Comptel’s Q2 and H1 2013 Business Activities and Results in Review

Posted: July 17th, 2013 | Author: Juhani Hintikka | Filed under: Events, Industry Insights, News | Tags: , , , | No Comments »

Yesterday, we announced Comptel’s financials for the second quarter and first half of 2013. To review the April – June period, our operating profit increased significantly compared to the previous year; we secured six significant orders (each valued over EUR 500,000) during this timeframe. We shared the news of communications service providers (CSPs), including Turkey’s Avea, Zain Kuwait and an African operator in conjunction with Tech Mahindra, leveraging our portfolio to get smarter about their operations, improve the customer experience and realise their business performance objectives.

Comptel also announced two new industry partnerships in the run up to our participation at TM Forum’s Management World conference in Nice in May. And as noted in our results announcement, our operating expenses decreased over the first half of the year, while we’ve realised efficiency improvements from the measures put in place in 2012.

Improving profitability continues to be our key goal throughout the rest of the year. We are further investing in our sales efforts in Latin America, the Middle East and new markets in Asia, and actively seek growth in these regions to compensate for the challenging market situation in Europe. We are also focusing on developing our fulfillment product line and our advanced analytics solutions over the coming months.

Comptel has especially received excellent feedback from the market about our strategic direction with regard to analytics – this was further reinforced with a Pipeline Innovation Awards win for Comptel Social Links. Earlier in the quarter, we re-organised this business unit to further open up opportunities in this area and further add value to our CSP customers, and now, we estimate that analytics deals will close in the second half of the year.

As I said last quarter, Comptel is on the right path, and is successfully executing its Event-Analysis-Action strategy and strengthening its position in the customer interaction automation domain.

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