ICT Group has been awarded the ProRail contract for the daily maintenance of the operating system for the technical tunnel systems (TTI) in the Willem van Oranje rail tunnel in the city of Delft. The system operates and controls the technical tunnel systems (TTI) of the 2.3-kilometer rail tunnel. The Delft tunnel is part of the rail link between Rotterdam and The Hague on one of the busiest rail routes in the Netherlands. The contract has been concluded for a period of three years and includes an extension option until 2025. The tunnel, which is part of Spoorzone Delft (Railway Zone Delft), consists of an East tube and a West tube, both fitted with 2 separate rail lines. The operating system is the technical heart of the tunnel, from where all the electromechanical systems for safety measures and audio and video communication are operated and controlled. In order to meet the high availability requirements, the Siemens operating system is fully implemented in duplicate, so that rail traffic can continue to run even if there is a malfunction. The maintenance activities include configuration management, incident management and preventative and corrective maintenance. The service processes have been configured to fulfill the operating system’s high reliability and availability requirements. The contract will be implemented by the Outsourced Services unit of ICT Group, which specializes in software life-cycle management and Asset Management in addition to the above-mentioned service activities.
ICT Group (ICT) announces that today it has signed a letter of intent to acquire 100% of the shares of Nozhup, a Dutch based industrial automation services provider. With the intended acquisition ICT gains significant scale in its activities in the industrial automation market. At the same time it considerably widens ICT’s customer base in this market. Nozhup will immediately contribute to the profitability of ICT. On a full year basis the acquisition will substantially enhance the earnings per share. Nozhup is a well-respected industrial automation project and services provider, founded in 2003, which employs around 90 highly educated professionals. Nozhup delivers projects, services, project management and consultancy in process control and instrumentation engineering. Furthermore it provides design and implementation of control software and hardware and systems integration of technical installations. The company has a focus on both the industrial markets, mainly in the sectors machinery and chemicals, as well as the infrastructure market. NOZHUP’s diversified customer base is largely complementary to ICT’s customers. Nozhup realizes profitable revenues of around EUR 9.5 million per annum. ICT has already taken a number of steps to gain scale in the Industrial Automation markets, both organically as through acquisitions. With the intended acquisition of Nozhup, ICT is well on track to deliver on its ambition to become one of the largest Industrial Automation players in the Netherlands addressing the global themes Smart Industries and Smart Cities. Jos Blejie, CEO of ICT: “This is a very important step in the roll out of our Industrial Automation strategy. Combined we have the scale and strength and above all the skills, to be leading in the Industrial Automation markets. I am convinced of the cultural fit and I am delighted to welcome all Nozhup employees, For the ICT Group this acquisition marks another milestone in our road map to become a leading total technology solutions provider.” For multiple years Nozhup and ICT already worked together on a regular basis and therefore know each other quite well. The two companies share the same type of culture. The quality of work, education of staff and knowledge of the various sectors is similar. Nozhup will operationally work closely together with ICT’s Industrial Automation business unit. The founders of Nozhup will remain involved as advisors. The purchase consideration comprises a cash payment and an amount in ICT shares. It is expected that the share capital will be diluted with approximately 450.000 shares (approximately 5% of total shares). The acquisition is expected to close in the third quarter.
On July 6, ICT Group received the Microsoft Government Cloud Solution Partner award for the “Energie Koploper” project (www.energiekoplopers.nl). The jury report stated: “ICT is driving societal impact by creating cloud solutions that contribute to energy efficient, sustainable cities.”
The strong cooperation between Microsoft and ICT Group is particularly important because ICT Group has a strong focus on Smarter Cities and Industries.
“Our broad experience with remote asset management resulted in the current ICT IoT Suite+ solution. We maintain our strategy which is built in close alignment with the Microsoft IoT and Cloud roadmap.” John Koot, IoT Business Development Manager ICT Group, comments. “In the last years we have built several solutions in Microsoft’s Public Cloud. This has resulted in innovative, scalable and profitable projects for our customers.”
Harco Enting, Director Public Sector, Microsoft Netherlands, comments: “It’s great to recognize the innovation and value ICT Group brings to her customers based on Microsoft technology. A perfect example of making cities smarter in The Netherlands and beyond.”
Last week the Executive board and the Supervisory Board of ICT visited Strypes Bulgaria. During this visit they had a meeting at the Dutch Residence with Ambassador van Oorschot and at that time Jos Blejie proudly presented a cheque for a European project with Dutch roots: Rewilding Rhodopes Europe. Rhodopes is a widely spread nature resort with all sorts of specific bird species. This fascinating project has the aim to bring back biodiversity and wild life in the Eastern Rhodopes.
