IN Groupe Invests in Its Industrial Infrastructure and Doubles the Production Capacity Dedicated to Its SPS Product Line
PARIS, May 22, 2019 /PRNewswire-PRWeb/ -- IN Groupe is facing a significant surge in demand for its SPS products both in the identity and banking segment. This product traction is especially fueled by the booming demand for dual interface banking cards in Asia, North and Latin America on top of the regular growth in all the other regions.
To anticipate this growing demand, IN Groupe decided to launch a strong expansion plan several months ago dedicated to its SPS branded product line, that sees the company expand in a new building allowing it to double its production capacity and to reach 600 to 800 million units production capacity by 2020. IN Groupe already doubled its production capacity dedicated to its SPS product line over the last two-year period, reaching 300 million units in 2018.
The expansion touches all aspects of SPS organization: besides its production lines, IN Groupe is also expanding its supply chain and office capacity dedicated to SPS to always improve its customer service and to serve better smart card industrialists worldwide. The new building extension will mainly be dedicated to new office and logistic activities, and free more space for production in current facilities.
IN Groupe production dedicated to SPS is based on a combination of internal manufacturing and production hosted at a set of qualified manufacturing partners. SPS develops and industrializes its own products and manufacturing processes before expanding the production with its manufacturing partners. This way, along with a permanent quality control, the company ensures a maximum flexibility and customer proximity.
Philippe Patrice, VP of IN Groupe and CEO of SPS, declares: "Thanks to the extension of our production and support services, we are in an always better position to serve smart card vendors bringing them the best combination between innovation and a reliable supply chain, allowing them to supply card issuers with best in class contactless and dual interface cards."
About SPS
With the SPS brand, IN Groupe opens its secure components technology to all card and document manufacturers. SPS is specialized in the design, manufacturing and sale of contactless solutions dedicated to ID cards, e-passport and dual interface banking cards. Located in Rousset, France, with a subsidiary in Singapore, SPS employs 140 people. The company specializes in contactless and dual-interface products, with a recognized micro packaging expertise. SPS has filed over 120 patents supporting its exclusive technologies. More information at http://www.s-p-s.com
SPS is part of the IN Groupe.
A partner of the French government for close to 500 years, IN Groupe offers identity solutions and secure digital services, at the leading edge of technology and integrating electronics and biometrics.
From components to services and from documents to interoperable systems, IN Groupe is a global specialist in identity and secure digital services. The institution plays a daily role in facilitating everyone's life: helping states exercise their sovereignty, citizens protect their identity and businesses preserve their integrity.
Whatever the issue, IN Groupe, a company for digital sovereignty, contributes to asserting a fundamental right for everyone: the right to be you.
Based in Paris, the IN Groupe has two production centers and employs more than 1000 employees, of which over a third is dedicated to technology development.
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SOURCE IN Groupe
