Innovation Blog

Cost-focused companies can stay competitive by building strong technology scouting teams, partnering with external innovators, and using AI tools like IGOR^AI to track trends. Learn how to spot the right moment to follow new technologies and avoid costly risks while keeping your edge.

Innovation can be tough, but revamping technology scouting is key to staying ahead. Discover five simple strategies—like cross-industry collaboration, clear goals, the right tools, rewards, and a culture of learning—to help your R&D team uncover fresh breakthroughs beyond their industry.

Should your company focus on small, steady improvements or bold, industry-shifting breakthroughs? Explore the differences between incremental and breakthrough innovation, and learn how to balance these approaches to fit your goals, resources, and risk tolerance for lasting R&D success.

This article highlights the importance of asking the right questions to harness the power of AI-driven innovation in business. It emphasizes understanding customer needs, defining the problem scope, and identifying crucial questions to guide AI-based tools like ChatGPT and IGOR^AI in generating valuable insights. By adopting this approach, R&D managers can leverage AI-driven innovation to transform their businesses and maintain a competitive edge in the market.

Open innovation transforms R&D by encouraging companies to collaborate with partners, customers, and even competitors. Learn how embracing external ideas, building a collaborative culture, and using digital tools can boost creativity, speed up innovation, and strengthen your competitive edge.

AI is changing how R&D teams innovate, but creativity remains essential for staying ahead. Discover how combining powerful AI tools like IGOR^AI with imaginative thinking can help your team tackle challenges, make better decisions, and thrive in the fast-evolving world of innovation.

Discover the essential steps for technology scouting success: set clear goals, build strong networks, attend industry events, use online tools, and keep an eye on new patents. Find out how to balance scouting with ongoing R&D to boost your team’s impact and spot the next big opportunity.

For many companies, solving R&D challenges can reach a dead end as industry tunnel vision proves to be the decisive hurdle. Tried-and-tested technologies no longer meet innovation requirements, and new technologies are needed in order to remain competitive. Technology Scouting will help look beyond traditional means to gain an innovative and competitive advantage.

In the previous blog, technology scouting is shown to be a vital cog in the wheel of innovation. To identify technologies, certain sources of information are tapped into with various methods. However, manually sifting through mountains of information and looking for small details is analogous to finding needles in haystacks. Luckily, there are better and faster ways to do this.