R&D Industry Analysis for the 2012-13 Financial Year
Applications, for the 2012-13 financial year, showed substantial growth for the company over the previous period and ongoing contracts indicate that this strong trend will continue.
The chart below illustrates the way in which a range of industry segments made up the workload. This is expressed in terms of the total R&D spend, by each category, as a percentage of the whole.
Manufacturing, in its broader sense, including plastics technologies and food processing forms almost half the total of our clients’ expenditure on R&D for the 2012-13 financial year and is expected to be higher than this in the 2013-14 period.
The company revenue grew by 26% in the twelve months from July 2012 and this rate will be substantially exceeded in the following twelve months.