More than ever, companies in the chemical industry are looking to maximize return on the investments they make in innovation. This doesn't mean that research and development (R&D) investments are rising, however-in fact, many sources point to a subtle decline in R&D investment relative to revenue. With that trend in play, how do you deliver more with less?
For some, it is about making sure you are invested in the right mix of projects-projects aligned with corporate strategy and timed to produce consistent revenue growth for the company. Other companies might work on optimizing the R&D function, moving to a consistent process, and reducing duplicate research efforts. Still others might take an expanded view of innovation to capture the ideas and innovations that happen outside of R&D, such as innovations in process, business models, services, and new applications for existing technology. Regardless of your approach, software can be a key enabler of your success.
Microsoft focuses on solutions that enable your innovation process and increase visibility into your innovation investments, helping you make better decisions.
We provide these solutions on top of core functionality that allows your research and innovation teams to communicate and collaborate with each other around the globe and with key partners. And we do all this with a platform that is familiar, is easy to use, and can help you protect your company's intellectual property.
Business Challenges
As your company seeks greater return from its innovation and R&D investments, software is a key enabler for giving your organization greater insight into your investments, improving decision making, enabling your R&D process with technology, and increasing the productivity of your innovators while also helping protect your intellectual property.
Innovation process management
| Business challenges | Benefits |
|---|
| Microsoft innovation process management solutions help you execute on whole-company innovation, bring visibility into your complete innovation pipeline, and provide an integrated innovation platform you can use throughout your company and extend to your partners and customers. |
Project and portfolio management
| Business challenges | Benefits |
|---|
Increasing the rate of successfully launched projects Determining the stage-to-stage, risk-adjusted portfolio value Clarifying the timeline for future project launches Applying consistent project valuation metrics
| Technology solutions from Microsoft and our partners empower decision makers with more information on status and risk, provide a centralized repository for projects at all stages of maturity, and apply advanced analytics to support better decisions. |
High-performance computing
| Business challenges | Benefits |
|---|
Freeing scientists and engineers to do the work they do best, not spend their time acting as IT administrators Taming a costly high-performance computing environment
| Cost-effective and easy-to-operate technology solutions empower scientists and engineers who employ massive computational resources to solve complex technical problems. |
