Qmarkets Review
What is Qmarkets?
Qmarkets is an innovation management software provider, offering a variety of products to help enterprise-grade clients leverage the wisdom of the crowd. Qmarkets’ configurable software platform allows users to collaborate around specific innovation initiatives – submitting their ideas and voting on others. Once ideas have been submitted to the platform, a panel of designated experts can evaluate, develop, and implement them, as well as monitor their progress to ensure ROI.
With renowned customers such as Ford, Nestle, and Lufthansa, Qmarkets provides powerful collective intelligence products designed to assist companies at all stages of their innovation journey. These products can facilitate open innovation (Q-open), internal ideation and employee engagement (Q-ideate), workflow improvement (Q-optimize), as well as tech scouting (Q-scout).
Qmarkets collective intelligence solutions are available in three unique editions. These include Start (a feature-rich turnkey solution for creating idea initiatives), Flex (a more advanced solution offering powerful self-admin capabilities) and Max (the comprehensive edition, offering custom-integration).
Qmarkets delivers the ideal software platform for corporations looking to capture game-changing ideas, embed a thriving innovation culture, and fortify themselves against market disruption. Qmarkets also complements its value proposition with a commitment to customer success. It has a global team that’s supported through professional services, best practices, training, and workshops.
Show MoreOverview of Qmarkets Benefits
To survive on the modern disruptive corporate landscape – where small start-ups can rapidly gain an edge over large-scale enterprises – innovation is crucial. It’s predicted that digital disruption will wipe out 40% of Fortune 500 firms in the next 10 years. As such, companies need to invest more in capturing ground-breaking ideas. Often, these ideas spring from the least likely sources, so it’s critical that organizations take as broad an approach to innovation management as possible to retain a competitive edge.
Naturally, large-scale enterprises tend to expend the majority of their time and resources on maintaining their position through established practices. However, this can result in profitable ideas going unnoticed. Qmarkets changes the equation, providing organizations with the tools they need to capture, refine, and implement more lucrative ideas via well-structured innovation initiatives.
Key Benefits of Qmarkets Software:
- Promotes continuous improvement to assist companies to cut costs and reduce waste,
- Improves employee engagement and satisfaction by giving employees an avenue to post creative ideas,
- Empowers companies to tap into a broad array of audiences, and harness disruptive new ideas for products and services,
- Simplifies the process of embedding a thriving (and scalable) innovation culture,
- Optimizes corporate scouting opportunities and provides data for lucrative M&A opportunities, and
- Prioritizes a commitment to customer success through best-practices, training, professional services, and workshops, among others.
Overview of Qmarkets Features
- Responsive Design
- Custom evaluation workflow/s
- Multi-tenancy and subsystems
- Powerful self-admin tools
- Homepage customization features
- Project management functionality
- Gamification features
- Custom submission forms
- 2 deployment options
- Personalized communication
- Seamless integration with pre-existing enterprise architecture
- Comprehensive security features
What Problems Will Qmarkets Solve?
1) Calculating ROI
Although many companies are quick to appreciate the importance of innovation, the problems arise when considering which innovation initiatives will deliver ROI (rather than a loss). Q-ideate – Qmarkets’ idea-management solution allows C-suite decision makers to tap into the expertise of their employees to gather ideas for new products and services, as well as improvements for internal processes. Q-ideate also offers collaboration and gamification features, allowing corporations to engage their employees, and embed a lasting culture of innovation.
2) Breaking Silos and Ensuring Stakeholders are Heard
Historically, corporate innovation efforts have been siloed within research labs and boardrooms. However, it’s now important to employ an open approach to innovation, which incorporates customers, partners, and sometimes even competitors. Q-open is a solution designed specifically to involve large numbers of external shareholders into an ideation process through open innovation. Open Innovation is defined as using external sources of knowledge to drive innovation within an organization. This includes a company receiving ideas from customers, partners, expert communities, scholars, or any other conceivable external stakeholder.
