The VECTOR Group has such a long history that in my memory it is a manufacturer of telecommunications equipment. But maybe this categorisation, which I date back to over a decade, is no longer valid?
Today, we are a completely different company than we were ten years ago. In 2016, we decided to break down the most important business divisions into separate brands, as the company became simply too large and its internal structure was too complex to be managed in an effective way.
In addition, business divisions became substantively distant to the extent that our development objectives related to the distribution, production, integration and service sections often ceased to converge. The decision regarding the division was also determined by the expectations of our customers, who come from different market segments, which varies their technical and organisational requirements.
The division of the company into smaller parts has accelerated the development of autonomous companies whose competencies respond to differing market needs because it has enhanced and boosted our organisation. Before the division, the company’s revenues were close to PLN 100 million a year, now they are to the order of PLN 180 million, which is almost twice as high, which confirms that we took the best possible decision to scale our business.
But where did the idea to engage in electronics manufacturing services (EMS) activities under VECTOR BLUE HUB come from? This actually thematically deviates from the consistent model of the company related to telecommunications.
First of all, the VECTOR Group has for a long time evolved towards a service company specialising in the integration of systems. The production of electronic devices on behalf of third parties, both large and medium-sized, has accompanied us for a long time, even before the division of the company into a group of subsidiaries. We have implemented many international original equipment manufacturer (OEM) projects for Tier 1 companies such as, among many, Motorola, Arris, and Cisco. We were manufacturing and designing circuit boards for them, provide surface mount services and rapid prototyping for big data devices, box build and then also certifying products, thanks to which we have gained competence in the areas of technology and learned the specificity of working with the best companies in the market.