What is Innovation Scouting?

Large organizations are often faced with huge barriers when it comes to continuously researching and delivering new innovations. Smart companies are now looking outwards and implementing innovation scouting processes to search the market for disruptive business opportunities that can bring rapid value to consumers.

Key Challenges of
Innovation Scouting

Efficiently managing a scouting portfolio made up of constantly evolving opportunities

Measuring, tracking & showing a clear ROI for each of your scouting initiatives

Effectively connecting strategic corporate needs and the right external business opportunities

Securing project buy-in from internal company decision makers and experts

What The Experts Say...

"M&A and divestitures are increasingly critical to business success."

"Large companies must develop a new M&A strategy that’s more in tune with how progressive companies do business if they hope to keep pace with digital disruption."

"Digital disruption will only intensify. As it does, companies in all industries will increasingly consider M&A as a way to adapt."

"Companies need a new M&A playbook to generate value: The top two success factors in acquiring innovative startups are integrating the acquired technology or service (71%) and maintaining the target’s innovative culture (62%)."

Launch and Sustain Your Innovation Scouting Mission

By failing to keep up with the rapid pace of technological evolution, even the largest, most well-established companies can face disruption. The agility and adaptivity of tech startups affords a competitive advantage over larger companies when it comes to offering cutting-edge products, services, and processes. This has led to the trend in enterprise businesses of adopting an innovation scouting process. By identifying strategic opportunities with startups and the technologies they offer, larger companies can ensure their offerings are responsive to changing customer demands. Having a technology scouting platform is pivotal for leveraging an effective innovation scouting process.

Enterprise Startup Scouting

Establish KPIs and generate reports to analyze business development opportunities, which have the potential to drastically reduce your R&D life cycle and deliver value to customers at pace.

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Innovation Technology Scouting

Utilize a corporate innovation scouting process as a part of your product development plan, identifying technologies which can enhance or revolutionize your offering.

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TECH-SCOUTING

Leading Global Enterprises Tech-Scout with Qmarkets!

Qmarkets' Innovation Management Ecosystem

Meet Qmarkets’ vision of the corporate innovation ecosystem. This diagram aims to encapsulate the full spectrum of strategic innovation activity; from the many potential sources of inspiration and insight, through the varied systems and processes of idea development, to the bottom-line outcomes and deliverables that are ultimately generated.

Front End Discovery

Innovate & Craft

Commercialize

Q-trend

Research, track, and manage relevant trends to create a collaborative knowledgebase that can help fuel innovation across your company.

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Q-scout

Trace, evaluate and manage your technology scouting activities, to optimize your ability to bring more successful partnerships and new technology adoption into your company.

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