R&D team Overview of our Group


Global leadership through innovation

Being a leader means knowing how to innovate. Our forward-looking R&D team knows how to push our boundaries to find ways to make next-generation cables that are lighter, tougher, and greener.

We use our market leadership, tap our vast research knowledge and experience, and leverage our extensive network of partners and universities to deliver energy and telecommunication innovations that make a difference to our customers’ bottom lines.

«As the industry leader, we have the responsibility to shape the industry with innovations that will deliver on future energy and communication needs of our communities»

Srinivas Siripurapu

Chief R&D and Innovation Officer Prysmian

A Business Model balanced by segment and geographical area

The diversified portfolio of activities is a strength for the Prysmian, as the only global leader with a business model balanced among areas with differing profiles, where each segment plays a precise role in the overall strategy, considering stability, growth potential and the generation of opportunities.

Central to our mission is providing our customers with superior cable solutions based on state-of the art technology and consistent excellence in execution, drawing on the ability to integrate ever more closely the various components - engineering, installation, network monitoring and after-sales services - to provide value-added services that ensure recurring revenue streams and build long-term partnerships with customers.

Alongside this, the Group is also able to identify and develop value-added market niches – such as solutions for the elevator industry, cables for multimedia applications, monitoring solutions developed by Prysmian Electronics – while releasing the synergies needed to be cost-effective and offer end-to-end solutions integrated with advanced digital equipment.



Group R&D is responsible for the overall innovation strategy, aimed at making Prysmian a key player in the value chain supporting Energy Transition, Digitalization and Sustainability.

Local R&D centres participate actively in new product development, the Design-to-Cost (DTC) program and the rationalisation of product families. The Design-to-Cost program represents a tangible initial example of this model.

Using the best materials, adopting efficient processes and implementing innovative projects, this program has achieved in 2021 cost savings totalling more than Euro 42 million, with more than 1,800 projects completed at our manufacturing plants.


Our DTC methodology

We have continued to focus on new solutions to optimize costs via the Design to Cost (DTC) program, using better materials, efficient processes and innovative designs. This program reached a new record during 2023 in terms of global results, and thanks to the launch of new products on the market (NPI).

Working towards a cleaner and safer future

The projects we are working on today at our 26 Research and Development (R&D) centres around the world will help make energy and information safer, cheaper and cleaner, not only for our direct customers, but also for people and communities. Furthermore, our commitment to sustainability means we are working towards a better world for all.

For us, investing time and resources in R&D is a top priority.

Hence, our partnerships with 50 universities the world over: we aim at developing cutting-edge solutions able to create value for our customers.

Focusing on high-tech projects

Our engineers are passionate about what they do, whether it is developing a more sustainable material, adding more transmission capacity to a cable, or improving a production process in one of our 108 plants.

The R&D team has a patent portfolio of more than 5,600 key innovations, which not only offer a technological advantage, but also have a lower environmental impact than the solutions they replaced.

Investing in R&D

Prysmian's spending on Research, Development and Innovation was approximately Euro 128 million in 2023, confirming its steadfast commitment to and focus on sustainable long-term growth. The company’s investments include developing new products and solutions using fibre-sensing electronics, sensors, artificial intelligence and robotics.

The merger between Prysmian and General Cable, in 2018, has created a R&D powerhouse. We are investing in digital tools that enable efficient collaboration across our worldwide R&D community giving it ready electronic access to critical know- how, be it on our materials, designs or through technical experts.

Our goal is to be the most efficient we can in ‘connecting the dots’ to serve our customers and protect the environment.

In 2023, Prysmian increased investment in support of its ambition to be an enabler of the energy transition, responding to accelerating demand for digitalization and electrification solutions.

The strategy, aligned with the five-year plan unveiled on Capital Markets Day in October 2023, specifically calls for a selective acceleration of investment to meet growing demand, mainly in the Projects area. Over the 2023 - 2027 period, investment will grow 1.7 times over the previous five years to Euro 2.7 billion.

Focusing on projects

In August 2021, Prysmian took delivery of its new the 170-meter Leonardo da Vinci cable-laying vessel. The ship can lay submarine cables at depths of over 3,000 meters, also thanks to next-generation submarine cables armoured with lighter materials. Its two carousels of 7,000 and 10,000 tonnes ensure the highest capacity in the market, thereby improving project efficiency. These and other advanced features mean that the Leonardo da Vinci will allow more efficient and sustainable project execution, for the development of smarter and greener power grids worldwide to support the energy transition.