InVision Software AG Draws a Positive End of Year Balance
InVision Software AG, leading German provider of staff planning software for call centers, can look back at a successful business year 2002. Despite the unfavorable economic climate, the company was nevertheless able to increase their turnover by 22 percent compared to the previous year, and produce a profit margin of well over 10%.
By gaining new customers, particularly in the financial services sector and telecommunication, InVision promoted a positive economic development in Germany. Furthermore, last year saw an increase in international sales. While international sales in 2001 were barely a quarter of the total turnover, in 2002 they made up over 35 percent of the total turnover.
In consequence of the business environment, business policy was rather modest. However, a very precise analysis of the market and quietly optimistic forecasts led to the right decision. An account which has risen: “Our strategy to keep costs consistently low, while at the same time investing in the growth of sales has proven to be a success”, as chief executive officer of InVision Software AG, Peter Bollenbeck has happily established. “Thus for 2003 we are in an even better position than the competition than we were before.”