Covestro (formerly Bayer MaterialScience), a leading global chemicals company, wanted to accelerate its innovation by leveraging external startups in China. We helped them map the entire Chinese startup ecosystem and contextual environment by mining policy documents, news articles, and data on hundreds of thousands of investment deals.
We used the next-generation text analytics tool Dcipher Analytics to structure this data and transform it into a network of ownership relationships, which helped Covestro understand the structure and stakeholders of the startup landscape and identify high-potential startups for collaboration. For more insights from the project, read this public report.
If you want to know more about how your organization can adopt the new approach to contextual analysis, don't hesitate to get in touch with us.