WithSecure Oyj - Company Profile

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WithSecure Oyj: Segment Analysis

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Business Description

WithSecure Oyj (WithSecure), formerly F-Secure Oyj, provides cybersecurity solutions for customers and business enterprises. It involves in the development and provision of a unified, cloud-based cybersecurity platform. This platform is designed to offer intelligent and highly automated security features. The company provides endpoint protection products, detection and response, and privacy solutions against potent cyber-attacks, and network security solutions through its WithSecure software. It also involves in designing hardware with built-in security, from industrial data loggers to personal cryptocurrency wallets. It creates embedded applications for different sectors and functions by using a combination of engineering and hacking techniques.

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R&D Overview

WithSecure’s R&D arm focuses on the development of new products and improving protection capabilities of existing products, and boost usability both for consumer and corporate customers. The company’s R&D arm concentrates on investing in third-party technology to offer the best protection, cutting-edge detection and response capabilities, and high customer satisfaction. The team also focuses on tracking and researching threat actors, studying Large Language Models (LMM), and exploring the intersection of cybersecurity and AI. The company has also extensively focused on the topic of Large Language Models (LMM) and their implications for cybersecurity, resulting in several highly visible publications. The company plans to continue researching the intersection of cybersecurity and AI. In FY2023, the company incurred expenses of EUR47.3 million on R&D, which as a percentage of revenue, stood at 33%.

Business Segments

Overview

Includes a software product that scans external content for potential malware before it is loaded into Salesforce.

Performance

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Overview

Offers consulting services to large enterprise customers.

Performance

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Overview

Includes elements cloud products and services, on-premise products, managed services (including countercept managed detection and response, MDR), and other products.

Performance

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Geographical Segments

Performance

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Performance

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Performance

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Performance

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