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Secure Transactions News

Gemalto focuses on Digital Security

Thursday 29 March 2007

Gemalto expands beyond the smart card technology to address the Identity and Access Management (IAM) market, forecasted by IDC to evolve from US$ 3.4 billion (EUR 2.5 billion) in 2006 to more than US$ 5 billion (EUR 3.75 billion) in 2010. Thanks to its more than 1500 R&D engineers, the report foresees “a wide avenue of growth for Gemalto products”. According to IDC, smart cards are perceived as a preferred operational platform to develop IAM solutions. Olivier Piou, Gemalto CEO reaffirmed its commitment to expanding in the digital security market: "In fact, smart cards represent only part of what Gemalto offers to enterprises seeking more security and convenience".