Pas Global Llc (Hexagon Ab)

Pas Global Llc (Hexagon Ab) Overview

Company Headquarters: US

Founded: 1993

Workforce: ~1,000

Company Working: PAS Global LLC (PAS Global) is a wholly owned subsidiary of Hexagon AB and is engaged in providing software and solutions for OT environments and serves decision-makers, engineers, analysts, and operators working in an industrial setup. Its software is designed to work in more than 120 industrial control systems, which can be deployed on-premises or on a cloud basis. The company has a regional presence in Australia, Bahrain, Canada, Qatar, Singapore, South Africa, and the UK. PAS Global caters to more than 500 customers across the globe, which includes many refineries and chemical, paper, and mining companies.

Strategy

PAS Global has been continuously focusing on improving its solutions and services about IT/OT security. The company serves several process industries and plants and aims to integrate its solutions in a combined fashion to meet the needs of the dynamic industrial digitization market.

Company Snapshot

$4,375.29M

Revenue

1,000

Employees

1993

Founded

US

Headquarters

SWOT Analysis

Strengths

Focus on R&D
High customer loyalty
Worldwide reach

Weaknesses

Limited OT solutions

Opportunities

Growing security concerns

Threats

High competition from local and international brands
Rapid technological changes

Key Developments

Date	Approach	Development
June 2021	Product Development	PAS Global, part of Hexagon, announced the availability of Cyber Integrity 7.2, a new version in visualizing, comprehending, and directing resources to mitigate vulnerability risk.
December 2020	Acquisition	PAS Global LLC was acquired by Hexagon, a sensor, software, and autonomous solutions provider based in Sweden.
July 2020	Product Development	PAS Global changed its OT cybersecurity solution by releasing a modular OT Cyber Security Solution for critical infrastructure and process industries. The update includes inventory management, vulnerability and patch management, and enterprise cybersecurity solutions.
February 2020	Product Launch	PAS Global launched its Cyber Integrity solution and PlantState Integrity solution in a combined package, Decision Integrity. This package provides trusted data for decision-making, prevents and detects industrial cyber threats, reduces process safety risks, and optimizes profitability.
March 2019	Product Launch	PAS Global launched PAS Cyber Integrity 6.3, which includes risk analytics that provide a unique approach to continuously measuring and identifying cybersecurity risks to multi-vendor OT endpoints.
January 2018	Product Launch	PAS Global launched PAS Cyber Integrity 6.0, which includes continuous vulnerability management that provides immediate, comprehensive solutions to mitigate risks within industrial process control networks.

Product Offering

Pas Global Llc (Hexagon Ab)
- Operational Technology Market

Financial Performance

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