DISRUPTIVE, GAME-CHANGING INNOVATION 2016 State of Innovation REUTERS “Valeo’s ambition is to bring the most innovative technologies into the cars that are driven every day by hundreds of millions of people. One defnition perfectly describes our approach: innovation as an invention that has found a market…In a world that is more and more open, we promote an innovation of the widest possible scope, including partnerships with public research bodies, academic organizations, customers, and suppliers.” —Jacques Aschenbroich, CEO, Valeo TABLE OF CONTENTS Introduction 4 Observations & Findings 5-6 Aerospace & Defense ...7-12 Automotive .....13-1 8Biotechnology19-24 Cosmetics & Wellbeing ........25-30 Food, Beverage & Tobacco ...31-36 Home Appliances .....37-42 Information Technology .......43-4 8Medical Devices ........49-54 Oil & Gas ......55-60 Pharmaceuticals .......61-66 Semiconductors ........67-72 Telecommunications .73-78
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