Rohde & Schwarz Ends Its Fiscal Year Successfully Despite Pandemic Times
Rohde & Schwarz technology has completed a successful 2019/2020 fiscal year despite a difficult global economic environment and the impact of the COVID-19 pandemic.
Rohde & Schwarz, the independent technology company, finished its 2019/2020 fiscal year (July to June) with EUR 2.58 billion in revenue. The company has grown for the third year in a row with a 20 percent revenue increase. This proved once more that the privately-owned company’s strategy focusing on sustainable business practices was the right one.
Rohde & Schwarz benefits from large investments in wireless technologies
Rohde & Schwarz benefited throughout the entire mobile communications value chain. The company’s T&M solutions place it in a good position for the internet of things (IoT). As part of the Industry 4.0 concept, 5G will revolutionize factory automation by connecting operating facilities wirelessly. Rohde & Schwarz has already developed a comprehensive test and measurement portfolio to set up and reliably operate 5G factory networks.
The automotive market responded positively to the company’s innovative radar sensor and vehicle connectivity solutions, putting Rohde & Schwarz in a promising position.
Expanding connectivity in the public sector drives demand
Some German states also invested in the IT security of their administrative networks and equipped public authorities with BSI certified encryption technology from Rohde & Schwarz.
Security high on agenda
The cutting-edge CERTIUM air traffic control portfolio from Rohde & Schwarz provides complete solutions that include hardware, software and service components. The portfolio was expanded in 2020 to include a state-of-the-art radio family.Since its launch, security scanners from Rohde & Schwarz have conquered a significant market share and are used in airports around the world.
The COVID-19 pandemic confronted the world with an unprecedented challenge whose impact is virtually impossible to assess. Rohde & Schwarz business fields will be affected to varying degrees in the new fiscal year. Rohde & Schwarz has state-of-the-art processes and structures to face all future scenarios.
