What is Enterprise Open Innovation?

While historically corporate innovation efforts have been siloed within research labs and boardrooms, an open innovation strategy allows you to incorporate all potential resources, including experts, academia, startups, trends, customers, partners, and more.

Key Challenges of
Open Innovation

Researching and managing the resources and data required to assess the available opportunities

Engaging internal and external stakeholders to collaborate on key challenges and opportunities

Overcoming disruption that results from being out of touch with global market trends

Warding off the potential stagnation of your company’s products and services

What The Experts Say...

"The case for open innovation is clear: In today's rapidly moving world, companies can ill afford to retain outmoded closed models of innovation management."

"By reaching beyond corporate borders, a company can import lower-cost, higher-quality ideas from a wide array of world-class experts to improve the speed, quality and cost of innovation."

"Open innovation is a successful, collaborative approach to innovation that can boost organizational performance in every phase of its innovation process."

"Open innovation will play a key role in the developed economies over the next decade. There will be new technological trends that will fuel innovation."

Unlock Unlimited Potential with Open Innovation

Discovering innovation from external stakeholders is crucial for informing successful innovation efforts. By developing an open innovation ecosystem, you can manage the process of leveraging all the potential resources at your fingertips. A holistic open innovation platform can be used for a wide variety of innovation activities, including innovation scouting, co-creation, trend management, hackathons, and more. In addition, leveraging an open innovation platform is a great way to let your customers know that their input is valued – which can, in turn, promote greater brand loyalty. 

what is open innovation - Tech Scouting

Innovation Scouting Programs

Identify valuable technologies and startups which can be acquired or licensed in order to bring the latest cutting edge innovations directly to your customers without the need for an extended R&D process.

Innovation Trend Management

Discover the latest industry trends and fuel future innovation opportunities that can deliver unprecedented results for your company.

importance of citizen engagement - program
What is open innovation - hub image

Launch Open Innovation Challenges

Utilize the knowledge of external expert communities, or academic professionals to overcome your strategic challenges.

Leading Global Enterprises Innovate with Qmarkets!

Qmarkets' Innovation Management Ecosystem

Meet Qmarkets’ vision of the corporate innovation ecosystem. This diagram aims to encapsulate the full spectrum of strategic innovation activity; from the many potential sources of inspiration and insight, through the varied systems and processes of idea development, to the bottom-line outcomes and deliverables that are ultimately generated.

Front End Discovery
Innovate & Craft
Research, track, and manage relevant trends to create a collaborative knowledgebase that can help fuel innovation across your company.
Trace, evaluate and manage your technology scouting activities, to optimize your ability to bring more successful partnerships and new technology adoption into your company.
The leading idea management solution for capturing the collective intelligence of any audience to generate ground-breaking results.
Maximize the results of continuous improvement and performance excellence initiatives by leveraging the collective intelligence of your employees.
Easily manage the progress & impact of all you innovation projects using one central, intuitive & collaborative space.

Resounding Accolades

Discover why Qmarkets is consistently recognized by leading analysts as a multi-award winning solution.

Read G2's 2020 Spring Grid Report for Idea Management Software

Read Gartner’s 2016 Market Guide for Innovation Management Solutions

Read MWD Advisors' report on Qmarkets’ packaged approach to innovation, 2018


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