ProVision Group, 7 mln euros in turnover from IT security
This year the company could run business of some 10 million euros and might become the target of an acquisition whose value would reach 8-10 million euros, Ziarul financiar daily reads on September 17.
„It is normal that at this moment of IT development in Romania leaders on various market segments become targets of such proposals. We take into account several such offers, but we prefer to rather consider them as ways of speeding up the business, above the performance we use to achieve”, said Andriescu.
Set up in 1997 under the name ProVision Software Division, the company had last year some 65 employees. At present their number is of 75.
Alongside distribution with added value of information security technologies that, last year, generated more than 65% of the revenues, another business line is represented by the IT/Multimedia distribution.
He underlined that ProVision cooperates on this segment with the big retailers and with the specialized distribution networks, but most of the time it does not enter competition with the big component and system distributors.
As for the security market, the ProVision head appreciates that the market must be approached in a gradual way. „There are various growth paces and various tendencies on the market segments”.
Once the country entered EU, these organizations have now access to substantial financing. For them, a priority is to develop strategies of filling the gap between them and similar organizations in other countries”, said Andriescu.
ProVision distributes in Romania products of the following companies: Check Point, McAfee, Juniper Networks, Websense, ArcSight, Qualys and Blue Coat, being sole authorized distributor for the majority of technologies.