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Idea Management Software
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Confluence
Confluence
FrontRunners 2022
Confluence is a project management solution that enables organizations to create, collaborate, organize and review project documents. The system offers both cloud-based and on-premise deployment. Confluence’s editor feature a...Read more about Confluence
Miro
Miro
FrontRunners 2022
Miro is a cloud-based collaboration tool for small to midsize businesses. The solution features a digital whiteboard that can be used for research, ideation, building customer journeys and user story maps, wireframing and a range ...Read more about Miro
monday.com
monday.com
FrontRunners 2022
monday.com is an award-winning work and project management platform that helps teams of all sizes plan, prioritize, manage, and execute their work more effectively. The platform offers solutions for a wide range of use-cases such...Read more about monday.com
ClickUp
ClickUp
ClickUp is a cloud-based collaboration and project management tool suitable for businesses of all sizes and industries. Features include communication and collaboration tools, task assignments and statuses, alerts and a task toolb...Read more about ClickUp
Wellspring Innovation Management
Wellspring Innovation Management
Wellspring Innovation Management is a cloud-based solution designed to help small to large businesses track internal innovation projects, discover disruptive startups and search emerging technologies for the market. Features inclu...Read more about Wellspring Innovation Management
Asana
Asana
FrontRunners 2022
Asana helps teams orchestrate their work at scale—from daily tasks to strategic initiatives. With Asana, teams are more confident, move faster, and accomplish more with less—no matter where they are located or how many different d...Read more about Asana
Ideanote
Ideanote
FrontRunners 2022
Ideanote is the world's #1 Innovation-Led Growth Platform for businesses of all sizes. Combining feature rich enterprise idea management with a hint of playful simplicity. Ideanote is a new, more efficient and effective way of bri...Read more about Ideanote
Canny
Canny
FrontRunners 2022
Canny is a feedback management platform designed to help businesses collect and analyze insights from customers and account holders, plan roadmaps and announce product updates. Administrators can automatically link feedback to exi...Read more about Canny
Cacoo
Cacoo
FrontRunners 2022
Cacoo is an idea management software that helps businesses create wireframes and share work schedules with staff members. The platform enables managers to create layouts, mind maps, organizational charts, unified modeling language...Read more about Cacoo
MindMeister
MindMeister
FrontRunners 2022
MindMeister is a cloud-based solution that helps businesses manage innovation pipelines through brainstorming, collaboration, visualization and more. Key features include idea ranking, status tracking, activity dashboard and chat....Read more about MindMeister
LiquidText
LiquidText
LiquidText is a note-taking solution that helps businesses collate ideas, create note relationships, handle search processes, and more from within a unified platform. It allows staff members share notes with other team members and...Read more about LiquidText
Wisembly
Wisembly
Wisembly is a cloud-based event management solution that enables businesses of all sizes plan, organize and manage workshops, conferences, seminars and more. The platform lets organizations design polls and surveys using images, w...Read more about Wisembly
Planbox Innovate
Planbox Innovate
Planbox Innovate is an idea management tool designed for teams across all industries. Key features include a configurable setup centered around a four-level structure: initiatives, projects, items and tasks. Users can create ...Read more about Planbox Innovate
Mind Vector
Mind Vector
Mind Vector is a cloud-based mind mapping and idea management solution for businesses of all sizes. It offers idea mapping, idea ranking, brainstorming, activity dashboards and collaboration functionalities within a suite. Android...Read more about Mind Vector
Co:tunity
Co:tunity
Co:tunity is a cloud-based idea management solution designed for small and midsize companies that offers idea submission, collaboration, review and analytics functionalities within a suite. Android and iPhone apps are available. ...Read more about Co:tunity
IdeaSpies Private
IdeaSpies Private
IdeaSpies Enterprise is a cloud-based idea management solution suitable for small and midsize businesses across different industries such as agriculture, AI, dining, healthcare and more. This solution helps businesses’ employees t...Read more about IdeaSpies Private
Sideways 6
Sideways 6
Sideways 6 is an idea management platform for companies that use Microsoft Teams, Microsoft Yammer or Workplace from Facebook. Sideways 6’s solution is based on an integrated approach to idea management: Employees share ideas...Read more about Sideways 6
Accept Mission
Accept Mission
Accept Mission is a cloud-based solution that helps businesses manage the entire life cycle of innovation projects on a unified platform. Key features include brainstorming, activity dashboard, idea ranking and status tracking. ...Read more about Accept Mission
Insights.US
Insights.US
Insights.US is a cloud-based idea management solution that enables users to present questions to community members and groups of employees, analyze responses and generate reports. Key features include custom branding, personal upd...Read more about Insights.US
CrowdWorx Innovation Engine
CrowdWorx Innovation Engine
CrowdWorx is an idea management solution that caters to small and midsize businesses and provides tools for crowdsourced idea evaluation. It can be deployed on-premise or hosted in the cloud. CrowdWorx allows users to build a...Read more about CrowdWorx Innovation Engine
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Buyers Guide
Last Updated: August 24, 2022“There's no good idea that can't be improved on.” Michael Eisner, CEO of Walt Disney Corporation 1984-2005.
