Tag Archive for 'competitive intelligence'

Competitive Intelligence Research With Google Squared?

One of the most challenging aspects of competitive intelligence research is getting a grasp of a subject that we are unfamiliar with.  Many of us have dealt with clients who have given an online research mandate that is out of our scope of expertise however; it is matter of how much time that we are willing to dedicate to the task.

Google has created another application that may help out online researchers in a big way.

Google Squared is a tool that attempts to give some structure to results that are available via a typical search query.  Results are presented in a spreadsheet format instead of the conventional listings on numerous pages.  This enables researchers to assess results given the scope of the keywords entered in order to get basic facts about the subject that is being researched.

Case Scenario:

A client from the North American car parts sector is interested in expanding into Europe.  In order to make an informed decision on whether or not to go ahead with the market expansion, an industry profile is needed for Europe.

Solution:

Google Squared permits users to enter the subject into a search interface to begin building the square (or spreadsheet).  The interface is shown in Figure 1 with the keywords, “European automobile industry”:

Figure 1: Google Squared Search Interface

Once users click on “Square it”, Google will provide another input interface in which users must put their additional keywords (or items) to put some context to the search to continue building the square.   As seen in Figure 2, keywords such as “sales”, “trends”, “growth” and “competitors” are entered to obtain information for the elements of the industry profile.

Figure 2: Building A Google Square For “European Automobile Industry”

The square is finally created as users click on “Square it” as illustrated below in Figure 3.

Figure 3: Google Square For “European Automobile Industry”

The square is composed of the following elements:

  • Item Name (Keywords)
  • Image
  • Description
  • Price (If associated with paid content source)

The square can be modified to eliminate irrelevant content and sorted.  Figure 4 is a screen shot of the square sorted alphabetically and highlighted in yellow, data regarding sales growth.

Figure 4: Sorted Squared To Find Sales Growth Data
Click On Image To Enlarge

When the “Description” cell of the square is clicked on, a box with web results will appear (as seen in Figure 4) when users can actually access hyperlinks to the web pages with the information.

The final product of any Google Squared search query can be shared with others, exported in a .csv file or a Google Spreadsheet and saved to a Google Account.

Google Squared is available at www.google.com/squared

Interested in using different online search tools to be an efficient researcher? Attend Intelegia’s seminar, “Effective Online Research Strategies

Making Advanced Online Searching Easier With Gdocu

Pop quiz….

Which of the following search statements will permit you to access information in a Microsoft PowerPoint document regarding trends in the North American automobile industry?

a) flietype:.ppt, trends + “North American” + “automobile industry”

b) trends + “North American” + “automobile industry”, .ppt

c) trends + “North American” + “automobile industry” filetype:ppt

If you have selected either a) or b), it is recommended that you continue reading.

The correct answer is c)

Although it maybe difficult for some to remember how to structure a search query for a specific file format, there may be an easier way to conduct an advanced search of the web.

Gdocu is a search tool that permits users to find information in a specific file format by entering keywords and clicking within a radio button.  Using such a  tool will assist in filtering search results to locate relevant information efficiently.

Why scan through a number of pages looking for an annual report when you can easily surf through just a few .pdf documents? Annual reports are often available in .pdf.

As of February 18th, the tool can retrieve the following types of document formats:

  • PDF
  • Word
  • PowerPoint
  • Other Formats (i.e., Excel, Design Web Format)
  • Only Websites
  • All The Web

Figure 1 illustrates the search interface of Gdocu.

Figure 1: Gdocu Search Interface

Case Scenario

You are interested in finding a spreadsheet (in Excel) that contains the export levels of petroleum of Canada in 2008.  Figure 2 presents the query that is entered to find the relevant data as specified.


Figure 3: Search Query For Finding Export Data For Petroleum In Canada For 2008

By selecting “Other Formats”, Gdocu will provide only Excel files (XLS).  Results for the query are presented in Figure 4, where the most relevant result is highlighted in yellow.

Figure 4: Results For The Query:: export + petroleum + Canada + 2008
Click On Image To Enlarge

As stated on their index page, Gdoc is NOT a Google product however; it has been created by the Google Custom Search application.

