For the 23rd time the TOP 100, the most innovative companies in the German SME sector, are awarded. The MSF Vathauer Antriebstechnik GmbH & Co. KG is one of this year innovation elite. The Detmold Company previously took part in a sophisticated, scientific selection process. Examined were the innovation management and the innovation success. As patron of the Innovation competition, Ranga Yogeshwar honors the top innovator within the German SME Summit on 24 June in Essen.
MSF Vathauer Antriebstechnik GmbH & Co. KG is a technology leader for decentralized drive automation. The Detmold family run business is now a major player on the way to a digitized economy, referred to as "Industry 4.0".
At the Innovation Competition Top 100 the 1978 founded company, particularly impressed with its innovation processes and the way its employees, customers and external research institutions are involved in the development of solutions.
New ideas from within the company or from partners’ let’s the top innovator first evaluate in all business areas. Gives the company management the go ahead for a development, than the developers work closely together with the national and international sales distribution to coordinate, for which markets the new solution could be interesting and how it may need to be customized for specific markets.
By means of accompanying market analyzes the managers examine further which additional application areas could be represented.
Here also come modern and scientifically proven market analysis tools for use", says the managing director Marc Vathauer.
The success of this approach is reflected in the business development: 60 percent of its sales achieve the East Westphalia with market innovations and innovative improvements which they have brought to the market ahead of their competitors. Their most recent innovation includes a system for recovering energy: The Energy –Recovery - System (ERS) is designed to reduce the overall energy consumption in production. The also on the market present decentralized drive system "Field Drive System®" is used as a modular power bus system with conveyor and logistics systems in intralogistics, in airport logistics, mechanical engineering and the automotive sector. In addition, MSF Vathauer Antriebstechnik offers customer-specific and industry-specific solutions, which are not to buy "off the shelf".
More than 4,000 companies were interested this year to participate in TOP 100. 366 of them competed for the qualifying round. Of this, 284 came into the final round. 238 finally made it into the TOP 100 (maximum of 100 in each of the three size categories). The companies were assessed again by Prof. Dr. Nikolaus Franke and his team from the Institute for Entrepreneurship and Innovation Vienna University of Economics. They questioned more than 100 parameters in five categories from "Innovation-friendly Senior Management", "Climate of Innovation", "Innovative Processes and Organization", "Innovations Marketing / extroversion" and "Successful Innovations".