Sectra AB

Sectra AB Overview

Company Headquarters: Linköping, Sweden

Founded: 1978

Workforce: 706

Company Working:

Sectra AB (Sectra) is a technology company based in Sweden. The company has customers in around 60 countries, out of which it sells its products directly in 19 countries and via partners in remaining countries. Sectra AB operates through four operating segments, namely, imaging IT solutions, secure communications, business innovation, and spectra customer financing. The imaging IT solutions segment manufactures and sells medical IT systems and services, and also offers maintenance in the form of support, business development, system monitoring, system design, and consulting services related to integration and data migration.

Strategy

Sectra AB plans the expansion mainly in regions and areas where it holds an established position. The company plans to achieve this primarily via organic growth, and in certain cases supplemented by mergers and acquisitions, which will strengthen its organic growth. As a part of geographic expansion, the company has started subsidiaries for direct sales in Finland (secure communications), Canada (medical systems), and France (medical systems). It plans to launch innovative products by close cooperation with industrial partners, universities, and customers to identify their needs.

Company Snapshot

$115,784M

Revenue

706

Employees

1978

Founded

Linköping, Sweden

Headquarters

SWOT Analysis

Strengths

Sectra AB entered into a partnership with El Seif Development Company. This agreement enables healthcare providers in Saudi Arabia to gain access to patient-centered and efficient care with Sectra’s imaging IT solution, indirectly resulting in strengthening the company’s presence in the Middle East and Africa.

Weaknesses

Limited presence in Asia

Opportunities

Company expansion in Asia and the Middle East

Threats

Currency exchange risks

Product Offering

Sectra AB
- Enterprise Viewers/Universal Viewers
- PACS
- Vendor Neutral Archive (VNA)

Financial Performance

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