After ten years, the first application for listing on the Athens bourse’s Alternative Market (ENA) was submitted last week by Real Consulting, one of the most dynamic IT companies in Greece, recording strong growth locally and abroad.
Real Consulting is a leading consultant that implements integrated IT projects in Greece and is a strategic partner of SAP (SAP PLATINUM PARTNER).
At the same time, it is a long-time partner of Microsoft (MICROSOFT GOLD PARTNER), a member of the Microsoft President’s Club with extensive experience in installing and configuring Microsoft Dynamics NAV and Microsoft Dynamics CRM. The company cooperates with more than 300 companies throughout Europe and has carried out important projects in Greece, having in its portfolio deals with some of the country’s largest companies.
Its strategy is to implement IT projects, using established multinational software and platforms, based on state-of-the-art architectures and standards. It is active in the fields of ERP, Business Intelligence and Enterprise line-Business applications, sectors that are expected to remain strong with a large increase in demand expected from both the private and public sectors, mainly for SAP projects (S / 4HANA, RISE-SAP) and Microsoft (D365 Business Central, Finance & Supply Management).
Despite the negative effects of the pandemic in Greece and globally, the company managed not only to reduce any negative effects but to increase sales and profitability. The company in 2020 proceeded with the implementation of the SAP / 4HANA project for TITAN USA to support its operations in America, while IASO and IASO Thessaly chose SAP ERP for their operations in Greece. At the same time, the company strengthened its international footprint, aiming at further development abroad.
In 2020, Real Consulting saw its turnover increase by 9 percent to 19.68 million euros from 18 million euros in 2019. Group EBITDA amounted to 2.45 million euros, 17 percent higher than 2019 levels of 2019. Net earnings before taxes reached 1.63 million euros, increasing 10 percent from the previous year.
Strategic partnership with Microsoft
In January 2021, after 18 years of success in providing Microsoft Dynamics business solutions, Microsoft commissioned Real Consulting to adapt to Greece Microsoft Dynamics 365 Finance and Dynamics 365 Supply Chain Management solutions.
The deal was made in the context of a tender announced by Microsoft in June 2020, rewarding the reliability, professionalism, knowledge and expertise of Real Consulting executives as well as long cooperation between the two companies.
As stated by the companies, the changes to the Microsoft Dynamics 365 Finance and Microsoft Dynamics 365 Supply Chain Management solutions and their continuous compliance with the Greek regulatory framework, was a demanding undertaking for which the Microsoft certified team Real Consulting worked closely with Microsoft teams.
The aim of the collaboration was to make the most of all available system resources as well as the optimal architectural design of the solution. The versions of the products for the Greek market incorporated the necessary tax and accounting functions and the best practices, in order to correspond to the Greek and Cypriot data, based on the current legislation.
STEFANOS TSOULAKIS
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