Booz & Company 30 October, Making Ideas Work. The 2012 Global Innovation 1000 Study

Size: px
Start display at page:

Download "Booz & Company 30 October, Making Ideas Work. The 2012 Global Innovation 1000 Study"

Transcription

1 30 October, 2012 Making Ideas Work The 2012 Global Innovation 1000 Study

2 Introduction R&D Spending Trends Analysis Front-End Innovation Survey Findings Summary 1

3 For the past eight years, has examined innovation spending and linkages to corporate performance Previous Global Innovation 1000 Studies 2012: Making Ideas Work 2005: Money Isn't Everything 2006: Smart Spenders 2007: The Customer Connection 2008: Innovation Beyond Borders 2009: Profits Down, Spending Steady 2010: How Top Innovators Keep Winning 2011: Why Culture is Key Our 8 th annual study of the world s 1000 largest corporate R&D spenders focuses on the front end of the innovation process the tools, mechanisms and networks companies use to generate ideas and convert them into projects for commercialization. 2

4 The Innovation 1000 study continues to be well recognized as an important contributor to the study of R&D and innovation Selected Media Coverage Highlights Furthering the Innovation Dialogue Covered by ABCNews and MSNBC television Featured on NPR radio in US and BBC Radio in UK Cited in over 170 publications across 27 countries Called The most comprehensive assessment of the relationship between R&D investment and corporate performance by The Economist Representative Publications 2005 Initiated study to better understand how organizations can maximize their return on innovation investment Found no statistical relationship between R&D spending and key measures of corporate success 2006 Confirmed lack of relationship between R&D after adding additional data (e.g., patent records) and analyzing using more complex methods Defined High Leverage Innovators who produced better results per R&D dollar than industry peers Awarded 2006 Special Achievement Award for Advancing Innovation by Innovate Forum 2007 Examined the connection between performance and the elements of innovation strategy, including customer focus and alignment of corporate and innovation strategies 2008 Identified characteristics of global innovation networks (i.e. R&D footprint) that correlated with higher performance Awarded Best of Visions award from PDMA Awarded Silver Award for Editorial Excellence: Original Research and National Bronze Award for Graphics Excellence by American Society of Business Publication Editors 2009 Reported impact of global recession on worldwide R&D spend 2010 Identified the critical capabilities required for successful innovation and their relationship to corporate performance 2011 Examined the links between business strategy, innovation strategy and culture 3

5 In addition to our annual R&D spending trends analysis, the theme of this year s study is the front end of the innovation process 2012 Innovation 1000 Making Ideas Work Annual R&D Spending Trends Analysis Survey: The Front End of the Innovation Process Annual R&D spend growth across the 1000 largest spenders on R&D (publicly-traded firms) R&D spend by region and industry (absolute spending, growth and proportion of total) Spend as percent of revenue (R&D intensity ) Top 20 R&D spenders Top 10 Most Innovative Companies and financial performance comparisons to Top 10 spenders 1. Idea Generation Generating good ideas and/or decisions on platform refresh 2. Idea Conversion Converting good ideas into actionable projects for execution 4

6 Introduction R&D Spending Trends Analysis Front-End Innovation Survey Findings Summary 5

7 R&D spend grew 9.6% in 2011, continuing 2010 s strong growth after the 2009 decline Innovation 1000 R&D Spend ; $Bn $603 $353 $355 $369 $391 $ year CAGR 5.50% = 6% $450 $495 $521 $503 $550 3-year CAGR =9.5% 3-year CAGR =3.5% Annual Growth 0.6% 3.7% 6.2% 6.5% 7.9% 10.0% 5.4% -3.5% 9.3% 9.6% Sources: Bloomberg data; Innovation 1000 articles in strategy + business; analysis 6

8 The top 3 industries continue to be Computing and Electronics, Health, and Automotive 2011 R&D Spend by Industry ($603Bn) Telecom Other Consumer Aerospace and Defense 2% 3% 4% 2% Software and Internet 7% Computing and Electronics 28% Chemicals and Energy 7% Industrials 10% Automotive 16% 21% Health 7

9 Two-thirds of the $53Bn spending increase came from the Computing and Electronics, Automotive, and Industrials sectors Change in R&D Spend (Million USD) 55,000 50,000 45,000 40,000 35,000 While Health is the third largest spender, Industrials experienced the third largest absolute spend increase Change in R&D Spend by Industry 6,229 6,037 3,607 1,718 1, Decreases Increases 1,487 52,632 30,000 7,867 25,000 20,000 15,000 13,214 Represents 66% of total R&D spend increase 10,000 5,000 13,440 0 Computing and Electronics Automotive Industrials Software/Internet Health Chemicals and Energy Sources: Bloomberg data; Innovation 1000 articles in strategy + business; analysis Other Consumer Telecom Aerospace and Defense Total 8

10 India/China-based firms continue to increase their R&D spending at a higher proportionate rate than those in more mature regions % India/China Change (%) in R&D Spend by Region R&D Spend by Region ) 12.2% ROW 38% rate in last year s report 9.7% North America 5.4% Europe 2.4% Japan Average 9.6% Increase 1) Innovation 2012 yearly R&D spend comparison for the 918 companies for which R&D spend available for both 2011 and 2010 Sources: Bloomberg data; Innovation 1000 articles in strategy + business; analysis 45% 40% 35% 30% 15% 10% 5% 0% -5% -5% Size of bubbles are proportionate to the R&D spending Japan 0% % CAGR North America Europe India/China 10% ROW 50% 9

11 India and China have been steadily gaining share in R&D spending but are gaining revenue share at an even faster rate 1.0% 4.9% 24.4% Innovation 1000 Company R&D Spend and Revenue by Region: % 9.5% 21.3% 1.5% 5.3% 22.6% 4.2% 9.6% 21.7% 2.3% 6.1% 23.3% 7.3% 11.7% 21.1% 2.7% 6.1% 23.3% 8.5% 10.5% 20.1% 31.1% 35.0% 32.1% 34.5% 30.1% 32.4% 29.9% 33.6% India/China ROW Japan Europe 38.6% 29.9% 38.5% 30.0% 38.3% 27.4% 37.9% 27.3% North America # Companies in Innovation 1000 R&D 2008 Revenue 2008 R&D 2009 Revenue 2009 R&D 2010 Revenue 2010 R&D 2011 Revenue 2011 China HQ India HQ Sources: Bloomberg data; Innovation 1000 articles in strategy + business; analysis 10

12 R&D spending and sales increased for a second year in a row while R&D intensity returned to historical levels R&D Spend and Revenue CAGR 1) R&D Intensity Intensity (%) CAGR (%) % % % 10% 10 10% 3.52% 9% 8% 8% 7% % 5% 3.42% 3.42% % % Revenue CAGR R&D CAGR % -4% ) Innovation yearly R&D spend and Revenue comparison for companies for which R&D spend and Revenue available for both years Sources: Bloomberg data; Innovation 1000 articles in strategy + business; analysis 11

13 Overall R&D spending continued to rise with sales, though R&D intensity declined slightly in 2011 Indexed to R&D Spending, Sales, and R&D Intensity Indexed to 1997 R&D Spending Sales R&D as % of Sales Sources: Bloomberg data; Innovation 1000 articles in strategy + business; analysis 12

