Tönisvorst, June 26, 2023 / Congratulations at the German SME Summit: Ranga Yogeshwar congratulates NOFFZ Technologies GmbH from Tönisvorst on being awarded the TOP 100 award. The award ceremony at the Summit took place on Friday, June 23, in Augsburg for all medium-sized companies that received the TOP 100 seal at the beginning of the year. The science journalist accompanied the innovation competition, which was held for the 30th time, as a mentor. In the scientific selection process, NOFFZ Technologies particularly impressed in the size category B (51 to 200 employees in Germany) in the category “innovation success”. This is the second time the company has been ranked among the top innovators.
As part of the scientific selection process, the innovation performance of the participants was examined in a differentiated manner with regard to various innovation criteria. NOFFZ was particularly convincing in the size category B (51 to 200 employees in Germany) in the category “innovation success”. The innovation management of NOFFZ Technologies GmbH was rated overall with an above-average “A+” (average TOP 100: “A”). The “A” rating is only awarded to companies that have an unusually professional innovation management system, even by international standards.
The TOP 100 company portrait published on the occasion of the award states (excerpt):
Internet groups and major automakers have long been relying on this: They organize their offerings on the basis of a platform strategy. In the field of test systems, however, this is a real innovation. NOFFZ has successfully followed this path. Their universal test platform UTP was a real novelty – and forms the basis for many other innovations. The company develops test and automation systems for the automotive industry, the telecommunications sector as well as for smart home, consumer electronics and medical technology.
The company develops and produces test and automation solutions and products for a wide range of industries at its headquarters in Toenisvorst and at various locations worldwide. Due to the constant change and innovations within these industrial sectors, flexible reactions and innovative solutions are particularly in demand. Therefore, around 200 international employees of the global NOFFZ team work together across the nine locations in Germany, USA, Mexico, China, Hungary and Serbia.
“We are beyond proud of this award. As a medium-sized company in particular, it is not always easy to hold your own, but this award shows that we are right on target with our strategy of international growth and our innovation management. We really take the topic of innovation very seriously and have not only deposited it in our “Core Values”, but it is firmly anchored in the entire company from individual developers and idea generators to the management at all locations”, Markus Solbach, Managing Director NOFFZ Technologies, is pleased to say. Translated with www.DeepL.com/Translator (free version) The TOP 100 company portrait published on the occasion of the award states (excerpt):
From a one-man operation in the basement of a single-family home to a globally active system integrator: NOFFZ Technologies is a true success story. The two-time top innovator designs, manufactures and supports test technologies for autonomous driving, for high-performance control devices and for the Internet of Things. The company operates according to the motto “Global Engineering & Local for Local Support”. Employees at the individual sites are given a lot of responsibility. Regular brainstorming sessions and hackathons are an important source of impetus for new developments. “We hold hackathons about two to three times a year, the last one was in Budapest. The participants come from different departments and regions and they deal with different tasks and problems. The target is to present a first draft solution after just two days,” says Managing Director Markus Solbach. Many ideas then flow into new products and applications. Thanks to a platform strategy developed in-house, the testing technology can be adapted to a wide range of applications.
For the full portrait, go here: www.top100.de/die-top-innovatoren.
TOP 100: the competition
Since 1993, compamedia has been awarding the TOP 100 seal for special innovative strength and above-average innovation success to medium-sized companies. Scientific management has been in the hands of Prof. Dr. Nikolaus Franke since 2002. Franke is the founder and director of the Institute for Entrepreneurship and Innovation at the Vienna University of Economics and Business. With 26 research awards and over 200 publications, he is one of the leading innovation researchers internationally.
The mentor of TOP 100 is science journalist Ranga Yogeshwar. Project partners are the Fraunhofer Society for the Promotion of Applied Research and the BVMW association of small and medium-sized enterprises. The magazines manager magazin, impulse and ZEIT für Unternehmer accompany the company comparison as media partners. More information as well as general picture material on the TOP 100 competition can be found on the Internet at www.top100.de/presse or by sending an e-mail to presse@compamedia.de.