InnoCentive

InnoCentive

(11)
4.3 out of 5 stars

InnoCentive helps clients to engage a world of creative and diverse on-demand talent to rapidly generate novel ideas and solve important problems.

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InnoCentive Reviews

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Showing 11 InnoCentive reviews
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InnoCentive review by Mike C.
Mike C.
Validated Reviewer
Verified Current User
Review Source

"Great idea, but falls short on follow-through"

What do you like best?

Best part is coming up with out of the box solutions, for small companies it is getting the benefit of crowdsourcing without having to set it up yourself.

What do you dislike?

No vetting of people working on your questions. Real expert unwilling to work on the come - get a lot of college kids who think they know it all. From other side, no pay unless you come up with solution, pay is not always related to work involved - lots want the work for free.

Recommendations to others considering the product

For the price per user, can get expensive real quickly. Just have one point person - that way you just pay for one users

What business problems are you solving with the product? What benefits have you realized?

Getting different perspectives on problems - finding other people's pain points. Cut down on flawed market launches - people pointed out stuff my team missed.

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InnoCentive review by Kiko S.
Kiko S.
Validated Reviewer
Review Source

"InnoCentive made open innovation easy for us"

What do you like best?

It's an experienced team, easy platform and process. For organizations that don't have a big innovation team, InnoCentive becomes an easy way to explore Open Innovation in a comfortable and well tested environment. We made a lot of progress in very little time, and were repeat customers every year after we signed up.

What do you dislike?

I can't think of anything that I disliked about the InnoCentive experience.

Recommendations to others considering the product

Talk to them about all the ways they have been involved in Open Innovation. Without revealing any confidential details about any client, you will realize how organizations in other sectors have applied this approach.

What business problems are you solving with the product? What benefits have you realized?

One of the most important benefits was to involve a community of individual solvers in a world where institutions work with other organizations (consultants, for example), and how individuals not affiliated with organizations in a given field can provide a totally different perspective.

What Idea Management solution do you use?

Thanks for letting us know!
InnoCentive review by Brock K.
Brock K.
Validated Reviewer
Verified Current User
Review Source

"Really great way to find solutions to unique challenges!"

What do you like best?

Whether you have a challenge or are looking to use your skills and creativity, Innocentive offers a unique and effective crowdsourcing platform.

What do you dislike?

The challenges posted can be limited. It seems that it doesn't yet draw a huge user base from either side of the equation.

Recommendations to others considering the product

Explore the current challenges posted on InnoCentive to get an understanding how it is used.

What business problems are you solving with the product? What benefits have you realized?

It offers an effective way of paying for solutions if and when solutions are presented, which gives a great financial incentive to the person or people who contribute, while also cutting down on wasted expenses for the inquirer.

InnoCentive review by Stephen C.
Stephen C.
Validated Reviewer
Review Source

"Enzymes and Yeast extracts innovation"

What do you like best?

The definition process on the challenge selections and the thinking that needs to go into this to maximise chances of positive and valuable outcomes.

What do you dislike?

The risk associated with the challenge in a highly specialised and technology area to find experts who can meaningfully contribute to this.

What business problems are you solving with the product? What benefits have you realized?

The benefits of both were hard to quantify as the solutions to the challenge provided part of the needs in an important overall innovation projects. As a so-called cog in the wheel they were materially important.

InnoCentive review by <span ue="safe-name" data-safe-name-id="860b17fe-4c32-4344-aeed-9dd0e68c2159">Suneel T.</span>
Suneel T.
Validated Reviewer
Verified Current User
Review Source
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"They have an eye for details"

What do you like best?

Principal contact and his queries at the time of solution review and challenge drafting.

What do you dislike?

Too much time is spent and can be improved

What business problems are you solving with the product? What benefits have you realized?

Coating problems. Chemical challenges etc? Process optimisation is the outcome

InnoCentive review by User
User
Validated Reviewer
Review Source

"InnoCentive "

What do you like best?

It is very good if you have problems that you can't solve, the usually respond within 24 hours.

What do you dislike?

Innocentive could add information about the duration of time it takes between having your project proposal accepted and actually receiving payment as well as what documentation is needed to be signed, notarized and sent back to them after your project is accepted.

Recommendations to others considering the product

Fast at responding, but they need to be more detailed

What business problems are you solving with the product? What benefits have you realized?

New ideas for our company. So far the ideas have helped us expand our company to a more diverse clientele.

InnoCentive review by Daniela F.
Daniela F.
Validated Reviewer
Review Source

"Very good"

What do you like best?

I would like to have some suggestion by Innocentive to improve our Open Innovation ecosystem, eventually add other service provided by Innocentive

What do you dislike?

What doesn't work in the challenge driven methodology

What business problems are you solving with the product? What benefits have you realized?

We are solving technical challenge , having valuable technical solution in short time

InnoCentive review by Romi M.
Romi M.
Validated Reviewer
Review Source

"Very smart idea for leveraging crowd/dispersend knowledge"

What do you like best?

The concept is super intuitive and easily deployed.

What do you dislike?

the solutions at times take a while to arrive at.

What business problems are you solving with the product? What benefits have you realized?

The main business problem is the solving of complex problems that require diverse expertise, specifically mathematical modeling

InnoCentive review by Administrator in Non-Profit Organization Management
Administrator in Non-Profit Organization Management
Validated Reviewer
Verified Current User
Review Source

"SUDEP Biomarker challenge"

What do you like best?

I am satisfied with the broad reach and scope

What do you dislike?

I have been overall satisfied with experience!

What business problems are you solving with the product? What benefits have you realized?

Lack of knowledge in biomarker space for epilepsy.

InnoCentive review by Executive Sponsor
Executive Sponsor
Validated Reviewer
Review Source

"Marketing Analytics"

What do you like best?

The idea of open innovation is very helpful to save the internal cost

What do you dislike?

I feel need for better communication with solvers

What business problems are you solving with the product? What benefits have you realized?

business idea

InnoCentive review by Administrator in Human Resources
Administrator in Human Resources
Validated Reviewer
Review Source

"It was okay!"

What do you like best?

Great program concept,webinar capable...

What do you dislike?

A little difficult to navigate pages. ..

What business problems are you solving with the product? What benefits have you realized?

Integrating employees

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