Avaya Named Among the 100 Most Innovative Companies in Silicon Valley by Thomson Reuters
Innovation is serious business at Avaya. Researchers inside Avaya’s R&D lab filed for 180 patents in the last 12 months—roughly one new patent every two days.
That commitment to research was recognized this week by Thomson Reuters, who named Avaya one of the 100 most innovative companies in the San Francisco Bay Area. We’re in good company: Other Thomson Reuters Top Bay Area Innovators this year include Apple, Facebook, Google, HP, Oracle, Tesla and Yahoo.
“Our engineers go to work every day, dreaming up the technologies that will enable better and more productive human engagement,” said Venkatesh Krishnaswamy, Vice President of Avaya Labs Research. “It’s incredibly exciting to be on the edge of that innovation, shaping the ways we will communicate with one another for decades to come.”
Avaya holds more than 5,500 patents, and files an average of 200 new patents each year. Some of the company’s most important patents include technology that allows workers to extend office calls out to their mobile phone, an innovative method to keep communication lines open during network outages and natural disasters, and a personal assistant that eliminates the need to dial long, complicated conference call numbers.
“Many of our inventions form the foundation of modern business communications,” Krishnaswamy said. “Others are beginning to hit the market now, and will improve communication in the very near future.”
Thomson Reuters selected this year’s winning class by studying the volume and success of patent filings, as well as the relative influence of a company’s patents—measured by the number of times patents were referenced by other inventors.
On a global level, companies that make Thomson Reuters’ Most Innovative list outperform the MSCI World Index in revenue by 6 percentage points, employment by nearly 4.1 percentage points and market cap-weighted R&D spend by nearly 1.9 percentage points.
Read the full report here: stateofinnovation.com/top100innovators