Operating environment
Renewal of existing operating models or creating new
Digitalization changes our operating environment and the entire engineering industry. Improving competitiveness often means the renewal of our customers’ existing operating models. Our customers develop their operations by focusing on their core business, customer cooperation and harmonizing their operating practices. They seek ways to outsource non-core business functions while reducing the number of partners they work with and engaging in closer cooperation with their selected partners.
Our service offering and the know-how of our personnel support the renewal of the customer’s business.
Digitalization is transforming manufacturing processes
Digitalization is the most significant factor that is transforming our business environment and the engineering industry while providing opportunities for growth and development for players like Etteplan.
Digitalization is expected to revolutionize production processes and products in the manufacturing industries. Intelligent and connected production processes increase efficiency and enable new business and revenue models for traditional industrial companies. In practice, this is a new area of engineering that combines in-depth equipment know-how and technology expertise. The courage to invest and take advantage of the opportunities of IoT varies by industry.
New paths in service-based business
Machinery and equipment manufacturers may find new paths to growth in service-based business by analyzing and leveraging data accumulated from machinery and equipment. Digitalization can, for example, lead to a better understanding of how machines are used, increase their capacity and change their technical attributes.
The availability of top experts is affecting industry development
According to various sources, Germany will have a shortage of 250,000 engineers in 2020. There is also extremely intense competition for highly competent experts in engineering and digi-talization in many other countries.
The availability of competent professionals is an important factor for ensuring profitability and business continuity. Companies in the engineering services industry are competing for the same experts as machinery and equipment manufacturers. Key success factors in attracting highly competent professionals include, for example, the employee’s development opportunities and well-being at work.
Etteplan's growth strategy
Cornerstones of our strategy
The four cornerstones of Etteplan’s strategy are customer focus, service solutions, one Etteplan and engineering methods. Read moreCompetitive advantage
Our business model is based on Managed Services. Managed Services are packaged and productized solutions where the customer buys the results rather than temporary staff or working hours. Read moreVision and values
Read moreStrategic and financial targets
Etteplan updated its strateegic and financial targets in December 2016. The targets for growth and profitability remained unchanged. Read moreAcquisitions
In acquisitions, which play a key role in our strategy, our focus is on increasing our competence capital and geographical expansion. Read moreHistory
Etteplan has set the standard in engineering design for 30 years. The company has been a pioneer in the development of engineering design and methods as well as new business models.
Corporate responsibility
At Etteplan, corporate responsibility is at the core of our day-to-day business as we design hundreds of sustainable solutions for the world’s leading machinery and equipment manufacturers every year. Our highly skilled personnel play a crucial role in fulfilling our customer promise.