RICARDO Overview
Company Headquarters: UK
Founded: 1915
Workforce: 2901
Company Working: Ricardo delivers consulting services as well as a solution built on sustainable technological innovation. The company server is the 8 key market segments: automotive, aerospace & defense, financial services, energy utilities, and waste, public and government sectors. The company serves various markets such as aerospace and defense, energy, utilities, and waste, automotive, maritime, industrial, and manufacturing, rail and mass transit, and financial services. The company offers services such as strategic consulting, environmental consulting, technical consulting, niche production, and assurance and testing. The solution offered by the company includes corporate sustainability, energy decarbonization, air quality and urbanization, policy, strategy and economics, emerging mobility, water management, rail independent assurance, propulsion system engineering, rail engineering and operation, powertrain system production, defense system engineering, and driveline production.
Strategy
Ricardo aims to strengthen its business segments through strategic contracts & agreements and mergers & acquisitions. Furthermore, its strong alliances with several large multinational companies in the global market enable the company to accelerate its growth. Additionally, it is expanding its presence in emerging markets by adding new technologies to its portfolio to capture new revenue pockets. It aims to enhance its product portfolio through innovation and investments, which will help it take advantage of new opportunities in the powertrain segment.
