SGS Industrial Services
Encyclopedia
SGS Industrial Services is a global provider of technical inspection, verification, testing and conformity assessment services for industrial markets. SGS Industrial Services is one of the 10 divisions of the Geneva-based SGS S.A. Group , which operates with more than 64,000 employees over 1,250 offices and laboratories around the world.

SGS Industrial Services provides technical solutions for industries related to power generation and transmission, oil, gas and petrochemicals, renewable energy
Renewable energy
Renewable energy is energy which comes from natural resources such as sunlight, wind, rain, tides, and geothermal heat, which are renewable . About 16% of global final energy consumption comes from renewables, with 10% coming from traditional biomass, which is mainly used for heating, and 3.4% from...

, construction and heavy manufacturing as well as banks and financial institutions. Services include technical verification, testing, statutory and voluntary inspection, certification, consultancy, training and staffing.

History

SGS was founded in 1878 in Rouen
Rouen
Rouen , in northern France on the River Seine, is the capital of the Haute-Normandie region and the historic capital city of Normandy. Once one of the largest and most prosperous cities of medieval Europe , it was the seat of the Exchequer of Normandy in the Middle Ages...

, France, by a young Latvian immigrant, who having seized the opportunity at one of the country’s largest ports, began to inspect French grain shipments. By 1913 the company had grown considerably and was a leading grain inspection business, inspecting 21 million tonnes of grain per year from a network of 45 offices across Europe.

By the middle of the 20th century, SGS began to diversify and started offering inspection, testing and verification services across a variety of sectors, including the industrial sector.

SGS Industrial Services began life in 1955 with the inspection of industrial goods and machines and with success, expanded further in 1965 with the acquisition of a company that specialized in Nondestructive Testing. Today SGS Industrial Services is one of the largest business divisions within the SGS Group.

Market Segments

The 6 main market segments served by SGS Industrial Services are as follows:
  • Banks and Financial Institutions
  • Construction Industry
  • Industrial Manufacturing and Trade
  • Oil, Gas and Petrochemical Industry
  • Power Generation and Transmission
  • Renewable Energy

Management

SGS Industrial Services is led by an Executive Vice President (EVP), operating across ten geographical regions. Each region is led by a Chief Operating Officer (COO). The EVPs and the COOs, in conjunction with the functional Senior Vice Presidents (SVPs) and the Group’s Chief Executive Officer, Chief Financial Officer and General Counsel make up the SGS Operations Council. The Operations Council meets regularly throughout the year to review performance and determine new strategies.

Competitors

Its main competitors are the companies Bureau Veritas
Bureau Veritas
Bureau Veritas S.A. is a multinational company providing conformity assessment, certification and consulting services to industry, government and individuals. Originally formed in Antwerp in 1828 as Bureau de Renseignements pour les Assurances Maritimes , the Bureau Veritas name was adopted in 1829...

, TÜV Rheinland
TÜV Rheinland
TÜV Rheinland is a global provider of technical, safety and certification services. Originally called the Dampfkessel-Überwachungs-Vereine , TÜV Rheinland was founded in 1872 and has its headquarters in Cologne, Germany...

, , Intertek (Moody), Germanischer Lloyd
Germanischer Lloyd
The Germanischer Lloyd SE is a classification society based in the city of Hamburg, Germany. As a technical supervisory organization Germanischer Lloyd conducts safety surveys on more than 7,000 ships with over 100 Mio GT...

 (GL) and DNV.
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