The first Annual Report of the Industrial Mathematics KTN, "A fresh outlook on innovation" was launched at Innovate 2006 in November.

The Industrial Mathematics Knowledge Transfer Network is boosting dramatically the innovation performance of UK businesses through the wider use of mathematics.

Mathematical modelling, simulation and analysis are indispensable tools for accelerating business innovation. They bring fresh approaches to problems in design, product and service development, operations and strategy. Their power is enhanced by the unparalleled versatility of mathematical thinking. This allows us to address challenges across all business sectors and across all aspects of company activity. Our breadth of coverage unlocks a further competitive advantage for our industrial partners, through the ability to transfer and adapt techniques that underpin similar problems in other areas of application. We put an emphasis on bringing fresh thinking to difficult problems and delivering results in ways that can rapidly be embedded in a corporate environment.

To read evidence of the impact of mathematics in business please view the online version of the Annual Report or request a hard copy from Gillian Hoyle.