MAS Holdings among Clarivate’s highly prestigious Asian innovators list

Clarivate is a global leader in accelerating innovation and its lifecycle. They pride themselves on helping inventors solve the world’s most complex problems utilizing data, insights, and science to fast-track innovation.

Why is this important? Clarivate, formerly Thomson Reuter’s Science and IP arm, is well respected for its expertise in recognizing Asia’s most influential innovators. One way it does this is via its South and South East Asia Innovation Awards, which is a veritable who’s who of Asian scientific powerhouses who are, in aggregate, responsible for the bulk of new patents in our region. The most recent list alone encompasses the National University of Singapore, IIT Mumbai, Hanoi University of Science and Technology, Singapore’s Agency for Science, Technology and Research, Petronas, Mahindra & Mahindra, Wipro, ITC, Viettel, and the Indian Oil Corporation, with there being 28 Clarivate Innovation Awards 2020 winners in total.

Why are we telling you this? Because, due to the new and highly influential patents coming out of Twinery and our parent company, MAS Holdings. We have been included in Clarivate’s highly prestigious Asian innovators list, which almost exclusively recognizes research-oriented universities and government entities, as well as big-name industrialists such as past winners TATA and GE.

And that’s not all; due to our efforts, our industry, apparel, has also been significantly elevated by this Clarivate recognition since it has never before considered apparel manufacturers in terms of scientific research and innovation. Or, at least, in any way that would result in recognition that is as prestigious as Clarivate’s, allowing us to proudly proclaim that we were the first apparel manufacturer globally to receive this acclaim. This accomplishment is impressive when you consider the 27 other innovators we are now on equal standing with as a result of Clarivate’s 2020 list, many of whom have R&D programs that span decades with hundreds of resulting patents.

Clarivate is also world-renown for its annual Top 100 Global Innovators ranking, which is now in its tenth year. This list highlights science-focused global blue chips including 3M, Apple, Boeing, Corning, Dolby, Ericsson, Google, and Fujitsu, among dozens upon dozens of others. So, we at Twinery, by way of our parent company MAS Holdings, are truly honored to be in such great company. And we thank Clarivate for acknowledging our contribution to innovation and the development in South Asia, particularly the new, more robust patent portfolio that we have created.

Clarivate’s recognition is an exceptional endorsement. It shows that our peers are noticing Twinery’s strong and genuine commitment to putting innovation first in the scientific community.

Our Chairman Mahesh Amalean said it best with his comments on the win; “We’ve come a long way in our IP journey, and this is truly a proud moment for MAS… We have a great team working on various innovations, and they are the driving force behind innovative product development. This award is a tribute to our world-class pool of young professionals working hard to develop out-of-the-box solutions. I’m very proud of our team. Today, we have a portfolio of 64 patent families and 170 patent applications filed globally, with patents filed in several countries, including the USA, UK, Europe, China, Japan, and Australia. We aim to achieve much more by 2025. At MAS, we are more than just an innovation company; we are a company built to harness the power of thread; a simple component yet capable of great things. With our revolutionary breakthroughs, soon every thread will be a smart, intuitive thread.”

Twinery’s and MAS’s focus on investing in intellectual property has not only resulted in a significant positive impact on our business, as well as its bottom line. It has also helped in shaping new technology and product portfolios for our company. Allowing us to engage with new partners, such as local universities where Twinery now enjoys a hard-earned reputation as a true strategic partner interested in investing in and facilitating sustainable change. But, maybe most important of all, we have succeeded in once again elevating Sri Lanka in the eyes of the global science community. Putting us on the map in terms of IP and patent development, areas where we have historically been lacking.

This can only positively affect the IP and new technology that we create going forward while motivating and empowering all those stakeholders who have aided us on this long but vital journey so far. And further aid Sri Lanka in its quest for a new innovation centric economy.