Markets favorable to askblue’s strategy
The financial sector continues to be the main focus of growth for the business, however, diversifying and expanding into the industry, service and utility segments already represent some weight in the volume of business, promising to manifest itself more prominently in the next fiscal year. In terms of projects, there is support for the development of new businesses, the strengthening of the value chain, and the optimization and transformation of operational performance, including digitalization and continuing the business of customers, which will be priorities strengthened in 2020.
“We are continuing to grow, responding to new customer challenges, especially challenges related to digitalization, making it possible to respond positively to strategic and specific challenges which may arise at the time.”
Satisfied with Askblue’s operations and innovation quality produced in 2019, Pedro Nicolau, the company’s CEO, outlines a promising future supported by developing “strategic and regulatory projects for large clients in the Portuguese financial sector”, and by further strengthening investment in more sophisticated markets. The objectives are clear, “We are continuing to grow, responding to new customer challenges, especially challenges related to digitalization, making it possible to respond positively to strategic and specific challenges which may arise at the time.”
Portugal continues to be our main source of knowledge, innovation, and acquiring references in new areas. Askblue was distinguished by Outsystems with the “Best Innovative Solution in the Industry” award for developing a benefits management solution for Mercer. Also, as a result of being in partnership with the technological voting company, Scytl, electronic voting was successfully implemented to elect the President of the Portuguese Bar Association.
Askblue’s prosperity scenario in 2019 was also marked by organic growth. The company increased its employees from 230 to 290, which was driven by the number of projects awarded during the year and by investing in newly graduated trainees or graduates with a Master’s degree in several engineering areas. A huge amount of investment goes into their training, namely through partnerships with specialized institutions, such as the Instituto Superior Técnico. 38 employees with this profile joined the company in 2019.