What is startup scouting?

Startup scouting is the process of scanning the environment and analyzing information about potentially relevant, disruptive, or highly innovative companies that may impact an organization's operating model.

Why is startup scouting important?

Startups have the potential to produce cutting-edge solutions and disrupt business models. By scouting your environment, you’re more equipped to proactively respond, partner, or invest in startups to maintain a competitive advantage.

Startup Scouting with Startup Radar Tools

Augment startup scouting

Collect data from news, RSS feed, scientific journals, and patent data with ITONICS Insights. Augment and automate global startup scouting, scanning, and monitoring. AI-enabled signal feeds provide real-time information relevant to your industry, vertical, geography, and field of interest.

Save time by allowing all teams to scout on the same system and build cross-functional innovation ecosystems. Collect information about startups on the go at trade fairs or in workshops with the ITONICS Inspirator App. Discover and clip relevant web content with the ITONICS Web Clipper.

Organize and categorize data with ITONICS best-practice templates on one digital platform.

Learn more about ITONICS Insights

Receive startup submissions and evaluate collaboratively

Enable outside-in startup scouting and create effective channels for startups to contribute towards your innovative solutions. ITONICS External Forms allow easy idea submissions from external partners. Bring startup solution submissions together on one platform to establish your startup ecosystem.

Manage scouting and collaboration opportunities with ITONICS. Visualize your startup landscape on a Startup Radar to easily identify the most relevant partners for your business. Accelerate opportunity identification through collaborative ratings with other experts in your organization.

Learn more about ITONICS Radar

Prioritize and execute projects

Understand the startup landscape relevant to your business environment and prioritize the right partnerships. Bring all potential initiatives and projects into view with ITONICS Portfolio. Analyze your full portfolio and related investments at a glance. Prioritize projects and align your resources to the opportunities that matter most for your organization.

Move innovation projects to implementation and roll out on one digital platform. Use the ITONICS Roadmap to visualize multi-layered projects and get everyone moving in the right direction.

Learn more about ITONICS Portfolio

One solution to bring all your innovation efforts together, enrich it collaboratively and evaluate it across different views.

Learn more about Foresight Features.

Customizable criteria enable team members and external experts to rate content in a way that combines collective knowledge.

Learn more about Foresight Features.

Optimize your innovation portfolio by evaluating risk and potential with matrix visualizations.

Learn more about Portfolio Features.

Simple browser extension to collect inspiring content from the web and easily save it directly to the ITONICS Innovation OS.

Learn more about Web Clipper.

Detect signals of change faster with feeds that automatically tag trends, technologies and other forces by topic using machine learning.

Learn more about Foresight Features.

Cut through the noise with an environmental scanning engine that connects the latest developments with what’s important to your business.

Learn more about Insights.

Seamlessly integrate ITONICS into your existing IT infrastructure or 3rd party tools for an enriched and more connected approach.

Learn more about Foresight Features.

Visualize emerging tech and identify their relevance for your business. Today, tomorrow, and in 5 years’ time.

Learn more about Technology Radar.

Accelerate the realization of your innovation goals by finding relevant startups to partner with.

Learn more about Radar.

Distill vast amounts of data with advanced filtering to easily visualize and emphasize what matters.

Learn more about Foresight Features.

Incorporate external expertise from anywhere using ideation tools – for 10 or 100,000 collaborators.

Learn more about Open Innovation.

Accelerating innovation with the Fintech Radar at DZ Bank

To understand changes in the value chain within the banking industry, Germany’s second-largest financial institution, DZ Bank, monitored the fintech startup landscape using ITONICS Radar. The Fintech Radar helped them to gain a company-wide overview of all potential fintech cooperations and identify gaps in the innovation portfolio.

See how

Trend Scouting and Technology Management at Lear - Success Story

Identify signals and opportunities with an AI-enabled platform

Lear Innovation Ventures use the ITONICS AI-enabled platform for signal sensing and data-driven decision-making. The innovation ecosystem of Lear includes collaborations with outside partners from startups, accelerators, incubators, and venture communities.

See how

Innovation Rockstars Podcast Erik Wirsing DB Schenker

Logo_DB_Schenker

Driving innovation in logistics in times of disruption

In this podcast episode, Erik Wirsing, Vice President Global Innovation from DB Schenker, elaborates on how they identify relevant business opportunities to address new trends and technologies in the market and how DB Schenker's cooperation with the startup Velocopoter helps them to drive innovation.

Tune in