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Top priorities and investment avenues for ER&D organisations in 2022
Top priorities and investment avenues for ER&D organisations in 2022

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Insights in this report are from NASSCOM-Deloitte Global Engineering R&D Pulse Survey, which spanned a survey of enterprises across North American, EMEA, and APAC regions, with participation from over 100 end user enterprises from eight key verticals across 19 countries.

In 2021, ER&D companies across the world faced many challenges, coming back to normal way of working and while doing that they were also prioritizing the activities and investment avenues for 2022.

As per the NASSCOM-Deloitte Engineering R&D Global Pulse Survey, out of the surveyed companies, in 2022, majority of the companies will focus on holistic goals such as developing innovative, connected, customer-centric solutions and sustainability. Companies are no longer only focusing on immediate goals such as cost optimisation or focus on core business but are also keenly involved in creating a sustainable business.

 

Pulse survey 3

 

Sector wise, following have been the priorities for 2022 –

  1. For traditional sectors, such as automotive and transportation and hardware and electronics, developing innovative, connected, customer-centric products and solutions continued to be the foremost priority.
  2. Industry 4.0 solutions, such as digital twins, smart factories, and digitalisation of supply chain are a leading priority for the energy, oil and gas, automotive and transportation and industrial sectors.
  3. Surveyed companies in the telecom sector prioritised creating Industry 4.0 solutions, while those in the ‘aerospace and defense sector’ are focusing on ‘modular designs and product platforms to benefit from the scale of production’ to allow for quick integration, unlocking greater production efficiency for manufacturers and higher flexibility in design.

 

Region wise the 2022 priorities have been –

  1. Companies with headquarters in APAC are expected to focus on building a technology ecosystem to reduce time to market.
  1. Companies with headquarters in EMEA plan to globalise their R&D footprint through new ER&D GCCs or ESPs. The increasing need for multidisciplinary competencies and the rising innovation costs have led companies in EMEA to leverage GCCs and ESPs. Further, driving ER&D productivity and performance by digital infrastructure is another focus area for companies in EMEA (specifically in Germany). This significantly reduces costs and accelerates cycle times. The future of R&D is expected to be driven by AI/ML and advanced analytics mining large datasets, enabling companies to understand and visualise interaction with targets, and predict likelihood of success.
  2. Companies in the US have already globalised their R&D footprint at a higher scale compared with those based in EMEA.

 

Read more insights in the report – “NASSCOM-Deloitte Global Engineering R&D Pulse Survey 2022”

NASSCOM Communityhttps://community.nasscom.in/communities/engineering-research-design/nasscom-deloitte-global-engineering-rd-pulse-survey-2022

NASSCOM Websitehttps://nasscom.in/knowledge-center/publications/nasscom-deloitte-global-engineering-rd-pulse-survey-2022


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Vandhna Babu
Principal Analyst - Research

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