Change of any kind necessitates investment in the Research & Development (R&D) sector. However, investment levels vary according to the nature of the business sector. Those that cater to crucial human needs expend more on research compared to others. For example, pharmaceuticals, defence, biotechnology, aerospace, and the like, delve deeply.
The highest global spenders on R&D are USA, Japan, China, and some nations in the European Union. The UK presents a mixed picture in this aspect. Investment in research and development in the UK has increased by 9% totalling £21 billion. Some categories like the pharmaceuticals, biotechnology, aerospace and mobile telecommunication have increased their spending compared to their global counterparts, while a few other sectors have lagged behind. However, investment in R&D has often translated to a growth in the sales figure. This point has been exemplified by the two biggest sectors in the UK.
!b>Importance of R&D
The two biggest sectors in the UK, 'pharmaceuticals and biotechnology' and 'aerospace and defence' have experienced an increase in the sales figure similar to the growth in R&D investment and have witnessed an improvement in their profit margins.
‘Aerospace and defence' that were once loss-making sectors (in the year 2002) have turned profitable ventures. Investment in R&D wing of the biotechnology and pharmaceutical industry led to a profit enhancement by 10%. It has been observed that the value of the portfolios of firms with higher investment in R&D has increased more than the rise in the FTSE 100 indexes as a whole.
Though research has been an integral part of every business sector, the advent of computers has given a boost to the developmental work. Every wing in the research department makes use of the computers to enter their findings and make an analysis. The end product is again stored in the system, as chemical formulas, equations, industrial designs or ideas. Protecting this information is very important for the R&D data has been conceived after long durations of hard research work that necessitated an inflow of billions of pounds.
R&D Data and its Protection
R&D data is so important that it is prone to get stolen by hackers. Rivals and competitors, quite frequently, prefer easy access to information, rather than spend effort on its development.
Protecting such vital data is important.
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James Walsh is a freelance writer and copy editor. If you are concerned about data loss and would like more information on Data Recovery see www.fields-data-recovery.co.uk
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