← Home
🚀 Sign up Free for Company Insights & Valuation!
Sign up for free to get access to the best public company valuation and insights. Get started today and unlock the potential of your investments!
Sign up free
Renishaw
-4.14%
Machinery & equipment / Coordinate-measuring machines and machine tools
At a Glance | Core Facts | Company Due Diligence | Industry Due Diligence | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebOverview
Renishaw is a global technology company based in the United Kingdom that develops and manufactures high-precision measurement and healthcare equipment. The company was founded in 1973 by Sir David McMurtry and John Deer and has since grown into one of the world leaders in products such as coordinate measuring machines, laser scanning systems, and additive manufacturing machines.
Renishaw has a strong focus on innovation and invests a significant amount of its revenue into research and development. This has led to the company holding over 5,000 patents and a reputation for producing high-quality, reliable products.
The company’s main headquarters is located in Gloucestershire, England, and it has manufacturing facilities and sales offices in 36 countries around the world, including the United States, China, Germany, Japan, and India.
In addition to its measurement and manufacturing equipment, Renishaw also has a healthcare division that focuses on developing cutting-edge medical devices for applications such as neurosurgical robotics, dental scanning, and spectroscopy for cancer diagnosis.
Overall, Renishaw has established itself as a global leader in precision engineering, with a strong track record of innovation and a commitment to providing advanced solutions to a range of industries.
Renishaw has a strong focus on innovation and invests a significant amount of its revenue into research and development. This has led to the company holding over 5,000 patents and a reputation for producing high-quality, reliable products.
The company’s main headquarters is located in Gloucestershire, England, and it has manufacturing facilities and sales offices in 36 countries around the world, including the United States, China, Germany, Japan, and India.
In addition to its measurement and manufacturing equipment, Renishaw also has a healthcare division that focuses on developing cutting-edge medical devices for applications such as neurosurgical robotics, dental scanning, and spectroscopy for cancer diagnosis.
Overall, Renishaw has established itself as a global leader in precision engineering, with a strong track record of innovation and a commitment to providing advanced solutions to a range of industries.
What is special about the company?
1. Technological Innovations: Renishaw is known for its cutting-edge technological innovations that have revolutionized the precision engineering industry. Its products are used in a wide range of industries, including automotive, aerospace, healthcare, and electronics.
2. Global Reach: Renishaw has a strong global presence with operations in over 35 countries and a network of 80 offices worldwide. This allows the company to provide localized support and services to its customers.
3. Diverse Product Portfolio: Renishaw offers a diverse range of products, including precision measurement and calibration equipment, additive manufacturing systems, and dental scanners. This enables the company to cater to a wide range of industries and applications.
4. Strong Focus on Research and Development: Renishaw has a strong focus on research and development, investing around 15% of its annual sales into R&D. This has resulted in the development of innovative products and technologies that keep the company at the forefront of the industry.
5. Commitment to Sustainability: Renishaw is committed to minimizing its impact on the environment and promoting sustainability. The company has implemented various initiatives to reduce energy consumption, minimize waste, and increase the use of renewable energy sources.
6. Award-Winning Company: Renishaw has been recognized for its excellence and innovation, winning numerous awards including the Queen’s Award for Enterprise in Innovation and the MacRobert Award for engineering excellence.
7. Employee-Centric Culture: Renishaw values its employees and fosters a positive and inclusive work environment. The company provides continuous training and development opportunities, as well as a range of benefits and schemes to support employee well-being.
8. Strong Corporate Social Responsibility (CSR): Renishaw is committed to making a positive impact in the communities where it operates. The company is involved in various CSR initiatives, including educational programs, charity support, and environmental conservation projects.
2. Global Reach: Renishaw has a strong global presence with operations in over 35 countries and a network of 80 offices worldwide. This allows the company to provide localized support and services to its customers.
3. Diverse Product Portfolio: Renishaw offers a diverse range of products, including precision measurement and calibration equipment, additive manufacturing systems, and dental scanners. This enables the company to cater to a wide range of industries and applications.
