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IHS forecasts worldwide defense budgets to experience modest growth between 2014-2018, with a CAGR of 1.4%. The challenge facing traditional defense manufacturers in the US and Western Europe, however, is that this growth takes place away from established markets. While suppliers have a strong footprint in the Middle East, emerging markets in Asia Pacific and Latin America are fragmented, posing a diverse range of business challenges.
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In this brief video, Paul Burton – Director of Research & Analysis for IHS Defence Industry and Budgets – describes how a defense manufacturer overcame austere market conditions to unlock opportunities in emerging markets. Learn how the company used IHS proprietary data and market forecasts, and worked with IHS analysts, to secure a sale in a region where it had never before conducted business.View Video
The research and development team that drives technology innovation accelerated research by up to 30 percent by enabling about 100 researchers to shift from using numerous systems to relying on one primary tool. The team was also able to mitigate the risk of lost intellectual property and potential revenues when collaborating with partners.
National Aeronautics and Space Administration (NASA) research centers and test facilities create hundreds of millions of documents and reports every year. By implementing a platform for technical knowledge discovery, the agency has gained quick access to relevant information and reduced time spent researching specific project data results from days to hours.Learn More About Our Customers Success
One of the world’s leading manufacturers of state-of-the-art solutions for armed forces and civil security sectors enabled its strategy for entering APAC markets with granular data built from the bottom up -- e.g., discovering 200+ potential sales opportunities for defense electronics in the region.Learn more about our client’s successes
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