Q Walter AG is known for Engineering Kompetenz and custom machining solutions. Could you provide us with an overview of the key pillars of your current business strategy and how they align with the company’s long-term vision?
Dmitry Andreev: The message of Engineering Kompetenz holds immense significance for us, as it truly embodies Walter’s motto and reflects our perception of our market positioning. When we talk about the most important pillars of the strategy, we rolled out our last and most valid global strategy back in 2019, which is in motion until 2025. Among the numerous pillars, I’d like to highlight a few that hold immense significance. Notably, Walter stands out as over a century old, with strong European roots that connect us to our origins and extend across the global stage. Nevertheless, one of the most important parts of our strategy currently is to strengthen our presence outside of the European continent. Hence, we would like to be even more visible and present, resulting in more customers and bigger market shares in America and Asia. Moreover, this links directly to the importance of the Indian market. Furthermore, as the market is changing we see more and more customers, especially in the automotive sector, switching to aluminium machining, driven by the e-mobility sector. Furthermore, this motivation stems from the universal desire to decrease the weight of the automobile. Therefore, we see many lightweight materials making their way into the field, and although this isn’t entirely novel, the momentum is increasing, especially for substances like aluminium.
This story is from the Efficient Manufacturing - Dec 2023 Issue edition of EM - Efficient Manufacturing.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the Efficient Manufacturing - Dec 2023 Issue edition of EM - Efficient Manufacturing.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
Smart Automation and Blockchain: Driving future of the EV industry
The Electric Vehicle (EV) industry is rapidly transforming, driven by advancements in smart automation and blockchain technology.
The unsung heroes funding modern manufacturing innovations
In the intricate landscape of modern manufacturing, the reliable and efficient delivery of electrical power is paramount.
Revolutionising Automation: The Role of Cobots in Modern Industries
In today's industries, cobots are pivotal in driving innovation and productivity through automation.
Aerospace Industry embraces innovation for future growth
This article showcases how the industry prioritises adopting smart manufacturing technologies such as automation, robotics, machine vision, digital technologies, and cybersecurity to address manufacturing challenges and achieve broader factory goals.
Harnessing Artificial Intelligence for enhanced Industrial Safety
Industrial safety stands as a paramount concern for businesses worldwide, ensuring the well-being of employees and the integrity of operations.
EtherCAT G Ultimate I/O performance for high-performance machines
EtherCAT reaches the next performance level with the EtherCAT G technology extension through its capability to superimpose itself on Gigabit Ethernet for particularly data-intensive applications.
Extreme High-Speed Laser Application (EHLA): Redefining Additive Manufacturing Efficiency
The landscape of Additive Manufacturing (AM) persists in altering conventional manufacturing norms, presenting unmatched adaptability and productivity. Within this piece, we explore the complex realm of Directed Energy Deposition (DED) AM, investigating its crucial contribution to crafting extensive, detailed components for various industrial uses.
The significance of bearings in India's Textile Industry
India's textile sector, a powerhouse in global trade, is poised for remarkable growth, fueled by strategic investments and technological advancements.
Chemistry for Good Embracing Green Chemistry Principles for a Better Tomorrow
This Cover Story takes readers on a journey across the revolutionary field of green chemistry, examining its guiding principles, noteworthy accomplishments, and industry-wide disruptive impact.
Securing And Safeguarding Humans, Machines, And Robots
The evolution of robotics and automation in manufacturing is driven by digitalisation and Industry 4.0. The increasing presence of robots beyond traditional factory floors, emphasises collaborative robots’ role in safer operations. Pilz as a global leader in safety and automation technology, details its commitment to address the evolving challenges and providing safe automation solutions to manufacturers worldwide, particularly in India.