| |DECEMBER 20184Consultants ReviewEditor's NoteConsultants can Deliver Superior Returns for BusinessesNandini MukherjeeManaging Editor ConsultantsReviewA key enabler of growth is efficiently bringing new products and services to market while effectively managing the lifecycle of existing offerings. Successful companies optimize research and development (R&D) in order to maximize innovation, value, and quality while minimizing cost, time, and risk. They apply lean principles and pursue design excellence.R&D is very relevant in today's competitive scenario when customers are hankering after new products and new technologies. The organization that can successfully leverage its R&D efforts by translating the efforts in building new products will find itself ahead of its competitors. Expenses on R&D can be considered not as expenditure but as an investment. As customer expectations grow and markets evolve more quickly, companies need to make sure their innovation engines can keep up.This is where the role of consultants comes into the picture. Increased market participation, cost management benefits, advancements in marketing abilities and trend-matching ­ all of these are carefully evaluated by the consultants to garner results. Partnering with such consultancies, businesses can devote the right level of resources to R&D and avoid the many pitfalls that hamstring sustained, successful innovation. In our current edition, we have featured a list of "10 Most Promising Research & Development Consulting Companies". These companies adopt a cross-industry perspective, identifying the most relevant R&D best practices from businesses in many different sectors. Their comprehensive services provides structure at every stage of businesses, from determining the best metrics to measuring costs to monitoring continuous improvement of its R&D capabilities.Vol 4 · Issue 1-1 · December 11- 2018 Publisher & Editor Alok Chaturvedi Managing Editor Nandini MukherjeeEditorial Team Amit Raja Naik Hridkamal Roy Swagatika Panda Anitha Thomas Group Art Director Ashok Kumar Visualisers S Sivasankar Vishnu T R GM-Sales & Marketing Rohit KumarT : +91-80-46441103Sales & MarketingIndranil ChakrabortyT : +91-80-46441148editor@consultantsreview.com marketing@consultantsreview.comNo. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugheshpalya, Bangalore-560017To subscribe: Circulation Manager Magendran Perumal T : +91-80-46441103subscription@consultantsreview.com Cover price Rs 150 per issue.Printed and Published By Alok Chaturvedi on Behalf of Bizprint Media Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 And Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugheshpalya, Bangalore-560017. Copyright © 2018 Bizprint Media Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher. | |NOVEMBER 20185Consultants Review
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