OmniSync’s newest product, TurboInnovate, is the most comprehensive, innovation-specific market research tool available at an affordable cost. This tool helps innovators and innovation seekers identify and act upon opportunities to successfully commercialize technologies. Our tool is trusted by federal agencies and built with the most comprehensive market data brought together in one place and personalized to your innovation. If you want to learn more about the creation, use, and potential of the tool read more here! TurboInnovate: Track and Predict the Future of Innovation.
TurboInnovate is built to serve everyone across the innovation landscape. Designed for both the commercial user and the government user, TurboInnovate has been created to offer top of the line market research data. There are differences to both sides of this tool and, in this blog, we will be exploring what TurboInnovate can offer you.
The Government User
As is the case with many cutting-edge innovations, the concept of TurboInnovate was first developed in response to a problem set that we discussed with potential end-users of the product - innovation leaders in organizations, such as the US Air Force. Shortly after, we won funding on an Air Force contract through the AFWERX open topic SBIR/STTR solicitation. OmniSync continues to work closely with the U.S. government as a critical method of achieving our mission to empower innovation. Amid our multiple Phase I, II, and III awards across various federal agencies, one of our AFWERX Phase I awards stands out for its role in shaping our thoughts and government positioning, which ultimately gave rise to TurboInnovate as it is now. Shortly after, we were awarded a Phase II SBIR contract in 2022, for the prototyping and testing of the government use-case for TurboInnovate. During Phase II testing, we exceeded the project’s user projections by more than 1,000% organically and with overwhelmingly positive feedback. Here’s what some folks have said:
The problem identified by OmniSync is that the current way of conducting comprehensive market research for government initiatives is ultimately ineffective. Conducting market research is simple only when researching a popular and extensive area or when looking at later-stage companies with mature innovations. TurboInnovate is federally backed by both the U.S. Air Force and Department of Energy. We have worked tirelessly to collaborate with these agencies and develop a product that could best bridge the government’s market research gap. Each generated report is customized to the user's area of interest. You can gain access to millions of data points, contacts, etc. in just a few clicks. TurboInnovate’s government user side is designed to help the government researcher answer the following questions: “Is there anything else out there?” “What other companies are out there?”. “Did I buy correctly?”
TurboInnovate’s market research capabilities can provide several benefits to a federal funding agency:
Comprehensive Market Insights: TurboInnovate provides the ability to access millions of inventions all throughout the innovation marketplace. Agencies can view what is on the market and what is being made. TurboInnovate provides the most up to date list of patents and funded materials in your field of interest to give you the most current and comprehensive market information. The government side of TurboInnovate also offers information on Air Force Challenges and federal lab tech, making the information available that much more invaluable.
Today, TurboInnovate combines a massive corpus of innovation data with best-in-class semantic querying, automated AI-assisted project report generation, as well as functionality to request further information from innovators. All features were developed in-house by our talented engineering team and packaged into a modern and intuitive user-interface, and additionally, made available through an API.
The Commercial User
When creating an account, you will be given the opportunity to identify yourself as a government or commercial user. A commercial user can be:
TurboInnovate's versatile capability to analyze a vast amount of innovation data quickly and compile it effectively and comprehensively makes it the most essential market research tool. Market research is critical for devising effective commercialization strategies. Without a well-informed understanding of the market landscape, trends, competition, and much more you will be left to navigate the innovation journey based on guesswork or hours and hours of research. How TurboInnovate can best serve you depends on how you wish to use it.
Research on Unique and Innovative Markets: An underserved area we were able to identify is that conducting comprehensive market research on up-and-coming technologies is time-consuming and strenuous. Many market research reports that can be purchased do not provide the insights needed on new and innovative technologies. TurboInnovate was designed to bridge that gap and conduct the most accurate and up to date data on the user’s field of interest no matter the field.
Today, TurboInnovate combines a massive corpus of innovation data with best-in-class semantic querying, automated AI-assisted project report generation, as well as functionality to request further information from innovators. All features were developed in-house by our talented engineering team and packaged into a modern and intuitive user-interface, and additionally, made available through an API.
For University Tech Transfer Offices
For University Tech Transfer Offices TurboInnovate provides valuable insights and information that can guide business decisions and strategies:
Overall, TurboInnovate empowers entrepreneurial support organizations and university technology transfer office, investors, startups and alike with valuable information and insights that enable them to make informed investment decisions, mitigate risks, and maximize the potential return on their investments. By leveraging market research, you can identify attractive investment opportunities, evaluate viability of a market, gain a competitive edge, make informed decisions, and increase the chances of business success.
TurboInnovate is an invaluable tool that is the most cost effective, comprehensive, fast, up to date market research software on the market. OmniSync is proud to have created such an essential and accessible tool to anyone within the innovation landscape. To get started, schedule a call with one of our expert team members!
