Spigit: Increasing Innovation with Enterprise Innovation Platform

CIO Vendor Due to the increasing impact of the Internet, social interactions, and the growing acceptance of social software, organizations are reacting to new models and technologies by actively soliciting feedback as a way to meet and manage the changing expectations of employees, customers, partners, and suppliers.

Often many ideas escape the organization because there is not a forum for collection, vetting discussing, implementing the best ideas. Often organizations struggle with finding revenue drivers, engage their employees, get the best ideas on products, customer satisfaction, etc. because while Innovation may be important, there isn't a structured way to capture and mine Innovation.

Enterprise Innovation Management Software addresses these challenges. It takes the collective brainpower of the people and gives it a voice. It lends life and longevity to creativity and Turns the spark of possibility into a flourishing, sustainable reality.

In an organization, ideas (inspiration) can occur anywhere and anytime and everyone wants to be heard.

What many companies still do not understand is that simply deploying a social network within an organization is not going to make employees automatically more engaged, it just means they will be better connected.

Creating a New Paradigm for Business Collaboration

Pleasanton based Spigit, is the global leader in Enterprise Innovation Management and is helping organizations unleash the creativity of employees, customers and partners to find transformative ideas that drive growth.
Leveraging crowdsourcing, game mechanics and big data analytics, Spigit's platform is helping the world's leading brands invent disruptive products, generate new revenue streams, build an innovation culture, reduce costs and significantly improve employee and customer engagement.

It has gone on to create a new paradigm for business collaboration, with tools that empower employees to make innovation a predictable business process.Founded in 2007, in the last three years, Spigit has grown bookings 133 percent year-over-year, revenue 3,780 percent and raised $41.2 million in funding. Since the launch of its products ICON and Spigit Engage, the Company has seen explosive adoption to over a 1000 customers, including many of the world's leading brands. Millions of employees use Spigit's cloud-based software daily to invent disruptive products, generate new revenue streams, reduce costs and significantly improve employee and customer engagement.

Spigit is also the innovation engine that drives growth for leading brands such as Overstock.com, Citi, Allstate, Estee Lauder, AAA, Farmers Insurance and Capgemini. The company combines crowdsourcing, game mechanics and big data analytics to help companies tap the collective intelligence of their employees, customers and partners. Spigit also offers built-in integrations with Sharepoint, Yammer, Jive and Facebook.

Challenges Close at Hand

At Spigit they have a saying, "Your people know." Executives within an organization should be leveraging the right technology that allow s employees to engage and collaborate to drive revenue and guarantee their firms survival.

Spigit is experiencing record quarter over quarter growth, helping companies drive engagement and increasing innovation with our Enterprise Innovation platform. "We are constantly adding top-tier clients to our customer roster, earning recognition for our products and are excited about the industry we are helping to create. In addition we are on a path to break-even by late this year," says Paul Pluschkell, Founder and CEO, Spigit.

Company
Spigit

Description
Due to the increasing impact of the Internet, social interactions, and the growing acceptance of social software, organizations are reacting to new models and technologies by actively soliciting feedback as a way to meet and manage the changing expectations of employees, customers, partners, and suppliers.