Food & Drink Standards

This snack food market leader is driving product innovation by rolling out software to 1,100 users and connecting thousands of systems for R&D. It has saved tens of thousands of dollars by finding documents in seconds versus days, reduced time for a routine patent search from 2 weeks to 1/2 a day and helped new staff scan technical practices in 1/2 a day vs. 6 months.

One of the world’s largest privately owned food/agribusiness companies delivered millions of dollars in value over 4 years through enhanced global sourcing. Its strategic sourcing team used market intelligence to manage price volatility for both the company and its suppliers so they can deliver greater value to customers.

In this video featuring Jason Sonneborn, Senior Director of Goldfire & Innovation Services, you will hear about an IHS Markit customer who invented a new bottle cap prototype using IHS Markit information, analytics and expertise. Learn how the company quickly leveraged one engineer's innovative design and retooled its operations to pursue alternative opportunities in a brand new, fast-growth market space.

One of the world’s premier semiconductor companies increased the number of cross references in its parts database from 100,000 to nearly 2 million. In doing so, the company boosted results of its parts with the lowest searches by 52 percent and helped its customers find alternatives for obsolete parts so they can avoid the need to redesign products.