What Nedap does

Nedap N.V. is a Dutch public technology company founded in 1929, listed on Euronext Amsterdam since 1947 under ticker NEDAP, and headquartered in Groenlo, Netherlands. The company designs and sells 'Digital Twin Technology' solutions that integrate IoT, RFID, Vision, AI and SaaS to bridge physical and digital operations across four vertical markets: Healthcare, Livestock, Retail and Security. Core platforms include the AEOS access control system, iD Cloud RFID-based retail inventory platform (used by 14,000+ stores globally), the Cow Monitoring Platform (connecting 8M+ cows worldwide), MediKIT and Ons Suite electronic health records (used by 1,900+ Dutch care providers and 400,000+ healthcare professionals), and Nedap Sense loss prevention. Supporting modules include Mobile Access NFC credentials, long-range uPASS vehicle readers, and Nedap UV disinfection drivers.

Nedap generates revenue through a mix of one-time hardware sales (RFID readers, access controllers, cow sensors, installations) and recurring software subscriptions, licenses and support services. In FY2025, total revenue was €279.8M (+11% YoY), with recurring revenue of €111.5M representing 40% of total. Q1 2026 revenue was €76.1M (+14.3% YoY) with recurring revenue up 15.5%. Operating profit reached €31.7M (+33% YoY) at an 11.3% operating margin, up from 9.5% in 2024, indicating operating leverage. The company sells primarily through direct enterprise field sales via 11 wholly-owned subsidiaries across Europe, the Middle East, North America, and Asia Pacific, supplemented by regional channel partners. Enterprise customer concentration is meaningful but diversified, with named anchor clients including VF Corporation (1,500+ stores), C&A (1,300+ stores), Albert Heijn / Ahold Delhaize, Abercrombie & Fitch and Lindex. Geographic mix is anchored in the Netherlands (37% of revenue), with growing presence in Italy and Saudi Arabia and continued investment in the US, China and Oceania.

The business has shifted from an electronics OEM into a platform-plus-modules Digital Twin operator, with a deliberate Create & Scale strategy focused on its four markets. Recent strategic moves include the iLOQ battery-free locking integration with AEOS (Dec 2025), the Abercrombie & Fitch iD Cloud rollout (Dec 2025), the Italy office launch (Sep 2025), the Saudi Arabia office launch (May 2026), the VF Corporation global partnership (Apr 2026), the C&A omnichannel partnership (Feb 2026) and the Albert Heijn Mobile Access expansion (Jun 2026). In April 2026, Rob Schuurman succeeded Ruben Wegman as CEO after Wegman's 18-year tenure, marking the first leadership transition in nearly two decades. The company is publicly held with no controlling parent and a diverse institutional shareholder base.

Name

Nedap

Legal name

Nedap N.V.

Website

https://nedap.com

Company type

Public

Founded year

1929

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Nedap N.V. is a Dutch public technology company providing Digital Twin solutions across Healthcare, Livestock, Retail and Security markets via proprietary platforms including RFID retail inventory (iD Cloud), cow monitoring (8M+ cows), EHR systems and access control (AEOS).

Ownership category

akta.pro rank

Product category

Enterprise Technology Solutions

NAICS

Support Activities for Animal Production (115210), Support Activities for Animal Production (11521), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)

SIC

Farm Machinery & Equipment (3523), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Livestock Precision Monitoring Software (Herd/Flock Analytics, Health Alerts) (AFAAAFAM)

akta.pro secondary industries

Remote Monitoring & Connected Pet Care (Wearables, IoT, Chronic Care Programs) (HLAMAGAL), Livestock & Dairy Equipment (IMAHACAG)

Keywords

• RFID inventory management
• Electronic health records
• Physical access control
• Livestock monitoring solutions
• Enterprise IoT platforms

Headquarters

HQ city

Groenlo

HQ country

Netherlands

HQ region

Europe

Offices12 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Supply Chain, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Products, Systems and Installations: Hardware products including RFID readers, access control systems, cow monitoring sensors, and related installations. Revenue from physical products and associated setup services.
2. Software Subscriptions (Licenses) and Services: Recurring revenue from software subscriptions, licenses, and maintenance contracts across Healthcare, Retail, and Security business units. Includes cloud platform subscriptions (iD Cloud) and support services.
3. Maintenance and Support Services: Ongoing maintenance, technical support, and software updates for installed customer base, contributing to stable recurring revenue stream.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

Nedap develops and sells Digital Twin Technology solutions across four vertical markets: Healthcare (Ons Suite and MediKIT electronic health records), Livestock (IoT-based cow monitoring platform connecting 8M+ cows), Retail (iD Cloud RFID inventory visibility and Sense loss prevention), and Security (AEOS access control, mobile credentials, and vehicle identification readers). The company combines hardware products (RFID readers, sensors, UV drivers) with cloud-based software platforms, earning recurring revenue (40% of total) from SaaS subscriptions and maintenance.

