INTRALOT among the leading R&D Investors in Europe
Athens, December 12, 2013. INTRALOT Group for the eighth consecutive year was ranked amongst the top 1,000 European organizations of the ‘2013 EU Industrial Research & Development Investment Scoreboard’ prepared and published by the European Commission. Committed to a strategy with constant focus on Innovation, INTRALOT ascended 60 places in the ranking compared to last year’s R&D Scoreboard, becoming the 544th most significant R&D investor in Europe. INTRALOT was also classified 30th at the “Technology Hardware & Equipment” industrial Sector list of the Scoreboard. The R&D Scoreboard measured the total value of INTRALOT’s global R&D investment financed with its own funds, irrespective of the location where the relevant R&D took place.
Commenting on the prestigious classification, Mr. Konstantinos Farris, INTRALOT Group’s General Technical Director of Systems, stated: “Innovation is the key driver to INTRALOT’s expansion and success worldwide. Our leading position in R&D, as it is reflected in the EU R&D Scoreboard, ratifies our commitment to offering to the gaming industry a continuously upgraded portfolio of unique, technologically and operationally advanced solutions. In 2013, we have created a dedicated Innovation Lab (i-Lab) in order to accelerate innovation even further. i-Lab provides all the necessary tools for the enabling, identification, evaluation, implementation and marketization of innovative ideas, in order to ensure that INTRALOT products and services are driving the state of the art and that INTRALOT solutions are enabling further business innovation for its customers.”
In 2012 INTRALOT invested €21.4 million, a 12.2% increase versus 2011, which represented 9.7% of the company’s IT-related revenues. INTRALOT has its central R&D HUB in Greece and additional R&D centers in USA, Taiwan and Italy. Also, over the years the company has established close collaboration with leading institutes throughout the world, such as the Athens Information Technology Center (AIT). Aiming to further foster innovation, INTRALOT has also initiated a technology-oriented Gaming Innovation Cluster, embracing the best of human capital, to collaboratively design state-of-the-art products and services to the benefit of the international gaming industry.
The EU Industrial R&D Investment Scoreboard is published annually by the European Commission (DG Research and Innovation and Joint Research Centre). The 2013 Scoreboard is based on a sample of 2,000 companies, top investors in R&D.
INTRALOT, a public listed company, is the leading supplier of integrated gaming and transaction processing systems, innovative game content, sports betting management and interactive gaming services to state-licensed gaming organizations worldwide. Its broad portfolio of products & services, its know-how of Lottery, Betting, Racing & Video Lottery operations and its leading-edge technology, give INTRALOT a competitive advantage, which contributes directly to customers' efficiency, profitability and growth. With presence in 56 jurisdictions, more than 5.500 people and revenues of €1.4 billion for 2012, INTRALOT has established its presence on all 5 continents.