Deep Intelligence Across Industries

Company Headquarters: US Founded: 1981 Workforce: ~5000 Company Working: Aspen Technology is a provider of software services for the manufacturing and process engineering sectors. It serves various industries such as chemical, pharmaceutical, polymer, consumer packaged goods, power, engineering, procurement and construction, transportation, metal & mining, pulp & paper, and waste-water management. The company operates through two segments, subscription & software, and services & other. The company’s asset performance management software falls under subscription & software segment. The asset performance management products offered are Aspen Mtell, Aspen Fidelis Reliability, Aspen ProMV, Aspen Column Analytics, Aspen Root Cause Analytics, Aspen Cloud Connect, and Aspen Edge Connect. Aspen Technology operates in the Americas, Canada, Europe, Asia-Pacific, and the Middle East.

Company Headquarters: US Founded: 1967 Workforce: ~25,000 Company Working: Global Payments Inc. is a payments technology company that delivers software and services. The Company operates through three segments: Merchant Solutions, Issuer Solutions and Business, and Consumer Solutions. The Merchant Solutions segment provides payments technology and software solutions to customers globally. This segment offerings include authorization, settlement and funding services, customer support, chargeback resolution, terminal rental, sales and deployment, payment security services, consolidated billing and reporting. The Issuer Solutions segment provides solutions that enable financial institutions and other financial service providers to manage their card portfolios. The Consumer Solutions segment provides general purpose reloadable (GPR) prepaid debit and payroll cards, demand deposit accounts and other financial service solutions to the underbanked and other consumers and businesses in the United States through its Netspend and other brands.

Company Headquarters: Taiwan Founded: 1990 Workforce: ~729 Company Working: Axiomtek Co, Ltd is a Taiwan-based manufacturer of electronic and logic equipment. It manufactures logic boards and modules, systems and platforms, industrial panel PCs, and IoT solutions. Its product line includes industrial and embedded motherboards, Intel Smart Display modules, PICMG Single Board Computers, Systems on Modules, fanless touch panel PCs, transportation computing, medical computing, machine vision, digital signage, data acquisition, medical panel PCs, and others. It operates in various segments such as industrial automation, transportation, medical solutions, retail solutions, power & energy, Internet of Things (IoT), network security, and gaming solutions. Predictive maintenance solutions is a part of industrial automation solutions. These solutions are tailored towards CNC machine operations, robotic arm management, steel plant operations, and others. It offers products and services in North America, Asia-Pacific, and others.

Company Headquarters: Germany Founded: 1969 Workforce: ~4,596 Company Working: Software AG is a German multinational company, engaged in the development of technology solutions for digitalization. The company operates through the following segments: Adabas and Natural (A&N), Digital Business Platform (DBP), and consulting. The company’s DBP segment includes the business process management, big data with the ARIS, Alfabet, Apama, webMethods, and Terracotta product families. The company’s A&N segment includes Adabas database management system, application modernization, and natural application development. The company’s consulting segment focuses on the services and projects related to the company’s own software products. The company offers its services to various industries including BFSI, media & communication, energy & natural resources, government, manufacturing, retail, transportation, and utilities. Geographically, the company has presence in North America, Europe, and Asia-Pacific.

Company Headquarters: Lippstadt, Germany Founded: 1899 Workforce: ~40,300 Company Working: HELLA GmbH & Co. KGaA develops and manufactures lighting and electronic components and systems for the automotive industry. It operates through three business segments which include automotive, aftermarket, and special applications. Under the automotive segment, it develops, produces, and markets lighting and electronic components and systems for vehicle manufacturers and other suppliers. It also offers service parts for lighting, electrical, electronics, and thermal management. In addition, it offers automotive parts and accessories under its aftermarket segment. Special applications segment includes original equipment for special purpose vehicles such as buses, caravans, agricultural and construction machinery, municipal vehicles, and trailers. It operates through 125 locations in 35 countries across the globe. Hella Spa, Enko Automotive GmbH, Behr-Hella Thermocontrol GmbH, and Hella Gutmann Solutions GmbH are some of the subsidiaries of the company.

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.

