Wellspring, the leader in technology scouting, technology transfer, and corporate venturing software, and Deep Web Technologies (DWT), the leader in next-generation federated search, have announced a partnership that transforms how organisations find and evaluate emerging technologies. The integrated software system delivers the capability for organisations to search simultaneously from over thirty authoritative sources, including patent, publication, expertise, and invention databases, to discover the highest potential opportunities and investments.
Attendees of the Wellspring User Group Meeting in Chicago on October 8 and 9 will be the first to see the new tool, named Search Once Scouting.
The jointly developed solution will be integrated into Wellspring's software platform to offer a simple, fast way to find technologies, import them as new records with no data entry, then manage the evaluation and acquisition process. Over 100 million records are simultaneously searched in real time with aggregated, ranked, and deduplicated results delivered to eliminate wasted effort. Within Wellspring's software platform, innovation-driven companies can quickly route and evaluate technology and investment opportunities imported from the search. Technology transfer offices can utilize Search Once Scouting to evaluate the competitive landscape. Unlike spreadsheets, databases, and document-sharing systems, all opportunities can be managed with sourcing and investment processes united in one place to ensure true collaboration and best practices application.
DWT has fifteen years of experience accessing high-value scientific repositories around the world, as well as being behind major portals such as Science.gov, WorldWideScience.org, and the National Library of Energy. A sample set of information sources available in the joint solution include: government databases such as PubMed from NIH; Defense Technical Information Center reports from the U.S. Department of Defense, and SciTech Connect from the U.S. Department of Energy; publisher databases from the American Chemical Society, Elsevier, and IEEE; and patent databases from the United States and Europe.
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