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Software Mind SA: on its way to Stock Exchange
Data: 4/23/2008
Globally operating software house is planning its Warsaw Stock Exchange debut

Software Mind S.A. – producer of IT solutions for business is planning to be listed at the Warsaw Stock Exchange in Warsaw in the 3rd/4th quarter of 2008. Such a step is to serve capital acquisition needed to increase product complementariness, expansion of international sales channels, and development of semantic technologies. Software Mind S.A. is a globally operating software house, whose shares will be traded at Warsaw Stock Exchange.

 

"Listing at the Stock Exchange will let us implement quickly our approved development strategy focused on even stronger presence of our company in foreign markets and further growth of innovative semantic technologies” –Janusz Homa, President, CEO Software Mind

 

Software Mind SA is a software house-type company, which produces and provides software solutions global market. The firm offers B2B solutions in telecommunications, financial and energy sectors. Software Mind SA plays a significant role in the world’s market of semantic technologies, which are to change the face of modern information sciences.

 

Since its establishment in 1999, the strategy of the firm has focused on the concentration of sales in foreign markets. In result, Software Mind SA operates not only in Poland, concentrating its primarily operations in the global market, with its characteristic high level of innovativeness and technological advancement. Software sales, development and maintenance allows concluding long-term contracts at a high profit margin, which means stable progress of financial results. Software Mind SA provides services to the United Kingdom, Luxembourg, Germany, France, Sweden, Spain, the United States, and Columbia.
The Software Mind SA managerial team have knowledge and practical experience related to the construction, development, and management of major projects in the international market. The unique culture of work organisation allows attracting and retaining in the company’s structures the best experts in their respective fields. This is translated into the commitment and determination of the entire force to achieve success. Transparency in professional contacts makes it possible to keep employee churn at low level, and maintain stable long-term relations with the Clients.

 

Market and strategy:
Software Mind’s strategy is based on the development of two sections of the national and international market. The first of these is the area of tested solutions used in the sector, providing a robust foundation for the company’s stable development, and at the same time offering major growth potential in the international market. The other covers solutions based on semantic technologies: it is a great opportunity for the firm to obtain a significant share in the world’s market of Web 3.0 and Web 4.0 solutions.

Within the area of solutions tested in the respective sectors, Software Mind SA provides large and medium-size companies with solutions for their Customer Management, Business Intelligence (BI), Business Process Management (BPM), Enterprise Application Integration (EAI)/Service Oriented Architecture (SOA), and Enterprise System Development.

The role of Software Mind SA is to support Clients in connecting the IT world with the world of business. A large emphasis is placed on the understanding of the Clients’ business needs.
The company continues to build its competence, focusing on the following sectors:

  • telecommunications,
  • finance and banking,
  • energy.

The Company’s world-unique value and cutting edge are practical competencies and knowledge of semantic technologies developed for three years.
Implementation of a commercial projects for one of the London-based clients made it possible to build a body of competence that made Software Mind one of the world’s few companies to be a real expert in the field. Falling back on its abundant experience, Software Mind SA successfully runs successive projects for foreign clients.
Within this area, Software Mind SA plans further development focused on three fields:

  • Software Mind Corporate Semantic Web: provision of services and production of components in the field of integration and analysis of information stored in companies’ corporate systems. Such solutions provide corporate staff with more complete, automated access to knowledge.
  • Software Mind Vertical Applications: plans to create semantic analysis-based products tailored to the financial, medical, and tourist sectors. These products will allow construction of consumer services bringing new qualities into play.
  • Software Mind Collective Intelligence: plans to create solutions making use of numerous distributed data sources, whose processing, analysis, and processing will be performed in real time. An example of such solutions are systems for supporting crisis management.

 

The number of Software Mind SA’s key clients includes Garlik, GTECH Corporation, Mach, PTC sp. z o.o., Fortis Bank SA, and BillBird SA The company cooperates with a range of international partners including GFI, Kabira, and Ultimus.

 

in 1000s of PLN

2007

sales revenue

11 722

EBITDA

3 005

gross profit

2 644

net profit

2 093

 

 

Software Mind SA is a software house producing and providing software solutions to the global market, offering solutions for the B2B segment in the telco, financial and energy sectors. Software Mind SA plays a major role in the world’s market of semantic technologies.
Key clients of Software Mind SA include Garlik, GTECH Corporation, Mach, PTC sp. z o.o., Fortis Bank SA, and BillBird SA. The company cooperates with a range of international partners including GFI, Kabira, and Ultimus..

 

Press contact: 
Software Mind: Monika Błotnicka, monika.blotnicka@softwaremind.pl, tel.  + 48 512 120 230       

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