Company Headquarters: California, US Founded: 2011 Workforce: ~1,500 Company Working: Global Eagle Entertainment Inc. is a leading provider of media content, technology, and connectivity solutions to the aviation and travel industry. The firm specializes in the provision of in-flight entertainment, connectivity, and in-flight gaming technologies. The company has a customer base of over 150 airlines. The company provides a wide range of in-flight solutions including Wi-Fi, movies, television, music, interactive software, portable IFE, and e-commerce solutions. It offers high-quality solutions to their airline customers that aids them in enhancing their passenger experiences. The firm has also partnered with top airlines in the US to facilitate branding and marketing opportunities to airport executive clubs, engaging the most affluent and influential consumers. The company also has established a presence in North America, South America, Europe, Asia, Oceania, and the Middle East & Africa. In addition, the company recently launched their Airconnect 3.0 in-flight Wi-Fi system for factory installation in the Boeing 737 MAX family of airplanes.

1.1.1 Business Overview Company Headquarters: US Founded: 1967 Workforce: ~5,000 Company Working: Comtech Telecommunications is a provider of communication technologies. It operates under two business segments, namely commercial solutions and government solutions. The commercial solutions segment includes, satellite earth station modems, voice gateways, wave tube amplifiers, and advanced VSAT solutions are provided in the communication technologies umbrella. Its safety and security division provides 9-1-1 systems and emergency services IP networks. Their enterprise technologies umbrella provides IoT location platforms and geo-targeted messaging. The government solutions wing provides command and control technologies such as remote sensing tracking systems, rugged solid-state drives, land mobile products, and quick-deploy satellite systems. The troposcatter technologies include digital troposcatter multiplexers, digital over-the-horizon modems, and frequency converter systems. The radio frequency (RF) power systems include high-power solid-state broadband amplifiers and IED counteraction amplifiers. Comtech Telecommunications is a matured market player and has invested in research and development from the start. Its strategic partnerships with the US army have helped it acquire funding from time to time and become a long-term partner of the US government over the years. Today, the company can grow organically by developing products which suit the needs of the US army and maintaining its contracts.

1.1.1 Business Overview Company Headquarters: US Founded: 1986 Workforce: ~10,000 Company Working: Viasat is a provider of networking and communication solutions. It operates its business under three verticals namely satellite services, commercial networks, and government systems. Under satellite services, Viasat provides Internet, telephony and digital television services. The enterprise VSAT market falls under its satellite services business segment. Under the commercial services segment, the company provides Internet services for businesses such as office broadband, aviation, and Internet, machine-to-machine (M2M) satellite communications, and professional and managed cybersecurity services. The government systems segment provides airborne mobile broadband for government missions, antenna systems, high-capacity satellite systems and terminals, multifunctional information distribution systems (MIDS) tactical data links, and others. Viasat serves in North America, Europe, the Middle East, and Asia-Pacific. Viasat is vying for organic growth in the enterprise VSAT market through its state-of-the-art Viasat -1,2, and 3 satellites for satellite broadband connectivity. The company is also increasing its footprint in the residential broadband and Wi-Fi markets by providing solutions for small and medium-sized businesses and offering public Wi-Fi hotspots. The company also aims to expand the commercial networks segment through in-flight Wi-Fi offerings with the US and Mexican airlines.

1.1.1 Business Overview Company Headquarters: US Founded: 2001 Workforce: ~50 Company working: GigaSat is a wholly owned subsidiary of Ultra Electronics Holdings, a British conglomerate operating in the defense, security, transport and energy industries. GigaSat manufactures satellite solutions for small, medium and large bandwidth requirements, such as GigaSat FA-180, a 1.8m flyaway antenna, which is operated at Ka, Ku, X and C-bands of frequency and multi-band transmissions on both commercial and military satellites, featherweight manpacks such as the MicroVSAT series for emergency military communication operations, and GigaSat FA-370 3.7m antenna for high data-rate military communications. The company also offer drive-aways including 1.0m, 1.5m, 1.8m, 2.0m, and 2.4m antenna-based systems, suitable for C (1.8, 2.0 or 2.4m) X, Ku and Ka-band transmissions which are adequate for satellite television news broadcasts. Besides VSAT, the company also offers special electronics such as CAM series M&C system, enabling control of any product with an RS232/485 interface, FMP series monitoring panels, dual-video displays, dual active monitor speakers, and others. The company operates in the United Kingdom, Continental Europe, Canada, the US, and the rest of the world. GigaSat focuses on an organic growth strategy. This is evident in its contracts as a major supplier of the British Army for military communication technology such as long and medium-range VSAT antennas. For the enterprise VSAT market, it develops mobile broadcast systems which helps it to maintain brand presence in the commercial space as well. This approach of preserving a brand presence across verticals has allowed Gigasat to grow even in a mature industry.

