Issue 10 2020

CEO MONTHLY / ISSUE 10 2020 15 , The Knowledge Society The founding idea for TWT came about during Dimitris’ time at IBM. He could recognize the way in which engineering and information technology belonged together and that there needed to be an ongoing connection between the two areas. The TWT exists precisely at this interface, providing solutions for those who have high technology needs. The sectors that the TWT generally cater to are Automotive, Aerospace, Energy and Healthcare. These all need access to the latest developments in order to thrive. The idea of the business is that employees at the TWT develop economic value in order to fund the independence and growth of the company. In return, they gain added knowledge that drives each individual forward. The challenge for the team has been to develop not just as a business, but as a society built on knowledge. The TWT is and has been involved in over 68 academic research projects, with an incredibly qualified staff, 95% of whom are academic and 40% of whom hold doctorates. This is how the team manage to deliver exceptional results when required time and time again. It’s little wonder that since the company has begun operations, 13 of its team have become professors. Working with customers is a unique experience with the TWT. The team take the time There is an incredibly strong connection between information technology and engineering, but fewhave put thought into how the two factors work together. Dr. Dimitris Vartziotis, CEO of TWT GmbH Science & Innovation, is someone who has. It has brought him success in the Global CEO Excellence Awards where he was named Best Automotive Innovation CEO 2020 (Germany). We profile him, and his company, to see what he feels the future will hold. Jun20350 to understand the overriding and partly unspoken goals of the customer, developing an intensive customer relationship on various levels long before the actual project, taking into account all regulations. By maintaining these levels of transparency, both parties can remain in control of a project, which is a decisive factor in the firm’s success. When the firm first offered its services, Dimitris found that the market was local. This meant that satisfying a specific customer was the ultimate aim. Now, as globalization and structural changes within the industry are starting to take hold, there is a more complex network within which the team must work. The TWT has strengthened its partner activities, and complements its offerings by integrating the services of partners too. Leading a business with the central strategy of being a knowledge society is not easy. Being 100% self-financed is the only way to secure this as a goal. As such, Dimitris has worked tirelessly to ensure that despite all the challenges the TWT remains independent. Open and direct communication means that all staff know what is at stake, what is being earned and where the business is going. It’s an incredibly bold approach that has allowed them to continuer achieving astonishing things. Looking ahead, Dimitris is planning to focus in on the Big Three aspects of the business. To him, autonomous systems, e-mobility and digital services are the way forward when it comes to demand for high technology. Apart from this, the firm will continue as it has begun. Research into other fields will no doubt occur soon, and the business will continue to thrive. Under Dimitris’ leadership, the TWT has become an essential resource for those who want to find the latest in scientific development. The potent combination of information technology and engineering prowess has allowed the team to make incredible leaps – the achievements of the firm, however, are a credit to the principle of the knowledge society that has guided the way forward since the very beginning. Company: TWT GmbH Science & Innovation Name: Dimitris Vartziotis Web Address: www.twt-gmbh.de