What are our data sources?
We use the data sources on the side for ranking solutions and awarding badges in innovation software category. Our data sources in innovation software category include;
Innovation management software, also known as idea management software, provides a regular collaboration space for idea generation and new initiatives. Innovation management software has security features to protect corporate innovations or other types of intellectual property. Innovation management software provides:
AIMultiple is data driven. Evaluate 32 services based on
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calculated based on objective data.
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We use the data sources on the side for ranking solutions and awarding badges in innovation software category. Our data sources in innovation software category include;
review websites
social media websites
search engine data for branded queries
According to the weighted combination of 7 data sources
Aha!
ProductBoard
UserVoice
ProductPlan
airfocus
Taking into account the latest metrics outlined below, these are the current innovation software market leaders. Market leaders are not the overall leaders since market leadership doesn’t take into account growth rate.
Aha!
ProductBoard
UserVoice
ProductPlan
airfocus
These are the number of queries on search engines which include the brand name of the solution. Compared to other ERP categories, Innovation Software is more concentrated in terms of top 3 companies’ share of search queries. Top 3 companies receive 72%, 4% more than the average of search queries in this area.
40 employees work for a typical company in this solution category which is 19 more than the number of employees for a typical company in the average solution category.
In most cases, companies need at least 10 employees to serve other businesses with a proven tech product or service. 16 companies with >10 employees are offering innovation software. Top 3 products are developed by companies with a total of 901 employees. The largest company building innovation software is Patsnap with more than 500 employees.
Taking into account the latest metrics outlined below, these are the fastest growing solutions:
Aha!
ProductBoard
UserVoice
ProductPlan
PatSnap
We have analyzed reviews published in the last months. These were published in 4 review platforms as well as vendor websites where the vendor had provided a testimonial from a client whom we could connect to a real person.
These solutions have the best combination of high ratings from reviews and number of reviews when we take into account all their recent reviews.
This data is collected from customer reviews for all Innovation Software companies. The most positive word describing Innovation Software is “Easy to use” that is used in 10% of the reviews. The most negative one is “Difficult” with which is used in 5.00% of all the Innovation Software reviews.
According to customer reviews, most common company size for innovation software customers is 51-1,000 employees. Customers with 51-1,000 employees make up 38% of innovation software customers. For an average ERP solution, customers with 51-1,000 employees make up 19% of total customers.
These scores are the average scores collected from customer reviews for all Innovation Software. Innovation Software is most positively evaluated in terms of "Customer Service" but falls behind in "Ease of Use".
This category was searched on average for 1.1k times per month on search engines in 2022. This number has decreased to 880 in 2023. If we compare with other erp solutions, a typical solution was searched 1.3k times in 2022 and this decreased to 1k in 2023.