On the Leading Edge… or Behind the Curve?
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The Economic Benefits of Standardization
The German Institute for Standardization (DIN) commissioned a research study to determine the value of standardization to corporations. The study was developed from questionnaires sent to over 4,000 companies in 10 industry sectors, selected at random, in Germany, Austria and Switzerland. The final report on that study, entitled “The Economic Benefits of Standardization,” was published in August 2000, and the findings continue to ring true…maybe even more so, in today’s competitive economic environment.
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