Under his leadership ams has embarked on a radical transformation and has significantly reduced its historically broad portfolio of products to focus on the design and manufacture of advanced sensor solutions.
“Since 2015 we have changed direction. While ams was significantly smaller than some of the divisions I had managed previously, the portfolio was compelling. When I met the team and the employees I was impressed at their creativity and innovation and knew that I could take this ‘raw diamond’, polish it and create a lot of value,” Everke says.
Major changes to the portfolio followed and today the company is focused on delivering sensors across a number of key vertical markets and, under Everke’s leadership, the company has been set some aggressive targets over the coming years.
Ambitious growth targets
“We’re looking at growth of over 40 percent p.a. over the coming three years and my responsibility is to deliver that. Our growth will be driven by focusing on specific technologies that are capable of addressing the megatrends we see around us.
“Sensors are everywhere and are used in everything from smartphones to industrial automation, and demand has been further boosted by the rise of the Internet of Things. With new applications constantly under development we identified the sensor market as being the most exciting one within the semiconductor industry.”
The repositioning of the company to capture these growth opportunities has not only required the better management of the company’s portfolio but the creation of a dynamic management team, in order to execute the strategy, and the delivery of a dynamic corporate culture that embraces change.
“Change is a constant. You have to accept that and embrace it. Whenever I speak to analysts and investors I make it clear that our aim is constant change and continual transformation. Technology is moving so quickly that if we stand still, we’ll miss out.
“The better management of our portfolio means that we are focused on four areas, or pillars,” Everke explains. “These are optical sensing, imaging sensing, audio sensing and environmental sensing.”
That ‘better management’ of the portfolio has resulted in the company divesting itself of certain units while at the same time making a series of acquisitions.
“We sold specific lines, such as our NFC and RFID reader wireless product lines to STMicroelectronics, while buying companies that would enable us to generate a leading position across a number of sensing technologies.
“It’s important that we have the right people in the right place and be able to offer a complete solution,” Everke suggests.
Among the acquisitions that have been are CCMOSS in the UK andMAZeT in Germany to strengthen the company’s position in spectral sensing. Additional acquisitions have been made in high end imaging sensor capabilities in a move to open up the machine vision market, as well as strengthening the company’s position in the industrial and medical segments.
“This year we acquired Heptagon, a high end optical packaging specialist and Princeton Optronics to enhance our 3D sensing, AV/VR and autonomous applications.
Four core market segments
“By buying IP, technology, people and gaining access to customers this programme of acquisitions is strengthening our position in our four core market segments. Looking to the future, we will continue to look at acquisitions, but only if a company’s technology helps us to differentiate further,” he explains.
“Our aim has to be that we invest in core areas where we have better and more competitive technologies than our main competitors.”
To deliver this it’s been critical that the company’s corporate culture has been aligned with its business strategy.
“We need a corporate culture that underpins the development of unconventional thinking and one that empowers our workforce, but holds them accountable.
“When I joined, I was impressed by the people, they were really engaged. We need to be seen as a trusted partner but also as a thought leader in this space.” Everke continues, “Our aim is to turn ams into the leading sensor solutions company and that means developing our core sensor solutions expertise and working to differentiate and offer clear leadership in this market.”
Going forward the company will look to address more segments beyond those in which it is currently active.
“We see sensors playing a pivotal role and we need to be positioned to exploit this trend. The whole market is exploring and developing the interface between analogue and digital and we need to be in a position to create new applications using the best technical solutions.”
A significant trend is sensor fusion, he suggests.
“It’s a crucial part of our strategy. We need to work to better integrate different sensor modalities, and that’s where our acquisition strategy has such an important role to play. We want to be in a position to integrate different sensor abilities onto one chip, along with offering more sophisticated packaging and interface options.”
The importance of integration was highlighted by the company’s decision not to divest itself of its wireless capabilities.
“Sensors need to communicate with one another and we want to be able to offer our customers a complete solution. The parts of the business we divested were not core to our business going forward,” Everke explains. “Looking to the future there are sensor technologies we do need to strengthen - whether that’s smell, vision or audio - if we are to support trends that are developing and unfolding.
“We want to be in the position to shape this market,” he concludes.