Empowering, digitally: Wolters Kluwer is another software company which develops expert solutions that endeavour to achieve the same thing – provide customers with the right information, packaged in the right way, at the right time, and at the point of maximum impact. Nowhere is that clearer than in their healthcare end-market, where their expert solution UpToDate puts the latest science and evidence into the hands of doctors to get the best outcomes. They leverage physician-authored clinical data points and synthesize all of that data into trusted evidence-based recommendations that are proven to improve patient care, quality and outcomes.
The above-mentioned data crunchers and solution providers are fully entrenched in their customers’ processes and their solutions deliver enormous value-add at a relatively low cost. In that sense they are very hard to displace and customers are sticky, giving them a very stable and recurring revenue base from which to grow.
The Enablers: Big Data, the Internet of Things, autonomous driving, AI, 5G mobile networks – they are a lot more than title-grabbing catch phrases. They are our technological future, and this future is only possible because of semiconductors or microchips. Storing data and processing data are all possible because of these tiny, barely visible electronic components that have become the building blocks of our modern society. Infineon is a world leader in semiconductor solutions and is particularly exposed to the automotive end-market (40%) where the energy transition is well underway with the growth of Electric Vehicles (EVs), which require multiples of microchips per car relative to legacy ICE (Internal Combustion Engine). But these complex microchips wouldn’t even be possible without the machines that build them, particularly those provided by ASML. This Dutch company’s unique lithographic systems are used to make the machines used by semiconductor manufacturers worldwide. They have a monopoly in the next generation tool, EUV (Extreme Ultraviolet Lithography), which is crucial to deliver nextgen microchips. Semiconductors are the backbone of a smart and connected world, and none of that would be possible without ASML’s technology.