How AI-Powered Agile Innovation Management Company Planbox Is Driving Innovation

By Amit Chowdhry ● August 26, 2019
  • Planbox, a leading provider of cloud-based AI-powered agile innovation management solutions announced several recent major milestones. Here are some examples.

Planbox is a leading provider of cloud-based AI-powered agile innovation management solutions. Recently, the company announced a few milestones.

For example, Planbox released a report that provides an overview of the company’s innovation management tools, ambitious roadmap, and growth plan. This report was published by research and advisory firm 451 Research.

“Planbox’s main value proposition is to more accurately and readily discover problems that can lead to breakthrough opportunities, and to manage the execution of ideas, concepts, and innovations via the company’s suite of tools. The company offers a cloud-based solution for agile innovation management – beginning in the discovery phase, and ending in experimentation and launch. Planbox’s solution platform has been rebranded as Agile Innovation Suite,” says the report. “Planbox functions as a system of record for all innovation activities – from crowdsourcing to agile project tracking. The company leverages AI to power its search technology, to better discover information internally or from a multitude of external data sources, freeing up time for employees to focus more on managing and executing plans successfully.”

The 451 Research report also pointed out that Planbox’s products are built for the C-Suite as well as roles that require continuous feedback loops for measuring success like R&D, marketing, HR, and new product development. And the 3 main focus areas are continuous improvement, breakthrough innovation, and corporate venturing.

Planbox’s target customers include agile-focused enterprises. And the company has expertise catering to a variety of agile use cases thus giving Planbox a “unique upper hand in the innovation management space.” Currently, Planbox has more than 400 enterprise employments with more than 2 million active users. Planbox’s customers include Blue Cross, Cargill, Caterpillar, Dow Chemical, Exxon Mobil, Honeywell, Novartis, John Deere, Whirlpool, and Verizon.

Recently, Planbox also partnered with the Royal Canadian Navy (RCN). The RCN is going to trial Planbox’s AI-powered cloud-based agile innovation management solution as part of its innovation program.

“Through the PSPC Built in Canada Innovation Program, the RCN has partnered with Montreal-based Planbox to trial their innovation management solution. As a matching agency for this technology, access to this tool will support the RCN’s focus on becoming a more agile, digitally-enabled organization,” said Rear-Admiral Casper Donovan of the Director General Future Ship Capability.

Planbox is going to provide an innovation management platform through which the RCN’s innovation program can gather insights from defined external data sources and centralize key information in relation to specific problems it is solving, allowing it to accordingly leverage its technology experts to develop the appropriate solutions.

“Working with the Royal Canadian Navy has been an incredible experience as we have enabled them to strategically map out their innovation portfolio and define their targets,” added Arthur Liberian, the Senior Innovation Advisor at Planbox. “We have helped them significantly in their pursuit for tangible innovation results by giving them the ability to view strategic information about their innovation portfolio on demand, allowing them to identify their most impactful opportunities.”

And the RCN is intending to use Planbox’s powerful crowdsourcing capabilities to develop, evaluate, vet, rank and score ideas to help with its mission to improve conditions for investment, and enhance Canada’s overall innovation performance.

”It is an absolute honor for both myself and the Planbox team to have this one-of-a-kind opportunity to help our brave men and women in the Navy accelerate their operational agility,” acknowledged Ludwig Melik, the CEO at Planbox.

Melik was recently named a finalist in the Ernst & Young LLP (EY) Entrepreneur Of The Year 2019 Awards program for the Quebec region. The Quebec finalists this year employ nearly 6,600 people and generate annual revenues of more than $2 billion. Luc Charbonneau, CPA, CA — the EY Entrepreneur Of The Year Quebec Program Co-Director — pointed out that one of the biggest shifts has been towards technology adoption.

“Whether it’s starting new companies, adopting digital tools or acquiring new capabilities, these entrepreneurs are weaving technology into everything they do to improve agility and gain a competitive edge,” Charbonneau commented.