Leveraging Industrial Technology

Leveraging a company’s existing technological asset base or its business technology experience continues to offer cost efficient growth opportunities, even in a harsh economic climate.

Early-stage companies, particularly those in the clean-technology and renewable energy sectors for example, are currently looking to commercialize their technology-based products and processes.  However, these companies often lack the experience or business relationships to capitalize upon these innovations and effectively commercialize such opportunities.

More established companies often lose the necessary resources to identify, evaluate, and capitalize upon their own technologies, often through divestiture, attrition or the need for key resources to focus on day-to-day business activity.

Other companies may find that they have older technological assets, patents or knowledge, once thought to have no practical application, but which now may offer excellent growth opportunities.

Wherever a company may be on the business/technology growth curve, many are discovering that the use of an experienced, independent business technology advisor can help them:

• Identify new or existing markets either technological or geographic for their existing products and processes
• Efficiently and effectively extract value from them through commercial adaption, marketing and exploitation
• Facilitate relationship building to promote increased profitability
• Provide experienced guidance to mitigate the risks associated with taking these products to market 

Westport Business Solutions professional members have extensive experience in each of these areas. They have helped many companies identify commercial opportunities for both new and existing technologies. Where technology gaps have been found to exist, they have helped clients go out and acquire the businesses or technologies necessary. Finally, they have helped take these products to market by using their own professional networks to facilitate the establishment and acceptance of the client and the product into the market.

These professionals have a global track record of successfully leveraging technologies into markets that include the Americas, Europe on Asia.

Contact us if your company has an unexploited or underexploited business technology or technological asset, or even an asset which you may regard as a potential opportunity. Find out how we can help transform it into a valuable source of revenue to your business.

Leveraging Industrial Technologies Practice Leader - Peter Wrampe