Hype Innovation Alternatives You Must Try in 2024 (+ Reviews)

According to McKinsey 84% of CEOs believe innovation is essential for businesses to thrive in today’s fast-paced market. But managing innovation can be complex and challenging, especially without the right tools and resources.

Many companies have turned to HYPE Innovation, a popular software tool for idea and innovation management, to help them navigate these challenges.

However, if you are here, you are looking for an alternative to HYPE Innovation.

Fortunately, plenty of HYPE Innovation alternatives & competitors are available that businesses can use to manage innovation more effectively. We evaluated and compiled a list of the top 5 HYPE Innovation alternatives to pick the best option to assist you in the patent mining process.

What to Look For in a HYPE Innovation Alternative?

There are several reliable HYPE Innovation alternatives worth exploring, but the initial step is determining the criteria for evaluating a replacement for HYPE Innovation.

Outlined below are five points to consider when replacing HYPE Innovation:

Allows users to include custom fields in the Invention Disclosure Form to meet the specific needs of their enterprise
Helps users to capture and vet the best idea electronically
Helps users determine the likelihood of getting a patent for their idea at the patent office
Keeps users informed about status changes in their published or unpublished patent applications at the USPTO.
Enables users to try the software for free before committing to using it

Hype Innovation: Alternatives to Checkout in 2023

We’re here to assist you in exploring and choosing the best innovative solution that not only enables efficient employee ideation through crowdsourcing but also reduces your dependence on external intellectual property advisors for patent-related issues, resulting in decreased expenditures on legal services from outside sources.

Hype Innovation Alternatives #1: The TIP Tool^TM by Triangle IP

Hype Innovation Alternatives - Triangle IP

The TIP Tool^TM by Triangle IP is a drag-and-drop tool that simplifies complex IP management and patenting processes by providing smart data and analytics. The tool makes patent mining open and accessible to all stakeholders.

Key Benefits Offered by the TIP Tool^TM by Triangle IP

#1 – Elevate the Quantity and Quality of Invention Disclosures

The TIP Tool^TM provides an easy-to-use invention disclosure form that appeals to innovators across your company. The idea submission portal is accessible to all, making it more straightforward to collect various creative ideas.

Organizations can customize the invention disclosure form to meet their unique requirements by adding, editing, deleting, or hiding fields. The TIP Tool^TM allows users to display only relevant fields for a specific stage, such as removing prosecutor information during the innovation capture stage.

The TIP Tool^TM allows for enterprise-wide participation in innovation management while safeguarding the confidentiality of IP-related data.

Users can tag patentable ideas with specific technology-related keywords, product categories, or business functions, facilitating easy idea filtering. Furthermore, innovators can attach supplementary materials, such as documents or slide decks, to better illustrate their innovations.

#2 – Visualize Various Stages of Your Patent Pipeline

The TIP Tool^TM lets users keep track of the progress of their ideas as they move through the different stages of the IP lifecycle: idea capture, internal vetting, patent drafting, and filing.

The tool makes sure that users always know what is going on with their ideas, whether they are being reviewed or are on their way to a patent attorney for drafting or filing.

The drag-and-drop feature of the TIP Tool^TM also makes it easy for users to move their ideas through the different stages of development.

#3 – Collaborate With Stakeholders in Real-Time to Brainstorm Ideas

The TIP Tool^TM enables real-time collaboration and brainstorming among inventors, prosecutors, and managers in remote locations. The tool facilitates a comprehensive vetting process that guarantees the selection of the most innovative concepts for patenting.

To capture the finest ideas within the company, collaborators can utilize the TIP Tool^TM during online meetings to brainstorm patentable ideas, revise idea summaries, add tags, and examine comments. Using the tool is as simple as working with Google Docs.

Furthermore, the TIP Tool^TM tracks all changes made to the idea summary, including who made them.

#4 – Optimize Your IP Budget Allocation

The TIP Tool^TM offers patent analytics to help users with budget allocation for patenting. With the tool, you can calculate the likelihood that a patent will be approved and the related expenses, such as filing, legal, and maintenance fees.

Such insights help you to allocate your IP budget based on anticipated patent expenses and only use patents to protect your most important inventions.

Moreover, the TIP Tool^TM analyzes millions of applications. It uses actionable intelligence to ascertain the possibilities of success at the patent office, allowing you to concentrate on concepts more likely to be accepted.

#5 – Receive Automatic USPTO Status Updates

The TIP Tool^TM automatically lets users track published and unpublished patent application status at the USPTO. So you are no longer required to consult outside legal counsel to stay current with the USPTO.

The TIP Tool^TM instantly notifies users of any required action from the USPTO. Additionally, the Private PAIR scraping feature allows you to obtain patent applications submitted to the USPTO that still need to be made public. But don’t worry – all your data and Private keys are secure and confidential and no one at Triangle IP has access to it.

#6 – Accelerate Your Patent Prosecution

The TIP Tool^TM offers statistics on the patent attorney and examiner working on your case. The USPTO assigns an examiner when you file a patent application to determine if your claimed invention satisfies legal requirements.

With the help of the TIP Tool^TM, you may follow and keep an eye on your patent counsel’s progress through this process.

You can use the tool to estimate the expense and complexity of the prosecution procedure by using statistics like allowance rates and the typical number of argument rounds.

The TIP Tool^TM also offers patent analytics that compare your case to others in the same art unit, under the same examiner, or represented by the same law firm. Such insights from the tip tool help you to have a more productive conversation with your patent attorney.

#7 – Visualize Your Idea and Patent Pipeline with a Holistic View

The TIP Tool^TM‘s user-friendly dashboard enables you to monitor the development of your team and keep up with all submitted ideas and patent applications.

The dashboard offers a summary of your innovation pipeline, emphasizing manager and inventor participation and any potential bottlenecks.

This summary makes it simple to see where your team can benefit from additional assistance.

For instance, you can instantly identify the bottleneck and take appropriate action if an idea spends too much time in the brainstorming and vetting stages.

Inventors and managers can also benefit from role-specific access, which enables them to properly monitor their IP activities and keep them in line with their key performance indicators.

Who Is This For?

The TIP Tool^TM is helpful for startups, individual creators, small to medium-sized businesses, and patent attorneys.

Pricing

The TIP Tool^TM provides a free tier (forever, up to 10 users). Its premium tier costs $50 per month and $495 per year. The TIP ToolTM has a custom tier as well. To learn more, visit its

pricing page.

Customer Review

According to a review, the TIP Tool^TM is a wonderful innovation capture tool.

Website:

To explore further, check the TIP Tool^TMby Triangle IP

Demo

Hype Innovation Alternatives #2: IdeaBridge

Hype Innovation Alternatives - IdeaBridge

Plus Innovations’ IdeaBridge is a leading software that enables businesses to effectively manage costs, innovate new products or services, and enhance employee engagement levels throughout the organization.

Additionally, IdeaBridge assists users in utilizing Hackathons to promote collaboration among employees and diverse teams.

Key Benefits Offered by IdeaBridge

#1 – Enhance Savings

Ideabridge predicts ROI for their customers by assessing the revenue, cost, and timeline of ideas.

#2 – Adapt with Ideabridge

Ideabridge enables users to adapt more easily to changing markets and consumer behavior.