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AUMS are dedicated IT solutions that provide comprehensive services for the energy sector. Thanks to them, companies can develop new products, customize their approach to customers and respond flexibly to market changes, thus gaining a competitive advantage, said Paweł Piwowar, Vice President of the Management Board of Asseco Poland.

Full account of the event

The event was opened by Minister of Entrepreneurship and Technology Jadwiga Emilewicz. After the presentation of the Report's results, a debate was held with the participation of the representatives of PAIiH, Polityka Insight, Polpharma and Asseco.

For Asseco, being a national champion means not only acting for the development of the company, but also for the benefit of its employees (...) Poland is increasingly more often treated as a country of IT specialists, rather than plumbers. This is the image of our country we want to build, said Artur Wiza, Vice President of the Management Board of Asseco Poland.

Polityka Insight is a knowledge platform for business leaders, policy makers and diplomats. It has been operating for over four years and publishes daily analytical services (PI Premium, PI Finance and PI Energy) and prepares reports.

Downloadable report

* Figures for 2016 on business activity of Polish capital groups employing at least 100 people, with revenues exceeding PLN 1 billion, were used for calculations.

In order to obtain a positive opinion, Asseco had to pass a number of scenarios in a dedicated test environment, which was made available by CSIOZ during the "Projectathon e-Recepty" workshop. The event was held on March 19-20, 2018. During the meeting, the correctness of communication between the P1 platform and service providers in all planned transactions was checked, as well as compliance of e-prescription documents and their implementation with the IHE Profiles: PRE and DIS, and HL7 CDA implemented in P1.

AMMS is ready to connect with the central prescription recording system in the P1 platform. It is to improve patient service, facilitate access to medical data and speed up the process of purchasing medicines, said Krzysztof Groyecki, Vice President of the Management Board of Asseco Poland.

The introduction of electronic prescriptions is intended, among other things, to eliminate the problem resulting from incorrect handwriting, to increase patient safety by reducing the possibility of dispensing wrong medicines, or to allow access to the history of prescriptions, so that the treatment process can be better coordinated.

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Asseco Poland is the largest Polish IT company listed on the Warsaw Stock Exchange (WSE). For 25 years it has been creating technologically advanced software for companies and institutions from key sectors of the economy. It is currently the largest IT company in Central Europe and the sixth-largest software producer in Europe. It is a leader in the market of IT solutions for the healthcare sector and a producer of proprietary IT solutions used by over 450 hospitals in Poland, the units of the National Health Fund, Blood Donation and Haemotherapy Centres, health resorts, as well as over 14,000 clinics and physicians' surgeries.

At their joint stand, Asseco and velcom will present an integrated and modern offer for a cloud platform enabling the management of energy meter data for utility sector customers in Belarus, in response to the current trend and market demand for Smart Metering solutions. They make it possible to monitor electricity consumption close to real time.

In order to implement this concept, it is necessary to have central IT systems for the exchange of measurement data. These include the AUMS MDM software offered by Asseco.

The joint offer results from the combination of Asseco's experience in developing measurement data management software with the strict security and scalability offered by velcom's cloud environment. They will enable remote reading of water, power and gas meters at customers' premises and their transfer to billing and analytical systems in a safe and orderly manner, said Jerzy Popowicz, the Director of the Business Development Division at Asseco Poland.

Already today we would like to invite you to visit the stands of Asseco and velcom.

Water&Heat trade fair website

Under the agreement that has been just signed, Asseco will provide services supporting the operation and maintenance of the Comprehensive IT System for the Social Insurance Institution (KSI ZUS) until March 1, 2019 at the latest, i.e. until a new contractor takes full care of the system. The existing agreement between the Social Insurance Institution (ZUS) and Asseco regarding the maintenance of KSI ZUS expires on March 26, 2018.

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Asseco Poland is the largest Polish IT company listed on the Warsaw Stock Exchange (WSE) and the sixth largest software producer in Europe. It is a leader of international Asseco Group, which operates in 54 countries and employs over 24,000 people. Asseco is the largest producer of software for the public sector in Poland. The company has built and implemented comprehensive systems for the Social Insurance Institution (ZUS), the Ministry of Interior and Administration, the Ministry of National Education, the Supreme Chamber of Control (NIK), the Central Statistical Office (GUS), the Agricultural Social Insurance Fund (KRUS), the Agricultural Property Agency (ARP) and the Institute of Meteorology and Water Management (IMiGW). In addition, Asseco has been a trusted partner for many years for the power, telecommunication and healthcare services sectors, as well as uniformed services and local governments.

