FOR IMMEDIATE RELEASE

Traction Technology Launches Traction AI: A Game-Changer in Technology Scouting and Innovation Management

[New York, New York] – Traction Technology, a leader in innovation management solutions, is excited to announce the launch of Traction AI, a cutting-edge AI-powered solution designed to transform how organizations scout for new technologies, evaluate vendors, and conduct market research to make faster, smarter decisions.

With Traction AI, organizations can uncover emerging trends, identify the best solutions, and accelerate innovation—reducing weeks of manual research into actionable insights delivered in minutes. Acting as a Virtual Technology Scout, Traction AI delivers data-driven insights and simplifies the most complex aspects of technology scouting and innovation management. Whether businesses need to stay ahead of industry trends, assess potential partners, or streamline vendor selection, Traction AI empowers teams with unparalleled efficiency, security, and speed.

Why Traction AI is a Game-Changer

"Technology scouting has traditionally been a time-consuming and resource-intensive process. With Traction AI, we’ve eliminated these inefficiencies by leveraging the power of AI to deliver insights instantly," says Neal Silverman, Co-Founder of Traction Technology. "By combining advanced AI with our proprietary architecture, Traction AI transforms weeks of research into clear, actionable intelligence—allowing organizations to make better decisions, faster."

How Traction AI Stands Out

• Spots Trends – Discover emerging technologies and market opportunities that align with strategic goals.
• Analyzes Problems – Input complex business challenges and receive tailored insights and AI-powered recommendations.
• Recommends Vendors – Identify the most relevant technology partners to drive innovation initiatives forward.

AI-Powered Innovation: Key Features of Traction AI

Traction AI comes equipped with advanced features designed to enhance every step of the innovation workflow:

• Trend Reports – Gain instant access to market trends, key players, and growth opportunities through detailed, AI-generated reports.
• SWOT Analysis – Generate comprehensive reports outlining the relative Strengths, Weaknesses, Opportunities, and Threats (SWOT) of vendors and market trends.
• Company Snapshots – View concise company profiles, complete with product details, differentiators, and key takeaways.
• Vendor Recommendations – Put in the specific challenge you are trying to solve and receive a curated list of technology companies that can solve that problem.
• Auto-Tagging – Reduce errors and save time with automated company categorization using your own custom taxonomies.

See how it works:

Built for Security and Reliability

Traction AI is engineered to meet the highest standards of security and reliability. Built on a Retrieval-Augmented Generation (RAG) architecture and secured in the the AWS Bedrock environment Traction AI ensures:

• Isolated Data – All customer data and prompts remain secure and separate from other customer data and external LLMs.
• Role-Based Access – Customizable access controls to protect sensitive information.
• Accurate Insights – Advanced AI eliminates hallucinations, ensuring precise and reliable answers.

Leaders Innovating with Traction AI

Industry leaders are already leveraging Traction Technology to power their innovation strategies. With Traction AI, they are scouting smarter, evaluating vendors faster, and staying ahead of the competition. Work that took days to complete is being done in minutes.

Experience Traction AI Today

Traction AI is the future of Innovation Management and is available now. Organizations looking to streamline their technology scouting and innovation processes can experience the power of Traction AI firsthand.

Don’t let outdated processes slow you down—embrace AI to drive your innovation strategy forward.

👉 Schedule a Demo Today and discover how Traction AI can help your team scout smarter, evaluate faster, and innovate boldly!

About Traction Technology

AI-Powered Innovation

Traction Technology is a provider of the world’s leading innovation management platform, empowering organizations to stay ahead in today’s fast-changing markets. Our platform combines advanced artificial intelligence with enterprise-grade security to help businesses discover, evaluate, and implement cutting-edge technologies. Trusted by industry leaders across multiple sectors, Traction Technology is committed to driving efficiency, reducing risk, and enabling data-driven decisions that accelerate growth and innovation.

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