February 01, 2019
Score 10 out of 10
We use Oracle PLM Cloud for a variety of projects within our organization. With a rich, differentiated set of capabilities to create, develop and manage the end-to-end innovation processes from ideation through to product development and project execution, Oracle Innovation Management Cloud is a best-in-class solution.
- A disciplined, repeatable and scalable approach to innovation.
- A stronger ideation pipeline.
- Better alignment of product portfolio to corporate strategy.
- Consistent satisfaction of customer needs.
- Accelerated time to market/commercialization.
- Improved innovation decision with real-time analytics.
- Optimized resources/higher productivity.
- Minimized waste associated with inefficient innovation processes.
- Elimination of duplication and promotion of reuse.
- Increased new product success rates.
- Improved product launch performance.
- Reduced developmental costs.
- Increased shareholder wealth.
- ROI calculation.
- Product development cost automation.
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You don't need to start from an idea (initial level) e.g. If you have an idea and you want to jump from idea to proposal or another level of the BRD phase on Oracle Innovation Management Cloud.