2019 introduced numerous innovations from biodegradable plastics to energy storage, which is in a way related to the industry of smart meters as well. Even though this is not exactly your expertise, what would you place your bets on?
Innovation is key in our business. We went through a lot of change processes in the last 20 years, from electromechanical through digital and now to smart meters. There is a new upcoming wave, the new IoT space, for which we all as an industry have to be prepared for. Innovation also means flexibility and agility, which is a key success factor for all the companies, whether it is in the smart metering sector or the energy sector. We need to face that and embrace innovation because this is the base for the future. That applies to the development of new solutions and the development of services to our costumers, but it also applies to new manufacturing concepts. We are investing heavily in our new facilities and getting our manufacturing process and footprint onto the next level, to industry 2.0, getting connectivity in our facilities and creating a more transparent supply chain. That will also help us to be much faster and stronger, more reliable and with a higher quality of products. But that is again applied all through the innovation path that we have to go through. And that is important for the sustainable growth that we are expecting as a company, and then to be able to provide the right service, the right products and the right solutions for our costumers.
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