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Eurotech SpA

Company Profile Analysis

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Eurotech SpA - ICT showcase

Year Founded & Workforce

1992

294 Employees

Industry

ICT

Services

People CountersIoT in Warehouse
E

Eurotech SpA Employee Contacts

12 verified contactsNames, job titles, seniority and locations

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Eurotech SpA Overview

Company Headquarters: Italy

Founded: 1992

Workforce: ~294

Company Working: Eurotech SpA (Eurotech) engages in the research, development, production, and marketing of nano personalized computers (NanoPCs) and high-performance computers. The company’s product portfolio includes embedded modules comprising embedded boards with CPU processor based on the Atom, Core I, Xeon D, and ARM, architectures, PC/104 boards, low power small form factor boards, computer on module express boards, single board computers, CPU and other functionalities VME boards; compact PCI Boards, and computing boards. It also provides panel PCs, industrial monitors, and computers; mobile systems which include computers, displays, and networking; high-performance systems, portable systems such as handhelds, wrist-wearable computers, and environmental monitoring systems, people passenger counters, and IoT gateways. The company operates majorly in Europe, US, and Japan.

Strategy

Eurotech is a pioneer in the manufacturing of embedded products and development of software. It focuses on providing customers with enhanced computing solutions, especially in miniaturized computing such as NanoPC’s and high-performance computers. The company emphasizes its research and development processes to improve its portfolio and innovate products. It adopts an organic strategy of product development and launches as its chief market strategy. Apart from this, the company is also involved in several partnership deals as a part of its inorganic strategy in order to establish a strong position in the market.

Company Snapshot

$72.11M

Revenue

294

Employees

1992

Founded

Italy

Headquarters

SWOT Analysis

Strengths

  • Strong supplier and distributor partners ▪ Strong product portfolio
  • Vast product portfolio
  • Highly skilled workforce
  • Reliable suppliers and distribution

Weaknesses

  • Limited to core segments
  • Limited success outside core business

Opportunities

  • Strategic acquisition ▪ Focus on e-commerce business
  • Gaining new customer through online channels
  • Strategic acquisitions

Threats

  • Intense market competition ▪ Fluctuating currency exchange rates
  • Intense competition
  • Fluctuating foreign currency exchange rates

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Key Developments

DateApproachDevelopment
Juny 2019PartnershipEurotech partnered with Infineon Technologies AG, company which offers semiconductor solutions to provide protection of IoT edge solutions. This allows Infineon to manage its public cloud service platforms continuously and curb losses due to cyberattacks.
November 2018Product LaunchEurotech launched Everyware Software Framework (ESF), which enhances the IoT edge framework’s edge and cloud connectivity capability and allows the user to have multiple cloud connections.

Product Offering

  • Eurotech SpA
    • People Counters
    • IoT in Warehouse

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Revenue rose from USD 72.1 Mn in 2015 to USD 90.5 Mn in 2018.
Eurotech SpA — By Business Segment
Series (USD Mn)2015201620172018
Revenue72.164.371.990.5

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