CHESEAUX, Switzerland -- The Kudelski Group (SIX: KUD.S), the world’s leading provider of media content protection and value-added service technology, announced today its 2012 annual results.
Total annual revenues and other operating income reached CHF 860.3 million. The 3.4% revenue reduction was partly driven by the 2011 divestment of the audio business, Polyright, EmbedICs, Medioh and Nagra Thomson Licensing. The lower other operating income reflects a reduction of innovation subsidies to French operations.
At CHF 35.7 million, the reported operating income for the year increased by CHF 10.3 million from the previous year, while the Group restored profitability with a CHF 16.1 million net income.
A CSP's digital transformation involves so much more than technology. Crucial – and often most challenging – is the cultural transformation that goes along with it. As Sigma's Chief Technology Officer, Catherine Michel has extensive experience with technology as she leads the company's entire product portfolio and strategy. But she's also no stranger to merging technology and culture, having taken a company — Tribold — from inception to acquisition (by Sigma in 2013), and she continues to advise service providers on how to drive their own transformations. This impressive female leader and vocal advocate for other women in the industry will join Women in Comms for a live radio show to discuss all things digital transformation, including the cultural transformation that goes along with it.