wiredInUSA April 2019
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Historic results
R&M’s 2018 results revealed the “best sales figures in the company’s history”. Over the year R&M sales increased by 14.2 percent, compared to 2017, reaching over $264 million worldwide. “The key factor was the very positive market dynamism, particularly in the market segments [of] data center and public networks. The strong surge in sales was supported by a number of major projects, particularly in the Middle East,” reported CEO Michel Riva. All sales regions posted positive results. Sales in the Middle East increased by over 35 percent, with high double-digit growth rates in North and South America. “The investments made over the last three years in these two regions are paying off,” commented Riva, adding: “Further investments are planned for the coming years.” R&M also invested in projects to secure sustainable growth. The company took over Transportkabel DIXI in the Czech Republic to extend the value-added chain and offer proprietary cables. During the summer, R&M opened a new, advanced plant in India to produce fiber optic products for the Asian market.
Cimteq’s CEO, Ali Shehab
Cimteq will host its first webinar on Industry 4.0/smart factory on Wednesday 8 th May. Personally hosted by Cimteq’s CEO, Ali Shehab, the webinar will explore how best to implement smart assets in a factory – not only by adapting working practices but also by adapting mindsets in communication, continuous improvement and collaboration. Mr Shehab was a key force behind the development of Cimteq’s CableBuilder, with the ambition of freeing cable design engineers from the tedium of repetitive daily tasks and allowing them to get back to creative thought. The Industry 4.0 webinar will provide a taster of the themes Ali will revisit during his participation in the technical program at Interwire 2019. The 20 minute webinar presentation will explore how big data, digital twinning and the Internet of Things are impacting on cable production, and how automation and communication can be used to reduce cost, improve speed and add value. The session will end with a question and answer session.
wiredInUSA - April 2019
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