ANALYTIC SYSTEMS
A reduction in military spending has encouraged Analytic Systems to expand its product range
University can help shape our futures in many ways other than academically . For Jim Hargrove his involvement as a member , and ultimately as president of the sports car club at the University of British Columbia , sparked a lifelong passion for the motor sports industry which has helped fuel his career for more than thirty years .
Today Hargrove is president of Vancouver based Analytic Systems , the company founded by his father Lloyd Hargrove in 1976 , and his first employer after graduating with a BASc in electrical engineering in 1981 . After a 10 year stint designing and building marine automatic pilots beginning in 1983 , Hargrove returned to take over control of the company from his father in 1994 . Refocusing the company as a manufacturer of power conversion products , it serves five key markets – military , industrial , transportation , marine and telecommunication . The company is very much an international one with military and industrial clients around the world .
“ We are approved by the Controlled Goods Program in Canada which is the equivalent of the International Treaty for Arms Reduction ( ITAR ) and is a critical component of being able to do business with any military organization or military contractor in the western world ” says Hargrove . But reduced military spending , particularly in the USA , has had an effect on business , as Hargrove explains . “ The last few years have been very difficult . Virtually every military budget around the world got slashed . So in response to that we took the decision to really refocus the company on our commercial industrial product line and leveraged the transition into digital power electronics . We are now seeing an upsurge in sales because of
58 April 2017