What
is Technology Scouting©?
Technology Scouting© is a valuable
process with a proven track record for uniquely identifying technology-based
solutions to important and difficult business issues.
How
does Technology Scouting© Work?
Technology Scouting© uses a extensive
network of world class experts, numerous knowledge databases, leading
edge strategic technical insights and innovative thought processes
to look across a broad range of disparate industries to uniquely
identify technologies and technology combinations that will address
client problems in a competitively advantaged way.
Technology solution identification falls into four key categories
which represent distinct advantages and opportunities:
- Technologies Solutions Developed in the Past - The
solutions contained in this category are generally well known
only within the industry that developed them. This represents
important advantages to the client looking into different industries.
Mature technologies in many industries tend not to be patent protected,
and as such may represent an opportunity for incorporation into
a product without paying license or patent fees. Technology
Scouting© seeks out existing technology solutions
from disparate industries to leverage the potential of existing
technologies.
- Technology Solutions Under Development - In many cases,
a technology solution that a client needs is already under development
in a different industry, which represents an excellent opportunity
for the client. Most companies recognize that developing a new
technology is expensive and risky. As such, they are often willing
to partner with companies to reapply the technology in non-competitive
areas. This reduces the risk and increases the revenue potential
of the technology under development. Technology Scouting©
helps identify these emerging technology solution opportunities
for the client in an expedited manner.
- Future Technology Solutions - If the technology solution
required by a client either does not exist or is not under development,
future technology solutions must be developed. Technology
Scouting© looks across a broad range of disparate
industries and disciplines to identify the best people in private,
public or academic research who can create the technology solution.
- Bundled Technology Component Solutions - Sometimes,
one technology alone may not be able to provide a complete solution.
It is then necessary to identify additional technology components
that can deliver the remainder of the solution. Technology
Scouting© looks across a wide range of industries
to find technology components that are synergistic when bundled
together to deliver a superior solution.
Technology Scouting©
works in conjunction with internal resources or independently to
provide a technology solution, based on the client’s interests
and resources. Additionally, Technology Scouting©
can (1) broker initial exploratory discussion to preserve client
anonymity and confidentiality; (2) provide multiple options with
pros/cons for client consideration; and (3) help assemble technology
development teams comprised of internal and external resources.
Innovation
Spectrum™ offers a number of services
to help your company:
- Product and Package Innovation and Development
- Developing Critical Consumer and Technology Insights and
Linkages
- Strategic Planning for Product and Package Development
- Enhancing Organizational Innovation Effectiveness
- Technology Scouting©
- Technology Reformatting©
- Disruptive Challenges©
Please
contact us
for more information on how we can help your company prosper.
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