19.05.2015
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DGAP-News: Kontron to add software and services to hardware range
DGAP-News: Kontron AG / Key word(s): Miscellaneous
Kontron to add software and services to hardware range
19.05.2015 / 16:20
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* Management lays out plans to capture IoT megatrend at its capital markets
day
* New strategy will combine existing hardware with new middleware offering
* Customers to be offered integrated product and services packages
Augsburg, 19 May 2015 - Kontron AG, a leading global provider of Embedded
Computing Technology (ECT), today held a capital markets event at its new
Technology Campus in Augsburg. CEO Rolf Schwirz, CFO Michael Boy and CTO
Jens Wiegand presented the company's new strategy and future roadmap to
capture the enormous growth potential of the Internet-of-Things megatrend.
The global move to connect today's stand-alone devices via the internet
will offer very attractive growth and profitability potential to well
positioned technology providers such as Kontron AG. Harbor Research, an
internationally recognized research, technology and business development
consulting firm, estimates that the embedded middleware software market
alone will grow by about 30% annually and offer a revenue potential of more
than $20bn by 2017, in addition to the nearly $10bn/year ECT market Kontron
is already active in.
"While we continue to have to work hard to complete our remaining internal
cost reduction and efficiency initiatives, we have now implemented more
than 80% of them", says Rolf Schwirz. "This has given us enough strategic
freedom to develop a precise roadmap for the coming years. The middleware
software space we are now moving into holds great revenue potential and
attractive margins. We are ready to take this important strategic step
forward."
To the extent that devices are interconnected, data transmission speed,
data security and data analytics become critical performance requirements
hardware and software solutions have to meet. As one of only two global
full-line suppliers in the ECT space and a provider of high-quality
products that guarantee reliability, safety, resilience and longevity,
Kontron is positioned right at the center of this global megatrend. Its
move into the software space will strengthen this strategic position
further.
Please find further materials on the capital markets day in the Investor
Relations section of Kontron's newly designed corporate website
www.kontron.com.
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About Kontron
Kontron is a global leader in embedded computing technology. With its
employees in research and development, Kontron creates many of the
standards that drive the world's embedded computing platforms. Kontron's
product longevity, local engineering and support, and value-added services,
help create a sustainable and viable embedded solution for OEMs and system
integrators. Kontron works closely with its customers on their embedded
application-ready platforms and custom solutions, enabling them to focus on
their core competencies. The result is an accelerated time-to-market,
reduced total-cost-of-ownership and an improved overall application with
leading-edge, highly-reliable embedded technology.
Kontron is a listed company. Its shares are traded in the Prime Standard
segment of the Frankfurt Stock Exchange and on other exchanges under the
symbol "KBC".
For more information, please visit: http://www.kontron.com/
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For further information, please contact
Alexandra Habekost
Kontron AG
Tel: +49 821 4086 114
[email protected]
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19.05.2015 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: Kontron AG
Lise-Meitner-Straße 3-5
86156 Augsburg
Germany
Phone: 0821 - 4086 114
Fax: 0821 - 4086 122
E-mail: [email protected]
Internet: www.kontron.com
ISIN: DE0006053952
WKN: 605395
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart
End of News DGAP News-Service
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