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Nexus expands in Asia – expected revenue growth of 50%

Published 25/9 2018

Identity and security company Nexus Group is growing its footprint in Asia: last year the company’s revenue growth in the region was 50%, and this trend is expected to continue. “We are therefore investing more in the region by hiring more people and opening a new office in India”, says Lars Pettersson, CEO of Nexus.

Swedish-owned Nexus currently has its biggest markets in the Nordic and DACH (Germany, Austria, and Switzerland) regions.

“The demand for our Smart ID platform is increasing in these markets, but the growth rate of the emerging economies in Asia are far ahead of the developed world, and this is reflected in the demand for identity solutions,” says Pettersson.

Nexus is already a leading vendor in Asia

Nexus has already established itself in Asia as one of the leading vendors of identity solutions.

“Our solutions are enabling multifactor authentication for Asian retail banks, cloud security for Asian enterprises, and digital signatures for a billion Indian citizens, among other things. Our impressive customer base in the region demonstrates that we are trustworthy which will help us as…

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Facts & figures

Swedish-owned Nexus Group is an innovative and rapidly growing product company, which develops identity and security solutions. Nexus has enabled trusted identities for people, software and devices since 1984, and its technology is today relied upon by many organizations and 100 million end users around the world.

The company has 300 employees across 15 offices in Europe, India and the US, as well as a global partner network.

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