Headquartered in California’s Silicon Valley with a subsidiary in Bangalore, India, Ricoh Innovations Corporation (“RIC”) develops innovative technologies and creates new businesses for Ricoh Company, Ltd. Founded as Ricoh Innovations, Inc. in 1997, by renowned researcher and visionary Dr. Peter Hart, as a subsidiary of Ricoh and expanded to Ricoh Innovations Corporation in 2013, RIC is home to world-class technologists, accomplished ethnographers and designers, and an experienced business team.
RIPL (Ricoh Innovations Private Limited), Ricoh Innovations' subsidiary in Bangalore, India, was established in 2012 to extend the operation of Ricoh Innovations and address opportunities in India and similar emerging countries.
Ricoh Innovations Corporation addresses the large opportunities and challenges presented by The Infinite Network – RIC’s vision of the future in which all things and all people are connected all the time. Through the seamless integration of technology, user experience and business expertise, RIC generates Deep Innovation leading to the creation of new businesses that provide value to Ricoh’s customers. Internal innovation is complemented with Open Innovation: working in partnership with a broad range of leading universities and forward-thinking companies around the world.
Ricoh Innovations' parent company, Ricoh Company, Ltd., is a 75-year-old leading provider of advanced office technology and innovative document imaging products, services and software. In the financial year ending March 2013, Ricoh Group had worldwide sales of 1,924 billion yen (approx. 20 billion USD). With more than 100,000 employees worldwide, Ricoh is also one of the world’s leading environmentalist companies, committed to sustainable business everywhere.