Transformation to Solutions Provider & Digital Transformation talk w Belden - @ARCadvisory Forum '23
Transformation to Solutions Provider & Digital Transformation Journey Interview with Jeremy M. Friedmar, Director of ProductΒ ...
Vice President of Investor Relations, Belden
Search every verified Aaron Reddington interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. In a September 2023 interview at the ARC Advisory Forum, Jeremy Friedmar, then Director of Product at Belden, discussed the company's transition from a wire and cable manufacturer to a provider of end-to-end industrial solutions. Friedmar stated that Belden, founded in 1902, began expanding its focus beyond wire and cable around 2004 following a merger with Cable Design Technologies. He said that in recent years the company has been "deliberate about offering true end-to-end solutions" to help customers achieve Industry 4.0 goals. Friedmar described Belden's investments in three areas: an industrial edge solutions portfolio, customer innovation centers, and an ecosystem partner program. He said the company aims to provide customers with flexibility to connect to any data source and send operational data to any destination, and that this agnosticism extends to edge applications. Friedmar noted that Belden has partnered with AWS, citing work to certify the Hirschman Op Edge 8D Industrial Edge gateway to run IoT Greengrass, which would be housed in the Belden Horizon app store. He attributed Belden's potential success in this space to its experience in OT networking, cybersecurity, and operational data pre-ingestion.
“Throughout our history, which actually goes back to 1902, Belden's focus has been on wire and cable. We have been a wire and cable manufacturer, but when we go back to around 2004 following our merger with Cable Design Technologies, we deliberately tried to expand our focus beyond wire and cable to incorporate other no...”
“Within the last couple of years, we've really been deliberate about taking this bundle of products and being deliberate about offering true end-to-end solutions to our customers because we feel that we really need to provide additional value to them to realize their industry 4.0 goals.”
“As we began our journey to a solutions provider, we started by incorporating some very well-recognized brands into our portfolio, brands like Hirschman on the industrial networking side, or Lumber Automation with industrial connectivity or ProSoft Technology with industrial gateways.”
“We've been deliberate about making investments into three additional categories: the creation of an industrial edge solutions portfolio, the creation of what we call customer innovation centers, and the development of an ecosystem partner program.”
Transformation to Solutions Provider & Digital Transformation Journey Interview with Jeremy M. Friedmar, Director of ProductΒ ...
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