Media contact
Have a question or need expert insights? We’re here to help you learn more about TTMS
Anna PronińskaPR Manager
Tel. +48 601 145 388 aproninska@tailorsgroup.plDownload files
News
TTMS awarded “Forbes Diamonds”
In the current macroeconomic situation, companies do not have it easy. Recent months have created new, constantly multiplying challenges for enterprises, becoming tests of stability, but also flexibility. Those who coped best in these conditions were appreciated by the Forbes monthly and were among the “Forbes Diamonds”. Transition Technologies MS can be found there for the second time in a row. Diamonds of the Forbes monthly is one of the most prestigious rankings among Polish private companies. The list is prepared on the basis of the Swiss method of valuation of companies, taking into account both financial results and the value of their assets. This method makes it possible to measure the potential of enterprises, taking into account the size of investments and the ability to increase sales and profits. In the latest January issue of Forbes you can find an article, in which the advantages of the managed services model are explained. The electronic version of the text can be found here: https://www.forbes.pl/diamenty/wizytowki/2023/ttms-outsourcing-it-optymalna-strategia-na-2023-rok/spsykrc.
Read more
TTMS receives “Partner for Climate 2022” certificate
With undisguised pride, we would like to inform you that in October, during the Krynica Forum, an international event connecting business, politics, and science, we were honored with the “Partner for Climate 2022” certificate. The certificate was presented to us by representatives of the State Forests, who organized the Carbon Dioxide Unit Auction. This is a significant distinction and a summary of our efforts so far. TTMS was represented by Anna Filipowicz and Maryna Kroskiewicz. As part of our collaboration with the State Forests, we will soon be saving two peat bogs – one in Spychowo and another in Przemków. Through actions such as preserving or restoring the water retention capacity of the peat bogs, improving water relations, and caring for the existing vegetation, the peat bogs will regain their natural properties and continue to play an important role for the environment. https://youtu.be/4VgEjSaEVBA
Read more
We publish the ESG report for 2021
In the annual non-financial report, we present our activities in the Environmental, Social and Governance areas. The presented report is the second non-financial report (ESG) prepared and published by Transition Technologies MS SA together with its subsidiaries: Transition Technologies Managed Services LTD (UK) and TTMS Software Malaysia Sdn. Bhd (Malaysia). It was developed in accordance with GRI Standards (“in accordance”) in the “core” option. It covers the year 2021, i.e. the period from January 1, 2021 to December 31, 2021. It was not subject to external verification by an auditor, but the company made every effort to ensure that the information presented in it was accurate. The report’s website and the entire document can be found here: TTMS ESG 2021
Read more
TTMS Nordic – our official Danish branch
Today we can officially announce, that we have our representative office in Denmark. ConCor, owned by TTMS, changed its name to TTMS Nordic. Thanks to their knowledge of the Danish and Scandinavian market as well as project experience, we can implement joint plans. TTMS Nordic focuses on Salesforce, Adobe Experience Manager and Microsoft solutions. Its aim is to support Scandinavian companies in the implementation of comprehensive, but also non-standard projects. TTMS Nordic is also an expert in the Agile methodology: Scaled Agile Framework (SAFe), allowing for efficient management of teams in large organizations. In October 2021, Transition Technologies MS took over the majority stake of the Danish company ConCor A/S, specializing in the sale of IT services to large and medium-sized companies in the region. The takeover of the company is in line with the TTMS development strategy in the area of foreign acquisitions. TTMS Nordic website: www.ttmsnordic.dk TTMS Nordic profile on LinkedIn: https://www.linkedin.com/company/ttmsnordic/ https://youtu.be/5Ctbg_BfvzU
Read more
TTMS is growing dynamically and continues preparations for its stock market debut
Outsourcing of IT and business services in Europe reached a record level in 2021, and one of the beneficiaries of the growing demand for IT outsourcing services is Transition Technologies MS S.A. (TTMS), a provider of modern IT outsourcing for global corporations. After the first three quarters of 2021, TTMS recorded strong double-digit growth in sales (+26% YoY) and profitability (+49% YoY). These excellent financial results are the result of continued focus on international projects in stable economic sectors, expanding existing framework agreements, and acquiring additional foreign orders. The next step in TTMS’s development is to conduct a public offering on the Warsaw Stock Exchange (GPW). (more…)
Read more
We are acquiring a majority stake in ConCor A/S in Denmark
Transition Technologies MS S.A. (TTMS), a rapidly growing provider of modern IT outsourcing for renowned global companies, has signed an agreement to purchase 56% of the shares in the Danish company ConCor A/S, a recognized IT outsourcing provider in Scandinavia with 19 years of market experience. The acquisition of the majority stake is part of TTMS’s strategy to expand its international sales network. According to the Management Board, the transaction will strengthen TTMS’s presence in the Danish market and other Scandinavian countries. The transaction is financed from TTMS’s own funds. By the end of 2021, TTMS plans to conduct a public offering and debut on the main market of the Warsaw Stock Exchange. Established in 2002, ConCor has a solid position in Denmark, with revenues amounting to approximately EUR 3.5 million in 2020. The company specializes in providing IT services to large and medium-sized businesses in the region and is a long-standing technology partner of Salesforce and an expert in Agile methodology: Scaled Agile Framework (SAFe), which allows for efficient management of team work in large organizations. ConCor fits into TTMS’s development strategy in the area of foreign acquisitions. The company’s business model aligns with TTMS’s operating methods, and its technological profile matches its key competencies. The high demand for modern IT outsourcing in Denmark creates an opportunity for the growth of such initiatives. Services provided jointly by TTMS and ConCor will be based on near-shoring from Poland (i.e., outsourcing services to geographically and culturally proximate regions) within efficiently cooperating Polish-Danish teams. The transaction with ConCor A/S is a significant step in the implementation of our development strategy. Through the acquisition and utilization of identified synergies, we aim to build our position not only in Denmark but also in other important Scandinavian markets. We assess the demand for TTMS and ConCor’s competencies as very high. Scandinavia is home to many international corporations and potentially interesting projects for us. ConCor has many years of experience in the IT industry, is well-acquainted with the local market, its specifics, and work culture. Meanwhile, TTMS continues its rapid growth in the number of new hires. We believe that together we can reach a significantly larger number of clients, strengthen our brand, and acquire more high-margin projects. The Danish company is an attractive player, debt-free, with competencies that largely overlap with ours. We want ConCor to be our window to the local markets. The transaction will also bring us closer to achieving our goal of becoming a global IT services provider,” says Sebastian Sokołowski, President of the Management Board of Transition Technologies MS S.A. Potential of Foreign Markets Scandinavia, the Nordic countries, along with the DACH countries (Germany, Austria, Switzerland), and the United Kingdom are key regions where TTMS aims to scale up its business in Europe. Outside Europe, TTMS is also expanding in Malaysia, where through its subsidiary it reaches the Asian and Australian markets. The Group’s international offices are located in the USA (San Francisco and Tampa), Austria, and Singapore. TTMS also holds the status of an R&D Center in France, a result of long-term cooperation with one of its largest industrial sector clients, Schneider Electric.
Read moreReady to take your business to the next level?
Let’s talk about how TTMS can help.
