Before going into R&D many companies try to evaluate the current technology trend and assess the need for product development and Innovation. Technology landscape studies play a key role in this process, especially for companies focusing on developing their product because it gives an overall understanding of the technology in question. Every innovator put a lot of effort into product development, so as does their competitor. Therefore it is a good practice to know the phonetics of your intellectual property landscape in your field. Effectual’s technology landscape study can help you in figuring out:
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Gaps in the current portfolio and general innovation trends.
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Types of technology the current competitors are focusing on or indeed moving away from.
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Shift in technology & Identify available technologies.
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Technology gaps in the research landscape.
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Current technology landscape with its pro & cons.
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Opportunities in a given technology and many more.
