(AOF) – Streamwide has unveiled a turnover of 17.6 million euros for 2022, up 5%. As announced, the increase in revenues for the second half of the year (+7% to 9.5 million euros) is greater than that observed in the first half (+4% to 8.1 million euros) and should thus enabling the group to “achieve another year of profitable growth, with high and significant levels of operating margins and results, improving on those of the first half”.
The specialist in communications and critical business software solutions, specifies that the 2023 revenues currently anticipated “are satisfactory, even if their progression compared to those of 2022 is not yet assured”.
“While several major projects are still in progress, mainly in Southern Europe and England, the volume and timing of the first orders have not yet been decided, but could nevertheless have a positive impact on the 2023 financial year”, explains Streamwide.
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European cloud players file complaint against Microsoft
These groups have benefited from a jump in their activity of 167% over the last five years. However, their share in the European cloud fell from 27% to 13% over the period. That of Amazon, Microsoft and Google has jumped from 46% to 72%, according to Synergy Research. The European leader, SAP, is only in seventh place with only 2% of the market.
European players accuse Microsoft, the world’s number one cloud provider, of taking advantage of its position as a software publisher and cloud service provider to force its software customers to switch to its services if they want to migrate to the cloud. Despite recent announcements from Microsoft to calm things down, European players are offering to test its compliance with the ten principles of fair software licensing established by Cigref, the French association of the main digital customers.