NOVA-INNOVATE

NOVA-INNOVATE is an Innovation Management Software solution developed by Novatek International in exclusive partnership with Planbox, co-branded as Nova-Innovate – Powered by Planbox. Designed specifically for the Life Sciences industry — including Pharma, BioMed, Medical Device, and Health Care Systems — it combines Novatek International's 20 years of domain expertise in regulatory compliant laboratory and manufacturing software with Planbox's proven Innovation Management technology platform. The result is a focused, automated approach to managing innovation programs from ideation through to measurable business outcomes.

NOVA-INNOVATE addresses a critical challenge faced by many organizations: establishing and sustaining a structured, agile innovation process that keeps pace with rapidly changing environments. By capturing ideas from people within the organization, reviewing and identifying the most promising concepts, and transforming them into growth drivers, NOVA-INNOVATE helps companies maintain competitive advantage and accelerate corporate growth.

Core Capabilities

• A patented, comprehensive, configurable rules-based engine that accelerates the ideation process, enabling organizations to identify and select the best ideas faster.
• Support for a sustainable and agile innovation process that can adapt to evolving business environments.
• Tools to foster strong teamwork through both internal and external collaboration, helping to shorten the innovation cycle while building relationships across the organization.
• Establishment of key performance indicators (KPIs) to measure the success of innovation programs and determine financial return on investment.
• Senior management dashboards and metrics to provide clear visibility into program performance and outcomes.

Business Value and Innovation Impact

• Enables organizations to transform employee ideas into winning projects and tangible growth drivers.
• Provides a structured framework for capturing, reviewing, and prioritizing ideas sourced from within the organization.
• Supports the correlation between innovation and growth — referencing PwC research indicating that the most innovative companies achieved on average 16% higher growth over three years, with innovative companies predicted to grow 20% higher than less innovative peers over the next five years.
• Helps companies outpace the competition by realizing innovation program goals with the right tools and expert guidance.

Partnership and Industry Focus

• Delivered through an exclusive partnership between Novatek International and Planbox, combining deep Life Sciences regulatory expertise with a proven innovation management platform.
• Specifically tailored for regulated industries including Pharmaceutical, BioMedical, Medical Device, and Health Care Systems.
• Part of the broader Novatek Suite of Software Solutions, which also encompasses contamination control, quality execution LIMS, quality process, and additional laboratory and manufacturing tools.

NOVA-INNOVATE is the newest addition to the Novatek product suite and is available with tailored demonstrations aligned to specific business objectives and priorities. Organizations interested in deploying the solution can request information directly from Novatek International to explore how the platform can be configured to meet their unique innovation management requirements.