How a national innovation agency used webAI for innovation ecosystem mapping.
In a nutshell
We utilized our webAI technology to calculate innovation scores for all Austrian companies. We provided insights into the innovation ecosystem based on company size, industry, and region.
What was the challenge?
Our client, a leading research funding agency, needed a reliable way to analyze and predict the innovativeness of Austrian companies. Their primary goals were to develop a predictive model that could assess the product innovation potential across all Austrian companies and to identify any trends or patterns related to company size, industry, or region.How can they do a company profiling and forecast the product innovativeness of all companies throughout Austria in at timely and cost-effective? What insights can be drawn regarding how company size, industry, or geographical location impact innovation?
How did we help?
Using our webAI technology, we analyzed the websites of all Austrian companies in order to calculate ourwebAI InnoProb web-based innovation indicator. InnoProb leverages a scientifically-based AI approach to predict the likelihood of product innovation in the analyzed company. This allowed us to calculate InnoProb scores at the individual company level.Building on this data, we conducted an in-depth exploratory analysis, examining the forecast results in relation to company size, industry, and region.
How did we add value?
By leveraging ISTARI's webAI technology and InnoProb model, we successfully predicted the innovation scores of Austrian companies. In addition, our client received comprehensive up-to-date statistics, illustrations, and maps that visually represent the results of the exploratory data analysis.