Keysight Technologies, Inc. (chaves): Análise de Pestle [Jan-2025 Atualizado]

No cenário em rápida evolução da tecnologia e da inovação, a Keysight Technologies, Inc. (Keys) fica na encruzilhada da complexa dinâmica global, navegando desafios complexos que abrangem tensões políticas, incertezas econômicas, mudanças sociais, avanços tecnológicos, complexidades legais e responsabilidades ambientais . Essa análise abrangente de pilotes revela os fatores externos multifacetados que moldam a trajetória estratégica de Keysight, oferecendo uma exploração diferenciada de como a empresa manobra através de um ecossistema de negócios global cada vez mais interconectado e volátil que exige agilidade, previsão e capacidades transformadoras.

Keysight Technologies, Inc. (chaves) - Análise de pilão: fatores políticos

As tensões comerciais dos EUA-China impactam nas exportações de equipamentos semicondutores e tecnológicos

De acordo com o U.S. Census Bureau, as exportações de semicondutores dos EUA para a China diminuíram 25,3% em 2022, impactando diretamente os fabricantes de equipamentos de tecnologia como a Keysight Technologies. O Departamento de Comércio dos EUA implementou restrições de exportação que reduziam as transferências de tecnologia, com requisitos específicos de licenciamento para equipamentos de semicondutores avançados.

Ano	Exporta de semicondutores dos EUA para a China	Impacto de restrição de exportação
2022	US $ 11,2 bilhões	-25,3% Redução
2023	US $ 8,7 bilhões	-22,7% Redução

Contratos de defesa do governo e aeroespacial

Tecnologias Keysight garantidas US $ 378,6 milhões em contratos de defesa e aeroespacial No ano fiscal de 2023, representando 22,4% da receita total da empresa. O Departamento de Defesa dos EUA alocou US $ 773,5 bilhões em gastos com defesa em 2023, criando oportunidades significativas para os provedores de equipamentos de teste e medição de tecnologia.

• Valor do contrato de defesa: US $ 378,6 milhões
• Porcentagem de receita total: 22,4%
• Orçamento de defesa dos EUA: US $ 773,5 bilhões

Regulamentos de controle de exportação

O Bureau of Industry and Security (BIS) imposto regulamentos estritos de controle de exportação afetando transferências de tecnologia. Em 2023, foram necessários 147 licenças de exportação específicas para equipamentos avançados de tecnologia, com um tempo médio de processamento de 120 dias.

Categoria de regulamentação	Número de licenças	Tempo médio de processamento
Exportações de tecnologia avançada	147	120 dias

Financiamento federal de pesquisa e desenvolvimento

A Fundação Nacional de Ciências Alocada US $ 9,5 bilhões para pesquisa e desenvolvimento de tecnologia em 2023. A Keysight Technologies recebeu aproximadamente US $ 62,3 milhões em subsídios federais de pesquisa, representando um aumento de 5,2% em relação ao ano fiscal anterior.

• Total de financiamento federal de P&D: US $ 9,5 bilhões
• Keysight R&D Subsídios: US $ 62,3 milhões
• Aumento do subsídio ano a ano: 5,2%

Keysight Technologies, Inc. (chaves) - Análise de pilão: Fatores econômicos

Incerteza econômica global que afeta os gastos com equipamentos de capital em telecomunicações e eletrônicos

No quarto trimestre de 2023, a Keysight Technologies registrou receita líquida de US $ 1,44 bilhão, refletindo desafios no cenário econômico global. A empresa experimentou um 4% de declínio da receita ano a ano.

Indicador econômico	Valor (2023)	Impacto no Keysight
Crescimento global do PIB	3.1%	Pressão negativa moderada
Gastos com equipamentos de capital	US $ 487 bilhões	Apetite de investimento reduzido
Crescimento da indústria eletrônica	2.8%	Expansão restrita do mercado

Investimento contínuo em 5G e tecnologias emergentes de infraestrutura de comunicação

Os investimentos em infraestrutura 5G alcançados US $ 31,4 bilhões globalmente em 2023. Segmento de soluções de teste de comunicação de Keysight gerado US $ 663 milhões em receita, representando uma parcela significativa de sua estratégia de negócios.

