Ideawake
Ideawake is an innovation management software that helps you collect, evaluate, and implement ideas from your employees, customers, and partners to drive organizational growth and efficiency.
Qmarkets
Qmarkets is an enterprise-grade innovation management software that helps you collect, evaluate, and implement high-impact ideas from your employees, customers, and partners to drive measurable business growth.
Quick Comparison
| Feature | Ideawake | Qmarkets |
|---|---|---|
| Website | ideawake.com | qmarkets.net |
| Pricing Model | Custom | Custom |
| Starting Price | Custom Pricing | Custom Pricing |
| FREE Trial | ✓ 14 days free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2013 | 2006 |
| Headquarters | Milwaukee, USA | Tel Aviv, Israel |
Overview
Ideawake
Ideawake is a flexible innovation management platform designed to help you tap into the collective intelligence of your workforce. Instead of letting great ideas get lost in spreadsheets or email chains, you can launch targeted innovation challenges that encourage employees to share solutions for specific business problems. The platform provides a structured environment where you can crowdsource ideas, gather feedback through comments, and use community voting to identify the most promising concepts.
You can manage the entire lifecycle of an idea from initial submission to final implementation using customizable stage-gate workflows. The software helps you quantify the potential impact of new initiatives and track the ROI of your innovation programs in real-time. It is built to scale with your organization, making it easy to engage a handful of specialists or your entire global workforce in the creative process.
Qmarkets
Qmarkets provides a centralized platform to manage your entire innovation lifecycle, from initial ideation to final implementation. You can launch targeted campaigns to solve specific business challenges or maintain an always-on suggestion box for continuous improvement. The platform uses intelligent crowdsourcing to gather insights from your workforce, ensuring that the most viable ideas rise to the top through automated workflows and expert evaluation tools.
You can configure the interface to match your brand and specific methodology, whether you are focused on R&D, operational efficiency, or digital transformation. It helps you break down departmental silos by inviting cross-functional collaboration on new projects. By tracking the ROI of every implemented idea, you can demonstrate the tangible value of your innovation programs to stakeholders while fostering a culture of creativity across your entire organization.
Overview
Ideawake Features
- Innovation Challenges Launch time-bound campaigns to gather targeted solutions from your team for specific business goals or pain points.
- Crowdsourced Voting Empower your community to vote and comment on submissions to quickly surface the most popular and viable ideas.
- Stage-Gate Workflows Move ideas through custom evaluation phases so you can track progress and ensure every concept gets a fair review.
- Gamification Tools Boost engagement by awarding points and badges to users who contribute high-quality ideas and constructive feedback.
- Mobile Accessibility Capture inspiration the moment it strikes by submitting and reviewing ideas through a mobile-responsive web interface.
- Impact Tracking Measure the estimated cost savings or revenue potential of implemented ideas to prove the value of your program.
Qmarkets Features
- Idea Submission Portals. Create branded portals where your employees and partners can easily submit, vote, and comment on new business ideas.
- Automated Workflows. Move ideas through custom stages of review and approval automatically based on your specific business rules and criteria.
- Expert Review Tools. Assign subject matter experts to evaluate submissions using scorecards and multi-criteria assessment tools for objective decision-making.
- Gamification Engine. Drive higher participation rates by rewarding your contributors with points, badges, and leaderboard rankings for their active involvement.
- Advanced Reporting. Track your innovation pipeline in real-time and calculate the projected ROI of implemented ideas with built-in analytics.
- Mobile Accessibility. Capture inspiration the moment it strikes by submitting and reviewing ideas through a responsive mobile-friendly interface.
Pricing Comparison
Ideawake Pricing
Qmarkets Pricing
Pros & Cons
Ideawake
Pros
- Extremely intuitive interface requires almost no user training
- Highly responsive customer success team provides great support
- Gamification features effectively drive high employee participation rates
- Flexible workflow configuration adapts to various departmental needs
Cons
- Reporting dashboards can feel limited for complex data needs
- Mobile experience is web-based rather than a native app
- Initial setup of complex workflows takes some time
Qmarkets
Pros
- Highly flexible configuration options for complex workflows
- Strong visual reporting for tracking innovation ROI
- Excellent support for large-scale global deployments
- Effective gamification features that boost employee engagement
Cons
- Initial setup requires significant time and planning
- Interface can feel overwhelming for casual users
- Admin backend has a steeper learning curve
- Customization options may require professional services