In 2017, the Asseco Group generated PLN 7.8 billion in revenues, PLN 585 million in operating profit, and PLN 467 million in net profit. The sale of a chunk of a stake in Formula Systems had the greatest impact on the Asseco Group's financial results in 2017.

We decided to diversify our involvement and take some profits from our investment in Formula Systems, which enabled us to raise funds for further acquisitions. In 2010, we invested PLN 427 million in this company, and thanks to the sale of a chunk of our stake in the company and dividends received, we already gained more than we had invested. Today, we hold over 26% stake in Formula Systems worth PLN 570 million, and remain the largest shareholder in the company, said Adam Góral, President of the Management Board of Asseco Poland.

The impact of the sale of a chunk of our stake in Formula Systems brought additional profit in 2017, which, on the one hand, translated into a record high net result for the shareholders, amounting to PLN 467 million in total. This means an increase by as much as 55% compared to 2016. On the other hand, due to the lack of a consolidation of Formula Systems in August and September 2017, the results on the level of revenues and operating profit are respectively lower. If we had consolidated Formula Systems as before, then sales in 2017 would have been higher by almost PLN 800 million and would have reached PLN 8.7 billion, said Rafał Kozłowski, Vice President of the Management Board of Asseco Poland.

The intensive development of Asseco was driven primarily by its operations on the international markets, which generated 80% of the Group's sales revenues and 64% of operating profit.

2017 was a successful year for the Asseco Group. We generated nearly PLN 8 billion in revenues and PLN 585 million in operating profit. We developed dynamically in foreign markets, which generate as much as 80% of the Group's revenues. This is a good example of the fact that Asseco - established and managed by the Poles - has become a truly international company in recent years. In the previous year we carried out a number of important foreign projects, among others, in the banking, insurance, general business and energy sectors. We also continued our development through acquisitions of companies operating, among others, in the industrial, ERP and insurance sectors. In order to manage the Group's operations even more effectively in foreign markets and to simplify its organizational structure, we established Asseco International, said Adam Góral. Currently, our goal is long-term and stable development, which is why we focus on developing proprietary software and strengthening sectoral competences, which will allow us to further strengthen the Group's international position and build value for our shareholders, he added.

The sales of proprietary software plays a key role in the results of Asseco. The revenues from this source of activity reached PLN 6.2 billion and accounted for 80% of total sales. If they had been consolidated for the entire 12 months of the previous year, they would have amounted to almost PLN 7 billion, i.e. by 10% more than in 2016. The Group's operations are well diversified both geographically and sectorally. The general business sector has the largest share in our sales, accounting for 40% of the Group's total revenues, with the banking and finance sector accounting for 39% and the public administration sector for 21%.

For years we have been successfully implementing our foreign investment and exports strategy, as well as our geographical and sectoral diversification strategy. This allows us to build long-term, stable growth of the Asseco Group. For example, in the administration sector in Poland, despite some delicate symptoms of a rebound, stagnation continued in 2017. But today 80% of our revenues are generated outside Poland, and the domestic public sector accounts for only 4.4% of the Asseco Group's total revenues, added Adam Góral.

The Group's order backlog for 2018 totals PLN 5.5 billion at the revenues level, which is at the level of the order backlog presented in March 2017.Asseco Poland has been consistently building value for its shareholders and this year, too, the Management Board of the Company recommended a dividend payment.

Positive financial results of the Group and promising development prospects allowed us to recommend the payment of a high dividend again and to allocate PLN 250 million for this goal this year. For years, Asseco has been consistently sharing its achievements with its shareholders, and so far it has allocated over PLN 1.67 billion for dividend payments, said Adam Góral, President of the Management Board of Asseco Poland.

The amount of a dividend recommended by the Company's Management Board is equivalent to PLN 3.01 per Asseco Poland's share and translates into a dividend yield of 6.3% (as at March 15, 2017).