Spigit Adds App to Manage Idea-generating Competitions

Spigit, an enterprise collaboration software vendor focused on idea generation and management, has developed a product for automating contests and competitions involving a company's customers.

ContentSpigit can be used in conjunction with the company's innovation management platform or as a stand-alone application. It costs US$5,000 per month for one contest site and an unlimited number of users.

ContentSpigit lets companies design idea-generation contests of different formats. For example, a contest may be structured so that visitors vote to determine the finalists, and then the company chooses the winner, or vice versa. It also lets companies assign different weight to the opinions of different people, as well as manage the awards of virtual currency as part of the contest.

"Spigit is really involved in goal-driven collaboration. We specialize as much with software algorithms to help you find the best ideas as with behavioral science methods to help increase participation," said Paul Pluschkell, Spigit's CEO and co-founder.

Spigit's full innovation management platform comes in two versions. The Enterprise edition costs between $35,000 and $300,000 per year, while the version for small and medium size businesses costs $5 per user per month for up to 500 users.

Software that helps companies manage the process of collective brainstorming is becoming increasingly popular. In addition to vendors that focus on this market like Spigit, providers of broader collaboration suites like Jive and NewsGator are also incorporating idea management functionality into their products. Spigit's customers include Cisco Systems and Pfizer.

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