Prodware Shows Strong Business Performance in Q4 2020
18 Janvier 2021 - 7:00AM
Business Wire
Sanitary crisis accelerating the pace of
digital transformation of companies that need to adapt and revamp
their processes
Regulatory News:
Despite a dire economic situation, the Prodware Group
(Paris:ALPRO) sees a significant surge in technological investments
in the 4th quarter of 2020 on behalf of many customers, both
mid-market companies and subsidiaries of large groups.
With the growing demand for digitalization, especially with
regard to support functions, brought on by the generalization of
remote work, soaring e-commerce business and a relentless quest for
operational efficiency, Prodware, supported by its ecosystem of
prestigious technological partners (Microsoft Dynamics 365,
Sage…) and its innovation-ready dynamic delivers the solutions that
cater to the need of its customers.
The new deals signed at the end of 2020 were with businesses in
various industry sectors such as the manufacturing industry – with
notably the implementation of solutions incorporating digital twin
technology or Fab 4.0 – the production of wind and solar power,
consulting firms, distribution and healthcare. Prodware helped
these new customers in conducting a comprehensive overhaul of their
strategic processes or in the digital transformation of certain
processes such as planning, analysis and reporting. Over that same
period, there was increasing demand from existing customers such as
Manutan or Jeff de Bruges requiring support in
adjusting their respective organizations to work around the
constraints of the sanitary crisis and continue to develop their
business.
These examples clearly illustrate the pertinence of Prodware’s
strategy geared towards supporting companies in developing their
growth paths by combining the latest state-of-the-art technologies,
industry-specific expertise and excellence in delivering and
maintaining business solutions.
"The crisis we are going through has accelerated digital
transformation timelines of a majority of our customers. They have
grasped that while digital transformation is somewhat challenging
it does open up a whole host of opportunities if properly conducted
and supported. This has been corroborated by a recent survey
conducted by the METI in cooperation with EY/APX which states that
71% of business executives believe that the crisis has hastened
investments. In fact business started picking up right at the
beginning of the third quarter with 10 new customer wins. According
to Frédéric Champalbert, the Managing Director of Prodware France,
“These new customers turned to Prodware for their experience and
know-how in appreciating the disruptive impacts on the business
models and organizations of its customers, beyond the only
technological considerations, when going full Cloud.”
Next publication: Annual turnover of the 4th quarter of
2020: February 17th 2021, after market close.
About Prodware
Whether it is enabling ambitious Cloud strategies, artificial
intelligence driven decision-making solutions or more flexibility
and agility delivered by modern business applications, Prodware,
with more than 3 decades of expertise and know-how is in a class of
its own. Prodware leverages the latest technologies and
technological breakthroughs building the business processes of
tomorrow across the manufacturing, retail & distribution,
professional services and finance verticals.
The Prodware group is a global company founded in 1989 with
regional offices in 13 countries with close to 1300 employees.
Prodware is listed on Euronext Growth in Paris generating €188
m€ in annual revenue and a net income of 10,5 million euros in
2019.
For more information www.prodwaregroup.com
EURONEXT GROWTH (ex. ALTERNEXT)
ISIN FR0010313486 - ALPRO - FTSE 972 Services informatiques
Prodware est éligible FCPI - Entreprise responsable, Prodware est
adhérent du Global Compact.
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version on businesswire.com: https://www.businesswire.com/news/home/20210117005019/en/
PRODWARE Stéphane Conrard Directeur financier T : 0979
999 000 investisseurs@prodware.fr PRESSE Gilles Broquelet
CAP VALUE T : 01 80 81 50 01 gbroquelet@capvalue.fr
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