upBOARD’s Software App for Open Innovation
Innovation doesn’t just happen in R&D departments. Today, “Open Innovation” (also known as External Innovation) is a fundamental strategy for sourcing emerging technologies and other intellectual property from startups, universities, think tanks, suppliers, and other partners. Having a clear Open Innovation process is essential, especially one that is directly tied to and that supports your growth platforms and innovation portfolios. Use the Open Innovation app to identify external innovation targets, prioritize them, engage with them, and move them through a phased process of evaluation, from investigation to proof-of-concept to full innovation partnership.
Use the Open Innovation app to identify and manage external partnership opportunities for new technologies, intellectual property and solutions with startups, universities, think tanks, incubators, labs, suppliers, entrepreneurs, and other partners. Use the app to:
- Identify external opportunities from startups, universities and more
- Score, rank and prioritize opportunities
- Create and manage a full phase gate pipeline of external partners
- Move opportunities through a phased process of evaluation
- Export all portfolio data into a spreadsheet file
Categorize, track, and manage data related to opportunities related to:
- Name and location
- Contact name, title, email and phone
- Organization type
- Key products
- Technology areas
- Industry focus
- Date of last discussion
- Discussion notes
- Search tags
- Assessment scores (feasibility, opportunity size, & Wow factor)
Manage your entire Open Innovation process to support your strategy, innovation and technology acquisition and development efforts.
Use the Opportunity Template to Create a New Record
Use the app to identify, track, prioritize and work with external partners focused on innovation. For each new opportunity, add a new template and record to track a startup, university, supplier, lab, entrepreneur or other open innovation partner.
Add Detail in the Template
For each opportunity, add details surrounding the organization and its products, technology and industry detail all in one place.
Review and Prioritize Opportunities
View all of your opportunities in one place in List View, then use the Dashboard dropdown to view various charts that summarize your Open Innovation activities. You can also view your full pipeline of opportunities by phase, by type, or create a portfolio map.
Get Expert Advice and Help
View videos narrated by leading experts to learn more about Open Innovation best practices. Get additional consulting and support anytime.