DIGIA PUBLISHES ITS GROWTH STRATEGY FOR CONTINUING OPERATIONS – INVESTMENTS IN DIGITAL SERVICES AND STRENGTHENING THE SERVICE BUSINESS
DIGIA PLC STOCK EXCHANGE RELEASE 29 APRIL 2016 AT 9:02
DIGIA PUBLISHES ITS GROWTH STRATEGY FOR CONTINUING OPERATIONS – INVESTMENTS IN DIGITAL SERVICES AND STRENGTHENING THE SERVICE BUSINESS
Digia Plc has decided on a new growth strategy for 2016–2019, which aims to strengthen the company’s position, particularly in the growing markets for digital services, process digitisation and the service business. The company wants to grow at a much faster pace than the IT market and seeks average annual growth of 15 per cent. Growth is sought both organically and inorganically. The company plans to hire about 100 new experts during the next year. During the first part of the strategy period, the company will focus on strengthening the foundation.
Main themes of the strategy
Digia is a profitably growing IT service company that helps its customers harness digital opportunities. As a visionary partner, Digia develops and innovates solutions that support business operations together with its customers. Our ability to provide solutions extends to customers’ core systems, ERP and the integration of business processes.
Key themes of Digia’s strategy for 2016–2019:
• Digitalisation of services and processes
• Bolstering the service business
• Adapting the offering for selected industries
• Deep partnership with customers
• Expert and enthusiastic employees
Digia seeks growth from areas that are seeing stronger growth than the traditional IT market, such as digital services and process development. We are expanding our international presence together with our customers. In addition to organic growth, Digia is proactively looking for acquirees that would support its strategy.
“Society is rapidly embracing digitalisation and networking. We are well positioned in the centre of the digital growth market. We know service design, digital services and the systems and processes behind them. With our strong integration expertise, we create effective end-to-end solutions. We can serve our customers as a truly visionary partner in the development of digital business operations, from day-to-day processes to IoT solutions,” says Timo Levoranta, the head of Digia’s domestic business, who will assume the position of President and CEO of Digia Plc on 1 May 2016.
“Expert and enthusiastic employees are the key to our success. As an organisation, we want to operate as a unified company and build an even stronger winning team to be more attractive as both a partner and an employer,” continues Levoranta.
Digia will engage in fine-grained strategy work at programme level in spring 2016.
Digia Plc
Board of Directors
ADDITIONAL INFORMATION
Timo Levoranta,
Head of Digia’s domestic business and, as from 1 May 2016, President and CEO of Digia Plc
Tel. +358 (0)40 500 2050
DISTRIBUTION
NASDAQ Helsinki
Principal media
www.digia.com