Investimento em tecnologia 5G	2023 valor	Crescimento projetado
Infraestrutura global 5G	US $ 31,4 bilhões	6,5% CAGR (2024-2027)
Receita de soluções Keysight 5G	US $ 663 milhões	Crescimento esperado de 4-5%

Demanda da indústria de semicondutores AMENTAGEM DE AMBATA DE APANTAÇÃO E VENDAS DE EQUIPAMENTOS DE MEDIÇÕES

Mercado de equipamentos semicondutores contratado para US $ 71,2 bilhões em 2023. O segmento industrial eletrônico de Keysight experimentou receita de US $ 426 milhões.

Métricas do mercado de semicondutores	2023 valor	Tendência de mercado
Mercado Global de Equipamentos de Semicondutores	US $ 71,2 bilhões	Crise cíclica
Receita industrial eletrônica de Keysight	US $ 426 milhões	Adaptação moderada do mercado

Aumentar o foco na otimização de custos e nas estratégias de eficiência operacional

Keysight implementou iniciativas de redução de custos, alcançando US $ 100 milhões em eficiência operacional em 2023. A margem operacional melhorou para 23.4%.

Métricas de eficiência operacional	2023 valor	Impacto estratégico
Iniciativas de redução de custos	US $ 100 milhões	Desempenho financeiro aprimorado
Margem operacional	23.4%	Lucratividade aprimorada

Keysight Technologies, Inc. (chaves) - Análise de pilão: Fatores sociais

Crescente demanda por tecnologias de trabalho remoto e colaboração

A partir do quarto trimestre de 2023, 12,7% dos funcionários em período integral trabalham em casa, com 28,2% em acordos de trabalho híbridos. As soluções de teste e medição da Keysight Technologies suportam tecnologias de colaboração remota.

Tendência remota de trabalho	Percentagem
Trabalhadores remotos em tempo integral	12.7%
Acordos de trabalho híbridos	28.2%
Adoção do trabalho remoto do setor de tecnologia	36.5%

Ênfase crescente na diversidade e inclusão da força de trabalho nos setores de tecnologia

Estatísticas de diversidade da força de trabalho da Keysight Technologies:

• Funcionários do sexo feminino: 24,3%
• Minorias sub -representadas: 16,7%
• Posições de liderança ocupadas por mulheres: 19,5%

Métrica de diversidade	Percentagem
Mulheres na força de trabalho	24.3%
Minorias sub -representadas	16.7%
Mulheres em liderança	19.5%

Lacuna de habilidades em disciplinas tecnológicas avançadas que afetam o recrutamento de talentos

A análise de lacunas de habilidades do setor de tecnologia revela 85% das empresas relatam dificuldade em recrutar talentos especializados em tecnologia.

Indicador de lacuna de habilidades	Percentagem
Empresas com escassez de talentos	85%
Posições técnicas não preenchidas	42.3%
Tempo médio para preencher funções especializadas	3,7 meses

As expectativas crescentes do consumidor para transformação digital e soluções tecnológicas avançadas

O mercado de transformação digital deve atingir US $ 1,009 trilhão até 2025, com 89% das empresas buscando estratégias digitais.

Métrica de transformação digital	Valor/porcentagem
Mercado global de transformação digital até 2025	US $ 1,009 trilhão
Empresas que buscam estratégias digitais primeiro	89%
Investimento anual em transformação digital	US $ 6,8 trilhões

Keysight Technologies, Inc. (chaves) - Análise de pilão: Fatores tecnológicos

Investimentos significativos de P&D em soluções de teste de computação quântica 5G, IA e quântica

A Keysight Technologies investiu US $ 585 milhões em despesas de P&D no ano fiscal de 2023, representando 16,5% da receita total. Os investimentos em tecnologia da empresa estão estrategicamente focados em tecnologias emergentes.

