Innovative Edge-IoT & AI Solution
Amidst the eco-digital revolution…
Key takeaways from Capgemini's "The Eco-Digital Era"
$33tn | CO2 decrease | Cost efficiency |
By 2028, emissions | Boosted by Edge computing | |
Eco-Digital | reduction via digital tech | and data analysis, |
market value by 2028 | to surpass emissions | AI-services integration with |
from its usage | connected and smart devices | |
Industry 5.0: accelerating a Digital and Green transition
NRRP incentives promote energy-efficientmachines, aligning with EU Commission objectives
AI-powered,data-drivenprocesses minimize waste and maximizes energy savings, promoting sustainability
Next-gen industrial automation: sensors, machine learning & AI enable human-machine interactions and safe collaboration, enhancing efficiency
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Edge AI: computational capacity where it matters
AI at the Edge vs. Cloud processing
Real-time data analysis with ~0 latency
Cost reduction by 5-6xwithout cloud renting
Hardware | AI accelerator |
IoT platform | |
Manage local | |
AI algorithms | Monetize data |
Enhanced privacy through local data processing
Low power consumption for energy efficiency
Collect and manage data at the edge with our IoT platform
New
products in H2 '24 | Based on | Dedicated to |
AI accelerators | Computer vision |
Benefits for the customers
New revenue | Cut management |
streams | costs |
Launch innovative services | Optimizing settings and |
for increased value-added | device maintenance |
Real-Time quality | Image processing & | Autonomous | Real-time object |
inspection | analysis | robotics | recognition |
Real use cases | 3 |
High-growth, profitable story at the heart of a disruptive sector
Revenue (€m) |
Net sales breakdown (FY 2023)
Organic CAGR | 201 | 210 | |||
18-23A: 19% | |||||
112 | |||||
54 | 65 | 76 | |||
2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Adjusted EBITDA (€m) and Margin | % | ||||
15% | 18% | 21% | 23% | 22% | 24% |
51 |
Revenue by
product
CLEA 11%
Edge
computing
89%
Revenue by End
Market
PKE 4% | Others 6% |
Defence and | Industrial |
aerospace 1% | 34% |
Transport 3%
Vending/ | |
Distribution 28% | Fitness |
Medical 13% | 11% |
Revenue by
Area
APAC RoW
8% <1%
USA 13%
EMEA 79%
44 | |||||
25 | |||||
12 | 16 | ||||
8 | |||||
2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
8 Strategic Deals to expand capabilities and geographical presence | ||||
2018 | 2019 | 2020 | 2021 | 2022 |
4 |
SECO in a snapshot
A worldwide spread center of excellence, with top-tier capabilities
€210M
2023 FY revenue
Listed on
Borsa Italiana's Euronext STAR Milan
>1M devices manufactured every year
~ 900 people
~ 300 R&D people
of which ~180 in AI and software development
~ 7-10%
of revenue invested in R&D every year
Commercial Presence Direct Presence
10 R&D centers | |||||||||||||
5 production plants | |||||||||||||
Our | Arezzo | Hamburg | Hangzhou | Tregozzano | Wuppertal | ||||||||
11 countries | production | ||||||||||||
plants | |||||||||||||
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How does the business model work?
Edge computing business | IoT & AI services businesses | ||
Modules | Systems | Software platforms | |
Price per | €70-250 | €250-1000 | Fees per device and |
unit | by consumption | ||
GPM | 30-45% | 45-65% | ~80% |
Visibility | ~5 years product life cycle | 5+5 years contracts | |
Recurring and incremental business | |||
Price per unit
GPM
Visibility
6
Edge computing: building technology to shape a better world
There's a high chance you've interacted with a SECO device, even if you didn't know
Full system
R&D and design
In-house production
A SECO system at work… | Smart fitness | Industrial | Medical devices | On-board passenger |
machines | equipment | information systems |
…and many
more…
System | Natively compatible | ||||
integration | |||||
with | Coffee & Vending | Bowling scoring | Voting | Digital | |
machines | equipment | machines | billboards |
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IoT
Clea Software Suite
Clea is SECO's comprehensive software suite for building IoT solutions that harness field data.
Clea is a modular software stack
designed for developing robust IoT infrastructures.
Open source and production-ready,it fulfills the requirements of even the most demanding IoT installations.
Clea provides a highly scalable and cost-effective solution for
harnessing field data, managing
devices, and for facilitating development of value-added services, advanced AI applications, and more.
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SECO AI Services
A customizable, easy to use platform for creating your own AI-powered support services
Unlock new possibilities with StudioX and elevate your business with AI-powered solutions
Enhance | Elevate | Optimize |
customer | ||
product | operational | |
experience | ||
quality | productivity | |
and satisfaction | ||
Access | Ingest structured | |
AI-generated | ||
or unstructured | ||
knowledge | ||
data directly | ||
in real-time | ||
from machinery | ||
Add innovative | ||
features to | ||
your products |
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Redefining our reference market paradigms
An unparalleled positioning
Technology partner - | |||||
Edge | Touch displays - | In-house | unique value proposition | ||
for customers | |||||
computing | HMIs | manufacturing | IoT software suite | AI services |
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Disclaimer
Seco S.p.A. published this content on 18 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 March 2024 10:59:02 UTC.