Sword : | Présentation SFAF du 12/03/2020

FY2019

PRESENTATION

Organisation

Sword Group - March 20		2

Organisation

MANAGING DIRECTORS

Dave Bruce

Philippe Le Calvé

Jacques Mottard

Dieter Rogiers

Nick Scully

	TEXAS				MIDDLE EAST
UK	FRANCE	IP	SWITZERLAND	&	BELUX
					INDIA

GREECE	RISK	COMPLIANCE

Sword Group - March 20		3

Organisation

CFOs	M&A ADVISOR

		Phil Norgate
Frédéric Goosse
Group CFO

Laurence Blanc		Sylvain Dal Vecchio		Leïla Julien
Services + Consolidated		BeLux & Greece		France

Becky Marsland		Phil Norgate		Patrick Zbinden
Software		aa. UK Services		Switzerland & ME

Sword Group - March 20		4

Sword today

Sword Group - March 20		5

Group's Offer Software & IT Services

SERVICES		SOFTWARE
Creating Value through technology & improvement	Adding	Value through innovative software solutions

CRM

ANALYTICS

CS

AI

GIS

IP

SEARCH SECURITY

GRC INVESTIGATION

DIGITAL	DATA
PERFORMANCE	OPTIMISATION
Skills & expertise, to accelerate	Making Data Work Smarter
your digital transformation.

Health	Luxury	Aerospace	Sport	Energy	Finance	Transportation	Government	International	Construction
Industry	& Defence	Orgs
									Sword Group - March 20	6

Sword's Flagship Projects &

Growth Opportunities

Sword Group - March 20		7

Software

Sword Group - March 20		8

Some Highlights of the Group | Governance Risk & Compliance

GRC

#1 in the

Defence Sector

>

Software

1

Sword Group - March 20		9

Flagship Project | Governance Risk & Compliance

Challenger Tank

>

Software

1

Sword Group - March 20		10

Growth Opportunities | Governance Risk & Compliance

GRC Market predicted to grow at 13.4%*

>

Software

1

Project Risk			Construction
		Transportation
			Energy

Financial	 Magique Galileo
Services Risk

Extended			Audit
Solution			Compliance & Policy Management
Offering

Research &

Development

Micro

Acquisitions

Global Reach

• Critical importance
• ARM 2020
• Functional depth & User experience
• Specific focus & Complimentary
• Extend product reach
• Europe & USA
• Asia & Australia

• CAGR Gartner

Sword Group - March 20		11

Some Highlights of the Group | Intellectual Property

IP

#1 on all National

Offices of Trademarks

and Patents

>

Software

2

Sword Group - March 20		12

Flagship Project | Intellectual Property

New Zealand - MBIE | IPONZ & RESOLVE

MBIE

Ministry of Business Innovation & Employment

	IPONZ						RESOLVE
	Intellectual Property Office of New Zealand					Government Centre for Dispute Resolution

SwordAcsepto

Trademarks & Designs, Search & Examination

Software Solution (Verbal & Logos Images)

SwordPtolemy

Online IP Rights (multi-domains)
Case Management Solution	IA

>

Software

2

9 years of strategic partnership with the Ministry

Sword Group - March 20		13

Growth Opportunities | Intellectual Property

Keep IT		 €2 to €3 m+ annual maintenance/support contracts
	 Maintain our existing Acsepto clients
		 Keep our long term special relationship with our NZ Key
		customer
		 Release new modules / features to our Ptolemy to be sold
Grow IT		as add-on
	 Provide new service/consulting offering to our existing
		customer
		 More synergy with Sword's international units
		 Beat the current competitor on the field of Office
		automation
Win more		 Extend our Ptolemy Case Management Solution outside IP
	> Resolution /arbitration
		 Become an international actor in Trademark Watch services
		 Extend our IP presence globally

