CIMdata PLM Industry Summary Online Archive
9 February 2011
Financial News
CONTACT Software Continuing on the Road to Success; Considerable Growth in 2010 and Very Good Prospects for 2011
CONTACT Software announced significant increases in turnover and returns – also due to extraordinary items – for the past fiscal year 2010. This means that profits from operations calculated on 31/12/2010 will be about 3 million euro compared to 2.56 million euro in 2009. "This is an extremely positive development for us," says the managing director of CONTACT Karl Heinz Zachries. "We are grateful and also somewhat proud that our customers in the past two years have continued to put their trust in us and our products to a considerable extent despite the difficult economic situation." CONTACT, the solutions provider for collaborative product development, product data management (PDM) and product lifecycle management (PLM), has recorded constant growth over the last ten years, which can also be seen in the increased number of new employees: in the past year, CONTACT's workforce grew by a total of 20 employees.
With regard to its new product and brand strategy and the good economic situation, CONTACT expects this upward trend to continue in this current fiscal year (2011). "The volume of orders we have on hand today extends right into 2012, making reliable planning and growth in all areas possible for us. In view of this, we are planning to recruit another 20 to 30 new employees and place our new Workspaces and Project Office products strategically on the market," Zachries explains.
CONTACT sees itself in an excellent position, particularly thanks to its new three-brand strategy: the CIM DATABASE PDM/PLM platform, the Project Office software for project management, and the Workspaces CAD data management and collaboration solution for enhancing cooperation in product development. "The extension of our product portfolio makes it possible, for example, to use Workspaces independently of CIM DATABASE, our own PDM/PLM system. Many companies are satisfied with their PDM systems. However, they must share CAD data with their partners and map a complex DMU process, for example. In such environments, we can position ourselves perfectly with Workspaces, while customers at the same time can build up on their existing investments in PDM", says the managing director of CONTACT.
Mr. Zachries expects additional impulses for growth through the heightened international activities of his company. "We have been gaining our first projects in the USA, India, China, Italy and Turkey. We are aiming to be successful outside the German-speaking regions across all continents in the next five years".
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