Innovation Management

Oracle Innovation Management Cloud delivers enterprise class capabilities to streamline, translate, optimize, and execute a balanced, achievable portfolio targeted to deliver winning offerings matched to growth strategies. Social collaboration and embedded analytics enable faster decisions and traceability.
 

Ideation

Capture
Capture ideas from anywhere and organize them into initiatives.
Refine
Engage colleagues with different areas of expertise to determine the most viable ideas for possible investment.
Promote
Prioritize and advance the ideas with the best potential to deliver value, suitability, and feasibility, and align with business objectives.

Proposals

Justify
Execute a consistent process for the business-case data collection and justification of each proposal.
Model
Identify required resource pools, budgets, and potential revenue stream.
Select
Determine the best product proposals to move forward as investment priorities.

Portfolio

Analyze
Analyze the risk versus financial objectives and the resource and budget constraints across a collection of product proposals using embedded or custom analytics.
Simulate
Model and analyze alternate budget, resources, and schedule assumptions of proposals.
Progress
Achieve a balanced portfolio to meet both short and long term objectives and advance the proposals with the highest potential for success and resource utilization to project planning.

Requirements

Define
Utilize a single source of truth to capture, organize, collaborate, review, and prioritize requirements and specifications.
Manage
Maintain control of scope with version-controlled changes and audit history.
Trace
Ensure product definition clarity across all requirements and traceability across requirements, designs, ideas, quality issues, test specifications, items, and more.

Concepts

Develop
Achieve design for excellence and cost initiatives with embedded analytics. Reuse existing designs to create new concept alternatives.
Validate
Evaluate product readiness by analyzing if the concept design meets all the objectives and targeted business and technical requirements.
Promote
Progress the product concept forward for further refinement or directly to commercialization.
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