What kind of innovation strategy is practised at Symantec?
We have a very healthy innovation strategy that mainly stands on three pillars, ‘build, buy and partner’, by which we partner in the eco-system as well as continue developing innovative solutions. Since our customers view us as a one-stop shop, we plug every hole to provide the best of solutions to them through research, partnership and our strategic acquisitions. There are a number of examples of our research labs generating cutting-edge technologies that have gone on to become competitive products. But we also possess a meticulously laid out acquisition strategy. We believe in being pragmatic and also look outside to see if there are other products that benefit our customers; and we pick those as well. What kind of R&D base does Symantec have in India? As a company policy, Symantec invests around 15 per cent of its annual revenue into research. Of the 500 US patents that Symantec has, incidentally, a third of these come from India. We have a very large R&D set-up in Pune and Chennai.
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