Productable is an innovation management platform that utilizes a patent-pending process to streamline decision-making and resource allocation for organizations, enabling them to develop capabilities more efficiently. By providing performance data and portfolio dashboards, it reduces the risk of failed investments and accelerates the path to successful program outcomes.
Funding
$100K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Organizations often struggle to efficiently allocate resources and make informed decisions regarding innovation initiatives, leading to wasted investments and delayed capability development. Traditional decision-making processes can be subjective and lack the data-driven insights needed to assess the potential of new programs or technologies.
Solution
Productable offers an innovation management platform designed to streamline decision-making and optimize resource allocation for organizations seeking to develop new capabilities. The platform employs a structured, patent-pending process that guides users through key stages of innovation, from initial concept to successful implementation. By providing performance data, portfolio dashboards, and standardized milestones, Productable enables leaders to make objective decisions, reduce the risk of failed investments, and accelerate the path to successful program outcomes. The system facilitates collaboration among portfolio managers, innovators, and collaborators, ensuring alignment and efficient progress tracking.
Target Audience
Productable is designed for portfolio managers responsible for resource allocation, innovators seeking support and guidance, and collaborators involved in driving best practices within organizations.
Features
- Standardized milestones to organize the innovation process
- Portfolio strategy tools to manage multiple concepts and reduce risk
- Adaptive methods to identify the right resources for each stage
- Data-driven feedback mechanisms for accelerated progress
- Portfolio dashboards for objective decision-making
- Tools for identifying and resolving barriers to innovation