Industry Software & Programming Founded 1989 | Headquarters Italy Number of employees 565 (2014) | |
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Type Public (Borsa Italiana): MI) Revenue €61,5 million Euro (2015) Stock price TXT (BIT) € 10.27 +0.08 (+0.79%)5 Apr, 10:11 AM GMT+2 - Disclaimer Number of locations Italy, France, UK, Germany, Spain, Canada, Australia, Hong Kong, Singapore, United States Key people Alvise Braga Illa, President; Marco Guida, CEO Subsidiaries Auszug aus der Kundenliste der MSO concept GmbH Profiles | ||
TXT e-solutions is an international software development and consulting company leader in supply chain management and in advanced software systems and services for mission and business critical applications. Founded in 1989, TXT e-solutions has been listed since July 2000 on Borsa Italiana–London Stock Exchange (TXT.MI) STAR segment. The company has headquarters in Milan and offices in Italy, France, UK, Germany, Spain, Canada, Australia, Hong Kong, Singapore, and United States
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Overview
The company operates via two main Areas:
Another focus of TXT e-solutions is Research & Development. Its Corporate Research team is involved in several national (Italian) and international research programs.
TXT e-solutions is based in Milan and has offices throughout Italy, France, UK, Germany, Spain, Canada, Australia, Hong Kong, Singapore, and United States.
History
TXT e-solution was founded in the 1989. During the ‘90s it released software products dedicated to Production Planning & Scheduling and then its first Software Suite for (SCM) Supply Chain Management. Soon after IPO in 2000 it started international operations and started up subsidiaries in France, Spain, United Kingdom and Germany. TXT e-solutions released in 2002 the first solutions for Supply Chain Management specialized by Business Processes: Demand Management and Sales and Operations Planning and the year after new Software Products for Product Data Management (PDM). Even TXT Polymedia, (former subsidiary of TXT e-solutions) that moved its first steps in the late ’90 on Multichannel Content Management software, in the same year extended its offering to Digital Terrestrial Television.
In 2004 TXT PERFORM Software products for Demand & Supply Chain Management and Sales & Operation Planning was released as well as a new Polymedia Mobile Platform. In 2006 Microsoft selected TXT e-solutions for the Industry Builder Initiative to cover Supply Chain Planning needs of Consumer-driven industries. The year after competence areas and line of businesses were grouped into three divisions: TXT PERFORM, TXT POLYMEDIA, TXT NEXT
2008 was the year of two important releases: first TXTPERFORM2008 (the new Supply Chain Planning Suite combining Business Intelligence functionalities with Supply Chain Planning) and then Media in a Box (multimedia content management platform)
While the world was struggling for the crisis, TXT e-solutions managed to launch a new Software product for Product Lifecycle Management by TXT PERFORM and new solution and service line for Digital Manufacturing dedicated to Aerospace sector by TXT NEXT.
The 2011 was the year for TXT e-solutions to focus its development strategy on the TXT PERFORM and TXT NEXT divisions; therefore, TXT Polymedia business was sold to Kit Digital Inc. to secure additional financing and to accelerate its international growth.