SOURCE: Spigit

Spigit

December 14, 2010 08:02 ET

Spigit Extends Innovation Management Offerings With Spigit for SharePoint v2.5

Customers Can Now Leverage the Power of Spigit and Microsoft's Project Server 2010 Together to Extend the Innovation Lifecycle Through Implementation

PLEASANTON, CA--(Marketwire - December 14, 2010) - Spigit, the leader in purpose-built innovation management software, today announced that its customers now have the ability to effectively manage selected ideas via Microsoft's Project Server 2010. Project Server is used to evaluate critical issues such as strategy fit, financial risk, and required resources for various initiatives, and this latest release of Spigit for SharePoint v2.5 allows Spigit customers to utilize this functionality seamlessly for ideas generated by the Spigit idea management platform.

"We are now extending the innovation lifecycle by providing integration with Project Server 2010," said Paul Pluschkell, CEO and Co-Founder of Spigit. "By moving qualified ideas into Project Server 2010, users will be able to optimize their portfolio of ideas using project management methodologies and execute on the most profitable projects for the organization."

Using Portfolio Optimization techniques in Project Server 2010, Spigit customers can better align their new ideas to their corporate strategies. The robust tool allows decision makers to perform "what if" exercises based on funding, manpower, risk, etc. to determine which ideas will provide the highest return on investment. Furthermore, Project Server 2010's powerful collaboration and reporting capabilities allow for the creation of audience-based dashboards and comprehensive reports that help decision makers better manage their portfolio.

"There are a number of companies that specialize in capturing ideas; but most are missing a way to effectively build out those ideas into real projects, which is a critical piece of the workflow," explains Michael Fauscette, Group Vice President, Software Business Solutions of IDC. "By integrating with Project Server 2010, Spigit provides a more complete innovation management solution; going beyond the task of crowdsourcing ideas and extending the innovation lifecycle to accelerate ideas from concept to launch."

Spigit for SharePoint v2.5 is now available to customers. For any questions or additional information regarding the v2.5 product, please visit www.spigit.com or contact info@spigit.com for direct inquiries.

About Spigit

Spigit is the leading provider of collective idea management software, connecting employees, customers and business partners for innovation and insight discovery. Using enterprise-grade social technology, Spigit's software taps into the collective intelligence of an organization and transforms it into actionable, predictive information. By incorporating incentives, idea graduation, idea trading and real-time analytics, Spigit allows companies to harness the social capital within. 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 www.spigit.com.

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