ANNUAL REPORT 2017

Luis Uriarte Ibarrola Market Manager and Deputy Director of Fundación TEKNIKER Our 2017-2020 Strategic Plan was drafted and launched in 2017. It was influenced significantly by the fact that the Lubricant Oil Laboratory was segregated from IK4-TEKNIKER. It was established 35 years ago and, thanks to is many successes along the way, the laboratory has become a leader and a benchmark in terms of using oil as a basic component to develop Smart Asset Management tools. We found that “Recovering” from this segregation was a challenge. The 2017-20 Strategic Plan, therefore, focuses on making the most of the resources generated by this sale, so that, when managed as an investment, we will be able to maintain and eventually increase the volume and profitability of our technological activities. Therefore, the challenge set for 2017 consisted in bringing the definition used for this investment plan in line with the activities required for a tidy and placid segregation, simultaneously allowing regular activities to be maintained at IK4-TEKNIKER in its role as a technology centre. Therefore, and taking the balanced scorecard of the Emaitek Plus programme as a reference, the number of patent (EPO or PTC) applications filed in 2016 per every 100 researchers (EPO or PCT) climbed to to 3.4 in 2017. Likewise, revenues obtained from selling licenses or patent rights surpassed 900,000 € in 2017, a figure that was very close to the target set for 2020 (400,000 € per every 100 researchers). Our impact with regard to NEBTS turnover (New Technologically Based Companies) and invoicing other customer companies has already reached 2020 goals. Our international activities, mainly based on European Framework Programme projects, fully comply with the requirements of the previously mentioned Emaitek programme. Consequently, in 2017 nearly 25% of our funding came from this source and we were able to involve more than 25 Basque companies in H2020 projects. Both these and other actions have allowed us to increase our number R&D activities, although a record-breaking figure of 22 million euros was reported in 2016 that later climbed to a figure 23.4 million euros in 2017. Consequently, we did not only maintain but also increased our growth rate compared to the previous 2013-2016 strategic period. 03 MARKET MANAGEMENT INDEX 01 MESSAGE FROM THE CHAIR 02 REPORT BY THE GENERAL MANAGEMENT 03 MARKET MANAGEMENT 04 TECHNOLOGY MANAGEMENT 05 THE VOICE OF OUR CUSTOMERS AND COLLABORATORS 06 REVENUES AND BOOK BALANCE 07 COLLABORATING ORGANISATIONS & GOVERNING BOARD 08 IK4 RESEARCH ALLIANCE