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MarketScreener Homepage  >  Equities  >  Euronext Amsterdam  >  Ordina N.V.    ORDI   NL0000440584

ORDINA N.V.

(ORDI)
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ORDINA : finalist in European Software Excellence Awards with Open Source project

02/17/2012 | 05:35am EST

Nieuwegein,17 February 2012

A panel of judges from the European Software Excellence Awards has selected an Ordina Open Source project as a finalist in the Business Intelligence category. This project, conducted for a large Dutch municipality, consists of an integrated open source solution that collects financial and management information from a variety of different systems. This solution offers public officials complete insight into the progress, status of budgets and other management information of all large-scale projects running within the municipality. Ordina collaborated with JasperSoft, supplier of Open Source Business Intelligence solutions, on this project.

IT Europa organises the European Software Excellence Awards annually. The organisation uses the Awards to highlight the best solutions in the market. These solutions stand out because of their high degree of applicability within the client organisation or the unique cooperation between the supplier and the client or because the solution added such significant value to the client organisation. The awards are not intended for standard products.

 "With this innovative Open Source Business Intelligence solution, Ordina has demonstrated that it is possible to solve a client's highly complex problem in a relatively fast and inexpensive manner", according to John Chapman, Editorial Director at IT Europa.

"Successful implementations are not guaranteed by good technology alone, the level of cooperation between the client and the service provider is often definitive", says Roland Rine, Director of the Business Intelligence business unit at Ordina. "The choice for open source was very important to our client in this instance. Cost efficiency was another major consideration. With these two criteria in mind, we collaborated with JasperSoft to implement an open source solution that gives over 300 users a complete overview of the status of all large projects at a single glance. This improves the overall control of the municipality's large projects and ensures a faster and more effective way of working. We are proud of the fact that the judges from the European Software Excellence Awards have recognised the value added by our project by nominating it as a finalist in the Business Intelligence category."

The winners will be announced on the 1st of March at the European Software Excellence 2012 Awards Dinner, held at the Grand Hyatt in Berlin.

# # #

About Ordina
Ordina is a specialist knowledge provider. Our coherent offering of consulting, ICT and application outsourcing services helps lay the foundation for our clients' future success. Ordina assists clients in achieving their strategic targets, and resolving social and ethical issues. Our knowledge of the local market and business processes, combined with our inventive approach to ICT solutions, enables clients to boost their competitive ability and their strength. Our professionals, who work in multidisciplinary teams, forge close ties with clients. We provide our services in the Benelux to organisations operating in finance, the public sector, healthcare and industry. Ordina N.V. was incorporated in 1973. Its shares are listed on Amsterdam's Euronext Stock Exchange, where they are included in the Midkap Index.

For more information:
Ordina N.V.
Sabine Steen-Lakerveld, PR Manager
Tel: +31(0)30 663 7878
Sabine.Steen-Lakerveld@ordina.nl

www.ordina.com

17-2-2012 Press Release - Ordina finalist in European Software Exce...:
http://hugin.info/130778/R/1587056/497763.pdf



This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Ordina via Thomson Reuters ONE

HUG#1587056
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Financials
Sales 2020 370 M 450 M 450 M
Net income 2020 - - -
Net cash 2020 6,79 M 8,24 M 8,24 M
P/E ratio 2020 12,4x
Yield 2020 8,07%
Capitalization 277 M 336 M 337 M
EV / Sales 2020 0,73x
EV / Sales 2021 0,66x
Nbr of Employees 2 308
Free-Float 84,2%
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Average target price 3,00 €
Last Close Price 2,98 €
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Jo Maes Chief Executive Officer
Johan van Hall Chairman-Supervisory Board
Joyce van Donk-van Wijnen Chief Financial Officer
Caroline Princen Member-Supervisory Board
Thessa Menssen Member-Supervisory Board
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