14 Daimler (#19) is a new entrant to the Top 20 R&D spenders this year 2011 Top 20 R&D Spend Ranking (2010 data) 2012 Top 20 R&D Spend Ranking (2011 data) 2011 Rank Company Geography Industry 2010 R&D Exp. $Bn 2012 Rank Company Geography Industry 2011 R&D Exp. $Bn 1 Roche Holding AG Europe Health Pfizer Inc North America Health Novartis AG Europe Health Microsoft Corp North America Software & Internet Merck & Co Inc North America Health Toyota Motor Corp Japan Automotive Samsung ROW Computing & Electronics Nokia OYJ Europe Computing & Electronics General Motors Co North America Automotive Johnson & Johnson North America Health Intel Corp North America Computing & Electronics Panasonic Corp Japan Computing & Electronics GlaxoSmithKline PLC Europe Health Volkswagen AG Europe Automotive IBM North America Computing & Electronics Sanofi Europe Health Honda Motor Co Japan Automotive AstraZeneca PLC Europe Health Cisco Systems Inc North America Computing & Electronics Siemens AG Europe Industrials 5.2 Total $ Toyota Motor Corp Japan Automotive Novartis AG Europe Health Roche Holding AG Europe Health Pfizer Inc North America Health Microsoft Corp North America Software & Internet Samsung ROW Computing & Electronics Merck & Co Inc North America Health Intel Corp North America Computing & Electronics General Motors Co North America Automotive Nokia OYJ Europe Computing & Electronics Volkswagen AG Europe Automotive Johnson & Johnson North America Health Sanofi Europe Health Panasonic Corp Japan Computing & Electronics Honda Motor Co Japan Automotive GlaxoSmithKline Europe Health IBM North America Computing & Electronics Cisco Systems Inc North America Computing & Electronics Daimler AG NEW Europe Automotive AstraZeneca PLC Europe Health 5.5 Siemens moved to #22 Total $153.6 Increase or decrease within Top 20 ranking compared to

15 Amazon bumped Facebook as a new entrant in the Top 10 Most Innovative ranking; Samsung rose in rank for 3 rd straight year 2012 Top 10 Most Innovative Companies 2012 Rank % of Respondents Company 2011 R&D Spend ($M) Overall Spend Rank Industry Spend Rank 2011 Revenue ($M) R&D Spend as % of Sales (Intensity) % Apple $ 2, $ 108, % % Google $ 5, $ 37, % % 3M $ 1, $ 29, % % Samsung $ 9, $ 149, % % General Electric $ 4, $ 142, % % Microsoft $ 9, $ 69, % 7 9.3% Toyota $ 9, $ 235, % 8 - Tie 7.7% IBM $ 6, $ 106, % 8 -Tie 7.7% Procter & Gamble $ 2, $ 82, % % Amazon.com $ 2, $ 48, % 14

16 Looking at movement across the past three years shows Samsung s rise and others continued success Change in the Top 10 Most Innovative Companies yr. R&D Spend CAGR st Apple 35% 2 nd Google 35% 3 rd 3M 10% 4 th 5 th Samsung General Electric 16% 18% 6 th Microsoft 0% 7 th Toyota 4% 8 th 9 th Tie P&G IBM 4% 4% 10 th Amazon 53% 15

17 Once again, there are significant differences between the Top 10 Most Innovative Companies vs. the top R&D spenders 2012 Top 10 Most Innovative Companies (2011 Data) 2012 Top 10 R&D Spend Ranking (2011 data) Company Apple Google Industry Computing & Electronics Software & Internet 2011 R&D Spend ($Bn) 2011 Sales ($Bn) Spend as % of Sales (Intensity) $ 2.4 $ % $ 5.2 $ % Company Industry 2011 R&D Spend ($Bn) 2011 Sales ($Bn) Spend as % of Sales (Intensity) Toyota Automotive $9.9 $ % Novartis Health $9.6 $ % 3M Industrials $ 1.6 $ % Samsung General Electric Microsoft Computing & Electronics $ 9.0 $ % Industrials $ 4.6 $ % Software & Internet $ 9.0 $ % Toyota Automotive $ 9.9 $ % Procter & Gamble IBM Amazon.com Consumer $ 2.0 $ % Computing & Electronics Software & Internet $ 6.3 $ % $ 2.9 $ % Roche Health $9.4 $ % Pfizer Health $9.1 $ % Microsoft Samsung Software & Internet Computing & Electronics $9.0 $ % $9.0 $ % Merck & Co Health $8.5 $ % Intel Computing & Electronics $8.4 $ % General Motors Automotive $8.1 $ % Nokia Computing & Electronics $7.8 $ % Companies appearing on both lists 16

18 In line with last year s findings, the Top 10 Most Innovative outperform the Top 10 spenders across three financial metrics Top 10 Most Innovative Companies vs. Top R&D Spenders Highest Possible Score: 100% Top 10 Most Innovative Top 10 R&D Spenders Observations The Top 10 R&D spenders lag their industry peers on revenue and market cap growth Normalized Performance of Industry 50% Peers 1) : 54% 40% 68% 65% 62% 45% On the Most Innovative Companies list, only Apple, Google, and Samsung outperform their industries across all 3 metrics Intel still outperforms across all 3 metrics, but is no longer a Top 10 Innovator Lowest Possible Score: 0% Revenue Growth (5-yr. CAGR) EBITDA as a % of Revnue (5-yr. AVG.) Market Cap Growth (5- yr. CAGR) and remains among the Top 10 highest R&D spenders (moved from #10 to #8 in 2011) 1) Financial metrics were normalized in each industry sector among the Innovation 1000 companies to control for industry performance fluctuations and to set performance values to a 100-point scale. A score of 50% is the normalized performance across industries for each financial metric. 17

19 Executive Summary R&D Demographics After growing 9%+ for the second consecutive year in 2011, R&D spend is back on its 10-year historical growth trend after its one-year decline in 2009 The top three industries by R&D spend continue to be Computing and Electronics, Health, and Automotive Industrials, Automotive and Health accounted for 66% of the overall growth North America grew at an above-average rate of 9.7%; Europe and Japan grew at below-average rates of 5.4% and 2.4%, respectively while India and China-based firms increased R&D spend at a phenomenal rate (27%) albeit from a small spend base The Top 20 R&D spenders averaged 5% R&D growth, compared with a 9.6% increase overall The Top 10 Most Innovative Companies outperformed the Top 10 R&D spenders across key financial metrics revenue growth, EBITDA as a percentage of revenue, and market cap growth 18

20 Introduction R&D Spending Trends Analysis Front-End Innovation Survey Findings Summary 19

21 Nearly half of the respondents felt that their organizations were only marginally effective at generating ideas and converting them to projects Idea Conversion Idea Conversion (1) vs. Idea Generation (2) ALL RESPONDENTS (N = 685) Highly Effective ~11% ~25% ~46% ~18% Marginally Effective Respondent ranked idea generation effectiveness as 1,2 or 3 Idea Generation Respondent ranked idea generation effectiveness as 4 or 5 Highly Effective Note: (1) How effective do you feel your organization is at converting ideas into projects for execution? Please rank your company s level of effectiveness in idea conversion. With 1 =Marginal Effective and 5 = Strongly Effective. (2) How effective do you feel your organization is at generating new ideas? Please rank your company s level of effectiveness in idea generation. With 1 =Marginal Effective and 5 = Strongly Effective. 20