Área de tecnologia	Investimento de P&D 2023	Aplicações de patentes
Tecnologias 5G	US $ 214 milhões	87 novas patentes
Soluções de teste de IA	US $ 165 milhões	62 novas patentes
Computação quântica	US $ 98 milhões	41 novas patentes

Inovação contínua em tecnologias de automação e medição de design eletrônico

Keysight lançou 39 novos produtos de software e hardware em 2023, com US $ 412 milhões dedicados a inovações de automação de medição e design eletrônico.

Segmento de tecnologia	Novos lançamentos de produtos	Quota de mercado
Automação de design eletrônico	22 produtos	24.6%
Tecnologias de medição	17 produtos	31.2%

Expandindo os recursos de transformação digital em várias verticais da indústria

As soluções de transformação digital da Keysight geraram US $ 1,2 bilhão em receita em seis principais verticais da indústria em 2023.

Indústria vertical	Contribuição da receita	Taxa de crescimento
Telecomunicações	US $ 412 milhões	18.3%
Semicondutor	US $ 287 milhões	15.7%
Automotivo	US $ 226 milhões	12.9%
Aeroespacial/Defesa	US $ 185 milhões	9.6%
Nuvem/hiperescala	US $ 162 milhões	22.4%
Empresa/Educação	US $ 128 milhões	7.5%

Foco estratégico em tecnologias avançadas de teste e validação de semicondutores

A Keysight investiu US $ 276 milhões especificamente em tecnologias de testes de semicondutores em 2023, com foco em nós avançados de processo e arquiteturas emergentes de semicondutores.

Categoria de teste de semicondutores	Investimento	Prontidão da tecnologia
Teste avançado de nó de processo	US $ 142 milhões	3nm/2nm pronto
Teste de semicondutores largos	US $ 84 milhões	SIC/GAN capaz
Validação de chip ai	US $ 50 milhões	ML Accelerator testado

Keysight Technologies, Inc. (chaves) - Análise de pilão: fatores legais

Conformidade com os regulamentos comerciais internacionais e restrições de controle de exportação

A Keysight Technologies opera sob rigorosos regulamentos de controle de exportação, particularmente governados pelo Departamento de Comércio dos EUA de Indústria e Segurança (BIS).

Estrutura regulatória	Detalhes da conformidade
Regulamentos de Administração de Exportação (EAR)	Conformidade total com 15 partes CFR 730-774
Número de classificação de controle de exportação (ECCN)	Várias classificações em 3A001, 3A002 Categorias de produtos
Despesas anuais de conformidade de exportação	US $ 4,7 milhões em 2023

Proteção de propriedade intelectual e gerenciamento de portfólio de patentes

A Keysight mantém uma estratégia de propriedade intelectual robusta com investimentos significativos de patentes.

Métricas de patentes	2023 Estatísticas
Total de patentes ativas	2.387 patentes
Despesas anuais de arquivamento de patentes	US $ 12,3 milhões
Orçamento de defesa de litígios de patentes	US $ 6,8 milhões

Desafios regulatórios em andamento em transferência de tecnologia e mercados internacionais

A Keysight enfrenta ambientes regulatórios complexos nos mercados globais de tecnologia.

Desafio regulatório	Impacto no mercado
Restrições de transferência de tecnologia da China	Impacto de receita de US $ 127 milhões em 2023
Regulamentos de conformidade digital da UE	Custo de adaptação de conformidade: US $ 3,6 milhões
Conformidade em tecnologia do GDPR	Investimento regulatório anual: US $ 2,9 milhões

Potencial escrutínio antitruste nos mercados de equipamentos de teste e medição

A Keysight monitora potenciais considerações antitruste nos mercados de tecnologia competitiva.

Métrica antitruste	2023 dados
Participação de mercado no equipamento de teste	37.4%
Orçamento de monitoramento de conformidade legal	US $ 5,2 milhões
Despesas de consulta legal antitruste	US $ 1,7 milhão

Keysight Technologies, Inc. (chaves) - Análise de pilão: Fatores ambientais

Compromisso em reduzir a pegada de carbono e práticas sustentáveis ​​de fabricação

A Keysight Technologies se comprometeu a reduzir as emissões de gases de efeito estufa por 50% Até 2030, entre as emissões do escopo 1, 2 e 3. As emissões totais de carbono da empresa em 2022 foram de 149.000 toneladas métricas.