Company Headquarters: Qatar Founded: 1987 Workforce: ~ 10,000 Company Working: Ooredoo QSC provides domestic and international telecommunication services. Its services include landline, mobile, cable television, and Internet connection services. The company, together with its subsidiaries, provides telecommunications services and related products to small companies, start-ups, and enterprises worldwide. It operates through six segments: Ooredoo Qatar, Asiacell, NMTC, Indosat Ooredoo, Ooredoo Oman, and Ooredoo Myanmar. Ooredoo QSC offers cellular, wireless, mobile and fixed telecommunication, multimedia, data communication, broadband, Internet leased lines, intracity and intercity leased lines, MPLS IPVPN, and Internet services. It also provides machine-to-machine, cloud, and mobile applications. The company offers its services primarily in Qatar, Iraq, Kuwait, Indonesia, Oman, and other parts of the Middle East and North Africa.

Company Headquarters: Turkey Founded: 1993 Workforce: ~ 10,000 Company Working: Turkcell is a converged telecommunication and technology services provider. It serves its customers with voice, data, TV and value-added consumer and enterprise services on mobile and fixed networks. The company is engaged in the provision of communication and technology services. It operates through the following segments: Turkcell Turkey, Turkcell International, and other. The Turkcell Turkey segment includes the operations of information and entertainment services in Turkey and Azerbaijan, and of non-group call centers. The Turkcell International segment includes the telecommunications operations in a number of emerging market geographies. All other segment specializes in consumer financing services, information, and entertainment services. The company has a presence in Turkey, Ukraine, and Belarus.

Company Headquarters: Turkey Founded: 1995 Workforce: ~ 10,000 Company Working: Turk Telekom engages in the provision of local, national, international, and mobile telecommunication services, Internet product, and services. It operates through the following segments: fixed-line and mobile. The fixed-line segment services are provided by Turk Telekom, TTNet, Argela, Innova, Sebit, Sober, AssisTT, and Pantel Group. This segment provides value-added services besides voice and data services for its corporate and retail customers through its extensive fixed-line telecommunications network. The mobile segment service is provided by Avea. This segment provides mobile communications services, including prepaid, postpaid, and value-added voice services. The company has a wide service network and product range in the fields of individual and corporate services, Türk Telekom unified its mobile, internet, phone, and TV products and services under the single Türk Telekom brand as of January 2016.

Company Headquarters: Belgium Founded: 1992 Workforce: ~10,000 Company Working: The Proximus Group is a telecommunication and ICT company, which caters to consumers, businesses, and the public sector. The company is the leading provider of telephony, Internet, television and network-based ICT services through Proximus and Scarlet brands. The Proximus Group operates its business through the following segments: consumer business unit (CBU), enterprise business unit (EBU), technology unit (TEC), wholesale unit (WU), international carrier services (ICS), and staff and support (S&S). The CBU segment sells voice products and services, Internet and television, both on fixed-mobile networks. The EBU segment markets information and communication technology services and products to professional customers under the Proximus and Telindus brand names. The TEC segment centralizes all network and costs and supplies. The company’s advanced interconnected fixed and mobile networks offer access anywhere and anytime to digital services and data, as well as to a broad offering of multimedia content. The company invests in future-proof networks and innovative solutions, creating the foundation for sustainable growth.The company also contributes to the economic, social, and environmental development of the society.

