An interesting take on evaluating of innovative ideas using a public opinion. The platform groups ordinary people, employees from various companies operating in different sectors, freelancers, investors and so on. Everyone has the option to present their idea and can vote on someone’s ideas. After the vote the software analyzes the market potential of every idea.
Digging deeper
- Cloud software to collect and analyze ideas with the biggest market potential
- Public testing as a form of research treatment – measuring the views of a specific population
- Forming of a majority opinion
- Testing exists in two forms – contributing with own ideas, evaluating existing ideas
- Prices for every competition
- Prices are announced in an invitation before the testing takes place
- The application efficiently combines thinking of people from various parts of the organization and the society
- Motivation for employees to engage in the innovation process
Technologies
Use Cases
Inventing ideas
Allows users to invent new ideas to innovate products, services, processes, user experiences or new opportunities for organization development
Cooperation and idea development
Everyone has the option to cooperate with other users using their own knowledge and experience
Virtual Market
All ideas are moved to the virtual market where every participant is given a virtual currency to spend on the most successful ideas
Results
Virtual market can predict the most successful ideas worth pursuing for companies
