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Market Overview

Spigit vs. Jive Software vs. BrightIdea a Decision Makers Guide

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Thomas Edison’s most important achievement was the development of an effective incandescent light bulb.  Most people believe he invented the light bulb but in fact he improved upon a 50 year old idea.  50 years to create what we now know to be one of the most important inventions of the 19th century. 

Imagine if he was armed with today’s innovation management tools.  Imagine if everyone were.  It’s fair to say that perhaps Humphry Davy (the first to invent the electric light) would have emerged the father of the light bulb had he been given access to the wisdom of the crowd.

The Innovation Management Players

While it doesn’t take 50 years to bring new products to market anymore, it still takes much longer than it should.   The innovation management companies Spigit, Jive Software and BrightIdea are looking to cut down an idea’s time to market while simultaneously surfacing the best ideas.  Between the three of them, they have a lot of success stories that make the case.

The Innovation Management Guide 

The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

 

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Innovation

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In 6 words or less

Behavioral science meets innovation social network

Social community driven innovation

Full Lifecycle innovation Management

Key customers

Cisco, Southwest Air, Pfizer

Chordiant

Adobe, American Express, Philips, Emerson

By the Way

Amongst its portfolio, they have the only SMB focused solution

The most recent innovation entrant

The oldest of the group, this company was started in 1999

Search Buzz Meter*

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Web Traffic**

30k/month

10k/month

48k/month

Cloud/SaaS enabled?

Yes

Yes

Yes

The Videos

Spigit

 Jive Innovation

BrightIdea

Known for?

Algorithmically discovers winning ideas and people

Community, Community, Community

Being the first to market

Modules

·         Enterprise

·         Contest

·         Prediction Market

·         SharePoint

·         WE for SMB

Ideation

·         Product

·         Marketing

·         Process

·         Organizational

Target Market

Enterprise & SMB

Enterprise

Enterprise

Strengths

Easy to use, many tools on their website to demonstrate the power of their software. 

Can leverage the Jive SBS platform to increase value of innovation module

Has 300+ customers and good enterprise traction

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