15th March 2010, Hemel Hempstead, UK – Telephonetics Plc, the speech automation and data integration specialist, today announces its ranking in the top 1,000 UK and Global companies for Research & Development. The report, published by the Department for Business Innovation and Skills (BIS), summarises the findings of the 2009 Research & Development Scoreboard, an investigation of the 1,000 UK and 1,000 global companies that invested most in R&D in 2008.
Telephonetics continually invests in its product development as a core part of their innovation process and business strategy, keeping their end-to-end business solutions at the forefront of technology. As a UK based company Telephonetics solutions are developed, maintained and marketed locally.
The Research & Development Scoreboard is an international league table of the companies investing the most in R&D, designed as a benchmarking tool for companies, investors and policy-makers. Twelve leading business and professional organisations endorse the Scoreboard as a source of information for their companies and their shareholders when considering the amount invested in R&D as part of their innovation process and business strategy.
Anthony McKay, CEO at Telephonetics enthuses “We are delighted that Telephonetics ranked this year in the UK companies for R&D investment and we made an entrance in the ‘Software and Computer Services’ industry section too. In 2008, the software and computer services sector was the third largest contributor to R&D in both the UK1000 and the G1000. It is important to us as a company, our shareholders and our customers to continue to invest in R&D. Our ranking is testament to the R&D investment we put back into the company to enable us to continue to develop, maintain and market solutions that genuinely meet our customer’s business requirements, in line with market demands.”
For a full copy of the report please visit
www.bis.gov.uk/randscoreboard.