InnoCentive adopts a crowdsourcing model known as Cloud Labor. InnoCentive crowdsources innovation solutions from the world’s smartest people, who compete to provide ideas and solutions to important business, social, policy, scientific, and technical challenges. Our 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 companies develop and implement solutions to their key problems, opportunities, and challenges.
From idea creation to idea management to solutions management, InnoCentive offers user friendly innovation platforms to assist companies and government agencies with their current innovation needs. InnoCentive allows companies to tap into the wisdom and innovative capacity of a problem Solver network of more than 355,000 Solvers in order to find solutions to a company's difficult problem(s), or "challenges" while the Solvers can focus on a range of challenging problems with the hope of receiving a financial reward.
For more than a decade, leading organizations such as AstraZeneca, Booz Allen Hamilton, Cleveland Clinic, Eli Lilly & Company, NASA, Nature Publishing Group, Procter & Gamble, Scientific American, Syngenta, The Economist, Thomson Reuters, The Department of Defense, 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.
|Employees (est.) (Feb 2019)||49|
InnoCentive total Funding
InnoCentive latest funding size
Time since last funding
|7 years ago|
|Spencer Trask & Co., In-Q-Tel|
|GBP||FY, 2010||FY, 2011||FY, 2012||FY, 2013||FY, 2014||FY, 2015||FY, 2016||FY, 2017|
InnoCentive has 11.22k Twitter Followers. The number of followers has increased 0.2% month over month and increased 0.3% quarter over quarter
When was InnoCentive founded?
InnoCentive was founded in 2001.
Who are InnoCentive key executives?
InnoCentive's key executives are Craig Jones and Alpheus Bingham.
How many employees does InnoCentive have?
InnoCentive has 49 employees.
Who are InnoCentive competitors?
Competitors of InnoCentive include STATION F, CrowdANALYTIX and Imaginatik.
Where is InnoCentive headquarters?
InnoCentive headquarters is located at 265 Winter St, Waltham.
Where are InnoCentive offices?
InnoCentive has offices in Waltham and London.
How many offices does InnoCentive have?
InnoCentive has 2 offices.