### Employee trend (consolidated global, headcount) *Note: Korea-based figures for 2022–2023 are derived from the Sustainability Report series and should be treated as indicative; the 2024 figure of 125,297 is directly disclosed. FY2025 headcount not disclosed in sources reviewed.* ### Positioning statement (150 words) Samsung Electronics is the world's largest memory semiconductor manufacturer, the largest smartphone vendor by unit volume for fifteen consecutive years, and the largest television vendor by revenue for twenty consecutive years. Structurally it is two companies bolted together: a capital-intensive, deeply cyclical component business (memory, foundry, logic, displays) and a scale-driven finished-goods business (smartphones, TVs, appliances, networks, automotive audio). That duality has historically smoothed revenue but concentrated profit volatility in memory. In 2025–2026 the concentration became extreme in the company's favour: the AI infrastructure build-out drove memory pricing to unprecedented levels, lifting operating profit from KRW 6.6 trillion in FY2023 to an annualised run-rate above KRW 290 trillion by Q2 2026. Samsung is now attempting to convert a cyclical windfall into structural advantage — funding 2nm foundry, HBM4/HBM4E, advanced packaging, HVAC, robotics and healthcare — while defending a mobile franchise squeezed by its own component prices. --- ### 2.1 The company's own characterisation From the 2025 Business Report: Samsung Electronics comprises a headquarters in Korea and 308 subsidiaries worldwide, organised into the Device eXperience (DX) Division, the Device Solutions (DS) Division, Samsung Display Corporation (SDC) and its subsidiaries, and Harman International Industries, Inc. and its subsidiaries. The company describes its structure as "a two-pronged framework consisting of finished products businesses and component businesses." The DX Division produces and sells TVs, monitors, refrigerators, washing machines, air conditioners, smartphones, computers and network systems. The DS Division manufactures and sells DRAM, NAND flash and mobile application processors, and operates a contract semiconductor manufacturing (foundry) business. SDC manufactures and sells display panels, principally mobile OLED. Harman supplies automotive electronics — digital cockpits, car audio, telematics — and consumer and professional audio. ### 2.2 Independent characterisation Samsung is best understood as a vertically integrated hardware conglomerate that monetises the same underlying manufacturing competence at three different points in the value chain simultaneously, and that has, in the current cycle, become overwhelmingly a supplier rather than a brand. **Value chain position.** Samsung is simultaneously (a) an upstream component merchant selling DRAM, NAND, image sensors, application processors, foundry wafers and OLED panels to the entire electronics industry including its own direct competitors; (b) a mid-stream integrator assembling those components into branded devices; and (c) a downstream consumer brand with retail, carrier and e-commerce distribution. The 2025 Business Report discloses that the top five customers — listed alphabetically as Alphabet, Apple, Deutsche Telekom, Hong Kong Techtronics and Supreme Electronics — accounted for approximately 15% of total sales. Two of those five (Alphabet, Apple) are direct competitors in the smartphone market and simultaneously among Samsung's largest component customers. This co-opetition is the defining structural feature of the business model. **Revenue model.** Samsung is a product company. Per the 2025 Business Report, products accounted for KRW 314,717.1 billion of FY2025 revenue and services and other revenue (including royalty income) for KRW 18,888.8 billion — a 94.3%/5.7% split. The services line more than doubled year on year, from KRW 7,509.2 billion in FY2024, driven principally by royalty and licensing income and by the expansion of Samsung TV Plus advertising and subscription-based appliance services. There is no meaningful recurring-subscription revenue base at group level; management has flagged D2C and subscription models as a 2026 growth pillar for the Digital Appliances business, but from a very small base. **Sales channel mix (global, FY2025, per Business Report):** special/direct sales 54%; retail 22%; wholesale 15%; other 9%. The heavy weighting to "special/direct" reflects B2B component sales to OEMs and carriers. **Customer types.** (i) Hyperscale cloud and AI infrastructure operators buying HBM, server DRAM and enterprise SSDs — the profit engine in 2025–2026; (ii) fabless semiconductor designers and system companies buying foundry wafers and advanced packaging; (iii) consumer electronics OEMs buying panels, sensors and memory; (iv) telecommunications carriers buying network equipment and distributing handsets; (v) automotive OEMs buying digital cockpits, audio systems and, increasingly, memory and central compute units; (vi) retail consumers buying Galaxy devices, TVs and appliances; (vii) commercial and industrial buyers of HVAC, display signage and medical imaging. **End markets served.** AI data centres, enterprise servers, cloud storage, PCs, smartphones, tablets, wearables, XR, televisions, home appliances, HVAC and building systems, automotive infotainment and ADAS, telecommunications infrastructure, professional audio, medical imaging, and — via recent acquisitions — digital health platforms and collaborative robotics. **Pricing dynamics.** Per the 2025 Business Report, average selling prices in FY2025 versus the prior-year average moved as follows: memory +14%; TVs -5%; smartphones -3%; smartphone OLED panels -6%; digital cockpits broadly flat. That single line explains the year: the component business took price while the finished-goods business gave it back. In 2026 the divergence widened sharply, with memory pricing accelerating further and the MX Business swinging to an operating loss in Q2 2026 under component cost pressure — much of it paid to Samsung's own DS Division and to competitors. ---

