Innovation Cloud vs IdeaLab by Collective Innovation

Struggling to choose between Innovation Cloud and IdeaLab by Collective Innovation? Both products offer unique advantages, making it a tough decision.

Innovation Cloud is a Business & Commerce solution with tags like idea-management, innovation, crowdsourcing, collaboration.

It boasts features such as Idea submission, Voting on ideas, Discussion forums, Reporting and analytics, Workflow automation, Idea challenges, Integration with other systems and pros including Easy to use interface, Engages employees and customers in innovation, Centralizes idea management process, Provides visibility into innovation pipeline, Scales across organization.

On the other hand, IdeaLab by Collective Innovation is a Business & Commerce product tagged with crowdsourcing, idea-management, open-innovation, collaboration.

Its standout features include Idea collection, Idea evaluation, Idea refinement, Idea implementation, Innovation challenges, Internal collaboration, External collaboration, Crowdsourcing, Community management, and it shines with pros like Facilitates open innovation, Allows crowdsourcing of ideas, Manages innovation challenges, Collaboration tools, Idea management workflow, Scalable platform, Customizable, Integrations with other systems.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

Innovation Cloud

Innovation Cloud

Innovation Cloud is a cloud-based idea management software that helps organizations capture ideas from employees, customers or partners. It includes features like idea submission, voting, discussion forums, reporting, and more to manage the innovation process.

Categories:
idea-management innovation crowdsourcing collaboration

Innovation Cloud Features

  1. Idea submission
  2. Voting on ideas
  3. Discussion forums
  4. Reporting and analytics
  5. Workflow automation
  6. Idea challenges
  7. Integration with other systems

Pricing

  • Subscription-Based
  • Pay-As-You-Go

Pros

Easy to use interface

Engages employees and customers in innovation

Centralizes idea management process

Provides visibility into innovation pipeline

Scales across organization

Cons

Can be costly for smaller organizations

May require change management

Features may be too complex for basic needs


IdeaLab by Collective Innovation

IdeaLab by Collective Innovation

IdeaLab is an open innovation software platform that allows organizations to crowdsource ideas, manage innovation challenges, and collaborate with internal and external communities. It facilitates idea collection, evaluation, refinement, and implementation.

Categories:
crowdsourcing idea-management open-innovation collaboration

IdeaLab by Collective Innovation Features

  1. Idea collection
  2. Idea evaluation
  3. Idea refinement
  4. Idea implementation
  5. Innovation challenges
  6. Internal collaboration
  7. External collaboration
  8. Crowdsourcing
  9. Community management

Pricing

  • Subscription-Based
  • Custom Pricing

Pros

Facilitates open innovation

Allows crowdsourcing of ideas

Manages innovation challenges

Collaboration tools

Idea management workflow

Scalable platform

Customizable

Integrations with other systems

Cons

Can be complex for non-technical users

Requires training and change management

Data security concerns with open innovation

Potential cost of incentives for external crowdsourcing