Leader provider of collective intelligence and idea management solution, and Innovation Framework Technologies (IFT), premier supplier of innovation and new product development solutions, announced today a strategic partnership. The partnership is focused on delivering a complete solution to help organizations manage the innovation processes end to end from idea generation to product development, making it the most comprehensive innovation management solutions available in the market.
The Qmarkets award winning idea management platform will be integrated as the front end of the innovation solution offered by IFT, a technology enabled process allowing different stakeholders, such as employees or customers, to take part in organizations’ innovation process. According to IFT, the front end of innovation is consistently rated as being the most important driver for new product revenues.
“Mobilizing and focusing collective intelligence is at the heart of efficient innovation approaches. Since our founding in 2006, IFT has successfully implemented innovation management & new product development solutions for our multiple clients around the world. Each solution deploys our set of certified innovation best practices to increase clients’ innovation capabilities and results.” says Patrick Ternier, CEO and co-founder of IFT.
“After a detailed review of all idea management vendors, we selected the Qmarkets platform because of its robust capabilities and impressive flexibility. This has been proven during our first implementation projects, which were successfully completed in less than 4 weeks.
The integration of the Qmarkets platform to IFT’s New Product Development solution, along with our technical and practical experience, will be essential in helping our customers create a strong internal capability for systematic, successful innovation.
“We are very excited about this partnership,”, says Noam Danon, Qmarkets CEO & Founder. “I believe that our idea management platform, combined with IFT’s robust New Product Development solution and extensive best practices, will help organizations of all sizes and industries to transform their innovation management processes to reduce time-to-market and grow revenues, profits and market share.”
“This strategic partnership, helps us strengthen our presence in France, Americas & Far East, establishing Qmarkets’ global market leadership” adds Mr. Michael J Stilger, Global Solutions Director, Qmarkets.
About Innovation Framework Technologies (IFT)
IFT provides software and consulting to help organizations “achieve systematic innovation” for profitable growth. Our solutions combine process best-practices expertize with the best software technologies for Front End of Innovation (Idea Management, Scouting and Open Innovation), Project Portfolio Management, Stage-Gate Governance, Project and Resource Management, Product Lifecycle Management and Strategic Roadmapping.
With headquarters in New York and Paris, offices in Tokyo and Seoul and Partner office in Argentina, IFT operates throughout Americas, Europe, Asia and the Middle East.
For more information about IFT, please visit www.innovation-framework.com