22 Companies that are highly effective at idea generation and conversion outperform their peers on average Highest Possible 100 Score: Financial Comparison of Idea Generation Performance 1 Strongly Effective Marginally Effective N = 60 N = 53 Financial Comparison of Idea Conversion Performance 1 Strongly Effective N = 47 N = 66 Marginally Effective Normalized Performance of Industry 50 Peers 2 : 46% 45% 65% 50% 52% 54% 50% 42% 60% 56% 58% 49% Lowest Possible Score: 0 Revenue Growth (5-yr. CAGR) EBITDA as a % of Revenue (5-yr. AVG.) Market Cap Growth (5- yr. CAGR) Revenue Growth (5-yr. CAGR) EBITDA as a % of Revenue (5-yr. AVG.) Market Cap Growth (5- yr. CAGR) Note: (1) Data derived from survey Question 8: A. How effective do you feel your organization is at generating ideas? B. How effective do you feel your organization is at converting ideas into projects for execution? With 1 =Marginal Effective and 5 = Strongly Effective. (2) For all companies for which financial performance data was available, financial metrics were normalized in each industry sector to control for industry performance fluctuations and to set performance values to a 100-point scale. A score of 50% is the normalized performance across industries for each financial metric. 21

23 Recoded Mean Companies reported that the majority of new ideas are still generated from traditional sources 45% 40% 42% Top 5 Ranking for Which of the following tools and mechanisms, if any, does your organization use to generate new ideas? (1) ALL RESPONDENTS (N = 685) 35% 30% 31% 25% 20% 15% 22% 19% 18% 15% 10% 5% 0% Direct Customer Observation Traditional Market Research Feedback from Sales and Customer Support Idea Work- Out Sessions Technology Road Mapping All other categories (<15% each) Note: (1) Please force-rank up to five of the following tools in order to influence by ranking the most influential mechanism 1 st, the next most influential mechanism 2 nd and so on. Responses above reflect the recoded means, that is, responses of 1 or 2 = 1, all others = 0 22

24 and internally-focused mechanisms are the most useful tools for converting those ideas to products Which of the following mechanisms or processes are the most effective in evaluating and converting an idea to a promising product or service concept for commercialization? (1) ALL Responses (N = 685) 0% 5% 10% 15% 20% 25% 30% Rapid / virtual prototyping (proof of concept) Rapid / virtual prototyping (preference testing) 29% 29% Advanced development review teams Lead customer surveys Business case competitions Seed-funded due diligence and concept design 22% 22% 21% 21% Internally-focused Third party partners (e.g., for rapid assessment) Focus groups 17% 18% Externally-focused Third party partners (e.g., for concept development) Learning launches 11% 13% Note: (1) All mechanisms assume adequate customer/consumer research and insights are available. Please force-rank up to five of the following tools in order to influence by ranking the most influential mechanism 1 st, the next most influential mechanism 2 nd and so on. Responses above reflect the recoded means, that is, responses of 1 or 2 = 1, all others = 0. 23

25 In 2007 we defined three distinct innovation strategies which we further explored in this year s study Three Innovation Strategies Example Companies Need Seekers Consistently strive to be first movers; Proactively engage customers to determine needs and shape new innovations; Determine new innovations market back from market need identification Market Readers Adopt a 2 nd mover strategy; Focus on driving value through incremental change; New innovations determined market back; although not as proactively as Need Seekers Technology Drivers Drive innovation via technological achievement; Leverage technology for both incremental and breakthrough change. The least proactive of the three strategies in directly contacting customers 24

26 Similar to our findings on capabilities and culture in past studies, each Innovation Model has a distinct front-end innovation profile Market Readers Top Ranked Front-End Mechanisms Sales & Customer Support Feedback Traditional Market Research Top Ranked Internal Network Structures Communities of Practice Organized Conferences w/ Technical staff Need Seekers Top Ranked Front-End Mechanisms Idea Work-out Sessions End-user focus groups Top Ranked Internal Network Structure Focused Technical Innovation Networks across the business All Three Top Ranked Front-End Mechanism Direct Customer Observation Top Ranked Internal Network Structures Innovation Champions Cross-unit Staffing (non-rotational) Top Ranked External Network Structures Customers Channel Partners & Suppliers No distinct difference in External networks by strategy model Tech Drivers Top Ranked Front-End Mechanisms Technology Road-mapping Meetings w/ External Technical Community Top Ranked Internal Network Structures IT Collaboration Tools Facilities Layout Sources: Bloomberg data; 2010 Innovation 1000 survey; 2011 Innovation 1000 survey 25

27 On an indexed basis, the innovation models use idea generation tools and mechanisms at the front end that support their innovation strategy Which of the following tools and mechanisms, if any, does your organization use to generate new ideas? (1) Indexed average value across all survey respondents End-User Insight Tools Idea Work-Out End Sessions User Insight Tools Social Network Data Mining End User / Customer Focus Groups Direct Customer Observation Need Seekers over-index on tools/mechanisms that provide deep end-user insights Market Insight Tools Market Insight Tools Feedback from Sales & Customer Sppt Traditional Market Research Seed Funding for Exploratory Research Market Readers over-index on tools/mechanisms that provide market insights and demand leads Technology Foresight Tools Periodic Meetings of Technical Community Technology Foresight Tools Technology Road Mapping External Technology & Idea Scouting Cross B.U. Communities of Practice 0.85 (1) Responses reflect the indexed value of the likelihood that respondents are choosing a value higher or lower compared to the average across all responses. An index value of 1 represents the indexed average of responses 0.90 Need Seeker (N = 182) 1.21 Market Reader (N = 255) Technology Drivers over-index on tools/ mechanisms that guide where/ how they can push the tech frontier Technology Driver (N = 248) 26

28 While priorities differ slightly, the Strategies agree that much-hyped tools like Social Networks and Seed Funding are least important Top 5 Ranking for Which of the following tools and mechanisms, if any, does your organization use to generate new ideas? (1) Need Seekers Market Readers Technology Drivers Direct Customer Observation 43% 42% 40% Traditional Market Research 26% 34% 31% Idea Work-Out Sessions 24% 16% 19% Feedback from Sales and Cust. Support 21% 29% 16% End User / Customer Focus Groups 18% 15% 13% Technology Road Mapping 15% 15% 22% External Technology and Idea Scouting 11% Periodic Meetings of Tech Community 10% Social Network Data Mining 10% Cross B.U. Communities / Sharing 9% 12% 10% 7% 11% 14% 17% 9% 12% Seed Funding for Exploratory Research 8% (N=182) (N=255) (N=248) Note: (1) Respondents were asked to rank their top 5 tools and mechanisms from a list of 11 choices. Total responses reflect the recoded means: responses of 1 or 2 ranking were counted as 100%, all others (3-5) were counted as 0 for statistical separation and significance. 27 9% Least Important 8%

29 Social Networks are the least influential idea generation mechanisms for engineered products industries like Automotive, Industrials and A&D Avg. Recoded Mean 15 15% Industry breakout of respondents ranking Social Networks within the Top 2 most used tools for generating ideas (1) 11% 10 10% 7% 6% 5 3% 3% 2% 0 Software and Internet Health Chemicals and Energy Computing and Electronics Consumer 28 0% Auto Industrials Telecom Aerospace and Defense Note: (1) Respondents were asked to rank their top 5 tools and mechanisms from a list of 11 choices. Total responses reflect the recoded means: responses of 1 or 2 ranking were counted as 100%, all others (3-5) were counted as 0 for statistical separation and significance.

