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The Business of Science®
Oxford Instruments
Building International University-Business Links
Tony Ford
© Oxford Instruments 2011 - Confidential 1
The Business of Science®
Oxford Instruments 1st Spin out from
Sir Martin Wood
Born in 1927 & studied engineering at Cambridge University.
Founded Oxford Instruments in 1959 with his wife.
© Oxford Instruments 2011 - Confidential 2
Our History
The Business of Science®
Promoted to FTSE 250
World’s first liquid helium free dilution refrigerator with an integrated
high-field superconducting magnet
250
World’s first large area Silicon Drift Detector for SEMs
Hand-held XRF analysers
Plasma etch & Deposition tools for
semiconductor industry
Floated on London Stock Exchange
World’s first Superconducting MRI
World’s first commercial superconducting magnet
1959
1969
1979
1989
© Oxford Instruments 2011 - Confidential 3
1999
2009
2011 …..
Diverse End Markets
The Business of Science®
© Oxford Instruments 2011 - Confidential 4
Sales
The Business of Science®
Turnover in 2011 of £262.3m
1,900 people worldwide
RoW,
Asia,
Europe,
A globally recognised brand
> 90% of business outside the UK
North America,
© Oxford Instruments 2011 - Confidential 5
Origins and culture
The Business of Science®
•
•
•
•
•
Martin Wood was an engineer in Physics department in Oxford
In charge of designing and maintaining high magnetic fields
Visiting researchers asked him to make similar equipment.
Started the company in his garden shed
Martin continued working at the University for the first 10 years
• Æ Continued to build network of academics and users of equipment
• Æ Quickly build up an international reputation
• Æ Recognized the excellence of Japanese science & engineering
,.
• Maintaining close links with academics has been key to Oxford
Instruments continuous growth.
© Oxford Instruments 2011 - Confidential 6
Business of NanoScience
The Business of Science®
• Leading
edge research equipment remains our key business.
• Daily contact with academics
• Continue to build networks with scientists.
© Oxford Instruments 2011 - Confidential 7
The Business of Science®
OI NanoScience: Customers
© Oxford Instruments 2011 - Confidential 8
The Business of Science®
Millennium Science Forum
Sir Martin Wood Prize
Established in 1998
Eligibility
Specialise in Condensed Matter Science
Perform research in a Japanese University or institute.
Under 40 in year of Application
The Prize
¥500,000 awarded at the Millennium Science Forum
Opportunity for the winner to lecture at UK Universities
Selection
Usually 20 to 30 very high quality nominations for the prize
Winner selected by originality, quality and impact of research
© Oxford Instruments 2011 - Confidential 9
Research Collaboration
The Business of Science®
Observations from Oxford Instruments many collaborations :-
• Networks and Proximity are important
• Knowhow on inventions is the critical factor
• Success of the collaboration is getting technology to market
• Companies are attracted to high quality research groups.
© Oxford Instruments 2011 - Confidential 10
Research Collaboration
The Business of Science®
• Starts with equipment development which benefits both parties
• Japan has no barriers for foreign equipment suppliers
•
•
•
---- Scientists simply want the best equipment for research
Problems arise with mismatches between budget process and
equipment development.
The tender process is the same for commodities as it is for
advanced equipment which requires joint development.
--- This is a particular problem in Japan.
• Businesses need greater flexibility on the budget process.
© Oxford Instruments 2011 - Confidential 11