Patent approvals reach new record
Drs Andreas Mayr and Christine Koslowski |
Patent figures at a high level.
“Innovation continues to be a driver of our success and our innovation rate is high. The numbers nevertheless show us that the innovation process is suffering from a lack of personal interaction,” says Dr Andreas Mayr, Chief Operating Officer at the Endress+Hauser Group. With 258 initial filings, Endress+Hauser is slightly under the prior year’s figure of 276. “Many ideas arise through coincidental encounters and the sharing of information. Together we are simply more creative and innovative.”
One reason to celebrate is the new record of 764 worldwide patent approvals. Since many innovations in multiple countries are filed as patents, this figure is regularly above the number of internal patent submissions. The intellectual property rights portfolio, which protects the Endress+Hauser products, solutions and services from imitators, now comprises a total of 8,600 patents and patent filings.
Endress+Hauser places a high value on research and development. In 2021, the Group invested more than 210 million euros in R&D, which equates to 7.4 percent of sales. “This ensures that our pipeline continues to be filled with new products. We will introduce more than 30 new products to the market this year as well,” says Andreas Mayr.
Focus on personal encounters.
“This year’s Innovators’ Meeting is designed to offer a platform to take advantage of the potential of personal encounters,” says Dr Christine Koslowski, Director of Intellectual Property Rights at Endress+Hauser. “We expanded the program to two days and brought our innovators together from various Endress+Hauser companies to work on new ideas. Three of these concepts were awarded a financial and time budget to develop them further.”
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