30 Customers and Channel Partners are the most prevalent external groups while governments and open networks are used the least in ideation Which of the following external network groups are most often used by your organization during idea generation? (1) Need Seekers Market Readers Technology Drivers Customers Channel Partners Suppliers Universities Government Agencies Open Networks ( N = 182) (N = 255) (N = 248) Note: (1) Average of total responses for prevalence and effectiveness (score scale 1-5 with 5 being highest) for an External Network group category ) Prevalence Effectiveness 29

31 Executive Summary Survey Findings Nearly half of the respondents felt that their organizations were average or below average at both generating ideas and converting them to projects which has implications on financial performance companies that are highly effective at idea generation and conversion outperform their peers in revenue, market cap, and EBITDA growth The majority of new ideas still come from traditional sources and rigorous process management going against popular innovation concepts in mainstream media (e.g., crowdsoucing ) External networks that are part of the ecosystem are used by companies to generate ideas (e.g., customers, suppliers) but those outside of the ecosystem (e.g., government and universities) are not considered primary sources of ideas Consistent with our definitions, the innovation strategy models have a distinct set of front-end innovation mechanisms and use different networks for generating ideas: Need Seekers focus on discovering unarticulated customer needs through direct customer observation, end-user focus groups and idea work-out sessions Market Readers cherry pick from existing ideas by mining traditional market research and feedback from their sales and customer support channels Technology Drivers focus on developing technology-based breakthrough products 30

32 For the complete study and additional information on the annual Global Innovation 1000 Study Please Visit: For media or other inquiries, please contact Siobhan Ford

Will Stronger Borders Weaken Innovation?

Will Stronger Borders Weaken Innovation? October 2017 2017 Global Innovation 1000 Will Stronger Borders Weaken Innovation? Introduction Will Stronger Borders Weaken Innovation? Innovation 1000 update 1 For the 13 th year, Strategy& studied innovation

More information

Will Stronger Borders Weaken Innovation?

Will Stronger Borders Weaken Innovation? October 2017 Internal document 2017 Global Innovation 1000 Will Stronger Borders Weaken Innovation? Not for publication. Under embargo until October 24, 2017, 8:00 AM CET Introduction Will Stronger Borders

More information

The 2011 EU industrial R&D investment SCOREBOARD

The 2011 EU industrial R&D investment SCOREBOARD 1 The 2011 EU industrial R&D investment SCOREBOARD Joint Research Centre European Commission Héctor Hernández Alex Tuebke Fernando Hervás 1. Background 2 Understanding the dynamics of industrial R&D at

More information

IJEMR May Vol 4 Issue 5 - Online - ISSN Print - ISSN Role of Innovation in Global Economic Development- An Empirical Study

IJEMR May Vol 4 Issue 5 - Online - ISSN Print - ISSN Role of Innovation in Global Economic Development- An Empirical Study Role of Innovation in Global Economic Development- An Empirical Study *Ms.S.Sangeetha **Mr. K. Ram Kumar *Assistant Professor (Sr.), KCT Business School, Kumaraguru College of Technology, Saravanampatti,

More information

Industrial Investment in Research and Development: Trends and Prospects

Industrial Investment in Research and Development: Trends and Prospects MEMO/05/471 Brussels, 9 December 2005 Industrial Investment in Research and Development: Trends and Prospects The 2005 Key Figures for science, technology and innovation released last July showed EU R&D

More information

EU Industrial R&D Scoreboard 2015

EU Industrial R&D Scoreboard 2015 EU Industrial R&D Scoreboard 2015 Fernando Hervás Sixth IRIMA Workshop on: 'R&D Investment and Firm Dynamics' Brussels, 3rd December 2015 Policy context Growth, Jobs and Investment priority - Research

More information

European companies outpace American counterparts in R&D investment growth for the first time in five years

European companies outpace American counterparts in R&D investment growth for the first time in five years IP/08/1504 Brussels, 15 October 2008 European companies outpace American counterparts in R&D investment growth for the first time in five years R&D investment by EU companies has increased by 8.8% compared

More information

The 2010 EU industrial R&D investment SCOREBOARD

The 2010 EU industrial R&D investment SCOREBOARD 1 The 2010 EU industrial R&D investment SCOREBOARD Joint Research Centre European Commission Héctor Hernández 2 Contents 1. Background 2. Overall R&D trends 3. Top R&D companies 4. R&D by region 5. R&D

More information

The World s Most Innovative Companies in the Period

The World s Most Innovative Companies in the Period The World s Most Innovative Companies in the Period 2015-2016 Toma Sorin-George Faculty of Administration and Business, University of Bucharest tomagsorin62@yahoo.com Gradinaru Catalin Faculty of Administration

More information

Innovations in Reinsurance. Andre Eisele, Swiss Re Head of Client Management P&C ANZ RDG Presentation 8 March 2017

Innovations in Reinsurance. Andre Eisele, Swiss Re Head of Client Management P&C ANZ RDG Presentation 8 March 2017 Innovations in Reinsurance Andre Eisele, Swiss Re Head of Client Management P&C ANZ RDG Presentation 8 March 2017 Innovations in Reinsurance Agenda 1/ Coverage of the Presentation scope and purpose? 2/

More information

Nexus Suppliers and Nexus Supplier Index (NSI)

Nexus Suppliers and Nexus Supplier Index (NSI) Nexus Suppliers and Nexus Supplier Index (NSI) Thomas Choi, Ph.D. Harold E. Fearon Chair in Purchasing Management Executive Director of CAPS Research In collaboration with Benjamin Shao and Michael Shi

More information

Nexus Suppliers and Nexus Supplier Index (NSI)

Nexus Suppliers and Nexus Supplier Index (NSI) Nexus Suppliers and Nexus Supplier Index (NSI) Thomas Choi, Ph.D. Harold E. Fearon Chair in Purchasing Management Executive Director of CAPS Research In collaboration with Benjamin Shao and Michael Shi

More information

The 2008 R&D Scoreboard. The top 850 UK and 1400 global companies by R&D investment. Commentary & Analysis

The 2008 R&D Scoreboard. The top 850 UK and 1400 global companies by R&D investment. Commentary & Analysis The 2008 R&D Scoreboard The top 850 UK and 1400 global companies by R&D investment Commentary & Analysis Contents 1 Ministerial foreword... 2 2 Summary... 4 Highlights... 4 What the Scoreboard means for

More information

COMMERCIAL INDUSTRY RESEARCH AND DEVELOPMENT BEST PRACTICES Richard Van Atta

COMMERCIAL INDUSTRY RESEARCH AND DEVELOPMENT BEST PRACTICES Richard Van Atta COMMERCIAL INDUSTRY RESEARCH AND DEVELOPMENT BEST PRACTICES Richard Van Atta The Problem Global competition has led major U.S. companies to fundamentally rethink their research and development practices.

More information

CVC2.0 Demonstrating Added Value to the Corporate Bottom Line

CVC2.0 Demonstrating Added Value to the Corporate Bottom Line CVC2.0 Demonstrating Added Value to the Corporate Bottom Line Jaideep Raje Managing Consultant Lux Research June 2, 2016 Agenda CVC1.0 State of the Union So, why change? Reflections on CVC2.0 2 Contents

More information

The EU industrial R&D investment SCOREBOARD

The EU industrial R&D investment SCOREBOARD 1 The EU industrial R&D investment SCOREBOARD Joint Research Centre European Commission Héctor Hernández The EU industrial R&D investment SCOREBOARD 2 Contents 1. Background 2. Overall R&D trends 3. Top

More information

Sparking a New Economy. Canada s Advanced Manufacturing Supercluster

Sparking a New Economy. Canada s Advanced Manufacturing Supercluster Sparking a New Economy Canada s Advanced Manufacturing Supercluster Canada s Advanced Manufacturing Supercluster Canada's Advanced Manufacturing Supercluster Strategy will leverage Canada s innovation

More information

Executive summary. AI is the new electricity. I can hardly imagine an industry which is not going to be transformed by AI.

