Delivering a customer-centric approach
We accelerate our customers’ drive towards net zero emissions, improving road safety and the automation of vehicle applications through leadership and innovation in engineering and technology.
Key inputs
Product and technology leadership
Our innovative product development and significant intellectual property ensure cutting-edge products are available for every application across the markets we serve.
Talented workforce
Our highly skilled employees operate in niche capability areas. Our engineers and customer support teams work closely with our customers, supporting their requirements.
Global reach
We have international routes to market, with direct sales and support offices in key territories to facilitate growth and support our customers. We use distributors and representatives in other locations to expand our reach.
Why our customers choose us
Customer closeness
We have high-quality, long-term customer relationships with all major OEMs and test facilities, which enable us to provide support tailored to their needs and also assist in early identification of trends. Our local sales and support offices enable us to respond quickly to customer requirements.
Tailored solutions
In the automotive market, our broad range of products and services are used by customers throughout the development cycle from concept design to launch of new vehicle models. We provide innovative, tailored solutions to automate vehicles in other adjacent markets.
Continuous innovation
The Group has specialist expertise in a number of niche areas including driverless vehicle actuation, simulation software and Driver in the Loop (DiL) simulators. Continuous investment in R&D in these areas enables us to support our customers in developing new solutions to meet emerging market requirements, improve efficiencies and meet new regulations.
Growth drivers
Value creation
We will create value for shareholders through:
Organic revenue growth supported by our market drivers
Operating margin expansion from operational gearing, improvements in the supply chain and operational efficiency
Value-enhancing acquisitions
Our market drivers
Consumer ratings
Independent consumer safety organisations such as Euro NCAP provide car safety ratings determined from a series of vehicle tests. In order to obtain an NCAP safety rating when launching a new vehicle model, each variant of that model must be certified by an NCAP test laboratory. Many of our products and services are used in the development and certification of these vehicles.
The development of new technology means that certification requires an increasing number of increasingly complex tests.
Our solutions:
Testing products | Testing services
Regulation
In addition to consumer ratings, the market for ADAS and active safety is driven by regulation from bodies such as the United Nations Economic Commission for Europe and national regulators such as the US National Highway Traffic and Safety Administration.
With an estimated 1.35m road deaths per year, improving regulatory standards are leading to increases in the number and complexity of tests required.
Our solutions:
Testing products | Testing services | Simulation
New vehicle models
The emergence of electric vehicles and new entrants into the automotive market, as well as developments in autonomy, has led to significant increases in the number of new models launches. Over 150 new vehicle models were launched to the market during 2023.
The Group is well positioned to service the growing demand through the range of testing products, testing services and simulation hardware and software solutions.
Our solutions:
Testing products | Testing services | Simulation
New powertrains
Increasing environmental and scarcity concerns have led OEMs to develop electric vehicles and hybrid alternatives to internal combustion engines. Development of alternative fuel sources such as e-fuels and hydrogen, hybrid drive trains and new technology continues to drive the market for vehicle development toolchains.
New technology and innovation by the Group accelerate customers’ R&D development activities.
Our solutions:
Testing products | Testing services | Simulation
Consumer ratings
Consumer ratings
Independent consumer safety organisations such as Euro NCAP provide car safety ratings determined from a series of vehicle tests. In order to obtain an NCAP safety rating when launching a new vehicle model, each variant of that model must be certified by an NCAP test laboratory. Many of our products and services are used in the development and certification of these vehicles.
The development of new technology means that certification requires an increasing number of increasingly complex tests.
Our solutions:
Testing products | Testing services
Regulation
Regulation
In addition to consumer ratings, the market for ADAS and active safety is driven by regulation from bodies such as the United Nations Economic Commission for Europe and national regulators such as the US National Highway Traffic and Safety Administration.
With an estimated 1.35m road deaths per year, improving regulatory standards are leading to increases in the number and complexity of tests required.
Our solutions:
Testing products | Testing services | Simulation
New vehicle models
New vehicle models
The emergence of electric vehicles and new entrants into the automotive market, as well as developments in autonomy, has led to significant increases in the number of new models launches. Over 150 new vehicle models were launched to the market during 2023.
The Group is well positioned to service the growing demand through the range of testing products, testing services and simulation hardware and software solutions.
Our solutions:
Testing products | Testing services | Simulation
New powertrains
New powertrains
Increasing environmental and scarcity concerns have led OEMs to develop electric vehicles and hybrid alternatives to internal combustion engines. Development of alternative fuel sources such as e-fuels and hydrogen, hybrid drive trains and new technology continues to drive the market for vehicle development toolchains.
New technology and innovation by the Group accelerate customers’ R&D development activities.
Our solutions:
Testing products | Testing services | Simulation
The vehicle development cycle
| Customer type | What we do | Teams involved | |
| OEM |
Simulation |
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| Customer type | What we do | Teams involved | |
| Tier 1 supplier OEM |
SPMM data |
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| Customer type | What we do | Teams involved |
| Tier 1 supplier OEM |
Testing product |
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| Customer type | What we do | Teams involved |
| OEM Service provider Tier 1 supplier |
Testing product Testing services |
|
| Customer type | What we do | Teams involved |
| OEM Service provider |
Testing product Testing services |
|
| Customer type | What we do | Teams involved |
| Ratings body/ regulator |
Testing products |
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| Customer type | What we do | Teams involved |
| OEM |
Testing services |
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| Customer type | What we do | Teams involved |
| Ratings body |
Testing products |
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