QPR SOFTWARE PLC INSIDE INFORMATION
Adjusted strategy
In accordance with the refined strategy, the Company profiles itself even more strongly as a software and SaaS player and as a consultant for its core business areas as well as a leading player in Digital Twin of an Organization (DTO) technology. The aim of the refined strategy is to further increase the value the Company produces for its customers and to support the Company's growth through concentration. The Company's mission is to innovate, develop and deliver software for analyzing, monitoring, and modeling the organizations’ operations. The Company also offers consulting services to ensure that customers get full value from the software and related methods.
In accordance with the adjusted strategy (2024–2027), the Company focuses its business on the international growth of SaaS solutions offered by Digital Twin of an Organization (DTO) and the process mining at its core. The Company's DTO offering also includes software developed for modeling and managing and measuring the organization's strategy and performance.
The Company's revised financial goals for the strategic period 2024–2027 are:
- Average twenty (20) percent annual SaaS growth,
and
- Sustainable operating profit.
The Company’s management estimates that the size of the process mining market in 2022 was approximately
The Company also continues to build new strategic partner networks in accordance with the strategy announced on
Change in organizational structure and change negotiations
In the change negotiations, the Company plans to change its organizational structure related to the adjusted strategy. The goal of the planned changes is to support a more efficient organization of QPR's operations, to try to respond to changes in the operating environment, and to renew the organization's structure in order to achieve the Company's long-term growth and profitability goals.
Change negotiations are held separately in both
According to preliminary estimates, the measures that may be implemented after the change negotiations of both Companies could lead to temporary layoffs of the personnel for a maximum of 90 days and, in addition, the termination of a maximum of six (6) positions at
The negotiations will start on
For further information:
Heikki Veijola
Chief Executive Officer
QPR Software Plc
Tel. +358 40 922 6029
About QPR Software
www.qpr.com
DISTRIBUTION
Nasdaq Helsinki
Key medias
www.qpr.com
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