Executive summary. AI is the new electricity. I can hardly imagine an industry which is not going to be transformed by AI. Executive summary Artificial intelligence (AI) is increasingly driving important developments in technology and business, from autonomous vehicles to medical diagnosis to advanced manufacturing. As AI

More information

Science, Technology & Innovation Indicators

Science, Technology & Innovation Indicators Science, Technology & Innovation Indicators Adnan Badran NASIC Conference cum Workshop on Herbal Drug Development for Socio-economic Uplift in Developing World The University of Jordan, September 6-8,

More information

Digital Game Development

Digital Game Development Digital Game Development In Partnership with The Concept: Replicating the Success of GRAM GAMES Founded Target Markets Investors / Grants Headquarters Employees 7 YR1 Targets Break Even Positive Cash Flow

More information

Digitalization and TITLE OF. Devices May 2018 PRESENTATION

Digitalization and TITLE OF. Devices May 2018 PRESENTATION Digitalization and Globalization TITLE OF of Medical Devices May 2018 PRESENTATION R&D Spend (in Bn) Consolidated ER&D Spending : E-R&D spend is highly consolidated among top 5 OEMs; Imaging and Non-imaging

More information

Ministry of Industry. Indonesia s 4 th Industrial Revolution. Making Indonesia 4.0. Benchmarking Implementasi Industri 4.0 A.T.

Ministry of Industry. Indonesia s 4 th Industrial Revolution. Making Indonesia 4.0. Benchmarking Implementasi Industri 4.0 A.T. Ministry of Industry s 4 th Industrial Revolution Making 4.0 Benchmarking Implementasi Industri 4.0 A.T. Kearney Industry 4.0 initiative is the global trend in the manufacturing industry End of 18 th century

More information

executives are often viewed to better understand the merits of scientific over commercial solutions.

executives are often viewed to better understand the merits of scientific over commercial solutions. Key Findings The number of new technology transfer licensing agreements earned for every $1 billion of research expenditure has fallen from 115 to 109 between 2004 and. However, the rate of return for

More information

Southeast Asia Games Market. The World s Fastest Growing Region C A SUAL GAMES SEC TOR REPORT 2015

Southeast Asia Games Market. The World s Fastest Growing Region C A SUAL GAMES SEC TOR REPORT 2015 Southeast Asia Market The World s Fastest Growing Region C A SUAL GAMES SEC TOR REPORT 2015 Why focus on Southeast Asia? Revenues of the Southeast Asia games market will double to $2.2 Bn by 2017 Key reasons

More information

Impact of the Great Recession on Innovation R&D Spending

Impact of the Great Recession on Innovation R&D Spending N e w P r o d u c t I n n o v a t i o n N o. 4 i n a S e r i e s o f P a p e r s Global NP Solutions, LLC Reference Paper Teresa Jurgens-Kowal PhD, PE, NPDP Global NP Solutions, LLC 2323 Clear Lake City

More information

Technology and Competitiveness in Vietnam

Technology and Competitiveness in Vietnam Technology and Competitiveness in Vietnam General Statistics Office, Hanoi, Vietnam July 3 rd, 2014 Prof. Carol Newman, Trinity College Dublin Prof. Finn Tarp, University of Copenhagen and UNU-WIDER 1

More information

Manufuture 2017 Moving up the Value Chain. THE DIGITISATION OF MANUFACTURING Challenges and opportunities for European advanced manufacturing

Manufuture 2017 Moving up the Value Chain. THE DIGITISATION OF MANUFACTURING Challenges and opportunities for European advanced manufacturing The European Association of the Machine Tool Industries Manufuture 2017 Moving up the Value Chain THE DIGITISATION OF MANUFACTURING Challenges and opportunities for European advanced manufacturing Filip

More information

Executive Summary World Robotics 2018 Industrial Robots

Executive Summary World Robotics 2018 Industrial Robots Executive Summary World Robotics 2018 Industrial Robots 13 Executive Summary World Robotics 2018 Industrial Robots Robot Sales 2017: Impressive growth In 2017, robot sales increased by 30% to 381,335 units,

More information

ACCELERATING TECHNOLOGY VISION FOR AEROSPACE AND DEFENSE 2017

ACCELERATING TECHNOLOGY VISION FOR AEROSPACE AND DEFENSE 2017 ACCELERATING TECHNOLOGY VISION FOR AEROSPACE AND DEFENSE 2017 TECHNOLOGY VISION FOR AEROSPACE AND DEFENSE 2017: THROUGH DIGITAL TURBULENCE A powerful combination of market trends, technology developments

More information

by Barry Jaruzelski, Kevin Dehoff, and Rakesh Bordia

by Barry Jaruzelski, Kevin Dehoff, and Rakesh Bordia strategy+business The Booz Allen Hamilton Global Innovation 1000 Money Isn t Everything by Barry Jaruzelski, Kevin Dehoff, and Rakesh Bordia forthcoming in strategy+business issue41, Winter 2005 2005 Booz

More information

Digital Transformation Delivering Business Outcomes

Digital Transformation Delivering Business Outcomes Global Digital Transformation Survey Report AUSTRALIA Digital Transformation Delivering Business Outcomes 2 Contents Introduction: Australia... 3 Key findings. 4 What is the focus of digital transformation?.

More information

The ICT industry as driver for competition, investment, growth and jobs if we make the right choices

The ICT industry as driver for competition, investment, growth and jobs if we make the right choices SPEECH/06/127 Viviane Reding Member of the European Commission responsible for Information Society and Media The ICT industry as driver for competition, investment, growth and jobs if we make the right

More information

SEMICONDUCTOR INDUSTRY ASSOCIATION FACTBOOK

SEMICONDUCTOR INDUSTRY ASSOCIATION FACTBOOK Factbook 2014 SEMICONDUCTOR INDUSTRY ASSOCIATION FACTBOOK INTRODUCTION The data included in the 2014 SIA Factbook helps demonstrate the strength and promise of the U.S. semiconductor industry and why it

More information

THE AI REVOLUTION. How Artificial Intelligence is Redefining Marketing Automation

THE AI REVOLUTION. How Artificial Intelligence is Redefining Marketing Automation THE AI REVOLUTION How Artificial Intelligence is Redefining Marketing Automation The implications of Artificial Intelligence for modern day marketers The shift from Marketing Automation to Intelligent

More information

National Instruments Accelerating Innovation and Discovery

National Instruments Accelerating Innovation and Discovery National Instruments Accelerating Innovation and Discovery There s a way to do it better. Find it. Thomas Edison Engineers and scientists have the power to help meet the biggest challenges our planet faces

More information

The Technology Economics of the Mainframe, Part 3: New Metrics and Insights for a Mobile World

The Technology Economics of the Mainframe, Part 3: New Metrics and Insights for a Mobile World The Technology Economics of the Mainframe, Part 3: New Metrics and Insights for a Mobile World Dr. Howard A. Rubin CEO and Founder, Rubin Worldwide Professor Emeritus City University of New York MIT CISR

More information

The International Communications Market Radio and audio

The International Communications Market Radio and audio The International Communications Market 17 6 Radio and audio 114 Contents 6.1 Radio and audio: overview and key market developments 117 6.1.1 The UK in context 117 6.1.2 Key market development: the UK

