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National Instruments Corporation

Company Profile Analysis

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National Instruments Corporation - Semiconductor showcase

Year Founded & Workforce

1976

7,410 Employees

Industry

Semiconductor

Services

Industrial ControllersPXI Express Embedded ControllersCompactRIO ControllerCompactDAQ Controller
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National Instruments Corporation Employee Contacts

49 verified contactsNames, job titles, seniority and locations

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National Instruments Corporation Overview

Company Headquarters: US

Founded: 1976

Workforce: ~7,410

Company Working: National Instruments Corporation (NI) designs, manufactures, and sells application software and modular, multifunction hardware to users for the creation of measurement, automation, and embedded systems. The company offers hardware maintenance services such as system configuration and deployment, calibration, warranty, and repair. It also offers software maintenance services such as software services for end-users and volume licensing for account-level services. The company caters to the automotive, aerospace, manufacturing, government and defense, medical research and pharmaceutical, education, power and energy, semiconductors and telecommunications industry verticals. NI also offers an education platform which combines software, hardware, and courseware designed to create engaging, and learning experiences. Geographically, the company classifies operates in the Americas, Europe, Asia-Pacific, the Middle East, and Africa.

Strategy

NI follows an organic strategy as a part of its market growth. The company combines its core technology of custom ASICs in its architecture to develop superior products, which helps the company gain a competitive advantage over other players in the market. It also focuses on innovation to provide modular and integrated products throughout its sales and support network. The company emphasizes maintaining strategic partnerships and collaborations with technology-based companies to enhance its solution offerings.

Company Snapshot

$1,200M

Revenue

7,410

Employees

1976

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Highly skilled workforce
  • Extensive R&D
  • Technologically upgraded products
  • Emphasis on product development
  • Strong brand image
  • High research and development capabilities

Weaknesses

  • Ineffective financial planning
  • Low profitability ratio
  • Unstable financial performance
  • Limited product portfolio

Opportunities

  • Low inflation rate
  • New environmental policies
  • Expansion into untapped market
  • Favorable government policies

Threats

  • Intense competition
  • Rising counterfeit products
  • Stringent government regulations
  • Changing consumer market
  • Dynamic market of raw material suppliers

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Key Developments

DateApproachDevelopment
October 2016CollaborationNI collaborated with SparkCognition and IBM for the Industrial Internet Consortium (IIC) test bed for condition monitoring and predictive maintenance. The collaboration delivered better methods to manage and extend the life of aging assets in heavy machinery, power generation, process manufacturing, and other industry verticals.
February 2018Product LaunchNI launched the new CompactRIO Controllers that include NI-DAQmx and Time Sensitive Networking (TSN). These controllers offer deterministic communication and synchronized measurements across standard Ethernet networks to increase performance and help improve productivity in addition to flexibility.

Product Offering

  • National Instruments Corporation
    • Industrial Controllers
    • PXI Express Embedded Controllers
    • CompactRIO Controller
    • CompactDAQ Controller

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 1.4 Mn in 2019 to USD 1.5 Mn in 2021.
National Instruments Corporation — By Business Segment
Series (USD Mn)201920202021
Sales1.41.31.5

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