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Harness Emerging Technology and Hone Your Competitive Edge
November 11, 2013
Many manufacturers consider new technology all about new equipment, new software; the things you buy to stay competitive. Certainly all part of using technology to be competitive, but it’s not a game-changer.
Redefine what “Technology” Means to Your Business
For many Connecticut manufacturers, gaining a true competitive edge requires expanding into new market opportunities, breaking down barriers to new product development, or addressing declining market share or profitability. To create a real competitive advantage, manufacturers need to use technology to gain dominance within their industrial segment. How? By identifying the right technologies to accelerate product development or improve process efficiency in a truly meaningful way.
CONNSTEP helps Connecticut businesses identify the technologies that fit into their current business models, to propel the business to a new level. We encourage companies to consider technology more broadly than just the latest equipment because if it is something purchased “off the shelf”, the competition can get it just as easily.
Sometimes that technology can be acquired by licensing or outright purchase. In other cases, identifying development partnerships is the more cost effective option. In all cases, CONNSTEP assists companies with identifying and integrating technologies they wouldn’t necessarily have discovered on their own.
Look Beyond Your Industry Segment for Inspiration
Because we work with so many manufacturing companies solving such a broad range of technology challenges, we have an excellent vantage point from which to assess available technologies.
We help companies look beyond what’s immediately obvious, and consider technologies used in different industries that can be adapted to their business to create a powerful advantage. We also assist them in developing the strong market intelligence that enables them to best introduce that technology into their markets and/or apply it to other market applications. We empower them think strategically and then implement the technological tactics that can truly change the game.
Tap Into Transformative Technologies on the Rise in Connecticut
Connecticut is in the midst of a major state effort to assist manufacturers in acquiring or developing new technology through affiliation with The Connecticut Center for Advanced Technology (CCAT), UCONN, and Southern Connecticut State University. This involves making technology more accessible, and, in some cases, providing financial support.
These programs are specifically designed for manufacturers and are leading to advances in machining, faster development of tools for forming, better materials utilization, reduction in the cost of measurement, access to 3D metal printing capability, and process and product improvements.
Discover the True Game-Changing Technologies
From helping Connecticut companies find generic engineering assistance to identifying leading-edge resources in process technology areas, CONNSTEP’s Technology Scouting services are a direct conduit to the most competitive technology resources. By strategically connecting Connecticut manufacturers with the right technology resources (in Connecticut, and on a national level through our affiliation with NIST, the National Institute of Standards in Technology), we have seen businesses achieve true transformation and dramatically widen their potential universe of customers.
This is the kind of technological advancement we can help your business assess and profit from. Let’s broaden the horizons and maximize the benefits of technology together. Call CONNSTEP at (860) 529-5120 for a free consultation and get an idea of how our Technology Scouting professionals can connect your company to transformative technologies. Or send us an email to start the conversation.