Growing Engineering Capabilities Sigma Connectivity has significantly expanded its engineering team from 180 to over 700 engineers since 2013, demonstrating a strong focus on innovation and capacity for large-scale connected device development, presenting opportunities for partners seeking extensive R&D collaboration.
Strategic Industry Partnerships The company has established collaborations with major industry players like Qualcomm, Ericsson, and Mobilaris, highlighting a strong position in IoT and industrial safety markets, ideal for vendors offering IoT modules, safety solutions, and cloud integration services.
Recent Market Expansion With new offices in Copenhagen and ongoing global operations across 12 sites, Sigma Connectivity is expanding its geographic reach, offering sales prospects in European markets and multiregional IoT deployment opportunities.
Focus on IoT Innovation Sigma’s mission to accelerate IoT innovation with cloud services and connected solutions indicates demand for advanced connectivity hardware, firmware, and platform services, opening avenues for technology providers specializing in these areas.
Financial Growth Potential With annual revenues ranging from $25 million to $50 million, Sigma Connectivity is a mid-sized company with room for growth and increased spend in connected device development, signaling potential for upselling complementary hardware, software, and professional services.