WENZEL Group is one of the TOP 100

06.07.16 - For the 23rd time the TOP 100 most innovative mid-sized companies in Germany, have been honoured. The WENZEL Group GmbH & Co. KG based in Wiesthal is proud to be one of these companies.

To achieve this great honour WENZEL participated in a challenging, scientific selection process.

The innovative management structure and innovation success was closely examined. As mentor of the innovation competition, Ranga Yogeshwar honoured the top innovators within the German SME Summit on 24 June in Essen.

With a wide range of measurement technologies - from Coordinate Metrology and High Speed Scanning to Computed Tomography – WENZEL has managed this remarkable innovation success and was awarded with the TOP 100 seal.

The measuring machine manufacturer from Wiesthal invests eleven percent of its revenues in research and development. This is above the industry average. "As family company we have to be innovative in this market environment," says Chief Executive Officer Dr. Heike Wenzel.

This motivates her and her 650 employees. The company founded in 1968, has already passed a number of challenges and has continued to develop steadily. Next goal: to cope with the requirements of the "Industry 4.0" initiative.

Therefore, the top innovator started early in 2015 to tune its innovation processes and re-structured the process chain. WENZEL builds on its own development department skills and bundles the expertise of various technology segments, as well as in international locations. The TOP 100 Company has subsidiaries in the USA, China, India, Singapore, United Kingdom, France, Italy and Switzerland.

Crucial for the development of innovation is the internal network of this group. "We bundle the knowledge from different departments in think tanks and let them develop ideas," explains the Director of Business Development, Prof. Dr. Heiko Wenzel-Schinzer. If an employee likes to work alone meticulously on an idea, WENZEL will provide money. Moreover WENZEL runs a sophisticated monitoring of the market and of competitors, tracking new trends and technologies in order to keep the company at the forefront of the highly competitive metrology segment.

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