With a new five-year strategy plan Maconomy is looking to build on its status as a leading provider to the Professional Services sector by capturing new market shares in the US and Asia. The key to growth for Maconomy is to develop industry-specific solutions and perform efficient, international implementations.
After a year with a strict focus on operational control, the international ERP provider Maconomy today announced the new five-year business strategy Global Choice 2015 with one overriding goal: international growth.
Maconomy wants to grow its annual revenue by an average of 15 percent from 2010 to 2015, aiming for an EBIT margin of 20 percent at the end of 2015. This will be achieved by targeting selected industries within the Professional Services sector.
“Maconomy made it through 2009 in good shape thanks to our focus on tight cost control and keeping a watchful eye on the bottom line. Now the time has come to focus on growth. A large part of the Professional Services sector has been hit hard by the crisis. This has stimulated a greater interest in control and transparency, which is exactly what our solutions help create for these businesses. Our new strategy is ambitious, but we are confident we can meet our goal by expanding the strong and well-defined position we already have in the ERP market as we approach 2015,” says US President Steen Andersen, Maconomy.
Read the full press release here >>