Rohde & Schwarz re-structures as turnover drops

November 04, 2021 // By Nick Flaherty
Rohde & Schwarz re-structures as turnover drops
Rohde & Schwarz closed its 2021 fiscal year with €2.34 billion in revenue, down from €2.58bn in 2020, and showed a similar dip in profits having re-structured during the year. 

At the end of the year, Rohde & Schwarz had around 13,000 employees in more than 70 countries worldwide with a new structure of three divisions.

The Test & Measurement Division provides products for diverse market segments such as wireless communications, industry, components and research as well as automotive and was the most robust, says the company.

Rohde & Schwarz has designed market-leading solutions from V2X to 5G for challenging automotive applications such as communications between vehicles and their surroundings and for the latest wireless communications standard in mobility.

The company could further improve its position in this field with innovative radar T&M instruments and systems, it says. For example, automotive manufacturers, suppliers and test houses benefited from a unique test solution that cost-efficiently translates realistic driving scenarios from the road to the lab. The global expansion of 5G networks continued unabated, generating high demand, in particular for user equipment testing in the frequency range up to 7 GHz.

"The re-organization is an ongoing measure to prepare the company for continuous growths after years of expansion by bringing together competencies and synergies, and it has reached a milestone in the past business year," says a spokesperson. "The slightly lower turnover is the outcome of the overall challenging times we live in, after years of very positive growth and increased turnover."

The demand for T&M solutions among component manufacturers reflected the sustained high level of investment in digitalization and connectivity in almost all industries. To position Rohde & Schwarz T&M solutions in the quantum computing field, the company successfully completed the acquisition of the leading Swiss T&M manufacturer Zurich Instruments AG, effective July 1, 2021.

The former Secure Communications, Monitoring & Network Testing and Broadcast & Media Divisions were merged to create the new Technology Systems Division. In this division, Rohde & Schwarz bundles technological system expertise and resources in the markets where project business plays an important role.

The Networks & Cybersecurity Division equips business and public authorities with secure WAN, LAN and WLAN network infrastructures and products to protect data transmission, devices and applications. Future-ready network, security and encryption solutions protect the digital information and business processes of companies and public institutions against the effects of cyberattacks.

The strong local presence of Rohde & Schwarz compensated for pandemic-related restrictions on projects from travel regulations. In Germany, the company consolidated its position as a national champion in the secure communications market segment. From air traffic control to secure communications for ground and naval forces, Rohde & Schwarz makes a key contribution to the digital sovereignty of government customers for security-critical applications.

The global expansion of 5G networks requires technical adaptations to network monitoring systems, driving demand for suitable solutions in the mobile network testing (MNT) market segment. Major network operators and infrastructure providers worldwide appreciate the test performance of Rohde & Schwarz solutions due to their optimal quality of experience (QoE) and quality of service (QoS). A 5G campus network at one of its plants allows Rohde & Schwarz to directly optimize the implementation of real Industry 4.0 use cases.

The Networks & Cybersecurity Division benefits from additional demand for network and security solutions in both public and private sectors. The growing number of cyberattacks, increasingly decentralized structures and rise in mobile work are raising the importance of digital security and sovereignty. Together with its subsidiaries LANCOM Systems and Rohde & Schwarz Cybersecurity, the technology company is one of the largest suppliers of network, security and encryption solutions for professional customers in Europe.

LANCOM Systems offers the first software based business router certified by the Federal Office for Information Security (BSI) to enable secure site networking. As part of the DigitalPakt Schule (digital pact for schools) support program, the network and security specialist has already equipped more than 3,000 schools with network technology that meets the highest security and data protection standards. In the government sector, Rohde & Schwarz Cybersecurity equipped the public authority network of a German federal state with BSI-approved encryption technology. Other German federal states are planning to use this as a blueprint for the modernization of their networks.

The global economic recovery positively impacted the performance especially towards the end of the fiscal year, which the company says leaves it very well positioned for further growth.

www.rohde-schwarz.com

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