Wellspring Tech Scouting
4.9
1

Not Claimed

Wellspring's software uses machine learning to gather data from various sources such as patents, publications, grants, startups, technology marketplaces, and regulatory filings to create profiles of innovative people, companies, and fields of research. This helps technology scouting teams to identify new and emerging technologies and recognize disruptive threats in their industry. The software provides a single interface to search thousands of data sources and enables users to identify, evaluate, and act on the next disruption in their industry. There are also case studies available for the apparel and chemical industries.
Developer
Wellspring Worldwide
HQ Location
Chicago, IL
Number of Employees
75
Strengths
  • Comprehensive database

    Contains a vast amount of information on emerging technologies and startups

  • Customizable search filters

    Allows users to tailor their search criteria to specific needs

  • Collaboration tools

    Enables team members to share and discuss findings within the platform

Weaknesses
  • Expensive pricing

    May not be affordable for small businesses or startups

  • Limited integrations

    May not be compatible with all existing software tools

  • Steep learning curve

    May require significant training to fully utilize all features

Opportunities
  • Increasing interest in emerging technologies and startups creates a larger market for the product
  • Opportunity to collaborate with other SaaS companies to expand offerings
  • Potential to broaden customer base by targeting industries beyond technology
Threats
  • May struggle to differentiate from other tech scouting software options
  • Decreased spending on technology and innovation during economic downturns could impact sales
  • Increased scrutiny on data privacy could impact the collection and use of information within the platform

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http://www.wellspring.com
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Wellspring Tech Scouting Plan

Wellspring Tech Scouting offers three pricing tiers based on the number of users, starting at $10,000 per year.
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