Cimdata Logo

Industry Summary Articles

Wednesday, August 12, 2020

Sopheon to Help Mondelez International Transform Global Enterprise Innovation Management

Sopheon is partnering with global snacking leader Mondelēz International, Inc. (NASDAQ: MDLZ) to transform its innovation and commercialization processes and portfolios. Sopheon will collaborate with Mondelēz in an accelerated deployment program that will enable Mondelēz to go live with Sopheon’s SaaS-based Accolade® platform and replace two global legacy systems before the end of the year.

According to Andre Dias Alves da Silva, Director Innovation I2M/IIM at Mondelēz, “Even in a time of unprecedented global disruption, Mondelēz continues to focus on its long-term strategy to accelerate consumer-centric growth. This means we need a global innovation platform to drive portfolio transparency, speed commercialization, and accelerate our response to changing market conditions, as well as a trusted partner who truly understands CPG. We have selected Sopheon as that partner and look forward to collaborating with them to deploy Accolade and address these needs in a very short timeline.”

The initial phases of deployment will automate critical aspects of Mondelēz’s portfolio management, Stage-Gate® governance, and resource planning processes. These initial capabilities will provide 100 percent global visibility to all new product initiatives in the portfolio, making it easier to focus limited resources on the highest-value products. They will also reduce the amount of time required by initiative leaders and cross-functional teams for successful commercialization and lay a foundation for future phases of deployment that focus on project execution.

Sopheon CEO, Andy Michuda, added: “Sopheon is delighted to partner with Mondelēz, and to extend our market leadership in the CPG industry. For nearly 20 years, Sopheon has been the go-to company for enterprise innovation management in CPG, due to our deep domain expertise, best practices, and depth of configurability of our software that is required by large, global consumer firms. We look forward to great success and partnership with Mondelēz, and to helping them achieve their organic growth goals for many years to come.

Accolade is Sopheon’s award-winning innovation management software that connects people, systems and information across departments and functions. This cross-functional collaboration and synchronization results in trusted, timely data for faster, better, and more dynamic decision making for the world’s largest and most complex enterprises. Accolade has proven its value to thousands of global users by reducing costs, increasing portfolio value, reducing time-to-market, and boosting initiative and product success.

To view original Press Release, please click here.

Search for Sopheon on CIMdata.com

r
ipad background image

Featured Cimdata Reports

ipadcontent
PLM-Enabled Digital Transformation Benefits Appraisal Guide

The Guide is designed to help potential PLM users evaluate the applicability and payoffs of PLM in their enterprise, and to help existing users of PLM monitor the impact it is having on their product programs.

ipadcontent
PLM Market Analysis Reports

The PLM MAR Series provides detailed information and in-depth analysis on the worldwide PLM market. It contains analyses of major trends and issues, leading PLM providers, revenue analyses for geographical regions and industry sectors, and historical and projected data on market growth.

ipadcontent
PLM Market Analysis Country Reports

These reports offer country-specific analyses of the PLM market. Their focus is on PLM investment and use in industrial markets. Reports cover Brazil, France, Germany, India, Italy, Japan, Russia, South Korea, the United Kingdom, and the United States.

ipadcontent
Simulation & Analysis Market Analysis Report

This report presents CIMdata’s overview of the global simulation and analysis market, one of the fastest growing segments of the overall product lifecycle management market, including profiles of the leading S&A firms.

ipadcontent
CAM Market Analysis Report

This report presents CIMdata’s overview of the worldwide CAM software and services market. It also includes a discussion on the trends in the CAM industry and updates on the top CAM solution providers.