Spotting and Evaluating Innovation Sooner With the Lux Tech Signal
One of the most difficult challenges within technology scouting and
strategic advice is anticipating trends. When will a particular technology
emerge from labs into the marketplace in an impactful way? Current
approaches, which include tracking startup funding, investments,
acquisitions, patent filings, and monitoring news, are either too slow
(that is, they give an actionable signal too late) or they suffer from too
much noise. To address this issue, we have developed a new, 100%
data-driven methodology that gives a clearer signal about rising innovation years ahead of conventional methods of monitoring technology. The Lux Tech Signal is powered by our newly developed Lux Intelligence Engine and draws upon datasets that include intellectual property (IP) inflection points and early-stage project funding. In this report, we apply the Lux Tech Signal to quantify how “hot” are 19 different areas of digital innovation, ranging from artificial intelligence (AI) to health sensors to drones to Internet of Things (IoT) security.
To download the Lux Tech Signal case study, click here: http://bit.ly/2yEbhfS
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