Scouting Innovations to Transform Power

July 22, 2016
The electric utility industry is experiencing sweeping, radical restructuring. Legacy bulk-power grid systems are becoming obsolete. As the bulk-power grid wears out, investment is failing to keep up with deterioration. Add on a growing population and more extreme weather, and the power grid is... Read More

How Does Amazon Push the Envelope?

July 01, 2016
Knowledge assets are the critical inventions, patents, or personal expertise that catapults your innovations to market. This could be a collaborative discussion or the discovery of a new formula leading to your company’s most competitive product. In an increasingly innovative world, companies must... Read More

Three Ways to Manage Collaboration in a Safer Environment

May 02, 2016
Companies are entering new markets based on technology or consumer behavior trends to remain competitive, which requires collaboration with external partners. Johnson & Johnson’s Medical Device unit that saw a quarterly sales increase of 1.3 percent to reach $6.1 billion last year credits the... Read More

Tech Scouting Assets - The Technology Landscape Map

April 19, 2016
Having difficulty sorting through external technology in a way that easily translates into a business strategy? Scouting teams are faced with the difficult challenge of scouring through an ever-increasing pool of external innovations and identifying which ones have the potential to create a... Read More

What Transformative Technologies Will Shape the Future of Agriculture?

March 31, 2016
Global food production must increase by 70 percent in order to feed 9.2 billion people by 2050 (1). That places a lot of pressure on farmers to reduce waste, increase crop yields, and search for scalable and novel technologies. Innovative technologies and techniques will help farmers make more... Read More

How do top semiconductor companies scout for new technology?

March 24, 2016
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How Do Chemical Industry Leaders Innovate?

February 24, 2016
      Employ Technology Scouting and IP Management For many industries, innovation is a slow and costly process. This is especially true of capital-intensive verticals such as chemical manufacturing. Yet, innovation remains a top priority for corporate bosses in the chemical industry and a major... Read More

2015 Year In Review for Wellspring

December 17, 2015
2015 has been a year to remember, and we are proud to provide the most robust software solutions for Technology Scouting, Corporate Venture Capital, Tech Transfer, Sponsored Research, and Clinical Trials management. Our dedicated team of professionals has worked hard this year to continue advancing... Read More

New, Better Way to Search for Technology

November 18, 2015
You are tasked to find that all-important next big thing—how do you find it amongst the deluge of information on the web? It’s like finding a needle in a haystack, and the haystack keeps getting bigger. Crowdsourcing and Google searches are shotgun approaches to idea gathering and can take huge... Read More

You’ve Probably Forgotten Your Best Innovation

August 05, 2015
  “You Need an Innovation Strategy” is the title of a recent article in the Harvard Business Review; it is also a statement of fact. An organization without one is, as author Gary Pisano notes, a “grab bag of much-touted best practices” that will only become successful through sheer luck. Pisano... Read More
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