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The Card and Payments Market is a dynamic sector undergoing a profound transformation, largely driven by digitalization and evolving consumer preferences. The rapid shift from traditional cash and

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SPARK Matrix™:  Innovation Management, 2023

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Innovation management solutions streamlines the processes that organizations use to identify, develop, and implement new ideas and technologies. Innovation management solution enables organization to capture and track ideas from a wide range of sources, including employees, customers, and other stakeholder which provides a leverage to organization to build diverse and robust pools of ideas to consider. Innovation management solutions helps organizations to increase efficiency, make better decisions, and enhance customer satisfaction by streamlining the process of capturing, evaluating, and implementing ideas.

Quadrant Knowledge Solutions’ Innovation Management solution market research includes a detailed global market analysis, competitive landscape, functional capabilities, and market trends. It aims to provide strategic information for technology vendors to enhance their understanding of the market and support their growth strategies by evaluating different vendors’ capabilities, competitive differentiation, and market position.

The research includes detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. The SPARK Matrix includes the ranking and positioning of the leading innovation management vendors with a global impact, including Agorize, Brightidea, edison 365, HYPE Innovation, Idea Drop, Ideanote, IdeaScale, InnovationCast, ITONICS, NOSCO, Planbox, Planview, Qmarkets, Questel, Sopheon, Wazoku, and Wellspring Worldwide.

According to Amandeep Singh, Analyst at Quadrant Knowledge Solutions, “Innovation Management solutions help organizations develop new ideas and grow their business in multiple ways and foster a culture of continuous innovation as new technologies generate better ways to innovate in the competitive landscape. Innovation management solution helps organizations to innovate consistently and experiment cost-effectively along with managing the entire innovation pipeline and portfolio. Additionally, gathering ideas and feedback from customers and implementing them, organizations can better meet the needs and preferences of their customers, leading to increased customer satisfaction and loyalty”.

2023 Innovation management SPARK Matrix

Source: Quadrant Knowledge Solutions

Table of Contents

Executive Overview

Market Dynamics and Overview

  • Market Definition
  • Market Overview
  • Key Innovation Management capabilities

Competition Landscape and Analysis 

  • Competitive Overview and Analysis
  • Factors and Technology Differentiators

SPARK Matrix™: Innovation Management, Q1, 2023

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Our custom research service is designed to meet the client’s specific requirements by providing a customized in-depth analysis of the technology market to meet your strategic needs. Further, our custom research and consulting services deliverable is uniquely effective, powerful, innovative, and realistic for helping companies successfully address business challenges. Our team of experienced consultants can help you in achieving short-term and long-term business goals in the following ways:

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