Growth is mandatory requirement of any business. You are planning to achieve Innovation led growth either by:
- Scouting and sourcing external technologies or products and adding to your company’s portfolio
- Scouting Start-ups for strategic investments or acquisition
- Tapping new markets for existing technologies or products
- Explore new adjacent businesses
There is a lot of information out there to process and make informed decisions, which takes lot of effort and time at your end.
We can support you in processing the web of technological, commercial and financial information and provide actionable knowledge, based on which informed decision can be taken. This involves Identification and also Assessment of opportunities available outside the organization.
Identification
Identification of New Opportunities
- Identification of new technologies (Technology Scouting)
- Identification of new markets for existing technologies/ products
- Identification of applications and target market for new technologies/ products
- Identification of new business opportunities
Assessment
Does it offer a unique value proposition?
- Understanding Target Customers and their unmet needs
- Mapping existing solution providers (competitive landscaping) and their value proposition
- Market Gap/Value Proposition analysis
Does it make business sense?
- Assess customer willingness to pay for new solution/value proposition
- Market Sizing and Dynamics
- Financial feasibility (Expected Investment, RoI)
- Pathway to Market
- Business models
Technology or Partner Scouting in India
We work very closely with Innovation and Entrepreneurship ecosystem in India including research institutes, universities, incubators, start-ups, VCs, and innovative companies. We work diligently and continuously to keep expanding this network in India. For our International Clients, our offerings include Technology or Partner Scouting in India.
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