>

Software

2

Sword Group - March 20		14

UK

Services

France

Switzerland

Services

BeLux

GreeceMiddle East

India

Sword Group - March 20		15

Some Highlights of the Group | UK

Services

1

UK

#1 in the Oil & Gas

Sector in Scotland

Sword Group - March 20		16

Flagship Project | UK

Drilling for Data	 Finding oil in a sea of data
	 Digitally optimising key business process
	 Turning non-viable into viable
	 Cutting cost by up to 70%

Shell International E&P	BP Houston
Quality Improvement Managed Service	First Data Science Project in US
"Using Data Science tools to cleanse well data	"Delivering consistent subset of core analysis data
for effective geoscientific interpretation"	to the geoscience community"
 Hybrid Dutch-UK service model	• Thunderhorse Field, highly visible Gulf of Mexico
 Applied Data Science to drive Continuous	project
Improvement and increase cost efficiency	• Content and Data Extraction to bespoke front-end
 Delivers high-quality data for 600 wells per	using Machine Learning
annum to the Geoscience user community	• Delivery of standard frontend dashboard
 Consistently ranked amongst the best services	• Plan to roll out methodology as a series of projects
within Shell Data Management	in the US, UK and Australia

Services

1

Data Mining - Data Extraction - Machine Learning - Visualisation

Sword Group - March 20		17

Growth Opportunities | UK

Keep IT

Grow IT

• Over £20M of strategic contracts renewed in the first two months of 2020
• Strategic account management process
• Provision of long term non-discretionary services
• Export our energy expertise to Houston
• Capitalise on M&A activity in North Sea (asset transition projects)
• Convert asset transition projects into long term support deals
• Build on new service lines in Australia & Holland

Ressources

Organisation

Services

1

• Our energy expertise in Aberdeen (300+)
• Experienced Account managers
• 40 Offshore trained staff
• Trust
• Framework contracts with Shell & BP in Houston
• Unrivalled asset transition project capability
• 24x7 Service capability

Win more

• A dedicated Houston office & team
• Deploy greater sales capability in London to fuel our growth
• Greater focus on selling into public sector and Insurance

Sword Group - March 20		18

Some Highlights of the Group | BeLux - Greece

Services

2

BeLux / Greece

Top player in

application services and communication services

at the European

Institutions

Sword Group - March 20		19

Flagship Projects | BeLux - Greece

20+ yr Strategic Partnership DG Taxud

EC - DG Taxation and Customs Union's mission is to develop and manage the Customs Union and to develop and implement tax policy across the EU for the benefit of citizins, businesses and Member States

EU is the largest trading block in the world

• 15 % of world trade
• 4 trillion Euro of yearly EU trade with other countries
• 25 billion Euro of yearly collected Customs

Sword is working on 10+ of these systems

DG Taxud IT Budget for 2021-2027: € 950 million

Services

2

European Commission DG Justice - Digital and

online campaigns

Geo-localizedsocial media campaign (Facebook, Instagram, Snapchat) activated around key airports in smaller EU countries. Google Display Ads campaign helping EU citizens who are travelling outside the EU with Consular Protection.

Sword Group - March 20		20

Growth Opportunities | BeLux - Greece

Services

2

Expertise

Key Clients

• Expertise with European procedures
• Market leader @ European Institutions
• #1 in setting up winning Consortiums
• Winning Bid-teams @ the EI

• 55 European Institutions / organisations / Agencies

• European Commission
• European Parliament
• European Council
• Court of Justice / Eurojust
• European Investment Bank / European Investment Fund / European Central Bank
• European Agencies

Business

Contracts

Organisational

Structure

• 25 Major Multi-millionand multi-annualEuropean Framework Contracts
• 150 Million Euro backlog

• 3 Customers in 'Top 10 Client list' of Sword
  Group
• 450 consultants
• 3 geographical Locations (Brussels, Lux, Athens)

Sword Group - March 20		21

Some Highlights of the Group | France

Services

3

France

#1 GIS & MaaS

Integrator

Sword Group - March 20		22

Flagship Project | France

Aéroport de Paris - Management of infrastructure networks for 12 airports: Orly, Roissy, Le Bourget

