Collaboration, Innovation process, Product development

A New Era of AI-Powered Innovation Execution By Deana - 3 min read

A New Era of AI-Powered Innovation Execution

Platform Services acquired Innovation Cloud. The merged company operates as Platform Services, with Innovation Cloud as its unified innovation brand.

This isn’t just a merger. It’s the beginning of a new kind of platform that doesn’t just help you capture ideas but execute them intelligently, at scale, and with measurable impact.

The unified platform will continue under the Innovation Cloud brand. It now brings together three powerful products: the Integrated Project Management Platform - IPMP for structured portfolio management, IPMP Cortex for AI-project assistance, and Crowdsourcing for capturing external insights — all within a single, end-to-end innovation system.

Why This Merger Matters

Innovation Cloud has long been trusted for its robust capabilities in idea management, portfolio tracking, and structured innovation workflows, making it the go-to platform for capturing and organizing innovation efforts.

Platform Services, on the other hand, built its reputation with an Integrated Project Management Platform tailored for executing complex new product development initiatives. With the introduction of Cortex, its proprietary AI execution engine, Platform Services redefined how innovation moves from plan to product.

By combining forces, we’re creating an end-to-end innovation system that brings together:

  • Comprehensive Framework for Product Development
  • AI-Driven Decision Making and project execution
  • Market Performance Tracking
  • Portfolio Simulation for Long-Term Growth

Enter Cortex: AI That Powers Innovation with Precision

The centerpiece of this evolution is Cortex, now fully integrated into the Innovation Cloud platform.

Cortex is not another dashboard or analytics layer - it’s an AI execution engine designed to:

  • Forecast project success based on historical patterns.
  • Identify risk signals across your portfolio in real-time.
  • Recommend resource allocations and roadmap adjustments.
  • Surface hidden blockers, redundancies, and delays before they impact delivery.

Think of it as a co-pilot for your innovation process - one that works behind the scenes to keep your strategy and execution in sync. With Cortex, product and innovation teams gain clarity, speed and confidence. This is the missing link between innovation vision and operational reality - and it’s now embedded into every corner of the new Innovation Cloud platform.

Legacy Products - Still fully functional and Supported

Innovation Cloud Enterprise, Pro, and Startup are moved into the Legacy Products section.

If you’re currently using Innovation Cloud Enterprise, Pro, or Startup, rest easy. You’ll continue to receive full support, uninterrupted access, and continued maintenance for your existing platform with all of its functionalities.

We respect the foundation these products built - and we’re making sure they continue to deliver value, even as we evolve.

Looking Forward

With this merger, we’re bringing the structure of platform thinking together with the intelligence of AI. We’re building a platform that doesn’t just manage innovation - it accelerates it, improves it, and scales it.

If your team is ready to move beyond spreadsheets, scattered tools, and disconnected execution, the new Innovation Cloud, powered by Cortex, is ready for you.

Let’s build the next generation of product organizations - together. Request your free demo today!


Deana - Content creator
Deana
Content creator

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