopheon.  “On the one hand, it’s a measure of the value and popularity of our solutions.  But we believe that this recognition also mirrors our hard work toward making sure that every company that chooses our software comes to view us as a partner in their innovation efforts.  We are grateful that so many consumer goods manufacturers have entrusted us with the opportunity to support them on their innovation journey.”

For more information on CGT’s 2011 Readers’ Choice Awards, visit

Accolade® is a registered trademark of Sopheon plc. All other trademarks and registered trademarks are the sole property of their respective owners.

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