NEW YORK--(BUSINESS WIRE)--In a rapidly-evolving technology landscape, disruption is pervasive. Businesses need to stay agile by constantly exploring and implementing new capabilities. To do so, understanding emerging technologies and their potential implications is a must.
Carrying out a comprehensive technology assessment study can provide a clear view of the innovation and technology market trends within a business’s focus sectors. Such a study involves an analysis of relevant patents to reveal the participants that are actively involved in the developments pertaining to the industry, while highlighting the opportunities and threats they pose for the business. As a result, business leaders can obtain the answers required to support strategic decision-making, such as:
- Which technologies to invest in to support short and long-term strategies?
- Which technologies can solve existing problems and provide a competitive advantage?
- Which markets are commercially viable for specific emerging technologies?
- How to enter commercially-viable markets? (For example, which market players to partner with?)
This case study explains how a global interactive and visual effects service provider unlocked the potential of wearable AR systems in targeted strategic markets. Through a technology assessment study conducted by Netscribes, it was able to understand the technology and market potential of both existing and emerging AR-based services and prepare a future-ready R&D roadmap.
To know more about Netscribes' technology research solutions, visit: https://www.netscribes.com/solutions/market-intelligence/technology-research-insights/
Netscribes is a global market intelligence and content services provider that helps corporations achieve strategic objectives through a wide range of offerings. Our solutions rely on a unique combination of qualitative and quantitative primary research, secondary/desk research, social media analytics, and IP research. For more than 15 years, we have helped our clients across a range of industries, including technology, financial services, healthcare, retail, and CPG. Fortune 500 companies, as well as small- to mid-size firms, have benefited from our partnership with relevant market and competitive insights to drive higher growth, faster customer acquisition, and a sustainable edge in their business.
Netscribes is backed by Helix investments, a US-based private equity fund.