Definition

SRI International (SRI)

Part of the Project management glossary:

SRI International (SRI), founded as Stanford Research Institute International, is an independent, non-profit research institute headquartered in Menlo Park, California. SRI International specializes in conducting client-sponsored research and development for government, industry, foundations, and other organizations, while also bringing their own innovations to the marketplace through intellectual property (IP) licenses, creating new ventures, and providing products and services.

Stanford Research Institute history
The trustees of Stanford University established SRI International in 1946 as a center of innovation to support economic development locally in the Silicon Valley, then the United States as a whole. One of their first research projects investigated whether the guayule plant could be used as a source of natural rubber during World War II.  The organization's first economic study was for the United States Air Force in 1947 which sought to uncover the expansion potential of the U.S. aircraft industry. SRI is now one of the largest contract research institutes in the world.

SRI today
In 2006, SRI International was awarded a $56.9 million contract with the National Institute of Allergy and Infectious Diseases to provide preclinical services for the development of drugs used to treat SARS, avian influenza, hepatitis and West Nile virus. In 2007, SRI launched Siri, Inc., which was born from SRI's work on the Defense Advanced Research Projects Agency-funded CALO (Cognitive Assistant that Learns and Organizes) – a company Apple acquired in April 2010.

According to their website, SRI employs 2,500 people worldwide including scientists, engineers, technologists, policy researchers, and corporate and support staff. In 2012, SRI International's revenues were approximately $545 million.

This was last updated in October 2013
Contributor(s): Emily McLaughlin
Posted by: Margaret Rouse

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