STOCK TITAN

Blackbaud Hosts Groundbreaking First Virtual Innovation Marathon

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Blackbaud (NASDAQ: BLKB) hosted its first virtual innovation marathon, Off the Grid, engaging over 400 global employees and customers. This event, held on Aug. 14, 2020, generated 72 new project ideas, focusing on solutions for the social good community. Highlights included an app to track philanthropy, video streaming integration for church management, and an immersive experience to understand beneficiary needs. Additionally, nearly 100 children of employees participated in STEM projects, marking a successful blend of innovation and community engagement.

Positive
  • Generated 72 new project ideas aimed at social good.
  • Involved participation from over 400 employees and several customers.
  • Encouraged community engagement through children's STEM projects.
Negative
  • None.

CHARLESTON, S.C., Aug. 14, 2020 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, today announces the results of its 48-hour innovation marathon, Off the Grid, which was held virtually for all global employees. Off the Grid is Blackbaud's annual innovation marathon in which Blackbaud employees step outside of their day-to-day roles for 48 hours to innovate on creative new solutions to solve problems in the social good community.

This year's Off the Grid welcomed over 400 participants from nine countries across Blackbaud departments, job profiles and time zones. Several Blackbaud customers also participated in Off the Grid – offering ideas and joining in the ideation. The event generated 72 new project ideas, many of which will be explored for future solution development for Blackbaud customers.

For the first time, this year's event included an opportunity for the children of Blackbaud employees to explore STEM projects and participate in Blackbaud's virtual science fair alongside their parents. Nearly 100 kids participated, working on projects from DIY science experiments to coding. Elementary school-aged children were supplied Innovation Force Kits from the National Inventors Hall of Fame, which introduced them to famous inventors and inventions while encouraging them to innovate on what they might design and invent themselves.

Highlights of innovative ideas from this year's Off the Grid include:

  • An app designed to track and share volunteering, donations and other forms of philanthropy with family and friends.
  • A consumer facing video live stream and archive capabilities that seamlessly integrate with current Blackbaud solutions, enabling Blackbaud Church Management™ customers to increase engagement and outreach.
  • A 360-degree panoramic immersive and interactive experience that places the user in the shoes of a beneficiary to better understand their needs and encourage others to donate or fundraise for items that will make a real difference to their lives.

Blackbaud has been hosting Off the Grid for its employees since 2012. During this innovation-infused event, employees work in teams of their choosing that span departments, locations and time zones across the globe and present their work to their colleagues, Blackbaud's global management teams and Blackbaud customers. Past projects span topics such as dynamic ticket pricing for events, donation giving tied back to the United Nations Sustainable Development Goals and the Internet of Things. Innovations that have resulted from Off the Grid include a smart water monitoring solution to improve access and availability of safe water globally and the "Blackbaud Live" app that enables the user to broadcast live from fundraising events using custom overlays and streamlined donations.

For more information about tech innovations at Blackbaud, visit Blackbaud.com/solutions/our-cloud-solutions.

About Blackbaud
Blackbaud (NASDAQ: BLKB) is the world's leading cloud software company powering social good. Serving the entire social good community—nonprofits, higher education institutions, K–12 schools, healthcare organizations, faith communities, arts and cultural organizations, foundations, companies and individual change agents—Blackbaud connects and empowers organizations to increase their impact through cloud software, services, expertise and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and CRM, marketing, advocacy, peer-to-peer fundraising, corporate social responsibility, school management, ticketing, grantmaking, financial management, payment processing and analytics. Serving the industry for more than three decades, Blackbaud is headquartered in Charleston, South Carolina, and has operations in the United States, Australia, Canada, Costa Rica and the United Kingdom. For more information, visit  www.blackbaud.com or follow us on TwitterLinkedInInstagram and Facebook.

Media Inquiries
media@blackbaud.com 

Forward-looking Statements
Except for historical information, all of the statements, expectations, and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected benefits of products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles, particularly in larger organization; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC's website at www.sec.gov or upon request from Blackbaud's investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.

 

Power your passion (PRNewsfoto/Blackbaud)

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/blackbaud-hosts-groundbreaking-first-virtual-innovation-marathon-301112497.html

SOURCE Blackbaud

FAQ

What are the key outcomes of Blackbaud's Off the Grid event?

Blackbaud's Off the Grid event generated 72 new project ideas focused on solutions for the social good community.

When did Blackbaud hold its first virtual innovation marathon?

Blackbaud held its first virtual innovation marathon, Off the Grid, on Aug. 14, 2020.

How many participants were involved in Blackbaud's Off the Grid event?

Over 400 participants from nine countries took part in Blackbaud's Off the Grid event.

What innovative ideas were presented during Blackbaud's Off the Grid?

Innovative ideas included an app for tracking philanthropy, video streaming capabilities, and an immersive experience for donors.

Blackbaud, Inc.

NASDAQ:BLKB

BLKB Rankings

BLKB Latest News

BLKB Stock Data

3.83B
40.14M
1.77%
96.45%
1.26%
Software - Application
Services-prepackaged Software
Link
United States of America
CHARLESTON