Innofactor in brief

Our task is to help our customers digitalize their business, promote a collaborative way of working, and develop their business processes by utilizing data-driven decision making and secure cloud services.

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Driving the Modern Digital Organization in the Nordics

Innofactor's purpose is to innovate to make the world work better. We are driven by a mission to help our customers succeed by modernizing and digitalizing their organization. Our working principle is to put people first in everything we do. We want to create solutions that make people's everyday work and life run smoothly and bring a smile to their faces. We focus on the Microsoft ecosystem's Business-to-Business solutions whose markets are growing faster than the IT market on average.

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We help our customers to succeed

We offer our customers planning services for business-critical IT solutions, project deliveries, implementation support and maintenance services, and develop our own software and services. Our solutions are used by more than 1,000 organizations in the private, public, and third sectors in the Nordic countries. We are a strong and valued partner. Our long-term customer relationships are evidence of the customers' trust in Innofactor. We utilize a proactive and flexible delivery model that creates added value and helps us establish a superior position in the market.

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Our top experts guarantee the quality

Innofactor employs over 500 enthusiastic and motivated top professionals in Finland, Sweden, Denmark, and Norway. We are united by our desire to work on the front line of innovation and new technology. We take pride in our highly competent professionals and significantly invest in competence development. Our employees maintain and improve their skills by acquiring technological qualifications, such as Microsoft Certified Professional, and by participating in training provided by our own Innofactor Academy. Their high level of expertise is evidenced by the more than 16 Microsoft Gold competencies we have achieved, for example.

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Our business in numbers

Our net sales in 2020 amounted to EUR 66.2 million, which shows an increase of 3.1 percent from the previous year. Our operating margin (EBITDA) was EUR 7.2 million, which was 10.8 percent of net sales. The five-year growth rate of our net sales in 2016–2020 was 8.3 percent annually on average (CAGR), and EBITDA averaged 4.8% of net sales in 2016–2020. The long-term goals specified in our strategy are to achieve annual growth of about 20 percent, primarily through organic growth, an operating margin (EBITDA) of about 20 percent in relation to net sales, as well as to maintain positive cash flow and ensure a solid financial standing in all situations. Innofactor Plc share is listed on the main list of Nasdaq Helsinki Ltd. Innofactor is one of the fastest-growing companies in the 2010s as measured by net sales on Nasdaq Helsinki. Innofactor has approximately 11,000 shareholders.

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Success is achieved together

The technological transformation will present IT companies with unparalleled opportunities during the coming years. As the markets are changing, Microsoft and its ecosystem are growing faster than the IT markets on average. Microsoft sets the direction of development in many areas, and the Nordic countries have typically been on the forefront of utilizing new technologies. Innofactor's highly advantageous position as the leading Nordic player in the Microsoft ecosystem provides a great platform for common success.

Together with our customers, partners, employees, and investors we produce solutions that help our customers and society to succeed. I would like to thank all our existing partners and to welcome all the new customers, partners, employees, and investors!

Sami Ensio
Innofactor's founder, major owner, and CEO

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