ANNUAL REPORT 2008/09 - Sonova
ANNUAL REPORT 2008/09 - Sonova
ANNUAL REPORT 2008/09 - Sonova
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<strong>Sonova</strong> also sets itself apart from its industry peers<br />
by developing its products and services in a way that is<br />
systematically and effi ciently geared to the needs of<br />
hearing specialists and end users. Every hearing system<br />
fi rst needs to be correctly fi tted by the hearing specialist<br />
in order to maximize its performance and ensure that<br />
it brings a real value-added contribution to the end user.<br />
The success of this service provided by the hearing specialist<br />
is not only dependent on the right products off ered,<br />
but also on the quality and effi ciency of the consulting.<br />
With its two core brands Phonak and Unitron, <strong>Sonova</strong>’s<br />
main activity is the wholesale business. Here the Group<br />
Companies in an individual country supply the products<br />
indirectly to end users through independent retailers,<br />
chains or state institutions. The Group also owns some<br />
retail outlets in selected countries. This enables the company<br />
to gain direct access to the end user and not only<br />
indirectly via distribution partners. This is important,<br />
as <strong>Sonova</strong> is able to get a better idea of customer requirements,<br />
so that it can incorporate these ideas when it<br />
comes to the development of the next product generation.<br />
The experiences and knowledge gained from its own<br />
retail activities also put <strong>Sonova</strong> in a better position to<br />
support its wholesale customers more eff ectively.<br />
<strong>Sonova</strong>: leader in technology<br />
At <strong>Sonova</strong>, the main focus of innovation lies in technology<br />
and product development. Within the Group this is<br />
mainly undertaken by the research and development<br />
departments, which are deliberately separated from each<br />
other in organizational terms. In research, <strong>Sonova</strong> is<br />
active in all areas of technology relevant to both hearing<br />
systems and communication technologies. In many<br />
joint research projects with leading international universities,<br />
innovative advances are made in the principles<br />
16 INNOVATION<br />
of audiological research, signal processing and communications<br />
technology, as well as in the fi eld of acoustics<br />
and materials science. While the focus in research is mainly<br />
on more long-term trends, the development department<br />
concentrates on bringing new functions and improved<br />
systems to market maturity as quickly as possible. A central<br />
task in development is to implement technologies<br />
in a way that allows them to be used effi ciently in diff erent<br />
product families.<br />
In the hearing healthcare industry, a high-performance<br />
hardware and software development platform is the foundation<br />
for new and enhanced hearing system functions.<br />
<strong>Sonova</strong>’s platform is the industry’s fastest, most powerful<br />
and cost-effi cient development model, which is being<br />
continuously refi ned. The CORE platform introduced in the<br />
fi nancial year 2007/08 is already the fourth generation,<br />
and is recognized as the industry’s most advanced audio<br />
processing platform. 6 high-performance processors<br />
and over 8 million transistors ensure that the hearing system<br />
can execute around 120 million operations per<br />
second. In the fi nancial year <strong>2008</strong>/<strong>09</strong> Phonak managed to<br />
establish its entire portfolio of hearing systems on the<br />
CORE platform. In the current fi nancial year Unitron will<br />
also launch the fi rst CORE-based products on the market.<br />
<strong>Sonova</strong>’s platform concept is unique to the industry.<br />
All business activities, not only research and development<br />
eff orts, are focused on the whole platform and not just<br />
on single products.<br />
Hearing system innovations<br />
Portfolio<br />
In the fi nancial year <strong>2008</strong>/<strong>09</strong> the emphasis was not only<br />
on the launch of individual products but most importantly<br />
on rounding off <strong>Sonova</strong>’s portfolio. Under the Phonak<br />
brand, <strong>Sonova</strong> is the only market player to off er a com-