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Prestigious award for Beijer Electronics
Beijer Electronics receives the “European Human Machine Interface Competitive Strategy Leadership of the Year” Award.
Recognizing expertise
The award,
for significant gains in market share via excellent market strategy, was
presented by global growth company Frost
& Sullivan, whose significant experience in recognizing innovative
strategies prompted praise for Beijer Electronics’ HMI division.
Acknowledgement
Frost & Sullivan Research Associate Shibaprya Saha explained
that Beijer Electronics is a global force on the HMI market, stating “Beijer
Electronics Group offers a complete range of high quality, user-friendly HMI
products and services for industrial automation, combining products from world
leading suppliers with its own hardware and software” adding “the product range
extends from individual products to complete automation solutions for the
control of machines and processes”.
Motivation
“Key mergers and acquisitions and alliances
have yielded significant benefits to the company such as increased penetration
into new markets and gains in market share” clarified Saha “these include the
acquisition of Elektronik-Systeme Lauer which enabled strategic penetration
into the German market, the opening of a subsidiary in China to facilitate
expansion into the Asian market as well as a landmark deal with Mitsubishi
Electric and the acquisition of Taiwan-based Hitech Electronics”. Beijer
Electronics’ HMI business division registered record growth since 2005, with
sales increasing forcefully by 33% to nearly EUR 41.8 million in 2006.
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