Basic conditions for 2009 were everything but promising. Global Economy experienced its biggest recession in 60 years, many enterprises were fighting for survival or had to fail for bankruptcy, unemployment reached new peaks and private and public debt burdens sky rocketed. In the middle of this difficult environment Infinigate managed to grow the revenue for the Group by 16% on its existing business.
Most recent estimates on the development for IT-Security sales 2009 show stagnation for Western Europe. Infinigate Group outperformed the market significantly and increased its revenue during FY 2009 (01.04.2009 - 31.03.2010) by 16% to EUR 112 million. Net profit did increase above proportion and was nearly doubled compared to the respective period previous year. Since 2005 Infinigate is able to grow significantly above market average and to constantly gain market share. This trend remains unbroken even in a difficult economic environment as that of 2009.
One of the main success factors is Infinigate's exclusive focus on IT-Security, which is a main differentiator to the existing competition. Due to this stringent focus both vendors and customers can rely on finding in Infinigate a partner which knows their markets and needs. Another success factor is Infinigate's positioning as a TRUE VAD. Based on its extensive technical knowhow Infinigate adds various services to the product portfolio such as consulting services, trainings and extensive technical support to ensure a seamless integration of the products at end customer. Furthermore Infinigate actively supports its customer in identifying and wining new projects by generation of leads, planning and executing marketing activities and hands-on support during implementation phase.
2010 seems to become another challenging year. Building on its strong market position Infinigate is confident to further grow within existing markets. In addition Infinigate intends to further expand geographically.