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Imaginatik’s Innovation-as-a-Service Solutions Enable Rapid Innovation

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New game-changing solution marries proven methods, consulting and technology to optimize enterprise innovation processes and outcomes

BOSTON, Mass., April 12, 2011 – Imaginatik plc (AIM: IMTK), founder of the idea management technology and services solution category, today released its new Innovation-as-a-Service offering – a new business model that changes the way companies innovate by enhancing bottom-line growth and ensuring sustainable improvement.

Innovation-as-a-Service offers a unique, deep partnership with Global 1,000 organizations that augments their inherent know-how, capacity to innovate and technology platforms to optimize their mission-critical innovation processes. As part of the model, Imaginatik provides the entire back-end framework of innovation for a global enterprise, supporting innovation initiatives with on-site staff, on-demand tools, eLearning and leadership training, and accountability metrics for measurable results.

The Innovation-as-a-Service solution builds on Imaginatik’s nearly 15 years of experience in developing and deploying the best technological and human tools for successful innovation at Global 1,000 enterprises. The company has supported more than 400 innovation projects since its inception.

“At the very same time that Innovation has become a boardroom priority, organizations are struggling to find the expertise necessary to help them achieve optimal innovation results,” said Matt Cooper, chairman at Imaginatik. “It’s no longer a question of ‘Why innovate?’ but how to innovate effectively and efficiently. Imaginatik’s partnerships accelerate innovation outcomes while reducing failure risk by giving the internal innovation team the know-how, best practices, program management and advanced technology to deliver on strategic commitments.”

Imaginatik’s Innovation-as-a-Service consulting methodology has already garnered the respect of forward-thinking organizations that rely on innovation to stay on the cutting edge, including the New York Stock Exchange, NASA and the U.S. General Services Administration. Innovation as a Service enables these and other organizations tap into and fully leverage the expertise and knowledge of their entire networks to solve problems and achieve real, measurable innovation outcomes.

To learn more about Innovation as a Service, visit www.imaginatik.com or make plans to attend the next Innovation Leaders Forum to be held June 15 in Washington, D.C.

For press inquiries please call:

Bryan Mahoney
Imaginatik plc
617-960-4713
bryan.mahoney@imaginatik.com

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