Although Gdoc is a very good tool to conduct advanced web searches however; it is just the beginning when attempting an exhaustive search of the internet.

Gdoc is available at www.gdocu.com

Looking to enhance your team’s online searching skills?  Attend Intelegia’s seminar, “Advanced Business Intelligence Gathering Approaches

Google News Timeline Helping To Connect The Dots

Have you taken a look at what Google has in their product / service pipeline?

Google Labs provide users with the ability to test new search applications.  Here is a nifty tool that may interest competitive intelligence researchers and analysts.

Google News Timeline is an application that plots search results of news on a dateline.  News content may come in the form of articles and video clips.  Figure 1 illustrates Google News Timeline for the query: Kraft + Cadbury.

alt=

Figure 1: Plotting Results For News Search, “Kraft” + Cadbury
Please Click On Image To Enlarge

The timeline that is provided can be navigated by clicking on the arrows located on the top left and right hands side of the page and as well as the Window sidebar.

Although the application is in the beta testing phase, it could be useful in profiling competitors’ past, present and future strategic initiatives.  By having the ability to view important strategic intelligence on a timeline, analysts can be able to anticipate a specific strategic move and how it will be implemented.

In the case of Kraft, researchers can discover that on December 19, 2009, Kraft hired an acquisition expert from Heineken.  By profiling, Jean-François van Boxmeer, competitors of Kraft can have an idea of his strategies that was used in the past and what could be put into place for the Cadbury acquisition.

Google News Timeline is available at newstimeline.googlelabs.com

Website Monitoring Using Google Reader

Here is a quick tip for those who are interested in setting up a website monitoring system.

There are plenty of website monitoring services on the web however; some come with a cost.

Thanks to Google, internet users can now be alerted whether content has been modified on a webpage.  All that is needed is a valid Google Reader account.

Once logged in,  be sure to follow these 4 steps.

Step 1: Select or highlight the address of the website or webpage that you wish to track.  (In this case example, we have selected, The Northern Lights Mining Network Facebook Fan Page.)

Step 2: Copy the hyperlink - http://www.facebook.com/NLMNpage

Step 3: In your Google Reader account, click on the “Add a subscription” button highlighted in yellow in Figure 1:

Figure 1:Google Reader - Adding a subscription
Click On Image To Enlarge

Step 4: Click on the “Add a subscription” button and paste the url of the page that you wish to monitor.  Figure 2 illustrates this procedure.

Figure 2: Adding The URL Of The Website That Will Be Tracked
Click On Image To Enlarge

Step 5: Click on the “Add button” to place the site as one of your subscriptions as seen in Figure 3.

Figure 3: Viewing Subscriptions and Associated Alerts
Click On Image To Enlarge

Once new content appears on the Facebook Fan Page, the subscription feed is updated where the most recent content is posted  on top as highlighted in yellow in Figure 4.

Figure 4: New Content Displayed On Google Reader

Needless to say, this application can be used efficiently to monitor social networks for economic development.

Learn more internet tools for economic intelligence gathering at Intelegia’s seminar, “Economic Intelligence For Foreign Direct Investment Attraction

Competitive Intelligence Research With Thoora

News search tools are rapidly changing.  With the advent of Web 2.0 platforms such as blogs,  Facebook and Twitter, news and analysis can be available within a matter of clicks from various search tools.  A tool such as Thoora aggregates popular news content and provides a couple of other value added features.

The results from Thoora are broken down into three distinct sections.

1. Current Popular Stories

In this section, users have access to the relevant articles based on the keywords that are entered.  Figure 1 illustrates the results for the keywords, “Kraft” and “Cadbury”.

Figure 1: News Results For Kraft and Cadbury on Thoora

Along with initial results, the tool gives users access to links to related articles and blog posts.  Results can be sorted by time period (i.e., 24 hours, 2 days, 1 week)

2.  Search Stats

This section provides information regarding search queries for the keywords for news and blogs postings for the past seven days.  Figure 2 presents a look at the search stats for “Kraft” and “Cadbury” by category breakdown.

