About InnoCentiveOur methodology is called Challenge Driven Innovation, an innovation framework that accelerates traditional innovation outcomes by leveraging open innovation and crowdsourcing along with defined methodology, process, and tools to help organizations develop and implement actionable solutions to their key problems, opportunities, and challenges.The global economy is forcing organizations to attack problems with all the brainpower they can muster both inside and outside the enterprise. Unlocking the potential of millions of people to work productively on pressing problems is the power of Challenge Driven Innovation.And we believe that’s the future.InnoCentiveIC_ebbed5ca-185c-11e4-8004-ef29b924fef1InnoCentive NetworkOur global network of millions of problem solvers, proven challenge methodology, and cloud-based innovation management platform combine to help our clients transform their economics of innovation through rapid solution delivery and the development of sustainable open innovation programs.AARP FoundationFor more than a decade, leading organizations such as AARP Foundation, Air Force Research Labs, Booz Allen Hamilton, Cleveland Clinic, Eli Lilly & Company, EMC Corporation, NASA, Nature Publishing Group, Procter & Gamble, Scientific American, Syngenta, The Economist, Thomson Reuters, and several government agencies in the U.S. and Europe have partnered with InnoCentive to rapidly generate innovative new ideas and solve problems faster, more cost effectively, and with less risk than ever before.Air Force Research LabsBooz Allen HamiltonCleveland ClinicEli Lilly & CompanyEMC CorporationNASANature Publishing GroupProcter & GambleScientific AmericanSyngentaThe EconomistThomson ReutersGovernment AgenciesLimited resources. Sequestration and potential decreases in funding. Greater focus on efficient and effective use of public funds for innovation. Governments around the globe are facing many of the same dilemmas. As you struggle with these new realities, you must continue to innovate, govern, solve problems, and serve constituents.InnoCentive’s work with the public sector – Air Force Research Labs, NASA, In-Q-Tel and the intelligence community, Oil Spill Recovery Institute, and others – reveals that agencies are serious about finding solutions to problems that matter most to their missions, advocating public-private partnerships, and promoting transparency, openness, and collaboration across agencies.In-Q-TelIntelligence CommunityOil Spill Recovery InstituteCorporationsResearch and development, innovation, product development, and marketing executives face daunting pressures, such as keeping customers engaged, reducing product launch delays and R&D program failures, increasing staff productivity, managing competitive pressures, and generating higher returns on their R&D and innovation investments. As a consequence, successful 21st century innovation organizations require better, faster, and more cost effective ways of solving problems and innovating to both drive business growth and spread risk.NonprofitsSecuring the funding to maintain a sustainable organization that can accomplish its mission is the most significant challenge facing most nonprofit organizations (NPOs). Yet fundraising efforts have come under severe pressure, as NPOs have been forced to lay off workers, and both governments and donors are increasingly scrutinizing their contributions and demanding to see real impact from them. Indeed, the measurement of outcomes in an open and transparent manner is becoming the new currency of philanthropy._ebbee434-185c-11e4-8004-ef29b924fef1To crowdsource innovation solutions from the world’s smartest people, who compete to provide ideas and solutions to important business, social, policy, scientific, and technical challenges._ebbee61e-185c-11e4-8004-ef29b924fef1InnovationWe believe that innovation and problem solving need to evolve in order to meet the challenges of the 21st century.Problem SolvingCreativityBy unleashing human creativity, passion and diversity, we can solve problems that matter to business and society. Once you untether the search for solutions from an individual, department or company, amazing things happen. Problems are solved better, faster, and at a lower cost than ever before.PassionDiversityIdeas & SolutionsRapidly generate innovative new ideas and solve problems faster, more cost effectively, and with less risk_ebbee6be-185c-11e4-8004-ef29b924fef1Premium ChallengesAsk the right questions_ebbee6bf-185c-11e4-8004-ef29b924fef11QualityInnovate Better_ebbee6c0-185c-11e4-8004-ef29b924fef11.1* Access to InnoCentive’s premier Global Solver Community of 300,000 diverse and creative thinkers and problem solvers from nearly 200 countries.* Access 13 million+ creative minds through our partnerships with Nature Publishing Group, Scientific American, and others.* Whether you are looking for new ideas, breakthrough approaches, or a new product design, we have a powerful Challenge product to meet your needs.* Proven confidentiality and IP transfer options ensure your open innovation efforts with InnoCentive are both secure and reliable.SpeedInnovate Faster_ebbee6c1-185c-11e4-8004-ef29b924fef11.2* Ask everyone! With hundreds or even thousands of problem solvers engaged in your problem, you’ll quickly have access to a viable solution faster than ever before.* Accomplish more by balancing project needs across existing teams and InnoCentive’s Global Solver Community to drive better innovation ROI inside and outside the organization.