3) Achieving Agility
Due to their size, large-scale companies are often more cumbersome and less agile when embarking on new innovation initiatives. Qmarkets’ Q-optimize tool has been developed to help companies execute measures which will promote continuous improvement, as well as streamline an enterprise’s ideation processes. Q-optimize can also help organizations looking to cut costs and reduce waste.
4) Securing M&A Opportunities
Many leading companies realize that mergers and acquisitions can present lucrative opportunities, but they lack the means to effectively manage the process. A sophisticated system is required to ensure valuable M&A opportunities are properly identified, evaluated, and acted upon. This is where Qmarkets’ Q-scout comes in. This product allows global enterprises to seamlessly align their M&A activities with their objectives and personnel. Q-scout also integrates with internal crowdsourcing projects, making it easy to manage all enterprise innovation activity in one location.
Qmarkets Position In Our Categories
Since companies have special business demands, it is rational that they steer clear of going for a one-size-fits-all, ”best” software solution. Regardless, it would be futile to try to find such a software system even among well-known software systems. The sensible thing to do should be to list the several chief aspects that demand consideration like crucial features, packages, technical skill ability of the employees, business size, etc. Next, you must double down on your research comprehensively. Have a look at these Qmarkets evaluations and check out the other software programs in your list in detail. Such detailed research ensure you take out unsuitable apps and buy the system that meets all the tools your business requires for success.
Position of Qmarkets in our main categories:
TOP
200
Qmarkets is one of the top 200 Business Process Management Software products
If you are interested in Qmarkets it may also be beneficial to examine other subcategories of Business Process Management Software collected in our database of SaaS software reviews.
It's essential to realize that virtually no software in the Business Process Management Software category will be a perfect solution able to meet all the goals of all business types, sizes and industries. It may be a good idea to read a few Qmarkets Business Process Management Software reviews first as specific solutions can excel only in a very small group of applications or be designed with a really specific industry in mind. Others might operate with an idea of being simple and intuitive and therefore lack complicated features desired by more experienced users. There are also software that support a broad group of customers and give you a rich feature toolbox, however that in most cases comes at a higher price of such a service. Be certain that you're aware of your requirements so that you buy a solution that offers exactly the elements you look for.
How Much Does Qmarkets Cost?
Qmarkets Pricing Plans:
Free Trial
Quote-based Plan
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What are Qmarkets pricing details?
Qmarkets Pricing Plans:
Free Trial
Quote-based Plan
Contact vendor
Contact Qmarkets for enterprise pricing information and other product details. You can also submit a request for a demo to see if the software is a perfect fit for your business.
User Satisfaction
Positive Social Media Mentions
23
Negative Social Media Mentions
0
We are aware that when you decide to get a Business Process Management Software it’s crucial not only to learn how experts rank it in their reviews, but also to check if the actual people and businesses that use this software are indeed satisfied with the product. Because of that need we’ve designer our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and Qmarkets reviews across a broad array of social media sites. The data is then displayed in a simple to digest way revealing how many users had positive and negative experience with Qmarkets. With that information at your disposal you will be ready to make an informed business decision that you won’t regret.
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Technical details
Devices Supported
- Windows
- Linux
- Android
- iPhone/iPad
- Mac
- Web-based
Deployment
- Cloud Hosted
- On Premise
Language Support
- English
Pricing Model
- Quote-based
Customer Types
- Small Business
- Large Enterprises
- Medium Business
What Support Does This Vendor Offer?
- phone
- live support
- training
- tickets
What integrations are available for Qmarkets?
Qmarkets integrates with the following business systems and applications:
- Productized
- Sharepoint
- Yammer
- Active Directory (AD) – SSO & LDAP
- Jive
- Jira
- SAP HP & PM
- Google Group
- SalesForce Chatter
- Slack
- Various portals (SAP NetWeaver, IBM and others)
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