Case Study: a major building products company accelerates innovation scouting with Wellspring Scout

Major Building Products Manufacturer Prepares For the Future of the Built Environment With Insights From Patents, Grants, and Publications

The Innovation team at a major building products manufacturer faced the challenge of sifting through vast amounts of data from disparate sources to track new technologies and competitor activity, a process that was extremely time-consuming and tedious. To address this, they turned to the vendor Wellspring and its Scout platform.

Using Wellspring’s Scout, the team automated their scouting process with access to patents, grants, and publications, along with alerts for new developments. This solution dramatically reduced the time spent on information gathering, provided crucial insights into industry trends, and helped build an archive of institutional knowledge. Wellspring’s Scout transformed their scouting process, making it far more efficient and empowering the team to make forward-thinking decisions for the company's future.