A strong CHF calls for a change

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source pixaby

Recently the CHF has become stronger than EUR which can cause a big headache to Swiss companies that produce in Switzerland and export to Europe. Having visited a few of them, we can certainly see that we have room for improvement and urge a change of pass in investments to improve their automation. In fact, the only strategy to maintain competitiveness and production in Switzerland is through massive investment in technologies for industry 4.0 to enable improvement in productivity and therefore squeeze the costs. Some technology enablers are machine vision, robotics, cloud, connected edge computing and sensors. Switzerland has a big advantage to have reliable telecommunication infrastructure and some of the big technology players operating in the country, hence it should not be difficult to start the journey of change and keep the competitiveness of the company by avoiding the outsourcing of processes.     

Location: Zurigo, Svizzera

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