Ibermática continues the line of growth recorded in recent years and achieves its best historical results in the period between January and August 2021. The company ended 2020 - the year in which the pandemic hit the economy hardest - with its greatest increase in income, profit, ebitda, hiring and job creation.
Now, it exceeds its figures in this period, driven by positive evolution in all its areas of activity. Digitalization projects, especially in large part, its talent acquisition and retention strategy, and its international consolidation, are some of the keys that have led it to achieve this.
Ibermática's new motto, Ibermática, embracing the future, could not make more sense today. Help their clients “embrace their future”, to design with them how they want it to be, and work in the space between what they are and what they want to be, managing to overcome their challenges. This has led it to establish itself as one of the fittest technology companies in the country, and one of the ones that are obtaining the most prestige in recent years.
In figures, Ibermática has achieved a business volume of 176.5 million euros between January and August, 13.3 million more than in the same period of 2020, which represents a growth of 8.1%. In profit before taxes the jump has been spectacular, with an increase of 89.2%, going from 3.3 million euros last year to 6.1 million this year. The contracting volume exceeds the volume registered in the first eight months of 2020 by 172 million and the contracting margin has increased by 32 million, which represents an increase of 137%.
There are several keys that explain these figures. On the one hand, the high contract renewal rate, which is close to 100%. On the other hand, the renewal of trust in Ibermática by its clients, many of them large companies, means that others are also encouraged to hire its services as well.
Likewise, Ibermática has achieved its best position this year in the prestigious ranking prepared by the magazine Actualidad Económica on the best companies to work for in Spain, climbing 22 positions compared to 2020. This progress, which has also led it to advance positions among the ten best IT companies that provide services in our country, is based on its conciliation policy, as well as the promotion of the training and development of its professionals.
For Ibermática, having professionals who are happy, involved and motivated is essential to make its business prosper, since its main asset is people. In this way, they manage to retain the best talent, thereby maintaining customer service at the highest level, both due to their knowledge of cutting-edge technologies and their ability to empathize with customers and their needs, something that is a trademark of the company. house of the technology company.
Thus, many of the projects won in these eight months include disruptive technologies in areas such as cybersecurity, automation, artificial intelligence, hybrid IT, analytics, blockchain or IoT, among many others, which Ibermática has already successfully implemented in its clients in the last years.
At the same time, Ibermática has once again managed to obtain the best results from the Employee Experience survey carried out through an external entity, highlighting its feeling towards the company, even having suffered at this time from the onslaught of the health pandemic. In addition, the degree to which its professionals would recommend this company to work for has greatly increased, while the number of detractors has decreased.
Another of the pillars that allows Ibermática to position itself as a reference technological ally for companies is its international strength. In addition to having operational centers in several Latin American countries, the United States, Portugal and Andorra, it accompanies its clients wherever they operate. There are many multinationals that have decided to replicate in their plants abroad projects that they have previously carried out with Ibermática in their headquarters in Spain and that have turned out to be a success.
Likewise, we must not forget that, despite the push for digital transformation projects, Ibermática continues to offer more traditional services that also seek to increase the efficiency of its clients' processes.
In this sense, the most extensive study on outsourcing in Spain today, prepared by Whitelane Research and Quint, has always placed Ibermática in the first position in its indicators with the highest score, awarded by the companies themselves, year after year. It also has a high number of professionals certified in Lean IT, a methodology that seeks to eliminate everything superfluous from processes to achieve maximum efficiency.
All these elements have allowed Ibermática to have financial strength with which it can also face inorganic growth, through the purchase of companies in strategic sectors. Thus, after the acquisition of IDS in 2018 and last year of the cybersecurity firm ITS Security, in 2021 it has closed the acquisition of an expert consulting firm in Data Analytics: The Art of Measurement.
It is a company with nearly 60 professionals and more than 60 projects behind it, reaching a turnover of nearly 3 million euros last year, and with the forecast of reaching 6 million in 2024. With this operation, Ibermática reinforces its value proposition to the market in Analytics and Artificial Intelligence, mainly incorporating capabilities in data visualization.
In parallel to this operation, Ibermática has created a Center of Expertise (CoE) DAA (Data, Analytics
Ibermática plans to continue with the acquisition policy that is currently giving it such good results, considering it essential for the company to continue growing and developing in the future. The last three purchases have helped it gain weight in areas such as the automation of industrial plants, cybersecurity, Analytics and Artificial Intelligence, and it will continue to bet on firms that add value in areas of activity with forecast growth in the market.
All in all, for 2021 it expects to invoice 270.6 million euros. An important part of this growth will be supported by the expansion process started in Catalonia, the Balearic Islands and Andorra two years ago, and the fruits of which are being reaped with business growth of over 30% annually, widely doubling the workforce.
