Press Release
Bucharest, January 18th, 2021
Softelligence, a technology and consulting firm, forecasts a challenging 2021, but more predictable than 2020, in which it estimates that the company’s revenues will evolve by + 25-30%. At the same time, the team will grow by at least 60 new employees to be recruited during this year.
“2020 has been an atypical year for most companies, but it has helped us strengthen our relationship with our insurance and banking customers and also to partner with global companies such as Instanda and Databricks. These two partnerships have helped us to bring to the Romanian market innovative solutions to accelerate the digitalization of companies in the financial sector. We are also satisfied that in such a challenging year we managed to stay focused on delivering top solutions to our customers, which was reflected in the overall growth of the company, for the seventh consecutive year.“, says Adrian Blidăruș, CEO at Softelligence.
Softelligence ended 2020 with a turnover 10% higher than the previous year, despite the difficult economic context.
Recently, Softelligence has partnered with Databricks to accelerate innovation and support data processing, analysis and interpretation teams in solving the most complex challenges in their domain. The integration of Databricks technologies in the solutions and services offered by Softelligence will allow the company to come up with proposals adapted to the current needs of the financial and banking industry where unified data analysis is now a priority.
Previously, Softelligence had entered into a partnership with insurtech firm INSTANDA, a leading customer and policy management platform for the insurance industry, which is headquartered in the UK. The platform, hosted on Microsoft Azure, is entirely no-code thus having the possibility to configure from simple general insurance products to life and health insurance.
The objective of this partnership between Softelligence and INSTANDA is to provide insurers in Central and Eastern Europe with access to technology dedicated to the insurance industry. That, together with business expertise and successful project delivery services, has the goal to accelerate digital transformation, which is much needed at the moment in the context of the crisis generated by Covid-19, but also in the future, from the perspective of changing consumer behaviours, as well as regarding the evolution of the rules of social distancing.
At the end of 2020, Softelligence has refreshed its visual identity, a new brand image, updated and connected to global trends.
“The process of renewing the visual identity of our brand took place during the last 6 months and involved reanalyzing the main values that guide our firm and its employees in their daily activities, establishing the main strengths that Softelligence has in relation to our customers and partners as well as incorporating these new values in a new image that would transmit them more easily, more fluidly and that would reach faster to all those who interact with us” summarizes Adrian Blidăruş the story of rebranding.”
Watch the new visual identity video of Softelligence.
About Softelligence:
Softelligence is a technology and consulting company, founded in 2006 in Bucharest, specialized in the development and implementation of digital transformation solutions, targeting mainly the financial-banking and insurance industries: cloud-based services and solutions based on machine learning and artificial intelligence, process automation, Business Intelligence, data analysis, software development and other digitization processes. Most recently, Softelligence announced that it is part of the top FT1000 of the fastest-growing companies made by the Financial Times.
Currently, the company has 4 offices in Romania, Great Britain and Canada from which it serves enterprise clients globally.
