Published: 05 June 2024
Knowing how best to outsource is often challenging for R&D organizations. This report helps R&D leaders benchmark their outsourcing activities, spend allocation and partnership mix with industry peers, and decide when and what to outsource.
The top R&D priorities in 2024 are reducing product development cycle times, attracting and retaining critical R&D talent, and accelerating speed to maturity for technologies in the R&D portfolio.
R&D organizations outsource some research, development and engineering (RD&E) capabilities to gain access to specialized expertise and skill sets, achieve faster time to market and save costs.
The most outsourced R&D and engineering activities across all industry segments are cloud infrastructure, cybersecurity, environmental sustainability impact studies, and customer/market research and insights.
On average, organizations allocate 24% of RD&E expenditure to outsourcing activities. R&D organizations expect this number to increase over the next
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