ICT Group today announced the establishment of a new business unit: ICT Mobile. The specific technology of this unit can be applied in the company’s existing business. ICT Mobile bundles the best existing and new mobile technologies in out of the box platform services. This boosts the capability to deliver fast, secure and scalable. Mobile Strategy Enterprises need more and better apps. At the same time the mobile technology landscape is changing even faster. More devices to support. More security to provide. More infrastructure to run and more enterprise data to connect. Without having a mobile strategy in place businesses won’t be able to address the massive challenges behind mobile, leaving the mobile opportunity unused. Mobile Enterprise Application Platform The highly innovative proposition of ICT Mobile is a functional rich Mobile Enterprise Application Platform (MEAP) which is fully cloud based and can be directly applied in all ICT’s vertical markets. This platform will enable enterprises to mobilize existing and new business processes in a secure, scalable and agile way. Focus is to align resources and technical capabilities with user requirements. “By establishing ICT Mobile we are responding to the trend of enterprises embracing mobile processes and adopting a mobile strategy at high speed. Companies are actively looking for reliable technology partners to develop and implement robust enterprise grade mobility solutions to support their most critical business processes”, says Jos Blejie, CEO ICT Group. Huub van der Linden and Jeroen Donkers will be in charge of this unit. Both have established a long track record in the Enterprise Mobility market.
ICT Group N.V. (ICT) received the Silver Medal level of achievement for Corporate Social Responsibility (CSR) from EcoVadis, a leading SustainAbility assessor. ICT’s score of 59 places the company in the top 30 percent of the 6000 companies evaluated by EcoVadis in 2015. ICT established its Sustainability/CSR program in 2011, and has continued to add new elements each year – including a CO2 Prestatieladder. “Achievements in sustainability assessments like EcoVadis require that companies continuously improve, because the bar is constantly being raised in terms of societal expectations” states Jos Blejie, CEO of ICT Group. ‘In order to maintain our silver level, we will need to continuously strengthen our Sustainability programs in 2016 and beyond.”
ICT and EcoVadis
When ICT customers want to gather sustainability performance data from ICT – such as greenhouse gas emissions and human rights policies – ICT uses the EcoVadis platform to exchange this data confidentially. Ecovadis is a leading provider of sustainability assessments, and provides a secure platform for companies to exchange sustainability performance data with their customers and suppliers. EcoVadis evaluates 6000 companies globally each year, assessing performance in four categories: environment, labor practices, fair business practices and sustainable
ICT Group N.V. (ICT) announces that it has reached agreement with Dynniq about the proposed takeover of Dynniq’s activities in the field of water related services.
The acquisition will strengthen ICT’s position in the water infrastructure market. The employees of Dynniq involved in the activities and projects for waterboards and drinking water companies, approximately 15 FTE, will transfer to ICT per 1 July 2016. For Dynniq, a leading company in mobility, parking and energy solutions, the water related services are no longer part of their core business. These activities of Dynniq are a good fit for ICT, given the already established position ICT has in the infrastructure market, providing the employees of Dynniq involved a strong platform for further growth.
Roel de Backer, business unit manager Water & Infrastructure: ‘This transaction shows that ICT is increasing its strong position in the world of Water & Infrastructure. The expertise and high standards of our new colleagues are undisputed, and complementary to the broad range of competencies of ICT.’
ICT does not disclose financial details.
Dynniq is derived from Imtech Traffic & Infra. In August 2015, the company was bought by the investment company Egeria and operates since 1 February 2016 the name Dynniq. Dynniq focus areas encompass Mobility, Parking and Energy solutions. Dynniq employs 1800 professionals and is active in 25 countries in Europe and the Americas.
ICT Automatisering N.V. (ICT) announces that all proposals submitted to the Annual General Meeting of Shareholders (AGM) held today were approved. One of the voting items was the statutory name change of ICT Automatisering N.V. to ICT Group N.V., in order to better reflect the international character of the company and to enable the company to add new labels to the group.
In line with the dividend proposal, the AGM approved payment of a cash dividend of € 0.24 per share for the 2015 financial year. The ex-dividend date will be on 13 May 2016. The cash dividend will be made available for payment on 10 June 2016.
Furthermore the shareholders have re-appointed Mr. D. Luthra as member of the Supervisory Board.
- Revenue in Q1 up 23% at € 21.1 million (Q1 2015: € 17.1 million)
- Organically revenue increased by 10%.
- EBITDA from continuing operations increased to € 2.2 million (Q1 2015: € 1.4 million).
- All subsidiaries showed profitable growth, Raster and BMA performed in line with expectations.
- In March ICT announced the closure of the Polish activities.
