Wibu-Systems Success: Record Bonus and Strategies in 2023

Merry Christmas Wibu-Systems delights employees with record payout

2024-09-30 Source: Wibu-Systems | Translated by AI 1 min Reading Time

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The software specialist Wibu-Systems is distributing a record amount of 1.5 million euros to its employees...

Applause, applause, applause! Wibu-Systems has managed to hold its ground well in the market in recent months. This resulted in a record performance, which also pleases the employees. Because they get a decent piece of the "pie"...(Image: Wibu-Systems) — Applause, applause, applause! Wibu-Systems has managed to hold its ground well in the market in recent months. This resulted in a record performance, which also pleases the employees. Because they get a decent piece of the "pie"...
(Image: Wibu-Systems)

Wibu-Systems, a globally known provider of software protection, licensing, and security, was extraordinarily successful in the crisis-ridden year of 2023. This success is attributed to the commitment to the “Made in Germany” quality standard, prudent management of critical supply chains, success in the Chinese market, and the company's ongoing innovative strength. The company honored this triumph with a record bonus of 1.5 million euros for the permanent employees at the Wibu headquarters. This result, a highlight in the company's 35-year history, is based on the convergence of several important factors. This includes the global digital transformation driving increased demand for IT security and licensing opportunities, with the Chinese market developing particularly positively for Wibu-Systems.

Scored with full control of the supply chain

But the competent and prudent management also played a crucial role by taking preventive measures to overcome the uncertainties in the global political and economic environment and bringing the entire supply chain under local control. Establishing a largely local supply chain has several advantages. It leads to reduced environmental impacts, shorter delivery times, incentives for the local economy, reduced risk of supply chain disruptions, and increased flexibility. The latter is because changes—when one has full control—can be made more easily and adjustments to market needs can be implemented more quickly, as the company explains.

“This article was first published on our sister portal "Industry of Things" (German Edition), Vogel Communications Group.“

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