amkANALYTICS
Computer Software - Manhattan Beach, California, United States
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amkANALYTICS Details
For the leaders who want greater returns on their R&D investments, the R&D Manager by amkANALYTICS is the only comprehensive SaaS platform set of comprehensive SaaS tools that allows managers to interactively model the impact of proposed R&D strategies on revenue and profit. Corporate innovation is the primary engine not only of company growth, but economic growth as well. But companies have been flying blind when managing their R&D investment. Not only are they investing the wrong amount – foregoing an average $183 Million in profits each year; they are getting worse at R&D – they are generating 1/3 the growth from R&D they once did. Research Quotient (RQ):The R&D Manager from amkANALYTICS helps companies solve the flying blind problem by applying the revolutionary RQ metric developed by Professor Anne Marie Knott of Washington University in St Louis. RQ is based on the economic theory linking R&D to growth, for which Paul Romer won the Nobel Prize. Because RQ has this economic foundation, not only can companies measure innovative performance, they can predict Revenue, Profits, Growth and Market Value from R&D, and determine the level of R&D that maximizes profits. This isn't just true in theory, RQ's ability to predict these things has been validated using 47 years of data for all US-traded firms conducting R&D.The R&D Manager:The R&D Manager puts the power of this theory and the RQ metric in the hands of executives, so they can continually improve their returns to R&D. The R&D Manager is a Software as Applied Service (SaaS) platform with 3 powerful tools:• The Benchmarker which allows companies to track their RQ over time, across divisions and relative to competitors• The Modeler which allows executives to determine the level and divisional allocation of R&D that maximizes profits• The Diagnoser which identifies where companies R&D practices stand relative to other companies, and which of those practices should be changed to increase returns to R&D.
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