Optics Innovations
Thorlabs: Swimming in the Fast Lane
Thorlabs is taking a series of swift, precise strokes to meet its goals for aggressive growth.
Like many technology companies, Thorlabs has never been content with merely treading water. In 2011, the company’s growth was a healthy 18 percent over the previous year, and revenue broke through the $200- million-per-year mark. Last year was slightly slower, but the company still expects double-digit growth for 2012. Although Thorlabs’ legacy products represent the major portion of its revenue, new product development is also key to its sustained rapid growth. Here’s how the company compresses its time to market.
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