Open Product Development – Take Open Innovation to the Next Level

How to make Open Innovation profitable for your company. Solvster demonstrates how to take open innovation to the next level and gain commercial benefits for companies

(I-Newswire) March 6, 2010 - LANGENZERSDORF, AUSTRIA, March, 2010 – Solvster demonstrates how to take open innovation to the next level and gain commercial benefits for companies

Solvster.com the first global open product development platform supports all steps in the front-end of product development connecting companies and consumers to collaborate from the trend identification to the idea screening.

“As we launched Solvster.com we knew that many consumer goods and services companies have a strong push to optimize their product development processes. Now we also can demonstrate that our solution is supported and demanded by the consumers.” said Ulrike Eglhofer. “Our TrendQuest on “The future of Product Development” unveiled that consumers believe that companies can profit from collaborating with them in developing new product ideas. And the great thing is – consumers are ready to spend time on creating and sharing product ideas”

More than 800 votes unveiled that over 90% of consumers registered on Solvster.com are expecting companies to collaborate closely with consumers in developing new products in future. They even foresee that companies will not only collaborate to generate ideas, but also engage with consumers in the design and technical realization of new products.

Consumers are ready for Open Product Development. Almost 100% of our Solvster.com members are willing to share product innovation if seen as equal partners and get incentivized for it. Solvster’s concept is accepted by consumers, which is demonstrated by the fast growth of the member base to more than 4000 registered consumers from over 70 countries in only two months.

Interested companies can get access to Solvster’s TrendQuest results for free.

For additional information please contact:

Ulrike Eglhofer
Managing Director
Solvster GmbH
Phone: +43/664/3433237
Web Site: solvster.com
E-Mail: office@solvster.com

About Solvster.com
Founded 2009, solvster.com provides a global platform for companies to collaboratively develop new product ideas.