Services

3

Visualize				Invoicing	by
	Present		Organize the tasks
			topology and uses
	Locate

Cartographic, collaborative network management platform

INFRA NETWORKS

Sword Group - March 20		23

Growth Opportunities | France

Keep IT

Grow IT

Win more

• IT specialist
• Fixed Price Projects commitment
• Renewal with 95% of our Clients

Ressources

• Focus on our Initiatives
• • In terms of Technologies: RPA, BlockChain, IoT, BIM
  • In terms of New Markets: MaaS
  • In terms of new products opportunities extending our IT Services expertise

Organisation

• Target sale approach via vertical Services / Products
• Pass from 1 Client = 1 Expertise = 1 Project to 1 Client = several expertises
• Health: significant opportunities

Services

3

• More than 580 IT Engineer
• Located in 3 sites: Lyon (430), Paris (100) Rennes (50)
• ISO207001 certified - ISO 9001 conformed
• 6 clusters

	GEO		IP & Blockchain
	Content & Collab		Customer
	Data & Intelligence		Health

Sword Group - March 20		24

Some Highlights of the Group | Switzerland

Services

4

Switzerland

Key player in sport,

Luxury and at the

United Nations

Sword Group - March 20		25

Flagship Project | Switzerland

World Intellectual Property Office (WIPO a UN agency)

The International Trademark System

The Madrid System is a convenient and cost-effective solution for registering and managing trademarks worldwide. Sword operates a modern IT platform, designed to support the operational needs and to reinforce online services for users.

Long Term Agreement

Contract

CPAG agencies

Perimeter

CH, EU, offshore

Territories

5 years

Duration

ICT Dev. & Support

Services

Services

4

Sword Group - March 20		26

Growth Opportunities | Switzerland

Services

4

FMCG &

Luxury goods

Sport

Industry

Leading program & project management along with major digital transformation initiatives within luxury & FMCG industries

Key driver: E-Commerce, Digital expertise

Acting as partner, provider, as well as sponsor,

Sword is a key actor within the IT landscape for Sport Industry

International

Organisations

Sword counts international organisations as key clients in

Switzerland, including: United Nations, Red Cross, Airlines

Associations…

Key driver: Long Term Agreements

Sword Group - March 20		27

Some Highlights of the Group | Middle East & India

Middle East &

India

#1 in Governmental &

Banking Mobile

Application

Services

5

Sword

UAE

Sword

Lebanon

Sword

India

Sword Group - March 20		28

Flagship Projects | Middle East & India

Lebanon-Beirut:

• Customer: CMA CGM-Marseille: 110,000 Employees, 31 Billion$, 160 countries
• Project: Maintenance Agreement for the Group Financial ERP

Services

5

Oracle E-Business Suite, 8 persons Onsite, 15 persons at Nearshore, contract till 2022 + renewal option

UAE-Dubai:

• Customer: UAE Prime Minister Office-DUBAI: entity that coordinate projects related to the government's strategic and future directions
• Projects: Mobile Applications Development and Maintenance

Mystery Shopper: to improve the Services quality in all governmental offices

QIYADAT: to find the new UAE Leaders and promote there competencies (i.eUAE LinkedIn)

India-Chennai:

• Customer: KAPLAN-UK: 40+K Student registrations per year, training accountants, operations in over 30 countries
• Project: Portal Development & Maintenance Services: Net, Sitefinity, 3 Scrum teams with a total of 31 members (PM, Devs, UI and QA)

Sword Group - March 20		29

Growth Opportunities | Middle East & India

Lebanon

Beirut

UAE

Dubai

Services

5

• Increasing of Nearshoring demand from the Swiss Market
• New Service Offerings : Automated Testing, Cloud Development & Oracle Fusion
• Government entities such as RTA to deploy AI solutions
• BEAM software product
• Prime Minister Office: maintenance support for large Mobile Applications

