New Release of Award-winning Innovation Product

RNS Number : 8145X

Sopheon PLC

01 September 2022

 

SOPHEON PLC

("Sopheon" or the "Company")

New Release of Award-winning Innovation Product

Sopheon, the leading international provider of software and services for Enterprise Innovation Management solutions, today announced a series of enhancements and additions to its award-winning innovation management product, Accolade®. Sopheon customers will benefit from stronger collaboration capabilities, expanded data metrics, and additional financial modeling, all within a highly secure environment. 

Using Accolade, Sopheon's long-standing blue-chip customers across a diverse range of industries have experienced superior strategy-to-execution performance, reduced time-to-market, improved efficiency, and greater product success rates. Benefits of the latest enhancements include:

· Greater team collaboration with standardized access to timely communication and smooth transitions

· Increased financial data metrics that leverage integration with ROI Blueprints, acquired by Sopheon in December

· Improved portfolio navigation between multiple projects within a portfolio to assist decision making

· Expanded authentication with OpenID Connect, a protocol used by a variety of security access identity providers

"Successful innovation is driven by collaboration, context and clear communication around new and product-line extension initiatives," said Michael Bauer, chief product officer of Sopheon. "By addressing all three areas with our latest enhancements and strengthening our security and out of the box financial capabilities, companies innovating with Accolade and other Sopheon innovation management products will experience greater efficiencies and faster time to value."  

Sopheon's leadership in innovation management was highlighted in the comprehensive MarketsandMarkets™ report on the Innovation Management Market. Sopheon was listed in the "Stars" category, the highest recognition. Sopheon was described as one of the leading players in the innovation management market thanks to the company's "robust and wide range of products and solutions in the innovation management category." Sopheon is in a select ranking alongside other leaders, such as Accenture, SAP and KPMG.

For further information contact:

Andy Michuda (Executive Chairman) Arif Karimjee (CFO)	Sopheon plc	+ 44 (0) 1276 919 560
Carl Holmes/Edward Whiley (Corporate Finance) Alice Lane/Sunila da Silva (ECM)	finnCap	+ 44 (0) 20 7220 0500

Sopheon and Accolade are trademarks of Sopheon plc. All other trademarks are the property of their respective owners.

About Sopheon. Sopheon (LSE: SPE) partners with customers to provide complete enterprise innovation management solutions including software, expertise, and best practices, that enable them to achieve exceptional long-term revenue growth and profitability. Sopheon's Accolade solution provides unique, fully-integrated coverage for the entire innovation management and new product development lifecycle, including strategic innovation planning, roadmapping, idea and concept development, process and project management, portfolio management and resource planning. Sopheon's solutions have been implemented by over 200 customers with over 60,000 users in over 50 countries. Sopheon is listed on AIM, operated by the London Stock Exchange. For more information, please visit www.sopheon.com .  

 

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