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Qmarkets Review

Qmarkets
Our score: 8.0 User satisfaction: 100%

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.

Overview 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.

Awards & Quality Certificates

An award given to products that have recently entered the market but are already becoming very popular
This certificate is granted to products that offer especially good user experience. We evaluate how easy it is to start using the product and how well-designed its interface and features are to facilitate the work process.

Qmarkets Position In Our Categories

Because businesses have special business needs, it is only rational that they steer clear of subscribing to a one-size-fits-all, “perfect” business application. However, it would be difficult to come across such a software system even among recognizable software systems.
The practicable step to undertake can be to note down the different chief functions that entail research including important features, price plans, skill levels of staff members, organizational size, etc. Next, you must do your product research to a full extent. Read some of these Qmarkets reviews and check out the other solutions in your list more closely. Such well-rounded product investigation makes sure you take out mismatched software products and select the system that meets all the function you require company requires in sustaining growth.

Position of Qmarkets in our main categories:

TOP 200

Qmarkets is one of the top 200 Business Process Management Software products

If you are considering Qmarkets it may also be a good idea to check out other subcategories of Business Process Management Software listed in our base of SaaS software reviews.

Enterprises have diverse needs and requirements and no software platform can be ideal in such a scenario. It is pointless to try to find a perfect off-the-shelf software product that meets all your business needs. The intelligent thing to do would be to modify the system for your unique requirements, worker skill levels, finances, and other aspects. For these reasons, do not hasten and invest in well-publicized trendy solutions. Though these may be widely used, they may not be the best fit for your particular wants. Do your homework, investigate each short-listed system in detail, read a few Qmarkets Business Process Management Software reviews, speak to the maker for explanations, and finally settle for the application that provides what you want.

How Much Does Qmarkets Cost?

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 realize that when you make a decision to buy Business Process Management Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Qmarkets reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with Qmarkets. With that information at hand you should be equipped to make an informed buying 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?

  • email
  • phone
  • live support
  • training
  • tickets

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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.

What integrations are available for Qmarkets?

Qmarkets integrates with the following business systems and applications:

  • Productized
  • Facebook
  • Linkedin
  • 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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Reviewed By Nestor Gilbert
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