Management Motivations is a new series of articles by Quectel’s senior executives that explores their management styles, approaches to the challenges of further developing the company and what drives them to lead and succeed.
Patrick Qian, CEO:
Number 4: Lessons learnt from the first ten years of Quectel
In 2019, just ten years after starting the company, Quectel's module revenue became No.1 in the world. This fulfilled my initial goal of becoming No.1 in the world and I'm extremely proud of this achievement. However, the achievement is the team's success. My philosophy is that I don't have to be important in this industry, but I hope that Quectel becomes more and more important for the industry.
The success of Quectel is mainly a result of the excellent work of our great team of people, led by top industry veterans like our President & CSO, Norbert Muhrer who brings a wealth of international management experience to our organization. I'm proud of gluing together this group of talented individuals so we can execute on our goal of contributing as much as we possibly can to the IoT world.
Beyond this, we have built a truly international company, with sales, technical support and R&D offices around the globe. From the very beginning, we wanted to be able to serve all types of customer in the IoT industry, large or small. Quectel is a company for the world.
Of course, progress isn't always smooth. Quectel has experienced numerous issues along the way. Before 2015, there were two years where growth was in stagnation. Before 2017, the company's cash flow was extremely tight for 3 consecutive years. However, we have worked hard to continuously improve our products, support and processes. For the last 5 years, Quectel has risen rapidly to its current position. I guess the speed of our growth has surprised many, especially our competitors.
In my leisure time I play various kinds of sports to have fun and stay healthy and I read – mainly to educate myself on how to run the company better. Quectel really is at the center of my life and I enjoy my work very much!
Management Motivations: Handling hyperscale deployments and fragmented customer demandsLearn more
Management Motivations: Putting in place structures for the next wave of successLearn more
Management Motivations: Logical progression delivers operational resultsLearn more