Continuous profitable growth as S&T Group continues its IoT mission



RealWire
2021-04-13

The main expertise and IoT supplier in Europe helps clients on their digital transformation journeys

Austria, April 13, 2021 – The S&T Group continues to quickly construct its market place as a expertise chief with industry main applied sciences and a development technique targeted on clever Web of Issues (IoT) options. The corporate has bold monetary targets, together with goal gross sales of at the very least EUR 1.40 billion by 2021 and gross sales of EUR 2 billion with EBITDA of EUR 220 million by 2023.

The 2020 figures present that S&T is headed in the suitable route for development because it achieved 12% gross sales development of greater than EUR 1.25 million, together with natural development of 50% in 2020. The corporate additionally achieved an EBITDA improve of 16% to EUR 130 million for the earlier monetary yr, because the transformation to an IoT specialist continues and the expertise varieties the premise for its place within the steadily rising industrial IoT (IIoT) sector.

For the reason that merger in 2017 with the subsidiary and supplier of commercial pc expertise Kontron, the S & T Group has branched out into the marketplace for modern IoT and Business four.zero options. The portfolio of proprietary applied sciences was additional strengthened by the S & T Group’s personal analysis and improvement initiatives and systematic acquisitions, together with AIS Automation GmbH, now Kontron AIS GmbH, to develop the vary of software program within the discipline of commercial automation, and the Iskratel Group, to develop the vary of 5G experience.

“Because the IIoT market continues to develop exponentially, as increasingly machines are linked to the Web, each international participant has a singular outlook on the right way to optimally advance digitization,” mentioned Hannes Niederhauser, CEO of the S&T Group. “S & T’s product vary consists of tailored hardware and software-based options which have been developed for the area of interest markets during which we function, e.g. B. industrial automation, medical expertise, clever power and public transport, and that are tailored to the particular buyer necessities. “

The corporate’s focus was on development within the IoT phase, pushed by the Group’s expertise with embedded methods / and IoT software program options. S&T will proceed to develop the share of software program in its vertical finish markets and develop a spread of IoTaaS (IoT as a Service) packages to mark the transformation right into a pure IoT participant. With greater than 30 years of engineering expertise and a willpower to leverage expertise, S&T is good for purchasers trying to keep aggressive and take full benefit of digitization.

Mr. Niederhauser continues: “Because of the pandemic, 2020 was a take a look at yr for the worldwide economic system. Regardless of the troublesome circumstances, the S&T Group continued to make outstanding strides and has the industry-leading experience and applied sciences to assist firms obtain their industrial transformation and digitization targets. Our development targets stay bold as we goal to attain gross sales of EUR 2 billion by 2023 and proceed to provide our goal markets with good applied sciences, with the demand for industrial and medical options rising notably strongly. We additionally know the significance of increasing and adapting our portfolio in keeping with the fast-paced IIoT sector to make sure that we will supply essentially the most dependable options. “

S & T is a one-stop supplier of companies that ranges from product improvement and manufacture to implementation and operation. S & T’s vary of options spans all kinds of vertical markets, together with industrial automation, medical expertise, aviation, public transportation, power, retail, telecommunications and different IoT software program frameworks SUSiEtec.

Manufacturing websites throughout Europe require a excessive stage of automation and the newest applied sciences with a purpose to work as optimally as doable. S&T is ideally positioned to securely join specialised modern machines comparable to robots and automobiles to the Web after which to develop their total effectivity. With new functions and requirements that drive the expansion of digitization and simplify communication between people and machines, S&T may help clients obtain success within the industrial IoT sector.

Sustainability and variety are nonetheless priorities for S & T. The headquarters makes use of 100% renewable energies and the outdated automobile fleet is being changed by electrical automobiles. Variety throughout the group and its companies can be making progress. Claudia Badstöber was the primary girl to be appointed to the Supervisory Board.

Yow will discover extra details about the S & T Group at: www.snt.ag.

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Concerning the S&T Group
S & T AG (www.snt.ag, ISIN AT0000A0E9W5, WKN A0X9EJ, SANT) is a number one expertise group that employs greater than 6,000 folks with subsidiaries in additional than 30 international locations worldwide. The corporate is listed on the TecDAX® and SDAX® of the German inventory change and is among the main suppliers of IoT applied sciences (Web of Issues). In these areas, S & T concentrates on the event of safe and networked options with a mixed portfolio of hardware, middleware and companies. With its personal applied sciences within the areas of good factories, railway communication methods, medical expertise, communication options and good power, in addition to a broad portfolio of IT companies, S&T can assist clients on their digital transformation journeys in a wide range of industries.

PR contact the S&T Group
[email protected]

Nika Mohar, MBA
Head of Company Advertising
+386 (zero) 51 246 759

Alexandra Kentros, MBA
Head of company communications
+49 (zero) 151 151 93881

Supply: RealWire



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