Gemalto Well Positioned to Address Fast-moving Digital Security Market
Amsterdam, The Netherlands, March 26, 2007–IDC, the premier global market intelligence firm, has released an independent vendor profile on Gemalto (Euronext NL0000400653 GTO), a global leader in digital security. Entitled “Gemalto Moves Beyond Smart Cards in 2007”, the report highlights the current digital revolution and how Gemalto is positioning to address new opportunities. IDC outlines how Gemalto is expanding beyond the smart card technology and deploying complete solutions for customers to ensure a safe and convenient user-experience. Gemalto’s strengthening position in the Identity and Access Management (IAM) market in particular has caught IDC’s interest: alongside Gemalto’s other key markets in citizen identity and telecommunications, IDC has forecasted that the worldwide IAM market addressing enterprises and Internet content providers to expend from $3.4 billion in 2006 to more than $5 billion in 2010.
The IDC report foresees “a wide avenue of growth for Gemalto products”. Stressing that in an increasingly connected and more mobile society, Gemalto is a foreground player delivering holistic security solutions at a global scale.
Gemalto’s strategic position matches with network users’ need for secure technology that also enhances user convenience. Its wide pool of R&D resources, with more than 1500 R&D engineers, allows Gemalto to develop expert solutions increasing the freedom of connected people to enjoy the benefits of the digital revolution.
A vendor profile of Gemalto made sense because of the growing need for combined physical and logical access security across industries has been an area of increasing focus and technology development over the past 12 months,” according to Sally Hudson Research Director, Identity and Access Management Products at IDC and one of the report authors.
IDC asserts that smart cards are perceived as a preferred operational platform to develop IAM solutions. The market intelligence firm considers that smart card adoption will widely increase in the banking, government and healthcare national systems through 2008. “The creation of Gemalto is certainly positive for the growth and transition of the smart card market”, the report concludes..
“We are glad to read that IDC believes that the use of secure personal devices, including smart card technology as the preferred operational platform, offers protection for digital identities, assets and transactions while preserving and expanding individual freedom”, comments Olivier Piou, chief executive officer of Gemalto. « In fact, smart cards represent only part of what Gemalto offers to enterprises seeking more security and convenience. Our expertise and experience in developing secure personal devices, software and related services will enable our company to exploit many new market opportunities”.
As digital interactions spread over the coming years to more and more aspects of peoples’ lives, Gemalto’s secure and convenient products, software and services will be in high demand in making personal digital interactions secure and easy.
For the complete IDC Vendor Profile on Gemalto, please visit our site at http://www.gemalto.com/companyinfo/download/idc_2007.pdf.
Gemalto (Euronext NL 0000400653 GTO) is a leader in digital security with pro forma 2006 annual revenues of €1.7 billion, operations in about 100 countries and 11,000 employees including 1,500 R&D engineers. In a world where the digital revolution is increasingly transforming our lives, Gemalto’s solutions are designed to make personal digital interactions more convenient, secure and enjoyable.
Gemalto provides end-to-end digital security solutions, from the development of software applications through design and production of secure personal devices such as smart cards, SIMs, e-passports, and tokens to the management of deployment services for its customers. More than a billion people worldwide use the company’s products and services for telecommunications, financial services, e-government, identity management, multimedia content, digital rights management, IT security, mass transit and many other applications.
As the use of Gemalto’s software and secure devices increases with the number of people interacting in the digital and wireless world, the company is poised to thrive over the coming years.
Gemalto was formed in June 2006 by the combination of Axalto and Gemplus.
For more information please visit http://www.gemalto.com.
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