Planbox is recognized in this report for the sixth consecutive time.
Wilmington, Delaware — Planbox, the pioneering agile innovation management platform, has been recognized as a Representative Vendor in the 2023 Gartner Market Guide for Innovation Management Tools for the sixth consecutive time in a row.
Planbox was mentioned among 13 innovation management software vendors that correspond with Gartner’s market definition:
“Innovation management tools market help organizations manage the flow of ideas from initial concept generation to final value realization or commercial exploitation. They support diverse methods to generate ideas, both internally or externally; to prioritize and select ideas; to act on selected ideas; to observe and measure activity and impact; and to operate innovation programs at scale.”
According to Gartner, “the transformation to digital business, competitive pressures and new demands for hybrid work are increasing innovation leaders’ interest in software that supports innovation initiatives.” As well, the three most common use cases supported by innovation management tools are:
- Events and campaigns
- Idea assessment and stage gates
- New product development
The report states that, “applications and software engineering leaders responsible for innovation programs can use this Market Guide to understand current trends and make effective technology choices for their innovation programs.” In its recommendations, Gartner believes innovation leaders should:
- Ensure commitment, including leadership buy-in, budgets and decision responsibilities by engaging with business stakeholders and establishing an innovation framework, irrespective of whether a tool is deployed.
- Focus on usability and user engagement through gamification and on supporting decision makers in defining selection criteria and the process for moving ideas to value realization.
- Deploy innovation management tools alongside the applications that people already use to ensure participants are immersed in the business context that can spark new ideas.
Planbox was also previously cited in the Gartner Hype Cycle™ for Innovation Management Techniques, 2022, a report aimed at helping executive leaders understand the trends in techniques and approaches that can help maximize the value and impact of their innovation programs across the organization.
Additional customer insights into the Planbox platform can be found at Gartner Peer Insights™ Reviews, where users rated Planbox with a 5-star rating based on 5 reviews as of March 21, 2023.
“We believe that our inclusion in this Market Guide is a testament to the effectiveness of our platform in supporting all stages of the innovation management process. We’re proud to be once again recognized as a Representative Vendor in our space and look forward to continuing to push the boundaries of what’s possible in the field of innovation management,” said Ludwig Melik, CEO of Planbox.
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Gartner “Market Guide for Innovation Management Tools” by Nikos Drakos and Marty Resnick, 14 February 2023.
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About Planbox
Innovation is at the heart of becoming Future-Fit. By aligning our software with ISO 56002 guidance standards, our end-to-end agile innovation management platform and services empower medium and large-sized organizations to become more adaptive, creative, and resilient. Planbox helps you turn creative ideas into winning projects and integrate everyday tools to collaborate smarter with your community of employees, customers, partners, startups, governments, academia, and expert solvers. Planbox has offices in Canada, UK, and USA, with customers around the world in over 140 countries.