BAE SYSTEMS Presence in Fraud Detection Software
The major portion of BAE Systems’ revenue comes from its platform and services segment. The company also excels in the cybersecurity and electronic systems segments. BAE Systems offers scalable security solutions to governments, SMEs, and large enterprises across the globe. The company has a diverse product range, including network security, physical security, radars, surveillance, access control, SCADA security, and communication products and solutions. BAE Systems derives a major chunk of its revenue from the US, the UK, Saudi Arabia, and India. The company has a global reach, with offices located in North America, Europe, APAC, and MEA. BAE Systems receives high-budgeted contracts from the US Army, US Navy, UK Royal Army, UK Royal Navy, US Air Force Labs, and other government organizations. The company does not have a regional office in Latin America. By extending its reach to Latin America, the company can accelerate its progress by receiving national contracts from the region’s government, oil field contractors, and critical infrastructure projects. The company has a wide industry reach, and offers its products and services for several industry verticals, such as energy and power, power grids, oil and gas, transportation systems, and sensitive infrastructure. Hence, the company excels in the “breadth of applications served” criteria by providing systems, solutions, and services for various applications and industry verticals. The company receives several contracts from the governments of various nations for delivering customized product and services functionalities. The company also offers 24/7 support, which aids in solving the clients’ problems remotely. The company is highly focused on product innovations and invests more than 7% of its revenue in R&D activities, which are essential for new product development. The company has deployed products and services for several confidential and high-budgeted contracts for commercial clients and governments. This has helped it build a brand name and provide the best value for its customers. BAE Systems has large numbers of channel partners who offer the company’s products and services. The company has tie-ups with distributors, channel partners, consultants, and system integrators. Its strategy of focusing on R&D activities has helped the company to offer new products in the market. The company’s focus on product development and enhancements with high importance on R&D have resulted in its effective organic growth.