Investing in the future
CEOs share their views on the benefits of IEC standardization
Some of the world’s leading CEOs and CTOs have recently been interviewed by IEC Global Visions. From different perspectives, these captains of industry explained why, notwithstanding today’s economically challenging conditions, they were keener than ever to spend more time and invest more resources in IEC activities.
IEC International Standards are key to access global market
They spelt out how IEC participation had helped them reduce their existing operational costs, how IEC standardization had helped them pioneer innovation more effectively by enabling them to improve their design and production processes when launching new products.
They said that involvement in developing IEC International Standards allows industries, companies and countries to learn from each other. They added that when their standardization experts sat at the table where global trade rules are written, their varied technologies and business needs were properly considered.
They stressed in different ways that because of the IEC, every country and company is able to compete on a level playing field. This makes the IEC more important today than ever because it provides industry with what amounts to the gold-standard guidelines and certification to operate internationally in economically troubled times.
Eaton – Ensuring compatibility
In the interview, Thomas S. Gross, COO of Eaton and responsible for the company’s nearly USD 7 billion electrical business, underlined that most of the major global challenges, and the markets that emerge around them, depend directly on the ability to connect solutions from different suppliers. The transition from products to total solutions requires interoperability and more international standards. (read the full article in e-tech November 2012)
Goldwind – Sharing knowledge
Gang Wu is Chairman and CEO of Goldwind, the largest manufacturer of wind turbines in China, and among the largest globally. In the interview, he explains how active participation in IEC work allowed his company to jump development hurdles and learn from the mistake of others. How this shared knowledge helped improve wind turbine design, performance and reliability and ultimately built the trust needed to sell globally. In 2006 Gang Wu received the World Wind Energy Award. (read the full article in e-tech July 2013)
NIST – Global strategy, superior income
IEC Global Visions also interviewed George Arnold, Director of the Standards Coordination Office at NIST. In this interview, he explains how IEC International Standards contribute to reducing the cost of infrastructure development and modernization in the US. With them utilities have a bigger choice and are able to purchase products that are competitively priced because they have been developed for the world market. Ultimately this positively impacts electricity rates for consumers.
(read the full article in e-tech August/September 2013)