Thursday, 1 July 2021

6 Tactics To Improve Your Technology Scouting

 

Technology scouting’s main goal is to help small and medium-sized businesses identify emerging innovations, channel tech-related data into the organization, and promote inexperienced technology in a corporate setting. At Ingenious e-Brain, we combine our knowledge, analysis, and tried-and-true processes to map out the innovations that will influence your business. We carry out technology scouting service in the following steps:


1. Identification of Emerging technology: Our technology experts, who have a good understanding of prevalent technologies and products in the domain, identify new technology opportunities that the company has not tapped into.

2. Gathering Information from information sources: The scouts choose the sources of knowledge and the tools to use. Formal and informal sources of information may be distinguished. Informal sources are beneficial for detecting discontinuities and high-level areas of technical change. Formal sources have the advantage of allowing automated knowledge searches, such as database searches using predefined algorithms. These sources are generally paid or open-source databases. The information is gathered through journals, technology reports, studies, and other databases such as Orbit Questel, Derwent Innovations, seminars, and conferences.

3. Data collection: Data is gathered and often saved for later study. Expert scouts gather more data and pick more important information using their technical skills and understanding of the company’s needs by utilizing a broader network.

4.Data Analysis: Filtration, analysis, and interpretation of collected data are carried out. It is believed that the best analysis takes place in the combined team of scouts and those receiving the information.

5.Technology Mapping: In this step, scout maps identified technologies to the client’s need or requirement on how and where clients can utilize identified solutions or technologies for streamlining their processes and earn more profits.

6.Technologies from Adjacent Industries: Finally, a team of experts finds out technologies available from adjacent industries or domains that could be utilized for better outcomes of the process by the client company.

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