Describe a key growth driver for ARM (maximum 200 words)
ARM Key Success Drivers
ARM is a leading the largest supplier of semiconductor IntellectualProperty across the world. High demand of semiconductor makes thecompany more valuable. Semiconductorsare currently at high demand because they are used in variouselectronic devices. Consequently, the use of electronic devices is inthe rise. The digital devices cannot work without the semiconductor.This is the reason that makes the ARM Holdings alive (A vision for asmarter world An ARM case study, n.d).
Innovative business model is one of the key drivers to ARM holdings.ARM manufactures its products using its own invented technology(Drejer, 2006). It does not work on the policy of using otherexisting technologies. The company’s innovative products are uniqueand efficient as compared to their competitors. Besides, then createdtechnology is accessible to its partners. These partners always adoptthe new technology hence improving the existing one. The developedtechnology, therefore, increases the revenue that the companyacquires from the royalties (Drejer, 2006).
Another key driver is the increased value due to the effectivenessof the products among the consumers. ARM products are highly reliableand trusted among consumers. This has given ARM semiconductors acompetitive edge in the market (Martinet, 2010 p. 1487).