Brightidea Honors Top 2016 Performers in Corporate Innovation

October 13, 2016 by Business Wire

Cisco and Bristol-Meyers Squibb recognized for exceptional innovation programs

SAN FRANCISCO–(BUSINESS WIRE)–Brightidea, the industry leader in innovation management solutions, announced the winners of its annual innovation awards at the company’s first-ever user conference, Synthesize. Several companies were recognized for outstanding accomplishments in their innovation programs. Among them were Cisco and Bristol-Meyers Squibb.

Following CEO Matt Greeley’s opening keynote, Director of Sales, Brian Brown, announced and personally handed the awards to representatives of the companies who were present.

Bristol-Meyers Squibb won the award for longest-running innovation program—13 years. This has been an outstanding accomplishment, given that innovation has only recently been a part of corporate growth strategy. Thanks in part to its program leader, Tom Hill, Bristol-Meyers Squibb has been ahead of the curve in setting up and sustaining its innovation program. Worthy of note is that during the program’s 13-year period, the company’s stock value has more than tripled.

Cisco took home the award for highest-tracked financial impact in 2016. Since first becoming a Brightidea customer in 2008, the company’s innovation program has come a long way in its development. This year alone, the company tracked a total of $45.3 million dollars in business impact. Proudly accepting the award were four members of Cisco’s innovation team: Nicholas Selk, Marisa Ings, Andrew St. Clair, and Stephanie Hegarty.

In his closing remarks to the awards presentation, Brian Brown announced that Brightidea will be adding a new category to its innovation awards program for 2017: highest qualitative impact. The 2017 awards will be announced at the company’s next user conference.

About Brightidea

As the industry leader in innovation management solutions, Brightidea’s mission is to transform the way companies innovate. With tools that facilitate and streamline the ideation process, Brightidea has developed the right mix of specialized software and curated services to drive success at every stage of the innovation journey. The highly versatile Brightidea platform makes it simple for innovation program leaders to centrally track all of their innovation activities, while unique innovation apps make it easy to set up and compare initiatives, all maximizing the functional and financial impact of corporate innovation efforts.

Media Contact
Nikitas Magel
Brightidea
nmagel@brightidea.com