Ten years after its launch, it is interesting to look back at the history of SMARTEC and see how a research project at the Swiss Federal Institute of Technology in Lausanne was turned into a successful company considered a leader in the domain of structural health monitoring, now part of a multinational group. We believe that the lessons learned in this process could be of interest for other researchers who have developed a new technology and feel the same entrepreneurial enthusiasm. We will show how the success of SMARTEC resulted from the combination of technology, partners, service, and sales strategy.
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