Codipro, Proximus NXT and Luxinnovation

Success story of an innovative SME at the forefront of innovation

Press Release
10/06/2021
Telecoms
Texte alternatif
With the support of Luxinnovation and the Ministry of the Economy, CODIPRO implemented an innovation project aimed at strengthening the authentication and traceability of its products. To achieve this, the company collaborated with the Proximus NXT teams, leveraging the possibilities offered by blockchain technology. This innovative approach enables the company, which specializes in lifting equipment, to strengthen its position as a global leader in this market.

As a Luxembourg-based industrial company, CODIPRO manufactures lifting accessories that it distributes worldwide. The company enjoys an excellent reputation in its market, meeting the needs of many sectors that handle heavy loads using mechanical equipment. In order to maintain its leading position and respond more effectively to its customers’ requirements, the company is constantly seeking to innovate. “This is reflected in particular in the implementation of digital solutions to support our business,” explains Christophe Losange, Managing Director of CODIPRO, a member company of the ALIPA Group. “One of our latest completed projects, CODITRACER, was aimed at ensuring the authentication of our lifting rings and facilitating access to the documents associated with them, particularly to combat counterfeiting and ensure the safety associated with the use of our lifting rings.

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BLOCKCHAIN TO ENSURE PRODUCT COMPLIANCE AND PROVIDE A BETTER USER EXPERIENCE

To implement this project, the company chose Proximus NXT as its technology partner. “Our goal was to leverage blockchain technology, in particular to digitize and make all the documentation accompanying our products available to our customers, namely a certificate of conformity and an instruction manual,” explains Christophe Losange. The use of lifting rings, which are safety equipment, is regulated in many cases. Users must be able to demonstrate the authenticity of the products.

The information is now recorded on the blockchain. As the technology cannot be compromised, it ensures the integrity and authenticity of the documents. “The technological solution we have implemented addresses several challenges. It enables us to improve customer service, as customers can now access all the information they need without delay. The technology also allows us to improve the traceability of our products, potentially identify users, and access information that we did not always have in the past,” adds Christophe Losange. “This enhanced authentication and traceability has enabled us to introduce a seven-year warranty on our products.”

The initiative also takes an environmentally friendly approach, as it eliminates the need to use plastic packaging for the documents.

 

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STAYING AT THE FOREFRONT

“For CODIPRO, as a global leader, it is important to ensure that we remain at the forefront. Innovation enables us to stay ahead of our competitors and allows us to better serve our customers,” says Christophe Losange. However, implementing innovation projects as an SME is far from straightforward. “One of the challenges for a company of our size is finding a partner who is both reliable and accessible, capable of understanding our business needs and delivering a solution to meet them,” continues the Managing Director. With its strong expertise in blockchain technology, Proximus NXT was able to translate our needs into an effective solution and address them. The project was developed within six months.
“We are delighted to have been able to support CODIPRO in this cutting-edge innovation project and, in our own way, contribute to strengthening its position as a leader in its market,” explains Gérard Hoffmann, CEO of Proximus Luxembourg.

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AN INNOVATION PROJECT SUPPORTED BY THE PUBLIC SECTOR

In addition, CODIPRO was able to benefit from government support schemes for innovation, which made this project possible. To this end, the company relied on the advice of Luxinnovation, which guided it through the process and helped it prepare a strong application, opening up funding opportunities. “It is important to be able to rely on an agency that supports innovation, one that can challenge our project and help us structure it so that we can make a stronger case to the Ministry of the Economy,” explains Christophe Losange. “Both at Luxinnovation and at the Ministry, we were impressed by the rigor and professionalism with which applications are handled. We received genuine support from highly available and open-minded contacts. The process goes beyond simply checking applications, with a genuine desire to help companies strengthen their position through innovation.”

Today, CODIPRO’s digitalization and innovation efforts are enabling the company to pursue a positive trajectory. By remaining at the forefront, the company is able to maintain its market share in the face of low-cost competition. “The data we can access through the technological solution also enables us to better understand our customers and our markets. We can therefore respond more effectively to their needs,” concludes Christophe Losange.

Luxinnovation’s role is to support companies in their research, development and innovation efforts and help them evolve. To achieve this, the first step is to listen to them and understand their objectives. Depending on their needs, we involve the Luxinnovation services best suited to their situation and guide them towards the most appropriate tools to help them innovate.

In the case of CODIPRO’s CODITRACER project, the Corporate RDI Support team took charge of the application, and I personally handled the support. I was all the more pleased to do so because I have known the company for a long time and have also supported several projects involving other companies within the ALIPA Group in the past. We held several joint meetings concerning the company’s due diligence and the structuring of the project, right through to the submission of the application to the Ministry of the Economy, which received a positive assessment.

About Proximus NXT

Proximus NXT Luxembourg supports all organizations in their digital transformation, by providing holistic ICT & Telecommunication solutions, as well as tailored managed services. With our partners and customers, we co-create opportunities and enable growth in a secure and sustainable manner. As a result of our unique expertise in next-gen IT services, mobile and advanced connectivity, we help our customers achieve their ambitions and realize their vision. Together with them and our partners we implement sovereign and trusted solutions that make people work smarter. www.proximusnxt.lu