Introduction: Why Idea Management Software Must be on Your List of Priorities

If you’re like most business owners, you understand the importance of innovation. After all, it helps you stay ahead of the competition and keep your customers happy. But, you may not know where to start when it comes to implementing idea management software into your business.

That’s where we come in. In this blog, we’ll walk you through everything you need to know about idea management software and why it should be a priority for your business. It would be best if you used idea management software in your business for several reasons. Perhaps the most important reason is that it can help you save time and money.

What is Idea Management Software?

Idea management is the process of managing ideas, ideas, and other forms of organization in business. It is also the process of creating and organizing information to make it easily accessible to people. The word idea was initially used in the 1800s to describe a vague idea or conception of something.

The word idea has now come to mean a concept, idea, or thought. Nowadays, it is more common for companies to use idea management software to describe the process of managing ideas, managing documents, and coordinating tasks within a single system.

Idea management software can be used to organize documents, create new ideas, track project progress, and manage the workflow in a company.

To be clear, idea management is not the same as marketing. Marketing is the process of using advertising or other forms of communication to persuade people to buy products or services. Idea management is about organizing ideas and generating new ones. This can include creating new concepts, developing marketing ideas, and launching new products.

Idea management software is a tool that helps businesses capture, track, and implement ideas from employees, customers, and partners. The goal of idea management software is to help companies to streamline innovation and make it more efficient.

There are a variety of features that idea management software offers, but some of the most common ones include the following:

– Capturing and tracking ideas
– Collaborating on ideas
– Implementing ideas
– Managing the innovation process
– Measuring the success of ideas

How do I collect ideas from customers using idea management software?

If you’re looking to collect ideas from customers using idea management software, there are a few things you’ll need to keep in mind. First, you’ll need to decide what ideas you want to collect. This will help you narrow your options and choose the right software. There are two main types of idea management software:

– those that focus on innovation and new product development, and
– those that focus on cost savings and efficiency.

If you’re unsure which type of software is right for you, consulting with an innovation expert or company specializing in idea management might be helpful. Once you’ve decided what type of ideas you want to collect, you’ll need to choose a software platform that suits your needs. Many different software platforms are available, so it’s essential to research and choose one that will work well for your business.

Once you’ve chosen a software platform, you’ll need to set up a process for collecting ideas from customers. This can be done through surveys, polls, or other methods. Once you have a process in place, you can start collecting customer ideas and see the benefits of using idea management software.

How to Choose the Best Idea Management Software for Your Business

Implementing an idea management software solution is a great place to start if you’re looking for a way to streamline your business operations and get a leg up on the competition. With so many options on the market, though, it can be tough to know which one is right for your business. To help you make the best decision, we’ve put together a list of things to look for in an idea management software solution:

1. Quality.

The quality of an idea management software solution is just as important as the quality of any other part of your business. If a company can’t stand behind its product and service, it will have serious problems. That said, it shouldn’t take long to find a quality product on the market if you look around.

You’ll want at least two things here: It needs to be easy to use, and it needs to be easy to learn. It should be intuitive enough that someone who’s never used it before could figure it out in no time.

A simple-to-use interface will also help make the software more appealing to a broader audience.

One of the biggest concerns is whether the software comes with free trials for people to try it out before buying. If you’re buying a paid subscription, this may not be as important, but if you’re just getting started, it can be helpful to have a trial period.

2. Features.

Another thing to look for in idea management software is the number of features it has.

Is it just a simple idea management tool? Or is it an entire business management system?

Ideally, you want something with everything you need but not too many things you don’t. It’s a bit of a balancing act, but you should be able to customize the software to suit your needs and workflow.

Of course, if you’re in the start-up phase and don’t have much time to devote to your business, you may only need to get the basics of the software. But once you have a little more established and need to run a full-time business, it could be helpful to have more features.

3. Cost.

There are two things to look for when deciding on the price of your idea management software: What the number of features will cost and whether it will save you money.

Ideally, you want something affordable. But it shouldn’t be so expensive that you won’t be able to afford it. You should be fine if it’s something you can afford and works well.

The cost of the software itself is another consideration. If you’re looking for a free trial, try to ensure it’s free. If you can afford it, try to find something that has a free version.

4. Customer Service.

Another essential aspect to consider when choosing an idea management software solution. You want someone to be available to help you if you need it.

The software should have a 24/7 customer service phone line, and a live person can help you with any questions.
Another important aspect is whether there’s a good community of customers who can help you solve problems. This can be useful when you’re starting and don’t have an army of people helping you.

5. Price Comparisons.

Remember, this is all about finding something that will work well for you. The software should be easy enough to use that you don’t need a lot of training to get started using it.

And if you’re starting, you may only need the basics. But once you have more established, you may need more features. You may be tempted to spend a lot on a free trial, only to find it doesn’t meet your needs.

What are some good idea management tools online for individuals and SMEs?

There are a few different types of idea management software that you can use. Each is designed to help you organize ideas and create new ones.

The first type of idea management software is used to create marketing ideas. The following list includes the 5 leading software for individuals and SMEs ideation as a B2C proposal:

Idea Drop:

It is a company that provides innovative idea management software. It helps you evaluate, discover, refine, and execute ideas quickly. Additionally, it offers powerful tools for crowdsourcing ideas, gamifying the process, and managing teams.

