SICK Awarded 2023 Company of the Year by Frost and Sullivan

Summary

July 17, 2023 - SICK is pleased to announce that it has received the 2023 Company of the Year Award for Best in Class in the Global Industrial Sensor Solutions Industry by Frost and Sullivan. After winning the 2022 Global Industrial Internet of Things Sensor Company of the Year Award, SICK is grateful to win another year. Frost & Sullivan’s Company of the Year Award is its top honor and recognizes market participants that embody visionary innovation, market-leading performance and unmatched customer care.

Frost & Sullivan uses a rigorous analytic process to evaluation numerous nominees for this award before determining the recipient. Independent analysts evaluate each company based on criteria from two main areas: visionary innovation & performance and customer impact. This includes topics such as addressing unmet needs, leadership focus, best practices, price/performance value and customer experiences.

Committed to research and development

For this award, Frost & Sullivan considered SICK’s dedication to creating innovative products through ongoing customer engagement and feedback, in addition to a strong reputation for innovation and problem solving.

This stems from SICK’s commitment to research and development (R&D). SICK’s deliberate design process incorporates customer feedback and requirements into R&D processes, leveraging a proven environment of the customer methodology to generate new ideas and inventions.

This R&D process involves gathering input directly from customers regarding new solutions and service offerings to ensure that roadmap designs meet relevant customer needs and solve important business challenges.

SICK also routinely monitors market trends and looks for disruptive technologies to incorporate these into existing solutions. This enables it to provide the innovative and forward-thinking technology to solve customers’ problems. Because of this, SICK has a portfolio of best-in-class and disruptive technology for the industrial sector.

Our digital transformation and IIoT approach

Sensors are the backbone of IIoT and digital transformation applications. Intelligent sensors are a necessity to not only to collect data but also to transform it into valuable data points to make informed decisions. Sensors do more than merely just “sense.” They also can “think” to enhance processes throughout the industrial automation space.

SICK’s products and solutions have standard connectivity across platforms via solutions to the cloud and SICK’s Telematic Data Collector (TDC). Some examples include SICK AppSpace, deep learning, quality control, localization and navigation technologies, and a broad diversity of Light Detection and Ranging (LiDAR) sensors.

“SICK’s brand is synonymous with quality, innovation and leadership. Starting in 2004, the company rebranded itself as “SICK Sensor Intelligence” to position itself as the data provider for Industry 4.0 and IIoT. This early movement marks SICK’s long-term focus and track-record compared to other manufacturers; the company’s head start enabled it to evolve alongside the market and grow into a strong leadership position,” said Sebastián Trolli, senior industry analyst, Industrial Technologies at Frost & Sullivan.

Despite the proven benefits of digital transformation and IIoT principles, there is some market resistance to implementation. Most adoption resistance comes from overcoming challenges with implementation related to costs, complexity and perception.

However, SICK continues to take strides to address these challenges with a customer-centric strategy. A combination of sensor intelligence with industry and application expertise can take our partnership with customers to the next level and help others rapidly develop sensor-based applications.

Because of these commitments are our continued work in the IIoT space, SICK earned Frost & Sullivan’s 2023 Global Company of the Year Award and is identified as best in class in the Global industrial sensor solutions industry.

About SICK

SICK is one of the world’s leading manufacturers of sensors, safety systems, machine vision, emissions monitoring systems, flow measurement, encoders and automatic identification products for industrial applications. With more than 3,500 patents, SICK continues to lead the industry in new product innovations. The diversity of its product line allows SICK to offer solutions at every phase of production in the logistics, automotive, packaging, electronics, food and beverage, material handling and process automation markets. SICK AG was founded in 1946 and has operations or representation in 65 countries worldwide.