Exago is collaborative innovation management software that powers your business growth. We’ve given a voice to over a million people, activating their collective intelligence to find solutions for key corporate challenges.
Case study: Portugal Telecom
Portugal Telecom was founded in 1994 and is headquartered in Lisbon, Portugal. As of January 2014, the company is the largest telecom provider in Portugal with a market cap of $4 Billion, $6.6 Billion in revenues, and more than 11,000 employees.
Challenge Benefits:
- To define a transversal innovation strategy shared by the company’s 11,000+ employees
Solution:
- A structured innovation program open to entire organization
- Exago Idea Market used as the fundamental collaborative idea management tool to support this program, providing a solution to capture and collate ideas, enrich suggestions through comments, and help identify the best ideas
- The tool integrates an evaluation engine that mimics the functioning of a stock market, with virtual credits being invested by the participants to help select the best ideas
• More than 7,000 employees joined the platform
• More than 5,000 ideas have bee validated so far.
• $38 Million in annual savings from employee’s ideasImprovements:
- 44% improvement in employee engagement over four years (from 58% in 2008 up to 84% in 2012)
- 67% of all employees engaged
- The Exago Idea Market helped increase employee satisfaction by providing them a platform to voice their creativity
Exago is based in Lisbon, Portugal but also have offices in London, UK and São Paulo, Brazil.
Exago’s module can be integrated with platforms such as Microsoft Sharepoint, Facebook and Jive. Web and mobile versions are also available.
https://www.exago.com/