Indra Sistemas Strengths, Domain Expertise, and Key Differentiators
Indra is a global technology and consulting company and the technology partner for the key operations of its clients' businesses around the world. It is a global provider of proprietary solutions in specific segments of the Transport and Defense markets, and in digital transformation and Information Technology consulting in Spain and Latin America through its subsidiary Minsait. Its business model is based on a comprehensive offer of its products, with an end-to-end approach, high value, and with a high component of innovation.
Indra Sistemas Recent Developments
In November 2021, incorporated a new capability into its toll back office system to record transactions on a blockchain, from its Mova Collect line of solutions. The objective is to offer operators and concessionaires an even more robust and reliable solution that allows recording any operation quickly and efficiently, increasing data integrity, transparency, and traceability. The company partnered with ROADIS, a multinational in the infrastructure sector, to validate this technological solution on one of the highways that the company operates in Mexico: Monterrey-Saltillo (CAMS). They will implement this innovative technology with the aim of protecting the numerous transactions that take place in a concessionaire, providing them with greater security and reducing the possibility of fraud, helping to reinforce it as an intelligent and secure highway.
In July 2020, Minsait, an Indra company, presented to the market its Promo Codes solution designed, especially, to increase sales in Tourism and increase the loyalty and satisfaction of customers who travel in a time of crisis such as that faced by the sector after the expansion of the Coronavirus and the uncertainties arising from the gradual return to activity. Although the tourism market has been the most affected by the Covid-19 crisis worldwide, the expected new transits and reservations cast good expectations for a sector that, nevertheless, demands an adaptation in record time to the situation generated by the viruses and new operating models, to guarantee services and provide security to travelers.
In January 2020, Indra has strengthened its position in the field of radar manufacturing with the inauguration of a unique factory in Spain where equipment for both civilian and military use will be produced. Indra has concentrated the production of all its radar systems in a single 7,000-square-meter plant. Around 200 professionals, many of them with a level of experience difficult to find in Europe, collaborate to cover the entire radar manufacturing cycle, from the production of the electronic cards to the assembly itself. The vast majority of these latest generation radars will be exported to countries around the world.
European technology services firm Indra Sistemas has introduced its consulting unit Minsait to Brazil in order to support local companies in their digital transformation.
Minsait was first launched in 2016 and is already operating in Mexico, Italy, and Spain."
Indra Sistemas Mergers and Acquisitions (M&A) Activities
In July 2022, Indra, a global technology engineering firm serving aerospace, defense, and mobility sectors, completed the acquisition of Simumak, a specialist in advanced tactical training solutions, boasting over 5,000 simulators deployed worldwide. This strategic move bolsters Indra's leadership in simulation technology, expanding its portfolio and market presence while fostering industry consolidation, particularly in Spain.
In January 2021, Indra acquired SIA, a company specialized in cybersecurity services, thereby consolidating itself as a leader in the information security market in Spain and Portugal by volume of business in value-added services.SIA is a company with its own product and scalable capabilities for the provision of services and the development of advanced cybersecurity solutions in Europe and the rest of the world. It has a diversified and stable client base with more than 10,000 security projects and is the national leader in identity and electronic signature solutions.
In September 2019, the Group company Indra Tecnologías de la Información, S.L.U. acquired 100% of the company Morpheus Aiolos, S.L. for €1,414.
In January 2018, Indra acquired Paradigma, a leading company in disruptive technologies for digital transformation. With this acquisition, Indra completes its product and service offering through Minsait, combining the capability to create 'digital native' businesses, which is the core of Paradigma, with the 'transformational' dimension, of a relevant weight in Minsait's activity."""
Indra Sistemas Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Indra Sistemas applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Indra Sistemas and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Indra Multiple Cloud Solutions, customers.
Indra Sistemas Overview
Avenida de Bruselas 35, Alcobendas
Madrid, x, 28108, Spain
34 914-805-002
https://www.indracompany.com/
Ownership: - BME: IDR
Number of Employees: 56735
Functional Markets: ERP Services and Operations,
Key Verticals: Aerospace and Defense, Banking and Financial Services, Communications, Healthcare, Life Insurance, P&C Insurance, Media, Professional Services, Transportation, Utilities,
Indra Sistemas Key Enterprise and Cloud Applications
Indra Multiple Cloud Solutions,
Indra Sistemas Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Indra Sistemas Revenue Breakdown By Type, $M:
Indra Sistemas Enterprise Applications Revenues By Functional Markets, $M:
Indra Sistemas Enterprise Applications Revenues By Verticals, $M:
Indra Sistemas Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Indra Sistemas Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Indra Sistemas Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Indra Sistemas Customers
No. of Indra Sistemas Customers: 3903998
No. of Indra Sistemas Enterprise Applications Customers: x
No. of Indra Sistemas Cloud Customers: x
No. of Indra Sistemas Cloud Subscribers: x
Indra has a local presence in 46 countries and commercial operations in more than 140 countries. Indra addresses the technology needs of more than 400 clients. Over 240 million mobile clients worldwide are managed with Indra systems (Telefónica, UNI2, Grupo RTVE, VIVO, TMN, Vodafone, Recoletos, etc.), 9 of the 10 leading Spanish financial organizations are Indra clients, 25 million electronic health records, over 140 utilities companies use Indra technology solutions, more than 1.200 installations of air traffic management in 90 countries and more than 3400 km of terrestrial and maritime border guarded.
