Efikton Innovation Management

From Efikton


Innovation is of vital importance for the survival and grow of European Companies in the today global and competitive world and it is obvious that European companies need to close the “innovation performance gap”.

Innovation is the process of identifying unmet needs and fulfilling them with new products, services and procedures. This effort leads to a new style of organization, with great competitive advantages.

Despite the obvious need for innovation, companies find it difficult to organize and manage this complicated process, which involves all company’s departments but also Customers, Suppliers and other Partners.

Efikton® Innovation Management is here to make it easy.

Efikton® Innovation Management offers a complete Collaborative Innovation Management framework, which supports the implementation of all Innovation Steps.

Designed after 4 years of research and development within the AVALON Project (one of the major European Projects in the Innovation Management of a network of companies) and based on the open Efikton® SOA-B3 Platform, Efikton® Innovation Management offers unique features and benefits.

Innovation execution – All the activities of the innovation process from evaluation methods up to prototyping and rollout are managed in a unified collaborative manner. Innovation Execution incorporates three major groups of activities:



Innovation Evaluation Methods & Decision Assistance

PCM (Pair Comparison Matrix)
FMEA (Failure mode and effects analysis)
Collaborative QFD (Quality function deployment)
Pugh Matrix (Concept selection method)
AHP (Analytical Hierarchy Process)
PPA (Product Potential analysis).

Planning & Scheduling of innovation activities

Human Activities
Supply Chain

Control of activities

Time Management
Quality Problems

Features of Efikton Innovation management

Idea Repository – the base of collaborative communication, where information, ideas, problems and claims are declared and discussed

Agreements declared through the idea management process are maintained and always accessible to all the participants. Agreements could be:

1) Memorandum of understanding

2) Letter of Intend

3) Contract

4) Milestones

5) Expected Results

6) Intellectual Properties