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Gemalto NV

Company Profile Analysis

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Gemalto NV - ICT showcase

Year Founded & Workforce

2006

15,000 Employees

Industry

ICT

Services

Facial Recognition
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Gemalto NV Overview

Company Headquarters: The Netherlands

Founded:2006

Workforce: ~15,000

Company Working: Gemalto N.V. (Gemalto) is a provider of digital security products and services, including microprocessor cards and secure personal devices. The company develops and installs software in diverse products, including subscriber identity module (SIM), payment cards, and electronic identification (eID) documents, and others. It also offers platforms and services to monitor and manage these devices, check identities, and manage transactions. Gemalto was acquired by Thales Group in April 2019.

Moreover, Gemalto operates through two reportable business segments, namely identity, IoT & cybersecurity, and smartcards & issuance. The company offers e-SIMs through both these segments that combine businesses associated with mobile cellular technologies, mobile network operators, and industrial organizations. For mobile network operators, the company's solutions include SIM/universal integrated circuit card (UICC) cards and back-office platforms and services, including roaming optimization, mobile payment, mobile marketing, personal data management, and trusted service management (TSM).

For industrial organizations, Gemalto offers solutions designed to address the needs of a range of market verticals such as utilities, health, and automotive. These industrial solutions enable machine-to-machine (M2M) data exchange through hardware modules and operating software that connect machines to digital networks. It also offers cloud-based M2M application enablement and late-stage personalization (LSP) platforms. The company operates in Europe, North and South America, the Middle East and Africa, and Asia-Pacific.

Strategy

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Company Snapshot

$2,089M

Revenue

15,000

Employees

2006

Founded

The Netherlands

Headquarters

SWOT Analysis

Strengths

  • Strong market position
  • Global presence
  • Research and development activities
  • Strong domestic market
  • Matured distribution and sales networks
  • Acquisition
  • Strong operational capabilities and market position
  • Wide geographical presence
  • Robust research and development activities
  • High growth rate
  • Trained workforce
  • Experienced business units

Weaknesses

  • Weak financial performance
  • Future profitability
  • Small business units
  • High investments
  • Less deployments if new products

Opportunities

  • High demand for e-visa solutions
  • Launch of enhanced products
  • Growing Demand
  • Global Markets
  • New Products And Services
  • Launch of new products to expand Gemalto's portfolio
  • Expanding global cybersecurity market
  • Strategic partnerships and contracts
  • Strategic acquisition
  • Global markets
  • Growing demands
  • New products & services
  • Growing economy

Threats

  • Rapid technological changes
  • Financial capacity
  • Growing competition and lower profitability
  • Cyber Threats
  • Currency fluctuation
  • Rapid changes in technology
  • Intense competition
  • High Expenditure on workforce
  • Limited cash flow

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Key Developments

DateApproachDevelopment
March 2019PartnershipGemalto partnered with VIVA Bahrain (UAE), one of the telecom service providers, to offer e-SIM technology with a remote subscription management platform. The partnership allows the latter to offer enhanced customer experience.
January 2019PartnershipGemalto partnered with AT&T to provide secure and seamless IoT connectivity. The partnership allows the former to integrate the e-SIM to its Cinterion LTE-M IoT module. Additionally, the new integration streamlines the development process, lowers the cost and complexity of IoT deployment, and eliminates the need for SIM card integration after manufacturing.
May 2018CollaborationGemalto collaborated with Qualcomm Technologies, a subsidiary of Qualcomm Incorporated to integrate e-Sim technology with Qualcomm’s Snapdragon mobile PC platform. The integration accelerates the adoption of seamless cellular connectivity in PCs, tablets, and other mobile products.

Product Offering

  • Gemalto NV
    • Facial Recognition

Financial Performance

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

By Business Segment: Embedded software & products excluding hedge effect was USD 2,089 Mn in 2018.
Gemalto NV — By Business Segment
Series (USD Mn)2018
Embedded software & products excluding hedge effect2,089
Platforms and services excluding hedge effect1,195
Others22

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