GEC NEWS WIRELeading audio solutions manufacturer capitalizes on regional demand for high-quality systems to meet teleconferencing, wireless audio transmission and broadcasting needs
Increased regional adoption of conference and translation systems, the Middle East broadcast industry’s ambitions to match global standards in audio systems design and deployment and an increased usage of wireless audio systems in smart classrooms, has resulted in another year of significant double-digit growth in the Middle East for the Sennheiser Group. The company recorded an unprecedented 62% year-on-year (YOY) increase in gross profit in the region owing to a number of project wins in the education and hospitality sectors and a notably strong performance in the consumer electronics segment in which the company saw revenues increase by 52% in 2013.
Mig Cardamone, sales and marketing manager at Sennheiser Middle East believes that the fresh wave of spending in the region presents a huge opportunity for the company. “There is no doubt that market confidence has returned and investments are now in full swing. It is an exciting time to be a part of this development. Our success has been due to our ability to act quickly and to leverage our strong product portfolio, extensive partner and distributor network and streamlined regional logistic and supply chain capabilities. In 2013, we managed to make inroads into a number of new vertical markets as an increasing number of organizations have begun to explore the possibility of utilizing professional audio solutions to gain competitive advantage,” he said.
Looking forward, Sennheiser has clearly defined its strategy for 2014. With new solutions for teleconferencing and mobile digital audio streaming, the company hopes to diversify its offerings and tap into new markets. “TeamConnect is an all-in-one teleconferencing solution for small meeting rooms that brings professional audio quality and standards into an area of the market that could truly benefits from such advancements,” said Cardamone.
