GEOCONCEPT posts strong growth in 2015 and consolidates its position in the geographical optimization technology market.
2015 was marked by customer adoption of a wide range of the publisher’s solutions, international expansion and an increase in headcount.
Paris, 22 April 2016 -- GEOCONCEPT announces annual sales growth of 19% in 2015 and a doubling of operating profits. The company also announces a new hike in headcount, which has doubled over the past five years.
Profit-making for more than 10 years, GEOCONCEPT is currently sitting on equity of almost 10 million euros. The strong growth posted during 2015 is accompanied by excellent prospects for 2016.
Dalkia, Majikan and Pfizer join GEOCONCEPT‘s customer portfolio
2015 was also marked by the appearance of new major reference customers in the group’s customer portfolio. Drawn from various sectors, these companies opted to implement Geoconcept solutions to meet their business needs, notably in the spheres of route scheduling and optimization (sales, technical and logistics), geomarketing, site location strategy, crisis management and territory management…
Of these companies, Majikan and Dalkia recently chose Geoconcept solutions to optimize their operations with 18,000 and 10,000 technicians respectively eventually involved in implementing a solution for geo-optimizing movements on the ground. Recent customers also include: Qualigaz, Pfizer, Mutuaide Assistance, Etanco, Spie, Emmaüs, Fédération Hospitalière de France, Fraikin, Securitas Direct…
GEOCONCEPT continues its international expansion The company’s expansion outside France has also received a boost with a doubling in the proportion of international sales between 2015 and 2014. To achieve this, the company struck a number of sales and strategic partnerships in order to offer geographical optimization solutions to locally-based companies. Sales doubled in China in particular. In India, half of the annual target for 2016 was achieved in the first quarter.
The company also partnered with the Île-de-France and the Systematic competitiveness hub to promote French expertise in the innovative technology arena at an international level. In return, GEOCONCEPT enjoyed active support in Brazil and Asia.
“Since the company was founded, we have been working to develop our activities to ensure we are continually adapting to company needs, confirming our vocation as an innovator and building a solid customer base. 25% of our turnover continues to be earmarked for research and development”, explains Eric Lanzi, CEO of the GEOCONCEPT Group. “We are proud of the positive feedback from our customers. This encourages us to continue our international strategic investment, especially in a number of Asian countries where the need for effective geographical optimisation tools is becoming increasingly evident”.
About the GEOCONCEPT Group
Created from the merger between GEOCONCEPT, Europe’s leading Geographical Information System publisher, and Opti-Time, which publishes software for professionals, today the GEOCONCEPT Group ranks among the world leaders in enterprise cartographic and optimization applications.
Always at the forefront since it was founded in 1990, GEOCONCEPT combined geographical information and optimization tools to invent geo-optimization, or the optimization of activities by intelligently integrating geographical information into systems. Innovation is always at the heart of the Group's strategy with 25% of its expenditure dedicated to R&D. The benefits of geo-optimization apply to areas as varied as geo-marketing, territory management, crisis management or mobile workforce management…
Within each area, the geographical optimization components and solutions can be integrated directly by the clients or by Group partners. The GEOCONCEPT Group has locations in Paris, Grenoble and Caen, as well as foreign subsidiaries: Chennai/India, Geneva/Switzerland, Madrid/Spain, Shanghai/China. Strategic partners also resell the Group's solutions in London/Great Britain, Mexico City/Mexico, São Paulo/Brazil, Tokyo/Japan…The Group's solutions are available in 7 languages. Today the GEOCONCEPT Group boasts more than 10,000 reference customers at 120,000 geo-optimized resources in 35 countries.