(925) 297-2600
[email protected]
http://www.spigit.com
Purpose-Built Social Platform to Drive Profitable Innovation “One idea from that innovation event will save the company $8 million. ‘IT and senior VPs ask how we measure ROI for Spigit,’ the director says. With numbers like that, the answer is easy.” Fortune 50 Spigit client, cited in InformationWeek
Boston Consulting Group calculated that leading innovators generate 430 basis points more in shareholder return than do average companies. While the strategic value of innovation excellence is clear, companies’ approach to it is not. Ad hoc, isolated efforts cause good ideas to fall through the cracks, people with relevant knowledge to miss others’ ideas and difficulty in maintaining a healthy innovation pace. What’s needed is a common digital suggestion box that taps emergent contributions internally and externally.
The Spigit platform integrates the best-in-class collaboration tools of social software with enterprise workflow and quantifiable metrics to deliver the innovation platform companies need.
Spigit provides the most advanced platform available for companies to create, engage and grow innovation communities. Employees, customers and partners want a voice in companies’ innovation, and they are significant sources of ideas and perspective. The Spigit platform provides a dynamic, real-time environment for community interactions around ideas, surfacing the best ones through a powerful analytics engine.
0010101 0001010101000 1010 1000010 0101 00100 0110 1010 010 011 1 0001001 10 01 10 01 01 0 01 001101010 01 10 110 0101 0 010 0101011 10110 001 01 0100 100101 110010 10100 0 0101 1001 001001101 01010010101KNOWLEDGE 0110 PREDICTION ANALYSIS GROWTH INNOVATON INSIGHT 1 10 0101 01010 1100101010001 0101010 0010101000010 MANAGEMENT IDEAS REWARDS TRENDS ASSET MANAGEMENT ANALYT100 110 100100101010 010 011 1 0001001 10 01 01ICS 0 01 FORECAST EXPERTISE CUSTOMIZATION EVALUATION INCENTIVES 0 0101 1010 101 10 110 0101 0 010 0101011 10110 001 01 FEEDBACK PARTICIPATION CONTRIBUTION LEVERAGE RELEVANCE 0 100101 011 01010 0010 10100 0 0101 1001 001001101 COLLABORATION SOLUTIONS KNOWLEDGE PREDICTION ANALYSIS 101 0110 1001 011 10 101 01010 10 0101001 100101GROWTH 0100 INNOVATON INSIGHT MANAGEMENT IDEAS REWARDS TRENDS 0010101 000010 10 0100 0110 10010 0101010 010 ASSET 011 1 MANAGEMENT ANALYTICS FORECAST EXPERTISE CUSTOMIZATION 01 10 01 01 0 01 0011010 10 0101 1010 101 10 110 0101 0 EVALUATION INCENTIVES FEEDBACK PARTICIPATION CONTRIBUTION 1 10110 01 0100 100101 011 01010 110010 10100 0 0101 LEVERAGE RELEVANCE COLLABORATION SOLUTIONS KNOWLEDGE 101 01010010101 0 110 1001 011 10 0101 01010 10 01010 PREDICTION ANALYSIS GROWTH INNOVATON INSIGHT MANAGEMENT 10010101 000 101010 0 10 10100001 000 1 0001010 IDEAS REWARDS TRENDS ASSET MANAGEMENT ANALYTICS FORECAST 1001000110 100100101010 010 011 1 0001001 10 01 10 EXPERTISE CUSTOMIZATION IDEAS REWARDS EVALUATION INCENTIVES 1101010 0101 1010 101 10 110 0101 0 010 0101011 10110 PARTICIPATION CONTRIBUTION LEVERAGE KNOWLEDGE 1 01 01001010001 010101 0001010100001010100100FEEDBACK 110 ANALYSIS GROWTH INNOVATON INSIGHT MANAGEMENT 010 010 011 1 0001001 10 01 10 01 01 0 01 101010PREDICTION 0101 10 110 0101 0 010 0101011 10110 01 01 0100 100101IDEAS 011 REWARDS TRENDS ASSET MANAGEMENT ANALYTICS FORECAST CUSTOMIZATION EVALUATION INCENTIVES FEEDBACK 10 10100 0 0101 1001 01001101 01010010101 0110EXPERTISE 1001 PARTICIPATION CONTRIBUTION LEVERAGE RELEVANCE COLLABORATION 0101 01010 10 0101001 100101 0100 010101 0100010101 SOLUTIONS KNOWLEDGE PREDICTION ANALYSIS GROWTH INNOVATON 0100 10 10010 0101010 010 011 1 0001001 10 01 10 01 INSIGHT MANAGEMENT IDEAS REWARDS TRENDS ASSET MANAGEMENT 101 010 0101 1010 101 100101010010 010100101 010 110 Incentives Game ANALYTICS FORECAST EXPERTISE CUSTOMIZATION EVALUATION INCEN101010001010100001010100100 and 110 100100101010 010 Rewards Theory 1 10 01 10 01 01 0 01 101010 0101 1010 101 10 110TIVES 0101 FEEDBACK PARTICIPATION CONTRIBUTION LEVERAGE RELEVANCE 1 10110 01 0100 100101 011 01010 110010 10100 0COLLABORATION 0101 SOLUTIONS KNOWLEDGE PREDICTION ANALYSIS 1 01010010101 0110 1001 011 10 0101 01010 10 0101001 GROWTH INNOVATON INSIGHT MANAGEMENT IDEAS REWARDS TRENDS 010101 00010101 010 0101011 10 011010010 010100101 ASSET MANAGEMENT ANALYTICS FORECAST EXPERTISE CUSTOMIZATION EVALUATION INCENTIVES FEEDBACK PARTICIPATION CONTRIBUTION
