Innovation Factory

Innovation Factory is an enterprise software startup founded in 2005. It offers smart social idea management software named PIT and a complementary Challenge methodology to ensure successful online idea generation. The company's online Challenge methodology provides a structured approach to open innovation, allowing for the exploration of new markets, product innovations, process innovations, and tackling various corporate challenges. This approach fosters engagement and interaction among participants, leading to more comprehensive concepts that incorporate available knowledge, expertise, and implementation issues. As of now, there is no publicly available information on the company's headquarters, last investment, or the investors involved. With its focus on online idea generation and structured innovation, Innovation Factory presents a compelling opportunity for investors interested in the enterprise software sector.