Rohde & Schwarz consistently aligns business performance for further growth
PR92801
MUNICH, Nov. 3, 2021 /PRNewswire=KYODO JBN/ --
The Rohde and Schwarz technology company ends a successful 2020/2021 fiscal
year despite ongoing global economic challenges. With its cutting-edge
solutions, the company has continued to prove robust in last year's highly
dynamic market environment. In addition to its established business fields,
Rohde & Schwarz has made substantial investments in future technologies such as
6G, quantum technology, the industrial internet of things (IIoT), artificial
intelligence and cloud technology. The company is a trailblazer in the socially
relevant topics of security and connectivity.
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The independent technology company Rohde and Schwarz closed its 2020/2021
fiscal year (July to June) with EUR 2.34 billion in revenue. Operating results
were almost at the previous year's level. The company exceeded its target
values that had been adjusted to match market developments. This sends a good
signal in light of the challenging dynamics of the past fiscal year.
Employees are the most valuable asset
Even under challenging economic conditions, Rohde and Schwarz has proven a
reliable employer that sees its innovative employees as the cornerstone of
success. Consequently, many issues related to how the company will collaborate
in the future are high on the agenda. For example, the high-tech company now
offers greater flexibility for working hours and workplace, and has anchored
this in agreements to reflect current and future changes in conditions. The
workforce of the privately owned, global company grew at a moderate rate. At
the end of the fiscal year, Rohde & Schwarz had around 13,000 employees in more
than 70 countries worldwide.
Future technologies drive innovations
Rohde and Schwarz is a pioneer in many technologies, including the further
development of mobile communications up to 6G, TandM solutions for quantum
computing, the IIoT, the increasing inroads made by artificial intelligence as
well as cloud technologies. Together with its subsidiaries and partners, the
company is developing future technological solutions with a passion for
innovation.
New three-division structure creates added value for customers
Three strong divisions allow Rohde & Schwarz to address distinct customer needs
even more closely and lay the foundation for further growth. The Test and
Measurement Division provides products for diverse market segments such as
wireless communications, industry, components and research as well as
automotive.
The former Secure Communications, Monitoring and Network Testing and Broadcast
and Media Divisions were merged to create the new Technology Systems Division.
In this division, Rohde and Schwarz bundles technological system expertise and
resources in the markets where project business plays an important role. The
company's solutions contribute significantly to the digital sovereignty of
customers.
The Networks and Cybersecurity Division equips business and public authorities
with secure WAN, LAN and WLAN network infrastructures and products to protect
data transmission, devices and applications. Future-ready network, security and
encryption solutions protect the digital information and business processes of
companies and public institutions against the effects of cyberattacks.
Test and measurement business again proved to be robust
Especially markets highly dependent on the latest technologies as well as their
suppliers continued to invest heavily. This drove business performance in the
Test and Measurement Division.
Rohde and Schwarz has designed market-leading solutions from V2X to 5G for
challenging automotive applications such as communications between vehicles and
their surroundings and for the latest wireless communications standard in
mobility. The company could further improve its position in this field with
innovative radar T&M instruments and systems. For example, automotive
manufacturers, suppliers and test houses benefited from a unique test solution
that cost-efficiently translates realistic driving scenarios from the road to
the lab. The global expansion of 5G networks continued unabated, generating
high demand, in particular for user equipment testing in the frequency range up
to 7 GHz.
Rohde and Schwarz has meanwhile established itself on the market as an
oscilloscope supplier. Since entering the market over 10 years ago, the
technology company has continually developed new instruments that were designed
and developed specifically with customer needs in mind. The demand for T&M
solutions among component manufacturers reflected the sustained high level of
investment in digitalization and connectivity in almost all industries. To
position Rohde and Schwarz T&M solutions in the quantum computing field, the
company successfully completed the acquisition of the leading Swiss T&M
manufacturer Zurich Instruments AG, effective July 1, 2021.
Global customer proximity ensures technology partnership in project business
The strong local presence of Rohde and Schwarz compensated for pandemic-related
restrictions on project business, e.g. due to travel regulations. In Germany,
the company consolidated its position as a national champion in the secure
communications market segment. From air traffic control to secure
communications for ground and naval forces, Rohde and Schwarz makes a key
contribution to the digital sovereignty of government customers for
security-critical applications by offering cross-platform systems such as
CERTIUM(R), SOVERON(R) and NAVICS(R).
The global expansion of 5G networks requires technical adaptations to network
monitoring systems, driving demand for suitable solutions in the mobile network
testing (MNT) market segment. Major network operators and infrastructure
providers worldwide appreciate the test performance of Rohde & Schwarz
solutions due to their optimal quality of experience (QoE) and quality of
service (QoS). A 5G campus network at one of its plants allows Rohde and
Schwarz to directly optimize the implementation of real Industry 4.0 use cases.
Rohde and Schwarz meets growing demand for network and security solutions
The Networks and Cybersecurity Division benefits from additional demand for
network and security solutions in both public and private sectors. The growing
number of cyberattacks, increasingly decentralized structures and rise in
mobile work are raising the importance of digital security and sovereignty.
Together with its subsidiaries LANCOM Systems and Rohde & Schwarz
Cybersecurity, the technology company is one of the largest suppliers of
network, security and encryption solutions for professional customers in Europe.
LANCOM Systems offers the first software based business router certified by the
Federal Office for Information Security (BSI) to enable secure site networking.
As part of the DigitalPakt Schule (digital pact for schools) support program,
the network and security specialist has already equipped more than 3,000
schools with network technology that meets the highest security and data
protection standards. In the government sector, Rohde and Schwarz Cybersecurity
equipped the public authority network of a German federal state with
BSI-approved encryption technology. Other German federal states are planning to
use this as a blueprint for the modernization of their networks.
Outlook: focus on growth
The global economic recovery positively impacted the performance especially
towards the end of the fiscal year. Thanks to its global positioning in future
markets and its strong economic base, Rohde and Schwarz is very well positioned
for further growth.
Press contacts:
Rohde and Schwarz
Monika Roth
+49 89 4129 16652
press@rohde-schwarz.com
www.press.rohde-schwarz.com
Source: Rohde and Schwarz
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