Quidgest achieves record-breaking profits for 2016, growing more than 48%.
The Portuguese technological company revenue figures show record growth due to profits obtained in international markets making up more than half of the company’s turnover. Quidgest’s global vision is clear. Over the last 10 years, Quidgest has developed its turnover worldwide.
Specializing in the agile development of management solutions, Quidgest increased its turnover by 48.2% in 2016.
While international business has doubled compared to 2015, Quidgest continues to replace imported products in the Portuguese market for the ERP area, the company also experienced growth in new areas such as banking and insurance.
Although often undervalued, the potential of the Portuguese domestic software production industry is enormous. Portugal brings together all the key factors which enhance technological innovation such as qualified experts, entrepreneurial environment fostered by the formation of clusters and public funding for these activities.
Certainly one of the most important achievements of 2016 is the company’s contribution to the economic development of countries and regions, as many countries are currently taking advantage of the technological transfer of automatic software generation, contributing to specialised job opportunities and positioning to address local projects.
The extraordinary performance of the company is due to its extensive portfolio of solutions, covering 13 different areas, together with the methodology used for their development, which enables customers to reduce costs, increase productivity and business success.
Genio is the automatic code generation platform that Quidgest has developed and allows the creation of integrated management solutions, error-free, in a short space of time, with fewer resources and, above all, customer oriented.
Quidgest currently has almost 100 employees from 12 different countries. It is present in more than 10 markets, through established offices or partnerships. For 2017, Quidgest is looking forward to increasing this list by introducing their unique and innovative solutions in Trinidad and Tobago as the results enable the Portuguese company to increase resource allocation in order to boost the markets in which it is currently operating and explore other markets such as the Caribbean.