Fischer Family Establishes Conextivity Group
With double-digit annual growth, Conextivity Group is aiming for a billion Swiss francs in revenue within 10 years.
The Fischer family has recently established Conextivity Group to meet the connectivity challenge posed by the emergence of new cross-functional and scalable ecosystems, from locally interconnected devices and sensors to cloud-managed IoT platforms.
The group’s R&D department, which has doubled in size over the last five years, is strengthening its teams with new expertise, especially in signal integrity engineering, embedded electronics, the cloud and the IoT.
“Connectivity is of crucial importance in our hyper-connected world,” explains Jonathan Brossard, CEO since 2016 and belonging to the 3rd generation of the Fischer family. “When it is as efficient, reliable and innovative as ours, and when it is applicable to extremely demanding operating environments, it plays a critical role. In this respect, our system-level engineering approach and our holistic vision for our industry expresses nothing less than our sense of responsibility: to reimagine connectivity that creates lasting value in the group’s traditional and new markets.”
The family-owned technology group is accelerating the development of its two business activities, Fischer Connectors and Wearin’, towards the same entrepreneurial vision.
The former is broadening its scope of activity to include electronics and building a production site in Portugal. Wearin’ is expanding its IoT solution and signing technology partnerships to improve the safety and efficiency of the connected human; in May, it was at the heart of a European civil protection exercise to test technologies available to first responders in the event of large-scale disasters.
With double-digit annual growth, Conextivity Group is aiming for a billion Swiss francs in revenue within 10 years.
Conextivity’: the family group’s new identity denotes an ambitious entrepreneurial and technological vision, since it refers to the future of connectivity (next) that Fischer Connectors and Wearin’ are cocreating (co/con, ‘with’) in partnership with their customers.
With its two business activities, Fischer Connectors and Wearin’, Conextivity Group offers a suite of products, solutions and services that span the entire connectivity value chain.
The family group is unveiling its new identity and technological vision to the public at a time when its R&D and commercial departments are accelerating the developments and deployments of Fischer Connectors and Wearin’.
Fischer Connectors is extending its traditional business of high-performance connectors and cable assemblies into electronics.
Fischer Connectors is also continuing its international expansion and is increasing its operational capacity by building a new production site in Portugal.
As soon as it is operational in 2023, the site will employ approximately 100 people in the first phase.