Packaging R&D Emerging Market For Innovation Management Vendors

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Media Contact:

John Cass

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john@newlogicusa.com

339-368-1955

New infographic called, “What’s the state of cloud computing for R&D packaging?” published.

BOSTON (Nov 09, 2011) – New research into Project Portfolio Management software vendors reveals the majority are providing cloud based solutions for PPM software. After reviewing 42 Project Portfolio Management (PPM) vendors, Newlogic discovered Cloud technology is extremely important to vendors, the market for PPM vendors targeting IT departments is mature, and R&D is an emerging market for innovation management.

Newlogic’s research discovered 83 percent of PPM vendors provide a cloud-based model to clients. The research also showed 86 percent of the 42 vendors target IT departments and 4 vendors focus on R&D professionals. The research is illustrated with an infographic called, “What’s the state of cloud computing for R&D packaging?”

Marc Drucker, President of Newlogic, will elaborate on the findings in his presentation “Is Packaging SaaS Innovation the Future for Packaging?” at the Packaging Outlook Summit scheduled November 7th to 9th.

Insights from the research will reveal what strategies packaging R&D professionals need to use when investing in idea capture, innovation platforms, project management and portfolio management software.

Open to R&D managers from CPG and converter companies, package developers and others, the Packaging Outlook Summit offers a window on innovation. The summit invites attendees to discover emerging trends in packaging materials, hear predictions from experts on the future of packaging, network with top CPG producers/brand owners and more.

Other speakers include President of Smart Bottle Inc. Ken Wilkes, Vice President of Marketing and Corporate Affairs at Ball Corp Jim Peterson, Director of Engineering Services at Smart Design Eric Freitag and more.

Newlogic

Newlogic provides strategic consulting services to R&D organizations, using technology and innovation to improve business, achieve market leadership, create IP assets and help its clients invest in the right products. For more information, visit www.newlogicusa.com.