3M Named a 2015 Top 100 Global Innovator by Thompson Reuters
November 12 2015 - 1:53PM
Business Wire
Recognized for the Fifth Consecutive
Year
When research and development is the heartbeat of a company,
innovation is bound to follow. Thomson Reuters recognized the
creative innovations that take place at 3M every day and has placed
the science-based company high on its fifth annual Top 100 Global
Innovators list. From a pool of more than 1,300 companies, 3M
proved once again it is one of the best in the world when it comes
to applying science to solve problems and improve lives around the
world.
“3M is built on innovation; its future will be too,” said Ashish
Khandpur, senior vice president, Research and Development, and
chief technology officer. “We constantly make investments to
strengthen our scientific capabilities and increase our
competitiveness to serve our customers and the broader
society.”
3M strengths included all four principal criteria: overall
patent volume, patent application-to-grant success rate, global
reach of the portfolio, and patent influence as evidenced by
citations. Its highest score was in the Globalization category,
where Thomson Reuters recognized the company’s strong emphasis on
protecting its patents and innovations around the world.
“3M embodies the Lifecycle of Innovation in its discovery,
protection and commercialization of inventions, making it a
top-performing Top 100 Global Innovator,” said Laura Gaze, director
of PR & thought leadership for Thomson Reuters IP &
Science.
3M invests about 5.6 percent of its sales into research and
development, with plans to move closer to 6 percent. That
investment helps produce more than 3,000 patents each year. The
science-based company is also set to open a new state-of-the-art
R&D lab on its St. Paul, Minnesota campus.
The company owns 46 technology platforms, which range from
adhesives and abrasives, to ceramics and nanotechnology. Its 8,500
scientists around the world share and combine these technologies
across all its businesses to create a steady stream of unique
products for customers. Roughly one-third of 3M’s sales come from
products introduced in the last five years.
See 3M’s science come to life at the 3M Newsroom.
To view the full list and report on the Thomson Reuters 2015 Top
100 Global Innovator program, go to
http://www.stateofinnovation.com.
About 3MAt 3M, we apply science in collaborative ways to
improve lives daily. With $32 billion in sales, our 90,000
employees connect with customers all around the world. Learn more
about 3M’s creative solutions to the world’s problems at www.3M.com
or on Twitter @3M or @3MNewsroom.
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version on businesswire.com: http://www.businesswire.com/news/home/20151112006417/en/
3MFanna Haile-Selassie,
651-736-0876Fhaile-Selassie@mmm.com
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