What metrics does the software use to gauge the impact of potential tech innovations on our business?

Ideanote's Technology Scouting Software utilizes a comprehensive set of metrics to assess the impact of potential technological innovations on your business. These metrics include innovation lifecycle stage, market readiness level, compatibility with current systems, potential return on investment (ROI), and expected impact on competitive positioning.

Through advanced analytics, the platform also measures the novelty of the innovation compared to existing solutions and the strength of intellectual property rights. This offers a clear understanding of the uniqueness and protectability of the technology in question.

Additionally, the software takes into consideration user feedback and adoption rates from pilot tests or market studies to provide a complete view of how an innovation might be received by customers or within the company. This multi-f