SMA Solar Technology AG (SMA) wins the annual Manufacturing Excellence Award (MX-Award) in the Product Innovation and Process Innovation categories. Each year, the MX-Award is awarded to leading companies for their innovative solutions and best practices. In German-speaking countries it is considered a kind of industrial benchmarking competition. SMA received the award for the effective implementation of highly efficient processes of long-term cost reduction and for its innovative methods in the development of new products. As pointed out by the jury, with surprising effectiveness SMA was able to ensure its future in a complex market and lay the foundation to continue to operate profitably in an increasingly digital world of energy.