International partnership delivers a singular proposition for any group looking for to unravel enterprise challenges and drive innovation
Waltham, MA – 11 February 2020 – Open innovation agency InnoCentive has introduced a serious new partnership with UK concept administration scaleup Wazoku, which can create the world’s most complete and highly effective innovation platform and group.
Wazoku’s Concept Highlight innovation platform can be built-in with InnoCentive’s international community of greater than 400,000 knowledgeable downside ‘solvers’ and Problem Pushed Innovation™ methodology.
The joint providing is regarded as the world’s largest innovation group and broadest innovation providing, permitting the crowdsourcing of options to essentially the most urgent of enterprise and technological challenges anyplace, anytime.
“We see numerous demand from our clients for a extra built-in providing, enabling open innovation challenges, whereas additionally supporting inner and ecosystem targeted innovation,” stated Alpheus Bingham, CEO and co-founder of InnoCentive. “Wazoku’s platform is feature-rich, inherently scalable and has already proved its business viability and effectiveness. It’s going to add a brand new dimension to our challenges and collectively we create an open innovation platform, group and market in contrast to another on the planet.”
InnoCentive clients will profit from a platform accomplice that brings a richer and broader suite of options and performance. Wazoku’s innovation platform, Concept Highlight, is thought to be one of the superior within the innovation sector and is utilized by organizations such because the Ministry of Defence, Nationwide Well being Service and HSBC to seize, consider, enhance and implement concepts from staff, clients, companions and different teams of stakeholders.
“Wazoku is all the time searching for methods of bringing new concepts to the market and with this partnership we will provide an answer at a scope and scale that no different firm can,” stated Simon Hill, CEO, Wazoku. “Our Concept Highlight platform is extensively recognised by analysts, clients and friends for its fee of product innovation and by combining that with InnoCentive’s solver community we now have created a singular proposition for downside fixing and crowdsourcing concepts.”
Initially the partnership will see the combination of Wazoku’s Concept Highlight with InnoCentive’s exterior community of greater than 400,000 solvers and its Problem Pushed Innovation™ methodology. Following this, the 2 corporations will develop the Wazoku ‘Highlight.ai’ performance, including extra AI and machine studying to the open innovation providing to assist international companies extra successfully supply, consider and determine the perfect outcomes to handle their innovation challenges.
Dr. Thomas Malone, Professor on the MIT Sloan College of Administration and Director of the MIT Heart for Collective Intelligence, sees the partnership because the pure development of open innovation: “Integrating the parts of concept administration and crowdsourcing permits corporations to unravel issues and create alternatives utilizing many channels each inside and outside the group. This mixture of market leaders, InnoCentive and Wazoku, represents a considerable maturation within the open innovation sector.”
For Wazoku, the partnership with InnoCentive additionally offers an additional footprint into the necessary US market, as Simon Hill, CEO, Wazoku, explains:
“The worldwide concept administration market will attain greater than £1bn inside two years, and a major a part of that’s throughout the US. It’s a key marketplace for Wazoku and partnering with InnoCentive is the proper approach for us to make extra vital inroads into the US and entice new clients.”
For additional details about InnoCentive, please go to https://www.innocentive.com/
For additional details about Wazoku, please go to https://www.wazoku.com
Wealthy Barletta – InnoCentive, Inc.
Paul Allen – Rise PR
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