ADVANCED ENERGY INDUSTRIES, INC. Overview
Company Headquarters: Colorado, US
Founded: 1981
Workforce: ~10,917
Company Working: Advanced Energy Industries, Inc. (AEI) is a global electrical and electronic manufacturing company. AEI serves semiconductor equipment, industrial, manufacturing, telecommunications, data center computing, and medical. It operates through over 25 locations across the globe. The company has divided its business segments into semiconductor equipment, industrial & medical applications, data center computing, and telecom & networking, however only two reporting segments for convenience namely, products and services. AEI holds expertise in designing, manufacturing, sell, and support precision power products that transform, refine, and modify the raw electrical power. Also, the advanced temperature measurement and control, electrostatic instrumentation products for test and measurement application, and gas sensing and monitoring solutions for multiple industry verticals.
Strategy
Advanced Energy Industries, Inc. aims to focus on evolving the ways of collecting, computing, storing, and transmitting the data to enable the transformation of human lives. With the advancements of technology such as advanced computing, data storage, IoT, and high-speed connectivity, the company has adopted complex analytics to enhance their business productivity. Additionally, AEI focuses on its growth strategy through business expansion by acquiring new businesses, continuing investments in R&D, development of applications, and so on. Adding more, the company focuses on diversifying its product portfolio and economic value through expertise generating higher revenues.
