Innovation Software

Discover the best innovation software that can help you organize and manage your ideas effectively.
Innovation is the key to the success of any business organization. Implementing new ideas to the products or services you deliver can help you stay ahead and gain financial growth. Moreover, innovation enables you to keep your employees motivated and engaged as they are learning new skills that contribute to their career and personal development. The best innovation tools can help you generate, evaluate, experiment, cultivate, implement, and track new ideas allowing you gain a competitive advantage and maximize ROI. 

What Is Innovation Software?

Innovation software is an application that enables manufacturers, product managers, and engineers to collaboratively create and manage new ideas that can be feasibly implemented to the products and services delivered to the customers. The innovation system allows seamless engagement with teams across the globe to generate new ideas through brainstorming and market research processes. It includes virtual prototyping tools that enable selecting the feasible and predicted ideas benefitting the business. The innovation management software also helps in designing the strategies that will allow you to make the best use of innovative ideas. It can also generate analytical reports that help you measure the results of all the new ideas and make informed decisions for the future.

How to Find the Best Innovation Software?

Finding the best innovation software can be a bit challenging with so many options available in the market. To ease your selection process, the experts atGoodfirms have come up with a list of the best innovation management software that can help you meet your innovative business goals. Just go through the details of each software and authentic reviews to make a wise purchase decision. Also, you can narrow down your options based on your business preferences by using intuitive filters given in the list.

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List of The Best Innovation Management Software | Top Innovation Tools

  • Planview Spigit

    Great ideas start here
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    Planview Spigit is a leading idea management platform that enables users to crowdsource ideas for new products and markets in order to solve critical business challenges and streamline operational processes. Available globally with multi-language support, Spigit offers business crowdsourcing and innovation management within a suite and employs gamification strategies such as virtual currency, rewa ... read more about Planview Spigit

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    50% in Innovation Software
  • edison365ideas

    Innovation software that takes care of growing an idea into a real-life project
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    edison365ideas is an end-to-end unified idea and innovation management software solution built on Office 365 so it works with all the applications you are already familiar with. Businesses can identify areas of focus, and crowdsource ideas from their employees to achieve specific, valuable problem-solving, while giving employees a voice and platform to raise their ideas. With a beautiful and engag ... read more about edison365ideas

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    50% in Innovation Software
  • Valuer

    INNOVATION DELIVERED. RIGHT AT YOUR FINGERTIPS
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    Valuer offers two distinct products for all stages of the digital innovation workflow. From discovering disruptive markets to crowdsourcing technology and selecting new applications and critical business models. Explore our enterprise solutions to identify and respond to market opportunities, prioritize your strategic initiatives, discover new technologies, and scale them. Bring a data-driven mind ... read more about Valuer

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    100% in Innovation Software
  • Ezassi

    Innovation Software Helps Businesses Cultivate and Implement Innovation — Faster.
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    Innovation software is a fairly recent development that was made possible by the rise in popularity of both cloud computing and social sharing platforms. The main goal of this software is to help enterprise level businesses generate and evaluate ideas so that innovation can be cultivated and implemented. The software serves as an important tool that facilitates collaboration while also providing a ... read more about Ezassi

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    50% in Innovation Software
  • Viima

    Innovation management made easy.
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    Innovation management is the systematic process of coming up with and introducing new things to shape the future of an organization. The road from raw ideas to successful innovation isn't easy, but the right software will help you throughout the process. A systematic approach to collecting and managing ideas helps you make more innovation happen by focusing your efforts on what matters. Viima is t ... read more about Viima

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    50% in Innovation Software
  • HYPE Innovation

    All your people. All your ideas. Moving in the same direction.
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    HYPE offers idea and innovation management software for developing and realizing opportunities aligned with strategic initiatives. We help you move past simply generating and evaluating ideas. Beyond our software, our client community and expert consultants work with you to build a sustainable innovation program. The HYPE Enterprise Suite allows you to connect your organization's goals with those ... read more about HYPE Innovation

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    50% in Innovation Software
  • Idea Spotlight

    Change the world one idea at a time with Wazoku's idea management platform.
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    Innovation software can be used across the innovation gamut, from the front end where ideas are generated (the ideation phase) through to the evaluation of these ideas, business casing, team building, project management, delivery and outcome measurements. Wazoku’s Idea Spotlight is a specialist software designed to make the process of idea generation, evaluation, filtering and early progression ... read more about Idea Spotlight

