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Jul 19, 2011

Invention Machine Advances Collaborative Innovation with Latest Software Release

New Goldfire Functionality Automates Collection and Distribution of Relevant Semantic Research to Accelerate Product Development and New Product Introduction.

Invention Machine today announced availability of Invention Machine Goldfire 6.6, the Company’s innovation intelligence platform. The latest release features enhancements that help companies build and foster a collaborative culture for accelerating innovative products and services to market.

Goldfire 6.6 includes several feature enhancements to fuel innovation not only for Goldfire users, but also for other knowledge workers, managers, or executives involved in new product development and introduction processes. Any role needing to understand or remain current on the latest developments in the market, competition, state of the art in technology, progression of patents or IP, or maturation of their corporate product line will benefit from this release. With features such as one-click semantic search, scheduled research email notifications, and access to additional, relevant scientific, engineering, and industry data sources, Goldfire 6.6 empowers innovation workers, management and personnel across the enterprise.

Access to Goldfire’s patented semantic research capability has been enhanced for “one-click search” in this release. Featured on the product’s entry dashboard and other product screens, the new Research query field streamlines and expedites day-to-day research tasks. Users can also selectively toggle between the broad range of patent, scientific, personal and corporate knowledge bases semantically indexed by Goldfire. With one-click, users are presented with answers tailored to their most pressing innovation challenges.

This release improves a company’s ability to collaboratively innovate new products and services through Goldfire’s scheduled research email notifications. Delivered through standard email to multiple individuals or distribution lists, Goldfire automates discovery, alerting, and distribution to the latest development both inside your company and across industries. Communities dependent upon sharing up to the minute developments in technologies, competitive strategies, patents, academic advancements, market shifts, breaking news, or their own internal product development programs can receive timely highlights with hyperlinks to relevant content at their convenience in their email inbox. Scheduled Goldfire research updates not only help engineers and scientists create optimal products, but also help managers and executive tune go to market strategies driving profitability.

Goldfire 6.6 connects product teams to contemporary content to drive product innovation now including several specialized industry sources. New for this release is connectivity to MIT DSpace, a collection containing more than 940,000 scholarly articles from the Massachusetts Institute of Technology; FSTA Direct, the world's leading database of information covering food science, food technology and nutrition from the International Food Information Service (IFIS); and the SPIE Digital Library, a collection containing more than 313,000 research papers, scholarly journals, and eBooks from the International Society for Optics & Photonics.

“Companies in all industries tell us innovation is key to their sustained profitability. Their “secret weapon” is the vast experience, tribal knowledge and domain expertise of their engineers, scientists and researchers but they are challenged to leverage it across teams and disciplines,” said Mark E. Atkins, Invention Machine Chairman, President and CEO. “The innovation platform in Goldfire gives organizations the ability to connect people to that knowledge whether it exists inside or outside the company. With Goldfire, companies gain the capability to insource their product innovation – finding and sharing concepts, collaborating around ideas, strategies and problems and, ultimately, delivering unique products to market.”