1.1.1 Business Overview Company Headquarters: Israel Founded: 1987 Workforce: 1,012 Company Working: Gilat Satellite Networks is one of the leading providers of products and services for satellite-based broadband communication networks. The company offers a range of broadband satellite solutions that include very small aperture terminals (VSATs) to service providers, system integrators, government and defense organizations, corporations, and enterprises. The company operates its business through three segments, namely fixed networks, mobility solutions, and terrestrial infrastructure projects. Under the fixed networks division, the company offers advanced fixed broadband satellite communication networks, satellite communication systems, and associated professional services, and fully-managed satellite network service solutions. The company’s customers are service providers, satellite operators, mobile network operators, telecommunication companies, and large enterprises, consumers, and government entities worldwide. The mobility division includes on-the-move/on-the-pause satellite communication products and solutions to system integrators, defense, and homeland security organizations. The division also offers a solution named Wavestream which provides its products mainly to the system and defense integrators. Moreover, the company's subsidiaries include Gilat Satellite Networks (Holland) B.V., Gilat Colombia S.A. E.S.P, Gilat to Home Peru S.A, Gilat do Brazil Ltd, Gilat Satellite Networks (Mexico) S.A. de C.V., Wavestream Corporation, Gilat Australia Pty Ltd., Gilat Satellite Networks (Eurasia) Limited Liability Company, Gilat Satellite Networks MDC (Moldova), Raysat Bulgaria EOOD and Gilat Satellite Communication Technology (Beijing) Ltd. It operates in four geographies namely Asia-Pacific, North America, Europe, the Middle East and Africa, and South America. Gilat Satellite Networks primarily follows both organic and inorganic growth approaches in the Enterprise VSAT market. This company focuses on innovating products and services offered to its customers through research and development and technological excellence. The launch of AeroEdge 6000, a highly efficient, high-performance terminal for commercial in-flight connectivity is one such instance that helps to strengthen its product portfolio of fixed network and mobility solution segments. It also emphasizes on strategic partnership and collaboration, which allows the company to increase its geographical presence in the Americas and Europe.

1.1.1 Business Overview Company Headquarters: Singapore Founded: 1974 Workforce: ~25,000 Company Working: Singapore Telecommunications Limited (Singtel) is one of the leading providers of multimedia and information communication technology (ICT) solutions including voice, data, and video services over fixed and wireless platform. The company operates through three business segments namely group consumer, group enterprise and group digital life. The group consumer segment includes next-generation communications, infotainment, and technology services across Asia-Pacific and Africa. The segment also includes mobile network services, pay TV, fixed broadband and voice services. The group enterprise segment includes integrated ICT solutions that include mobile and related accessories, fixed voice and data, managed services, cloud computing, cybersecurity, IT, and professional consulting. The segment offers its services over fixed and mobile networks, data centers. Moreover, the group digital life services segment is focused on three specific areas that cover digital marketing, advanced data analytics and intelligence, and premium over-the-top (OTT) video. The group has businesses across Asia-Pacific, North America, Europe, and the Middle East and Africa. Singtel aims at improving its technical capabilities of subsidiaries such as Optus Group, Bharti Airtel, and AIS. This help the company to strengthen its presence in the Asia-Pacific and European region. For instance, Singtel aims at transforming its Optus Group into a digital organization that offers converged fixed, mobile, and video services. This helps the Optus Group to enhance its service offerings and strengthen its market position in Australia. Additionally, Singtel believes in strategic partnerships to provide innovative solutions to its customers to deliver exciting digital lifestyle products and services. It also focusses on investment in supporting the growth of IoT and 5G initiatives in the next few years.

