HomeBUSINESSInovflow reached a turnover of 5.6 million in 2022

Inovflow reached a turnover of 5.6 million in 2022

Portuguese technology company Inovflow recorded growth of 11 percent in 2022. The perspective for 2023 is to continue to grow.

Inovflow, a Portuguese technology company, ended 2022 with growth of 11%, reaching 5.6 million in turnover.

With around 60 employees and more than 900 active customers, it was a year marked by notable growth in the areas of IT and cybersecurity, although the Services area, essentially in Cegid Primavera and Microsoft technology, had the most representative weight.

“We started 2022 with high expectations given the growth in investment by companies in digital transformation. Quickly and, due to the conflict in Ukraine, we witnessed a slowdown and greater reticence in investment by Portuguese organizations, caused by uncertainty in the market”, said Paulo Magalhães, CEO of Inovflow.C.

“With our teams prepared, we adapt our operations to the challenges that have arisen and we focus on new market trends, to continue at the forefront with management software solutions, IT and cybersecurity” said the official.

Bet on training

Inovflow was also distinguished for the 8th consecutive year by IAPMEI as PME Líder and PME Excelência.

“For us, these distinctions represent the dedication that our teams have every day to support our customers and work together with our partners. Without our people, it would not have been possible to get this far and, aware of this, we invest every year in the qualification and training of our resources” highlights Paulo Magalhães.

We have been witnessing changes in the market, such as the subscription model in the technology of organizations and, for Inovflow, this trend is also present in the objectives for this year ”we are aware of the changes that the market is taking and, as Cegid, Sophos and Microsoft partners, and we want to be at the forefront”.

For 2023, another year of organic and structural growth is expected. At the beginning of this year, Inovflow acquired Slim Business Solutions, reinforcing the skills teams to highlight operations with a strong focus on software development.

“We want to strengthen our development business area, we believe this is the path to the future. Also with the acquisition of Slim, we now have a physical presence in the North region, with an office in Braga, which will allow us to reach a larger business fabric”, concludes Paulo Magalhães.

With the merger of Slim into Inovflow, the technology advances on the path to internationalization, with a presence in 7 countries: Ireland, England, Angola, Mozambique, Cape Verde, Macau and Hong Kong.

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