DATA
Automated Idea Graduation
Dashboard and Trend Analysis
Trading and Prediction Markets
INTELLIGENCE
Roles Influences Permissions
Currency and Asset Mgmt
Idea Ranking Reputation Weighted Analysis
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Idea stages with configurable graduation criteria
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Collaboration tools: votes, tags, forums, reviews, wikis, blogs
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User reputation scores that weight feedback
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Idea trading markets
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Role-based workflow
Spigit has four service options: InnovationSpigit: The most comprehensive platform for employee-driven innovation. Companies use InnovationSpigit as their internal innovation pipeline, leveraging employee contributions, enterprise integration and measurable results. IdeaSpigit: The perfect platform for integrating customers and partners in the innovation process. Ideas are measured by community buzz, and engagement features include contests, polls, and surveys. PredictionSpigit: Rapidly capture the different knowledge and perspectives of communities to forecast the outcome of events. PredictionSpigit gives up-to-date, real-time information for sales forecasts, product launch dates, market shifts, and other events. WidgetSpigit: Spigit’s innovation management functionality can be embedded with other sites and applications, such as portals, intranets, external facing sites, CRM and others. WidgetSpigit is an easy way to put innovation in-the-flow of daily work.
(925) 297-2600
“It is clear when examining Spigit that significant effort has gone into designing an experience tailored to idea management. It is quite detailed in the intricacies of facilitating an idea marketplace. Spigit puts the focus of the organization on the social part of social software (that is growing and maintaining a productive community), where it belongs, and not on delivering a bunch of custom code and templates.” Anthony Bradley Managing VP, Gartner
[email protected]
http://www.spigit.com
InnovationSpigit In an Accenture survey of large corporations, executives identified lack of collaboration as the most significant barrier to innovation. Bringing together employee communities around ideas breaks the silos of individuals and accelerates the pace of innovation. InnovationSpigit fosters employee-driven innovation by serving as the common enterprise-wide platform for individuals’ ideas and subsequent community collaboration. The platform’s powerful capabilities surface top ideas and contributors. Easy participation: Employees will find it easy to add new ideas, and provide feedback on others’ ideas. Ideas are organized by community, category and tags. Feedback on ideas is captured through employees’ interactions, including votes, ratings and comments. Ideas are refined through employee collaboration on discussion forums, wikis and blogs.
Actionable analytics: InnovationSpigit calculates a wealth of analytics, which directly influence the movement of ideas on the platform. Metrics such as views, votes, ratings, comments and employee commitment separate the best ideas from the rest. Every employee will have a proprietary Spigit score called RepUrankTM. RepUrank is built on the feedback employees receive from their peers for their ideas and contributions. Users’ assessments of ideas are weighted by their RepUrank. Track and manage ideas’ progress: The progress of every idea will be tracked by its stage. Stages represent an idea’s progress through the innovation pipeline. Advancement through stages is based on meeting quantitative criteria calculated from community feedback, as well as role-based approvals. Up-to-date status information on an idea can be accessed at any time. Idea trading: InnovationSpigit provides a market for the buying and selling of ideas. The market lets employees set the value ideas through trades. Shares of ideas are purchased with special currency for the platform. When an idea is selected for implementation, it is closed out of the market and all shareholders are paid out at the final price per share. Rewards and incentives: Spigit integrates a company store, where employees can purchase items with their currency. Currency is earned through participation and idea trading.
