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Description NorCom
Overview of NorCom Information Technology (WKN A12UP3)
NorCom Information Technology GmbH & Co. KGaA (WKN A12UP3) is a publicly traded company listed on the stock exchange that specializes in providing software consulting and development services primarily for the automotive, financial services, and media industries. Founded in 1995, the company is headquartered in Munich, Germany, and has established itself as a market leader in its respective niches.
Business Model and Service Offerings
NorCom's primary focus is on developing software solutions that cater to the needs of its clients, by leveraging cutting-edge technologies such as Machine Learning, Artificial Intelligence, and Big Data Analytics. This approach allows the company to maintain a competitive edge and provide high-quality, innovative products and services.
The company's service offerings primarily revolve around the following core segments:
Consulting: NorCom offers end-to-end consulting services tailored to cater to the specific requirements of clients. This includes evaluating clients' IT systems, providing recommendations for improvements, and assisting in the implementation and integration of new software solutions.
Software Development: The company specializes in developing customized software applications that cater to the unique needs of its clientele. The solutions provided by NorCom are designed to improve clients' business processes, data-driven decision making, and overall efficiency thereby resulting in a competitive advantage within their respective industries.
Managed Services: NorCom provides Managed Services solutions that enable clients to outsource specific aspects of their IT infrastructure management. This allows clients to focus on their core business processes while NorCom ensures the smooth operation and maintenance of their IT systems.
Training and Support: In addition to software consulting and development services, NorCom offers training and support services to help clients become proficient with the company's tools and technologies. This enables clients to better utilize the solutions provided and extract maximum value from their investment.
Industry Focus and Clientele
NorCom operates in three main industry sectors, which are:
Automotive: With the evolution of the automotive industry towards autonomous driving and connected cars, data processing and management have become critical aspects. NorCom addresses these challenges by providing software solutions that enable effective management, analysis, and interpretation of data generated by vehicles and their connected devices.
Financial Services: The financial services industry faces numerous regulatory and operational challenges, which necessitate innovative solutions. NorCom offers tailor-made software development and consulting services that can help financial institutions achieve compliance and optimize their internal processes.
Media: As digitization continues to transform the media industry, there is an increasing demand for solutions that can help businesses store, manage, and analyze vast volumes of data. NorCom's software solutions cater to this demand by providing a seamless way of handling, processing, and analyzing multimedia content.
Having a diverse clientele, NorCom has successfully leveraged its expertise and experience to provide software solutions to an array of high-profile clients such as BMW, Audi, Volkswagen, and Deutsche Bank. The company has forged long-term relationships with its clients by consistently delivering high-quality, innovative solutions that help their businesses thrive in a rapidly evolving industry landscape.
Financial Performance
As a publicly listed company, NorCom's financial performance is a vital aspect to consider for potential investors. Over the years, the company has demonstrated a stable financial position with revenues growing consistently. Investors may want to closely monitor the company's financial reports, including revenues, profits, and earnings per share (EPS) to assess the company's growth potential.
Outlook and Future Prospects
NorCom Information Technology is well-positioned to capitalize on the growing demand for innovative software solutions across its target industries, particularly as technological advancements continue to reshape the way businesses operate. The company's focus on niche sectors, deep industry expertise, and commitment to continuous innovation has enabled it to establish itself as a leading player within its areas of specialization.
For potential investors looking to diversify their portfolio and invest in a company with strong growth potential, NorCom Information Technology presents an appealing opportunity. Keeping a close eye on the company's financial performance, industry trends, and competitor landscape can help investors make informed decisions about the viability of this investment.
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![EQS-News: NorCom wins tender from the Federal Employment Agency for Business Intelligence Platform](/assets/news/news17-d49b9ce9c87babddea210274f0f8d00a1cf706146ef6382020cc7ece83b76f6c.png)