We combat the risk of failing to give our customers’ requirements adequate consideration during the development process by conducting extensive trend analyses, customer surveys and scouting activities. By taking these measures, we ensure that we recognize trends at an early stage and verify their relevance for our customers in good time.
There is also a risk that it may not be possible to develop products or modules within the specified timeframe, to the required quality standards, or in line with cost specifications. To avoid this risk, we continuously and systematically monitor the progress of all projects and regularly compare this progress with the original targets. In the event of deviations, appropriate control measures are initiated in good time. In addition, our end-to-end project organization supports effective cooperation among all areas involved in the process. It incorporates specific requirements into the development process as early as possible and plans their implementation in good time.
Our wide variety of research and development activities means that risks are not concentrated on particular patents or licenses.