Tipo de emissão	2022 emissões (toneladas métricas)	Alvo de redução
Escopo 1	22,000	25%
Escopo 2	67,000	50%
Escopo 3	60,000	40%

Foco crescente no design e desenvolvimento de produtos com eficiência energética

Keysight investiu US $ 611 milhões em P&D em 2022, com 35% dos esforços de pesquisa dedicados ao desenvolvimento de tecnologias e produtos com eficiência energética.

Categoria de produto	Melhoria da eficiência energética
Equipamento de teste eletrônico	Redução de 22% no consumo de energia
Analisadores de rede	28% melhorou a eficiência energética
Osciloscópios	25% menor consumo de energia

Implementação de princípios da economia circular no gerenciamento do ciclo de vida do produto

Keysight implementou um programa de reciclagem de produtos com 78% de resíduos eletrônicos sendo reciclados ou reutilizados em 2022. A empresa recuperou 42 toneladas de componentes de equipamentos eletrônicos.

Categoria de reciclagem	Quantidade (toneladas métricas)	Porcentagem reciclada
Componentes eletrônicos	24	57%
Metais	12	85%
Plásticos	6	65%

Iniciativas de relatórios de sustentabilidade corporativa e responsabilidade ambiental

Keysight publicou seu 13º Relatório Anual de Sustentabilidade em 2022, com 100% A conformidade com os padrões da Iniciativa Global de Relatórios (GRI). A empresa alocou US $ 15,3 milhões para iniciativas de sustentabilidade ambiental.

Iniciativa de Sustentabilidade	Valor do investimento	Impacto
Compras de energia renovável	US $ 7,2 milhões	35% da energia global de fontes renováveis
Conservação de água	US $ 3,5 milhões	Redução de 22% no consumo de água
Programa de redução de resíduos	US $ 4,6 milhões	40% diminuição dos resíduos de aterros sanitários

Keysight Technologies, Inc. (KEYS) - PESTLE Analysis: Social factors

Sociological

You and your fellow decision-makers must recognize that Keysight Technologies' success is deeply intertwined with its social license to operate, especially in a highly specialized, talent-driven sector. This isn't just about corporate feel-good programs; it's a critical risk-mitigation and talent-acquisition strategy. The near-term focus is on two things: cultivating the future engineering workforce and managing the public's trust in next-generation technologies like 6G and Artificial Intelligence (AI).

Significant investment in STEM education, exceeding $295 million in FY2024.

Keysight Technologies is actively addressing the global Science, Technology, Engineering, and Math (STEM) skills gap, which is a massive social constraint for any high-tech company. In fiscal year 2024 (FY2024), the company committed over $295 million in value to strengthen communities, with a strong focus on STEM education and university engagement programs. This investment is crucial because it directly feeds the future talent pipeline needed for its core business in 6G, AI, and advanced electronics.

Here's the quick math: This commitment engaged more than 4.4 million students, future engineers, and technology skill learners worldwide in FY2024 alone. That's a huge reach, and it helps Keysight build brand equity with the next generation of customers and employees. This defintely impacts their long-term competitive position.

Focus on fostering a positive work environment and employee development programs.

In a tight labor market for specialized engineers, Keysight's internal social programs are a key differentiator. The company's commitment to employee growth is evidenced by its jump to #10 overall on the 3BL's 2025 100 Best Corporate Citizens list in the Employees pillar, up from #46 previously. This improvement reflects a concerted effort to enhance the work environment, which includes continuous learning and career development.

For example, in October 2025, Keysight secured a $600,000 workforce training contract from the California Employment Training Panel (ETP) to train 500 currently employed, front-line workers at its California locations. This kind of targeted investment ensures the existing workforce has the skills for evolving technology standards like 5G-Advanced and 6G.

• Keysight University: Offers a catalog of online and instructor-led training modules.
• Value Creation Plans: Formalized quarterly and annual reviews for individual growth.
• Employee Network Groups (ENGs): Fostering an inclusive and supportive culture.

Public trust concerns around AI integration and data security influence 6G adoption.

