The implementation of the plan and strategic recommendations developed by ChemQuest Technology Institute (CQTI) led to an expansion of the client’s commercial products and opportunities in various end-user segments.
The Challenge
A manufacturer of a nano-based material with unique morphological characteristics aimed to explore the material’s capabilities and develop a range of commercial applications.
However, the company lacked the resources and expertise to ideate, develop, and test the product. The internal team was also not familiar with methodologies to identify various potential end-user markets and applications.
Company management turned to the ChemQuest Technology Institute (CQTI) to manage the R&D process and guide them through successful commercialization.
Map Out and Implement R&D Plan
CQTI’s knowledgeable scientists worked to identify commercial opportunities and develop/implement an R&D plan for the client.
Identification of Commercial Opportunities
for a New Product
- Formed predictions regarding how particle morphology would influence material properties
- Mapped unmet needs in the marketplace to the predicted properties
- Developed a list of potential commercial applications that would benefit from the material’s predicted properties
Development and Implementation
of R&D Plan
- Translated commercial opportunities into a phased research program
- Designed and tested materials in our labs according to the research plan
- Overcame technical obstacles that arose during the formulation and testing process
The Results
The client greatly expanded its limited internal capabilities by leveraging our team as its trusted R&D and market assessment partner. The implementation of our plan and strategic recommendations led to an expansion of the client’s commercial products and opportunities in various end-user segments that derive value from the new material.