Invention Machine Expands Innovation Software Line to Further Accelerate Sustainable Innovation

Launches Invention Machine Goldfire Insight to Boost Broad Deployment

BOSTON, Sept. 22 /PRNewswire/ -- Invention Machine, a leading provider of innovation software, today announced the availability of Invention Machine Goldfire 5.5, a powerful platform that can further accelerate product innovation and increase productivity by 20-30 percent. The company also announced the launch of Invention Machine Goldfire Insight, a new configuration that simplifies research and redefines the role of intelligence in innovation. Goldfire Insight is designed for broad deployment across the entire innovation community, including new business development, strategic planning and competitive analysis teams.

Goldfire, Invention Machine's flagship innovation software, operationalizes and sustains the product innovation process. It guides innovators through specific innovation tasks and appropriate workflows so they can deliver the right products the first time, as well as track innovation trends within an enterprise, all in real time. Global 2000 manufacturers in more than 25 countries use Goldfire to translate ideas into market-leading products, from rocket engines and algae-based biofuel to anti-leak toilet valves and cardiac stents.

"At Boston Scientific, we are committed to delivering innovative medical technologies, and Invention Machine Goldfire is integral to our innovation and product design process," said Randy Schiestl, vice president, R&D, Boston Scientific. "The new software will allow us to expand deployment and empower more people so they can research customer needs efficiently and identify the right solutions quickly, increasing our ability to 'deliver what's next'."

Version 5.5 builds on Goldfire's powerful innovation platform. Its new knowledge navigator capability fosters innovation collaboration by accurately reconstructing a user's past thinking and research process. Goldfire's enhanced semantic technology automatically categorizes concepts and ties relevant intelligence to the innovation initiatives, all within minutes. With Goldfire 5.5, engineers and scientists can deliver new products even faster, at a lower cost and increase productivity between 20-30 percent -- the time spent by innovation workers looking for actionable information.

Goldfire Insight, the latest member of the Goldfire line, supports essential problem analysis and problem solving capabilities and research work models. Goldfire Insight is designed for broad deployment so the 80-90 percent of innovation workers dealing with vital, yet common, every day innovation activities can leverage the product effectively. These tasks can range from solving problems for customers and resolving field situations to researching competitor landscapes and ways to reuse existing technology.

Numerous best-in-class companies rely on Invention Machine's innovation software to stimulate their Innovation Intelligence Ecosystem(TM), a framework for delivering precise and relevant intelligence from various sources. A well designed ecosystem can significantly increase productivity of the entire innovation community, from disruptive and strategic innovation initiatives to simple innovation tasks. The Innovation Intelligence Ecosystem's end goal is creating a sustainable and repeatable process, which accelerates product delivery as well as increase revenue and competitive edge.

"Actionable knowledge is vital to continuous and repeatable innovation," said Jim Todhunter, CTO, Invention Machine. "Goldfire, a key component of the Innovation Intelligence Ecosystem, links the community of innovators to critical intelligence thereby driving sustainable innovation and boosting productivity of every day innovators."

About Invention Machine

A leading provider of innovation software, Invention Machine drives sustainable innovation by enabling global organizations to translate ideas into market-leading products, consistently. Invention Machine Goldfire empowers engineers and scientists to conceive and validate the right ideas the first time, so they can deliver cutting-edge products, rapidly and repeatedly. Global 2000 manufacturers in more than 25 countries rely on Invention Machine for product innovation, process improvement and market expansion. Its unique software fuels sustainable innovation across numerous industries, including aerospace and defense, automotive, consumer technology, energy and environment and life sciences. For additional information, please visit

Invention Machine and Goldfire are trademarks or registered trademarks of Invention Machine Corp. in the United States and in other countries. All other trademarks contained herein are the property of their respective owners.

SOURCE Invention Machine

Web site:

Review Article Be the first to review this article

Featured Video
QA Engineer- F-35 Quality Engineering for Lockheed Martin at Forth Worth, Texas
Modeling and Simulation / HWIL Engineer for Lockheed Martin at Orlando, Florida
Project Manager, Architect, for K2M Design at Indianapolis, Indiana
Project Manager, EPC for Strike at The woodlands, Texas
Structural Engineer for Design Everest at San Francisco,, California
Senior Operations Environmental Analyst for EDP renewables at Houston, Texas
Upcoming Events
EMO Hannover 2019 at Hannover Germany - Sep 16 - 21, 2019
WESTEC 2019 at Long Beach Convention & Entertainment Center 300 East Ocean Boulevard Long Beach CA - Sep 24 - 26, 2019
3D Collaboration & Interoperability Congress - 2019 at American Mountaineering Center Golden CO - Oct 8 - 10, 2019
The Motion + Power Technology Expo at Detroit MI - Oct 15 - 17, 2019
Kenesto: 30 day trial

Internet Business Systems © 2019 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise