"Innovation processes" refer to the structured procedures and methods that companies or organizations use to generate, develop, evaluate, and implement new ideas to drive innovation. These processes typically involve various stages such as idea generation, idea evaluation, prototyping, testing, and implementation.
Typical functions of software in the "innovation processes" area include:
Idea management: Capturing, evaluating, and managing ideas from various sources such as employee suggestions, customer feedback, or market research.
Project management: Support in organizing and managing innovation projects, including planning, resource allocation, and progress tracking.
Collaboration and communication: Providing tools and platforms for collaboration and communication among team members, departments, and external partners throughout the innovation process.
Idea evaluation and prioritization: Implementation of mechanisms for evaluating and prioritizing ideas based on predefined criteria such as feasibility, market potential, and strategic alignment.
Prototyping and testing: Assistance in prototyping ideas and products as well as conducting tests and pilot projects to validate functionality, usability, and marketability.
Analysis and reporting: Provision of analysis and reporting features to gain insights into the progress of innovation projects, the performance of ideas, and the return on investment (ROI).
Continuous improvement: Encouraging an iterative approach to innovation through feedback loops, learning from experiences, and continuously adapting the innovation processes.
