Lightbulb moment for London idea management firm with overseas partnership

An idea management software and services firm has announced that it is partnering with an international consultancy as it further expands overseas.

Wazoku, based in London, is partnering with innovation consultancy Schumpit, extending its recent international expansion into Spain, Catalonia and Portugal.

Schumpit will work with Wazoku across Iberia, as market pressure increases to differentiate and be more agile due to the Covid-19 pandemic.

Simon Hill, CEO of Wazoku, commented: “Schumpit has earned a reputation as one of Southern Europe’s most highly-regarded innovation consultancies and it’s the perfect partner for us with which to continue our international expansion.

“Innovation is a global industry now, but local market knowledge is essential and Schumpit’s expertise and experience is the perfect complement to Wazoku’s global technology platform and other services.”

Jose Mª Felguera Garrido, CEO of Schumpit, said: “Companies in the region are worried – they need to change and embrace innovation but they don’t know how to do it.

“Innovation success depends on people, but the right innovation platform is becoming increasingly important too. Wazoku is a perfect fit for us – easy for users to work with but bringing true business value in terms of boosting innovation inside a company.

“The recent acquisition of InnoCentive only adds to this. Our clients can now benefit from open innovation and the world’s biggest innovation community of almost 500,000 expert problem ‘solvers’.

“This knowledge and capability are not common in Southern Europe and we are the only company using Wazoku with our clients.”