Giesecke+Devrient GmBH Overview
Company Headquarters: Germany
Founded: 1852
Workforce: ~11,389
Company Working: Giesecke & Devrient GmbH (G+D) is a technology company that develops, manufactures, and distributes products and solutions for safeguarding payment processes, identities, connectivity, and data services. The company operates through four segments namely currency technology, mobile security, veridos, and secunet. The e-SIM market falls under the mobile security segment that focuses on three areas namely financial solutions, connectivity & devices, and digital enterprise security division, e-SIM management division, and mobile payment division. Geographically, the company operates across 32 countries across the Americas, Europe, the Middle East & Africa (EMEA), and Asia-Pacific.
Strategy
G+D has adopted an inorganic growth approach for the global e-SIM market. It focuses on collaboration and partnership with tech companies such as Deutsche Telekom, SIMCom Wireless Solutions Co., Ltd, a wholly owned subsidiary of SUNSEA AIOT, and others to provide secure and seamless connectivity. These companies integrate their solution with the G+D AirOne e-SIM management solution that allows them to provide better-connected applications and offer innovative solutions in NB-IoT platform. Furthermore, the company continues to concentrate on broadening its range of offerings to provide compatible solutions and strengthening its mobile security product portfolio.