Ideas come and ideas go. Some live, some die—and some need to be chased down. The trick to profiting from the good ideas is, as Eisner implied, to continually improve them. But given their intangible nature, identifying and improving upon good ideas is much easier said than done.
Idea management software—also called ideation management software—is a new collection of tools designed to help companies do just that: identify and develop the best ideas they come across, whether from customers, employees or members of the public. This Buyer’s Guide will help you understand how idea management software works and how it can help your business. It covers:
What Is Idea Management Software?
Common Features of Idea Management Software
Software Market Trends You Should Understand
Example Idea Management Workflow
What Is Idea Management Software?
Idea management software is designed to help collect, develop and collaborate on ideas that are relevant to your business. The software helps companies categorize ideas and even open up idea submission and development to customers and other interested third parties.
It’s not always immediately obvious if a new idea is actually worth pursuing. But, few new ideas seem worthy until they’re developed at least a little. Not wanting to waste time on fruitless ideas, most companies are forced to ignore all but the most obviously great ideas. This leads to missed opportunities or, worse yet, competitors developing the same idea at a later date.
The main goal of idea management software is to prevent good ideas from going to waste. It does this by systemizing the process of idea management, so that new ideas can be vetted with less effort. This helps the company consider more of them and miss fewer opportunities.
Common Features of Idea Management Software
Idea management software has elements in common with other genres of software, like mind mapping software, knowledge management software, even project planning and project management software.
But despite some general similarities, idea management software is purpose-built for the workflows, processes and permission controls needed for idea submission, collaborative development and selection. It is available in many forms and different packages that will contain some or all of the following applications:
| Idea campaigns | Organize ideas by grouping them into specific campaigns and challenges. Campaigns can be open to the public, employees or select groups. |
| Idea funnels | Set up discrete stages for ideas to pass through as they progress from initial idea to final approval, helping systemize, monitor and benchmark the entire process. |
| Mind mapping | Visualize how the various elements of an idea (or several ideas) relate to one another. These are graphical tools, usually with drag-and-drop UIs. |
| Collaboration tools | Many idea management platforms come with tools that help teams work together, like document and file sharing, collective to-do lists and automated notifications. |
| Custom branding | Some idea management platforms allow for custom visual branding, so the interface can match your website and the look and feel of your brand. |
| Gamification | Make idea sharing and development part of a contest, competition or on-going game. Gamification can encourage people to help in the ideation process. |
| Customizable workflows | Rearrange and configure the various stages of the idea management process and control which users get to participate in which stages. |
Software Market Trends You Should Understand
Cloud-based software, or Software-as-a-Service (SaaS), is an SMB’s best friend. Compared to on-premise installations, cloud software can usually be expected to be more:
- Affordable: It typically uses a pay-as-you-go pricing model—meaning no large investment is needed to get started. Services are also easier to cancel.
- Accessible: Cloud-deployed software can be accessed from any computer with an internet connection.
- Integratable: It’s also often easier to integrate applications. Since the apps are deployed from the vendor’s servers, you won’t need to set up or maintain your own.
For these reasons, most idea management systems suitable for SMB use are cloud-based. It’s the best option for a majority of SMBs, excluding only those with very specific IT integration requirements.
Example Idea Management Workflow
Idea management software typically allows for a lot of workflow flexibility. This is helpful, even necessary, given the fact that companies have very different approaches to and requirements for idea management. That said, the idea of idea management might be entirely new to you, so below is an example of the types of stages that could be used.
- Collection. The company puts up a public-facing website with a description of the problem it’s trying to solve. The company invites its customers, employees and members of the public to submit ideas directly on the website.
- Vetting. The company’s management looks over the submitted ideas, eliminating any that are impractical or don’t sufficiently address the problem. They create a shortlist of five of the best ideas. All five ideas could work, but management is unsure which would work best.
- Voting. The company creates a new page online to present the five best ideas, each with a short explanation. Employees and customers are asked to vote for their favorite idea and add any additional comments.
- Selection. Management reviews the comments and tallies the votes, selecting two finalist ideas. Potential problems and downsides are listed for each idea. Company employees are invited to comment on the ideas, adding any potential problems and solutions of their own.
- Refinement. The company uses its idea management software to internally collaborate on, improve and implement the remaining ideas.
