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Innovation ROI Estimator

Innovation ROI Estimator

Ideanote’s Innovation ROI Estimator lets you estimate the value of your idea management or innovation program.

ROI after 12 Months

$0

How did we get this number?

Total Ideas
0
Implemented Ideas
0
Total Value
$0
Cost of Subscription
$0
Research suggests ideas submitted by employees are worth an average of $2.350 - some are worth millions.

Measure the Impact of Innovation

Informed Decisions

Understand the financial impact before committing resources.

Strategic Planning

Make data-driven decisions to on the scale of your innovation.

Budget Approval

Lay out risks and rewards as a calculation for budget approval.

How It Works

Customize details such as number of idea collections and value per implemented ideas. The estimator calculates the ROI, presenting a clear picture of the financial return you can expect.

illustration of growth based on innovation
illustration of a plant with lightbulbs

Why Use the Innovation ROI Estimator?

Understanding the potential return is crucial for securing buy-in and allocating resources effectively. Our estimator helps you justify investments and focus on projects with the highest impact.

illustration showing a person gaining value from innovation as calculated in the UI of a roi calculator, on a green gradient background

Go for Measurable Innovation

Frequently asked Questions

How accurate is the ROI estimation?

The accuracy depends on the data provided. We recommend using realistic and well-researched figures for the best results.

Can I use the estimator for multiple projects?

Yes, you can run separate estimations for different projects to compare potential returns.

Is the tool suitable for all industries?

Yes, the estimator is versatile and can be used across various industries and project types. Some industries might have higher value per implemented idea, for example the healthcare sector.