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Sopheon

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Sopheon
Company typePublic
LSESPE
IndustryComputer software
Founded1 January 1993 Edit this on Wikidata
HeadquartersMinneapolis, Minnesota
Area served
Worldwide
Key people
Andy Michuda, CEO
ProductsInnovation and new product development management software including
Websitewww.sopheon.com

Sopheon Corporation offers software and services for enterprise innovation management. Headquartered in the United States, the company has operating units in the United States, United Kingdom, the Netherlands and Germany. Sopheon's innovation management software, called Accolade, is used to align and connect otherwise silo'd organizations, drive best-practice innovation processes, and enable fast, iterative decision-making in the face of increased pressures from markets constantly impacted by developing technology and dynamic consumer demand. Accolade features support for strategic product roadmapping, ideation, and innovation process execution processes.[1] Accolade is most commonly categorized as a product portfolio management (PPM) application. Sopheon is listed on the Alternative Investment Market of the London Stock Exchange. Sopheon is mentioned in The Forrester Wave™: Strategic Planning For The BT Agenda, Q1 2015 by Gordon Barnett and Margo Visitacion, March 13, 2015.[2] Sopheon is also mentioned in The Forrester Wave: Portfolio Management For The BT Agenda, Q1 2015 by Margo Visitacion and Gordon Barnett, March 18, 2015.[3]

Product

Sopheon's Accolade product portfolio management suite provides the following sets of capabilities:

  • New product development management
  • Idea development and management
  • Innovation management
  • Integrated portfolio management and prioritization
  • Dynamic resource alignment for product management planning

Specific Accolade capabilities include:

Process management, which automates Stage-Gate process, Phase–gate process, PACE, DoD 5000 modeling, DFSS, Agile and other new product development methodologies with a centralized best-practice system that supports process execution from the time a product is conceived until it is retired from the marketplace.

Roadmapping, which structures and automates market, technology and product planning and standardizes product roadmapping processes.

Idea development which supports the generation, collection, and evaluation of ideas, enabling users to collaborate on the development of the most commercially promising concepts.

References