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Cashing of growth ticket proceeding

Company report 22.12.2020 9:50 Efecte

Thanks to its successful SaaS transformation, Efecte has positioned itself well as a European option for global giants on the Enterprise Service Management market that is transitioning towards cloud-based solutions. There have been some bumps in Efecte’s story since the 2017 IPO, but under new management in the past two years, the company has built a base for profitable growth and found a stable gear for long-term growth. A business model that is based on scalable growth, the transition on target markets, and the strong track record of the current management make Efecte’s investor profile attractive.

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Trade. (Efecte)

Efecte is a Finnish software company offering cloud-based (Software as a Service, SaaS) service and identity management solutions, supported by professional services. They streamline and simplify management of services, IT systems and infrastructure in organizations. Efecte’s two main markets are IT Service Management (ITSM) and Identity and Access Management (IAM). ITSM consists of the design, implementation, management, and development of corporate IT systems. IAM technology is utilized in the creation, management and storage of user identities.