MVTec is one of the world's leading international providers of machine vision software and has long been a major driver of the industry’s technological development. MVTec was founded in 1996 as a spinoff of the Munich Technical University and the Bavarian Institute for Knowledge-based System (FORWISS). Since that time, the company has worked continuously to provide its customers with the best possible products. The Munich-based company will celebrate its 25th anniversary throughout 2022.
Close relationship with customers and partners as the basis for the company's success
For its anniversary year, MVTec has resolved to further intensify its cooperation with customers and partners. After all, being close to its customers has always been a key element of success, and MVTec will continue to invest in it in the future. Therefore, the company plans to push ahead with its internationalization in 2022. In addition to the existing subsidiaries in the USA and China, MVTec plans to further expand its involvement in key markets such as France and Taiwan.
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Customer proximity as driver for further Internationalization
The economic conditions for MVTec's anniversary year are generally positive. "Although we see certain obstacles to growth in the form of strained supply chains and high energy prices, we nevertheless expect further growth in the machine vision industry overall. The Corona pandemic has made companies even more aware of the need to invest sustainably in automation and digitization. Machine vision as the “eye of production” benefits from this" explains Dr. Munkelt, Managing Director of MVTec.
"Listening to customers and being close to them has always been a key element for our success. In the future, we plan to further invest into this asset. This is why we will strengthen our local presence worldwide, so we can serve our customers even better together with our sales partners. This also enables us to react to changing conditions of the respective markets even faster and to optimally address the needs of our customers on site. In addition to strengthening our own presence, the optimization of our global partner networks also plays a key role here", explains Martin Krumey, Vice President Sales at MVTec.