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INNOVATION RESOURCES

Innovation Spectrum

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.

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Innovation Spectrum


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.

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