Increased focus in Enea's new strategy
(Thomson Reuters ONE) - PRESS RELEASE 22 September 2009Increased focus in Enea's new strategyIn order to increase growth and profitability Enea creates twobusiness units, Software and Consulting.Enea® (Nordic Exchange/Small Cap/ENEA), a global software andservices company focused on solutions for communication-drivenproducts, today announced that it is introducing a focused strategywith two business units. The Software business unit, which includesEnea's global software business and related services, will focus onthe company's strong position in the real-time operating system(RTOS) market in which Enea is a world leading supplier to thetelecom industry. The Consulting business unit, which consists of theprofessional services business in Sweden, Romania and the UnitedStates, focus on local expertise combined with off-shoring services.This enables each business unit to develop and achieve increasedrevenue with the objective to reach 20% profitability within Softwareand 10% for Consulting.Enea SoftwareReal-time operating system OSE is Enea's dominant product andcurrently accounts for 46% of sales within Software. OSE has over theyears from 2006 to 2008 showed a total sales growth of 31%.The global RTOS market is growing and changing. New advancedhardware-based multicore technology has been introduced to meet theneed for increased performance and decreased cost for embeddedsystems. This technology is used by telecom equipment manufacturersamong others to manage parts of the ever increasing IP traffic withinthe networks. Multicore places new and increased demands on operatingsystems and applications in order to take advantage of the benefits.According to the market research firm VDC, growth of operatingsystems and tools for multicore is expected to amount to more than40% per year. Enea will increase its competitiveness by concentratingtheir investments in development, marketing and sales within thisunit.Enea has previously launched several product innovations in multicoreduring 2009. Enea has also strengthened its presence in Asiagradually in 2009 through an expansion of RTOS-specialists in theShanghai and Beijing offices to support customers' local R&D.Recently, global suppliers of semiconductors have shown an increasedinterest in the RTOS market. Enea is well positioned to benefit fromthis trend by strengthening our cooperation with selectedsemiconductor suppliers, thus enabling further growth in sales."Enea has a leading position in the RTOS market. The market is veryinteresting and we see significant opportunities for growth in thisarea thanks to the strong emerging need for new operating systems formulticore." says Anders Lidbeck, Chairman of the Board for Enea, andcontinues:" We are now focusing all of Enea in the areas where we areleaders, to develop and strengthen our market position and in doingso create even better opportunities for good growth andprofitability. "Enea ConsultingThe Consulting business unit is a significant part of Enea and hasover the period 2006 to 2008 shown a growth of 29%. The unitspecializes in supporting developers of embedded systems and othersoftware in which Enea's consultancy has extensive experience andexpertise.The new strategy for Consulting involves increasing market focus forthe various local businesses within their established industrial andspecialty areas. Furthermore an increased degree of autonomy isintroduced in order to increase competitiveness and flexibility inthe local markets.Consulting, with offices in Sweden, Romania and the United States hasspecific industry expertise in mobile telephony, telecominfrastructure, aerospace and automotive. Established specialties arereal-time systems, test, Linux, Android, Autosar and certificationstandards such as DO-178B."The local consultant business differs substantially from our globalsoftware. Each business unit is now optimized to better exploit itsown unique business opportunities, while we can adjust cost levels,"said Per ÿkerberg, President and CEO of Enea.For more information contact:Per ÿkerberg, President & CEO EneaPhone: +46 8 507 1 4000Email: per.akerberg(at)enea.comAnders Lidbeck, Chairman of the Board EneaTelefon: +46 8 507 1 4000Email: anders.lidbeck(at)enea.comAbout EneaEnea is a global software and services company focused on solutionsfor communication-driven products. With 40 years of experience Eneais a world leader in the development of software platforms withextreme demands on high-availability and performance. Enea'sexpertise in real-time operating systems and high availabilitymiddleware shortens development cycles, brings down product costs andincreases system reliability. Enea's vertical solutions cover telecomhandsets and infrastructure, medtech, automotive and mil/aero. Eneahas offices in Europe, North America and Asia. Enea is listed onNasdaq OMX Nordic Exchange Stockholm AB. For more information pleasevisit enea.com or contact us at info(at)enea.com.Enea®, Enea OSE®, Netbricks®, Polyhedra® and Zealcore® are registeredtrademarks of Enea AB and its subsidiaries. Enea OSE®ck, Enea OSE®Epsilon, Enea® Element, Enea® Optima, Enea® Optima Log Analyzer,Enea® Black Box Recorder, Enea® LINX, Enea® Accelerator, Polyhedra®Flashlite, Enea® dSPEED Platform, Enea® System Manager, AcceleratingNetwork Convergence(TM), Device Software Optimized(TM) and Embeddedfor Leaders(TM) are unregistered trademarks of Enea AB or itssubsidiaries. Any other company, product or service names mentionedabove are the registered or unregistered trademarks of theirrespective owner. © Enea AB 2009.http://hugin.info/1059/R/1342767/321517.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 22.09.2009 - 11:00 Uhr
Sprache: Deutsch
News-ID 6073
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