IEC serves the market
Beauty unloved is beauty wasted. A parallel can be made for good ideas. Things don’t stop with home-built inventions. What would have become of Nikola Tesla’s alternating current induction motor without George Westinghouse to commercialize it?
Sometimes inventors bring their inventions to market themselves; sometimes they need businesspeople as backers. From small and medium sized businesses to large multinational corporations, companies stand as the results of using passion and commitment to transform ideas into products and services for the market.
Every day by using IEC standards companies create business opportunities, cut down on manufacturing costs and time, optimize testing and enter new markets. Assessing conformity of goods and services to IEC standards helps businesses to guarantee the high quality of their products and helps assure consumers that what they buy is safe to use and performs as expected.
But the IEC’s real impact is that it offers a technological foundation upon which business can innovate. Standards stabilize products and services in the market, giving companies a return on investment. This helps them to grow and go on to develop more products and services. In electrotechnology, where the inventors and engineers have always been intimately involved with the use society puts their creations to, the IEC’s technological expertise is what allows these developments to happen.