S2 Grupo increases its turnover by 27% in 2021

The Valencian cybersecurity company closed last year with a turnover of 25 million euros and its workforce grew by 10%.
10 Mar 2022
2 Minutes of reading
  • In relation to its growth, S2 Grupo has highlighted that the enormous technological increase that society is experiencing in all areas, entails at the same time the need to increase protection measures against cybercrime.


Valencia, March 10, 2022 - S2 Grupo, a Valencian company specialized in cybersecurity and critical systems management, closed 2021 with a 27% growth in turnover. Its turnover in the last financial year was 25 million euros, compared to 19.5 million euros in 2020.

Of this turnover, €1.8 million corresponds to its R&D+i activity, as the company is currently participating in several national and European programs for the creation of new developments to boost the availability of its own technology in the field of cybersecurity and put an end to technological dependence on other continents.

With regard to its team, S2 Grupo closed 2020 with a stable workforce of 459, 10% more than in the previous year. As a result of its commitment to attracting talent and generating organic, long-term and responsible employment, 97% of the contracts are permanent full-time contracts. Of this team, 31 belong to its Enigma Cybersecurity School.

 "In recent years we have been experiencing a dizzying growth in the implementation of technology in society. This leads to the emergence of new cyber threats and the need to stay ahead of potential attackers by reinforcing the cybersecurity of any type of environment, whether public or private. And, for this, we need to have the best and most specialized professionals in the sector both in the field of application and development. This is why the growth of our Enigma School is essential to the company's growth", explained José Rosell, managing partner of S2 Grupo.

"A few years ago hearing about cyber-attacks seemed almost like science fiction. Nowadays we regularly read headlines about cyber wars, cyber defense, agency servers that have been threatened, etc. We are in a context in which cybersecurity is essential for the protection of society and for this, at S2 Grupo we believe it is essential to continue investing in training, R&D+i and, of course, in awareness", said Miguel A. Juan, managing partner of S2 Grupo.


S2 Grupo: commitment to R&D+i

Investment in innovation and development is an essential part of S2 Grupo's activity. In this regard, it has been highlighted that, due to the fact that threats in our digital society are multiplying at a rapid pace, it is necessary to have new solutions and initiatives, which will win the fight against cybercrime and contribute to the creation of a cybersecure world.

S2 Grupo participates in more than 50 European projects, with an investment of more than 15 million euros. In addition, it collaborates with the European Commission and other international organizations and works on the creation of its own technology that allows us to be more independent and competitive with other countries.

In this field, the company participates in projects dedicated to industrial cybersecurity, protection against advanced attacks, protection of IoT devices, protection of critical infrastructures, artificial intelligence, anomaly detection and user security.


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