Eleco s strategy15 Aug 2022 15:18
I took a closer look at the eleco Group's portfolio of companies. If I'm completely honest, I can't see any plausible strategy: On the one hand, there are companies like Consultec and Powerproject in the portfolio, which offer special planning and software systems in the area of construction, but do not actually offer SaaS software. On the other hand, there are ICON and Shire, which offer SaaS software solutions in a niche market, but in my view do not bring great potential for strong growth. Furthermore, there is VEEUZE, which actually offers ecommerce solutions for manufacturers and retailers of building materials in the broadest sense. This company offers innovative products including AI modules in the area of room configuration. These solutions are also 100% SaaS-based solutions.
All in all, therefore, a belly store that does not reveal a clear strategy. In my view, many software solutions can only be sold in the respective countries that they are expert systems for certain trades. This means that, with the exception of VEEUZE/Powerproject, no solutions are really scalable worldwide.