Trends Report

Vendor Landscape: Innovation Management Software

March 2nd, 2009
With contributors:
Stephen Powers , Norman Nicolson

Summary

Increasingly, companies tap information and knowledge management (I&KM) professionals for help with corporate innovation programs. In fact, some I&KM pros have already extended traditional collaboration tools, like messaging and team workspaces, with specialized innovation management software for harvesting new ideas from customers, partners, and employees. Yet, having grown from the intersection of idea management, threaded discussions, and Web 2.0 concepts like voting and ranking, the innovation management tools market today still lacks definition. For this report, Forrester surveyed 11 vendors with support for idea generation, brainstorming, communities, and events to give readers a starting point for their tools selection. Several vendors have impressive client lists and flexible deployment models, making them attractive for diverse innovation management needs.

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