Imtech Marine, the marine division of technical services provider Imtech, has announced its new 2011-2015 growth strategy. The company targets to double its revenue up to 1 billion euros in 2015. Growth will be achieved by organic growth and acquisitions.
Strategy 2011-2015 Summary
Imtech Marine’s growth strategy is based on a number of strategic priorities, including:
– life cycle partnership;
– strengthening the global organization and service network;
– innovation: green technology and integrated automation.
Life Cycle Partnership
There is a strong demand in the marine market for a life-cycle approach and focus on reducing the total cost during the ‘lifetime’ of technical solutions. Therefore, the company will build strategic partnerships with key clients, linking knowledge of the new building phase with the operational phase of the vessel to achieve a competitive cost of ownership.
Strengthening the Global Organization and Service Network
The company will organize itself around six regions worldwide. The global service network will be substantially expanded. New service offices are planned in Asia Pacific, India, the Mediterranean and South America. Existing offices will grow into full service hubs by expanding their portfolio with competences like electrical systems, ICT and heating, ventilation and air conditioning (HVAC). Furthermore, current production sites in China, the Singapore region and Turkey will be strengthened.
Innovation
Imtech has defined specific innovation growth domains. Sustainable, ‘green’ technology is key. The company will develop further green ship concepts and green consultancy for electrical systems, shore connections, lighting concepts, energy efficient HVAC, optimal routing and simulation techniques and sees opportunities in the field of integrated ship automation and smart ship solutions.