More information

The 3M State of Science Index. An insight into UK perceptions of science

The 3M State of Science Index. An insight into UK perceptions of science The 3M State of Science Index An insight into UK perceptions of science Does science matter? It does to 3M because its fuels our company vision: 3M technology improving every company, 3M products enhancing

More information

Venture Capital Research Report Q4 2017

Venture Capital Research Report Q4 2017 Venture Capital Research Report Q4 2017 As of February 9, 2018 Executive Summary VC market in the US Regional share of investment VC market in the SF Bay Area Annual VC investment in the SF Bay Area VC

More information

DIGITAL ECONOMY BUSINESS SURVEY 2017

DIGITAL ECONOMY BUSINESS SURVEY 2017 hie.co.uk DIGITAL ECONOMY BUSINESS SURVEY 2017 Executive Summary Highlands and Islands: March 2018 INTRODUCTION In 2017, the Scottish Government, in partnership with HIE, Scottish Enterprise and Skills

More information

Digital Transformation Delivering Business Outcomes

Digital Transformation Delivering Business Outcomes Global Digital Transformation Survey Report Industry Report: FINANCE Digital Transformation Delivering Business Outcomes 2 Global Digital Transformation Survey Report: Finance Industry Contents Introduction:

More information

G5 Entertainment. Investor Presentation

G5 Entertainment. Investor Presentation G5 Entertainment Investor Presentation G5 Entertainment in Brief Developer and publisher of casual free-to-play (F2P) games for tablets and smartphones Global company operating in the global market of

More information

Indoor Positioning and Navigation System Market Research Report- Forecast 2023

Indoor Positioning and Navigation System Market Research Report- Forecast 2023 Report Information More information from: https://www.marketresearchfuture.com/reports/1775 Indoor Positioning and Navigation System Market Research Report- Forecast 2023 Report / Search Code: MRFR/SEM/1243-CRR

More information

Digital Transformation Delivering Business Outcomes

Digital Transformation Delivering Business Outcomes Global Digital Transformation Survey Report Industry Report: MANUFACTURING Digital Transformation Delivering Business Outcomes 2 Global Digital Transformation Survey Report: Manufacturing Contents Introduction:

More information

Trends at the frontier in Corporate R&D in the digital era

Trends at the frontier in Corporate R&D in the digital era Trends at the frontier in Corporate R&D in the digital era ARC 2018 Brussels Reinhilde Veugelers Full Professor at KULeuven, Senior Fellow at Breugel Copyright rests with the author. All rights reserved

More information

G5 Entertainment. Investor Presentation

G5 Entertainment. Investor Presentation G5 Entertainment Investor Presentation G5 Entertainment in Brief Developer and publisher of casual free-to-play (F2P) games for tablets and smartphones Global company operating in the global market of

More information

CHINA MOBILE GAME MARKET REPORT 2013

CHINA MOBILE GAME MARKET REPORT 2013 CHINA MOBILE GAME MARKET REPORT 2013 August 2013 4th Report in Niko s 2013 Market Research Subscription on China s Games Industry ABOUT NIKO PARTNERS Our Focus Niko Partners specializes in market research

More information

Connecting Commerce. Professional services industry confidence in the digital environment. Written by

Connecting Commerce. Professional services industry confidence in the digital environment. Written by Connecting Commerce Professional services industry confidence in the digital environment Written by About the research This article is part of the Connecting Commerce research programme from The Economist

More information

Electronic Gaming in the Digital Home: Game Advertising

Electronic Gaming in the Digital Home: Game Advertising Synopsis Forecast of Spending (2006-2012) Electronic in the Digital Home: paints a complete picture of the fledging game advertising industry. The report includes analysis and forecast for different game

More information

April By Type of Approach- Transfemoral and Transapical. By Region- North America, Europe, APAC and RoW

April By Type of Approach- Transfemoral and Transapical. By Region- North America, Europe, APAC and RoW Global Transcatheter Aortic Valve Replacement (TAVR) Market: Analysis By Type of Approach (Transfemoral and Transapical), By Region, By Country: Opportunities and Forecast (2017-2022) By Type of Approach-

More information

Silicon Wafer Demand Forecast Update, 4Q03

Silicon Wafer Demand Forecast Update, 4Q03 Forecast Analysis Silicon Wafer Demand Forecast Update, 4Q03 Abstract: Silicon wafer demand in 2003 will register an 8 percent increase over 2002. Demand will enter an expansion phase in the second quarter

More information

Rovio Entertainment Corporation Annual General Meeting April 9, 2019 CEO REVIEW Kati Levoranta

Rovio Entertainment Corporation Annual General Meeting April 9, 2019 CEO REVIEW Kati Levoranta Rovio Entertainment Corporation Annual General Meeting April 9, 2019 CEO REVIEW Kati Levoranta TRANSLATED FROM THE FINNISH ORIGINAL Translated from the Finnish original. Finnish version prevails. Contents

More information

The How-to Guide for Adopting Model Based Definition (MBD) Michelle Boucher Vice President Tech-Clarity

The How-to Guide for Adopting Model Based Definition (MBD) Michelle Boucher Vice President Tech-Clarity 1 The How-to Guide for Adopting Model Based Definition (MBD) Michelle Boucher Vice President Tech-Clarity 2 The Importance of Engineering Investments What strategies will your company use to improve profitability?

More information

David J. Adams

David J. Adams David J. Adams david.j.adams@louisville.edu EXPERIENCE University of Louisville - Institute for Product Realization (2016-Present) CEO Executive in charge for the overall strategy, development and execution

More information

Patenting Strategies. The First Steps. Patenting Strategies / Bernhard Nussbaumer, 12/17/2009 1

Patenting Strategies. The First Steps. Patenting Strategies / Bernhard Nussbaumer, 12/17/2009 1 Patenting Strategies The First Steps Patenting Strategies / Bernhard Nussbaumer, 12/17/2009 1 Contents 1. The pro-patent era 2. Main drivers 3. The value of patents 4. Patent management 5. The strategic

More information

THE U.S. SEMICONDUCTOR INDUSTRY:

THE U.S. SEMICONDUCTOR INDUSTRY: THE U.S. SEMICONDUCTOR INDUSTRY: KEY CONTRIBUTOR TO U.S. ECONOMIC GROWTH Matti Parpala 1 August 2014 The U.S. Semiconductor Industry: Key Contributor To U.S. Economic Growth August 2014 1 INTRO The U.S.

More information

The importance of transnational corporations in research and development activities in the world

The importance of transnational corporations in research and development activities in the world Jagiellonian Journal of Management vol. 3 (2017), no. 2, pp. 65 75 doi:10.4467/2450114xjjm.17.005.7735 www.ejournals.eu/jjm The importance of transnational corporations in research and development activities

More information

Sportradar esports Service. Unlocking the incredible potential of esports

Sportradar esports Service. Unlocking the incredible potential of esports Sportradar esports Service Unlocking the incredible potential of esports esports A global mass phenomenon with a bright future! esports REVENUE GROWTH Total revenue growth 2015-2020 of 35,6 percent CAGR

More information

GE Global Innovation Barometer 2018

GE Global Innovation Barometer 2018 February 2018 GE Global Innovation Barometer 2018 SOUTH KOREA Report Edelman Intelligence / general electric 1 Contents ONE: Methodology TWO: Global Summary From Chaos to Confidence THREE: South Korea

More information

Global Trends in Patenting

Global Trends in Patenting Paper #229, IT 305 Global Trends in Patenting Ben D. Cranor, Ph.D. Texas A&M University-Commerce Ben_Cranor@tamu-commerce.edu Matthew E. Elam, Ph.D. Texas A&M University-Commerce Matthew_Elam@tamu-commerce.edu

More information

MORE POWER TO THE ENERGY AND UTILITIES BUSINESS, FROM AI.

