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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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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.
A Fortune 500 aerospace company that is addressing industry-wide engineering and knowledge retention challenges -- by using a new system to harness internal and external technical information and derive new ideas across numerous projects -- reports a 10-fold return on investment within the first year.Learn more about our client’s successes
To expand its international business, global market forecasters for Europe’s top defense and space enterprise strengthened planning for prioritized countries, supported decisions to refocus resources, highlighted new opportunities that were not in operational plans, and developed formulas to generate updates/analyses within just one day.Learn More About Our Customers Success
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
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