In spite of increased demand for its factory automation technology, Vention announces record results. Vention welcomes the new year with renewed optimism thanks to strong net sales growth, ground-breaking product releases, and a significantly expanded presence in Europe and North America.
The mission of Venton, which is to democratise industrial automation, has never been more crucial. Manufacturers are searching for fresh, creative ways to automate their manufacturing facilities in response to workforce shortages, wage inflation, and offshore “Etienne Lacroix, co-founder and CEO of Vention, said. Over the past few years, “Vention has assisted more than 3,000 enterprises in automating their operations.”
The Best of Customer Automation
Vention had a record-breaking year in which the business experienced yet another year of double-digit booking growth because to the need for horizontal and accessible automation solutions. Vention has been able to add more than 900 new businesses to its active customer base and boost the turnover of its automation partners by 2.9 times, both of which have been fueled by external trends such as rising labour costs, labour shortages, and businesses looking to outsource their production to other countries.

Source: Prnewswire