HomeBusinessIDEMIA Announces Comprehensive Reorganization to Accelerate Growth

IDEMIA Announces Comprehensive Reorganization to Accelerate Growth

IDEMIA Group today announced a comprehensive reorganization of the company to pursue its mission to make the world safer for consumers and citizens. These changes have been in effect since January 2nd, 2024.

IDEMIA has consistently demonstrated its ability to perform in fast-evolving markets and pursue a strong sustainable growth trajectory, both in terms of sales and profitability. In 2023, IDEMIA’s revenue was nearly Euro 2.9 billion and an EBITDA over Euro 630 million.At the same time, it has always been a priority for the Group to simplify its operations and strengthen its customer-centricity.

The Group is therefore creating three Divisions, each operating as leaders in their specific market segment. Each Division will be given the means to accelerate future growth, to develop agility in their specific market segment and to provide tailored, innovation solutions to address their client needs.

IDEMIA Secure Transactions (IST) is a Division of IDEMIA Group specializing in payment and connectivity solutions. With a global workforce of approximately 10,000 employees across 50+ countries, and an annual issuance of billions of physical and digital credentials, the Division’s expertise in advanced cryptography and at-scale credential issuance uniquely positions it in the market. Trusted by 2,400 customers worldwide, IDEMIA Secure Transactions excels in providing ultra-secure products, including advanced payment solutions, mobile payment services, 5G and Quantum-Safe 5G technology, cloud-based digital connectivity, and eco-friendly processes, catering to the evolving needs of diverse industries.

IDEMIA Public Security (IPS) a Division of IDEMIA Group, is the premium provider of convenient, trusted biometric solutions revolutionizing the fields of public security and identity, travel and transportation, and access control around the world. Built on privacy and trust, our market-leading iris, fingerprint, and facial recognition solutions excel in independent benchmarking for accuracy, fairness, and scalability. For more than 50 years, the business has fostered longstanding relationships with major governmental, trans-governmental and private organizations across the globe. Its solutions —designed using the most advanced security features and encryption technologies available on the market and with a commitment to privacy, accuracy and fairness —enable its clients to build safer and fairer societies where people can live, interact, and move about freely. With more than 3,800 employees, IDEMIA Public Security is the largest global provider of law enforcement biometric systems. We provide TSA’s next generation Credential Authentication Technology (CAT2) and hold a market-leading position in identity documents in the U.S, including the issuance of over 60 million smart credentials in the Americas region.

This Division will be headed by Matthew Cole, who was previously Executive Vice President – Public Security & Identity Business Unit at IDEMIA.

IDEMIA Smart Identity (ISI) is a Division of IDEMIA Group specializing in physical and digital identity solutions. As a leader in secure identity solutions, IDEMIA Smart Identity offers a comprehensive portfolio, including state-of-the-art Civil ID documents, digital identity credentials, corporate cards, and associated services. With over 40 years of experience, the company has established itself as a trusted partner for governments globally, providing end-to-end solutions in civil ID, physical IDs, and digital solutions. The company also focuses on helping governments integrate digital solutions into their existing identity schemes, with a global presence in 79 countries and two major production facilities in Europe. As of now, IDEMIA Smart Identity has issued 3.5 billion identity documents worldwide, with 1,880 employees across 40 countries.

This Division will be headed by Antoine Grenier, who was previously Vice President – Europe Region for Public Security & Identity Business Unit at IDEMIA.


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