Increased focus on R&D pays off for Lectra
19/07/2017
The fully automated solution enables automotive leather suppliers to cut costs, improve productivity and minimise waste, according to Lectra.
"Lectra focuses on a consultative approach that allows it to fully understand the customer’s needs before building a solution comprising software, hardware, consulting, training and after-sales support,” said Frost & Sullivan analyst Kamalesh Mohanarangam.
"Lectra’s equipment is fitted with more than 200 sensors that predict failure and immediately report issues to its call centres. This product feature and service has resulted in 98% uptime and very fast mean time to repair."
Lectra spent more than €50 million in investments between 2011 and 2015. It will increase the share of revenues dedicated to R&D to 10% for the period from 2017 to 2019, representing a rise of about 50% between 2016 and 2019.
Each year, Frost & Sullivan presents the award to the company that has developed a product with innovative features and functionality.
Image: Marc Douay, Lectra’s automotive marketing director, and Sarwant Singh, senior partner at Frost & Sullivan
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