Commitment to Growth in the Dimensional Metrology Market Earns Metris the 2006 Growth Strategy Leadership of the Year Award
Palo Alto, Calif. — April 20, 2006 — Frost & Sullivan selected Metris as the recipient of the 2006 Frost & Sullivan Growth Strategy Leadership of the year Award for its strategies towards growth and outstanding contribution to the dimensional metrology industry. Recognized as one of the leading market participants in the dimensional metrology arena, Metris is well known for its innovating, optical metrology products.
Each year Frost & Sullivan presents this Award to a company that has exhibited an exceptional growth strategy within its industry.
“Dedication in offering quality products, wide ranging product portfolio, and focused penetration into diverse end-user groups are some of the key performance indicators that validate the company’s achievements,” says Frost & Sullivan Research Analysts Madhan Dhandayutham and Prathima Bommakanti. “Metris’ product offerings range from coordinate measuring machines over handheld laser scanners and CMM based laser scanners to large-range scanning products, software and services.”
Metris, as a result of its multifold acquisition and innovation strategies, has been witnessing phenomenal growth in the traditional and optical dimensional metrology markets. Having established a clear market leadership in the 3D laser scanner products for fixed CMMs, Metris succeeded to broaden its portfolio and remain as the world-class supplier of high-value optical metrology products.
Metris’ scanning products are uniquely positioned and are integrated with CMMs offered by leading original equipment manufacturers (OEMs). Its scanners are highly accurate and well suited for fully automated operation with high performance CMMs. As a result of Metris’ strategies in terms of new product introductions, strategic alliances, and global presence, it doubled its revenues in 2005.
“One of the key strategies of Metris is to grow not only organically but as well through acquisitions. This has aided not only in completing its total solutions portfolio but also in building new products as demanded by the market,” notes Dhandayutham. “It has also been successful in forming alliances with key end users and OEMs to expand its market presence.”
Being a global supplier of traditional and optical-based dimensional metrology products, Metris addresses the diverse needs of its customers. End users are constantly contacting the company, seeking products and solutions to their diverse measuring needs. As a complete solution provider, Metris presently offers coordinate measuring machines (CMMs), laser-scanning products for CMMs, handheld laser scanners for articulated arms and optical CMMs. More oriented towards aerospace inspection and assembly, Metris offers large volume metrology solutions such as laser radar and Infrared GPS.
Metris also offers the application software for the CMM and scanner products, merely focusing on applications involving point cloud based 3D inspection and reverse engineering. Products from Metris are superior in terms of quality, performance, and adaptability to diverse measuring needs.
“Metris provides a dedicated and efficient support and service assistance to its customers and hence is gaining a strong customer base,” explains Bommakanti. “The company’s high level awareness about their customer needs and demands helped Metris penetrate the market further in 2005.” In this scope, it is also worthwhile mentioning that LK, acquired by Metris in 2006, already received the 2005 Frost & Sullivan Customer Service Leadership award.
Research indicates that Metris is expected to establish itself as one of the leading participants in the development and supply of advanced optical metrology solutions. The company’s established brand name and keen focus on developing new products indicate an even more promising future in the coming years. Going forward, it is forecasted that Metris will be one of the preferred solutions of manufacturers and quality departments for 3D metrology.
All these factors lead to Frost & Sullivan considering Metris as the deserving recipient of its 2006 Growth Strategy Leadership of the Year Award in the dimensional metrology market.
Metris designs, develops and markets a unique range of 3D hardware and software inspection systems for the automotive and aerospace sectors. The company offers world-class metrology solutions for both design and manufacturing communities. The comprehensive product family covers the full range of measurement volumes required by customers, in both fixed and portable configurations and with optical and touch sensors.
Metris provides best-in-class precision equipment and metrology solutions for classical CMM measurements featuring bridge and horizontal arm CMMs.
Metris is the market leader for CMM based laser inspection, with the Metris LC and XC laser scanners offering full surface and feature measurement.
Metris Optical CMMs are portable, hand-held coordinate measuring machines, with a proven track record in engineering, pre-production, and quality control applications. The Optical CMMs can also be used in motion analysis and robot calibration applications.
Metris Handheld 3D Scanners are the best-in-class articulated arm scanners for inspection and reverse engineering.
The Metris Laser Radar is the top solution available to the manufacturing industry that provides a fully automated, non-contact measurement and inspection capability for large-volume applications of up to 60 meters.
The Metris Infrared GPS is a modular, large volume tracking system enabling factory-wide localization of multiple objects with metrology accuracy, applicable in manufacturing and assembly.
Metris completes its product portfolio with a full range of complementary software solutions for inspection and reverse engineering applications.
The Metris Headquarters are based in Leuven (Belgium) with additional production and development centers in UK (Derby, London) US (California, Detroit, Virginia), China, Russia, India and Bulgaria. Metris provides a worldwide network of sales and support offices located in Europe, Asia, and the United States.
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About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company’s industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit www.frost.com or www.testandmeasurement.frost.com.
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