Collaboration Platform promotes enterprise innovation.October 8, 2007 -
Leveraging social interaction to support core business activities, spigit Enterprise(TM) helps organizations discover key influencers within their company, engage employees, and turn ideas into actionable solutions. Employees can voice opinions on issues, propose new ideas, and contribute feedback. Based on factors such as participation, community feedback, past conversations, and earned reputation, system uses algorithms to calculate influence of participants and discussions.
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Original Press release
spigit, Inc.
311 Ray St.
Pleasanton, CA, 94566
USA
spigit Enterprise Brings Smart, Social Collaboration to the Enterprise
spigit Expands Its Social Collaboration Platform to Help Businesses Extract and Evolve Innovation and Increase Employee Engagement
SAN DIEGO, Sept. 24 -- Businesses recognize the power of social networks, but to date have not had a way to quantify social interactions and transform ideas into decisions. Today, with the launch of spigit Enterprise(TM) at DEMOfall 07, businesses can now use spigit's smart, social collaboration platform to discover key influencers within their organization, engage employees and turn innovative ideas into real solutions.
"Employee awareness of and participation in online social networks is rapidly accelerating. Companies are searching for ways to introduce online social communities into their work environments in a way that will benefit their business without interfering with employee productivity and, in fact, enhance productivity. spigit Enterprise(TM) is the first collaborative platform that leverages employee social interaction to support core business activities," said Paul Pluschkell, founder and CEO of spigit.
spigit's smart, social collaboration platform has successfully been utilized in multiple online communities; spigit Innovation(TM) is a simulation engine that has given rise to more than 70 start-ups that go on to compete in a virtual stock market. Vote spigit(TM) is an online community where individuals and political experts host intelligent debates on issues and candidates involved in the upcoming U.S. presidential election. Today, with the launch of spigit Enterprise(TM), businesses can now create communities to drive innovation and thoughtful conversation within their own organization.
"To stay ahead of the curve, companies can no longer wait until the quarterly 'offsite' to focus on innovation. Today's enterprises need to weave innovation strategies into their everyday workflow," said Chris Shipley, executive producer of the DEMO conferences. "spigit Enterprise(TM) is the first to systemize the 'magic' in social networks to bring smart, social collaboration to businesses, making the innovation process enjoyable, quantifiable and something in which every employee can participate."
spigit Enterprise(TM) helps any business drive innovation within its own organization by engaging employee participation, evolving ideas into actionable innovation, and allowing the best ideas and key influencers to emerge:
Engage: First, spigit Enterprise(TM) allows companies to build social communities where employees can voice their opinions on issues, propose new ideas and contribute feedback to determine the best ideas for innovation- employees can earn badges, currency and build reputation to become experts, making participation fun and meaningful to the individual.
Evolve: Then, going far beyond the simple ratings and popularity rankings currently used in online social networks, spigit Enterprise(TM) uses algorithms to calculate the influence of participants and discussions within a particular company or department based upon factors such as participation, community feedback, past conversations, reputation and "buzz" to determine who the top influencers are and what the best ideas are within an organization.
Emerge: Finally, spigit Enterprise's(TM) advanced simulation engine allows the best ideas to compete live within an organization, similar to a real market. Managers are provided with deep insight into their organization with a series of metrics and market tested ideas that enable them to make key decisions for innovation.
Today, at the DEMOfall 07 conference in San Diego, CA, spigit founder and CEO, Paul Pluschkell, will showcase how any business can leverage the power locked in the organization to engage employees and accelerate real innovation from within.
About spigit, inc. (http://spigit.com/)
spigit is the only platform for smart, social collaboration that brings advanced algorithms to social networking by extracting relevant meaning from social interactions, enabling the best ideas and contributors to shine. spigit powers a variety of community interest sites, including those for startups (spigit Innovation(TM)), elections (Vote spigit(TM)) and universities (spigit U(TM)). spigit's premier platform for business innovation, spigit Enterprise(TM), engages employees and evolves top ideas and key influencers to make innovation a daily part of an organization.
For more information about spigit Enterprise visit: http://spigit.com/ or http://spigite.com/
About DEMO
Produced by Network World Events and Executive Forums, the semi-annual DEMO conferences focus on emerging technologies and new products, which are hand-selected from across the spectrum of the technology marketplace. The DEMO conferences have earned their reputation for consistently identifying tomorrow's cutting-edge technologies, and have served as launch pad events for companies such as Palm, E*Trade, Handspring, and U.S. Robotics, helping them to secure venture funding, establish critical business relationships, and influence early adopters. Each DEMO conference features approximately 70 new companies, products and technologies. For more information, visit www.demo.com.
CONTACT: Paula Cavagnaro of the Antenna Group, for spigit, inc., +1-415-977-1915, paula@antennagroup.com
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