Powerful Joint Forces with International Technology Group
August 1st, 2024
New paths opening up for PROMATIS
Business process innovator PROMATIS has recently announced that it has joined the International Technology Group B.V. (ITG), a partnership of Oracle service providers whose complementary portfolios are optimally interconnected. Supported by investor IceLake Capital, PROMATIS is thus benefiting from a stronger market position and the implementation of growth strategies in terms of international expansion. This global partnership positions PROMATIS for accelerated growth with global scalability and simultaneous diversification of services. For customers, the new organizational structure offers enormous advantages in terms of future security, innovative strength and, above all, in the Managed Services & Support division.
Seizing new opportunities and preserving the tried and tested was PROMATIS' intention in joining ITG, a holding company of Dutch financial investor IceLake Capital. The previous shareholders of the PROMATIS Group transferred their shares in the company to this internationally active holding company based in Amsterdam, thereby underlining the steady growth of the group of companies. Dr. Frank Schoenthaler, CEO of PROMATIS Group, and the entire executive management will continue to perform their functions in the coming years. Schoenthaler will also be a member of the Executive Committee of the holding company. In this respect, the continuity of PROMATIS' operations, including the organizational structure and all employees, is secured for the coming years.
In addition to innovative digitization expert PROMATIS, two other strong Oracle partners are united under ITG: Quistor and Project Partners. By bringing together three of the most important Oracle solution providers in the international environment, investor IceLake Capital has succeeded in creating a perfect alignment for this market segment. The strategic alliance also identifies and taps into extraordinary synergy potential. This launch into a new era of performance means an extended geographical reach, comprehensive expert know-how in modern business applications and bundled Oracle clout. This Oracle Competence Center of the new dimension is predestined to meet increasing customer requirements and form a leading IT platform. By joining forces, new capacities will be freed up, such as an advanced and outstanding 24/7 managed services offering for functional and technical support around the clock.
With its new size, PROMATIS is now armed with substantially enhanced capacities compared to previously, establishing a stronger stance that affects both its capability and financial power. Our customers benefit considerably from this, and it opens up completely new ways of establishing process innovations in the company.