2023 ANNUAL RESULTS - Seite 3

In 2023, Digital Television generated initial revenues from its sports streaming platform with further ramp up expected in 2024. The introduction of Eurovision Sport, a novel global sports streaming service launched in collaboration with the European Broadcasting Union (EBU), and other sports-related services are poised to enhance revenues from this platform. The Digital Television unit also launched promising new solutions, such as NAGRA Insight Negotiation Agent, which leverages the power of AI to improve chatbots by better responding to consumer requests, and expanded the market reach of NAGRA Scout, an intelligent connected lifestyle security solution that safeguards consumers and their smart homes from cyber threats.

Among the highlights of the year, NAGRAVISION deployed its Active Streaming Protection solution for ZEE5, India’s largest home-grown video streaming platform with more than 100 million monthly users, while Claro Colombia, the largest mobile telecommunications provider in Colombia,selected TVkey Cloud as a direct-to-TV offering for its Claro tv+ service. In Hungary, leading broadband and TV service provider4iG selected NAGRAVISION as its system integrator and solution partner to lead their migration to a multi-network, super-aggregated and multi-device TV service. German operator Tele Columbus selected NAGRAVISION as its solution provider and prime integrator to launch its new hybrid cable and multiscreen solution, Pyur TV. With its embedded AI capabilities, this solution will enable Tele Columbus to increase subscriber engagement and loyalty. Canal+ Telecom selected NAGRA Scout to provide first-of-its-kind smart home automation with security aimed at increasing subscriber brand loyalty in French overseas regions. Content distributor Eluvio integrated NAGRA NexGuard forensic watermarking to secure playback of TV, films and other premium video via the Eluvio Content Fabric and Eluvio Media Wallet.
 

CYBERSECURITY: A YEAR MARKED BY SIGNIFICANT MILESTONES

The Group’s cybersecurity business delivered another strong performance in 2023. Kudelski Security is on the right path to drive scalability and reach profitable growth, with an updated strategy focused on total client experience and integrated solutions including Advisory and Managed Detection and Response (MDR) services. Kudelski Security posted USD 185.9 million of gross revenues. Net revenues were at USD 119.3 million, representing a 9.2% growth. Overall, managed security service revenues surged by 28%, reaching USD 52.9 million in 2023. This robust growth trajectory is anticipated to continue into 2024 and beyond, buoyed by the upward trend in bookings, which reached USD 58.3 million in 2023.