Thursday, May 19, 2022
News

GreyB's innovative spirit fuels business owners' desire to succeed

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Business | January 10, 2022 5:19:59 PM IST
New Delhi [India], January 10 (ANI/GIPR): Innovation is the key when it comes technological advances in business sector.

With the pandemic having hit the world two years ago, the past months have seen a wave of innovations in the technical know-how when it comes to ease of doing business worldwide.

The companies who are at the forefront of this advancement in technology are the cornerstone of economic growth, no doubt. Whether it is keeping track of client problems, or supplying solutions to the same, making strategic decisions and their subsequent execution cannot be done without necessary patents and technological help.

GreyB, a visionary company launched when recession was at its peak during 2008, understands this dilemma of not every company owner being able to afford the extra cost of hiring the innovation necessary for the successful run of operations. Therefore, the company decided to launch a platform where knowledge was available to companies who wanted to piggyback on innovation, without having to burn a hole in their budget.

Just like one could learn from other's mistakes, GreyB offers a chance to business owners to use technology and innovation invented by others to resolve their own problems. The company is actively involved in the following three areas - 1)Helping companies pinpoint future technology areas and whitespaces; 2) Helping companies generate money for their innovations; and 3) Helping companies defend themselves in patent-related legal cases.

Shikhar Sahni, Sr. Vice President at GreyB for its R&D Strategy, explains his company's approach, "One easy way companies can innovate is by correlating insights from nearby industries that can impact the business. Patent activity doesn't always have to be a solution to present-day problems. Sometimes, a company can benefit by keeping an eye out for startups that are solving problems that might arise in the future of business world. By looking at futuristic patent activity, companies can resolve the cost and solution problem at once."

Usually, if a company doesn't innovate with time, the technology that it is using may end up being obsolete. With that the chances of success of a company are also reduced. Technology keeps advancing with every passing minute and the best way to keep track of it is by asking for help, such as provided by companies like GreyB.

This story is provided by GIPR. ANI will not be responsible in any way for the content of this article. (ANI/GIPR)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
Tanla platforms appoints TRAI veteran Su...
Odisha Govt extends 'Mission Shakti' sch...
Mtalkz to host an event on 'The Art of L...
Ulaganayagan Kamal Haasan reveals the Vi...
CAMPCO sweetens business performance wit...
HarperCollins presents STARTUP COMPASS: ...
More...
 
INDIA WORLD ASIA
Delhi Shocker: 13-yr-old raped by 8 peop...
Ex-SI of RPF gets 3-yr RI for bribe...
Little overnight rainfall brings relief ...
Man-made highlands to save animals durin...
Panic over essential items as key NE rai...
Bihar cop found drinking inside police s...
More...    
 
 Top Stories
President Kovind, Prime Minister Ra... 
8th edition of SHRM India HR Tech c... 
Jr NTR announces his next project o... 
Israel doctors go on strike over vi... 
OYO announces a free stay after 5 n... 
India's Ambassador meets Comoros's ... 
KTR holds series of meetings with t... 
KTR meets GSK Consumer Health head,...