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The utility of comprehensive market data spans all facets of internal reporting and external engagement. The availability of high-quality data is Suitable for providing dependable and high-quality data and analysis to assist your internal and external presentations, lending authority and transparency to all forecasts and strategic narratives shared with stakeholders. Data enables you to precisely sort new clients or possible partners into the demographic you’re looking for, allowing for highly targeted and effective personalized engagement and high-conversion sales funnels. To increase and grow business potential and reach, develop and plan licencing and licencing strategies by finding possible partners with the most appealing projects that have demonstrated market traction through verifiable data. Furthermore, data is essential to recognize newcomers with potentially strong product portfolios and devise effective counter-strategies to acquire a competitive edge by accurately quantifying the risk they pose to existing market share. Most importantly, to develop effective R&D strategies, gather information, analysis, and strategic insight from competitors, utilizing competitor data to benchmark product performance and identify technological gaps to address through focused innovation.