We have been awarded: TRAPO is TOP 100-Innovator 2021!
We received this largest and most important award in the German SME sector for special innovations. In challenging times, we were able to strengthen industries that secure supplies in particular through targeted automation and the use of autonomous systems.
We are proud of this award – and take it as an incentive for the automation mission of the future!
Get to know Top 100 Innovation Competition
Every year, more than 3000 companies apply for the most important medium-sized business award and the associated admission to the “Club of Excellence”.
The companies are evaluated depending on the number of employees in 3 classes according to:
- up to 50 employees
- 51 to 200 employees (TRAPO applied there)
- companies with more than 200 employees
The report card for TRAPO: The average top score, ennobled with an “A+” for three of four areas: for innovation-promoting top management, innovation climate, and innovative processes and organization. Only External Orientation/Open Innovation was rated “A-.”
The “A” rating is awarded to companies that have unusually professional innovation management, even by international standards. “Companies with this rating set standards,” said Frank. “The probability of future innovation success is very high.”
Get to know the award
This is where the German innovation elite is selected: Top 100 is the only competition in Germany that honors innovation management – and thus a benchmark for the innovative strength of medium-sized companies. Companies from the manufacturing sector are represented as well as service providers, global market leaders and start-ups. The winners are admitted to the Club of Excellence. Top 100 also underscores the attractiveness as an employer and reliable partner.
A maximum of 100 companies will be honored in each size category.
Only those who think they have a chance of reaching the finish line will be considered. This is because almost 40 percent of applicants fail to meet the strict selection criteria.
Using an extensive questionnaire, the independent jury evaluates innovative capability on the basis of an independent, scientifically based procedure. To determine the TOP 100, a mixed, weighted innovation index is calculated from all the variables in the qualification and final questionnaire.
The analysis includes a total of well over 100 indicators in five categories, which are explained in more detail below. The analysis covers both innovation successes already realized (realization analysis) and, above all, the future innovation potential (potential analysis) that companies have built up through the specific design of their innovation management.
The overall evaluation is carried out in a rating from A to G.
Together with mentor Ranga Yogeshwar, TOP 100 honors the most innovative companies in the German SME sector. In the TOP 100 competition, scientists led by Prof. Dr. Nikolaus Franke and his team from the Chair for Entrepreneurship and Innovation at the Vienna University of Economics and Business Administration and Professor Dr. h.c. Reimund Neugebauer, President of the Fraunhofer-Gesellschaft, examine the innovation management and innovation success of the participating medium-sized companies on the basis of over 100 parameters in five categories.