Planbox’s AI-powered platform will help Electrolux Professional capture insights, manage concept development, and fuel innovation to gain a competitive edge
Portsmouth, United Kingdom — Planbox, a pioneer in Agile Innovation Management solutions, has been selected by Electrolux Professional, a leading global provider of food service, beverage and laundry solutions, to centralize co-creation activities by building an inclusive innovation system that fosters creativity, trust, and lifelong learning.
With Planbox, Electrolux Professional will bring together diverse mindsets and expertise from various business units to inspire engaging conversations, discover unique insights, and develop new concepts. The multinational appliance company intends to develop authentic connections between employees who will share and improve on ideas, and collaborate on a range of transformational innovations in a transparent, continuous and sustainable manner.
“We have an exceptional and passionate culture that is rich with creativity, but we need a system that helps us bring new ideas to life and reduce our time-to-market. Planbox is going to help amplify creative thinking throughout the company, while also providing the necessary tools to manage our entire innovation pipeline, as we look to leverage its AI-powered platform to drive cross-functional collaboration on a broad portfolio of innovation initiatives that align with our corporate strategy,” said Michele Cadamuro, Director of Design & Innovation at Electrolux Professional.
Identified as the top-ranked leader in data insights, AI/ML delivery, and idea delivery in The Forrester Wave: Innovation Management Platforms, Q1 2020, Planbox was selected by Electrolux for its advanced capabilities across the five fundamental innovation practices defined by Forrester Research, from data-validation to idea selection, incubation, business planning and commercialization.
“Electrolux will have the unprecedented ability to capitalize on previously untapped opportunities by leveraging the collective wisdom of its global workforce, helping to strengthen its competitive positioning while also advancing its commitment to sustainable development for the benefit of its customers and society at large,” said Nathan Jacob, EMEA General Manager at Planbox.
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About Planbox
Planbox is the pioneering agile innovation management platform software provider for full lifecycle Innovation Portfolio Management, Emerging Tech Empowerment and Ecosystem Enablement. Planbox is also recognized by Forrester as the top-ranking innovation management platform in the marketplace, having received the highest score in strategy and current offering in The Forrester Wave: Innovation Management Platforms, Q1 2020.
As the most robust and scalable platform on the market, we empower our clients to discover, collaborate and capitalize on the best strategically aligned concepts with their ecosystem of employees, customers, suppliers, partners, startups, academia, government and the general public to pursue breakthrough innovations, create a sustainable continuous improvement program, build a framework for corporate venturing and action on consumer insights.
With over 20 years of domain expertise, 400 enterprise deployments, 5M participants and $10B of realized ROI for customers, Planbox’s AI-powered cloud-based agile innovation solutions accelerate business outcomes for some of the world’s most recognized brands, including Whirlpool, Dow, Novartis, ExxonMobil, Cargill, Bobcat, Honeywell and Sun Life.
In 2020, Planbox acquired IdeaConnection, the best-in-class open innovation platform and expert solver network. IdeaConnection by Planbox provides access to millions of diverse and brilliant minds and a global network of 20,000+ multidisciplinary experts and world-class facilitators in more than 180 countries, with an 80% solve rate for open innovation services such as public and confidential challenges, crowdsourced tech scouting and prior art search.
About Electrolux Professional
Electrolux Professional is one of the leading global providers of food service, beverage and laundry solutions, serving a wide range of customers globally, from restaurants and hotels to healthcare, educational and other service facilities. We are the OnE trusted partner making our customers’ work-life easier, more profitable – and truly sustainable every day. With our headquarter in Stockholm, Sweden, we sell appliances in approximately 110 countries.