"based on industry" is a grammatically correct phrase and can be used in written English.
Example: The company's marketing strategy is based on industry trends and consumer behavior.
The exposure assessment used a benzene JEM that was composed of two separate JEMs, one based on occupation and one based on industry.
Market-based valuation methods are usually based on industry benchmarks.
The segment's products include cultures, emulsifiers, gums, natural sweeteners and soy-based food ingredients, hold leading market positions based on industry leading innovation, relevant product portfolio and close-partnering with the world's food manufacturers.
He said the recalls were "concerning," but mostly based on industry self-regulation, not patient problems.
"Deciding which forms of debt are 'bad' and need stronger regulation should not be based on industry definitions.
In recent years, Sun has steadily lost market share to Dell and I.B.M., as customers deserted Sun's higher-performing servers for products based on industry standards.
Design of these systems is typically based on industry-oriented guidelines and operator-based experience.
Next month, I.B.M. plans to unveil far less costly server systems based on industry-standard microprocessors made by Intel.
The requirement for a cloud-inspired scale-out storage system based on industry-standard hardware and open source software is therefore relevant for every organisation.
The project, they said, is an effort to make sure that the technology for identifying the customers for a coming generation of Internet services is open and based on industry-standard technology.
