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Innovation Platform

Innovation Platform

Overview

What is Innovation Platform?

The Innovation Platform by WhatAVenture is a software solution designed to leverage corporate power and create new ventures and revenue streams for large and medium-sized companies. According to the vendor, this platform caters to a wide range of professions and industries, including Corporate Innovation...

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Pricing

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Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Alternatives Pricing

What is IdeaScale?

IdeaScale offers idea and innovation management software. There are four editions: Free, SMB, Challenge and Enterprise.

What is Innovation Cloud?

Innovation Cloud is a free web-based tool for idea management. It enables users to submit, codevelop and execute ideas.

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Product Details

What is Innovation Platform?

The Innovation Platform by WhatAVenture is a software solution designed to leverage corporate power and create new ventures and revenue streams for large and medium-sized companies. According to the vendor, this platform caters to a wide range of professions and industries, including Corporate Innovation Managers, Intrapreneurship Program Managers, Venture Capitalists, Business Development Managers, Strategy Managers, Startups, and Entrepreneurs. It is particularly aimed at industries such as Technology, Manufacturing, Retail, Energy, and Financial Services.

Key Features

Discover New Opportunities: According to the vendor, the platform allows users to explore the current business landscape and engage with employees and startups to identify new business opportunities and potential revenue streams.

Validate Business Ideas: The platform offers lean validation methods such as low-fidelity prototypes and customer interviews, which, according to the vendor, can help users review ideas from multiple perspectives and gather real market feedback to assess the worthiness of each business idea.

Launch MVPs: The platform enables users to deliver their value proposition to the first paying customers and iterate and improve the product based on customer feedback. According to the vendor, it also provides tools to develop a scalable marketing and sales engine for successful product launches.

Optimize for Growth: According to the vendor, the platform helps users develop a scalable marketing and sales foundation, automate and optimize the sales funnel, and optimize various areas of the business to support fast-paced growth.

Business Idea Journey Framework: The platform offers a comprehensive Business Idea Journey framework, which, according to the vendor, guides users through the venture building process, facilitates informed decision-making, and ensures a structured and systematic approach to building successful ventures.

Gain Insights and Knowledge: Users can access a range of guides, templates, and articles on venture building, according to the vendor, to gain knowledge and stay up-to-date with the latest venture building insights and best practices.

Collaborate with Startups: According to the vendor, the platform enables users to partner with startups to find innovative solutions to current challenges, work on joint pilot projects, and tap into the startup ecosystem to leverage their expertise.

Foster Innovation Culture: The platform allows users to establish an intrapreneurship program and create an environment that supports intrapreneurs in building ventures. According to the vendor, it aims to foster a culture of entrepreneurship and innovation within the organization.

Suitable Structures and Processes: According to the vendor, the platform provides guidance and support in key decision-making, helps users hire specialized know-how as the venture grows, and ensures the venture has the right operational setup for sustainable success.

Expert Venture Builders: Users can benefit from the expertise of experienced innovators and work with a team that has successfully built ventures in-house. According to the vendor, the platform facilitates collaboration with passionate and dedicated professionals in venture building.

Innovation Platform Features

  • Supported: Collaboration Tools
  • Supported: Activity/News Feed
  • Supported: Approval Workflow
  • Supported: Ideation
  • Supported: Mind Maps
  • Supported: Status Tracking
  • Supported: Workflow Management
  • Supported: Engagement Tracking
  • Supported: Evaluation Management
  • Supported: Gamification
  • Supported: Idea Ranking

Innovation Platform Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsWeb-Based
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