Idea Management Platforms

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01
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Part
01

Crowdsourcing Innovation Management Platforms 1

A competitive landscape for Crowdicity, Shape, and Brightidea was completed in the attached spreadsheet in rows 3-5, including their features, benefits, pricing, advantages, and disadvantages. Selected findings for each company are provided below.

Selected Findings for Crowdicity

Selected Findings for Shape

  • Shape is well-rated as all-in-one customer management software.
  • Shape's interface is considered easy to use.
  • Assent Mortgage and Star Financial use Shape.
  • Shape integrates with MailChimp, Twilio, G Suite, MS Office, Stripe, Zapier, and more.
  • Shape has team-based pricing at $5 a user per month or enterprise pricing at $30,000 a year.

Selected Findings for Brightidea

  • Brightidea has an easy-to-use interface similar to social media platforms.
  • Brightidea has performance tracking and employee engagement features.
  • Brightidea's dashboards enable high-level overviews that enable upper management to monitor all aspects of their organization's performance.
  • Notable customers for Brightidea include Children's Miracle Network and Merck.
  • Contact Brightidea for pricing information. A demo is available.
Part
02
of four
Part
02

Crowdsourcing Innovation Management Platforms 2

Hype Innovation applies subscription, whereas Qmarkets is the quote-based plan. On the other hand, pricing is paid depending on the number of user bands for Idea Drop. More information is available in the attached spreadsheet.

Hype Innovation

  • The main features are API, activity dashboard, activity tracking, collaboration tools, projections, and commenting.
  • The notable features are browser-based idea portal with a personal to-do list, custom URL and branding, define innovation community as public or private, and email notification center to address the audience.
  • Hype Innovation also explicitly invite users to become part of the community, export all content to Excel, focus on social collaboration, full control over users, the highest security and operational standards as ISO 2700, and integration into Yammer activity stream.
  • Other specific features are management and evaluation of the idea pipeline, mobile-optimized, predefined automatic email notification & email reminders, register with Facebook or Yammer account.
  • The company also offers role-based access permissions to protect IP, run multiple targeted campaigns at the same time, sign up and start immediately, simple and transparent visualization of the idea process, and start page with personal activity stream.
  • The main benefits of their solution are sustainable and collaborative innovation, expertise included, and easy to use & quick to set up.
  • Hype Innovation applies subscription as a pricing model starting from $69.90/month with free trial availability.
  • The pricing will vary depending on the number of users that ranges from $6.99 to $2.99 per month.
  • Their notable customers are Nokia, Volkswagen, Toyota, and Bayer.
Pros
  • Rated as a great package with a powerful collaboration.
  • Considered as very good support with 4.6 out of 5 stars in HYPE Innovation ratings based on Capterra reviews.
  • The Hype Innovation solution is viewed as a "great for businesses who would like to engage with their employees to get the best ideas to help develop and grow the business."
Cons

Qmarkets

  • The notable features of Qmarkets are notifications, deadline tracking, competitive intelligence, analytics, best practices repository, collaboration, prediction markets, evaluation workflow, and active directory integration.
  • Qmarkets also stands out because of its idea tracking, automatic notifications, collaborative review, customizable branding, idea evaluation life cycle, prediction markets, role management, single sign-on, and third party integration.
  • It also offers idea campaigns, ideation, email templates, gamification, role-based permissions, competitive intelligence, personalized pages for users, and idea ranking.
  • "Improved decision-making", "simplified generation of groundbreaking ideas", and "streamlined idea management" are among the main benefits of the Qmarkets solution.
  • The pricing of the solution is not publicly available. Consequently, clients have to direct contact the company for the solution's pricing.
  • The pricing model of the company is a quote-based plan. Clients are required to submit a request for a demo to see if the solution is suitable for their businesses.
  • Qmarkets' notable customers are Hyundai, McDonald's, Bridgestone, Ford, and Nestle.
Pros
Cons

Idea Drop

  • The software features are notifications, idea ranking, analytics, collaboration, recommendation engine, email digest, crowd source, identity cloaking, innovation pipeline management, idea push notifications & email alerts, offer up prizes and rewards to incentivize idea challenges, automatic scoring & ranking of idea popularity, native mobile apps available for iOS and Android devices, and view real-time data analytic on trending ideas.
  • Other features integrate familiar social media techniques and tools, track the status of how popular posted ideas are, track trending topics with #hashtags, dashboard-based web access to idea feeds, admin and reports, export data and reports to.csv format, maintain an archive of valuable business ideas, and trace ideas back to the originator and offer rewards.
  • Achieve the brightest ideas from everyone, improve and verify ideas with images, attachments & files, and monitor individual accomplishment with profiles and innovation scores are among the benefits of the solution.
  • The pricing is paid depending on the number of user bands either one-year or two-year contracts. It ranges from £1.50 to £0.50 on a one-year contract. Meanwhile, the 2-year contract ranges from £1.43 to £0.48.
  • Idea Drop notable customers are MTV, BDO, and Ericsson.
Pros
Cons

Your Research Team Applied The Following Strategy

To address the request, we looked for each company's solution details. We gathered information through leveraging software reviews websites and their official website. Therefore, our research provides the details of features, main benefits, pricing structure, notable customers, and pros & cons.
Part
03
of four
Part
03

Crowdsourcing Innovation Management Platforms 3

The requested information for the platforms identified in rows 9-11. Viima, IdeaScale, and Idea spotlight, have been entered in the attached spreadsheet.

Viima

Pricing

  • Viima has a free plan for up to 50 users and one board.
  • It also has a Premium account option that costs $3 a month with yearly discount. The premium account comes with technical support, unlimited users, and unlimited number of boards.
  • The company also offers Enterprise account where a customer has to call their support for pricing as it is tailored to users needs.

IdeaScale

Pricing

IdeaScale offers the following packages:
  • Collect at $4,999 annually
  • Engage at $12,999 annually
  • Develop at $34,999 annually
  • It also offers the Transform package where price is tailored to a user's needs thus they have to get in touch with the company for pricing.

Idea Spotlight

Pricing

  • Pricing is only available on request
Part
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Part
04

Crowdsourcing Innovation Management Platforms 4

Two additional innovation/idea management tools/platforms identified are Ideawake and MindMeister. Information such as their notable features, main benefits, pricing structure, notable customers, and pros & cons from customer reviews are in the attached spreadsheet.

Ideawake

  • Ideawake is an innovation management platform capable of capturing and organizing ideas from employees and customers.
  • Its most notable features include gamification, crowd voting, participation control, and incentive programs.
  • Ideawake claims that its customers see an average financial impact of over $1 million within six months of using the software.
  • The company adopts a four-tier pricing structure with actual pricing available only on request.
  • Some of Ideawake’s customers include HP, Baker Hughes, US Bank, and Aurora Health Care.
  • The software has received an average score of 4.87/5 on GetApp. It was mainly praised for its ease of use, flexibility to create unique workflows and responsive support to customer issues.
  • However, it also received some criticisms for generating unrefined ideas, the presence of bugs during roll out, and the lack of options to classify ideas by viability or other attributes.

MindMeister

Sources
Sources