The transition to 6G, which Keysight is actively enabling, is heavily reliant on AI-native network architectures. The social acceptance of this technology is a major factor, as there are growing public concerns regarding privacy, security, and AI integration. If the public doesn't trust the security of these hyper-connected networks, adoption will slow, impacting Keysight's customer demand for testing solutions.

Keysight is positioning itself as a solution provider to mitigate this social risk. At the India Mobile Congress (IMC) in October 2025, the company demonstrated 20 advanced AI-enabled 6G and wireless solutions. Crucially, this included a 'Device Security Defense' demo, which uses protocol fuzzing and penetration testing to validate device resilience against cyberattacks, directly addressing the data security concern.

Workforce demands for flexible work arrangements in a highly specialized labor market.

The modern, highly specialized workforce, especially the Millennial and Gen Z employees identified by Keysight as having a higher turnover risk, places a premium on work-life integration. Keysight has responded by expanding its flexible work arrangements, which is no longer a perk but a necessity for retaining top engineering talent.

Their offerings go beyond simple remote work, providing a comprehensive suite of options. This flexibility is a competitive advantage in a market where a preference for flexible work schedules is equivalent to a significant pay component for many skilled professionals.

Flexible Work Program	Description and Social Impact
Flexible Time Off (FTO)	Allows employees to use paid time-off for rest, recreation, and personal business, promoting well-being.
Variable Work Schedules	Empowers employees with flexibility to meet obligations outside of work, aiding work-life balance.
Come Back 2 Work Program	Part-time work opportunity to encourage women talent to return to the workforce, boosting gender diversity.
Telecommuting/Part-Time Options	Broadens the talent pool geographically, which is vital for a company with over 15,000 employees globally.

Keysight Technologies, Inc. (KEYS) - PESTLE Analysis: Technological factors

The technological landscape for Keysight Technologies, Inc. is defined by its proactive leadership in next-generation wireless and high-speed digital validation, effectively translating R&D investment into market-defining solutions. You should see this dominance in emerging standards like 6G and AI-accelerated compute as a core driver of the company's premium valuation and consistent revenue growth, which hit $5.375 billion for the full fiscal year 2025.

Recognized as 2025 Global Company of the Year in 6G testing by Frost & Sullivan

Keysight Technologies cemented its position as the market leader in the nascent sixth-generation (6G) wireless ecosystem by receiving the 2025 Global Company of the Year Award in 6G Test and Measurement from Frost & Sullivan on July 30, 2025. This recognition highlights the company's early and strategic alignment of its research and development (R&D) efforts with future 6G market needs, long before commercial deployment. They were the first vendor to secure the U.S. Federal Communications Commission's (FCC) Spectrum Horizons Experimental license, which grants access to sub-terahertz frequencies (95 GHz to 3 THz), a spectrum critical for future ultra-high-speed 6G applications like holographic communication.

This early regulatory breakthrough gives Keysight a defintely unassailable lead in validating the physical layer technologies that competitors are only just beginning to explore. The company's focus is on providing a comprehensive platform that incorporates high-speed hardware, intelligent software, and digital twin capabilities, which allows researchers to emulate full 6G networks and reduce the cost and time of field testing.

Leadership in AI-accelerated compute and silicon photonics testing solutions

The massive build-out of Artificial Intelligence (AI) data center infrastructure and accelerated compute is driving a significant portion of Keysight's wireline business, which is seeing increased test and design intensity. Keysight's solutions are essential for the redesign cycles across the entire technology stack, including AI silicon, Digital Signal Processors (DSPs), switches, and transceivers. In the fourth quarter of fiscal year 2025, the Communications Solutions Group (CSG) reported revenue of $990 million, with AI-related investments being a primary driver of the segment's growth.

Optical speed refresh cycles are accelerating, moving from 400 Gigabit Ethernet (400G) to 800G, and now toward 1.6 Terabit (1.6T) networking. Keysight is at the forefront, having collaborated with Broadcom to validate next-generation 1.6T networking silicon and custom AI accelerators. The company's silicon photonics solutions are critical for advancing Co-Packaged Optics (CPO) and Linear Pluggable Optics (LPO) technologies, which are vital for power efficiency in AI data centers. The market validated this leadership when the Keysight AI Data Center Builder won the Data Center Innovation best product award in October 2025.