India		 New sales team for UK & Canada.
		Offering of New Services : DevOps& Cloud Development
Chennai
		LTA's with UNICEF and other UN agencies

Sword Group - March 20		30

2019 Figures

Sword Group - March 20		31

At a Glance

IDENTITY

Successful, Growing, Financially Secure and Listed

International		1000+ customers		2 offshore
Group founded
	in over 50
in 2000			support centres
	countries

FY2019

Consolidated Revenue by Region

Other 13.9%

Switzerland 13.1%

Active in

France 21.6% 50+ UK 29.0%

countries

BeLux 16.5%

USA 5.9%

FY2019

Consolidated Performance

	Software
	11%
€213.2m Revenue
€28.6m (13.4%)	IT Services
89%
EBITDA

FY2019

Consolidated Revenue by Market

	Bank, Insurance,
Health, Telco,	Finance 15.0%
Other 22.2%

2,300+
domain experts	Manufacturing,
Government	Energy, Utilities
33.9%	28.9%
	Sword Group - March 20		32

FY2019 Key Figures | IFRS 16 Standards

Organic growth at

constant exchange rate

+20.7%

Revenue

€213.2 m

FY2019

EBITDA margin

13.4%

Sword Group - March 20		33

2019 Key Figures | IFRS 16 Standards

€m	Revenue	EBITDA (*)	Organic Growth (*)
Q1	50.5	13.5%	+19.1%
Q2	53.6	13.3%	+23.7%
Q3	52.6	13.1%	+21.9%
Q4	56.5	13.8%	+18.1%
FY	213.2	13.4%	+20.7%

1. Percentages and amounts are calculated from figures in €K.

Sword Group - March 20		34

FY2019 | Consolidated Breakdown

€m		FY2019
	Revenue	EBITDA Margin (*)	Organic Growth (*)
Governance Risk & Compliance	17.5	24.4%	+31.5%
Others	6.7	29.2%	-1.7%
SOFTWARE	24.2	25.8%	+20.3%
France	47.9	12.7%	+15.7%
BeLux	45.3	9.4%	+24.2%
Switzerland	28.0	12.3%	+18.4%
UK	52.1	12.2%	+21.0%
Others	15.7	14.3%	+34.5%
IT Services	189.0	11.9%	+20.8%
TOTAL	213.2	13.4%	+20.7 %

1. Percentages and amounts are calculated from figures in €K.

Sword Group - Q4-FY2019 - 35 -

FY2019 | Net Cash Position

Net cash position

€53.7m €70.8m

(i)

(ii)

1. IFRS 16
2. IFRS 16 impacts excluded

31/12/2019

Sword Group - March 20		36

SOFTWARE R&D

R&D Products:

18.4%

of the 2019 Software

Revenue

Sword Group - March 20 37

Backlog

[31/12/2019]

Backlog:

€487.0m

(24.4 months)

[31/12/2018]

Backlog:

€400.6m

(24.0 months)

Sword Group - March 20		38

FY2019 Currency | Breakdown

Currency	%
EUR	42.8%
GBP	29.7%
CHF	13.9%
USD	5.3%
Others	8.3%

Sword Group - March 20		39

Top 10 | Clients

Company	Location
Admiral	UK
BP	UK
DIGIT	BeLux
DG Taxation and Customs	BeLux
Union
DG Justice and	BeLux
Consumers
European Parliament	BeLux
Ministry of Business	New Zealand
Innovation & Employment
Richemont	Switzerland
Serica Energy	UK
Total	UK

	3		1		2

The first 10	The first client
clients represent	represents 3.8%
26.0% of the 2019	of the 2019
Consolidated Revenue	Consolidated Revenue

Sword Group - March 20		40

FY2019 | Staff

2,337	(i)
	1,831	299
		178
			29

Total

IT Services

Offshore

Software

Holding

1. 2,028 full time equivalent (FTE) staff (NDBS included)