Company Headquarters: US Founded: 1993 Workforce: 11,870 Company Working: Red Hat is one of the leading providers of open source software solutions. Its product portfolio includes operating system, virtualization, middleware, storage, cloud, and mobile technologies. It provides its software-based offerings in the form of annual or multi-year subscriptions. The company operates across North America, South America, Europe, Asia, and Australia. The company’s division, Red Hat cloud offers software that enables its customers to make and manage different cloud computing environments, including Red Hat Enterprise Linux OpenStack Platform, Red Hat Cloud Infrastructure, OpenShift by Red Hat, Red Hat Cloudforms, and Ansible Tower. The company also engages in providing various services like consulting to help its customers enable infrastructure, application integration, middleware, cloud, mobile and storage solutions. Additionally, its support services provide customers with technical support to assist with the implementation of its services

Company Headquarters: US Founded: 1998 Workforce: 6,189 Company Working: Rackspace provides managed cloud solutions that include public cloud infrastructure to organizations across the world. In 2016, the company was acquired by Apollo Global Management, LLC., a global alternative investment management company. Furthermore, Rackspace also offers wide portfolio of cloud-based enterprise solutions that include application management, business intelligence, database management, e-commerce and digital experiences, email hosting, enterprise resource planning (ERP), and website hosting. It offers products under four categories namely public cloud, private cloud, managed hosting, and email hosting. Under the public cloud category, it offers access to IT resources for its clients by minimizing the cost of hardware and datacentre management. The company provides services on various public cloud platforms including Microsoft Azure Cloud, Google Cloud Platform, OpenStack Public Cloud, Alibaba Cloud, Amazon Web Services (AWS), and Government Public Cloud. The private cloud category offers its clients with enhanced levels of control and security in a dedicated environment. The company operates in the US, the UK, the Netherlands, Switzerland, Hong Kong, Australia, and Mexico.

1.1.1 Business Overview Company Headquarters: US Founded: 1971 Workforce: ~2,200 Company Working: Hughes Network Systems LLC (Hughes Network Systems), is a wholly owned subsidiary of Echo Star Corporation, and engaged in the provision of broadband satellite network services and systems to the consumer and enterprise markets. The company’s offerings include broadband network products and related services, managed services, satellite services, and communications solutions for aerospace, enterprise, and government customers. It also manufactures and installs gateway and terminal equipment for other satellite systems. It also offers telecommunication networks that include satellite ground systems and terminals to mobile system operators and enterprises. Additionally, the company also develops turnkey satellite ground systems for mobile system operators. The segment offers engineering terminals, ground-based beam forming equipment, base station solutions, radio access networks, other subsystems, and broadband products for point-to-multipoint microwave radio network systems. Geographically, the company operates in the Americas and the rest of the world. Hughes Network System LLC focuses on increasing its revenue by enhancing its existing satellites and launching new satellites through partnerships and joint ventures. The company also emphasizes on the development of S-band and other hybrid spectrum resources that allow Hughes Network System to maintain a strong position in the European market with the help of wide mobile satellite service (MSS)/complementary ground component (CGC) network and increase its return on investment (RoI) on S-band spectrum in Europe and other regions.

Company Headquarters: Canada Founded:1993 Workforce: ~1400 Company Working: Sierra Wireless is a provider of cellular wireless solutions to the machine-to-machine (M2M) and connected device markets. The company develops wireless products that include embedded modules and embedded software for original equipment manufacturers (OEMs). The company operates in three reportable segments namely original equipment manufacturer (OEM) solutions, enterprise solutions, and IoT services. The OEM solutions segment provides short-range wireless modules, software, tools, and cellular embedded modules for Internet of Things (IoT) connectivity, including an embedded application framework to support customer applications. The company provides standards-based wireless technologies and support for OEM customers across a broad range of industries, including automotive, energy, mobile computing, enterprise networking, transportation, healthcare, security, industrial monitoring, field services, sales and payment, and smart home. The enterprise solutions segment provides routers and gateways, including management tools and applications that enable cellular connectivity. The company markets its AirLink gateways and routers through channel partners across the world. The IoT services segment offers a secure and scalable cloud platform for deploying and managing IoT subscriptions, global cellular connectivity services, and managed broadband cellular services. The company operates in the Americas, Europe, the Middle East and Africa, and Asia-Pacific.