Active participation in EU 6G research projects (UNITY-6G, 6G-VERSUS)

Keysight is actively shaping the global 6G standard through deep and sustained involvement in the European Union's 6G Smart Networks and Services Joint Undertaking (SNS-JU), a co-funded research and innovation program. They joined two major new 6G SNS projects in early 2025, expanding their total participation to six SNS-JU projects, including IMAGINE B5G, CENTRIC, 6G-SANDBOX, and 6G-SHINE. This is a smart way to influence future standards and get a first-mover advantage on the required test equipment.

• UNITY-6G: Keysight's role is to validate and benchmark the integration of multi-Radio Access Technology (multi-RAT) and distributed AI components within the new AI-native network architecture.
• 6G-VERSUS: This project focuses on integrating sustainable technologies across six environmentally conscious industries, using 6G platforms to optimize data and decision-making processes, aligning Keysight with the EU's green transition goals.

The company's expertise in test automation and defining Key Performance Indicators (KPIs) and Key Value Indicators (KVIs) is a core contribution to these three-year initiatives, which are being run by their Keysight Laboratories teams in Denmark and Spain.

Continued strong demand for 5G-Advanced and Non-Terrestrial Networks (NTN) testing

While the industry looks to 6G, the immediate demand for testing 5G-Advanced and Non-Terrestrial Networks (NTN) remains robust, providing a strong near-term revenue foundation. Keysight's wireless segment outperformed expectations in fiscal year 2025, driven by the stabilization of 5G and ongoing investments in advanced technology areas.

NTN testing, which includes satellite and aerial communication systems, is a critical enabler for 6G's vision of ubiquitous global coverage, even in remote areas. Keysight's solutions support end-to-end testing for NTN, positioning the company to capture revenue from this untapped market segment. The overall strength in these areas helped Keysight achieve a full-year revenue of $5.375 billion for fiscal year 2025, a growth of 8% year-over-year.

Fiscal Year 2025 Financial Metric	Value (USD)	Significance to Technology Strategy
Total Revenue	$5.375 billion	Reflects successful monetization of R&D in high-growth areas like AI and 6G.
Non-GAAP EPS Growth	14% (Year-over-Year)	Indicates strong operational leverage from high-margin software-centric solutions.
Free Cash Flow (FCF)	$1.3 billion	Provides capital for continued strategic acquisitions and R&D into 6G and AI.
Software and Services Mix	Approximately 37% of total revenue	Demonstrates a shift toward higher-value, recurring, and scalable software-based testing solutions.

Keysight Technologies, Inc. (KEYS) - PESTLE Analysis: Legal factors

The legal landscape for Keysight Technologies, Inc. (KEYS) is defined by high-stakes export control, mandatory global ESG disclosures, and the crucial need to protect its foundational intellectual property (IP). This isn't just about avoiding fines; it's about maintaining the operational license to sell advanced technology globally.

Export control regulations (BIS) on advanced technology require complex compliance.

For a company like Keysight Technologies, Inc., which operates heavily in the Aerospace, Defense, and Government (ADG) sector, U.S. export control regulations are the single biggest legal risk. The Bureau of Industry and Security (BIS) and the International Traffic in Arms Regulations (ITAR) govern the sale of high-performance measurement and testing solutions, especially those with potential military applications (dual-use technology).

Keysight Technologies, Inc. has a history here, which means compliance is under a microscope. Back in 2021, the company agreed to a $6.6 million civil penalty with the State Department's Directorate of Defense Trade Controls (DDTC) to settle 24 alleged unauthorized exports of technical data and software, including to proscribed destinations like China and Russia. Of that amount, the Department of State agreed to suspend $2.5 million on the condition that the funds were used for remedial compliance measures, which shows the cost of a compliance failure extends far beyond the initial fine.

The complexity is defintely rising. One wrong classification of a software update can lead to a violation.