Figure 2: Search Stats For Kraft and Cadbury

3. Twitter Results

The third section of Thoora contains results from Twitter feeds.  Figure 3 below shows the results for both keywords on the popular social network tool.

Figure 3: Results From Twitter For The Keywords, Kraft and Cadbury

Thoora, a real time search engine, allows competitive intelligence researchers to conduct a news and Twitter feeds in one place on the web.

Thoora is available at www.thoora.com

Need to improve your online researching skills?  Attend Intelegia’s seminar, “Effective Online Research Strategies

Monitoring Social Networks For Economic Development

As of January 8th, 2010, results for the keyword search, “economic development” on Facebook yielded 396 hits for fan pages. These pages are not only built for promotional purposes but to share information with the city’s or region’s stakeholders.   As a result, the pages become as a public source of information in which competitive intelligence data can be gathered for economic development purposes.

Search Results For “Economic Development” On Facebook For Fan Pages

With the use of Google, some think that there is no need to monitor content on social networks such as Facebook, Twitter and Flickr.  An argument can be made that tracking information via these platforms may contribute to a region’s economic development strategy by providing strategic intelligence.

How you may ask? Consider the following:

  • Facebook Fan Pages serve as a compliment to websites and hence provides information on a frequent basis.   The pages are easier to update than websites and enables agencies to maintain the resource within a matter clicks.
  • Twitter pages can be used as a tool to push relevant information to interested individuals.  Information such as local or regional news, analysis reports or details on financial assistance programs can be available.

The motivation to “Become a Fan” or “Follow” is simple to understand from competitive intelligence point of view.  Individuals with accounts for both social networks can have a steady stream of information on regions and/or cities that are competing for investment dollars from around the globe.

Strategic intelligence for economic development purposes that can be gleaned on Web 2.0 can be in the form of:

  • Success stories in the region
  • List of key sectors / companies in the region / cities
  • Successful incentive programs
  • Regions’ value propositions

To learn more about monitoring social networks for economic development, attend Intelegia’s seminar, “Optimize Investment Attraction Strategy Through Information and Social Media Applications“.

Northern Light Search Tool

Here is an internet research tool that is very valuable but does not come to mind when discussing search tools.

Northern Light Search portal is a handy tool to find information efficiently.  Figure 1 presents the index page of the research portal.

Figure 1: Index Page Of Northern Light Search
Click On Image To Enlarge

By default, the index page is composed of the following sections:

  • Quick Search
  • My Favorite Research
  • Most Popular Search Terms
  • Most Popular Articles
  • Most Mentioned Venture Funded Companies
  • Most Mentioned Business Issues

For the purposes of this blog, the “Quick Search” function was used with the keywords, “foreign direct investment”.  The results are presented in Figure 2.

Figure 2: Results For Keywords, “foreign direct investment”
Click On Image To Enlarge

Once the results are provided, they are different options that users can benefit from such as:

  • Save this Search - Save a query for future reference or use.
  • Edit this Search - Modify a query to add or remove keywords or operates.
  • Sort by Date - Sort results by publication date.
  • MI Analyst - MI Analyst combines the power of Northern Light’s best-in-class free-text searching with advanced text analytics developed specifically for Market Intelligence applications.
  • Toggle Your Search - Select where you would like your results to  come from. (i.e.,  blogs, national news sources, regional news sources, white papers)
  • Analyze Your Search - Identify relevant results by Northern Light text analysis application.

Figure 3 illustrates the “Toogled National and Global Search” for “foreign direct investment”.

Figure 3: “Toogled National and Global Search” for “foreign direct investment”
Click On Image To Enlarge

What is interesting about the Northern Light tool is the search interface page.   The page is divided into two parts: I) General Search & II) Expert Search

I) General Search

Figure 4 presents a look at the search interface for the General Search function.

Figure 4: General Search Interface On Northern Light
Click On Image To Enlarge

The General function not only allows you to search the web but specifically:

  • Online publications
  • Websites if you enter a web address in the URL field
  • News, blogs and white papers

II) Expert Search

The Expert Search permits access to online sources for subject-specific information found by internet research experts.   There are 10 subject-specific directories that are offered on the page.  A sample of the directories can be seen in Figure 5.

