The Inovance Group, founded in 2003, is a leading global provider of industrial automation solutions to OEMs and end users, and has revenues of $1.7bn. The company’s flexible production techniques and expert understanding of all industry sectors – from plastics to printing to packaging to iron & steel production – have allowed it to establish globally leading industry-specific business units. Over the years, Inovance has built an engineering team with specialist expertise in industrial automation. Their combined knowledge makes the company one of the world’s foremost industrial automation partners, and enables it to form long-term relationships with customers. This means that Inovance can provide ongoing advice about how to get the most out of their automation solutions today, and how to stay prepared for the market and technology changes that are coming in future.
Inovance's R&D teams work closely with customers, and are always challenged to deliver on the latest market requirements. In 2019, Inovance invested 11.6% of revenues in R&D, and (as of 2020) it employs 2,512 R&D engineers focused on three areas: core technologies, product development, and industrial applications. The group uses a uniquely rigorous engineering process that incorporates advanced design modelling, performance analysis and quality assurance techniques. Inovance's research engineers are constantly communicating with customers and are always challenged to meet the latest needs of the market in terms of new technologies, lower costs, higher performance, and new form factors. R&D teams carry out significant integrity testing of all technologies, and the company maintains a world-leading array of in-house testing facilities. These include XYZ vibration test rigs, walk in climate chambers and a highly accelerated life test (HALT) chamber.
Inovance has invested heavily in a worldwide R&D network and maintains extensive research facilities around the world, including in China, Germany, Italy, and India. The company's Asian and European R&D teams work together seamlessly on engineering projects. Inovance calls this co-development, and the practice ensures that the best technology knowledge and solutions can be gathered from all around the business; and that they are always implemented and adapted in a way that meets the needs of local markets.
Inovance's products comply with all major international safety certifications and standards, such as CE and UL. The company works with UL listed test labs and various safety bodies for Type Test certifications, and also participates in UL's Client Test Data Program (CTDP). Meanwhile, Inovance's R&D teams work with leading international testing bodies such as TÜV SÜD and TÜV Rheinland for functional safety. The company is accredited under the Customer Testing Facility (CTF) program run by TÜV Rheinland, as well as the Acceptance of Client Testing (ACT) program run by TÜV Süd.
Inovance's advanced global manufacturing facility is ISO 9001 certified and follows continuous improvement principles to achieve world-class standards. Production lines are highly automated, and the company makes use of the latest industrial automation techniques and technologies in its own factories. Regular manufacturing assessments and upgrades ensure that the most efficient processes are always in place. Additionally, rigorous inspection techniques such as solder paste inspection, automated optical inspection, furnace temperature inspection, in-circuit testing and functional testing of the finished assembly ensure world-class quality. Meanwhile, statistical process control is used to monitor process consistency.
Inovance is headquartered in Shenzhen, China, and has built a global operation with offices and facilities in Germany, France, Italy, Spain, Turkey, India, South Korea, and China. Additionally, the company has a strong network of distribution partners covering all global regions including North and South America, Russia, the Middle East, and Africa.