Objective and Scope:
The client, a leading FMCG company, was looking into their competitors' R&D and investment strategies. It wanted to understand their R&D efforts across multiple aspects, and sought Benori’s support to:
- Investment levels in R&D, including locations, models, and number of R&D centers and talent pool
- Identifying current and future R&D focus areas, including recent technological advancements, partnerships, etc.
Approach:
To assess competitors’ R&D strategies, we leveraged public databases to capture patent filings, publications, and clinical trials to understand focus areas and upcoming innovations. Company reports and industry analysis provided insights into R&D investments, locations, talent acquisition, partnerships, and areas of excellence. We were also engaged with the company’s senior stakeholders for further validation.
Impact:
The research helped the client:
- Gain insights into the areas where competitors are focusing on their R&D efforts
- To identify emerging technologies and potential threats or opportunities
- Take informed decisions about their own innovation pipeline, resource allocation, and potential partnerships