Research & Development is one of the means through which businesses experience future growth by developing new products or processes to improve and expand their operations. In current times, Research and Development is of great importance in a business as the level of competition, production processes and methods are rapidly increasing specifically in the field of marketing where companies are hawk-eyed on competitors and customers in order to be in pace with the modern trends and analyze the needs, demands and desires of their customers. Our success depends on a vibrant and productive R&D function. To sum up, we have an established innovative R&D structure that encourages creativity and facilitates an accelerated discovery and development of new technologies.