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.
crowdsourcing idea-management open-innovation collaboration

IdeaLab: Open Innovation Platform

Crowdsourced innovation software for managing ideas, challenges, and community collaboration, facilitating idea collection, evaluation, refinement, and implementation.

What is IdeaLab by Collective Innovation?

IdeaLab by Collective Innovation is an end-to-end open innovation management software designed to help organizations drive innovation by leveraging collective intelligence. It provides a flexible platform to crowdsource ideas, manage innovation challenges, form innovation communities, and collaborate with both internal and external stakeholders.

Key features of IdeaLab include:

  • Idea management - Ability to create innovation campaigns and challenges to crowdsource ideas from employees, partners, or public communities. Submission, browsing, voting, commenting, and refinement of ideas.
  • Innovation community features - Tools to build internal and external communities to participate in challenges, submit ideas, have discussions, and provide feedback.
  • Evaluation and selection - Configurable evaluation workflows and scoring models to assess ideas and select the most promising ones based on predefined criteria.
  • Innovation analytics - Pre-built and customizable reports and dashboards to get real-time visibility into innovation performance and patterns.
  • Open APIs and integration - Ability to integrate IdeaLab with existing enterprise systems including collaboration tools, digital workplace platforms, CRM and databases.
  • Flexible deployment - Cloud-based SaaS platform with rapid implementation or ability to install on-premises.

IdeaLab combines the power of crowdsourcing and collaboration with robust idea management capabilities for end-to-end innovation management. Its flexibility makes it suitable for various organizational needs and innovation programs.

IdeaLab by Collective Innovation Features

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

Official Links


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