Since technology and product knowledge have become so globally distributed, companies have started to look outside their own R&D departments for sources of technology and innovation what is now known as “Open Innovation”. Many research oriented companies evaluate the trends across a technology landscape before venturing for R&D in any specific technological field. It makes it easier for these companies to identify the technology areas that have major competition and also those which are relatively free from any competition whatsoever.For any organisation that strives to achieve this, technology scouting has become an essential tool for them. Our tech scouting and open innovation solutions help our clients venture into new technology areas.

At SciSigma, we assist corporations in understanding the markets involved in a particular technology and the latest developments pertaining to the technology area. We carry out technology analysis to help such clients, take critical decisions and device strategies involving the R&D of a product.