Figure 5: Expert Search Interface On Northern Light
Click On Image To Enlarge

To benefit from the full compliment of options, an username and password can be obtained for free.

Northern Light Search is available at www.nlsearch.com

Learn about additional internet research tools in Intelegia’s seminar, “Effective Online Research Strategies“.

Search Google Groups For Strategic Intelligence

Before the advent of Facebook Groups, there was Google Groups.  Google Groups is a platform that allows individuals to post messages and receive replies from others.

From a competitive intelligence point of view, Google Groups is valuable due its ability to provide access to the archive of Usenet newsgroup postings dating back to 1981.  Figure 1 is a screenshot of the index of the search tool.

Figure 1: Google Groups Index Page

A practical use of Google Groups in a competitive intelligence context is collecting comments by users of a product or service.

Case Example: As a competitor to Pfizer, you are interested in comments by users of the company’s drug, Ansaid, a treatment for osteoarthritis and rheumatoid arthritis.

Solution: By simply entering the keywords, “Ansaid” and Pfizer, you will be able to access the relevant results as seen in Figure 2.

Figure 2: Results For The Query, Ansaid + Pfizer Submitting To Google Groups

The majority of the results deals with side effects of the drug and may require searchers to add more keywords to refine the query.

Are you looking to improve your online searching skills?  Consider attending Intelegia’s seminar, “Advanced Business Intelligence Gathering Approaches

Best of Tools For Thought 2009 - Internet Research Tools

In the past year, Tools For Thought introduced many internet research tools to be used in competitive intelligence and economic intelligence contexts.  Here is a look back the top three tools that readers were interested in as indicated by the number of page visits.

Samepoint - A Powerful Social Media Search Tool

Samepoint is a one-stop location on the web to search for “social discussions” available on the web.  Simply enter your keywords and receive relevant results on discussion groups, wikis, Twitter, podcasts just to list a few.

Click here to read Intelegia’s review of this tool.

Organization Structure Intelligence Using The Official Board

At times, finding information on how companies are structured along the line of corporate function can be a challenge.  Using a research tool such as The Official Board can make life easier for competitive intelligence practitioners.  The tool will provide you with organigrams to help identify individuals that the capacity to make key business decisions.

Click here to read Intelegia’s review of this tool.

Site Selection Intelligence With Bing Maps

This blog post highlights the innovative use of Bing Maps to investigate a potential piece of real estate for commerical purposes.  With the address of the location, you can access images of the place in question and the surrounding area.

Click here to read Intelegia’s review of this tool.

Best of Tools For Thought 2009 - Competitive Intelligence

At this time of year, we would like to take a look at the most popular posts on Tools For Thought in 2009.  Over the next three posts, we welcome readers to discover for the first time or to visit once again some of tools and best practices in competitive intelligence, economic development 2.0 and internet research applications.

Here is a look at the top posts over the past year dealing with competitive intelligence on Tools For Thought.

Defensive Competitive Intelligence In A Web 2.0 Environment

Do you know what is being said about your company on Facebook? Twitter?  LinkedIn?  Online social networks are quickly becoming valuable sources of information  that competitive intelligence practitioners are searching for strategic intelligence.  How do you deal with the possibility that details regarding business strategies are available on Web 2.0 sites?  Click here to learn more.

Competitive Intelligence Research With LinkedIn - Who’s Hiring?

The social network, LinkedIn, is not only for a place online to connect but a resource to conduct research on competitors.  The tool has a section in which users can find job openings at competing firms that may signify a change in strategy.  Click here to see a case example of how you can use LinkedIn as a business research tool.

Using LinkedIN People Search To Profile A Company

Accessing the resumes of former or current employees at a competitor can be tremendous help when constructing a profile.  Knowing what a particular individual did or does in a company may allow decision makers to become familiar with how competitors are structured along the lines of a corporate function and planning strategic moves.  Click here to see a case example of how you can use LinkedIn as a company profiling tool.