Displacing competitors through product launches — Elizabeth Cholawsky // HG Insights

Elizabeth Cholawsky, CEO of HG Insights, delves into how to unleash the potential of technology intelligence. In the context of today's B2B space, it is critical that companies innovate with their products. However, figuring out where to innovate requires data-driven insights and analysis to identify market fit, understand customer needs, and stay ahead of competitors. Today, Elizabeth discusses displacing competitors through product launches
About the speaker

Elizabeth Cholawsky

HG Insights

 - HG Insights

Elizabeth is the CEO of HG Insights, which is a sponsor of the MarTech podcast and a platform that uses advanced data science methodologies to process billions of unstructured digital documents to produce the world's best technology installation information and contract intelligence to accelerate their sales, marketing and strategy efforts.

Show Notes

  • 02:42
    The importance of data driven product innovation in the B2B landscape
    Innovation with products is crucial for B2B companies and requires data to determine where to innovate. With the technology and intelligence available today, identifying market fit for a product and what's happening in that market with your competitors is readily accessible.
  • 04:59
    Understanding technology stack adoption and users within an organization
    The information collected by HG Insights can be used to determine who in an organization is using a specific tech stack and understand the adoption patterns. While they cant determine the exact numbers of seats, they can assess if the adoption has grown significantly.
  • 06:38
    Leveraging technographic data for product development and launches
    By analyzing their own data and using technographic information, HG Insights can understand how competitors' products are being used in organizations. They can then look for problems that competitors aren't solving effectively and develop products to target those gaps.
  • 08:43
    How HG Insights figured out what their product launches should be
    HG Insights found the need to refine intent data to identify companies in the buying process rather than just those conducting research. They were able to make this determination by identifying what companies were using and other intent competitors in the market.
  • 10:39
    Leveraging technology intelligence for product development and go to market strategy
    HG Insights analyzes competitors' use cases, tracks adoption of new competitor products, and identifies market demand. This approach allows them to prioritize greenfield opportunities and refine their launch plan for better targeting.

Quotes

  • "Innovation doesn't come because you just say you want to innovate. It comes with a lot of hard work and with data that you use to actually figure out where to innovate."

  • "We do some of the most precise, balanced territory planning for any company. That's a big use case."

  • "You can stratify and get a much more refined launch plan by using technology intelligence to determine where to go first, second, and third."

About the speaker

Elizabeth Cholawsky

HG Insights

 - HG Insights

Elizabeth is the CEO of HG Insights, which is a sponsor of the MarTech podcast and a platform that uses advanced data science methodologies to process billions of unstructured digital documents to produce the world's best technology installation information and contract intelligence to accelerate their sales, marketing and strategy efforts.

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