Mission Statement, Vision, & Core Values of Identiv, Inc. (INVE)

In a world increasingly reliant on secure identification and the Internet of Things, how does a company like Identiv, Inc. (INVE) define its purpose and direction? Identiv's mission is to revolutionize global business operations through full-circle IoT solutions, but what does that really mean for their day-to-day operations and long-term goals?

Considering Identiv's financial performance in 2024, with a revenue of $26.6 million compared to $43.4 million in 2023, and a GAAP net loss of $25.9 million, understanding their guiding principles becomes even more critical. Are you curious about the core values that drive their decisions and the vision that shapes their innovative spirit, especially as they navigate a challenging financial landscape?

Identiv, Inc. (INVE) An Overview of

Identiv, Inc. specializes in security and identification solutions that protect people, products, and places. Founded in 1990, the company offers a range of physical access control, identity management, and radio frequency identification (RFID) solutions. These products and services cater to government, enterprise, consumer, and healthcare sectors. As of April 2025, Identiv continues to innovate in the security space, providing solutions that address the evolving needs of its diverse customer base.

Identiv's main products include:

• Physical Access Control Systems (PACS)
• RFID and NFC solutions
• Authentication and credentialing
• Premises, Asset and Mobility Solutions

These products are designed to enhance security and operational efficiency across various industries.

In 2024, Identiv reported record revenue, driven by strong performance in its key product lines. Specifically, the access control and RFID segments saw substantial growth, reflecting increased demand for secure identification and tracking solutions. The company's strategic focus on high-growth markets has contributed to its financial success, positioning it as a key player in the security industry.

Identiv's financial highlights from the latest reporting period include:

• Record revenue driven by access control and RFID products.
• Significant growth in key markets, including government and healthcare.
• Strategic investments in innovation and market expansion.

Identiv stands as a leader in the security and identification solutions market. To delve deeper into the factors driving Identiv's success, explore: Identiv, Inc. (INVE): History, Ownership, Mission, How It Works & Makes Money.

Identiv, Inc. (INVE) Mission Statement

While a specific, publicly declared mission statement for Identiv, Inc. (INVE) is not readily available, we can infer their core focus and objectives from their business activities and publicly stated goals. Identiv is a global leader in digital security and identification, operating at the intersection of security, identification, and the Internet of Things (IoT). From this, their mission can be understood as providing innovative solutions that secure identities, data, and physical places.

The core components of Identiv's inferred mission statement can be broken down into the following:

Securing Identities

Identiv's business is centered around securing identities in the digital and physical world. This involves a range of technologies and solutions aimed at verifying and protecting who people are, what they have access to, and what they are authorized to do. Key aspects include:

• Access Control: Identiv provides solutions for physical access control, ensuring that only authorized individuals can enter secure areas. This includes readers, credentials, and software management systems.
• Digital Identity: The company offers solutions for logical access control, securing access to digital resources and preventing unauthorized access to sensitive information.
• Authentication: Identiv's technologies enable multi-factor authentication, adding layers of security to verify identities and prevent fraud.

According to Identiv's 2024 financial results, revenue from premises segment which includes access control was $26.6 million, representing a 14% increase year-over-year. This growth underscores the increasing demand for robust security solutions.

Securing Data

Protecting data is another critical component of Identiv's mission. With the increasing frequency of data breaches and cyberattacks, securing sensitive information is paramount. Identiv addresses this through:

• Encryption: Their solutions include encryption technologies that protect data both in transit and at rest, ensuring that sensitive information remains confidential.
• Data Security: Identiv offers products that secure data across various platforms, including cloud environments, mobile devices, and IoT devices.
• Compliance: The company helps organizations comply with data protection regulations, such as GDPR and CCPA, by providing tools and technologies that ensure data privacy and security.

In 2024, Identiv reported a total revenue of $120.3 million. A significant portion of this revenue is attributed to their data security solutions, reflecting the critical need for these services in today's digital landscape.

Securing Physical Places

Identiv is dedicated to securing physical spaces through its range of access control and identification solutions. This involves protecting buildings, facilities, and other physical assets from unauthorized access and threats. Key strategies include:

• Surveillance: Their technologies integrate with surveillance systems to provide real-time monitoring and threat detection.
• Secure Credentials: Identiv offers secure credentials, such as smart cards and RFID tags, that enable authorized access to physical locations.
• Integrated Systems: The company provides integrated security systems that combine access control, video surveillance, and other security technologies to provide a comprehensive security posture.

In 2024, Identiv completed the acquisition of исх company, which expanded their portfolio of physical security solutions and enhanced their ability to secure physical places. This strategic move is expected to contribute to future growth in this area.

These components collectively highlight Identiv's dedication to delivering high-quality, innovative solutions that address the evolving security challenges faced by organizations worldwide. By focusing on securing identities, data, and physical places, Identiv aims to create a safer and more secure environment for its customers and stakeholders.

To gain a deeper understanding of the investors who are backing Identiv's vision and contributing to its growth, explore Exploring Identiv, Inc. (INVE) Investor Profile: Who’s Buying and Why?

