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. Read our Annual Review 2018 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. Get to know our Digitalization expertise 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 Go to Etteplan's growth strategy Cornerstones of our strategy Competitive advantage Vision and values Strategic and financial targets Acquisitions Cornerstones of our strategy The four cornerstones of Etteplan’s strategy are customer focus, service solutions, one Etteplan and engineering methods. Read more Competitive 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 more Vision and values Read more Strategic and financial targets Etteplan updated its strateegic and financial targets in December 2016. The targets for growth and profitability remained unchanged. Read more Acquisitions In acquisitions, which play a key role in our strategy, our focus is on increasing our competence capital and geographical expansion. Read more Board of Directors & Management Read more Operating environment Read more History 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. Read more Events & webinars Read more 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. Go to corporate responsibility Financial responsibility Personnel and social responsibility Environmental responsibility Quality Code of conduct Information security Financial responsibility Profitability is a basic precondition for responsible business. Etteplan’s revenue and operating profit continued to grow in 2017. Revenue grew by 16.8 per cent to EUR 214.8 (183.9) million. Our operating profit was EUR 15.5 (10.1) million. We pay taxes on our profits in all of the countries we operate in. Etteplan’s operations have significant economic impacts on many different stakeholders arising from the taxes, wages, dividends and financial expenses that we pay. Read more Personnel and social responsibility Personnel and leadership development, providing career opportunities and treating employees equally are at the core of Etteplan’s human resource management. Etteplan’s Code of Conduct is the foundation of the company’s human resource management. Read more Environmental responsibility The day-to-day work of Etteplan’s environmental management is based on the standards specified in the ISO 14001 environmental system. The goals of our environmental policy include minimizing the environmental impacts of our own operations, training our personnel to recognize the environmental impacts of their work, and helping our partners observe responsibility in environmental matters. Read more Quality Read more Code of conduct Etteplan acknowledges the importance of proper business conduct and good reputation being in its long-term interest as these create loyalty and trust in employees, shareholders, other stakeholders and the communities in which Etteplan operates. This is why we have written this Code of Conduct (“the Code”). The purpose of the Code is to present and communicate our common set of ethical values and business principles to all employees and stakeholders as well as to give internal guidance in our daily business. Etteplan encourages its suppliers and other business partners within its sphere of influence to adopt the principles of this Code. Read more Information security Read more
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.