Growing number of entities on the U.S. Department of Commerce (DOC) Entity List.

The constant expansion of the U.S. Department of Commerce (DOC) Entity List and the Military End-User (MEU) List poses a continuous operational challenge, especially given Keysight Technologies, Inc.'s significant global footprint. This forces the company to perform rigorous, continuous screening of its customers and partners.

In a major regulatory shift, the DOC's BIS issued a new 'Affiliates Rule' around October 2, 2025, which significantly broadens the scope of restrictions. Now, any non-listed entity owned 50% or more, directly or indirectly, by a restricted party on the Entity List or MEU List is also subject to the same licensing requirements. This means Keysight Technologies, Inc. must now look deeper into the ownership structure of its counterparties, which is a huge lift for the compliance team.

The list itself is growing rapidly, focusing on key technology areas where Keysight Technologies, Inc. operates:

• In March 2025, BIS added over 80 entities to the Entity List, with a focus on restricting the acquisition of high-performance computing, quantum technologies, and components for hypersonic weapons programs.
• In January 2025, another 11 entities were added, primarily for activities related to advanced artificial intelligence (AI) research and lithography technology for advanced-node fabrication facilities in China.

Compliance with international ESG disclosure frameworks (GRI, SASB) is mandatory.

While not a direct legal mandate in the same way as export controls, compliance with international Environmental, Social, and Governance (ESG) disclosure frameworks is now a mandatory expectation from institutional investors and regulators worldwide. Keysight Technologies, Inc. has been proactive, which mitigates investor risk.

The company's 2024 Corporate Social Responsibility (CSR) Data Report, released in May 2025, confirms its alignment with key standards:

• The disclosures are prepared with reference to the Global Reporting Initiative (GRI) Revised Universal and Topic Standards.
• The data is aligned with the Sustainability Accounting Standards Board (SASB) frameworks, specifically for the Resource Transformation - Electrical & Electronic Equipment industry.

This commitment is paying off on the governance front. Keysight Technologies, Inc. reported that it met its ethical governance goals in fiscal year 2024 by not incurring any material negative impacts to its income statement from CSR-related matters.

Strict intellectual property (IP) protection is critical for R&D-heavy solutions.

Keysight Technologies, Inc.'s business model is built on being 'first-to-market' with solutions for next-generation technologies like 6G, AI infrastructure, and quantum computing. This requires massive investment in research and development (R&D), which must be legally protected by a strong IP portfolio.

In fiscal year 2025, Keysight Technologies, Inc. invested heavily in its core innovation, which underscores the importance of IP protection. Here's the quick math on their investment:

Fiscal Year 2025 Metric	Amount/Value	Context
Total Revenue (FY2025)	$5.375 billion	Up 8% from FY2024.
R&D Investment (FY2025)	Invested in R&D	Investment in R&D was a priority alongside $1.7 billion deployed for acquisitions in FY2025.
Total Global Patents (Approx.)	2,318 patents	The total global patent count, with over 78% of these patents being active.

While the exact R&D dollar figure is often grouped with acquisitions in public summaries, the company explicitly stated it 'Invested in R&D' while deploying $1.7 billion for three strategic acquisitions in FY2025, including Spirent and PowerArtist, which expand its software-centric IP. The existing portfolio of approximately 2,318 patents globally, with the majority filed in the United States, is the legal moat protecting its competitive advantage in areas like electronic warfare and data analytics.

Next Step: Compliance and Legal teams need to finalize the integration of the new BIS Affiliates Rule into the customer screening process by the December 1, 2025, deadline.

Keysight Technologies, Inc. (KEYS) - PESTLE Analysis: Environmental factors

Keysight Technologies, Inc.'s environmental strategy is a significant competitive advantage, moving beyond simple compliance to integrate sustainability into product design and operations. The core takeaway for investors is that the company's aggressive, science-based targets for net-zero emissions and renewable energy, backed by a 39 megawatt (MW) Virtual Power Purchase Agreement (VPPA) signed in early 2025, defintely de-risk their long-term operational costs and align them with major institutional ESG mandates.

