Sopheon
Encyclopedia
Sopheon Corporation is a U.S.-based software developer with operating units in the United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

 and the Netherlands
Netherlands
The Netherlands is a constituent country of the Kingdom of the Netherlands, located mainly in North-West Europe and with several islands in the Caribbean. Mainland Netherlands borders the North Sea to the north and west, Belgium to the south, and Germany to the east, and shares maritime borders...

. It sells product lifecycle management
Product lifecycle management
In industry, product lifecycle management is the process of managing the entire lifecycle of a product from its conception, through design and manufacture, to service and disposal...

 (PLM) software called Accolade, that features strategic product roadmapping, ideation, and innovation process execution. Accolade is most commonly categorized as a product portfolio management (PPM) application. Sopheon is listed on the Alternative Investment Market
Alternative Investment Market
AIM is a sub-market of the London Stock Exchange, allowing smaller companies to float shares with a more flexible regulatory system than is applicable to the main market....

 of the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...

 and on the Euronext
Euronext
Euronext N.V. is a pan-European stock exchange based in Amsterdam and with subsidiaries in Belgium, France, Netherlands, Portugal and the United Kingdom. In addition to equities and derivatives markets, the Euronext group provides clearing and information services...

 in the Netherlands.

Product

Sopheon's Accolade product portfolio management suite provides four sets of capabilities:
  • Idea development and management
  • Innovation management
  • Integrated portfolio prioritization
  • Dynamic resource alignment for product management
    Product management
    Product management is an organizational lifecycle function within a company dealing with the planning, forecasting, or marketing of a product or products at all stages of the product lifecycle....

     planning


Specific Accolade modules include:

Accolade Vision Strategist, which structures and automates market, technology and product planning and standardizes product roadmapping processes.

Accolade Idea Lab, which supports the generation, collection, and evaluation of ideas, enabling users to collaborate on the development of the most commercially promising concepts.

Accolade Process Manager, which automates Stage-Gate
Stage-Gate model
A stage–gate model, also referred to as a phase–gate process, is a project management technique in which an initiative or project is divided into stages separated by gates. At each gate, the continuation of the process is decided by a manager or a steering committee...

 PACE, DoD 5000 modeling, DFSS
Design for Six Sigma
Design for Six Sigma is a separate and emerging business-process management methodology related to traditional Six Sigma. While the tools and order used in Six Sigma require a process to be in place and functioning, DFSS has the objective of determining the needs of customers and the business, and...

, and other new product development methodologies with a centralized best-practice system that supports process execution from the time a product is conceived until it is retired from the marketplace.
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