* Receive a novel idea or solution to a problem that you can act on in as few as 45 days.Cost EffectivenessInnovate More Cost Effectively_ebbee6c2-185c-11e4-8004-ef29b924fef11.3* Don’t pay for failure! For technical or scientific Challenges, you only pay awards for solutions that meet your criteria and needs.* Never pay extra for IP transfer/ownership – it is included in the cost of the Challenge.InnoCentive@WorkEngage innovation communities such as employees, partners, or customers to generate novel ideas and solve problems._ebbee6c3-185c-11e4-8004-ef29b924fef12InnoCentive@Work is collaborative SaaS-based innovation management software that enables you to engage diverse innovation communities such as employees, partners, or customers to help you rapidly generate novel ideas and solve your most pressing problems. The platform is a one-stop shop for private crowdsourced Challenges that allows commercial organizations and government agencies alike to easily engage and promote collaboration with the right individuals, communities, and networks to innovate faster, more cost effectively, and with less risk than ever before possible.Internal BrainpowerHarness your internal brainpower before looking outside to quickly generate novel ideas and solve key problems (and, avoid re-inventing the wheel)._ebbee6c4-185c-11e4-8004-ef29b924fef12.1CollaborationImprove collaboration with internal and invite-only audiences as well as existing knowledge resource systems by harnessing the power and diversity of crowds._ebbee6c5-185c-11e4-8004-ef29b924fef12.2Existing ProcessesAugment and accelerate existing innovation management processes such as PLM, Stage-Gate, and Six Sigma to preserve existing capital and skillset investments._ebbee6c6-185c-11e4-8004-ef29b924fef12.3Distribution ChannelsControl Challenge distribution channels and target problem solver audiences to optimally align ideas or problems to the audience(s) most likely to solve them._ebbee6c7-185c-11e4-8004-ef29b924fef12.4Sensitive ChallengesKeep highly sensitive Challenges “inside” the company, but escalate – publically or anonymously – unsolved Challenges to InnoCentive’s open global community of 300,000 problem solvers._ebbee6c8-185c-11e4-8004-ef29b924fef12.5Reporting & AnalysisReport, analyze, measure and audit for continuous tracking and improvement of innovation efforts._ebbeea10-185c-11e4-8004-ef29b924fef12.6Custom ChallengesDevelop high-profile Challenge programs and innovation competitions, uniquely tailored to your needs, for solving big problems and encouraging breakthrough innovations_ebbeeb46-185c-11e4-8004-ef29b924fef13InnoCentive’s Custom Challenge Programs enable you to develop high-profile Challenge programs and innovation competitions, uniquely tailored to your needs, for solving big problems and encouraging breakthrough innovations. Whether you have a clear design that you would like to be planned and executed by our team, or you are at the early stages of conceiving an idea for a large-scale Challenge program, InnoCentive’s design expertise can help make your program a reality, from the first design brainstorm right through to the final award ceremony.ImpactSolve major problems that achieve high impact. _ebbeec68-185c-11e4-8004-ef29b924fef13.1Custom Challenge Programs focus on high-value targets and often aim to tackle serious market failures or remove barriers or bottlenecks that may be holding up progress in a certain area or industry.ComplexityTackle complex problems._ebbeed76-185c-11e4-8004-ef29b924fef13.2Challenge programs can be structured in stages, consisting of many incremental Challenges that guide the innovation community toward systematically tackling the overall problem.Innovation CommunitiesBuild and develop innovation communities._ebbefae6-185c-11e4-8004-ef29b924fef13.3Custom Challenge Programs seek to improve the innovation system within a given sector by providing a forum and focus for a solver community, fostering collaboration, cooperation, and networking among innovators and other key stakeholders, and improving information-sharing, knowledge transfer, and communication within the community.SourcingSource new ideas from unexpected fields._ebbefae7-185c-11e4-8004-ef29b924fef13.4Because Custom Challenge Programs tend to demand radical thinking and breakthrough innovations, it is especially important to attract new and original ideas from outside traditional sectors. These programs often make an extra effort to engage new innovators and offer sub-prizes that reward technology-transfer from external sectors.AttentionDraw attention to problems._ebbefae8-185c-11e4-8004-ef29b924fef13.5Exposing a problem or Challenge to the world, and offering a sizeable reward (typically $100,000 or more) to individuals/groups which can address or even solve the problem, is an effective way to raise awareness about an issue.Brands & CausesPromote brands and causes._ebbefae9-185c-11e4-8004-ef29b924fef13.6Launching a Custom Challenge Program can raise the profile of the program sponsor and its cause, helping to establish thought leadership within an industry or around an important issue. And for foundations, these programs are effective fund raising vehicles.New Markets Create new markets._ebbefaea-185c-11e4-8004-ef29b924fef13.7Custom Challenge Programs can be used to open up whole new markets or new areas of innovation, as radical advances open up fresh avenues of commercial opportunity and enable a diverse range of sequential innovations.ROIMaximize return-on-investment. _ebbf018a-185c-11e4-8004-ef29b924fef13.8Custom Challenge Programs aim to maximize returns from the sponsor’s financial investment, as well as reduce their risk, since solvers collectively invest considerable sums in pursuit of the prize.2014-07-30https://www.innocentive.com/about-innocentiveOwenAmburOwen.Ambur@verizon.net