Hexagon AB - Company Profile
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Business Description
Hexagon AB (Hexagon) is primarily engaged in integrating precision data and digital intelligence with human ingenuity to shape a more responsible future. The company captures ultra-precise 3D data in the physical world and applies AI, simulation, and automation to increase efficiency, quality, safety, and sustainability.
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R&D Overview
Hexagon’s R&D arm aims to improve and adapt existing products, identify new applications, and increase the total addressable market for its products and services. The company focuses on investing in new technology to develop high-performance, software centric products and solutions. Its R&D centers are located in Switzerland, China, India and the US. In FY2023, the company incurred expenses of EUR836.3 million on R&D, which as a percentage of revenue, stood at 15.4%.
Business Segments
Overview
Offers sensors for satellite positioning and capturing data from air and land; and geographic information system (GIS) software for building 3D models and maps. Mainly used in surveying, public safety, construction, mining and agriculture. Classifies offerings into three divisions: Geosystems, Safety, Infrastructure and Geospatial, and Autonomy and Positioning
Performance
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Overview
Offers sensor technology-equipped metrology systems, computer-aided design (CAD) software and computer-aided manufacturing (CAM) software for optimizing design and process in manufacturing facilities; and creation and integration of asset management data critical for planning, construction and operation of process facilities and plants. Serves automotive, oil and gas, and aerospace industries. Classifies offerings into two divisions: Manufacturing Intelligence and, Asset Lifecycle Intelligence.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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