Case 1 - Exploiting New Technologies
Effectively at Unilever
Summary
Unilever has developed patented technology
in the field of neuroscience for
real-time spatial mapping of brain
activity. Before committing substantial
funds to developing the technology
into products and taking them to
market, Unilever Ventures needed
answers to critical market questions.
Using our proprietary methodologies
to analyse adoption drivers, value
drivers and the ‘So What’ test,
Qi3 was able to provide the necessary
information, validate the strength
/ size of market demand and provide
a list of early prospects for the
proposed products. This knowledge
contributed to Unilever Venture’s
decision to form a spin-out company--AlatheiaTM--to
commercialise the technology.
Background
For several years the Cognitive
Neuroscience group of Unilever
Research have been investigating
brain function to gain new understanding
of the basics of sensory perception
and the mechanisms which drive
satisfaction. During the
course of this research Unilever
developed and filed patents on
technology for simultaneous fMRI
scanning and EEG analysis of patients,
which allows real-time spatial
mapping of specific brain activity.
This is a fast developing field
of medical research and treatment.
Unilever Ventures was interested
in exploiting these patents commercially.
However, it needed to know if there
was sufficient market interest and
market size to justify investing
considerable funds in developing
products based on the patents and
bringing them to market. Qi3 undertook
a two phase Technology / Market Evaluation
(TME) project to provide answers
for the key decision making points
in the investment process.
Phase 1
In phase 1 we focussed on answering
the following questions:
- What are the research and clinical
applications that need to make
use of this capability
- What are the clinical and market
drivers behind the adoption of
the technology
- What is the size of the potential
markets
- What are the barriers to adoption,
such as the strength of competitive
methods to providing similar information
- What are the available routes
to market and their relative merits
Because of the multidisciplinary
nature of the technology a small
team was formed which included domain
experts in fMRI, EEG and marketing
/ market research in electro-medical
instrumentation. The domain experts
provided detailed profiles of the
fMRI and EEG markets, while Qi3 proprietary
market research methodologies were
used to investigate the level of
interest in adoption by the market.
A small group of leading edge researchers
were very keen on the technology
and its development, but it was essential
to identify whether the wider community
of neurologists, neurophysiologists,
neuro-radiologists, neuroscientists,
and psychologists had sufficient
interest to create a significant
sized market. Field research also
investigated possible routes to market,
barriers to adoption and competitive
strengths.
As a result of the information,
Unilever Ventures decided to invest
in developing a proof-of-concept
demonstrator for the technology.
Phase 2
Having completed the proof-of-concept
, Unilever then needed to know the
answers to two issues raised in Phase
1 of the market research:
- Are the application needs and
market drivers in the neuroscience
community (either academic or clinical)
strong enough to ensure that functional
EEG is adopted as a widespread
research technique rather than
remaining a specialist interest,
and how quickly will this happen?
- Are the benefits of real-time
signal processing sufficient to
create sustained and long-term
competitive advantage over existing
techniques such as signal post
processing?
To answer these questions we carried
out a number face to face and telephone
interviews with leading clinical
consultants and academics in the
fields of neurology, neurophysiology,
neuro-radiology, neuroscience, psychiatry
and psychology in the UK, Germany,
Eire, and the USA.
Qi3 proprietary methodologies established
the strength of the market drivers,
the reasons for the long-term competitive
advantages of the technology, likely
speed of adoption, and practical
issues for adoption such as availability
of funds. Another valuable outcome
from the field research was a list
of opinion leaders across the world
who were interested in evaluating
the product when it became available
and acting as beta test sites. This
was, in effect, an early sales prospect
list, and validated the strength
of market interest in the technology.
Outcome
Based on this feedback, Unilever
continued development and has now
formed a spin-out company to commercialise
the product. Alatheia Limited was
established in 2004 with a vision
to develop innovative solutions
to the problems of data acquisition
in fMRI environments. AlatheiaTM
has developed a breakthrough concept
that is under development in its
first product, fEEG. fEEG
aims to use active noise cancellation
techniques to eliminate MR scanner
noise at the source. Once
fully developed, this system is
expected to help ensure the integrity
of the EEG signal and moreover
is expected to offer time, cost
and efficiency benefits for academic
researchers and clinicians.
* fEEG is not yet available for sale in the U.S. and
is not yet safety tested or FDA cleared for use in the U.S. |