Headquartered in London, Softline Holding plc (now trading under the brandname Noventiq) is a fast-growing technology company focused on emerging markets. Noventiq ensures that organizations succeed with digital transformation and remain protected in the cyber world so that they improve efficiency, create more value for customers and employees, and accelerate innovation. Noventiq helps organizations to define and build the best solutions whether in cloud or on-premises, delivered as a managed service or as a finite project.
Noventiq is unique in its combination of geographic footprint, cost effective and efficient access to talent; its portfolio breadth, covering the entirety of enterprise IT needs today and tomorrow; and its platform innovation, which caters for new ways of acquiring technology outcomes.
As every organization in the world is going through or embarking on digital transformation, they need modern IT solution providers like Noventiq.
LSE:SFTLSoftline Holding PLC (Noventiq)
We are a global scalable leader
$1.1 blnTurnover 2021
>25Years in the IT market
14Delivery Centers WW
At the heart of the digital transformation01
Resilient business model and scalable operating model02
Addressing the entirety of IT needs03
Proven growth strategy04
A great team with sales & services in their DNA05
Noventiq operates in a vast, fast-growing market that is responding to the overarching shift towards digital transformation. Operating in almost 60 markets, the Company enables and accelerates digital transformation for its customers, serving over 75,000 organisations in almost every industry. Combining relationships with hundreds of best-in-class IT vendors alongside its own extensive portfolio of services and proprietary solutions, Noventiq is well placed to lead this transformation. The focus on emerging markets provides significant growth potential as well as unrivalled access to efficient and talented IT professionals, which is generally harder to acquire in developed markets.
With strong recurring turnover, a diversified profile and global delivery model, Noventiq’s business is highly resilient and efficient. Recurring turnover makes up more than 70% of Noventiq’s total turnover, and continues to grow, further improving business stability and predictability. Noventiq is not dependent on any specific customer segment or solution category, which enhances the company’s growth prospects and minimises risk.
Noventiq’s delivery model is based on a network of delivery centres operating at local, regional, and global level. For example, with a Global Delivery Centre and Security Operations Centre in India, combined with a local presence around the world, Noventiq remains close to its customers while continuously working to improve its efficiency.
With a broad portfolio of vendor offerings, wide range of services and proprietary Digital Platform, the Company addresses the entirety of IT needs for the modern enterprise. Noventiq has advanced certifications with the world's leading technology providers, such as Microsoft, Adobe, AWS, Apple, Cisco, Dell, Google, HPE, IBM, Oracle, and VMware, amongst many others. The Company has been partnered with Microsoft for more than 25 years and is one of only 10 globally managed partners. This, together with Noventiq’s services portfolio including cloud, modern workplace, hybrid infrastructure, cyber security, IT consulting and next generation technology services, ensure Noventiq is a trusted advisor and partner for its customers.
Throughout its 30-year history, Softline Holding plc has demonstrated outstanding growth. For example, its financial CAGR averaged 25% between 2006-2020. It has achieved this growth by focusing on 3 key strategic areas:
- Geographic expansion: Continuously looking for opportunities to enter new markets where it can find disproportionate growth.
- Portfolio expansion: Actively evolving its services, solutions, and platforms to emerging technology trends. Additionally, it invests in its Digital lab to support purposeful co-innovation with its customers and partners.
- Sales Channel expansion: Relentlessly focused on effectiveness of its sales force, whilst pivoting Digital Platform and automation to address fast-evolving nature of technology consumption.
Furthermore, the Group pursues M&A opportunities to augment organic growth. It is acting as a natural consolidator in the industry with an extensive M&A track record of 20 transactions closed since 2016. Since October 2022, Softline Holding plc hqas divested itself and is operating under the trademark Noventiq.
Noventiq is a 8200-strong, people-first and customer-centric organisation with sales and services in its DNA. Noventiq successfully promotes entrepreneurialism and continuous development of its talent. Noventiq is a multiple Great Place to Work winner. Its relationship with employees is based on long-term partnership where the company and the team members share the success thanks to advanced motivation program. The Company is committed to diversity and inclusion and is resolute in its commitment to ethical and compliant business – a must-have for any technology ecosystem. Noventiq’s management team is very diverse in terms of professional and cultural backgrounds, and this diversity echoes in day-to-day operations across Noventiq’s international footprint.
Results of Softline Annual General Meeting15/09/2022
Softline announces strong gross profit growth of 25% in Q1, with constant currency turnover growth of 44% in its international business16/08/2022
Softline provides notice of its Annual General Meeting12/08/2022
Softline will announce Q1 FY2022 Trading update on 16 August, 202202/08/2022
Softline publishes Annual Report for FY2021 ending 31 March 202229/07/2022
Softline (now Noventiq) plans to proceed with a demerger of its Russian and non-Russian operations19/07/2022
Softline publishes audited results for FY2021 ending 31 March 2022, with very strong profitable growth including 26% constant currency turnover growth, and 39% gross profit growth07/07/2022
Softline significantly bolsters Middle East and Africa presence through acquisition of Seven Seas Technology, continuing to expand its global footprint30/06/2022
Softline announces strong results for Q4’21 ending 31 March 2022, including 39% constant currency turnover growth, and 51% gross profit growth, with strong execution and superior profitable growth24/05/2022
Softline announced the completion of its tender offer19/05/2022
Softline will announce Q4 2021 Trading update on May 2410/05/2022
Noventiq (formerly Softline) is exploring alternative options to adjust the group’s assets and ownership structure06/05/2022
Amendment to Long-term Incentive Plan29/04/2022
Softline announced a successful completion of tender offer for its rouble denominated bonds28/04/2022
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