Website: https://www.ideadrop.co

Industry sector: Services and IT Consulting

Employees: 7

Founding year: 2014

Vizologi:

An AI-powered business model tool to create new startups, from the entire list of ideation management software, Vizologi is the most advanced and sophisticated tool on the market. It includes a Generative Artificial Intelligence module for brainstorming ideas; with only two keywords, it offers you a list of infinite ideas; you can also give a name to your idea using AI.

Additionally, it provides 4 modules in Q&A format in which you can ask any business and strategy question; the three modules are market analysis, competitive intelligence, and corporate intelligence. It contains an extensive database of examples of business models of leading startups; you can capture genuine insights to create new ideas for products and services.

Website: https://vizologi.com/

Industry sector: Artificial Intelligence

Employees: 4

Founding year: 2017

Ideanote:

It’s an innovative platform designed to make your organization more agile, creative, and valuable. They created a groundbreaking idea management tool. Collecting, structuring, and evaluating ideas has never been easier. With Ideanote, you can turn your next big idea into reality.

Website: https://ideanote.io/

Industry sector: Technology

Employees: 12

Founding year: 2015

Ideawake:

SMEs trust Ideawake’s industry-leading idea management platform to enable a culture of innovation and increase employee engagement at scale. The platform is highly configurable and easy to use, providing the tools to tap into your workforce to collect, evaluate, and implement the 5% of ideas that will drive 95% of new business results.

Website: https://ideawake.com/

Industry sector: IT Services and IT Consulting

Employees: 7

Founding year: 2013

Sideways6:

An innovation management company that provides management consulting services and integrates with social networking applications to revolutionize crowd-sourcing and power innovation, improvement, and engagement, enabling organizations to run structured employee idea campaigns seamlessly.

Website: https://www.sideways6.com/

Industry sector: IT Services and IT Consulting

Employees: 31

Founding year: 2014

What is the best enterprise idea management software?

Idea management software is not necessarily about organizing ideas.

It’s more about creating a system that makes it easy to generate ideas and make them accessible. Large companies often use these tools to organize their marketing efforts and launch new products.

There are a few different categories of enterprise idea management software.

These include the following:

– Backend tools.
– Frontend tools.
– Enterprise-level software.
– Multiple platforms.
– Software that can be used on several devices and computers.
– Software that allows you to organize your ideas.
– Software that includes a database and will track the progress of projects.
– Software that provides a way to keep track of your company’s finances and create reports on the budget.
– Software that allows you to organize your work in a single system.
– Software for creating marketing ideas.
– Software for organizing documents.
– Software for tracking.

The following list includes the 5 leading software for enterprise ideation:

Brightidea:

This is the most popular enterprise-level tool among companies. It has a lot of features, and it is very customizable.
It’s also the most expensive software in the business. They believe that every company has the potential to foster a culture of innovation.

They offer a comprehensive suite of idea and innovation management tools designed to fit any size, scale, or level of maturity. Our focus is on allowing organizations to crowdsource ideas and build on strategic plans readily. But we don’t stop there – we back every idea with complex data points to help you track, manage, and prioritize ideas to ensure the best ideas always win.

Note: Most of the features of Brightidea are not used by small businesses and individual users. You may need to contact the vendor to determine if it meets your needs.

Website: https://www.brightidea.com/

Industry sector: Software Development

Employees: 67

Founding year: 1999

HYPE Innovation:

They believe that every organization has the potential to be a leader in innovation. Our platform offers dedicated tools to help organizations engage employees, customers, and partners in idea generation and collaborative problem-solving. With HYPE, organizations can create value by tracking all innovation activities on a unified platform. It has many features but may not be as customizable as Brightidea.

Website: https://www.hypeinnovation.com

Industry sector: Software Development

Employees: 104

Founding year: 2001

Qmarkets:

Qmarkets provides collective intelligence solutions that help enterprises from various sectors improve their processes, predict market trends, and find innovative solutions. Its suite of tools includes CrowdVoting, a collaborative process improvement platform, a tech-scouting platform, a prediction market, a hackathon platform, and live workshop software.

It’s not as customizable as HYPE or Brightidea. It’s suitable for creating marketing ideas and organizing documents.

Website: http://www.Qmarkets.net

Industry sector: Software Development

Employees: 68

Founding year: 2006

Wazoku:

Wazoku is the perfect solution for enterprise-level idea management and open innovation. Their Challenge Driven Innovation methodology enables organizations to scale their innovation efforts effectively. Our modular enterprise platform provides you with all the tools you need to power internal, external, and open innovation across your global organization.

With Wazoku, you can engage and collaborate with your workforce, ecosystem, customers, and the world to generate new ideas and turn them into impact.

Website: http://www.wazoku.com

Industry sector: Software Development

Employees: 101

Founding year: 2011

Planbox:

They believe that innovation is key to remaining future-fit. Our platform and services provide end-to-end innovation management, enabling medium and large organizations to become more adaptive, creative, and resilient. We offer tech scouting, corporate venturing, employee engagement, idea management, and strategy solutions, catering to healthcare, manufacturing, logistics, financial services, energy, and media industries.

Website: https://www.planbox.com/

Industry sector: Software Development

Employees: 57

Founding year: 1999

Conclusions and advice:

Be creative and think of new ways to market your product or service.
Use the best ideas to build or expand your business.
Be creative and use your imagination to come up with new marketing strategies.
Don’t be afraid to make some changes, even if they’re not popular.