These results are driven by the continued demand for automation solutions in Software as a Service (SaaS) mode. As regards Cloud platforms , sales have grown by 16% compared to the second quarter of 2012, and now represent 60% of the company's business. The difficult economic situation often forces companies to improve their flexibility and to adjust the resources of their IT systems. Cloud solutions respond to this challenge, reducing initial investment and operating costs, as well as ensuring software updates. This is why organizations around the world and of all sizes are opting for this type of solution, to the detriment of traditional licensed software models.
Despite a slight depreciation of the dollar in this period, strong sales in the first half of 2013, combined with tight cost control, will enable Esker to achieve an operating profit equivalent list of belarus consumer email to that of the same period in 2012. Furthermore, the company's cash on hand at 30 June stood at 12.6 million euros, compared with 10.9 million at the same time last year. This gives Esker the financial independence to invest in development, while maintaining its dividend policy and its share buyback programme.
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On the other hand, factors such as recurring revenue (75%) derived from the SaaS model, the entry into production of contracts signed in the first half of 2013 and the continued growth of Cloud solutions , place Esker in a position to continue growing in the second half of 2013 at a similar pace as it did in the second half of 2012.
About Esker
Esker is one of the world's leading manufacturers of document process automation and dematerialization solutions for document management.
Aimed at all company profiles, their cloud computing solutions enable companies to automate and dematerialise the receipt, management and sending of their documents: supplier invoices, customer orders, complaint letters, payroll receipts, commercial and marketing emails, etc.
In this way, Esker helps companies eliminate paper from their management processes, which improves their productivity and reduces their environmental impact.
Esker solutions are used by more than 80,000 customers worldwide including Adecco, EDF, Agua Mineral San Benedetto, Lafarge, Manpower, Thomson Reuters, Samsung, Whirlpool and numerous IT companies.