MORE POWER TO THE ENERGY AND UTILITIES BUSINESS, FROM AI. MORE POWER TO THE ENERGY AND UTILITIES BUSINESS, FROM AI www.infosys.com/aimaturity The current utility business model is under pressure from multiple fronts customers, prices, competitors, regulators,

More information

ARTEMIS The Embedded Systems European Technology Platform

ARTEMIS The Embedded Systems European Technology Platform ARTEMIS The Embedded Systems European Technology Platform Technology Platforms : the concept Conditions A recipe for success Industry in the Lead Flexibility Transparency and clear rules of participation

More information

Designing for Successes: Effective Design Patterns for Channel Programs

Designing for Successes: Effective Design Patterns for Channel Programs 2017 DESIGNING FOR SUCCESSES Designing for Successes: Effective Design Patterns for Channel Programs This and all other IRF reports are available at TheIRF.org www.theirf.org 1 With the majority of all

More information

Best Practices in Social Media Summary of Findings from the Second Comprehensive Study of Social Media Use by Schools, Colleges and Universities

Best Practices in Social Media Summary of Findings from the Second Comprehensive Study of Social Media Use by Schools, Colleges and Universities Best Practices in Social Media Summary of Findings from the Second Comprehensive Study of Social Media Use by Schools, Colleges and Universities April 13, 2011 In collaboration with the Council for Advancement

More information

This booklet is published biannually. Please note that figures may vary according to the exact time of the survey.

This booklet is published biannually. Please note that figures may vary according to the exact time of the survey. This booklet is published biannually. Please note that figures may vary according to the exact time of the survey. The figures included in this booklet are based on survey and analysis of statistics as

More information

e-sports - New horizons for Hong Kong and the world

e-sports - New horizons for Hong Kong and the world www.pwchk.com e-sports - New horizons for Hong Kong and the world Wilson Chow Global and China/Hong Kong Telecommunications, Media & Technology (TMT) Leader Agenda 1. Overview of global e-sports market

More information

OIM Squared, Inc. - Patent Portfolio Report

OIM Squared, Inc. - Patent Portfolio Report OIM Squared, Inc. - Patent Portfolio Report This report is derived from third party sources. All Bidder Due Diligence shall be done in advance of the auction and shall be the sole responsibility of the

More information

Industrial Robotics. The robot revolution has begun. Businesses have everything to gain

Industrial Robotics. The robot revolution has begun. Businesses have everything to gain Industrial Robotics Businesses have everything to gain The robot revolution has begun Manufacturing, cleaning, maintenance: soon increasingly more sophisticated industrial robots will combine dexterity

More information

AUTOMOTIVE INNOVATION FORUM 2018

AUTOMOTIVE INNOVATION FORUM 2018 AUTOMOTIVE INNOVATION FORUM 2018 CALL FOR SPEAKERS 20TH & 21ST MARCH, 2018 HILTON AIRPORT MUNICH, GERMANY AUTOMOTIVE INNOVATION FORUM 2018 New technologies are transforming how we make things and what

More information

Emerging technology. Presentation by Dr Sudheer Singh Parwana 17th January 2019

Emerging technology. Presentation by Dr Sudheer Singh Parwana 17th January 2019 Emerging technology Presentation by Dr Sudheer Singh Parwana 17th January 2019 Mega trends 5 global shifts changing the way we live and do business Rapid urbanisation Today, more than half the world s

More information

Global Industrial Robot Market: Industry Analysis & Outlook ( )

Global Industrial Robot Market: Industry Analysis & Outlook ( ) Global Industrial Robot Market: Industry Analysis & Outlook ----------------------------------------- (2016-2020) Executive Summary The industrial robots have revolutionized the manufacturing sector. The

More information

INTEL INNOVATION GENERATION

INTEL INNOVATION GENERATION INTEL INNOVATION GENERATION Overview Intel was founded by inventors, and the company s continued existence depends on innovation. We recognize that the health of local economies including those where our

More information

Software Production in Kyrgyzstan: Potential Source of Economic Growth

Software Production in Kyrgyzstan: Potential Source of Economic Growth 400 INTERNATIONAL CONFERENCE ON EURASIAN ECONOMIES 2011 Software Production in Kyrgyzstan: Potential Source of Economic Growth Rahat Sabyrbekov (American University of Central Asia, Kyrgyzstan) Abstract

More information

Industry at a Crossroads: The Rise of Digital in the Outcome-Driven R&D Organization

Industry at a Crossroads: The Rise of Digital in the Outcome-Driven R&D Organization Accenture Life Sciences Rethink Reshape Restructure for better patient outcomes Industry at a Crossroads: The Rise of Digital in the Outcome-Driven R&D Organization Accenture Research Note: Key findings

More information

The mobile gaming market. Rise of the smart phone. Dual market The year of gaming. Revenues. smartphone sales. top apps

The mobile gaming market. Rise of the smart phone. Dual market The year of gaming. Revenues. smartphone sales. top apps Tech Guide 1 Contents 02 03 04 05 06 08 09 10 12 The mobile gaming market Rise of the smart phone Dual market 2015 The year of gaming Revenues Re-entrants and new entrants smartphone sales the top 20 publishers

More information

The Sherwin-Williams Company

The Sherwin-Williams Company The Sherwin-Williams Company "What is Worth Doing is Worth Doing Well." Founded in 1866 in Cleveland, Ohio #1 coatings company in the Americas #3 coatings company worldwide Over 40,000 employees worldwide

More information

2014 PRODUCTION FORECASTS FOR THE GLOBAL ELECTRONICS AND INFORMATION TECHNOLOGY INDUSTRIES

2014 PRODUCTION FORECASTS FOR THE GLOBAL ELECTRONICS AND INFORMATION TECHNOLOGY INDUSTRIES PRODUCTION FORECASTS FOR THE GLOBAL ELECTRONICS AND INFORMATION TECHNOLOGY INDUSTRIES December 24, JAPAN ELECTRONICS AND INFORMATION TECHNOLOGY INDUSTRIES ASSOCIATION FOREWORD For the Japanese economy,

More information

the state of 3D PRINTING

the state of 3D PRINTING the state of 3D PRINTING The data you need to understand the 3D Printing world and build your 3D Printing strategy EDITION Table of contents Page 2 Introduction 3 Foreword 3 Survey Demographics 4 Key Takeaways

More information

Mind the (AI) Gap: Leadership Makes the Difference 04 DECEMBER 2018

Mind the (AI) Gap: Leadership Makes the Difference 04 DECEMBER 2018 Mind the (AI) Gap: Leadership Makes the Difference 04 DECEMBER 2018 Methodology Authors Online survey of companies Goal: Understanding the role of artificial intelligence (AI) and machine learning across

More information

Australian Institute for Machine Learning: Catching the wave of the next industrial revolution

Australian Institute for Machine Learning: Catching the wave of the next industrial revolution Australian Institute for Machine Learning: Catching the wave of the next industrial revolution Artificial Intelligence is driving a Fourth Industrial Revolution: World Economic Forum Artificial Intelligence