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    50% in Innovation Software
  • Exago Smart

    Connect to your people’s ideas anytime, anywhere
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    Mobilise your people to innovate. Gather and select top ideas. Control all platform activity. Speed up business results. Exago collaborative innovation software enables companies to mobilise their people to innovate, wherever they may be. Engageable and easy-to-use, Exago makes innovation fun for users, harnessing their ideas and collective intelligence to create the best solutions together. Our U ... read more about Exago Smart

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    50% in Innovation Software
  • Hives

    Create your own innovation hub.
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    Hives is a Software used by innovation teams wishing to structure & visualize their innovation efforts, making sure they are effective. Further, Hives makes it easy for them to engage as many people as they want, internal or external, in order to get the best possible insights, ideas, and results. Sharepoint-forms, spreadsheets, a few trello boards and a couple of hundred post-it-notes? We feel yo ... read more about Hives

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    25% in Innovation Software
  • Skipsolabs

    Easily configure the innovation and ideation workflow.
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    A complete solution to help you and your team bring the best ideas to life with a simple and intuitive idea management software. Manage and monitor your ideas and innovation portfolios, whether they are employee ideas, external startups or research projects. Engage your employees or external communities to help drive innovation in your organization. As ideas flow in, manage a pipeline of live oppo ... read more about Skipsolabs

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    50% in Innovation Software
  • Co:tunity

    A proven platform that helps you turn ideas into innovations
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    The Innofunnel four-phase structure guides users through the innovation process and pushes promising ideas towards realization. Our proven model is available out of the box, but can also easily be adjusted to your organization's preferences or existing processes. All users can submit and share ideas — openly or for administrators only. A custom image bank makes it easy to visualize ideas, while ... read more about Co:tunity

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    50% in Innovation Software
  • OrganisedFeedback

    Organised Feedback teaches your people how to powerfully describe and explain their ideas.
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    Ideas become Solutions that satisfy identified UNMET NEEDS. Where root causes and outcomes are discussed. Everyone's contribution is clear and consistent. Ones that start the improvement journey and are open for others to embrace and improve! Multiple administrators can easily manage contributions. It’s easy to assign statuses, publish official comments, record ROI and Invite colleagues and expe ... read more about OrganisedFeedback

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    50% in Innovation Software
  • Codigital

    The most powerful and engaging way for large groups to generate, prioritize and refine ideas.
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    The most powerful and engaging way for large groups to generate, prioritize and refine ideas. Integrates with Intranets and Consumer Panels. Your whole organisation can participate in a Codigital powered brainstorming session. Using Codigital is inherently social and is a great way to engage a whole audience at a conference or other large meeting. Showing real-time progress using an on-stage scree ... read more about Codigital

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    50% in Innovation Software
  • Wellspring

    Software to execute on innovation.
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    Wellspring provides the largest amount of pre-integrated data from proprietary data sources for clients to use as well as advanced analytics that create deep insights. Gain visibility into all activities in your innovation program, from co-creation to licensing and investments to prototypes. Wellspring’s flexible reports facilitate understanding and guide action across the portfolio. Track all p ... read more about Wellspring

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    50% in Innovation Software
  • Orbit Insight

    Business-oriented dashboards for innovators
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    Orbit Insight is the first true innovation intelligence solution to provide single-source access to the latest trends, patents, startups, competitors, partners, technologies, and publications. Fully automated and continually updated. The unmatched User experience associated with the largest innovation data scope helps you predict emerging trends and competitors’ strategies. ... read more about Orbit Insight

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    15 Days
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    100% in Innovation Software
  • Orbit Idea

    Collaborative idea and innovation management
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    Engage your employees in ideation and innovation projects to unleash your organization’s full potential for innovation. Orbit Idea is a comprehensive idea management software (ideation platform) that allows you to leverage the combined knowledge, expertise, and creativity of your entire organization throughout the innovation process. It combines design thinking, idea challenges, collaborative ... read more about Orbit Idea

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    15 Days
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    50% in Innovation Software
  • Orbit Startup

