SOURCE: NineSigma, Inc.

NineSigma, Inc.

NineSigma, Inc.

February 09, 2010 14:04 ET

NineSigma Partnering With Innovation 360 Institute to Deliver Open Innovation Services in the Middle East

NineSigma to Work With Innovation 360 to Provide Industry-Leading Open Innovation Capabilities to Middle East and North Africa (MENA) Organizations Seeking to Leverage the Global Innovation Community

CLEVELAND, OH--(Marketwire - February 9, 2010) - NineSigma, the leading provider of open innovation solutions, announced they are partnering with Innovation 360 Institute, a leading innovation training consultancy, to deliver open innovation services to companies and government entities throughout the Middle East. NineSigma and Innovation 360 have formed the partnership to fill a growing need among organizations in the Middle East for systematic innovation methods that drive regional economic growth.

"The public and private sectors in the Middle East are hungry for new tools and capabilities that will enable them to fully leverage the global research and innovation community," said Kamal Hassan, President and CEO of Innovation 360. "NineSigma's innovation search methodology, intelligence offerings and extensive network of experienced innovators, combined with Innovation 360's systematic innovation model, will help organizations in the Middle East find new technologies and innovative ideas."

Innovation 360 offers a reliable and repeatable method for innovation that enables organizations to transform their culture, improve their offerings and business processes, and increase their return on innovation investment.

NineSigma has helped hundreds of companies reach beyond their traditional networks to find open innovation solutions to support their business development and sustainability goals. In addition to finding innovative solutions for its clients, NineSigma provides business and technology intelligence that support and validate the client's strategic business decisions.

"Open innovation has already been applied in many industries that are key to economic growth in the Middle East, such as oil and gas, clean and renewable energy, government services and healthcare," explained Matthew Heim, President of NineSigma. "Open innovation networks are an affordable and effective way to bolster internal R&D efforts."

"We are pleased to partner with Innovation 360 because of their unique approach to innovation and their deep industry knowledge and understanding of the challenges facing organizations in the Middle East," added Heim. "This partnership allows us to expand our presence further into the Middle East and introduce open innovation practices to companies and government entities actively looking to advance their innovation capabilities."

"I am confident that this partnership will provide a platform for our clients to truly transform their business and innovation processes," added Hassan.

To introduce the concept of open innovation and how it can be leveraged as part of a systematic innovation strategy, Innovation 360 and NineSigma will present several one-day workshops and networking events throughout the Middle East this spring.

About NineSigma

NineSigma helps Global 1000 companies Engage with the global innovation community and Enable their organizations to more effectively adopt external knowledge and resources. Companies such as GlaxoSmithKline, Kraft, Philips, Unilever and Xerox utilize NineSigma's open innovation services to solve immediate challenges, fill product pipelines and integrate new knowledge and capabilities into their organizations. NineSigma has the largest open global network of solution providers and an extensive database of existing solutions that spans all industries and technical disciplines. The company has operations in the United States, Europe and Asia. Learn more about NineSigma at http://www.ninesigma.com/.

About Innovation 360

Innovation 360 Institute works with companies and government entities throughout the Middle East to bridge the gap between business strategy and execution by employing systematic innovation and leadership development. Our world class trainers, consultants and partners have extensive experience working in a wide array of industries including financial services, insurance, healthcare, tourism, manufacturing, oil and gas, utilities and construction. Our technology partners provide software enablers to help you design your strategy, and drive your innovation and excellence programs. Together, we help organizations define and reach their goals. Learn more about Innovation 360 at http://www.i360institute.com/about-us/.

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