Jos Blejie, CEO of ICT Automatisering N.V.: “We have started the year 2016 with confidence. We are pleased with the profitable growth shown at all our subsidiaries. We are committed to further execute the company strategy. In 2016, we will further leverage the acquisition of Raster and BMA. We will continue to implement a customer-centric approach with clear focus on the targeted markets addressing the different themes in each market. We reiterate that we expect this to lead to a further improvement in both revenue and profitability.” Financial developments Revenue in the first quarter of 2016 increased to € 21.1 million compared to € 17.1 million in the first quarter of 2015. Organically, excluding Raster and BMA, revenue grew 10%. All ICT subsidiaries contributed to this increase in revenue. Where in Q1 2015 ICT Netherlands saw a slowdown in demand and postponements of projects in the industrial automation, the improvement seen in the second half of 2015 continued in the first quarter of 2016. Strypes as well as Improve Quality Services performed well and the acquisitions, Raster and BMA showed a favourable development, in line with expectations. EBITDA from continuing operations came in at € 2.2 million in the first quarter, compared with € 1.4 million in the same period of 2015. All subsidiaries contributed to this improvement. Closure of Polish activities On 22 March 2016, ICT announced the closure of its ICT Poland operation with effect from 31 May 2016. Although ICT Poland realised an improvement in the past year, the Polish activities had not reached the necessary scale to continue to make the operation viable. Therefore, in a consolidating market, ICT decided to focus its nearshoring strategy fully on Strypes Bulgaria which has already achieved healthy growth and has the clear potential to continue to expand its customer base. Outlook ICT’s management reiterates the outlook given at the annual results announcement in March. ICT’s primary focus continues to be the execution of its strategy. ICT will further leverage the acquisitions of Strypes, Raster and BMA. ICT continues to aim for organic growth in combination with growth through acquisitions. Given the strategic progress made and its acquisitions, ICT expects a further improvement in revenue and EBITDA in 2016 compared with 2015, despite continued challenging conditions in various geographical markets and industries.
G2 Speech, a leading provider of speech recognition and workflow management solutions, and LogicNets, the developer of the LogicNets decision support platform, are pleased to announce the formation of a new strategic partnership.
The two organizations plan to jointly develop and release to the market in 2016 a clinical workflow management solution, extending the benefits of G2 Speech’s SpeechReport product used widely in the European healthcare market, with the LogicNets clinical decision support (CDS) system. G2 Speech’s innovative workflow platform, which uses the Recognosco SDK, will now be significantly enhanced to include decision-based structured reporting. With this new offering, medical professionals can dictate their observations directly into a dynamic, rules-based report template which is integrated into the EPR/PACS/RIS workflow and accurately captures clinical data input and process it for downstream workflow and analytics. Now, professionals in radiology, pathology and other clinical fields can use advanced speech recognition to create significantly more complete, accurate and standardized reports while still completing their customary workflow in a timely and efficient manner.
“The addition of LogicNets’ CDS platform means it will be possible for our customer to not only create structured documents with actionable results, but to deliver decision support on top of that,”
commented Bert Groeneveld, Chief Executive of G2 Speech. “This will help our users to easily follow clinical processes and guidelines as they are guided through even the most complex decision trees to the appropriate diagnostic and treatment outcomes. The benefits extend beyond just the clinicians to referrers, higher management and, most important, the patients.”
“G2 Speech’s established presence in the clinical marketplace at the point of critical medical data collection represents an ideal application for LogicNets,” said Jelle Ferwerde, LogicNets CEO. “While clinical users maintain ease-of-use through speech recognition, the healthcare organization can leverage the decision support power of our platform to ensure appropriate outcomes and to drive a wide range of outcomes based research, both of which are dependent on properly collected clinician input. We look forward to benefiting from G2 Speech’s experience and knowledge servicing this important market.”
Since 2004, LogicNets has focused on developing its LogicNets Expert Decision Support platform allowing organizations to capture their expertise and make it available on-demand to all staff, partners and customers via online applications accessible from any location or standard device. The LogicNets Clinical Decision Support platform is offered either as a cloud-based hosted service (SaaS) or a locally installed web-enabled application. LogicNets is in Europe represented by ICT Automatisering BV. In close cooperation with LogicNets and its partners ICT will provide all necessary support to meet the expectations of their customers.
For more information on LogicNets, please visit http://medical.logicnets.com for more information.
About G2 speech
G2 Speech was founded in 1998, since the company has polished and perfected the art of providing digital dictation, speech recognition and workflow management solutions. G2 Speech successfully provides their products in the UK, Ireland, Belgium and Holland. Within the UK they currently deliver solutions to over 35 major NHS Trusts. Globally they have around 25,000 users accessing their solution every day.