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Technology Scouting and Innovation

Nerac helps you identify, evaluate, and exploit emerging technologies in your own industry as well as those outside of your core knowledge area. Our expert professionals collaborate to develop the team best suited for your specific needs, keeping you abreast of new and innovative research. Our rapid assessments help you make informed decisions on new ideas, giving you the results you need for sustained growth and innovation.

Our Technology Scouting and Innovation Services include:

Tech Scouting

Understanding Opportunities and Threats in Emerging Technology
Emerging technologies create disruption. They can create entirely new markets, provide a critical edge in competitive battles, or threaten existing products – and even whole industries. While a robust R&D organization is key for most innovative companies, leaders recognize the value of access to external technology developers, ranging from university labs to aggressive start-ups to new corporate entrants, as a critical element in transforming innovation into successful business.

Companies face challenges understanding this emerging technology landscape, including:

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  • Globalization of innovation, with hundreds of active companies around the world
  • Rapidly changing markets and technologies, as well as sudden shifts in policy and regulations
  • Internal inertia and bias, and often limited internal resources
  • Information overload, making it difficult to know which developments are important and which are just hype

How we can help
Nerac identifies and assesses existing and emerging technologies and changing markets around the world. We help you understand and assess which developments fit with your company’s objectives, what technology areas are ready for product development, and whether they are technically feasible and manufacturable and ultimately, successful.

Nerac’s tech scouting services provides you information that’s not available in the public domain or difficult for search engines to locate.

Technical Due Diligence

Determining if a technology is unique and valuable requires extensive research, not only in the specific field, but also by collecting and evaluating information about related products and services.

We help you understand and evaluate the technology for its impact on merger, acquisition, partnership, and licensing processes.

R&D Problem Assessment and Support

The R&D process requires a thorough understanding of new or competing technologies and how they affect your business.

Nerac gives you the necessary background information on appropriate innovative technologies and markets. We explore new technology areas for technical merit and novelty of inventions. We monitor the work of researchers and inventors as possible threats and watch for intellectual property developments that could impact you.

We also help you solve difficult R&D problem projects and locate hard-to-find supplies, services, references, and experts to assist you in your work.

Contact us here or call us at +1 860 872 7000 to discuss how we can help you with your technology scouting and R&D innovation needs.

Clients say they use Nerac because…

"Nerac has been very helpful due to the diverse backgrounds of people on the staff."

"Convenience. I mostly use NERAC for patent searches and for document searches. It saves me time by having NERAC do all of the ground work."

Technology & Innovation Case Studies

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