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4-Traders Homepage  >  Equities  >  Euronext Paris  >  VALTECH    LTENR   FR0004155885

VALTECH (LTENR)

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VALTECH : Schneider Electric selects Valtech as global partner for Agile training and coaching

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04/17/2012 | 04:22pm CET

Paris, March 17th April 2012 - As a partner in the deployment of its strategic change program called Agile Offer Creation, launched in 2011, Schneider Electric chose Valtech as a global partner for large scale Agile training and coaching.

Innovation is at the heart of Schneider Electric's strategy. 9,000 Schneider Electric professionals work directly in R&D activities, in 22 countries and at 70 sites worldwide. Among this population, the proportion of Software Development is growing rapidly. Agile will allow these teams to deliver high quality products and solutions faster.

Valtech brings its proven capacity to provide a coherent, consistent and pragmatic approach toward introducing agile thinking and methods to large, geographically diverse companies offering products and solutions.

In the course of the mission, Valtech will deliver Agile training and coaching to teams at Schneider Electric worldwide through a global experienced team of experts.  The training content includes an initial 15 courses covering Agile management, project management, product management and development, and associated coaching of agile teams within product entities.  Valtech will also provide strategic and process coaching to the internal Schneider Electric team in charge of Agile deployment.

Erick Bergmann, SE Agile Offer Creation Program Manager, said "The implementation of Agile development is a large and challenging transformation for all our R&D centres worldwide. Our ambition is for our Software teams to embrace Agile values and apply best-in-class practices in order to capture new business, increase customer intimacy and react efficiently to market changes. We recognized that the quality of training and coaching was a key factor in order to ensure a successful transformation. At the end of a thorough selection process, Valtech was clearly the natural choice for us based on the ability to understand and address our challenges (size and pace of a world-wide deployment, diversity of culture and technologies…)."

Greg Hutchings, Valtech Agile Transformation Lead, said "We are honored to have been chosen to work closely with Schneider Electric as a trusted partner on this global transformation program.  Through our training and coaching services, we work with our clients to introduce modern agile product development methods and thinking, thereby improving customer-centricism, flexibility, efficiency and time-to-market.  It will be fantastic to work with the strong internal transformation team that Schneider Electric has already created."

About Valtech

Valtech [EURONEXT Paris: FR0004155885  - LTE] is a new breed of digital marketing and technology agency with a global footprint in 8 countries (Denmark, France, Germany, Korea, India, Sweden, UK, USA) and counting approximately 1,600 employees. As a full service digital powerhouse, Valtech delivers value to its customers at all stages of a digital project from strategic consulting to design, conception, development and optimization of business critical platforms. Through its renewed commitment to innovation and agility, Valtech helps global brands build business value and increase revenues through digital technologies while optimizing time to market and ROI.

About Schneider Electric

As a global specialist in energy management with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in Utilities & Infrastructures, Industries & Machine Manufacturers, Non-residential Buildings, Data Centres & Networks and in Residential.

Focused on making energy safe, reliable, efficient, productive and green, the Group's 130,000 plus employees achieved sales of 22.4 billion Euros in 2011, through an active commitment to help individuals and organizations make the most of their energy.

http://www.schneider-electric.com

Contact:

Greg Hutchings

greg.hutchings@valtech.fr

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Financials (€)
Sales 2016 202 M
EBIT 2016 17,0 M
Net income 2016 10,0 M
Finance 2016 36,0 M
Yield 2016 -
P/E ratio 2016 32,89
P/E ratio 2017 26,21
EV / Sales 2016 1,47x
EV / Sales 2017 1,31x
Capitalization 332 M
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Mean consensus HOLD
Number of Analysts 2
Average target price 11,5 €
Spread / Average Target -8,0%
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NameTitle
Sebastian Lombardo Chairman & Chief Executive Officer
Tomas Nores Co-Chief Operating Officer
Olivier Padiou Co-Chief Operating Officer
Laurent Pretet Chief Financial Officer
Laurent Schwarz Director
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