Login Solutions Industries Media News and press releases Endress+Hauser receives innovation award Endress+Hauser receives innovation award TOP 100 Award recognizes successful innovation management It’s an important confirmation for the course that Endress+Hauser is taking in innovation management: The company is a recipient of the 2021 TOP 100 Award which recognizes innovative small- and medium-sized enterprises (SMEs) in particular. The TOP 100 competition examines whether innovations are the result of a planned approach or simply coincidental, in addition to looking at how the solutions fare on the market. The award recipients are determined through a scientific selection process. A team led by innovation researcher Dr Nikolaus Franke from the Vienna University of Economics and Business created 120 evaluation criteria. It was the first time that Endress+Hauser Level+Pressure participated in the competition. The family company, based in Maulburg, Germany, develops and produces instruments and services for level and pressure measurement as well as inventory management solutions. Ownership and innovation skills as a goal According to the researchers, Endress+Hauser scored best in the categories of Processes/Organization and Innovation Climate. These criteria revolve around how innovation processes are organized in the company and to what extent the work atmosphere enables worker creativity. For this reason Managing Director Dr Peter Selders is particularly pleased with the award. “Our primary goal is to give our employees more independence and more responsibility. With this in mind, we want to encourage them to chart new paths and develop themselves and their innovation skills.” Number of completed projects more than doubled As evidence that the company is focused on its ability to innovate, Endress+Hauser can point to its employee training programs as well as the creation of an innovation lab and getting executive management involved in the innovation management process. The innovation lab is designed to serve as a breeding ground for new approaches and business models and to transfer successful methods into the core business. According to Peter Selders, the crucial factors for accelerated processes are the use of methods such as so-called critical chain project management. Here the focus is on project bottlenecks and their optimization. “We managed to more than double the number of completed projects per year with the same team strength,” says the managing director. One more reason to celebrate For Endress+Hauer the selection as one of the TOP 100 innovators is the second award within a short period of time. In May a team at the company received the innovation award from the AMA Assocation of Sensor and Measurement Technology for the development of a multisensor system for breweries. German science journalist Ranga Yogeshwar will present the TOP 100 trophy to Endress+Hauser during the 7th German SME Summit in Ludwigsburg in November. Ranga Yogeshwar supports the innovation competition as a mentor. Other project partners include the Fraunhofer-Gesellschaft and the BVMW SME Association. ©Endress+Hauser Endress+Hauser employees are encouraged to develop their innovation skills. Contact Martin Raab Kägenstrasse 2 4153 Reinach BL Switzerland Tel. +41 61 715 7722 Send email Downloads Endress_Hauser_Top_100.zip RELATED TOPICS Endress+Hauser Level+Pressure Product center for industrial level and pressure measurement as well as Inventory Management Solutions More information NEWS Innovators’ Meeting in virtual space Endress+Hauser honors the Group’s inventors Read the full story Offering Products Solutions Services Industries Company Contact Information Downloads Sustainability Návody pro lepší orientaci při hledání dokumentace Vrácení zařízení Get technical support Contact us Endress+Hauser Czech s.r.o. Czech Republic Tel. +420 234 724 450 info.cz@endress.com Copyright © Endress+Hauser Group Services AG Imprint Terms of use Data Protection General Terms and Conditions We use cookies to store information on your device which helps us to customize and improve your interactions with us. More on cookies can be found in the privacy policy. Accept and confirm all Adapt settings