PRYSMIAN GROUP
bend radiuses are demanded , to name a few .” The fiber business has always been cyclical , he adds , but these days it appears to have become a super cycle , with significant growth anticipated over the next three to five or even ten years . “ We are very confident about the global and domestic prospects for fiber and fiber optic cable . Four years after 4G was launched it is already becoming obsolete : IoT and automation are propelling us into a 5G world and beyond .”
On that side of the business , the Prysmian mantra is ‘ do more with less ’. Innovation is not cheap . Spending on R & D in 2015 at group level amounted to approximately € 73 million . The mission of the Prysmian Group ’ s R & D function is to identify innovative products and technology , to add new products and services to the existing range and to reduce production costs for both existing and new products , says Schulties . “ The quality of our products is assured by strict monitoring at
44 April 2017