Role: President of the Board and CEO
At the time 2nd biggest software house and system integrator in Poland. Main focus: large & mid-sized ICT projects with own cloud-based solutions for SME with 10+ k clients in 1st year. Listed on the Warsaw Stock Exchange since 1998. Key industries where company served it’s clients: Public sector, Banking, Telco and Utilities.
Key achievements:
- Successful company turnaround within 9 months, reduced costs by EUR 20 million
- Share price from EUR 3 to EUR 7; company valuation growth by 240% within 14 months
- Changed organizational structure to focus on key market sectors; reduced number of FTEs from 3000 to 1700
- Increase net profit from losses EUR -28 million in 2009 to EUR 4.5 million in 2012
- Increased revenue by 15%
- Won significant tenders in the public & energy sector
- Launched new division of major ECE software house for deployment of IT application development services to B2B and B2C clients within cloud
- New business lines: outsourcing, cloud, SaaS, SMB, mobile apps incl. banking
Sygnity valuation increase 2010-2012
