Raise Your Return on Innovation

Innovation is a top priority for many CEOs, who look to new products as the engines for growth and transformation. However, translating aspirations into reality requires treating product innovation as a key business process linking upstream to overall portfolio management, and downstream to product development and commercialization. Oracle Innovation Management Cloud addresses precisely this challenge. It helps increase revenue growth and achieve a competitive advantage by introducing a systematic approach to capturing, selecting and investing in the right ideas and product concepts – with the ease, security and reliability of the Oracle Cloud.

Innovation Management

The process steps in the Innovation Management solution are:

  • Build an innovation pipeline fueled by a steady stream of high-value ideas that can be translated into profitable offerings for customers
  • Analyze the impact of alternate investment scenarios against business objectives such as revenue, cost, profit and resources constraints to determine the best opportunities to commercialize
  • Develop product requirements that translate customer ideas into concepts and products that will achieve their business goals
  • Eliminate new products that don’t measure up to strategic fit and business case early in the development lifecycle
  • Hand over from Concept to Product Development (IM to PLM)

Beside the Software Solution we are offering, together with innovation management experts, a two day analysis workshop about your Innovation Status.

Innovation Management