CrowdWorx Innovation Engine

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CrowdWorx is a SaaS idea management solution for small and midsize businesses that offers tools for crowdsourced idea evaluation. It can be deployed on-premise or hosted in the cloud. Key features include social forecasting, cost management suggestion collection, employee engagement tools, and gamification. The campaign module helps users create and launch a platform to collect ideas from groups of employees, and campaigns can be deployed for a specific time period. The solution also offers open innovation and crowdsourcing functionality, allowing users to use market research information such as price points and volume estimations.
  • Collaboration

    Allows for easy collaboration and idea sharing among team members

  • Customization

    Can be customized to fit the specific needs of a business

  • Analytics

    Provides detailed analytics and reporting on innovation efforts

  • Cost

    May be too expensive for small businesses or startups

  • Learning Curve

    May require some training or a learning curve for new users

  • Integration

    May not integrate seamlessly with other software or systems

  • Growing market demand for innovation management software
  • Opportunity to expand into new markets or industries
  • Opportunity to form partnerships with other software providers or innovation consultants
  • Competition from other innovation management software providers
  • Potential impact of economic downturn on businesses' willingness to invest in innovation management software
  • Potential security risks or data breaches that could damage the reputation of the software provider

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CrowdWorx Innovation Engine Plan

CrowdWorx Innovation Engine offers a tiered pricing model with three versions ranging from $5,000 to $25,000 per year, each with increasing features and capabilities.
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