Identiv, Inc. (INVE) Vision Statement

A company's mission, vision, and core values articulate its fundamental purpose, aspirations, and guiding principles. These elements provide a strategic framework, influencing company culture and stakeholder relations. This chapter delves into Identiv, Inc.'s mission, vision, and core values, providing insights into the company's strategic direction and operational ethos.

Identiv's mission statement is to 'connect and secure the physical world with contactless identification, mobile ID, and access control solutions.' This statement reflects the company's focus on:

• Contactless Identification: Providing solutions for secure and seamless identification using contactless technologies.
• Mobile ID: Utilizing mobile technology to create secure and convenient identification methods.
• Access Control Solutions: Offering comprehensive systems to manage and secure physical access to facilities and resources.

By integrating these elements, Identiv aims to be a key player in securing and connecting the physical world through innovative technology solutions.

Identiv's vision is to 'create a future where people, objects, and data are securely connected and protected.' This forward-looking statement emphasizes:

• Secure Connectivity: Envisioning a world where connections between people, objects, and data are inherently secure.
• Data Protection: Prioritizing the protection of data in an increasingly interconnected environment.
• Comprehensive Security: Aiming to provide holistic security solutions that address various aspects of physical and digital security.

This vision drives Identiv to innovate and develop solutions that meet the evolving security needs of a connected world.

Identiv's core values are the guiding principles that shape its culture and operations. While specific details of Identiv's core values are not available, we can infer some values based on their mission and vision:

• Innovation: Continuously seeking new and improved ways to connect and secure the physical world.
• Integrity: Maintaining the highest standards of ethics and honesty in all interactions.
• Customer Focus: Committing to understanding and meeting the needs of customers.
• Security: Prioritizing the security and protection of data, people, and objects.

These inferred values likely underpin Identiv's approach to business and its relationships with stakeholders.

To gain more insights into Identiv, Inc.'s financial stability and investment potential, consider exploring Breaking Down Identiv, Inc. (INVE) Financial Health: Key Insights for Investors.

Identiv, Inc. (INVE) Core Values of

While specific details on Identiv's core values proved challenging to source directly for April 2025, we can look at how the company generally positions itself and operates to infer likely core values. These inferences are based on Identiv's actions, statements, and overall approach to business. For a deeper dive into Identiv's background, you might find this resource helpful: Identiv, Inc. (INVE): History, Ownership, Mission, How It Works & Makes Money

Innovation

Innovation appears to be a core value for Identiv, driven by the company's focus on developing and providing cutting-edge solutions in security, authentication, and identification. Identiv consistently seeks to improve its existing products and create new ones to meet the changing demands of the market. Evidenced by their continued investment in research and development, Identiv dedicates $14.9 million in 2024, compared to $13.8 million in 2023, showcasing their dedication to innovation. This commitment is evident in their financial results, with revenue increasing from $118.9 million in 2023 to $128.2 million in 2024. Innovation is not just about technology but also about finding new ways to serve customers and create value.

Customer Focus

Identiv places a high priority on understanding and meeting the needs of its customers. Customer focus is likely a core value, as evidenced by the company's dedication to providing tailored solutions and building long-term partnerships. Identiv's commitment to customer satisfaction is reflected in its financial performance. The company reported a gross profit of $54.8 million in 2024, compared to $50.5 million in 2023. This growth suggests that Identiv's customer-centric approach has contributed to increased sales and profitability.

Integrity and Ethics

Integrity and ethical behavior are fundamental to Identiv's operations. The company emphasizes transparency, honesty, and accountability in all its interactions with stakeholders. Identiv's commitment to integrity is evident in its corporate governance practices and its adherence to legal and regulatory requirements. Maintaining high ethical standards is essential for building trust with customers, partners, and investors. For the fiscal year 2024, Identiv's dedication to ethical practices helped maintain a strong reputation, contributing to a net income of $2.3 million, a slight increase from $2.1 million in 2023.

Collaboration

Collaboration is a key value for Identiv, as the company recognizes the importance of working together to achieve common goals. Identiv fosters a collaborative culture internally and externally, encouraging teamwork, open communication, and knowledge sharing. The company actively seeks partnerships with other organizations to expand its reach and enhance its capabilities. Collaboration enables Identiv to leverage diverse perspectives and expertise to develop innovative solutions and deliver exceptional value to customers. In 2024, Identiv's collaborative efforts led to a 12% increase in new projects compared to the previous year, demonstrating the effectiveness of their teamwork-oriented approach.

Excellence

Identiv strives for excellence in everything it does, from product development to customer service. The company sets high standards for performance and continuously seeks to improve its processes and outcomes. Identiv's commitment to excellence is reflected in its focus on quality, innovation, and customer satisfaction. The company invests in training and development to empower its employees to reach their full potential and contribute to the company's success. Identiv's dedication to excellence is reflected in its financial results, with revenue increasing from $118.9 million in 2023 to $128.2 million in 2024.