Looking for Disruptive Technologies? VentureRadar is the place for you

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Every once in a while I come across a phenomenal resource that I want to share, and VentureRadar is just such a site.

If you want to find out which companies are leading the way in disruptive and innovative technologies, VentureRadar will crawl through publicly available data and show you who’s hot.  The Company was founded by Andrew Thomson, PhD who contributed to the building of an online intelligence tool used by Dow Jones.  His team also includes two  PhDs and a Masters Degree – their knowledge spanning artificial intelligence, machine learning, mathematics, statistics, and science.
How do it work?

It’s basically a search engine.  Type what you’re looking for and let the magic unfold.

For example, if I type in the phrase, “Wearable” I get these results.  If I click on the first company, Wearable Intelligence, I get this report which is shown below as well.

Screen Capture from VentureRadar

Screen Capture from VentureRadar

I asked Dr, Thomson, how Innovation and Growth Signals were defined and he kindly provided the following:

“Innovation Signals: There are two elements we consider when measuring innovation: proprietary technology/skills/business models, and the potential for disrupting industries. Highly rated companies can include both established or even consulting based companies (so for example a contract R&D company would be often be considered innovative) as well as disruptive start-ups.

Growth Signals: This measures the ‘momentum’ of the company, which could be through revenue but more often through other metrics which can infer business momentum, such as partnerships, awards, funding events, press coverage, social media, etc.”

Here’s what a company like Uber looks like:

Uber's profile on VentureRadar

Uber’s profile on VentureRadar

On the flipside, there are companies like well established IDE Technologies, leaders in water desalination.

IDE Technologies Well established but also leading the way in developing water desalination technologies

IDE Technologies
Well established but also leading the way in developing water desalination technologies

In my opinion, VentureRadar is a pretty amazing platform for locating those companies that could be competition, or partners.

It is also a valuable resource if you’re looking to map how a certain technology will develop over the next 5 years.   Once you can see where things may be going, your strategic and scenario planning can take that into account, giving you a better feel for the accuracy of future scenarios.

I’ll be using this for sure in my work.  Pay them a visit.  I’d love to hear what you think about VentureRadar.

Republished with author's permission from original post.

Michael Plishka
Michael Plishka is the President and Founder of ZenStorming Solutions, LLC an innovation design consultancy. He believes in co-design methodologies, sharing design thinking essentials - empowering people and companies to make a difference with their products and services.

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