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seco.com

Founded Year

1979

Stage

IPO | IPO

Date of IPO

5/5/2021

Market Cap

0.52B

About SECO

SECO works in the segment of embedded electronics.

SECO Headquarters Location

Via A. Grandi 20

Arezzo, 52100,

Italy

39 0575 26979

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SECO Patents

SECO has filed 182 patents.

The 3 most popular patent topics include:

  • Metalworking cutting tools
  • Machining
  • Metalworking
patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/7/2017

6/21/2022

Metalworking cutting tools, Cutting tools, Superhard materials, Metalworking, Steels

Grant

Application Date

4/7/2017

Grant Date

6/21/2022

Title

Related Topics

Metalworking cutting tools, Cutting tools, Superhard materials, Metalworking, Steels

Status

Grant

Latest SECO News

Seco S p A : Six-month financial report as of June 30, 2022

Sep 13, 2022

09/13/2022 | 01:00pm EDT Message : SECO S.p.A. Share capital Euro 1,075,739.19 DocuSign Envelope ID: 0CEB2CC6-D904-4C84-91F4-E054EBBB6D82 4 6 11 13 17 19 19 30 40 45 REGULATION NO. 11971 OF MAY 14, 1999 AND SUBSEQUENT AMENDMENTS AND SUPPLEMENTS ......... 47 Chairperson Statutory Auditors Lorenzo Mazzini 3 THE GROUP AND ITS OPERATIONS The SECO Group (hereinafter also referred to as the "Group" or "SECO") consists of the parent company SECO S.p.A., hereinafter also referred to as the "Company" or "Parent Company", and its subsidiaries, as presented below: The Company's registered office is located in Arezzo (AR), via Achille Grandi 20. SECO is a high-tech group engaged in computer miniaturization and the Internet of Things (IoT). It currently employs over 800 staff across the world and operates through five production plant, nine R&D centers and sales offices in nine countries. The Group serves more than 300 blue-chip customers who are leaders in their respective industries, which include the Medical, Industrial Automation, Aerospace, Fitness, and Vending sectors. In a rapidly evolving and growing marketplace, the Group is renowned for its innovative and customized solutions. 4 Market Overview As digital technologies become ubiquitous, we are entering an era of interconnected devices, analytics, and artificial intelligence. The increasing number of intelligent devices - which can process data at the source (edge computing) and are connected to the cloud - is opening the door to new business models, creating major development opportunities, and helping to improve people's overall safety and quality of life. The evolution of technologies such as the Cloud, Big Data and Analytics, Artificial Intelligence and the Internet of Things has accelerated the digital transformation of business processes worldwide, and the way in which companies approach the creation, provision and use of ICT products and services. In the current environment, speed of execution and time to market are key aspects not only for competitivity, but also for a business's survival. We are witnessing across the globe a strong drive towards digitalization. The COVID-19 pandemic has certainly sped up this trend, bringing digitalization to many sectors and environments of daily life which historically were far removed from this world. This trend has also advanced significantly in the industrial environment, where businesses across all sectors increasingly require more innovation, digitalization and interconnection among their products. Climate change and issues surrounding raw material and energy supply have combined to make accelerating the digital transition increasingly crucial. Against this backdrop, digitalization will play a key role. Through Artificial Intelligence, it will offer advanced tools to support renewable energy, energy efficiency, and reduced consumption of industrial and personal devices. The many relaunch and investment incentives programs underway in numerous countries shall contribute to further speeding up these trends, ensuring growth of the connected devices and IoT market comfortably in the double-digits, as indicated by all of the most trusted sector studies. Operational overview H1 2022 saw the strong performance reported by the Group in the last quarter of the previous year continue. Development continued of new Edge Computing products and CLEA software platform features in the first six months of 2022. SECO further strengthened its presence and position in the IoT and AI market through three major agreements to add weight to its commercial offerings. In March, Impresa Pizzarotti & C. S.p.A., a leading company in the design and construction of road, rail and airport infrastructure and health and residential construction, chose CLEA, SECO's IoT and AI software platform, to enable "smart" management of road and hospital infrastructure using a range of high added-value applications and functionalities. Pizzarotti and SECO will work to develop a hardware and software solution to monitor the operational status and energy consumption of these infrastructures. These will enable users to identify the most appropriate action to 5 This is an excerpt of the original content. To continue reading it, access the original document here . Attachments

SECO Web Traffic

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SECO Rank

  • When was SECO founded?

    SECO was founded in 1979.

  • Where is SECO's headquarters?

    SECO's headquarters is located at Via A. Grandi 20, Arezzo.

  • What is SECO's latest funding round?

    SECO's latest funding round is IPO.

  • Who are the investors of SECO?

    Investors of SECO include Fondo Italiano di Investimento.

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