Indra Sistemas Market Opportunities, M&A and Geo Expansions
In November 2021, Minsait launched Plaiground, an innovative response to facilitate companies’ access to artificial intelligence. Through Plaiground, its new business unit, it offers the most appropriate response to all the specific challenges faced by companies, thanks to the combination of the most advanced technologies with a unique ecosystem of specialized talent. At the same time, it enables companies to innovate and experiment on how they can apply the latest technological developments. By creating a collaborative environment, Plaiground facilitates access to the talent, methodologies, and technologies that organizations need to be able to create business processes based on Artificial Intelligence which enables them to be more sustainable and competitive in a rapidly evolving technological environment.
In August 2020, Indra was given a new impetus to its commitment to continuous improvement, quality, and customer satisfaction, by expanding and strengthening its quality management system with various certifications of scope global. Specifically, it renewed with AENOR the certificate that certifies compliance with the general international standard ISO 9001: 2015 and the specific quality certifications of the IRIS railway sector, according to ISO 22163, and of the aerospace sector EN 9100 and EN 9110 and defense, PECAL / AQAP 2110-2310. In addition, it has achieved the EN 9120 certification related to “Aerospace Material. Quality Management Systems. Requirements for aviation, space and defense distributors ”. With the renewal of these certificates, Indra further extends its unique, homogeneous, and integrated quality management system, already implemented in 77 work centers in 14 countries, encompassing a total of 44 group companies, and the work of some 20,000 Company professionals, committed to complying with these regulations. Specifically, Indra's global quality management system covers Spain, Argentina, Brazil, Chile, Colombia, Slovakia, the Philippines, Italy, Mexico, Panama, Peru, Portugal, the Czech Republic, and Uruguay.
In June 2020, Indra lead three of the main projects financed by the European Commission within the European Defense Sector Industrial Development Program (EDIDP) and will participate as a partner in two more, reaffirming its position as one of the large companies that are leading the construction of the "Europe of Defense". The company has won the three proposals it presented as a leader and is the company that will coordinate the most projects within this call. The five initiatives in which Indra will participate will mobilize a total of 175 million euros and will have financing of 107 million euros from the European Commission, more than 50% of the total budget for this first call for the EDIDP program. Defense companies from more than 20 countries participate in these projects.
Opportunities are emerging in Morocco across markets where Indra has already implemented emblematic air traffic, transport, and security projects, and even more extensively in markets such as the Information Technology sector, which is driven by the Morocco Digital 2020 Strategy, particularly in light of Indra's position as an IT bellwether in Spain and Latin America, and the company's leadership in providing digital transformation products and solutions.
Earlier in 2016, Indra in Peru had become a partner of SAP to optimize the business processes of its customers through high-value solutions. Additionally, Indra has launched GHybrid Engine, the business platform that combines the cloud technology assets of both companies (Google Cloud Platform and the Indra GPaaS Cloud solutions suite) to offer their clients advanced solutions that bring together the advantages of the models supported by private and public clouds."
Indra Sistemas Risks and Challenges
Much of Indra's business is in consulting and professional services and its recent investment in R&D underscores mounting pressures for the vendor to stay at the leading edge in hopes of moving up the technology food chain and perhaps replicating successes of vendors like Amadeus and Sabre that are more heavily oriented toward product development over services delivery.
Recent slowdown in its core markets such as Spain as well as sluggish oil and commodity prices could stall its growth in 2019.
Indra Sistemas Ecosystem, Partners, Resellers and SI
Indra’s ecosystem of partners is currently comprised of formal relationships with 300 companies of all sizes, specializations, and locations.
The ecosystem is an essential element in achieving a double goal: to become more global and more innovative each day in order to help their customers to expand internationally and to innovate constantly themselves.
Indra Sistemas Cloud Infrastructure Insights
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Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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