TXT e-solutions
TXT e-solutions is an international software development and consulting company. Founded in 1989, TXT e-solutions has been listed since July 2000 on Borsa Italiana–London Stock Exchange (TXT.MI) STAR segment.[1] The company has headquarters in Milan and offices in Italy, France, UK, Germany, Spain, Canada, Australia, Hong Kong, Singapore, and United States
| Type | Public (Borsa Italiana): MI) |
|---|---|
| Industry | Software & Programming |
| Founded | Milan, Italy (1989) |
| Headquarters | , Italy  |
Number of locations | Italy, France, UK, Germany, Spain, Canada, Australia, Hong Kong, Singapore, United States |
Key people | Alvise Braga Illa, President Marco Guida, CEO |
| Revenue | €61,5 million Euro (2015) |
Number of employees | 565 (As of 2014) |
| Website | http://www.txtgroup.com/ |
Overview
The company operates via two main Areas:[2]
- Demand & Supply Chain Management :it offers products and consulting services based on its own software suite TXT PERFORM. Target markets are fashion and luxury, retail and consumer goods.[3] Analysts recognize to TXT PERFORM an international leadership in these segments and particularly for Merchandise & Assortment Planning, Retail Planning, Collaborative Demand Planning, Product Life Cycle Management and Sales and Operations Planning solutions.
- Software for Complex Operations & Manufacturing: throughits division TXT NEXT, the company offers specialized solutions for aerospace, defence, high tech and financial enterprises.[4]
Another focus of TXT e-solutions is Research & Development. Its Corporate Research team is involved in several national (Italian) and international research programs.[2][5]
TXT e-solutions is based in Milan and has offices throughout Italy, France, UK, Germany, Spain, Canada, Australia, Hong Kong, Singapore, and United States.[6]
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.[7]
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;[8] therefore,TXT Polymedia business was sold to Kit Digital Inc. to secure additional financing and to accelerate its international growth.[9]
On 2 October 2017, TXT group finalised the sale of the TXT Retail (TXT PERFORM) division to Aptos, Inc. (formerly a division of Epicor.[10]
References
- Italian Stock Exchange, STAR segment.
- "From Research to Practice: How Does TXT Plan to Deploy Innovations in Sharing Development Knowledge" Archived 28 August 2008 at the Wayback Machine TXT e-solutions joined European co-funded project TEAM, 2007
- Supply Chain Management Solution Provider Creates New Business Opportunities with OBA Microsoft Case Studies at microsoft.com, posted 6/29/2009. Accessed Sept 11, 2009.
- "TXT e-solutions profile on Borsa Italiana" (PDF). Archived from the original (PDF) on 22 July 2011. Retrieved 14 September 2009.
- TXT e-solutions joined HERMES which is an international collaboration between six organizations in six countries, aimed at providing cognitive care Archived 17 October 2010 at the Wayback Machine HERMES : an international collaboration a EU under Framework Programme 7. Accessed Sept 11, 2009.
- TXT Retail continues strong global growth. Accessed 14 June 2016.
- TxT Annual report 2006 Archived 17 July 2011 at the Wayback Machine. Accessed 27 June 2011.
- Archived 8 October 2011 at the Wayback Machine Consolidated Financial Statements as of 31stDecember 2010
- KIT digital Acquires Polymedia, Strengthens Network Operator and Broadcaster-Focused Solutions
- COMPLETION OF THE SALE OF TXT RETAIL DIVISION TO APTOS. Archived 1 December 2017 at the Wayback Machine. Accessed 27 November 2017.
External links
- TXT e-solutions homepage.
- TXT e-solutions at Borsa Italiana