ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Agilent Again Named “Global Lighthouse” by World Economic Forum for Manufacturing Innovations

Agilent Technologies Inc. (NYSE: A) today announced the company’s manufacturing facility in Waldbronn, Germany, has been named a Global Lighthouse by the World Economic Forum (WEF) for innovations that boost productivity, output, and quality.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231214650148/en/

Agilent's manufacturing facility in Waldbronn, Germany (Photo: Business Wire)

Agilent's manufacturing facility in Waldbronn, Germany (Photo: Business Wire)

The recognition showcases Agilent’s Waldbronn facility as a model of smart manufacturing enabled by Fourth Industrial Revolution (4IR) technologies, such as artificial intelligence and machine learning, robotics, data analytics, and the industrial internet of things (IIoT).

Only 153 manufacturing facilities worldwide have received the Lighthouse distinction from WEF, and Agilent is the sole analytical and clinical laboratory technology company among them. It is the second Agilent facility to be named a Lighthouse, after Agilent’s Singapore site in 2022.

Agilent’s Waldbronn facility manufactures high-performance liquid chromatography (HPLC), a technique to separate and detect a wide range of non-volatile organic chemicals. HPLC has numerous applications, from quality control in drug production to the analysis of crime scene samples. The Waldbronn site also produces automated electrophoresis and liquid chromatography supplies.

To earn the Lighthouse designation, the Agilent team rapidly developed, piloted, and scaled smart manufacturing technologies while navigating a period of unprecedented demand and supply chain disruption. The efficiency gains resulted in a 35% increase in manufacturing quality, a 44% increase in productivity, and a 48% increase in output.

“Agilent’s high standards of excellence in our instruments, consumables and services are rooted in our global manufacturing operations,” said President and CEO Mike McMullen. “I am proud of the Agilent team for these impressive results. Our customers benefit from these innovations because they allow us to deliver industry-leading products while quickly and efficiently meeting their needs, even in dynamic, ever-changing conditions.”

Agilent’s Order Fulfillment and Supply Chain division (OFS), which oversees the company’s global manufacturing and supply chain operations, has deployed a variety of 4IR applications at scale, from supply chain reliability prediction and rapid control to predictive cost modeling and digital product simulation.

“When many manufacturers were challenged to fill orders amid pandemic-related supply chain shortages, the Agilent team continued delivering orders on time, increasing customer satisfaction and expanding market share,” said Henrik Ancher-Jensen, head of Agilent’s OFS division. “We have the best team in the business, and this recognition from the World Economic Forum is another testament to their commitment, talent and ingenuity.”

McKinsey & Company defines 4IR as a leap in technology through intelligent computers that is transforming industry and the economy, just as steam propelled the original Industrial Revolution, electricity powered the second revolution, and early automation and machinery engineered the third industrial revolution.

"Lighthouses are pioneering a path to unprecedented global impact, strategically weaving innovation throughout their expansive network—sculpting both a sustainable future and an era of transformative and lasting change,” said Kiva Allgood, head of WEF’s Centre for Advanced Manufacturing and Supply Chains.

Read more about WEF's Lighthouses, including Agilent's Waldbronn facility, in their new white paper.

About the WEF Global Lighthouse Network

The Global Lighthouse Network is a collaborative platform bringing together forward-thinking manufacturers leading the charge in adopting Fourth Industrial Revolution technologies. Leveraging innovations like artificial intelligence, 3D-printing, and big data analytics, Lighthouses drive efficiency, competitiveness, and transformative business models at scale, fostering economic growth while championing workforce augmentation and environmental protection. Learn more at WEForum.org.

About Agilent Technologies

Agilent Technologies Inc. (NYSE: A) is a global leader in analytical and clinical laboratory technologies, delivering insights and innovation that help our customers bring great science to life. Agilent’s full range of solutions includes instruments, software, services, and expertise that provide trusted answers to our customers' most challenging questions. The company generated revenue of $6.83 billion in fiscal 2023 and employs 18,000 people worldwide. Information about Agilent is available at www.agilent.com. To receive the latest Agilent news, subscribe to the Agilent Newsroom. Follow Agilent on LinkedIn and Facebook.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  233.22
+4.06 (1.77%)
AAPL  278.85
+1.30 (0.47%)
AMD  217.53
+3.29 (1.54%)
BAC  53.65
+0.66 (1.25%)
GOOG  320.12
-0.16 (-0.05%)
META  647.95
+14.34 (2.26%)
MSFT  492.01
+6.51 (1.34%)
NVDA  177.00
-3.26 (-1.81%)
ORCL  201.95
-3.01 (-1.47%)
TSLA  430.17
+3.59 (0.84%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.