Test and measurement company Rohde & Schwarz said its revenue rose 5.2 percent to around EUR 1.92 billion or $2.13 billion in fiscal year 2015-2016 (July to June).

The number of employees at Rohde & Schwarz rose slightly from 9,900 to 10,000 on June 30, 2016.

Rohde & Schwarz said one important market that the group is addressing with its test and measurement (T&M) equipment is the wireless market. The largest contributor to the group’s positive financial results was again mobile communications T&M, despite a market environment that remained subdued. Telecom network makers Ericsson and Nokia posted dip in their latest quarterly revenues.

Rohde & Schwarz said it is now playing an active role in the development of two future technologies — fifth generation mobile communications (5G) and the Internet of Things (IoT) to enhance its revenue.

Rohde & Schwarz achieved above-average growth in the automotive business field though vehicle networking and electromobility are creating greater demand for test and measurement solutions in the automotive industry. The T&M market for the aerospace and defense industry was stable.

Rohde & Schwarz has a complete product line is available for high-resolution standards such as 4K and the brand-new HDR standard in the media and broadcasting industry. The group’s encoding and multiplexing solutions, in particular, are used for test operations and initial UHD TV services.

Rohde & Schwarz said that the German public broadcaster ZDF chose the R&S AVHE100 headend for the introduction of the new high efficiency video coding standard (HEVC). Sky is using the group’s solutions to process the signals for the new UHD TV programs, from ingest to playout to the headend.

Rohde & Schwarz has stepped up its investments in cyber security solutions. The electronics group has included this market of the future in its strategic focus and can draw on expertise from various business fields.

In fiscal year 2016-2017, Rohde & Schwarz expects to defend its position in its traditional markets. Based on its initial success, the German technology group is also confident that it will be able to further expand its new business fields.

Baburajan K