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Spigit Releases New Industry-first Capabilities to Cap off Year of Record GrowthNew capabilities make it easier than ever to manage and track the entire lifecycle of ideas Company introduces research-based Program Benchmarks to track innovation program success for industry leaders SAN FRANCISCO, Feb. 14, 2018 (GLOBE NEWSWIRE) -- Spigit, the world’s leading provider of idea management software, today announced a significant new product release that includes first-in-the-industry capabilities as well as numerous enhancements to the platform to help organizations manage the entire lifecycle of an idea – from idea to impact. This powerful platform upgrade comes as the company caps off another year of record new business growth, growing 42 percent year-over-year. With this release, Spigit goes beyond helping clients get to the best idea and now provides capabilities to allow them to manage a portfolio of ideas, track their progress, measure their value, and deliver higher impact. Designed for full lifecycle idea management Spigit Program Benchmarks: An industry first These benchmarks were developed basedon a groundbreaking study with an economist from Northwestern University’s Kellogg School of Management. This study analyzed millions of anonymized data points over the last five years on the Spigit platform -- the most comprehensive qualitative study of corporate innovation ever. Given the widespread platform adoption of 6 million people across 170 countries Spigit was uniquely qualified to develop these research-based Program Benchmarks to help clients track the performance of their crowdsourced innovation programs through providing an essential point of comparison. Accurate and relevant Program Benchmarks expand the view of programs in terms of performance and encourage proactive monitoring and reporting. By providing these industry benchmarks, Spigit demonstrates that it’s engineered to both accelerate innovation and help organizations make more informed decisions every step of the way. Increased engagement through enhanced API Engineered for the future “Innovation is about evolving for the future, satisfying requirements and overcoming obstacles through the generation and development of great ideas,” said Scott Raskin, President and CEO of Spigit. “This platform release enables organizations to take advantage of the wealth of ideas in their own backyard and from this develop a portfolio of those for implementation. In an era in which competition is remarkably fierce, ideas matter. Companies need any amount of leverage they can get, and Spigit empowers them to succeed.” To learn more about how Spigit can initiate an ideation lifecycle at your organization, please visit www.spigit.com. About Spigit Inc. Spigit global HQ is in San Francisco, European HQ in London, and our Asia-Pacific HQ is in Sydney. Learn more at www.spigit.com.© 2018 Spigit Corp. All rights reserved. Spigit, the Spigit logo, Kindling, the Kindling logo are trademarks or registered trademarks of Spigit Corporation and/or its in the U.S. and elsewhere. All other trademarks mentioned herein are the property of their respective owners. Spigit Media Contact: |