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Security Competitive Profiles - NEC

  • March 2015
  • 35 pages
  • Frost & Sullivan
Report ID: 2780385

Summary

Table of Contents

Key Findings

•NEC has a strong position in the security market, focused on the provision of biometrics, data analytics, and system integration solutions.
•The company will continue to focus on the development of security and IT “Solutions for Society” to enhance and protect urbanized areas and key elements of critical national infrastructure (CNI).
•With this program, the company also hopes to increase and diversify its customer base, whilst using successful projects in the Asia-Pacific region to grow its international business.
•NEC continues to develop its capabilities and global influence though local partnerships with large and small companies, and strategic acquisitions. Recent partnerships with the Singapore Economic Development Board and Sypris, and the acquisition of the Cyber Defence Institute Inc. (Itochu’s cybersecurity unit) in 2013 highlight its desire to enhance its capabilities, especially in cybersecurity.
•The company remains a market leader through its provision of border control and biometric solutions to law enforcement and government end users globally.
•Brands including its NeoFace product line will be essential in its evolution as a security producer, although its current strengths are aligned with market demand.

Key Corporate Strategies

•Continue focusing on its “Solutions for Society,” leveraging IT and communications technology to target a wide range of end users.
•Pursue opportunities in Asia to showcase NEC technologies and develop it global business.
•Stabilize its financial foundation to achieve an operating income ratio of x % and an overseas sales ratio of x %.

Mergers, Acquisitions, and Partnerships (2008–2014)
•A123 Energy Solutions (2014)
•Cyber Defence Institute Inc. (2013)
•CSG Limited (2012)
•Convergys ($ x M; 2012)
•NetCracker ($ x M; 2008)

Offices or Country Alliances (2011–2014)
•Singapore Economic Development Board (strategic cybersecurity capability development; 2014)
•Sypris (2014)
•Lenovo (2014)
•Wanxiang (grid energy storage; 2014)
•Neusoft (cloud computing; 2014)
•Aurelius (enterprise communications; 2013)
•SITA (2012)
•INTERPOL (2012)
•McAfee (mobile security; 2011)

New Products or Capabilities (2004–2013)
•Hybrid Finger Identification
•NeoFace Facial Recognition
•Portable DNA Analyzer
•NEC Secure
•FastID
•Integra-ID (Multimodal Biometric Identification System
•Integra-ID Archive System
•High Sensitivity Camera (NC-R550)

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