PerkinElmer Company Overview
What is the Stock Ticker for PerkinElmer?
The stock ticker for PerkinElmer is PKI.
Where is the PerkinElmer headquarters?
PerkinElmer's headquarters is located in Waltham, Massachusetts, United States.
What Does PerkinElmer Do?
PerkinElmer is a global company that provides scientific instruments, services, and solutions to help improve human and environmental health. They offer a wide range of products including analytical instruments, reagents, software, and consulting services for various industries such as life sciences, diagnostics, food, and environmental testing.
How Does PerkinElmer Make Money?
PerkinElmer is a global corporation that provides scientific instruments, software, and services to a wide range of industries, including healthcare, life sciences, environmental, and industrial. The company makes money through several revenue streams, including:
1. Product sales: PerkinElmer sells a wide range of scientific instruments, such as mass spectrometers, chromatography systems, and imaging systems, to its customers. These products are used in various applications, such as drug discovery, clinical diagnostics, and environmental testing.
2. Service and support: PerkinElmer provides maintenance, repair, and calibration services for its products, which generates recurring revenue for the company. The company also offers training and consulting services to its customers.
3. Software and informatics: PerkinElmer develops and sells software and informatics solutions that help customers manage and analyze scientific data. These solutions include laboratory information management systems (LIMS), electronic lab notebooks (ELN), and data analysis software.
4. Contract research services: PerkinElmer offers contract research services to its customers, which involves conducting scientific research on behalf of the customer. This service is particularly useful for customers who do not have the necessary expertise or resources to conduct research in-house.
5. Licensing and royalties: PerkinElmer holds patents and licenses for various technologies and products, which generate licensing and royalty fees from other companies.
Overall, PerkinElmer's revenue is generated from a combination of product sales, service and support, software and informatics, contract research services, and licensing and royalties. The company's diverse revenue streams and broad customer base help to ensure a stable and profitable business model.
Who Founded PerkinElmer?
PerkinElmer was founded by Richard Perkin and Charles Elmer in 1937.
What is the History of PerkinElmer?
PerkinElmer is a global corporation that specializes in providing scientific instruments, services, and solutions to a wide range of industries, including healthcare, environmental, and industrial markets. The company was founded in 1937 by Richard Perkin and Charles Elmer, who started out by selling optical instruments and accessories for spectroscopy.
Over the years, PerkinElmer has expanded its product portfolio to include a wide range of analytical instruments, reagents, software, and services. The company has also grown through a series of strategic acquisitions, including the purchase of Applied Biosystems in 2001, which expanded its capabilities in genomics and proteomics.
Today, PerkinElmer is a leading provider of solutions for life sciences research, diagnostics, and environmental testing. The company has a global presence, with operations in more than 150 countries and over 13,000 employees worldwide. Its products and services are used by a diverse range of customers, including academic and government research institutions, pharmaceutical and biotech companies, clinical laboratories, and environmental testing agencies.
What Industry is PerkinElmer In?
PerkinElmer is in the scientific equipment and services industry.
What Are PerkinElmer's Competitive Advantages?
1. Strong brand reputation: PerkinElmer has a strong brand reputation in the scientific and healthcare industries, which helps to attract and retain customers.
2. Diversified product portfolio: The company offers a wide range of products and services, including analytical instruments, reagents, software, and consulting services, which allows it to serve a broad customer base.
3. Innovation: PerkinElmer invests heavily in research and development, which enables it to develop new and innovative products that meet the evolving needs of its customers.
4. Global presence: The company has a strong global presence, with operations in over 150 countries, which allows it to serve customers worldwide.
5. Strong customer relationships: PerkinElmer has established strong relationships with its customers, which helps to drive repeat business and customer loyalty.
6. Experienced management team: The company has an experienced management team with a proven track record of driving growth and profitability.
7. Strong financial position: PerkinElmer has a strong financial position, with a solid balance sheet and strong cash flow, which allows it to invest in growth opportunities and weather economic downturns.
What Are PerkinElmer's Competitive Threats?
Some potential competitive threats to PerkinElmer could include:
1. Other companies in the scientific and analytical instrument industry, such as Thermo Fisher Scientific, Agilent Technologies, and Waters Corporation.
2. Emerging technologies that could disrupt PerkinElmer's current offerings, such as new methods for genetic sequencing or drug discovery.
3. Economic downturns or changes in government funding for scientific research, which could reduce demand for PerkinElmer's products and services.
4. Increasing competition from companies in emerging markets, particularly in Asia, where there is a growing demand for scientific and analytical instruments.
5. Changes in regulations or industry standards that could impact PerkinElmer's ability to operate or sell its products in certain markets.
Who Are Some of the Competitors of PerkinElmer?
Some of the competitors of PerkinElmer include Thermo Fisher Scientific, Agilent Technologies, Waters Corporation, Bruker Corporation, and Shimadzu Corporation.
What Are Some of PerkinElmer's Products and Services?
Some notable products and services from PerkinElmer include analytical instruments and software for life sciences and diagnostics, environmental health and safety solutions, food and beverage testing equipment, and genetic screening and testing services. They also offer laboratory services and consulting for various industries.
Has PerkinElmer Acquired any Companies?
Yes, PerkinElmer has made several notable acquisitions, including Euroscreen Products S.A., Caliper Life Sciences, Inc., and Tulip Diagnostics Private Limited.