RCS - Sopheon PLC - New Release of Award-winning Innovation Product

SopheonAnnouncement

01/09/2022 07:00

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RNS Number : 8145X  Sopheon PLC  01 September 2022

SOPHEON PLC

("Sopheon" or the "Company")

 

New Release of Award-winning Innovation Product

 

Sopheon, the leading international provider of software and services for
Enterprise Innovation Management solutions, today announced a series of
enhancements and additions to its award-winning innovation management product,
Accolade®. Sopheon customers will benefit from stronger collaboration
capabilities, expanded data metrics, and additional financial modeling, all
within a highly secure environment.

 

Using Accolade, Sopheon's long-standing blue-chip customers across a diverse
range of industries have experienced superior strategy-to-execution
performance, reduced time-to-market, improved efficiency, and greater product
success rates.  Benefits of the latest enhancements include:

 

·       Greater team collaboration with standardized access to timely
communication and smooth transitions

·       Increased financial data metrics that leverage integration with
ROI Blueprints, acquired by Sopheon in December

·       Improved portfolio navigation between multiple projects within
a portfolio to assist decision making

·       Expanded authentication with OpenID Connect, a protocol used by
a variety of security access identity providers

 

"Successful innovation is driven by collaboration, context and clear
communication around new and product-line extension initiatives," said Michael
Bauer, chief product officer of Sopheon. "By addressing all three areas with
our latest enhancements and strengthening our security and out of the box
financial capabilities, companies innovating with Accolade and other Sopheon
innovation management products will experience greater efficiencies and faster
time to value."

 

Sopheon's leadership in innovation management was highlighted in the
comprehensive MarketsandMarkets™ report on the Innovation Management Market.
Sopheon was listed in the "Stars" category, the highest recognition. Sopheon
was described as one of the leading players in the innovation management
market thanks to the company's "robust and wide range of products and
solutions in the innovation management category." Sopheon is in a select
ranking alongside other leaders, such as Accenture, SAP and KPMG.

 

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/Sunila da Silva (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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