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Home > Products > Software Benefits
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As a process for inspiring, managing, and protecting innovation and intellectual property more efficiently, Innovator helps you compete more effectively by lowering the cost of innovation, raising the quality of innovation, and giving you better control of your intellectual assets. The bottom line is profitability.
Among the benefits of Innovator are:
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Stimulate Business Growth
How much is breakthrough innovation worth to your company? Innovative companies--those with a sizeable percentage of revenue derived from products less than 3 years old--experience profit growth four times that of non-innovative companies.
Innovator can help you get to market faster—and first-to-market companies enjoy greater margins, greater profits, and a faster return on investment.
Innovator helps you tap the intellect of your employee base for product improvements, product line extensions, new products and services, process improvements, and best practices. Employees want to contribute to the success of the company, and Innovator gives you better ways to involve and challenge them.
By giving form, discipline, and structure to your innovation process, Innovator helps you avoid costly false steps, misdirected energy, and other inefficiencies. Allocate your resources wisely and profitably.
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Introduce Better Products Faster
Innovator helps make innovation happen faster and more profitably. From our preliminary assessment of your innovation processes to on-going assessment of your progress, we're committed to helping you build the engine that will supercharge innovation.
As an enterprise-level software solution that automates the paper-intensive process of innovation, Innovators allow you to manage the innovation pipeline. To find one or two potential breakthrough innovations, your incoming pipeline must contain thousands of ideas. Innovator allows you to quickly evaluate ideas and fast-track those with the greatest potential.
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Improve the Protection and Use of Intellectual Property
Innovator helps you slash the costs and increase the value of your IP portfolio. The ability to catalog and search your IP properties saves time, helps offer legal protection, and aids licensing. Besides extensive management reports on enterprise-wide innovation, Innovator provides the legal and accounting compliance to help you manage your intellectual capital.
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Achieve Better Teamwork and Personal Connections
Create a collaborative environment for innovation, allowing a real-time exchange of ideas and feedback. Innovator allows employees to tap expertise company-wide and to review what others are doing and to showcase their own efforts. You can highlight critical innovation initiatives and invite ideas from across the spectrum of the company. You hire the best and brightest employees; provide them an environment that effectively uses their talents.
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Directed Innovation to Meet Market Needs
Respond effectively to strategic needs and market opportunities. Innovator provides a Challenges area that enables your organization to identify and communicate business opportunities, and connect those market needs to the inventors and innovators within your organization. Through this directed-innovation process, products and services are able to match the true needs of the marketplace better, producing high market acceptance and business results.
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Motivate and Recognize Employees
Innovator provides a forum to spotlight employee contributions. Peer recognition, enhanced innovation collaboration, a sense of accomplishment and recognition for their contribution encourage employees to continue their participation. Feedback systems that keep them aware of the progress of their submission tells them that their ideas matter. Locations, departments and divisions can showcase their top achievements and people.
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Request a Demo
See the Innovator Enterprise Management System in action. See the power of Innovator in helping your create an environment for innovation, management of IP, and protection.
Request an Innovator demonstration.
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 In 2002 (most recent year), 8,254 civil cases related to intellectual property theft were filed in U.S. courts. Source: U.S. Department of Justice MindMatters can help you evaluate your current innovation environment.
We'll show you how to use Innovator™ both to speed the time from idea to profit and to increase the value of your innovation process.
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