Project description
New cooperation technology to drive innovation
Large companies need fresh ideas and the right people engaged to make their goals a reality. But it's not easy when realisation of the idea depends on large hierarchical structures. The EU-funded innosabi GALAXY project will provide agile innovation technology and its active way of collaboration with big clients, like those already participating in a pilot process: Bayer and Siemens. The inscape GALAXY new platform changes the way of introducing innovations in corporations by hitching all present utensils with external databases to create ecosystems that ease the most intense cooperation. The result will be dramatically greater engagement of employees and shorter time for bringing novelty products to the market.
Objective
In Innovation Management, all large corporations face the same challenge: they lose the overview of available competencies, knowledge, and direct contact to their stakeholders for innovation. Hierarchic structures lead to long decision-making that cripples the corporation in their innovation and product development. To sustain in international competition, they need digital, simple and effective solutions to implement open, agile innovation management. innosabi is a place where talented individuals build the tools and methods to change the way ideas and innovations emerge. We are one of Europe’s leading providers of software solutions for innovation management with many well-known customers, like Daimler, Bayer, Siemens, and Allianz. innosabi is more than software. We don’t just develop the technology for Agile Innovation. We create new methods, advocate the power of open collaboration, and share our insights with politics, corporations, and other like-minded companies. We want to actively shape the future as pioneers and thought leaders. Not only with our technology but by living and practicing the mindset and principles we believe in. In collaboration with our pilot customers Bayer and Siemens, we develop the next disruptive solution for agile innovation: innosabi GALAXY. innosabi GALAXY unites all existing tools for collaboration with employees, suppliers, and customers, and implements external knowledge databases and communities, like CrunchBase or LinkedIn. By using our platform, customers could generate and process proposed ideas 2x faster, increase the participation rate by 5, have 200x more employees participating in idea generation, gain market insight 6x faster and reduce the time to market of products by 30%. With a year on year growth of our turnover of 40% since 2015, innosabi GALAXY and the SME Instrument funding we will reach the next milestone to boost company growth from 2.8 M€ (2018) and 45 employees to a turnover of 16.3 M€, 140 employees in 2023.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- natural sciences computer and information sciences software
- natural sciences computer and information sciences databases
- social sciences economics and business business and management innovation management
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
MAIN PROGRAMME
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H2020-EU.3. - PRIORITY 'Societal challenges
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H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-2 - SME instrument phase 2
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-EIC-SMEInst-2018-2020
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
81675 Munchen
Germany
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.