804 freelancers (502 FTE)

Sword Group - March 20		41

2019 Dividends | €1.2 + €0.6

+24%

+21%

0%

2016 Total Share Return (TSR)	2017 Total Share Return (TSR)	2018 Total Share Return (TSR)
01/01: €24.30 - 31/12: €29.04	01/01: €29.04 - 31/12: €33.84	01/01: €33.84 - 31/12: €29.00
Dividend paid in 2016: €4.8	Dividend paid in 2017: €1.2	Dividend paid in 2018: €4.8

+22%

2019 Total Share Return (TSR)

01/01: €29.00 - 31/12: €34.10

Dividend paid in 2019: €1.2

+7.2%		+20.8%		-21.6%		+19.0%
CAC MID&SMALL		CAC MID&SMALL		CAC MID&SMALL		CAC MID&SMALL

2016

2017

2018

2019

Sword Group - March 20		42

Balance Sheet

Sword Group - March 20		43

Balance Sheet | Goodwill Analysis

	31 December	31 December
	2018	2018		31 December
(in thousands of €)	Restated	Published	2019
ASSETS
NON-CURRENT ASSETS
Goodwill	66,200	66,200		75,340
Other Intangible Assets	6,812	6,812		10,601
Property, plant & equipment	3,720	3,720		5,089
Assets related to the right of use				14,424
Investments in associates	865	865		50
Financial assets at fair value through other comprehensive
income	649	649	1,099
Deferred tax assets	1,650	1,650		1,579
Other assets	2,528	2,528		2,448
TOTAL NON-CURRENT ASSETS	82,424	82,424		110,630
CURRENT ASSETS
Trade and other receivables	33,496	33,496		37,130
Work in progress	23,655	23,655		28,774
Current tax assets	2,500	2,500		946
Other assets	7,770	7,770		5,571
Cash and cash equivalents	112,929	112,929		71,657
Prepaid expenses	5,341	5,341		2,407
TOTAL CURRENT ASSETS	185,691	185,691		146,485
TOTAL ASSETS	268,115	268,115		257,115

• Increase in goodwill of €9.1 m (75.3 - 66.2) due to the following changes:

	Acquisition of Magique Galileo	€3.7 m
	Acquisition of DataCo	€2.1 m
	Acquisition Greek minority holding	€1.1 m
	Exchange rate differences	€2.2 m (*)

1. mainly due to GBP (€1.3 m) & CHF (€0.9 m)

Sword Group - March 20		44

Balance Sheet | Non-Current Assets

	31 December	31 December
	2018	2018		31 December
(in thousands of €)	Restated	Published	2019
ASSETS
NON-CURRENT ASSETS
Goodwill	66,200	66,200		75,340
Other Intangible Assets	6,812	6,812		10,601
Property, plant & equipment	3,720	3,720		5,089
Assets related to the right of use				14,424
Investments in associates	865	865		50
Financial assets at fair value through other comprehensive
income	649	649	1,099
Deferred tax assets	1,650	1,650		1,579
Other assets	2,528	2,528		2,448
TOTAL NON-CURRENT ASSETS	82,424	82,424		110,630
CURRENT ASSETS
Trade and other receivables	33,496	33,496		37,130
Work in progress	23,655	23,655		28,774
Current tax assets	2,500	2,500		946
Other assets	7,770	7,770		5,571
Cash and cash equivalents	112,929	112,929		71,657
Prepaid expenses	5,341	5,341		2,407
TOTAL CURRENT ASSETS	185,691	185,691		146,485
TOTAL ASSETS	268,115	268,115		257,115

• Increase in capitalized R&D: +€2.7 m
• Allocation of part of the goodwill on the acquisition of Magique Galileo: +€1.1 m

