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Varispeed 2020 and beyond

21st January 2020

By: Creamer Media Reporter

     

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Varispeed is a proudly South African company and is part of the JSE listed Hudaco Trading group of companies.  Varispeed was founded in 1984 and is a specialist partner in electronic motor control and automation solutions to many local manufacturers and end users in a diverse range of market segments.

Being a Proudly South African company, Ralph Real, Managing Director at Varispeed South Africa, knows only too well the challenges facing business in the current economic climate. South Africans are generally resilient and always find the good, the humorous and the optimistic side of every situation. Although 2019 had some great national building moments with the Rugby World Cup win and Miss SA winning the prestigious Ms Universe competition, 2019 was a trying year for many sectors in the economy.

“Superior value, tough competition and strong differentiation were critical factors for Varispeed South Africa according to Ralph Real.

“Customers require real value at highly competitive pricing. The market is constantly changing and remaining dynamic, resilient and agile whilst exceeding our customers’ expectations are key factors to our ongoing success”.

Moving forward into 2020, Ralph believes that stability and reliability of state-owned service delivery will force businesses to adapt in order to remain viable and competitive. “2020 will be a challenging year as the market struggles to recover. In addition, we need to factor in our ongoing electricity crisis and the negative impact that this has on productivity, job creation and our competitiveness both locally and abroad” comments Ralph. Ralph adds that the energy crisis issues should be met by a stronger push from the industry for enhanced energy saving initiatives and alternative energy solutions.

Increasing international focus on Climate Change and the overwhelming evidence of the urgent need for reforms in this area will spill into local business to provide energy efficient and sustainable solutions. Environmental groups will become more involved and these factors will become part of key performance indicators. Business will be held accountable for their part in climate change and it will be more and more pronounced in business agreements. “We only need to look at the recent pressure placed on one of our competitors and the Adani Mining project by activists to realise that we can expect an increased level of scrutiny around climate change” says Ralph.

“Varispeed’s success in 2020 will be largely underpinned by our proven alternative energy and energy efficient solutions. We are also focusing more of our efforts on the mining sector as well as the manufacturing sector in the sub Saharan region as we have real value to assist these sectors.”

“Product reliability, performance and dependable expert service is what sets us apart. Varispeed remains close to the market and will continue to adapt and develop according to customer requirements to ensure that objectives are met” concludes Ralph.

Edited by Creamer Media Reporter

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