With the aim of providing clients with more effective and cost-efficient methods to meet the challenges and demands of the new digital age, ALTIA, a Spanish company offering consulting, development, and maintenance services for advanced technology solutions and services, today presented its new digital approach. This approach brings together innovative solutions to help companies in any sector overcome the challenges of the digital age.
ALTIA offers a comprehensive portfolio of solutions that brings together the company's digital strategy capabilities and accelerates clients' transformation, strengthening their leadership in the digital market, regardless of their industry. To achieve this, ALTIA's digital transformation vision includes data management, omnichannel strategies, the Internet of Everything (IoE), Smart projects, and cybersecurity, among other areas.
“ Digital transformation is the most important challenge Spanish companies face in order to be competitive in the short and medium term. Our clients' demands reflect this, and at ALTIA we meet this need. Our goal is for companies to have a technology partner to support them in their evolution toward digitalization ,” said Tino Fernández, President of ALTIA. “ With this new positioning, we are committed to supporting our clients in their digital revolution and integrating the latest technologies into our developments and solutions ,” Fernández added.
ALTIA is already involved in public administration projects, sector digitization, Smart projects, and emerging ICT trends, and boasts numerous success stories that support the growing demand for digital transformation tools. Examples include the European Patent Office (EPO), where ALTIA is one of five approved firms providing technological services; the new IT development for the Chilean National Employment Exchange (BNE), under the Ministry of Labor and Social Welfare; the electronic bidding system for the Bank of Spain; the platform for integrating Iberostar reservations; and the implementation of various Smart projects, such as the recently awarded Smart Lugo project.
Good results and prospects
Today, after almost 25 years, ALTIA is a consolidated and independent company that is committed to technology, transformation and talent, thanks to the commitment of its more than 1000 professionals, who bring more than 500 clients closer to a new digital world.
With a turnover of €65 million in 2017, ALTIA has been listed on the Alternative Stock Market (MAB) in the growth companies segment since 2010. It is currently part of the IBEX MAB® 15, one of the 15 companies with the highest trading volume.
During the first half of 2018, ALTIA's Business Plan execution rate exceeded 50% in virtually all key metrics of its income statement. The company closed the first half of the year with a turnover of €34.9 million, representing an 18.7% increase compared to the same period in 2017.
The net amount of the projected turnover for December 31, 2018, stands at 69.3 million euros with an EBITDA margin of 13.4% and a Net Margin of 9.1%, figures that can be obtained if the execution in the second half follows the same parameters as those obtained during the first part of the year.
“ The Group’s results in 2017, both in volume and profitability, demonstrate the consistency of the business model ,” highlighted Ignacio Cabanas, financial director of ALTIA.
Strategic Plan 2020
ALTIA groups its revenue into seven major business lines: outsourcing and maintenance, the main business line characterized by its recurrence, which accounts for 75% of total revenue; managed services, provided through the activity of its Data Centers; supply of hardware and software infrastructure, a line that has grown since the purchase and absorption last year of a group company that was exclusively dedicated to that activity; development of computer applications; and technological consulting; proprietary solutions and implementation of third-party computer solutions, which make up the rest of the percentage.
Looking ahead to 2020, the company has established key pillars to drive sustained long-term growth. First, by strengthening profitability and financial stability to maintain margins and undertake new investments. Second, by embarking on a phase of internationalization, leveraging the knowledge and experience gained from projects in Europe and Latin America. In this regard, the company will continue to forge alliances with major players in the sector and with startups, as well as collaborate with partners who contribute specific expertise. Finally, the commitment to talent and innovation will remain central to the company's strategy. Thus, the company presents an innovative and global approach, based on the development of its people, who provide the necessary talent to position it as a leader in cutting-edge projects within the sector.
“ Innovation is part of our DNA; we don't understand the launch of a project without a global and disruptive vision, because our goal is for our clients to be at the forefront of technology ,” highlighted Alberto Loureiro, director of ALTIA's Madrid office.
