EFCG 2022 CEO Conference Highlight Series:
Innovation Spend vs. Internal Revenue Growth
From survey data collected from the over 250 firms in attendance across the Architecture, Engineering, and Consulting (AEC) industry and our extensive historical data set, we examined more closely firms that are investing above 0.5% of net revenue and growing at an annual rate of 5% or more. These findings align with EFCG’s recommendation to allocate between 0.5% and 2% of net revenue to innovation and R&D. How does your firm compare? Where do you sit relative to your closest competitors and within your target markets?
For more information and to talk about innovation and technology strategy for your firm, contact Marcus Quigley (EFCG Partner and Technology Practice Lead) at firstname.lastname@example.org
Questions about on-demand access and conference registration?
Email Dimitri at email@example.com