Founded in 2008 by two engineers previously employed by Schlumberger, Watt & Well has gone from a start-up in the Centrale Paris business incubator to an international SME conquering space. A glance over ten years of innovation.
Driven by excellence in power electronics
At the start, a simple idea – ensure the rapid delivery of power electronics engineering services to all oil and gas contractors. The founders, M. SCHMITT, actual CEO and M. IGLESIAS, head of engineering then working in the same team at Schlumberger got the idea to create Watt Consulting with the baseline “Rapid results in power electronics”. A successful bet for the start-up that got its first major contract in 2008 with an international technological leader in its field.
A commercial breakthrough
The same year, Watt Consulting earned the title of Young innovative company after significant investment in research and development. Thanks to the investment and its expertise in power electronics, the company launched a complete line of products for its oil and gas customers: the NAR products line is born. A commercial breakthrough for the start-up as its business grows and starts to diversify.
In 2016, Watt Consulting changed its name and became Watt & Well. The shareholding remains unchanged. This evolution underlines a shift in the business model since it includes now -on top of the consulting and expertise services, the production capacities of small to medium batches.
The company is thus based on three sites: an engineering center in Massy (Ile-de-France, France), a production facility in Pertuis (Vaucluse, France) and a subsidiary in Houston (Texas, USA).
A privilleged technological partnership
Today, Watt & Well celebrates its tenth anniversary. It represents a whole team of engineers driven by excellence and passion in their daily missions: manufacturing a motor controller for the Ariane 6 European launcher, developing the last generation quick chargers for electric vehicles, supporting leaders creating the technologies of tomorrow…
Since its very start, the company remains highly committed to delivering best-in-class power electronics products to its customers. It makes a difference as the customers are more likely to seek an agile collaboration type rather than a plane customer-supplier relationship. The baseline “Converting Power Into Confidence” carries this idea. Indeed, at each step of a project, Watt & Well brings cross-market high added-value expertise in its core business: power electronics. An experience that ensures reliability as the company evolves among demanding markets. Many leaders in their fields trust in Watt & Well such as Renault, Ariane Group and Analog Devices Inc., as well as technological designers that are experts in their field.
Transparency and accessibility
To celebrate its tenth anniversary, Watt & Well will gather its customers, suppliers and technology partners at a reception held at the Engineering Center of Massy (91300) on May the 24th,2018. A way to thank all those who took part in the success story of the company. The Watt & Well teams will be on-site to welcome the guests and introduce them to future projects and give a guided visit of the Watt & Well Engineering facilities. The CEO, M. SCHMITT Benoit will deliver a speech before opening the festivities.
To attend, send us an invitation request.
To check the programm, view Practical Information flyer.
To read the french version of this article, visit Astech Paris Region website page.