The Forrester Wave™: Innovation Management Platforms, Q1 2020

Planbox receives the highest score in strategy AND current offering. Read the Press Release

forrester innovation

Planbox Receives the Highest Score in Strategy AND Current Offering

Forrester states that “Continuous innovation to stay ahead is a modern business imperative for customer-obsessed firms.” Forrester has evaluated the 13 most significant innovation management platform providers on 22 criteria related to current offerings, strategy and market presence. The report identifies that “Planbox leads in data insights, AI/ML, and idea delivery.”

Report authors James Staten and Brian Hopkins, two subject matter experts on innovation from Forrester, have researched, analyzed and scored the provider’s solution to help CIOs and innovation leaders select the solution and vendor that meet their innovation management platform AND services needs. According to Forrester:

“The company has also published a substantial amount of innovation best practice research and thought leadership content to guide client engagements with their platform and to drive out a broader portfolio of innovation efforts.”

“Planbox also provides some of the more advanced AI/ML capabilities we observed for idea creation and brings data-validation to idea selection, incubation, and commercialization. The company has dramatically expanded its platform’s value and delivery.”

The Innovation Market has Drastically Changed

The innovation management market has changed drastically and Forrester considered the following three criteria in its analysis of vendors’ current offering:

Support for Innovation Management Accounting
  • Targeting
  • Ideation
  • Incubation
  • Business Planning
  • Commercialization
Ecosystem Empowerment & Expansion
  • Startups
  • Academia & Government
  • Ecosystem & Community Empowerment

Emerging Technologies & Tracking

  • Identify & Track
  • Talent