NineSigma, Inc.
Business type
Open Innovation
Service/product description
NineSigma helps Global 1000 companies engage with the global innovation community and enable their organizations to more effectively adopt external knowledge and resources. In addition to finding innovative solutions for its clients, NineSigma provides business and technology intelligence that support and validate a client’s strategic business decisions. Companies such as GlaxoSmithKline, Kraft, Coca-Cola, Philips, Unilever and Xerox utilize NineSigma’s open innovation services to help fill product pipelines, solve immediate challenges, and integrate new knowledge and capabilities into their organizations. As one of the longest-standing open innovation intermediaries, NineSigma draws on its vast open global network of innovators to create cross-industry and cross-discipline connections for its clients to augment their internal innovation capabilities.
What does 'openness' mean in this case?
NineSigma facilitates innovation partnerships between all types of organizations around the world. Although their clients are typically Global 1000 in size, NineSigma connects companies with equally large companies, research organizations, small companies and individual entrepreneurs. Understanding that sometimes it is difficult for large and small companies to partner given IP concerns and different approaches to joint-development, NineSigma provides the tools that enable vastly disparate organizations to come together to create innovative new products and solutions. By demonstrating the value of collaborative innovation, NineSigma helps transform a company’s innovation culture from “Not Invented Here” to “Proudly Found Elsewhere”. This “open” approach is setting the new standard for how businesses will compete and thrive in the global economy.
6 Responses to “NineSigma, Inc.”
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NineSigma is a great company — dedicated employees and always looking to satisfy the client and potential solution providers.
The broad reach of NineSigma to identify multiple possible OI partners for assessment is their greatest strength. To the best of my knowledge the capability is uniquely NineSigma’s.
Ninesigma’s approach to Open Innovation is a most efficient way for companies in need of new products or technology to reach those who might have the solution in hand or at least in an idea. The cost and possible anonymity of doing this is nominal compared to the possible reward at the end of the process.
I think it’s great what NineSigma does in the field of OPEN innovation, helping research labs and small companies to find new markets and funding sources to further develop technologies.
One party has the technology and the other party needs it. By matching them NineSigma helps to accelerate the innovation process in order to improve the competitive edge.
While others boast the ability to drive open innovation, no one can do it to both the breadth and depth of NineSigma. Its constant creativity in accessing solution providers and knowledge goes beyond what people new to the open innovation concept can often conceive. For those companies looking to accelerate the process from idea creation to product sale/ROI, NineSigma is the ideal partner.
There is a magic in NineSigma’s work that can be seen in startling clarity when the ‘unexpected connections,’ for which they are famous, happen. Whether it be a supplier in the automotive industry providing a technology for the consumer products industry, or a dairy farm in the Ukraine proviing a technological solution for a US plasma company, or a large multinational firm finding a technology solution from a company only a mile away, NineSigma has a process that consistenly produces amazing results.