Strategic large-scale order underscores ISRA's growth targets for the financial year and confirms strong market position
ISRA VISION AG: Global player banks on ISRA's networked quality assurance
Inspection solutions from ISRA are considered to be the standard by many customers in the glass industry throughout the world. With a series of systems, the company offers a custom-made monitoring for different process steps, thereby allowing manufacturers a comprehensive quality assurance and to realize higher productivity. In the framework of the current large-scale order, ISRA also implements - similar to previous projects with customers from the steel industry - the innovative quality and yield management system EPROMI
(Enterprise PROduction Management Intelligence) for the central management of production data. Quality information acquired during inspection is being analyzed by this higher-level software architecture and rendered usable for the optimization of production processes. As a result, users can profit today from an intelligently networked production. The new large-scale order confirms ISRA's strategy: With a combination of leading optical inspection technologies and the data analysis software EPROMI, the company offers its customers forward-looking solutions for production optimization and a sustainable added value.
Based on the good market position and the high order backlog of currently over 80 million euros (PY: 64 million euros), ISRA once again plans an additional profitable revenue growth in the low double-digit percentage range for the present 2015 / 2016 financial year. In terms of profits, plans provide for further optimization of the margins, while at least maintaining the current high level. With its focus on a strong core business, product innovations as well as targeted acquisitions, ISRA plans on reaching the revenue goal of 150 million euros in the medium term.
ISRA VISION AG, together with its subsidiaries, is worldwide leading in surface inspection of web materials. Furthermore, it is one of the globally leading providers of machine vision programs, specialising in the area of 3D machine vision, in particular for "3D robot vision".
The core competence of the company is the ISRA-BrainWARE®, an innovative software for intelligent machine vision systems. Here, the scientific know-how from the fields of optics, lighting technology, surveying technology, physics, image processing and classification algorithms and a complex system design are combined. Machine vision is a key technology for visualising systems that imitate the human eye. Today's ISRA applications focus primarily on the automation of production and quality assurance of goods and products supplied to large, future-oriented markets such as energy, healthcare, food, mobility and information. The customers mainly include renowned global players from the respective sectors. With more than 25 locations worldwide, ISRA offers customer proximity everywhere and ensures optimum service and support.
In the past seventeen years, ISRA has shown profitable growth with an annual average increase in sales of approx. 25 percent. Currently the company employs approx. 700 people worldwide.
Further information are available at www.isravision.com.