TIDMSPE
Sopheon PLC
13 July 2021
SOPHEON PLC
("Sopheon" or the "Company")
Sopheon Drives Business Transformation with New Accolade
Release
Industry-leading innovation management platform connects
corporate strategy to portfolio planning and execution processes,
resulting in deeper insights and faster time-to-action
Sopheon, the international provider of software, expertise and
best practices for enterprise innovation management ,
today announced the latest release of Accolade, the
industry-leading enterprise innovation management solution. At the
heart of any digital transformation, companies of all sizes embark
on critical innovation and product programs requiring product
professionals to reduce risk and speed time to market. Today's
Accolade's release helps organizations achieve this in several
critical ways.
Clearer visibility into Innovation management and product
development activities
Clearer visibility starts with having complete information on
your innovation and product programs requiring information such as
financial results, forecasts, and project information contained in
other systems. This release adds powerful integration capabilities
enabling off-the-shelf integration with over 100+ third-party
systems like Atlassian Jira, Salesforce, and SAP. Accolade
minimizes the delays and mistakes that many innovation and product
programs face by enabling clear visualization and accurate
reporting. Enhancements featured in this release further enable
stakeholders to make informed and timely decisions, reduce the time
spent on reporting and analysis, and give users a faster path to
uncovering critical insights.
Greater alignment between projects, programs, and product
portfolios
Accolade helps innovation and product professionals quickly,
easily, and efficiently execute next steps confidently and enjoy
the value achieved from product portfolios and products. As a
result, product professionals can gain valuable insights into
innovation projects and portfolios, uncover trends, identify issues
before they escalate, and effectively course-correct problems
throughout the product life cycle.
Richer user experience
The latest release of Accolade features a new Rich Text
formatting of information and the ability to conditionally show
data and other improvements as part of an improved user experience
by reducing reliance on external documents. Rich Text provides
non-textual information within projects and portfolios and makes it
easier to create, link, and label different items needed to support
products, programs, and projects. The solution also expands and
simplifies search functionality and adds flexibility for showing
and hiding information based on specific conditions. The
culmination of these improvements gives Accolade users greater
access to the information they need when they need it.
Easier User Feedback Capabilities
This release of Accolade introduces a complete product
enhancement system that simplifies user feedback and empowers
Sopheon's worldwide user community. This new feature replaces
manual processes and widens the range of users within an
organization that can provide valuable feedback for Sopheon to
address issues, enhance popular features for future revisions, and
help the company envision innovative new features that address the
changing landscape of portfolio, product, and project
management.
"Accolade gives product professionals at all levels the edge
they need to make the most informed, accurate, and timely
decisions, regardless of the challenges they face," said Michael
Bauer, Chief Product Officer of Sopheon. "From microprocessor
shortages to supply chain delays and myriad other product
development obstacles, product planning and execution is often
unpredictable. It's imperative that all stakeholders are on the
same page and have access to timely data. With just the click of a
button, Accolade provides a real-time view of an organization's
products, programs, and projects. Coordination among all
stakeholders results in more successful product campaign outcomes,
and it often ignites a spark for future innovation."
For further information contact:
Andy Michuda (Executive Chairman) + 44 (0) 1276
Arif Karimjee (CFO) Sopheon plc 919 560
Carl Holmes/Edward Whiley (Corporate
Finance) + 44 (0) 20 7220
Alice Lane (ECM) finnCap 0500
Sopheon and Accolade are trademarks of Sopheon plc. All other
trademarks are the property of their respective owners.
About Sopheon. Sopheon (LSE: SPE) partners with customers to
provide complete enterprise innovation management solutions
including software, expertise, and best practices, that enable them
to achieve exceptional long-term revenue growth and profitability.
Sopheon's Accolade solution provides unique, fully-integrated
coverage for the entire innovation management and new product
development lifecycle, including strategic innovation planning,
roadmapping, idea and concept development, process and project
management, portfolio management and resource planning. Sopheon's
solutions have been implemented by over 200 customers with over
60,000 users in over 50 countries. Sopheon is listed on AIM,
operated by the London Stock Exchange. For more information, please
visit www.sopheon.com .
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END
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