(925) 297-2600
“Spigit is a beautifully designed ‘idea-based’ social network for any size enterprise. What’s uniquely interesting about Spigit is it is action-oriented: its sole purpose in the enterprise or within its external ecosystem of customers and suppliers is to generate good ideas that lead to better products, better usability, revenue-producing initiatives and/or cost savings recommendations”
IdeaSpigit
Susan Scrupski, Founder, SoCo Partners
Multiple communities: Companies can maintain multiple communities simultaneously.
E2.0 Conference Advisory Board
Engaging customers and partners in the innovation process has two benefits. First, companies reduce risk and deliver more relevant products to customers. Second, customers and partners become valuable sounding boards and evangelists on the social web. IdeaSpigit is the platform for external innovation communities. It provides Spigit’s powerful functionality, with features built for external usage. Easy participation: Users can self-register and add ideas within seconds. Communities identify the ideas they like with votes, views and forums. Top ideas: Companies decide what criteria identify top ideas, such as simple votes or deeper analytics.
RepUrank: Every user will have a reputation score. These scores identify the customers and partners most skilled at identifying valuable ideas. Engagement events: Companies can run special events to generate ideas and feedback from communities. These include contests, surveys and time-boxed idea jams.
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Leaderboards: Top ideas and users are easily accessible to the community. Incentives: Companies can provide currency to users based on valued contributions. This currency can be used for purchases and discounts on company products.
PredictionSpigit Capturing the opinions of large, diverse crowds is a proven basis for generating accurate forecasts of event outcomes. The forecasts can be assembled quickly, providing executives with valuable information in real-time for planning purposes. Fast set-up: Creating a prediction market for an event is easy, and requires only a few inputs. Market-based probabilities: Communities trade the different possible outcomes for an event, providing actionable probabilities.
WidgetSpigit The Spigit platform can be embedded with popular enterprise applications. WidgetSpigit allows employees to quickly add ideas as they occur, provide feedback on others’ ideas, and see the status of all ideas. Single sign-on: WidgetSpigit integrates single signon to enable seamless usage and participation.
(925) 297-2600
“Spigit allows you to tune the impending barrage of systematized social interactions toward the vetting and implementation of innovative ideas. Through their proprietary algorithms, Spigit executes a sensible market-based approach for focusing the power of your crowd to create, collaborate around, promote, buy, and sell good ideas.” Senior Consultant, BearingPoint
[email protected]
http://www.spigit.com
Spigit Platform Spigit’s powerful innovation management features are delivered through a robust platform built with the scalability, security and reliability enterprises require. Every day, some of the largest corporations in the world rely on Spigit as their innovation management platform. Software as a service: Spigit delivers its platform primarily through a SaaS deployment. SaaS provides several benefits to organizations: •
Fast roll-outs
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No cost, no hassle upgrades
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Lower cost
The Spigit platform can also be deployed on an installed basis upon request. Configurability: Administrators are provided with a wide range of options to configure the Spigit experience for their communities. Each instance is branded with a company’s look-and-feel. Every aspect of the innovation pipeline process is configured to match a company’s requirements: users, idea stages, roles, and permissions.
Platform flexibility allows companies to adjust as they learn what works for their communities. Analytics reporting engine: The Spigit platform generates thousands of metrics from community interactions. These metrics are valuable for understanding the activity, health and ROI of a company’s innovation process. Organizations can create custom reports from any of this data. REST/SOAP APIs: The individual functions of Spigit are made available through APIs. These APIs can be used to integrate employee ideas and interactions with other enterprise systems. The APIs are accessed through REST or SOAP protocols. Authentication: Spigit integrates with existing enterprise resources for secure, easy authentication. The platform works with LDAP and Active Directory. Single sign-on is supported for seamless platform usage in the enterprise environment.
Contact Us Today Ready to learn more? Contact us today: Spigit, Inc. 311 Ray St. Pleasanton, CA 94566
Portals, Social Networks, Communities
REST/SOAP (remote communication profile)
Content management service
Asset management service
Role management service
Reputation service
Configuration service
Idea Market service
User management service
Prediction market service
User Database/ LDAP
Content Repository
(925) 297-2600 http://spigit.com
[email protected]
Spigit: Business driven. People powered. Technology enabled.