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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.

Qmarkets Position In Our Categories

Knowing that businesses have distinctive business wants, it is only reasonable that they avoid choosing an all-in-one, “perfect” system. Be that as it may, it is futile to try to come across such application even among recognizable software systems. The correct thing to undertake would be to narrow down the several vital aspects that demand analysis like key features, price terms, skill ability of staff members, organizational size, etc. The second step is, you must double down on the research exhaustively. Read these Qmarkets evaluations and scrutinize the other solutions in your list in detail. Such all-encompassing research ascertain you stay away from mismatched apps and subscribe to the one that delivers all the function your company requires.

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 investigate other subcategories of Business Process Management Software gathered in our database of SaaS software reviews.

Each company is different, and can call for a special Business Process Management Software solution that will be designed for their business size, type of clients and employees and even particular industry they cater to. We advise you don't count on finding a perfect app that will be suitable for each business no matter what their history is. It may be a good idea to read a few Qmarkets Business Process Management Software reviews first and even then you should keep in mind what the service is intended to do for your company and your workers. Do you require a simple and straightforward app with just elementary functions? Will you really make use of the advanced tools required by experts and large enterprises? Are there any particular features that are especially practical for the industry you work in? If you ask yourself these questions it is going to be much easier to locate a solid solution that will match your budget.

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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