Kontron to add software and services to hardware range

  • 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.

 

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 

Alexandra.Habekost@kontron.com

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