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Software Company Efecte Enhances its Operations in Germany

Oct 2, 2017 11:17:33 AM

Efecte, a software company expanding into international markets, has reinforced its team in Germany.

Finnish software company Efecte, providing cloud-based service and identity management software and supporting consulting services, continues expanding its business internationally and grows rapidly in Germany.

The company has recruited a German team from one of its main competitors from the USA.

”Strengthening our team with the top experts from our competitor underpins our faith in the competitiveness and attractiveness of our products and services. Our story is believable,” says Efecte Oy’s CEO Sakari Suhonen.

”Germany is an interesting market, as there the transformation from traditional software licences to software provided as a service is only in its first stages. In the Nordic countries, most companies and organisations are already buying cloud-based solutions, but Central Europe is lagging behind in this development,” says Suhonen.

”We looked into which European markets had the best potential for our internationalisation. Germany provides us with the best possibilities with its strong economy, and it is also the largest market in Europe: compared to the Nordic countries, Efecte’s target market in Germany is over ten times the size.”

Today, the company has operations in Finland, Sweden, Denmark, and Germany and intends to expand in Europe. The next possible areas are countries neighbouring the company’s current area of operations in the European Economic Area.

Further information:

Sakari Suhonen
CEO
Efecte Oy
sakari.suhonen@efecte.com
+358 50 384 3576

Efecte Oy

Efecte is a Finnish software company, providing cloud-based service and identity management software and supporting consulting services. We help organisations to focus on the essentials by helping them improve and develop their IT systems. We are the market leader in Finland, and one of the biggest service providers in the Nordic countries for mid-market to lower end enterprises as well as the public sector. The company was founded in 1998, and it operates now in Finland, Sweden, Denmark, and Germany. Efecte employs approximately 80 IT professionals. In 2016, its turnover was 8.3 million euros.

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