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Sigma Technology

Bold ventures yielded unprecedented success

Sigma Technology Group is a global technology consulting company with operations throughout Sweden and in Hungary, China, Norway, Germany and Ukraine, and global delivery to Europe, the United States and China. Our offer is broad but focuses on digitalisation and electrification. We have extensive expertise in software development, product information, digital services, embedded systems, and IT infrastructure. Delivery takes place partly on the customer’s premises and partly in larger development teams in their own offices, all around the world. In recent years, we have achieved strong strategic positions in electrification and digitalisation in the automotive industry, a thriving industry that will continue to devour massive development resources.

Our aggressive strategy during the pandemic paid off

The pandemic forced operations in many industries to grind to a halt, and the demand for our services plummeted. But we knew that the trend in digitalisation and electrification was strong and that the pent-up need for competence and capacity would only accumulate during the pandemic. We saw an unprecedented opportunity for us to gain market shares.

In response, we decided to go on the offensive. We started ten new entrepreneur-driven companies and made major investments in all our existing companies. During the same period, our competitors were surprisingly idle.

Our daring efforts continue to bear fruit and the strategy has exceeded its objectives. With these fresh businesses, we have established ourselves in new industries and areas of expertise, with new customers and new, important framework agreements.

Local drive spurs global strength

At the turn of the year 2021/22, a development step was launched to future-proof a decentralised leadership structure by dividing our operations in Sweden into three sub-groups. Through this division, our driving force is future-proofed and strengthened, but we also maintain our emphasis on proximity to our customers and employees. This helps us to make the most of the energy and drive that characterise entrepreneur-driven companies. With our corporate structure, we can bring together leaders and expertise from both our current businesses and our new ones, whose diverse backgrounds and industry experiences contribute the strength to keep us stable and strong in a global market.

The year in brief

Our growth journey continues, and by combining the expertise and capabilities of our cutting-edge companies, we can provide a unique range of offerings that attract major, global customers. A prime example is a project for one of the world’s three largest truck manufacturers, based in Germany, where we have been selected as a global supplier for the development of completely new business-critical system support. The project involves deliveries and employees from Germany, Sweden, Hungary and Ukraine.

We are also proud and happy about all the new framework agreements we have signed and all the new strategic deals and new customers we managed to land over the course of the year. Our goals remain lofty, and so far we are ahead of our growth plan. We intend to become the market leader in digitalisation and electrification. Our previous goal of doubling sales to SEK 2 billion by 2024 must be revised, as we are already expected to have a turnover of almost SEK 1.9 billion this year.

Danir is a unique group in which you are limited solely by yourself and your own performance. Only your imagination sets the limit for the heights to which you and your organisation can climb. Our offensive success is proof of that.

THE YEAR IN NUMBERS

Figures from the previous year for Sigma Technology.

Revenue
msek
2018
2019
2020
2021
2022
Number of employees
1,330
+11%
2022
2021
Annual growth
Total 2021 - 2022
CAGR*, total 2017 - 2022
CAGR*, organic 2017 - 2022

*Compound Annual Growth Rate.

Sigma Technology

Sigma Technology Group is a global technology consulting company with operations throughout Sweden and in Hungary, China, Norway, Germany and Ukraine, and global delivery to Europe, the United States and China. Our offer is broad but focuses on digitalisation and electrification. We have extensive expertise in software development, product information, digital services, embedded systems, and IT infrastructure. Delivery takes place partly on the customer’s premises and partly in larger development teams in their own offices, all around the world. In recent years, we have achieved strong strategic positions in electrification and digitalisation in the automotive industry, a thriving industry that will continue to devour massive development resources.

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