At January 31, 2015, the ESI Group held 7.1% of its capital as treasury shares.
Positive commercial dynamics for 2015
The quality of the business indicators in the first months of 2015, combined with recent strategic advances in marketing and recent acquisitions, places ESI Group in an ideal position to increase its business volume and achieve profitable growth this new fiscal year.
The reinforcement of the management team with the arrival of Peter Schmitt, PhD., as Executive Vice President of Sales & Marketing, and the promotion of Mike Salari, as Executive Vice President of Engineering Services, is expected to enhance our ability to deploy global strategies and implement actions with major industrial actors, including new clients.
The business dynamic will also be supported by the accelerated growth of ESI Group in markets of the future, such as advanced driver assistance systems (ADAS) vehicle safety and the visualization of scientific Big Data. This diversification, into areas with strong potential such as active security, cyber-security, machine learning and life sciences, derive in part from the acquisition of CIVITEC and the purchase of the assets of Picviz Labs., both owners of leading edge technology solutions. These technologies also have an established commercial base which broadens diversification across industry sectors. Finally, they play a role in reinforcing the innovative potential of ESI Group's digital modeling and Virtual Prototyping solution. The Group expects to draw on its solid experience in acquisitions to successfully integrate these acquired top class companies.
For more ESI news, visit: www.esi-group.com
Next events:
Q1 2015 revenue
June 4, 2015
About ESI
ESI is a world-leading provider of Virtual Prototyping software and services with a strong foundation in the physics of materials and Virtual Manufacturing.
Founded over 40 years ago, ESI has developed a unique proficiency in helping industrial manufacturers replace physical prototypes by virtually replicating the fabrication, assembly and testing of products in different environments. Virtual Prototyping enables ESI’s clients to evaluate the performance of their product and the consequences of its manufacturing history, under normal or accidental conditions. By benefiting from this information early in the process, enterprises know whether a product can be built, and whether it will meet its performance and certification objectives, before any physical prototype is built. To enable customer innovation, ESI’s solutions integrate the latest technologies in high performance computing and immersive Virtual Reality, allowing companies to bring products to life before they even exist.
Today, ESI’s customer base spans nearly every industry sector. The company employs about 1000 high-level specialists worldwide to address the needs of customers in more than 40 countries.
ESI is listed in compartment C of NYSE Euronext Paris and is granted “Entreprise Innovante” (Innovative Company) certification since 2000 by Bpifrance. ESI is eligible for inclusion in FCPI (venture capital trusts dedicated to innovation) and PEA PME.
2014 awards: winner of the 2014 ASMEP-ETI/Bpifrance award in the Innovation and industrial strategy category and of the Grand Prix des Entreprises de Croissance, in the Software and IT Services category and winner of the “Ambitions d’Entrepreneurs” trophy in the International category.
For further information, visit www.esi-group.com.
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