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AddSecure India Reviews

Bengaluru, Karnataka

4.5/ 5

2 reviews

AddSecure is a leading European provider of secure IoT connectivity and end-to-end solutions, dedicated to helping customers optimize operations, drive business value, and secure vital societal functions. Founded in 2000 and headquartered in Stockholm, Sweden, the company has grown into an international organization with over 1,100 employees, serving more than 50,000 customers worldwide, with its primary market footprint spanning across Europe. AddSecure specializes in delivering secure, data-driven, and sensor-based communications tailored for mission-critical applications across various sectors, including security, rescue services, transport, logistics, healthcare, utilities, smart cities, and construction. The company operates through several specialized business units, including Smart Alarms, Smart Transport, Smart Surveillance, and Smart Mobility. In the Smart Alarms and security sectors, AddSecure provides highly reliable systems for intruder, fire, and technical alarms. Its advanced solutions, such as the Next Generation Portfolio (NGP) and the NGP Advanced Extra DP4, feature dual-path signaling over LAN and 4G to ensure robust, tamper-resistant performance that meets strict European regulatory standards, including LPCB certification. The company also offers products like AddSecure PathLink, which allows fast upgrades of legacy alarm panels to cellular 4G connectivity. In the transport and logistics industry, AddSecure is a prominent provider of connected fleet management solutions. Its smart platforms enable transport operators to run safer and more efficient fleets by collecting and enriching real-time data across the entire order-to-cash process. Key offerings include temperature monitoring for cold chain logistics, asset tracking for agriculture, and passenger transport management. To enhance driver safety and reduce operational costs, the company utilizes advanced telematics like FleetVision Video, which combines AI-powered safety scores with video context to improve driving behavior. Additionally, AddSecure provides Push-to-Talk over Cellular (PoC) systems, such as the GroupTalk GT25 4G radio, enabling instant communication, location tracking, and live video integration for mobile teams. From a corporate and financial perspective, AddSecure is majority-owned by funds managed by Castik Capital, a European private equity firm that acquired the company in September 2019. Minority owners include Abry Partners as well as the company’s management and employees. The executive leadership team includes Chief Executive Officer Stefan Albertsson, Chief Financial Officer Rasmus Pedersen, and Chief Operating Officer Krister Tånneryd. Operating with a focus on value creation, AddSecure actively pursues an active consolidation strategy, expanding its market presence through strategic acquisitions, such as Astrata’s European telematics division, Clifford, and DigiComm Group. Committed to environmental responsibility, the company integrates strict ESG frameworks into its operations, which has earned its sustainability program a prestigious gold rating from EcoVadis for multiple consecutive years.