Technology intelligence

Technology Intelligence (TI) is an activity that enables companies to identify the technological opportunities and threats that could affect the future growth and survival of their business. It aims to capture and disseminate the technological information needed for strategic planning and decision making. As technology life cycles shorten and business become more globalized having effective TI capabilities is becoming increasingly important. Technology Intelligence (TI) is a structured approach that helps organizations identify, analyze, and act upon technological opportunities and threats that shape their competitive landscape and future growth. By systematically gathering and interpreting technological data, TI supports strategic decision-making and innovation management. Technological data sources are: * Patents * Science articles * Clinical trials * Pre-prints * Books In the United States, Project Socrates identified the exploitation of technology as the most effective foundation for decision making for the complete set of functions within the private and public sectors that determine competitiveness.…

Technology Intelligence (TI) is an activity that enables companies to identify the technological opportunities and threats that could affect the future growth and survival of their business. It aims to capture and disseminate the technological information needed for strategic planning and decision making. As technology life cycles shorten and business become more globalized having effective TI capabilities is becoming increasingly important. Technology Intelligence (TI) is a structured approach that helps organizations identify, analyze, and act upon technological opportunities and threats that shape their competitive landscape and future growth. By systematically gathering and interpreting technological data, TI supports strategic decision-making and innovation management. Technological data sources are: Patents Science articles Clinical trials Pre-prints Books In the United States, Project Socrates identified the exploitation of technology as the most effective foundation for decision making for the complete set of functions within the private and public sectors that determine competitiveness. The Centre for Technology Management has defined 'technology intelligence' as "the capture and delivery of technological information as part of the process whereby an organization develops an awareness of technological threats and opportunities." The Internet has contributed to the growth of data sources for technology intelligence. Technology intelligence gives organizations the ability to be aware of technology threats and opportunities. It is important for companies and businesses to be able to identify emerging technologies in form of opportunities and threats and how this can affect their business. Technology intelligence has grown as a discipline since the 1990s, including because it has become easier and cheaper to acquire and store data from different sources that can be analyzed and used in different industries. Technology intelligence can accelerate business growth by shortening the time between data acquisition and decision-making. There are several tools called text mining and tech-pioneer that make the technology intelligence process actionable and effective. This process consists of 4 steps: organizing the competitive intelligence effort, collecting the information, analyzing the information and disseminating the results. Although this process is very beneficial to organizations, there are some challenges such as communication and interpreting the results the process provides. Artificial intelligence has become useful in technology intelligence, enabling automated analysis of data sets, pattern recognition in trends, and predictive modeling for emerging technologies. Machine learning applications can facilitate context search through NLP, patent analysis, and competitive landscape mapping at scale. ==See also== Competitive intelligence Technology Scouting ==References== Technology Intelligence systems: how companies keep track of the latest technological developments, ifM Briefing, University of Cambridge, 2007 Journal of Engineering and Technology Management, Vol. 21, No. 4, pp. 331–348, Lichtenthaler, E. (2004) Putting competitive technology intelligence to work. Research-Technology Management Vol. 43, No. 5, pp. 23–28, Norling, P. M.; Herring, J. P.; Rosenkrans, W. A.; Stellpflug, M. & Kaufmann, S. B. (2000) International Journal of Technology Intelligence and Planning Technology Analysis & Strategic Management Technovation Products kwintely

Text derived from https://en.wikipedia.org/w/index.php?oldid=1376517413 under CC BY-SA 4.0; modifications have been made.