About MindMatters Technologies
Managing the Business of Innovation
MindMatters Technologies has developed Innovator™ Enterprise Management System software, which provides advanced oversight and management of the corporate innovation process. Additionally, the Innovator has integrated functionality that provides unsurpassed safeguarding and protection of emerging intellectual property assets. Innovator helps companies to
- Generate growth opportunities and new sources of revenue through innovation
- Accelerate the innovation process, allowing new products and services to be commercialized more quickly and effectively
- Realize the potential of breakthrough innovations
Innovation Based on Experience and Research
An enterprise software organization headquartered in Pittsburgh, MindMatters was founded over a decade ago by seasoned executives with engineering, business development, and intellectual property backgrounds from such organizations as IBM, GE, and Carnegie Mellon. Backed by Mid-Atlantic Venture Funds, a prominent seed/early stage investor with 20 years of experience, MindMatters has maintained profitably and growth since inception.
In developing the architecture for Innovator™, MindMatters completed extensive, first-hand research by visiting and performing executive needs assessments with dozens of organizations ranging in size from 100 employees to Fortune 5, academic institutions, Intellectual Property law firms, and human resource organizations. These results along with substantial marketing research provided a strong substantiation that today, the knowledge capture process, particularly for novel inventions and intellectual property, is highly paper-intensive, manually-oriented, and often poorly defined. Also, with intellectual capital assets comprising more of a company’s valuation today than ever before, it has become increasingly important to manage emerging innovations carefully.
Today, the latest version of the Innovator is deployed to hundreds of thousands users and has been proven across a variety of industries, business processes and geographies nationally, and internationally. We can stand proud that we have a growing client list of premier, world-class companies using the solution we created for the most essential, growth-focused business process that exists today. These accomplishments are a real testament to the dedication, capacity and superb capabilities of our team.
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John Stowell, Director of Innovation, Zep Inc.
"StageTrak is very customizable to your needs. Once it's up and running it's pretty intuitive. It's much simpler to operate than most of its competitors."
"We avoided $750,000 in cost in North American alone last year because we're being more selective and going after better intellectual property."
"Flagpole offers novel social marketing techniques to partner and collaborate with the National Poison Control Center community."
Tom Mauss, Chief Executive Officer
"We were impressed with MindMatters’ entire Step by Step Innovation process. They helped us identify areas where we might fail, and successfully navigated around those obstacles."
"Our R&D idea submissions have tripled over the whole of the previous year."
Gregg Edwards, Chief People Officer
"Allows us to not only capitalize on the brilliance of our employees, but also to collaborate on organizational issues in a much more engaging, satisfying way."
Director of R&D
"The MindMatters software has really worked out for our team. It has enabled us to develop a process that effectively mines the innovative thoughts of R&D. Our invention disclosure count is through the roof compared to pre-MindMatters numbers."
In 2002, 8,254 civil cases related to intellectual property theft were filed in U.S. courts.
U.S. Department of Justice
The fastest-growing U.S. companies tend to foster innovation.
Harnessing Innovation, PriceWaterhouse Coopers
In the middle of difficulty lies opportunity.
All told, 69 percent of the executives who participated ranked innovation as one of their company’s top-three strategic priorities.
Boston Consulting Group Survey
Intellect and innovation are the sources of virtually all economic value, growth, and strategic edge today.
James Brian Quinn, Professor of Management, Dartmouth College
The best way to predict the future is to invent it.
Dr. Alan Kay, Disney Imagineering
One of the cornerstones of successful innovation is the use of Timed Challenges™, a concept originated by MindMatters Technologies that helps guarantee innovation results. Timed Challenges combine the best of business processes and psychology to insure that your organization can rapidly tap the latent intellectual knowledge of your workforce. The Timed Challenge uses: Focused […]read more