4. Strong Focus on Research and Development: Renishaw has a strong focus on research and development, investing around 15% of its annual sales into R&D. This has resulted in the development of innovative products and technologies that keep the company at the forefront of the industry.
5. Commitment to Sustainability: Renishaw is committed to minimizing its impact on the environment and promoting sustainability. The company has implemented various initiatives to reduce energy consumption, minimize waste, and increase the use of renewable energy sources.
6. Award-Winning Company: Renishaw has been recognized for its excellence and innovation, winning numerous awards including the Queen’s Award for Enterprise in Innovation and the MacRobert Award for engineering excellence.
7. Employee-Centric Culture: Renishaw values its employees and fosters a positive and inclusive work environment. The company provides continuous training and development opportunities, as well as a range of benefits and schemes to support employee well-being.
8. Strong Corporate Social Responsibility (CSR): Renishaw is committed to making a positive impact in the communities where it operates. The company is involved in various CSR initiatives, including educational programs, charity support, and environmental conservation projects.
What the company's business model?
The Renishaw company is a global company that specializes in manufacturing and developing precision measurement and metal 3D printing equipment and systems for industrial and healthcare applications. Their business model is based on providing highly accurate and advanced technology solutions to their customers. They focus on research and development to stay at the forefront of technological advancements and also offer technical support and services to ensure their products are operating at optimal levels for their customers. Renishaw also has a direct sales approach, where they work closely with customers to understand their specific needs and provide customized solutions. Additionally, they have sales and service centers around the world to provide local support to their customers. Their business model is also focused on sustainability and investing in their employees and communities.
Interesting facts about the company
- The Renishaw company was founded in 1973 in Gloucestershire, England by Sir David McMurtry and John Deer.
- The name Renishaw comes from the village of Wotton-under-Edge in Gloucestershire, where the company is headquartered.
- Renishaw specializes in the design, development, and manufacture of precision measurement and healthcare equipment.
- Despite being known as a precision engineering company, Renishaw also has a significant presence in the healthcare industry. They produce products such as dental scanners, medical devices for neurosurgery, and additive manufacturing systems for orthopedic implants.
- One of Renishaw’s most well-known products is the Equator gauging system, which uses a comparative gauge to measure manufactured parts quickly and accurately.
- The company has a strong commitment to innovation, with over 1,500 patents registered worldwide.
- Renishaw has a global presence, with offices and facilities in over 35 countries.
- In 2019, the company had a revenue of over £611 million and employed over 5,500 people worldwide.
- Renishaw has been recognized for its strong commitment to corporate social responsibility, receiving numerous awards for sustainability, employee development, and innovation.
- In addition to its manufacturing and healthcare operations, Renishaw also supports various educational programs, providing resources and opportunities for students to pursue careers in engineering and technology.
See Company Due Diligence:
- The name Renishaw comes from the village of Wotton-under-Edge in Gloucestershire, where the company is headquartered.
- Renishaw specializes in the design, development, and manufacture of precision measurement and healthcare equipment.
- Despite being known as a precision engineering company, Renishaw also has a significant presence in the healthcare industry. They produce products such as dental scanners, medical devices for neurosurgery, and additive manufacturing systems for orthopedic implants.
- One of Renishaw’s most well-known products is the Equator gauging system, which uses a comparative gauge to measure manufactured parts quickly and accurately.
- The company has a strong commitment to innovation, with over 1,500 patents registered worldwide.
- Renishaw has a global presence, with offices and facilities in over 35 countries.
- In 2019, the company had a revenue of over £611 million and employed over 5,500 people worldwide.
- Renishaw has been recognized for its strong commitment to corporate social responsibility, receiving numerous awards for sustainability, employee development, and innovation.
- In addition to its manufacturing and healthcare operations, Renishaw also supports various educational programs, providing resources and opportunities for students to pursue careers in engineering and technology.
See Company Due Diligence:
Wait! There's more — sign up for free or log in