Jeremy Parks on business growth
From Belden's interview on BFM Business #JMLECO · · Belden Inc.
“Our core product started with cables, but through external growth, we now offer more comprehensive data management solutions to help clients orchestrate data and make better decisions in their factories.”
On , Jeremy Parks, Senior Vice President of Finance & Chief Financial Officer at BELDEN INC, spoke about business growth during Belden's interview on BFM Business #JMLECO on Belden Inc..
About Jeremy Parks
In a September 2023 interview on BFM Business, Belden Senior Vice President of Finance & Chief Financial Officer Jeremy Parks was represented by Aurélien Fabre, Vice President of Belden Solutions for the EMEA region. Fabre stated that Belden has expanded beyond its historical cable business to focus on data orchestration, helping industrial clients manage data within factories. He described digitalization as "non-negotiable" for maintaining competitiveness, particularly in Europe where labor costs are higher. Fabre argued that reindustrialization in Europe will only be effective through digitalization and automation, which he said would replace difficult tasks with robots and allow operators to focus on more value-added activities. Fabre also discussed Belden's community engagement, stating that the company offers employees the possibility to take humanitarian leave days annually to contribute to community actions, which he described as "quite rare in companies." He noted that Belden, founded in Chicago over 100 years ago, has grown through external acquisitions to offer more comprehensive data management solutions.