SmartCo Set to Expand in Europe and Double Revenues Next Year
Working Groups
PARIS-Enterprise data management (EDM) software vendor SmartCo is set to open more offices and seek external funding in 2008, officials tell Inside Reference Data.
The Paris-based company, which has seven clients in France, is expected to generate turnover of e3.1 million with a 30% margin on net revenues this year. In 2008, SmartCo aims to achieve half its turnover outside its home country and forecasts a 100% sales growth.
Tarek Chouman, director general at SmartCo, says the firm will focus on
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