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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.
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
This aerospace and defense manufacturer avoids backorders in its supply chain by using a best-in-class system to identify and locate critical parts and suppliers. As a result, the company has reduced administrative lead time (ALT) and production lead time (PLT) from months to days by providing single-point access to data for 230,000 forging tools.
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