Johannesburg, 9 November 2004 - Ovations, a leading South African business process, content and integration specialist, today announced its latest financial results and renewed strategic direction for the year ahead.
The company has experienced significant growth in the past financial year, with a 71% growth in revenue and a 77% increase in gross profit. Ovations has also grown its key customer base by 33% in the past year, with a strong focus on the financial services sector. Its customers include amongst others insurance giants Mutual & Federal and SA Eagle, National Lottery Operator, Uthingo Management and cellular service provider Cell C.
Ovations` staff complement has grown by more than 35%, with considerable investments being made towards staff training and education.
"Our latest financial results and growth bears testimony to our position within and commitment to the local process, content and integration market. We are seeing more maturity in this market and our unique business model and skills-set enable us to demonstrate the true value of business process transformation to South African corporations," says Rainer Gaier, managing director of Ovations.
"Additional industry vertical sectors included in our growth strategy include public sector enterprises and organisations operating in the mining and minerals sectors," adds Gaier.
A key differentiator is the company`s holistic service model approach to solution deployments, which support all pillars of a business transformation implementation, ranging from strategy and consultancy, change management and implementation, to training and support. Ovations` uniquely developed methodologies support its solution deployment model, assisting organisations in achieving business process objectives while at the same time achieving and sustaining regulatory compliance.
"We are not technology box-droppers, but strategic solutions partners that work with customers on all levels to facilitate real business transformation," concludes Gaier.
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Ovations is SA`s leading process, content and integration specialist. As a trusted business partner, Ovations works with world-leading solutions suppliers to deliver process and content-driven business transformation solutions that enhance its customers` operational efficiency and visibility.
With extensive skills, knowledge and expertise Ovations is able to leverage and enhance existing infrastructure and ensure customers benefit from the deep understanding of business needs that only a truly South African company with international knowledge can deliver.
For further information, visit http://www.ovations.co.za.
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