Technology Trends Analysis and Competitive Intelligence to Define Future Growth Strategy
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Increased competition with low-cost labor countries has brought pressure on the industry to increase the rate of innovation. There is an increasing focus on the grit distribution patterns to improve tool performance and lower machining costs. The engagement included insights on technology breakthroughs and competition.
This engagement helped the client gain insights into segment design/technology – mainly arrangement of diamonds, segment shape, and sintering process. Following questions were answered during the engagement:
FutureBridge conducted extensive secondary, primary (including expert interviews), and patent research to identify the technologies and competitor USPs. The output included the following
The client was able to develop a technology roadmap for the next 10 years by prioritizing the recommended technologies and discovering white spaces from competitive intelligence and customer need gap analysis. The client made product advancements in three specific product categories. Focusing on cutting and sawing offerings fetched the client 15% growth in the first year.
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