Product overview

Nedap is a Digital Twin Technology company offering a platform-plus-modules architecture across four key markets: Healthcare, Livestock, Retail, and Security. The core offerings include Nedap Access (security portfolio with AEOS platform for identity/credential management), the Cow Monitoring Platform (livestock management connecting 8M+ cows), iD Cloud (RFID-based retail inventory visibility), MediKIT and Ons Suite (EHR solutions for healthcare), and Sense (retail loss prevention). Supporting modules include Readers (vehicle/perimeter identification), UV (disinfection technology), and Mobile Access (NFC-based mobile credentials). The company operates on a recurring revenue model with software subscriptions and services comprising approximately 40% of revenue. Nedap's technology stack integrates IoT, RFID, Vision, AI, and SaaS.

Differentiator

Problem solved

Functional benefit

Brands

• iD Cloud: RFID-based inventory visibility platform for retail
• Sense
• MediKIT
• Ons Suite
• Cow Monitoring Platform
• AEOS
• Nedap Access
• Nedap Readers
• Nedap UV

Products and services

• Nedap Access (AEOS) Modern security portfolio for enterprise organizations enabling secure management of identities, credentials, and access rights with clear control over who can access what, where, and when. Powered by real-time intelligence, AI, and Digital Twin technology. Targets organizations needing physical access control at scale.
• Nedap iD Cloud (Inventory Engine) Advanced RFID technology platform enabling retailers to streamline operations, reduce waste, and ensure employees can focus on high-value tasks. Provides real-time item-level inventory visibility across all retail channels. Used by 14,000+ stores worldwide including VF Corporation (1,500+ stores), C&A (1,300+ stores), and Abercrombie & Fitch.
• Nedap Sense Advanced loss prevention and point-of-sale solutions forming the Smart Edge of the Inventory Engine. Features high-performance hardware, cloud-based platform, and data-driven insights to help retailers reduce shrinkage without compromising customer experience.
• Nedap Cow Monitoring Platform IoT-based livestock management platform helping farmers care for individual cows while reducing workload and resource use. Connects over 8 million cows worldwide, enabling better decisions that improve animal well-being, farm performance, and sustainability. Targets dairy and cattle farming operations globally.
• Nedap Ons Suite Comprehensive Electronic Health Record (EHR) solution supporting the full care process from intake to billing, on location or on the go. Used daily by over 2,000 care providers and approximately 400,000 healthcare professionals in the Netherlands, simplifying work and strengthening collaboration.
• Nedap MediKIT Modern, cloud-based Electronic Health Record (EHR) designed for general practitioners. Provides right information at any time and place, allowing GPs to focus on patient care with flexible integrations, secure data ownership, and minimal administrative burden.
• Nedap Readers Fast, secure identification readers for vehicle and perimeter access using advanced RFID, UHF, and license plate recognition. Enables reliable long-range, touchless identification for smooth traffic flow in parking, industrial, airport, and logistics environments.
• Nedap Mobile Access Mobile credential solution enabling employees to use smartphones via Apple Wallet and Google Wallet with NFC technology to securely access office buildings and facilities, replacing physical access badges. Deployed across Albert Heijn, Etos, Gall & Gall, and Ahold Delhaize offices in the Netherlands.
• Nedap UV Energy-efficient UV lamp drivers enabling future-proof disinfection with minimal environmental impact. Over 30 years of expertise helping businesses scale sustainably.

Quantifiable outcome

• Revenue increased by 11% to €279.8 million in 2025
• +4 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability4 records

Feature9 records

Partnerships

Seven partnerships are on record, tiered key account, flagship, core, minor and channel.

