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    Breaking News

    CSEM Reports Excellent Year in 2017

    Received several prestigious awards and witnessed strong growth in industrial revenues.

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    06.19.18
    CSEM recorded an encouraging increase in its industrial activity in 2017. The financial year was marked by several prestigious awards acknowledging the work of CSEM’s technological and research center. A key player in the current move to digitalization, CSEM is launching the CSEM Digital Journey, a challenge designed to help Swiss SMEs to get on board the digital “train.”
     
    A standalone, miniaturized vision system – an award-winner in the USA; partner AVA was designated best Swiss start-up of the year; and CSEM received the international Hermès award. CSEM has been rewarded several times for its engagement in favor of innovation in 2017. Consistent with its mission, the organization – present at five sites in Switzerland – made its competencies available to many companies. The company witnessed strong growth in industrial revenues, a trend that is continuing in 2018.
     
    “As an example, take the automatic and wireless measuring system for airplane tire pressures that our teams developed with MEGGITT SA,” said Claude Nicollier, president of the Board of Director of CSEM. “Thanks to this step forward, our Freiburg-based partner became more competitive, and its end-client can now avoid costly and time-consuming manual checks.”
     
    “When clients tell us that they can develop internationally following our collaboration, this represents for us the best form of recognition,” Mario El-Khoury, CSEM CEO, added. “The case of the Basel-based company HINNI AG is a good example. With CSEM’s help, they embraced digitalization by making their traditional hydrants ‘intelligent’ so that they could quickly identify the location of leaks in water systems.”
     
    CSEM would like to see more initiatives like this, and so is launching the “CSEM Digital Journey,” a challenge reserved for Swiss SMEs.
     
    “For these companies, digitalization represents a difficult hurdle, as they don’t usually have the required expertise to get started,” said El-Khoury. “By inviting them on a digital journey, we hope to inspire other members of this community, which represents the backbone of the Swiss economy.” 
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