Sword Group - March 20		45

Balance Sheet | Current Assets

	31 December	31 December
	2018	2018		31 December
(in thousands of €)	Restated	Published	2019
ASSETS
NON-CURRENT ASSETS							Increase of €1.4m in tangible fixed assets,
							mainly due to the fixtures and fittings in the
Goodwill	66,200	66,200		75,340
Other Intangible Assets	6,812	6,812		10,601			new rented buildings.
Property, plant & equipment	3,720	3,720		5,089
Assets related to the right of use				14,424
Investments in associates	865	865		50
Financial assets at fair value through other comprehensive
income	649	649	1,099
Deferred tax assets	1,650	1,650		1,579
Other assets	2,528	2,528		2,448
TOTAL NON-CURRENT ASSETS	82,424	82,424		110,630
CURRENT ASSETS
Trade and other receivables	33,496	33,496		37,130
Work in progress	23,655	23,655		28,774
Current tax assets	2,500	2,500		946
Other assets	7,770	7,770		5,571
Cash and cash equivalents	112,929	112,929		71,657
Prepaid expenses	5,341	5,341		2,407
TOTAL CURRENT ASSETS	185,691	185,691		146,485
TOTAL ASSETS	268,115	268,115		257,115

Sword Group - March 20		46

Balance Sheet | Right of Use Assets

	31 December	31 December
	2018	2018		31 December
(in thousands of €)	Restated	Published	2019
ASSETS
NON-CURRENT ASSETS
Goodwill	66,200	66,200		75,340
Other Intangible Assets	6,812	6,812		10,601
Property, plant & equipment	3,720	3,720		5,089
Assets related to the right of use				14,424
Investments in associates	865	865		50
Financial assets at fair value through other comprehensive
income	649	649	1,099
Deferred tax assets	1,650	1,650		1,579
Other assets	2,528	2,528		2,448
TOTAL NON-CURRENT ASSETS	82,424	82,424		110,630
CURRENT ASSETS
Trade and other receivables	33,496	33,496		37,130
Work in progress	23,655	23,655		28,774
Current tax assets	2,500	2,500		946
Other assets	7,770	7,770		5,571
Cash and cash equivalents	112,929	112,929		71,657
Prepaid expenses	5,341	5,341		2,407
TOTAL CURRENT ASSETS	185,691	185,691		146,485
TOTAL ASSETS	268,115	268,115		257,115

• 17.1 - 2.7 = €14.4 m

These assets correspond to the sum of the rents of the buildings occupied by Sword until the end of each lease after deduction of provisions for empty premises.

Sword Group - March 20		47

Balance Sheet | Lease Obligations

	31	31	31
	December	December	December
	2018	2018	2019
(In thousands of €)	Restated	Published
EQUITY AND LIABILITIES
EQUITY
Share capital	9,545	9,545	9,545
Share premiums	70,676	70,676	70,676
Reserves	1,563	1,563	4,831
Retained earnings	63,138	66,990	61,950
TOTAL EQUITY - GROUP SHARE	144,922	148,774	147,002
Non-controlling interests (minority interests)	2,446	103	3,006
TOTAL EQUITY	147,368	148,877	150,008
NON-CURRENT LIABILITIES
Lease obligations			13,006
Financial debt	20,087	20,087	0
Provisions for retirement benefits	1,079	1,079	1,534
Other provisions	3,022	3,022	392
Deferred tax liabilities	1,235	1,235	1,302
Other liabilities	13,075	11,944	8,229
TOTAL NON-CURRENT LIABILITIES	38,498	37,367	24,463
CURRENT LIABILITIES
Financial debt			4,080
Other financial debts	6,349	6,349	878
Other provisions	2,821	2,821	1,247
Trade and other payables	18,028	18,028	18,401
Current tax liabilities	520	520	2,310
Other liabilities	26,953	26,575	29,254
Prepaid services	27,578	27,578	26,474
TOTAL CURRENT LIABILITIES	82,249	81,871	82,644
TOTAL LIABILITIES	120,747	119,238	107,107
TOTAL EQUITY AND LIABILITIES	268,115	268,115	257,115

• Non-currentlease obligations: €13.0 m
• • France: €5.3 m

	UK:	€4.5 m
	BeLux:	€2.0m

• Other: €1.2 m

These liabilities correspond to the sum of rents for the buildings we occupy from 01/01/2021 until the end of each lease.

