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Summary
September 20, 2004 - The innovation management technology market looks a lot
like the CRM marketplace a decade ago, a lot of silo applications with no clear
market leader that is ripe for a shake-up. In the CRM market an upstart (Siebel)
was allowed to grow and dominate the space before ERP vendors began to fight
back. Ventana Research believes it will be harder for this to happen in the
innovation management technology market. Instead, the battle will be between
two industry titans: Microsoft and SAP.
Ventana Research’s IPM practice began with the recognition of an innovation value chain supported by an innovation business process. The value chain delivers ideas, deliverables and intellectual capital. The business process that supports this value chain is concerned with generating, converting and realizing innovation. The innovation management technology market supplies software tools and applications that support the innovation value chain and business process.
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