Emerging Technology Scouting
The upsurge in awareness of patenting ideas and improved technologies has further pushed the limits of innovation. With the market being inundated with new products every day, consumer habits change accordingly and being keenly attuned to these trends can help companies weed out obsolete technology and pave way for new ones. This requires meticulously planned strategies to gather intel on where R&D efforts should be channelised to survey resources that can deliver solid value to a business.
This service primarily entails looking into areas with latent potential and parallelly examines existing technology required to promote and expedite the development of new or improved products. With diminishing options available as open source, thought leaders need to be constantly updated on the areas with development potential to expand their profitable investment options and emerge as global giants in their domain.
This service casts a wide net in exploring trends and key patents within a particular domain as well as in a particular territory. It also creates a link between research universities and their collaborative relationships with companies and helps track clusters with maximum evolving technology. Leveraging such information can propel one’s own development capabilities into an upward trajectory by pin-pointing specific areas to direct investments.
The tendency of any technology to rapidly become antiquated dictates the need to persistently scout for new and promising ideas to augment the patent portfolio and dominate the field of innovation and technology. With the resolve to deliver the best to our clients, we persistently seek to extract latest information from our well-placed network of industry experts and specialists ranging from tech-gurus to legal pundits. Be it a simple journal article or newly applied patents, we stay current on emerging trends in every IP domain and offer this insight to help expand the IP portfolio.