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NineSigma RFS Open Innovation Service Connects Innovation Seekers With "Known" Solutions
Request for Solution Service to Help Bring New Technologies to Market Faster
| Source: NineSigma, Inc.
CLEVELAND, OH--(Marketwire - May 28, 2008) - NineSigma, the leading provider of
open innovation (OI) solutions, today introduced its new Request for
Solution (RFS) service, which quickly connects innovation seekers
with existing and readily available technology solutions. RFS helps
companies bring new technologies to market using known solutions from the
global innovation community. The RFS is based upon the principles of
NineSigma's successful Request for Proposal process, which connects
companies to technologies with longer term development cycles.
Companies that use the RFS process come to NineSigma with a need and a
belief that a possible solution already exists on the market, yet have not
been able to find it within their own network. As part of the RFS process,
NineSigma's program management team works with clients to define the
business need, which is then crafted into a time-sensitive request and
distributed globally to a targeted audience of potential solution providers
from multiple industries and technical disciplines.
"The RFS process is a great way for companies to find a missing ingredient
or complementary technology that can help complete the development of a
company's innovation," said Paul Stiros, president and chief executive
officer of NineSigma, Inc. "Clients come to us with a firm belief that an
ingredient or technology exists in the public domain, and they are
confident that we can help them find it through our proprietary process and
unrivaled innovation network. With every RFS that we send, we
reach a targeted group of solution providers that are often found outside
our clients' circles and communities, and the results continue to validate
our approach and methodology."
Once the RFS is posted and distributed, NineSigma continues to serve as an
intermediary for the client by collecting the responses and working with
them to evaluate and identify applicable solutions. NineSigma can also
assist clients in negotiating partnerships, or technology licensing or
acquisition with solution providers.
For more information on NineSigma's RFS service offering, please contact
(216) 295-4800 or visit www.ninesigma.com.
About NineSigma
NineSigma partners with Global 1000 companies to help transform their
innovation capabilities and overcome business and technology challenges by
connecting them with solutions not readily available in the public domain.
NineSigma's proprietary process for Open Innovation
enables companies to dramatically improve speed to market while lowering
product development costs. NineSigma's open network of innovators is the
largest of its kind and spans industries, geographies and technical
disciplines. Companies such as DuPont, GlaxoSmithKline, Kraft, P&G,
Philips, Unilever and Xerox engage NineSigma to build new innovation
capabilities that leverage research and innovation globally to deliver
greater value to their customers. NineSigma is a private company with
offices in the United States, Belgium and Japan. For more information
visit: www.ninesigma.com.