More information

Digital Government Imperatives of the United Arab Emirates: 92% of Emirati Respondents Believe Online Government Services Have Improved Since 2014

Digital Government Imperatives of the United Arab Emirates: 92% of Emirati Respondents Believe Online Government Services Have Improved Since 2014 Digital Government Imperatives of the United Arab Emirates: 92% of Emirati Respondents Believe Online Government Services Have Improved Since 2014 UAE ranks second best in its improvement of digital services

More information

IXIA S PUBLIC ART SURVEY 2013 SUMMARY AND KEY FINDINGS. Published February 2014

IXIA S PUBLIC ART SURVEY 2013 SUMMARY AND KEY FINDINGS. Published February 2014 IXIA S PUBLIC ART SURVEY 2013 SUMMARY AND KEY FINDINGS Published February 2014 ABOUT IXIA ixia is England s public art think tank. We promote and influence the development and implementation of public

More information

Accelerating Collective Innovation: Investing in the Innovation Landscape

Accelerating Collective Innovation: Investing in the Innovation Landscape PCB Executive Forum Accelerating Collective Innovation: Investing in the Innovation Landscape How a Major Player Uses Internal Venture Program to Accelerate Small Players with Big Ideas Dr. Joan K. Vrtis

More information

Preferred partner. Aker Solutions. Nordic Energy Summit 2013, 21 March Leif Borge CFO

Preferred partner. Aker Solutions. Nordic Energy Summit 2013, 21 March Leif Borge CFO Aker Solutions Nordic Energy Summit 213, 21 March Leif Borge CFO 212 Aker Solutions Slide 1 This is Aker Solutions Employees: 19 5 Contract staff: 5 5 Revenues: 45 bn EBITDA: 4.7 bn Market Cap: 32. bn

More information

(Beijing, China,25 May2017)

(Beijing, China,25 May2017) Remarks by the Secretary General of the International Civil Aviation Organization (ICAO), Dr. Fang Liu, to the First Session of the 2017 China Civil Aviation Development Forum: New Opportunities for Aviation

More information

ACCENTURE INNOVATION ARCHITECTURE USES AN INNOVATION-LED APPROACH TO HELP OUR CLIENTS DEVELOP AND DELIVER DISRUPTIVE INNOVATIONS, AND TO SCALE THEM

ACCENTURE INNOVATION ARCHITECTURE USES AN INNOVATION-LED APPROACH TO HELP OUR CLIENTS DEVELOP AND DELIVER DISRUPTIVE INNOVATIONS, AND TO SCALE THEM ACCENTURE INNOVATION ARCHITECTURE USES AN INNOVATION-LED APPROACH TO HELP OUR CLIENTS DEVELOP AND DELIVER DISRUPTIVE INNOVATIONS, AND TO SCALE THEM FASTER TODAY S AGENDA PROVIDES THE OPPPORTUNITY TO HAVE

More information

Future gazing housing post 2020

Future gazing housing post 2020 Future gazing housing post 2020 7 February 2017 Chair: Nick Yandle, Policy Officer, National Housing Federation Future gazing Housing post 2020 Steve Douglas Partner - Altair Tuesday 7 February 2017 Background

More information

2013 venture capital trends summary

2013 venture capital trends summary 213 venture capital trends summary Prepared by: Hitesh Kothari, Director, McGladrey LLP hitesh.kothari@mcgladrey.com August 213 Fundraising by venture capital funds In the first half of 213, 88 venture

More information

Global infrastructure investment increase

Global infrastructure investment increase Global infrastructure investment increase Desired global investment by industry, 25 prices and exchange rate US$ trillions 3 25 2 15 1 5 4.9 3.7 2.1 1.6 15.4.8.7 7 3.1 1981 28 23 Residential real estate

More information

Australia and Japan: a View from Asia Kevin Sneader October 13th 2014

Australia and Japan: a View from Asia Kevin Sneader October 13th 2014 Australia and Japan: a View from Asia Kevin Sneader October 13th 2014 The world s economic centre of gravity has come back to Asia Locations weighted in 3D space by GDP 1980 2000 2010 1950 1940 1820 1500

More information

Thomson Reuters Legal

Thomson Reuters Legal Reuters/Suhaib Salim Peter Warwick President & CEO Deutsche Bank European TMT Conference September 9, 2010 Thomson Reuters Special Note Safe Harbor / Forward-Looking Statements The following discussion

More information

THE MACROECONOMICS OF THE GLOBAL TECHNOLOGY ECONOMY. Howard A. Rubin

THE MACROECONOMICS OF THE GLOBAL TECHNOLOGY ECONOMY. Howard A. Rubin THE MACROECONOMICS OF THE GLOBAL TECHNOLOGY Howard A. Rubin well surpassing such investment by the United States and every other country. The Dow Jones Industrial index no longer exists, replaced by a

More information

2012 ACCE Industry Advisory Board Best Practices Positioning Your Firm After the Great Recession

2012 ACCE Industry Advisory Board Best Practices Positioning Your Firm After the Great Recession 2012 ACCE Industry Advisory Board Best Practices Positioning Your Firm After the Great Recession 2012 FMI Corporation 0 The Great Recession 2012 FMI Corporation 1 FMI Corporation 2010 1 Market Truths You

More information

Investment Highlights. Revenue Distribution

Investment Highlights. Revenue Distribution Stock Profile Investment Highlights Sector ITes Niche in running innovative operations for large portfolios of complex BSE 532927 NSE ECLERX Listing Date December 2007 Issued Shares (Rs. mn) 386.29 Share

More information

Smart Grid Maturity Model: A Vision for the Future of Smart Grid

Smart Grid Maturity Model: A Vision for the Future of Smart Grid Smart Grid Maturity Model: A Vision for the Future of Smart Grid David W. White Smart Grid Maturity Model Project Manager White is a member of the Resilient Enterprise Management (REM) team in the CERT

More information

Israel Venture Capital Investments Report Q3 2017

Israel Venture Capital Investments Report Q3 2017 Israel Venture Capital Investments Report Q3 2017 NOVEMBER 2017 Summary of Israeli Venture Capital Raising Q3/2017 +14% from Q2/2017 Israeli high-tech capital raising summed up to $1.44B @ ALL RIGHTS RESERVED.

More information

Factors influencing the adoption of building information modeling in the AEC Industry

Factors influencing the adoption of building information modeling in the AEC Industry icccbe 2010 Nottingham University Press Proceedings of the International Conference on Computing in Civil and Building Engineering W Tizani (Editor) Factors influencing the adoption of building information

More information

China: Technology Leader or Technology Gap?

China: Technology Leader or Technology Gap? China: Technology Leader or Technology Gap? Prof. Han Zheng, Ph.D zheng.han@tongji.edu.cn Chair of Innovation and Entrepreneurship Tongji University, Shanghai Asia Research Centre University of St. Gallen,

More information

2010 IRI Annual Meeting R&D in Transition

2010 IRI Annual Meeting R&D in Transition 2010 IRI Annual Meeting R&D in Transition U.S. Semiconductor R&D in Transition Dr. Peter J. Zdebel Senior VP and CTO ON Semiconductor May 4, 2010 Some Semiconductor Industry Facts Founded in the U.S. approximately

More information

1 Augmented Reality Patent Trend Analysis

1 Augmented Reality Patent Trend Analysis 1 Augmented Reality Patent Trend Analysis Augmented Reality Patent Trend 1. Analysis Background and Methods Augmented reality is a technology that combines real and virtual world, where a user experiences

More information