Angelidis (SYS-DAT Group) : “Market growth tells only part of the story of change. New solutions increase productivity but come to revolutionize business models.”
The technology sector is going through a period of tremendous development, and not only for Artificial Intelligence solutions, which are undoubtedly the most well-known phenomenon at the moment. Cybersecurity, the cloud and the Internet of things are equally important technologies that are profoundly changing the way we do business. “The growth of the Ict market, although very significant, tells only a part of the changes taking place.”-said Emanuele Angelidis, vice president of SYS-DAT Group-“New solutions aumenta.no yes productivity but they even come to revolutionize business models. They are, for example, progressively shortening the reaction time of companies to the evolution of markets, and this has as an inevitable consequence a reduction in the life cycle of products and services. In this ultra-competitive environment, based on real-time data and its analysis, those who do not have the most advanced tools risk always arriving late and thus slipping out of the market.”
According to Angelidis, the other major trend that is shaping the technology services sector is that of sector specialization.
Every business needs dedicated solutions: “Cross platforms that can be adapted to individual departments are no longer the ideal solution. Today, verticalization is sought, because even if we take an Erp system as an example, the only factor that remains the same in each field is accounting; everything else changes as it has specific rules and process needs that vary by market sector,” he explains.
And it is precisely to expand its vertical expertise that SYS-DAT has made no fewer than three acquisitions since May to date (and a fourth may come as early as the next few months).
First up was Milan-based Equalis, a company specializing in developing software solutions for law firms. Next came that of Vcube of Reggio Emilia, whose focus is on cybersecurity. Most recently, Trizeta of Padua, which operates in the field of high-tech solutions for industrial process automation, has entered the company’s scope. The Veneto-based company offers solutions ranging from software for production (Mes) and warehouse (Wms) control and management to assistance through augmented reality (Ar). Founded in 2012, Trizeta accompanies its clients, belonging to different market sectors, in all stages of their 4.0 transition, proposing in-formatic solutions designed to increase the productivity, quality and competitiveness of each company.
“Another characteristic of the Italian Ict market is its extreme fragmentation: there are a large number of small companies that specialize in a single sector,” the SYS-DAT vice president continues. “This represents a great opportunity: for us to expand through acquisitions our offerings and the markets we address, and for the companies we acquire that of continuing to nurture the specialized skills of their employees and strengthen their ability to attract new resources, which, as is well known, in the Ict sector are difficult to find and to retain.
Angelidis goes on to explain how too small a size does not ensure the critical mass needed to make major investments in research and development: “In order to benefit from the continuing growth trends in the technology sector, it is fondamenta le to allocate large resources to the development of new solutions.”
Today SYS-DAT is a group with more than 450 employees and 20 offices throughout Italy. Thanks to the eleven companies it controls, it has become one of the main Italian players in the ICT sector for services dedicated to companies, with a specialization ranging from micro-enterprises to large multinationals and crossing all the main sectors of Made in Italy. “The acquisitions flank our 20-year process of organic growth, which is currently traveling at an annual rate of 15-20 percent,” Angelidis concludes. “Thanks to the breadth and specificity by market sector of our offerings, we are able to win tenders where there are also large companies that are generalists, however, and are unable to guarantee the verticalization that we propose. In fact, we can offer solutions to manage all the organizational and IT needs a company may have, integrating internal and external processes (Erp, Crm, Scm, Analytics, Omnichannel), leveraging the use of advanced technologies such as cybersecurity, cloud and artificial intelligence, among others.”
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SOURCE: content of Business & Finance – attached to La Repubblica newspaper, Dec. 4, 2023.
La Repubblica is one of Italy’s leading newspapers.
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