    Get your Open Innovation program off the ground!
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    Startup deal flow and program management. Orbit Startup is collaborative software (Startup Relationship Management – SRM) supporting your Open Innovation strategy A unique tool for the sourcing, review, follow-up and development of your partners and innovative projects. Between large companies and innovative partners, synergies are numerous but often difficult to identify and even harder to i ... read more about Orbit Startup

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    15 Days
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    100% in Innovation Software
  • Idea Deployer

    Idea and Innovation Management Software
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    Idea Deployer is a cloud-based all-in-one ideation management solution that helps you to discover, capture, collaborate, evaluate, prioritize and execute the best idea and deploy an innovation culture. ... read more about Idea Deployer

    Entry Level Price
    Free version
    Free Trial
    Available
    Category Focus
    100% in Innovation Software
  • Wordtune

    Your thoughts in words
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    Wordtune was built by AI21 Labs, founded in 2018 by AI luminaries. Our goal is to revolutionize the way we read and write. We design advanced AI tools and language models that understand the context and semantics of written text. These models are what set Wordtune apart as the first AI-based writing companion, moving far beyond grammar and spelling fixes to help you put your own thoughts into writ ... read more about Wordtune

    Entry Level Price
    Free version
    Free Trial
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    Category Focus
    70% in Innovation Software

Frequently Asked Questions

Who Can Benefit from Innovation Software?

Innovation software is a perfect solution for businesses of any size that desires to create innovative work environments within their organization. The companies falling under technology-driven sectors and dealing with a highly competitive market like software development, healthcare, finance, eCommerce, mobility, etc., can gain from Innovation tools. These types of business organizations face increased global competition that requires a proactive approach towards innovation in the products and services they deliver. Innovation systems help organizations create and manage their innovative ideas in a highly organized manner. Simultaneously, it also helps the employees gain innovative knowledge and grow professionally and personally.

What is the Role of Innovation Software in Idea Processing?

The foremost step towards any innovation is to capture ideas. The innovation management software allows conducting brainstorming activities and market research programs to capture ideas from employees (internally) and competition (externally). The innovation software includes virtual prototyping tools helping users evaluate and identify ideas that can yield considerable results. Ideas without proper execution can become obsolete over a period of time. The innovation management software provides strategic tools that empower users to make optimum use of the ideas that have been identified to benefit the business. Finally, analyzing the results from idea execution is highly significant to improve the processes and grow the business consistently. The innovation system includes features that help users measure the results achieved by executing new and innovative ideas and making informed decisions.

How Does Innovation Software Contribute to Increased ROI?

The innovation software helps create a culture of innovation, enabling employees to remain enthusiastic about suggesting new ideas and staying engaged with the company's latest developments. This results in improved productivity, ultimately leading to increased ROI. Moreover, innovation tools also streamline the entire process of idea submission and idea management, helping you to implement new changes and satisfying your customers. The satisfied customers help you in acquiring repetitive business resulting in improved profitability.

Which are the Most Popular Innovation Software Available?

Some of the most popular innovation software available are Ezassi and Viima. Also, you can go through the entire list of the top innovation software here.

Can I Get a Free Trial of the Innovation Software Before Purchasing it?

Yes, innovation software solutions like MindMeister, FIBRES, Throtspace, and many more provide a free trial period. You can get an idea about the features and functionalities of these innovative tools before selecting one.

Which Deployment Method in Innovation Software Should I Choose?

The deployment method in the innovation software you choose would depend on the technical infrastructure & resources available within your organization and your budget. Generally, enterprise-level organizations choose on-premise innovation software as they need their data under their control. Cloud-based innovation software provides convenience to small business owners and freelancers as they don't have to invest in infrastructure and hardware to make it work.

How Can I Select the Best Innovation Software?

To select the best innovation software, you need to consider four main aspects - features, technology, scalability, and price. The innovation system you choose should include the features as per your business requirements. Moreover, you need to ensure that it is built using the latest technology and is scalable enough to grow with your business. Last but not least, the price of the innovation software should be within your budget. 

Besides considering these factors, you can go through the list of the best innovation tools selected by the experts at Goodfirms after rigorous research and analysis. This list includes details about each software and authentic users' reviews to help you make the right purchase decision.

Do you have any more questions? Please feel free to contact us.

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