Hexagon AB

Hexagon AB

IT Services and IT Consulting

Empowering an autonomous, sustainable future

About us

Empowering an autonomous, sustainable future Hexagon is a global leader in digital reality solutions. We are putting data to work to boost efficiency, productivity, quality and safety across industrial, manufacturing, infrastructure, public sector, and mobility applications. Our technologies are shaping production and people-related ecosystems to become increasingly connected and autonomous – ensuring a scalable, sustainable future.

Website
https://hexagon.com
Industry
IT Services and IT Consulting
Company size
10,001+ employees
Headquarters
Stockholm
Type
Public Company

Locations

Employees at Hexagon AB

Updates

  • View organization page for Hexagon AB, graphic

    57,361 followers

    "In all the industries we serve, the power of AI has become a game changer." Our CTO, Burkhard Boeckem, recently spoke with deepsense.ai about how and why Hexagon has been developing and investing in AI for over a decade. Read below for Burkhard's thoughts and we hope you'll listen to the full episode.

    View profile for Burkhard Boeckem, graphic

    CTO Hexagon AB

    I recently had the pleasure of sitting down with deepsense.ai's Jan Kanty Milczek and Michal Tadeusiak to discuss Hexagon’s approach to AI. Our AI strategy is built on three pillars: improving efficiency for our existing customers, expanding our customer base with innovative features, and transforming industries with cutting-edge technologies. From our early work with machine learning to our current advancements with generative AI and unique datasets, Hexagon's commitment to innovation ensures that we don't just keep up with change – we drive it. Thanks Jan and Michal for a great conversation. Explore the full deeptalks series for more industry insights: https://lnkd.in/d4rVsB_7 #AI #Hexagon #RealityCapture #DigitalTransformation #Innovation

  • View organization page for Hexagon AB, graphic

    57,361 followers

    Thank you to Hexagon President and CEO Paolo Guglielmini for sharing the news regarding our Q2 results, showing a significant increase in recurring revenues, record-high gross margins, strong operating margins, and solid cash conversion. This progress demonstrates the strength of our internal fundamentals and the commitment of our global teams. We are grateful for our global colleagues for their incredible hard work and dedication to Hexagon's success.

    View profile for Paolo Guglielmini, graphic

    President and CEO, Hexagon

    I'm excited to share our Hexagon AB Q2 Interim report with you all! Despite some headwinds in key end-markets, this past quarter has demonstrated the strength of our internal fundamentals. I want to thank all our global teams for their hard work and commitment in support of our customers and partners.   Thanks to strong execution in innovation, continuous operational improvements, and effective cost and working capital management, we've seen a significant increase in recurring revenues, record-high gross margins, strong operating margins, and solid cash conversion.   While the trading environment, particularly in the construction and automotive markets, looks set to remain challenging in Q3, we are optimistic. Our continued focus on innovation and operational efficiency will help support the EBIT1 margin.   We are confident in these fundamentals and see Hexagon’s overall market and competitive positioning as a strong foundation for profitable growth once the macro environment improves.   I hope you'll read the full report posted on our website here: https://lnkd.in/dTrHdgPk   #Earnings #Innovation #Growth #OperationalExcellence #HexagonAB #BusinessUpdate

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  • View organization page for Hexagon AB, graphic

    57,361 followers

    Sound on. 🔊 Sometimes, the sound of success can be heard before you execute. 🏎️ Championship Formula 1 team Oracle Red Bull Racing & Red Bull Technology know that the platform for success is built in the development phase well before any rubber meets the track. 🏁 Learn more about how the team uses Hexagon technology to compose a symphony of precision. https://hxgn.biz/3WhrHrz

  • View organization page for Hexagon AB, graphic

    57,361 followers

    Trust the data and make the best decisions possible. Precision is everything in Formula 1, it's what makes the difference between winning the championship and not. For Hexagon partner Oracle Red Bull Racing & Red Bull Technology, it's also crucial to make constant incremental improvements to maintain its competitive advantage. To learn more and gain increments to help you make a better decision, read the full blog here: https://hxgn.biz/3WhrHrz

  • View organization page for Hexagon AB, graphic

    57,361 followers

    In response to the growing need for digital transformation and ESG compliance, Hexagon Asset Lifecycle Intelligence has introduced HxGN SDx2. This cloud-native SaaS solution combines project and asset operational data into a single digital twin, making it easier for industrial enterprises to manage their entire lifecycle. By integrating engineering, monitoring and optimisation, HxGN SDx2 helps businesses achieve optimal business performance in today’s demanding environment.

    Introducing our brand-new, revolutionary solution for engineering and operations information - HxGN SDx2! With vast oceans of data, how do you extract the insights that matter most - at the right place and time, and by the right person? No matter how digitally mature an organization is, siloes, inefficient legacy systems and fragmented data create roadblocks to truly making sense of data. To compete in the future, firms must rise to this challenge and unlock data’s full potential. Capturing and deploying data insights effectively will be central to improving business practices across the board. Enter HxGN SDx2. Our new cloud-native, multi-tenant SaaS solution delivers a digital backbone for industrial facilities. Data, workflow processes and information systems are connected, delivering contextualized insights ready to be put to work. This will enable artificial intelligence to come into play, increasing efficiency by automating previously manual processes. Leverage HxGN SDx2 to become more productive, resilient, autonomous and sustainable. Read more: https://hxgn.biz/sdx2 #DigitalTransformation #MakeDataMakeSense #Digitalization #IndustrialFacilities

  • View organization page for Hexagon AB, graphic

    57,361 followers

    Today in Reuters our head of sustainability Eva Carranza comments on the new EU Corporate Sustainability Due Diligence Directive. The main change with the CSDDD is that our audits will extend from key suppliers to all suppliers, including indirect, tier 2 and tier 3 suppliers. We will have a better risk-management process in place, which will improve business resilience. You'll find the full article here. https://hxgn.biz/4cCLmb3

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Funding

Hexagon AB 1 total round

Last Round

Grant

US$ 200.0K

See more info on crunchbase