I would like to wish you a happy holidays. The new year is approaching, which is a good time to reflect on what we have accomplished and what we have left to acheive for our fiscal year. When we look back, we have much to be grateful for and we can be optimistic about the new year.
We are heading towards the end of the 2020 fiscal year, which will end in March, with very strong results. Revenue by the end of November – which includes the impact of the cyber-security attack- was close to $35 M USD which means we are 23% above budget and 42% above Year over Year. Not only are the bigger accounts (led by Santander and Avangrid) performing well but we are also making noteworthy progress in some of our newer accounts such as Kantar (https://www.kantar.com/) and Forever Mark (https://www.forevermark.com/en-us/our-diamonds/).
In terms of profitability, we are also above budget (65% above EBIT PB by the end of November) and contributing remarkably to the overall results of the everis group being the operation with the best relative profit indicators and third in overall net profit. During the last quarter of the year (January – March) we need to push so we maintain these outstanding results in order to keep the momentum for FY20. At this point I would like to acknowledge your efforts and your contributions to these results. Thank you!
Finally, we are currently working on the budget for FY20. It is going to be hard to keep up this strong pace but we plan to do it by continuing to increase our account portfolio and diversifying our operations in our main accounts. We are confident that, with this team, we will do it!
I hope you have a wonderful holiday and I look forward to building a new decade of success with you in 2020!
All the best,
everis in the news
The IDB recently published the study: Taking the pulse of the Internet of Things in Latin America and the Caribbean by Rafael Perez, Colon Sergio Navajas and Elizabeth Terry. The report includes everis as a partner for the “SmartCity in a Box” pilot in Temuco, Chile. The pilot was launched in 2017 and is supporting software developers to create solutions on an open technology, “smart city” platform developing initially four application scenarios: air quality monitoring, virtual bus stops, urban solid waste collection management and incident management in the city. The pilot initiative has the support of the IDB, CORFO (Chilean government agency for economic development), the Municipality of Temuco, the University of La Frontera and everis, as a technology partner. The study can be found in its entirety here.
everis USA Attends AWS re:INVENT
Two consultants from everis Birmingham attended the AWS re:INVENT in Las Vegas, Nevada. AWS’s event gathers over 70,000 attendees each year. The event included sessions from AI and Machine Learning leaders and AWS executives as keynote speakers. The consultants had the opportunity to attend several sessions and demos on a variety of topics ranging from architecture and governance to machine learning and also on new AWS services and features.
The everis USA offices came together to celebrate the season with holiday parties this month. The events were a great opportunity for coworkers to get together and celebrate the holidays and all that we have acheived this year! See the photos from the office events here.
Avangrid Team Wins enterTIC Award
Last week, the Secretary of State for Digital Advancement hosted the 2019 enterTIC awards in Madrid, Spain. everis USA and Avangrid’s Monitoring and Application of Predictive Maintenance Techniques in Elements of the Electricity Distribution Network through Big Data and Analytics project was awarded in the International Projects category. Winners were chosen from 130 nominated projects by votes from the general public and by an expert committee of associated companies of the Institutional Collaboration Network. The following criteria was used during the selection process: innovation, use of information technology and communications, reduction of energy consumption and CO2 emissions, applicability in other organizations/environments, and use of metrics and improvement indicators. The award is highly regarded among the Energy sector and is great honor for our Avangrid team. Congratulations on this important accomplishment! Read more about the awards here.