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RNS Number : 5540H  Sopheon PLC  07 April 2022

SOPHEON PLC

("Sopheon" or the "Company")

 

Sopheon Boosts Innovation System with Real-time Information and Collaboration
Enhancements

 

Sopheon, the leading international provider of software and services for
Enterprise Innovation Management solutions, today announced a series of
upgrades to its flagship product, Accolade®.

 

With an unprecedented level of transparency resulting in better analysis, a
higher level of risk identification and improved reporting, Accolade enables
stakeholders to make faster, fact-based decisions that drive innovation
forward.

Accolade is a flexible and scalable single innovation system that provides
the ability to control and manage innovation and new product development
programs more effectively. Hundreds of long-standing blue-chip customers have
experienced superior strategy-to-execution performance, increased time to
market, streamlined operational costs and greater product success.

 

"Innovation projects face many speed bumps on the road from inception to the
market. Sopheon has smoothed the road to innovation success with these latest
communication and collaboration enhancements," said Michael Bauer, chief
product officer of Sopheon. "Accolade provides a secure, self-service
environment that allows stakeholders to be self-reliant in tracking processes
and progress. By staying informed on a real-time basis, without needing the
involvement of project managers, key stakeholders are empowered to make
faster, fact-based decisions. Sopheon's Accolade provides the perfect mix of
self-reliance, accountability, transparency and decision-making capabilities
for ensuring new product success."

 

Benefits of the latest Accolade enhancements include:

 

Real-time information sharing - Accolade provides an easy and secure way for
project and portfolio managers to set up and share information. Stakeholders
can see live data automatically on-demand without needing a license for
Accolade. This provides visibility into product portfolio performance and
ensures that stakeholders are completely informed and aligned with relevant
information that is always up to date.

 

Deeper collaboration - The addition of Slack to Sopheon's support for
Microsoft Teams extends Accolade's communication and collaboration
capabilities. The improved and fully integrated experience enables users to
easily engage team members where they are most comfortable working in
Accolade.

 

Valuable new insights - Sopheon's Trended Metrics is a powerful evaluation
tool that helps users determine whether their product or portfolio is on
track. Accolade automatically highlights and shows how specific metrics are
trending and gives users an immediate indication where problems are likely to
occur. It also captures updates since previous communications with
stakeholders.

 

For further information contact:

 Andy Michuda (Executive Chairman)              Sopheon plc  + 44 (0) 1276 919 560

Arif Karimjee (CFO)
 Carl Holmes/Edward Whiley (Corporate Finance)  finnCap      + 44 (0) 20 7220 0500

 Alice Lane (ECM)

 

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
(https://www.sopheon.com/?utm_source=PressRelease&utm_medium=Press&utm_campaign=PR-Gen)
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
(http://www.sopheon.com) .

 

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