SOURCE: Spigit


January 26, 2010 08:02 ET

Spigit Powers Root Change Enterprise Social Network

Humanitarian Program Leverages Spigit's Innovation Management Platform to Identify Emerging Global Business Investment Opportunities in Developing Nations

PLEASANTON, CA--(Marketwire - January 26, 2010) - Spigit, the leader in innovation and idea management software for the enterprise, announced today that it has partnered with Root Change, a mission-driven social enterprise, to launch a Spigit-powered collaborative platform designed to identify solutions to social and economic problems and create initiatives to drive innovation in social development.

Through this new global Innovation Scouts initiative, the program will recruit, train and deploy 75 indigenous innovation scouts in Africa, Asia and Latin America, to identify, discuss and collaborate on the development of high-potential investment opportunities. Through Spigit's platform, an Innovation Scout Web Portal will provide a new mechanism for the discovery, development and brokering of innovative ideas and programs around the world.

"We are pleased to have Spigit's innovation management solutions applied in this kind of on-the-ground social initiative, and be used to facilitate change for the greater good," said Paul Pluschkell, CEO and co-founder of Spigit. "The principles of innovation are the same in a large company as in a remote village -- when great ideas are unearthed and successfully executed, the result can be powerful change that improves local commerce and enhances economic opportunities."

With support from public and private funds, Root Change works around the world to build capacity through consulting services to social entrepreneurs, non-governmental organizations and forward-thinking development agencies. The company supports social ventures and brokers opportunities to connect talented and motivated individuals with ideas and resources to break patterns and cut through barriers to create better opportunities for efficient, impactful and scalable solutions to social and economic challenges around the world.

"At the heart of Root Change's pattern-breaking work is the collaboration of stakeholders who come from many different backgrounds, cultures and sectors with a wide variety of skills and perspectives," said Evan Bloom, co-founder and managing partner for innovation at Root Change. "The beauty of Spigit's collaboration suite is that it allows everyone to contribute to the process in an intuitive and measurable way that helps ensure the best ideas move forward to deliver concrete results."

Spigit's unique collaboration solutions provide a platform for companies, groups and ad hoc virtual communities to contribute, rank and launch ideas by integrating social-networking style interaction with business-driven metrics and reporting. This novel approach allows stakeholders to tap into the collective intelligence of the group and uncover ideas, even among those not typically involved in the innovation process. Spigit's solutions enable organizations to better manage the innovation process to aid in strategic decision making, derive greater return on investment from their efforts and design more effective comprehensive growth strategies.

"Spigit provides a powerful mechanism that allows the best ideas rise to the top through our patented algorithm analysis to identify opportunities that may otherwise remain hidden," Pluschkell said. "By connecting people on an international scale, particularly in the most isolated parts of the world, Spigit can facilitate positive change to help solve some of the world's most pressing social problems."

As the industry standard for enterprise innovation management and collaboration, Spigit's award-winning solutions are already in use by many Fortune 2000 companies and well-known brands at the forefront of innovation, including AT&T, IBM, Lloyds Banking Group, MedPlus, Walmart, Southwest Airlines and Choice Hotels International. The company was recently named to InformationWeek's Startup 50 list of the top business technology startups as selected by readers and editors.

For more information about Spigit's solutions, visit; for more information about Root Change, visit

About Root Change

Root Change is a mission-driven social enterprise that directs a global performance-improvement consulting practice, partners with innovators and investors to launch enduring solutions to social and economic problems, and leads research programs and collaborative initiatives to drive innovation in social development. The nonprofit organization is headquartered in Washington, D.C. For more information, 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 is trademark or registered trademark 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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