Wave Report

The Forrester Wave™: Innovation Management Tools, Q3 2013

The 14 Providers That Matter Most And How They Stack Up

July 11th, 2013
CG
Chip Gliedman
With contributors:
Peter Burris , Nancy Wang

Summary

Using Forrester's 17-criteria evaluation of innovation management vendors, we identified, researched, analyzed, and rated 14 significant innovation platform providers — BrainBank, Brightidea, CogniStreamer, Hype Innovation, IdeaScale, Imaginatik, inno360, InnoCentive, Innovation Factory, InnovationCast, Kindling, Nosco, Qmarkets, and Spigit. The final scores are tightly clustered, which shows that ensuring the best results and maximizing value from innovation management tools is less about the specific feature set of any individual innovation management product and more about the appropriateness of the solution in relation to a customer's organizational innovation maturity, specific internal goals, and expected user communities. This report details our findings about how well each vendor fulfills our criteria and where they stand in relation to each other to help readers select the right partner for their innovation management needs.

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