• Albert Heijnkey accountStrategic or Co-development Partner · 9 June 2026Expanded partnership to deploy Nedap Mobile Access across Albert Heijn, Etos, Gall & Gall, and Ahold Delhaize offices in the Netherlands. Employees use smartphones via Apple Wallet and Google Wallet with NFC technology to access secured areas, replacing physical access badges. The partnership reflects growing adoption of mobile credentials in large-scale retail environments.
• VF CorporationflagshipStrategic or Co-development Partner · 21 April 2026Strategic partnership to deploy Nedap Inventory Engine across VF's brand portfolio and 1,500+ stores globally, starting with The North Face in Q2 2026 before expanding to other VF brands including Vans and Timberland. The partnership creates unified inventory visibility, enhances stock accuracy, and extends to distribution channels for brand protection and grey-market prevention.
• C&Akey accountStrategic or Co-development Partner · 17 February 2026Partnership to optimize omnichannel logistics using Nedap's Inventory Engine for European fashion retailer with 1,300+ stores. The solution improves real-time inventory tracking and accuracy of Click & Collect services, reducing operational errors and supporting seamless customer experiences. Launched in late 2024 and scaling across omnichannel infrastructure.
• Abercrombie & Fitchkey accountStrategic or Co-development Partner · 9 December 2025Deployment of Nedap's RFID-equipped iD Cloud Store solution following successful 15-store pilot starting June 2025. Full implementation targeted for December 2025. Technology provides real-time item-level inventory visibility and location tracking to improve omnichannel fulfillment, inventory accuracy, and on-shelf product availability.
• iLOQcoreTechnology or Integration · 3 December 2025Strategic technology partnership to develop integrated access control solutions combining iLOQ's battery-free digital locking systems with Nedap's AEOS platform. The collaboration aims to deliver energy-efficient, mobile-first access solutions for high-demand sectors like critical infrastructure, utilities, industry, and healthcare. Features expected to roll out in early 2026.
• European retailers (STC study)minorOthersCollaboration with European retailers through STC study on retail theft, with Nedap providing technology insights on alcohol theft patterns in supermarkets across Italy, Germany, Spain, Ireland, and Belgium.
• NortechchannelChannel Partner/ Reseller/ DistributorNortech exhibits Nedap's uPASS Reach reader, a long-range vehicle identification system using passive UHF technology for parking applications. Nortech serves as a distribution/exhibition channel for vehicle access control products.

Scale indicators17 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• ASSA ABLOY: Global leader in physical access control, locks, and mobile credentials with a much broader product portfolio than Nedap Access; represents the dominant incumbent competing with Nedap's AEOS platform in enterprise security.
• Honeywell Building Technologies: Large diversified building security, access control, and IoT portfolio competing with Nedap Security across enterprise, government, and critical infrastructure deployments.
• Epic Systems: US-dominant EHR vendor serving large hospital systems globally; a broad incumbent against which Nedap's Ons Suite and MediKIT compete in healthcare digitization, particularly as Dutch/EU EHR standards evolve.

Direct peers

• Allflex Livestock Intelligence (MSD Animal Health): MSD/Merck Animal Health's livestock intelligence division, the largest direct competitor to Nedap's Cow Monitoring Platform in dairy and cattle RFID, biometric ID tags, and herd-monitoring IoT.
• Avery Dennison: Major RFID inlay and tag supplier with a growing retail intelligence software platform, competing head-to-head with Nedap's RFID infrastructure and inventory engine capabilities.
• Lely: Dutch-headquartered dairy farming technology company offering the Lely Astronaut milking robot and cow monitoring systems, directly competing with Nedap Livestock in the European dairy technology category.
• BouMatic: Dairy farm equipment and automation company offering milking systems and herd management software, directly overlapping with Nedap's livestock management product portfolio.
• Zebra Technologies: Global leader in enterprise RFID readers, tags, and retail inventory visibility solutions, directly competing with Nedap iD Cloud across fashion, grocery, and omnichannel retail deployments.
• Sensormatic Solutions (Johnson Controls): Retail loss prevention (EAS) and inventory intelligence vendor, a direct competitor to Nedap Sense in shrink reduction, source tagging, and item-level retail visibility.

Regional players

• ChipSoft: Netherlands-domiciled EHR vendor and Nedap's primary Dutch competitor in the healthcare IT market where Ons Suite and MediKIT lead; ChipSoft is dominant in Dutch hospitals while Nedap leads ambulatory/long-term care.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/nedap
• Facebookfacebook.com/NedapNV
• LinkedInlinkedin.com/company/nedap

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nedap