Company Headquarters: Japan Founded: 1991 Workforce: ~27464 Company Working: NTT DOCOMO, Inc. engages in the mobile communications business. It operates through three segments namely telecommunications, smart life, and other businesses. The telecommunications business segment provides mobile communication services, optical-fiber broadband, and other telecommunications services. The smart life business segment handles the finance or payment services, shopping services, and life-related services. It also manages the market services that include video and music distribution, electronic bookstore service, and online shopping services. The other businesses segment covers the mobile device protection service, machine to machine, system development, sales and maintenance products, and services.

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.

Company Headquarters: Canada Founded: 1989 Workforce: ~600 Company Working: Corel Corporation (Corel) is a software company which develops and offers graphics, productivity software, and digital media products. The company’s products include photo, video, graphics, painting, and office software. The company operates globally, including regions such as North America, Europe, and Asia-Pacific. Corel provides products under five categories—digital painting, photo editing and digital imaging, video editing and digital versatile disc (DVD) playback; illustration and design; and Office Suite and utilities. Moreover, the company develops products that are compatible with Apple and Microsoft devices. The company offers software such as PaintShop Pro 2019, PaintShop Pro 2019 Ultimate, AfterShot Pro 3 and Photo Impact X3; VideoStudio Pro X9, VideoStudio Ultimate X9, and MotionStudio 3D. In July 2019, the Corel Corporation was acquired by Kohlberg Kravis Roberts & Co. LP.

Company Headquarters: US Founded: 1939 Workforce: 60,000 Company Working: Hewlett Packard Enterprise Development LP (HPE) is engaged in the provision of information technology (IT) solutions. The company offers a broad product portfolio that includes enterprise IT solutions, including servers, storage, networking, converged systems, software and services, and financial solutions. It operates through three reportable business segments, namely hybrid IT, intelligent edge and financial services, and corporate investments. The hybrid IT segment offers software-enabled and services-led infrastructure solutions under four categories, including compute, storage, and data center networking (DC Networking) services. The intelligent edge segment includes enterprise networking and security solutions under Aruba brand. Its major products include wired and wireless local area network hardware products such as switches, routers, sensors, Wi-Fi access points, and software products, and location services software. The segment also provides professional and support services for the intelligent edge portfolio of products. The financial services segment offers flexible investment solutions, utility programs, asset management services, and others. that facilitate unique technology deployment models, and the acquisition of complete IT solutions, including hardware, software, and services HPE operates globally, with primary operations in the US.

Company Headquarters: US Founded: 1994 Workforce: 341,400 Company Working: Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments. It sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through physical stores and retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk. The company also manufactures and sells electronic devices, including Kindle e-readers, fire tablets, and fire TVs among others. The Amazon Web Services segment involves in the global sales of compute, storage, database, and AWS service offerings for start-ups, enterprises, government agencies, and academic institutions. The company has its offices located in countries such as Australia, Brazil, Canada, France, Italy, and India among others. The company specializes in e-commerce, retail, operations, and Internet-based services.

Company Headquarters: US Founded: 1999 Workforce: 25,178 Company Working: Salesforce.com Inc is a leading provider of enterprise cloud computing solutions, with a focus on customer relationship management (CRM). The company first introduced its CRM solutions in the year 2000. It provides cloud-based applications for sales, service, and marketing which do not require IT expertise for their installation or management. The company specializes in enterprise cloud computing, and integration of customer relationship management and social networking to capitalize on commercial applications. The product offerings include sales cloud, service cloud, marketing cloud, and commerce cloud. The company proves services which are intuitive and easy-to-use and can be deployed rapidly, customized easily and integrated with other platforms and enterprise apps. Customer Success Platform is a comprehensive portfolio of service offerings providing sales force automation, customer service and support, marketing automation, digital commerce, community management, analytics, application development, IoT integration, collaborative productivity tools, and professional cloud services.