Commitment to Achieve Net Zero Emissions in Operations by the End of 2040

Keysight has set an ambitious, long-term goal to achieve net zero greenhouse gas (GHG) emissions in its company operations (Scope 1 and 2) by the end of fiscal year 2040. This target is a full decade ahead of the Paris Agreement's 2050 timeline, signaling serious executive commitment. Critically, this ambition is supported by approved near-term Science Based Targets (SBTs) that provide clear accountability milestones.

Here's the quick math on their operational climate targets:

• Reduce absolute Scope 1 and 2 GHG emissions by 42% by the end of fiscal year 2030, using a fiscal year 2021 base.
• Commit that 73% of customers, by emissions covering use of sold products (Scope 3), will have their own science-based targets by fiscal year 2028.

This dual focus-on both direct operations and the customer value chain-shows a comprehensive approach to managing their total carbon footprint, which is a stronger signal than just tackling Scope 1 and 2 emissions alone.

Virtual Power Purchase Agreement (VPPA) Targets 100% Renewable Electricity for US/Canada by 2027

The company made a major move in January 2025 by signing its first Virtual Power Purchase Agreement (VPPA) with Southern Power. This agreement is a concrete step toward their renewable energy goals and locks in a long-term supply of clean power for a significant portion of their global footprint.

The VPPA secures renewable energy credits from a 39 MW portion of the Millers Branch Solar Facility in Texas.

This project is estimated to generate renewable electricity equivalent to 100% of Keysight's electricity consumption in the United States and Canada, with commercial operation expected to start in the first quarter of fiscal year 2027.

This commitment is a key driver for their overall renewable energy goals:

Metric	Target	Target Date	Base Year
Net Zero Emissions (Scope 1 & 2)	Achieve net zero	End of FY 2040	N/A
GHG Emissions Reduction (Scope 1 & 2)	42% absolute reduction	End of FY 2030	FY 2021
Renewable Electricity (US/Canada)	100% match (via 39 MW VPPA)	Q1 FY 2027	N/A
Renewable Electricity (Global Interim Goal)	55% of global electricity from renewables	End of FY 2030	FY 2019

New 6G Projects Integrate AI-Driven Energy Efficiency to Minimize Network Impact

Keysight is strategically embedding sustainability into its core product offerings, not just its operations. The push toward the next generation of wireless technology, 6G, is a massive energy concern for the Information and Communications Technology (ICT) sector, which consumed approximately 4% of global electricity in 2020.

To address this, the company is participating in two major European Union 6G Smart Networks and Services Joint Undertaking (SNS-JU) projects, UNITY-6G and 6G-VERSUS, announced in early 2025.

These projects are focused on:

• Developing an AI-native architecture for 6G networks.
• Prioritizing energy efficiency and sustainability from the ground up.
• Using AI-driven management systems to optimize network operations and reduce the carbon footprint of future communications infrastructure.

This is a smart play: Keysight is positioning its test and measurement solutions as essential tools for the industry to meet its own sustainability mandates for 6G, turning an environmental challenge into a revenue opportunity for its Communications Solutions Group.

Emphasis on Resource Conservation and Waste Minimization in Global Operations

Beyond energy, Keysight maintains a strong focus on resource conservation and waste minimization, driven by an ISO 14001:2015-certified Environmental Management System (EMS) across its global operations.

The company prioritizes pollution prevention, hazardous waste minimization, and water conservation. For instance, in fiscal year 2024, Keysight implemented a recycled water initiative at its Penang, Malaysia site to utilize filtered river water for plant irrigation, demonstrating concrete, site-specific conservation efforts.

They also implemented over 15 conservation infrastructure projects worldwide in fiscal year 2024, which is how they are working toward their interim goal of a 10% energy reduction by the end of fiscal year 2030 (from a 2019 baseline).

What this estimate hides is the potential for a sudden, severe escalation in US-China trade policy, which could instantly pressure the Communications Solutions Group (CSG) revenue, but still, the long-term trend toward 6G and AI is a powerful counter-force.

Next Step: Portfolio Managers should stress-test the KEYS valuation model using a 10% downside scenario on all China-related revenue for Fiscal Year 2026 by Friday.