White spaces are gaps in a technology landscape that have potential for attaining exclusivity. Unaddressed challenges are the best business opportunities. Many Technology and IP managers today look at white-space analysis patent as one of the key methods for strategic product innovation. White Space designates an analysis methodology that identifies the absence of patents in a particular product or technology area as a primary driver of innovation decision-making. The white space analysis report suggests potential business insights for generating revenue.
Prometheus IP conducts an in-depth analysis of patents belonging to a particular domain of technology. We provide charts showing technology growth and white-space where further R&D can be done to gain a competitive edge and to carry out incremental innovation for new product development. We help clients take tough decisions when looking for growth in existing technologies. Our in-depth analysis and white-space report of technology enable our clients to identify the future potential research areas. Our research team consists of experienced PhDs, Postgraduates and Engineers in many disciplines who prepare the report through intensive research and analytics.
Prometheus IP innovation scouting platform assess the unaddressed challenges and identifies the innovation gaps.