Connections, a leader in the digital transformation market in Romania, estimates for the end of 2019 a turnover of approximately 7 million US dollars, up 25% from the previous year.
“For us, 2019 was a construction year, we focused on investments. The key points were achieved: strengthening the intelligent automation division, the expansion plan on international markets (Middle East, Southeast Asia), strengthening partnerships with technology providers and increasing the company’s turnover. 2020 will be a key year for Connections. We will rearrange the way we deliver services, in a more agile and efficient way. We estimate a 9 million US dollars worth turnover, more than 350 employees and a customer structure that will tilt the balance in favor of external markets”, explains Bogdan Florea, founder of Connections and ANIS Vice President.
The most dynamic business lines of the company were represented by software development and support services for the IT infrastructure, the largest investments in technology came from industries such as insurance, banks and utilities, and Connections managed to increase the number of its external customers in 2019 with up to 40%.
“Organic growth in an ever-changing global market brings both strategic and operational challenges. Entering new markets involves challenges related to cultural differences, but also to the speed of absorption of the progress generated by technology companies. Since this year, in some areas, we have started to become technology providers ourselves, which has added an increased degree of complexity. From a customer perspective, 2019 has been a fantastic adaptation year. Further, the challenges of the client companies are in the area of accepting the need to redesign business processes to meet the fourth industrial revolution – Industry 4.0, ”adds Bogdan Florea, founder of Connections.
For 2020 Connections Romania targets complex digital transformation projects, based on new technologies, such as RPA, artificial intelligence and big data, together with the modeling of business processes. At the same time, Connections will continue the technology generation projects in the area of finance and digital transportation.
Connections is a leader on the digital transformation market in Romania, with 300 employees, offices in Bulgaria, Serbia and plans for global expansion. The company specializes in Intelligent Automation, IT Infrastructure Support, Digital Business Process Management and Software Development On Demand.
August 2023 June 2023 May 2023 April 2023 March 2023 February 2023 January 2023 December 2022 November 2022 August 2022 July 2022 May 2022 February 2022 January 2022 December 2021 October 2021 August 2021 July 2021 June 2021 May 2021 April 2021 March 2021 February 2021 January 2021 December 2020 November 2020 October 2020 August 2020 July 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 March 2019 December 2018 November 2018 October 2018 September 2018 August 2018 March 2018 January 2018 December 2017 November 2017 October 2017 September 2017
11th annual CEE Business Services Awards
Build it or Buy It?: Outsourcing in Poland and Central Eastern Europe
BSC Directors VIP WineTastings, June-September 2023
BSC Charity Beach Volleyball Tournaments - June and August 2023