Phase II Amount
$1,498,068
TechNexts current technology provides a comprehensive taxonomy of 150,000+ technologies, covering 99% of all US patents from 1976 to 2015 and the linkages between them. TechNexts tools provide a dynamic visual assessment of linkages between technology domains by modeling information flow between them. TechNexts tools can allow AFNWC and DoD stakeholders at large to search, catalog, explore and anticipate directional technological progress and potential for innovation for any technology in academia or industry, domestically or internationally, to ensure sustainable superior technological standing. TechNexts current databases include USPTO data and can be expanded to additional databases. TechNexts algorithms based on citation networks within the patent network as well as scientific literature can be applied to pertinent technologies of interest to AFNWC, academia and industry for objective, quantifiable and infinitely iterable assessments and analyses. In addition to TechNexts dynamic taxonomy giving its users the ability to search and catalog 150,000 technologies covering 99% of the USPTO network, TechNexts research and tools provide an objective and quantitative estimation of potential for any existing & emerging technology. Current TechNext offerings have been fine-tuned by closely working with key DoD stakeholders. TechNext is a MIT spin-off developing a software solution building on 20 years of cutting-edge empirical & information research at MIT, using artificial intelligence, machine learning, natural language processing and predictive analytics. The program objective is to provide tools to address the lack of objective technological forecasting and horizon scanning capabilities despite a critical need for them in the DoD. Defense leadership, program managers, R&D teams at DoD and other government agencies, corporations and consulting firms will have access to fast, economical, objective and infinitely-iterable forecasts for technologies of interest. This will allow strategic and efficient deployment of human and financial capital for capability development and R&D, aiding strategic planning and program management.