• Current lease obligations: €4.1 m

These liabilities correspond to the sum of the rents of the buildings we occupy for the year 2020 only.

Sword Group - March 20		48

PnL & Cash Flow Statement

Sword Group - March 20		49

Consolidated Income | Extract

(in €'000)	31 DECEMBER 2018	31 DECEMBER 2019
REVENUE	171,412	213,182
EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION AND AMORTISATION,	20,145	28,624
EXCLUDING NON-RECURRING ELEMENTS (EBITDA)
EBITDA in %	11.8%	13.4%
EARNINGS BEFORE INTEREST AND EXCLUDING NON-RECURRING ELEMENTS	15,546	20,469
(EBIT)
EBIT in %	9.1%	9.6%
OPERATING PROFIT (OP)	86,067	19,048
OP in %	50.2%	8.9%
PROFIT FOR THE PERIOD FROM CONTINUING OPERATIONS	81,857 (i)	13,549
PROFIT FOR THE YEAR	86,405	13,549

1. Disposal of Apak on October,18th

Sword Group - March 20		50

Cash Flow | Extract

(in €'000)	31 DECEMBER 2018	31 DECEMBER 2019
NET CASH FLOWS FROM OPERATING ACTIVITIES	14,171	21,768
NET CASH FLOWS (ALLOCATED TO) / FROM INVESTMENT ACTIVITIES	119,088	(11,494)
NET CASH FLOWS ALLOCATED TO FINANCING ACTIVITIES	(59,088)	(52,230)
Net change in cash and cash equivalents	74,171	(41,956)
CASH AND CASH EQUIVALENTS AT THE CLOSE OF THE PERIOD	112,080	71,045

Sword Group - March 20		51

2020 Figures

Sword Group - March 20		52

2020 | Figures

2020 budgeted EBITDA margin

13%

2020 budgeted organic growth

12%

Sword Group - March 20		53

FOLLOW SWORD

sword-group.com

@Sword_Group

Sword Group

@SwordGroup

Sword Group

Sword Group | 2 rue d'Arlon L-8399 Windhof - Luxembourg

SE capital €9,544,965 - B168244

Appendices

Sword Group - March 20		55

Competition | IT Services

CRM	NLP	CS	ML	GIS	SEARCH
					PORTAL

THE SPECIALISTS				AEROW	SUBSTANCIAL	1SPATIAL	EXAKIS
		AVANADE	JOUVE	AMEXIO	ARX IT
		START-UPS & IT	GPARTNER
		KEYRUS	LOGILAB	GDOC	ESRI PS
		SERVICES	JOUVE
		MASAO	SMILE	SMILE	GRAPH LAND
		COMPANIES	SMILE
				SOLAN	MAGELLIUM
THE GENERALISTS		ACCENTURE, ARHS, ATOS, BULL, CAP GEMINI, CGI, ELCA, EUROPEAN DYNAMICS,
		EVERIS, FUJITSU, IBM, INTRASOFT, ORANGE, SERCO, SOPRA, SQLI, UNISYS, WIPRO

Sword Group - March 20		56

Competition | Software

THE	SPECIALISTS
THE	GENERALISTS

GRC

IP

ACUMEN RISK	EUROPEAN DYNAMICS
BWISE	JOUVE
RESOLVER	Local IT Companies
RISK DECISIONS	COMPUMARK
XACTIUM	(TRADEMARK VISION)

CURA, DNV EASY RISK, IBM OPENPAGES, METRICSTREAM, PROTIVITI,

RSA ARCHER, SAP, SCHLEUPEN AG, WOLTERS KLUWER

Sword Group - March 20		57