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Dow Jones News
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Linde AG: Linde's Digital Base Camp named 'Best Innovation Lab 2018'

Dow Jones received a payment from EQS/DGAP to publish this press release.

DGAP-Media / 2018-06-26 / 15:17 
 
*Linde's Digital Base Camp named "Best Innovation Lab 2018"* 
 
Munich, 26 June 2018 - Technology Group The Linde Group has been named "Best 
Innovation Lab 2018" for its Digital Base Camp, also ranking number one in 
the category "Industry". The award is presented by the renowned business 
magazine Capital and the company Infront Consulting & Management GmbH. 
 
In addition to coming top in the category "Industry", the Linde Digital Base 
Camp was ranked among the top four innovation labs out of almost 60 German 
companies that were analysed in this study. 
 
"We are delighted by this award and it further strengthens our commitment to 
systematically driving our digitalisation strategy," says Dr Christian 
Bruch, Member of the Executive Board of Linde AG responsible for Innovation 
and Digitalisation. "One thing is clear: digitalisation is a game-changer 
for industrial companies such as Linde, and we want to be in the best 
possible position to capitalise on these changes. Leveraging data 
intelligently is thus at the heart of everything we do at the Digital Base 
Camp. We want to harness data assets to further improve internal Group 
processes, for example, and to develop new services for customers." 
 
To bundle digitalisation efforts and anchor them throughout the company, 
Linde established its Digital Base Camp in August 2016. The digitalisation 
team comprises, on the one hand, employees who have already gained multiple 
years of experience working in Linde's traditional lines of business and, on 
the other, data specialists, software developers and experts who have joined 
Linde from the digital community. The team is rounded out with specialists 
from technology start-ups and universities (for example the Technical 
University of Munich) and with partners from innovation platforms that Linde 
has formed alliances with such as STARTUP AUTOBAHN powered by Plug and Play. 
 
"Our digitalisation experts at the Digital Base Camp and employees from our 
traditional lines of business work closely together in small teams. 
Together, we develop new products and services within three months as part 
of our accelerator process. Only innovations that prove successful within 
this timeframe are developed further and transitioned to our core business," 
explains Philipp Karmires, Head of Digitalisation at Linde. 
 
The team is also developing a systematic methodology to support the digital 
transformation process at Linde. The aim is to advance digital maturity 
across the entire organisation. Based at Pullach, near Munich, and in 
Singapore, the Digital Base Camp is ideally positioned for both the European 
and Asian markets. The Digital Base Camp in Singapore, which opened in 
February of this year, will develop and test global products and services. 
The company believes that these solutions will especially benefit from the 
fact that customers in Asia are particularly quick to adopt innovative 
technologies. 
 
In the 2017 financial year, The Linde Group generated revenue of EUR 17.113 
bn, making it one of the leading gases and engineering companies in the 
world, with approximately 58,000 employees working in more than 100 
countries worldwide. The strategy of The Linde Group is geared towards 
long-term profitable growth and focuses on the expansion of its 
international business, with forward-looking products and services. Linde 
acts responsibly towards its shareholders, business partners, employees, 
society and the environment in every one of its business areas, regions and 
locations across the globe. The company is committed to technologies and 
products that unite the goals of customer value and sustainable development. 
 
For more information, see The Linde Group online at www.linde.com [1] 
 
*Further information:* 
 
Media Relations 
Dr Thomas Hagn 
Phone +49.89.35757-1323 
 
Contact: 
Person making the notification: Matthias Dachwald, External Communications 
 
End of Media Release 
 
Issuer: Linde AG 
Key word(s): Enterprise 
 
2018-06-26 Dissemination of a Press Release, transmitted by DGAP - a service 
of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
The DGAP Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language: English 
Company:  Linde AG 
          Klosterhofstraße 1 
          80331 München 
          Germany 
Phone:    +49.89.35757-01 
Fax:      +49.89.35757-1075 
E-mail:   matthias.dachwald@linde.com 
Internet: www.linde.de 
ISIN:     DE0006483001, DE000A2E4L75 
WKN:      648300, A2E4L7 
Indices:  DAX 
Listed:   Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime 
          Standard), Hamburg, Munich, Stuttgart; Regulated Unofficial Market 
          in Hanover, Tradegate Exchange; SIX 
 
End of News DGAP Media 
 
698891 2018-06-26 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=b0cc358d07ae7a1fe4a16b836115a739&application_id=698891&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

June 26, 2018 09:17 ET (13:17 GMT)

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