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Trevor Ness
Senior Vice President of Sales & Strategic Business Development, IPG PHOTONICS CORP

OSA Laser Congress 2016 Wrap - Trevor Ness, IPG Photonics

🎥 Nov 11, 2016 📺 Optica ⏱ 2m 👁 330 views
A discussion with Trevor Ness, Senior Vice President, IPG Photonics.
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About Trevor Ness

At the 2016 OSA Laser Congress in Boston, Trevor Ness, Senior Vice President of Sales & Strategic Business Development at IPG Photonics, discussed the company's performance and market position. Ness stated that IPG Photonics is "the world leader in fiber laser technology" and had recently reported a record quarter in sales. He attributed the company's growth to "displacement of incumbent laser technologies" and "an expanding total available market," adding that IPG has been bringing products to market that are "technically and commercially differentiating," which he said enables the company to grow both the market and its market share. Ness also highlighted the company's global presence, noting that IPG operates 11 application centers worldwide and was planning to open its largest macro application center in the United States in Marlborough, Massachusetts the following year. He described the OSA Laser Congress as "very important to IPG because it supports a lot of students," and noted that the company had been a primary sponsor of the program for three years and had renewed its sponsorship agreement for an additional three to four years.

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Transcript (7 segments)
I
Interviewer0:03
Hi, we're here at Laser Congress 2016 in Boston Massachusetts. I'm with Trevor Ness, Senior Vice President from IPG Photonics. Trevor, please tell me a little bit more about IPG Photonics.
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Trevor Ness0:19
Yeah, thank you very much for having us today. So IPG Photonics is the world leader in fiber laser technology. We just come off the back of a record quarter in sales. We are a very diverse company; we sell globally across a lot of markets. We're most famous, of course, for materials processing, which includes cutting, welding, marking, drilling, cladding, and suchlike.
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Interviewer0:45
You mentioned that you had a record quarter this year. Can you tell me a little bit more about where you see the trends in the market?
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Trevor Ness0:50
Well, we've been benefiting from displacement of incumbent laser technologies, and we've also been benefitting from an expanding total available market. So what IPG has been doing for many years is to bring a product to market which is technically differentiating and commercially differentiating. So we have two very strong arms that we're moving into the market with, and it's enabling us to grow the market and grow our market share within that market also.
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Interviewer1:23
Much of what we have here at Laser Congress is more applications based. Can you tell me why you support this meeting?
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Trevor Ness1:29
We have 11 application centers around the world at last count. We're opening up the biggest macro application center in the United States next year in Marlborough, Massachusetts, not too far from here. And the ASL Conference is very important to IPG because it supports a lot of students. So we are a primary sponsor for the program; I think for the last three years we just renewed our sponsorship agreement for the next three to four years. So it's very important because we think it's key to support students that are still in research. But we've also got the applications industrial side to the conference this year, and you know, we're a powerhouse in that part of the marketplace as well. So I think it's a good synergy for IPG.
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Interviewer2:13
Thank you so much for your time today. Signing off from Laser Congress 2016.