SOURCE: Spigit


January 19, 2010 08:02 ET

Spigit Announces the Launch of WE by Spigit for SMB, Industry's First Innovation Platform Built to Meet the Needs of Small Business Owners

WE by Spigit Offers Small and Medium-Sized Businesses Access to Award-Winning, Enterprise-Grade Idea Management Software

PLEASANTON, CA--(Marketwire - January 19, 2010) - Spigit, the leader in innovation management software for the enterprise, today announced the availability of WE by Spigit™, the industry's first innovation platform built specifically for the needs of small and medium-sized businesses to engage employees and customers to help cut costs, streamline processes, and decrease time-to-market.

Entrepreneurs and business owners are searching for new ways to draw out workers' ideas but have struggled to find an easy way to capture, assess and implement new ideas in a timely and efficient manner. This is especially true for companies that are growing rapidly and investing in R&D.

"During these challenging economic times, firms have recognized the value of investing in innovation," said Carol Rozwell, VP and Distinguished Analyst at Gartner. "Innovation management software simplifies the process of gathering and evaluating the insight companies need to cut costs and outperform competitors."

WE by Spigit allows companies to start sharing ideas immediately, building out their own innovation community platforms in minutes. With WE by Spigit, employees easily share, collaborate on and refine ideas in a common innovation space. Innovation visibility is greatly enhanced with tracking mechanisms for top-rated and new ideas, as well as ideas meeting each individual's specific criteria. A powerful analytics engine surfaces both the top ideas and top members based on 360 degree community feedback. Workflow ensures the best ideas are shaped by a diversity of viewpoints before becoming company initiatives.

Spigit's software provides a holistic view into the great ideas that already exist within organizations, capturing, measuring and applying the implicit and explicit feedback of the community. WE by Spigit integrates emergent social collaboration with traditional workflow and analytics, expanding companies' sources of innovation and reducing time-to-implementation for good ideas. Organizations are using Spigit's solutions to source new product ideas, manage project proposals, uncover new revenue opportunities, strengthen operational processes, improve their customers' experience and solve global and civic issues.

"When a company exceeds 50 employees, there needs to be a better way other than email, spreadsheets, suggestion boxes, and post-it notes to capture these new ideas and surface the best ones for adoption," said Paul Pluschkell, CEO and Co-founder of Spigit. "Our new SMB product WE by Spigit gives small and medium-sized businesses the ability to tap into the collective intelligence within an organization for goal-driven collaboration."

WE by Spigit provides an idea management platform for SMBs that is:

--  Enterprise-Grade: WE by Spigit was built from the ground up to cater
    to the needs of small business owners without compromising the award-
    winning features and robust analytics included in the enterprise version
--  Scalable: WE by Spigit includes built-in algorithms to dynamically
    balance load as the company grows and more registered users join the
--  Self-Serve: WE by Spigit empowers small business owners to work
    within their budgets through pay-as-you-go services using a simple online

For more information about WE by Spigit or to download our SMB whitepaper, please visit

About Spigit

Spigit is the leading provider of purpose-built innovation software for the enterprise, connecting employees, customers and business partners for idea management and innovation discovery. Using enterprise-ready social technology, Spigit's software taps into the collective intelligence within an organization and transforms it into actionable, predictive information. By incorporating incentives, idea graduation, idea trading and real-time analytics, Spigit allows companies to get the most out of their key assets. Our technologies are used by the largest and most innovative companies in the world including: Pfizer, AT&T, Southwest Airlines, Allstate, AAA, and Lloyds TSB. Spigit currently powers innovation projects at numerous Fortune 2000 companies and has been named Best of Software Interop 2008 and is listed on the AlwaysOn Global 250 list, the power list of the top 250 private global technology companies. For more information, visit

Spigit and WE by Spigit are trademarks or registered trademarks of Spigit in the United States and/or other countries. All other product and company names and marks mentioned in this document are the property of their respective owners and are mentioned for identification purposes only.

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