Bittium in Brief
Description of Operations
Bittium is a Finnish technology company specializing in the development of reliable, secure communications and connectivity solutions and the development of products and services for measuring and monitoring biosignals outside of hospitals. Bittium has an over 35-year legacy of deep expertise in various technologies. Bittium provides its customers with innovative products and services, customized solutions based on its product platforms, and product development services.
Sustainability is present in Bittium´s operations throughout the life cycle of our products, in our procurement chains, and in the way we create value for the surrounding society.
Strategy in a Nutshell
Bittium aims to be a significant global provider of secure and safe communications solutions in the defense and public safety markets and a leading provider of connectivity solutions and R&D services for different industries, as well as a significant provider of remote measuring and diagnostics solutions for measuring and analyzing biosignals.
Bittium´s business is divided into three business areas: Defense & Security, Connectivity Solutions, and Medical Technologies.
The Medical Technologies business unit consists of three business areas, which are measuring and analyzing the electrical activity (ECG) of the heart (Cardiac), measuring and analyzing the electrical activity of the brain (EEG) (Neuro), and measuring and analyzing sleep apnea at home (Sleep). In the coming years, alongside the product business, the company will invest in diversifying the software business and increasing the net sales it generates. In the Medical Technologies business, the focus will be on increasing the international customer base and market shares.
In the Defense & Security business unit, the company offers secure communication solutions for the authority, defense, and other professional user markets. The business consists of tactical communication solutions targeted to the defense market and high-security communication solutions targeted to the authorities. Over the past years, the company has made significant investments to expand its product portfolio. The products and systems are now internationally at a very competitive level in terms of coverage and technical features. In the next phase, the company will utilize the previously made product development investments and invest strongly in international sales and marketing. The company´s goal is to significantly grow the international product business and achieve an internationally significant position as a provider of tactical communication and high-security communication solutions.
In the Connectivity Solutions business unit, the company offers its customers product development services and wireless connectivity solutions for the development of new innovative products in a secure and developing wireless environment. In the coming years, the company will focus on growing its international customer base in the Telecom, Industrial IoT, and MedTech market segments.
Bittium has made significant product development investments in its own products and solutions between 2018 and 2022. These product development investments have been completed, and the company is moving from product development-focused product portfolio expansion to international business expansion and growth. Bittium is aiming for international growth in the product business in both tactical communication solutions and medical technology products and services in the coming years.
Bittium continues to explore inorganic growth opportunities and is ready to invest in acquisitions that support the company´s growth strategy.