An Introduction to Innovation Management

Oracle Innovation Management and Oracle Product Development, along with Oracle Product Hub, deliver comprehensive Innovation to Commercialization capabilities across your entire product value chain.

Innovation Management consists of the following products:

• Product Requirements and Ideation Management

• Concept Design Management

Product Development enables you to manage product data and change orders while balancing cost.

In the Setup and Maintenance work area, these products appear as Functional Areas. You can view and implement them through the Product Management offering.

Functional Area	Description
Product Requirements and Ideation Management	Allows employees and stakeholders to collaborate on product innovation ideas and record requirements. Product managers can integrate requirements with concepts in Concept Design Management.
Concept Design Management	Offers a collaborative design workspace for product architects, designers and executives to generate, capture, analyze, and approve product concepts that address product strategy goals. Approved concepts can then be transferred directly to Product Lifecycle Management (PLM) solutions for prototype planning, detailed design and product introduction.
Product Development	Uses Items, Structures (BOM), and Changes to track the development processes around products, and enable fast-track commercialization of the correct products. Product Development enables a company to incorporate concepts or early BOMs, designs, and other documents from sources such as Innovation Management or external PLM applications. Product Development manages changes formally and centrally on items (parts), and items/BOMs can be released to manufacturing with recommendations on sourcing (example, manufacturer parts).

For information about getting started with Oracle Cloud and implementing Oracle SCM Cloud, see the Oracle Cloud Documentation library. The following table lists the chapters that describe business process setup and functional area setup tasks, in that order.

Chapters	Description
Introduction to Innovation Management	Lists the setup tasks common to SCM implementation that are required before setting up Innovation Management. Includes information about deployment scenarios applicable to Innovation Management
Setting up the Functional Area Innovation Management	Provides a roadmap of setup tasks, and identifies key setup decisions that are required to set up individual modules in Innovation Management
Configuring Innovation Management for Integration with External Systems	Details the tasks required to configure Innovation Management for integration with external applications. Optional to implementors.
Configuring Agile PLM for Integration with Innovation Management	Details the tasks required to configure Agile PLM for integration with Innovation Management. Optional to implementors