Walldorf, October 23, 2001. - REALTECH AG, the leading provider of technology consultancy, software solutions and the hosting of complex e-Business environments, has founded a 100% subsidiary with its head office in the Portuguese capital Lisbon. REALTECH supports companies in Portugal in the selection, implementation and operation of SAP applications. The range of services also includes the ERM product range theGuard! System Management Solutions, with which complex applications such as mySAP.com can be efficiently monitored and managed.
Many companies cannot meet the growing requirements for modern system management unaided. A number of individual components are used which must be exactly tailored to each other. Fault-free and efficient interaction of these components in particular presents IT managers with a huge challenge. REALTECH therefore expects an increase in demand for technical SAP consultancy in Portugal over the coming years. There are currently around 700 SAP R/3 installations on the Portuguese SAP market. Market entry is made possible by the fact that there is a great catch-up demand for services such as those offered by REALTECH.
REALTECH is therefore pursuing the same strategy that brought success in Spain in 1999. REALTECH Spain currently employs around 60 employees and now contributes 8% of consolidated sales, with a positive double-figure operating margin to boot.
