Instrumentation Technologies awarded a Hidden Champion certificate
Instrumentation Technologies was awarded a Hidden Champion certificate at the two-day Hidden Champions in CEE and Dynamically Changing Environments conference, which took place at the Austrian Federal Economic Chamber in Vienna, Austria, on November 17-18, 2011.
CEEMAN International Management Development Association, in cooperation with IEDC-Bled School of Management and the Austrian Federal Chamber of Commerce (WKO), award Hidden Champion certificates to highly innovative, differentiated and specialized small-to-medium-size companies that hold lead market positions in their fields internationally.
The keynote speaker, Professor Hermann Simon, Chairman Emeritus of Simon Kucher & Partners and author of the bestselling book Hidden Champions of the 21st Century, pointed out that he initially thought that Hidden Champions were a phenomenon typical of German-speaking countries; now, on the basis of CEE Hidden Champions research and other considerations, he is convinced that this is, in fact, a global phenomenon.
Hidden Champions are big contributors to decentralization in their economies and should become key drivers of economic progress.