Savvy: Redefining Innovation Management
Blog

Savvy: Redefining Innovation Management

Dive into the origins of Savvy, SOSA's innovation management platform, crafted from the ground up to tackle industry challenges. Discover its evolution and impact, and ambitious plans for 2024.

By 
Sagi Latin
May 2024

Born out of the necessity to streamline innovation management, Savvy has undergone a transformative journey – from a solution crafted for our internal needs to a powerful and independent SaaS platform ready to redefine how innovation teams operate. Following a first launch among selected design partners, which proved incredibly successful and helped us fine tune our platform, the Savvy platform is about to debut to a wider audience. 

As we prepare for this exciting milestone, we'd like to take a moment to reflect on the beginnings.

Inception and Innovation Challenges

In 2017, while running 100+ open innovation projects annually for industry-leading corporations involving 1000+ startups each year, SOSA identified a need for a comprehensive platform to manage these activities. Generic tools like Excel or CRMs simply didn’t offer a suitable solution.

This prompted us to develop Savvy—an in-house platform tailored to the needs of our analysts' and clients. Born from SOSA's proven innovation methods, Savvy efficiently handled vast startup data, streamlined open innovation projects, and became a secret weapon, surpassing client expectations.

Today, Savvy stands tall as an end-to-end innovation management tool, meticulously designed by innovation teams for innovation teams.

A closer look at Savvy 

1- Startup Relationship Management: Serving as a strategic command center, Savvy efficiently manages deal flow, leads, and startup engagement, transforming profiles into actionable insights for informed decision-making.

2- Managing Innovation Projects: Savvy excels in running projects, promoting seamless collaboration, transparency, and efficient decision-making through its versatile platform.

3- Simplicity and Efficiency:  Savvy's features effectively address the specific needs of innovation teams. On top of it all,  its user-friendly design ensures simplicity for innovation teams without unnecessary complexities.

4- Scouting and GenAI: Savvy is introducing a cutting-edge Generative AI-based technology scouting solution—book a demo to witness this innovation in action!

Savvy in Action

Already adopted and loved by active users, Savvy has become an integral part of many innovation teams' strategies.  Among Savvy users, NTT Israel,  a branch of the multinational conglomerate with over 300,000 employees worldwide, has chosen Savvy as their primary innovation tool. Their innovation center relies on Savvy daily, a testament to its efficacy and impact.

What’s next? 

As we gear up to bring Savvy to a wider audience, we're thrilled to share our 2023 developments in reshaping innovation management. Savvy isn't just a tool; it's the result of a practical journey that started with a need for efficiency and evolved into an impactful solution.

Ready for a Savvy Demo? Let's Dive In!

Click here to book your demo and discover how Savvy can revolutionize the way you approach innovation projects. 

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