Enhancing Results via Intelligent Research Methods
In the realm of research and development (R&D), a significant change is underway. Traditional practices that have long been associated with waste are being challenged, and innovative solutions are being adopted to boost efficiency and productivity.
According to recent estimates, approximately 25% of the global R&D spend amounts to a staggering $100B wasted annually. This startling figure has prompted a call for change, with companies worldwide seeking more effective and streamlined methods to drive their R&D efforts.
One company leading the charge in this transformation is SAS, the global leader in business analytics software and services, and the largest independent vendor in the business intelligence market. Since 1976, SAS has been empowering customers with THE POWER TO KNOW®, and their journey continues with the integration of smarter experimentation into workflows.
A key figure in this transformation is Hadley Myers, PhD, a systems engineer at JMP, a division of SAS. With over 10 years of combined research and manufacturing experience in photovoltaics, Hadley brings a wealth of knowledge to the table. Prior to joining JMP, Hadley worked at Smit Thermal Solutions and HelioVolt.
Joining Hadley at JMP is Benjamin Valsler, who previously served as the producer of the award-winning Naked Scientists before assuming his current role as the digital editor of a website magazine, producing video and podcasts to accompany the magazine and website. Malcolm Moore, PhD, senior technical manager for JMP in Europe, also brings a wealth of expertise to the team, with a background in medical statistics, design of experiments (DoE), and previous roles at Newcastle University, Light Pharma, BBN, and Astra Zeneca.
The benefits of these changes are manifold. By adopting smarter experimentation methods, companies are not only reducing waste but also doubling their R&D capacity. This transformation is leading to the delivery of new products to market at lower costs, as evidenced by the recent development of a new vaccine in just 9 months.
This webinar, held on February 10, 2023, in association with Riffyn, delves deeper into these changes and their impact on the R&D landscape. The discussion centres around the benefits of utilizing smarter experimentation and incorporating it into a workflow, and how these changes are revolutionizing the way products are brought to market.
Timothy Gardner, a scientist and leader in the field of synthetic biology, serves as an adviser to the European Union Scientific Committees, Imperial College London, and the Boston University Engineering Alumni Advisory Board. Previously, Timothy was vice president of R&D at Amyris. His pioneering work has been recognised by Scientific American, the New Scientist, Nature, Technology Review, and the New York Times.
Experimentation processes need to surpass expectations and solve obstacles almost before they appear in this new era of R&D. The Cambridge Dictionary defines an experiment as a test done in order to learn something or to discover if something works or is true. In the context of this transformation, experiments are no longer merely tests but strategic tools designed to drive innovation and efficiency.
As we move forward, it is clear that the R&D landscape is undergoing a significant shift. Continued use of experimental practices that lack predictable timelines regarding the achievement of key deliverables will no longer be tolerated. Instead, companies are embracing smarter experimentation methods to drive growth, reduce waste, and deliver innovative products to market more efficiently than ever before.
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