Spigit is a crowdsourcing software for “ideation management.” The platform uses “data science and algorithms to help the crowd select, predict, and advance only the best ideas – and prevent herd behavior.” On the platform, posted ideas can be discussed, rated, and reviewed by company employees. Mechanisms for risk analysis, cost projections, and profit forecasts further aid the ideation process. Spigit algorithms elevate the top ideas and comparisons can be made in a comprehensive visualization.
From the about page:
Using sophisticated analytics built on advanced mathematics, Spigit takes us beyond information gathering and analyses to real time decision making and meaningful prediction. Spigit’s advanced algorithms and business process allows you to capture and compute all of your employees’ unstructured published data while simultaneously filtering out the noise and discovering intelligence. By employing game theory, currency, idea trading, rewards, and rich dynamic reporting Spigit allows you to get the most out of your key assets.
How does it work?
Spigit was founded in 2007. As of September 2013, Spigit has been merged with San Francisco, CA-based “Mindjet”:https://www.mindjet.com/. The company also had offices in London and Sydney.