Transition Technologies MS (TTMS) is considering entering the main market of the Warsaw Stock Exchange, said President Sebastian Sokołowski. The company also thinks about acquisitions and monitors the market of foreign IT outsourcing companies.

"We are analyzing various options for further development. Entering the WSE is one of them," Sokołowski said.

At the end of last year prof. Konrad Świrski, president of the Transition Technologies group, informed ISBtech that the group plans to introduce one of its companies to the stock exchange.

TTMS operates on the global IT outsourcing market in dynamic sectors such as medical and pharmaceutical, industry, space and defense, and education.

"These industries accelerated the pace of development during the pandemic, and we are the beneficiary of their growth and we still want to strengthen our presence and diversify our sales to new market sectors. We observe an increased demand for our services, and the technologies we support related to digital transformation in the area of ​​sales and marketing. online, cloud computing, and information security," Sokołowski added.

He noted that TT MS has grown organically so far, and geographic diversification of business is very important. The company is present in seven locations on three continents: North America (USA: San Francisco and Tampa), Europe (Poland, Great Britain, Austria), Asia (Malaysia, Singapore). Transition Technologies MS has two subsidiaries: Transition Technologies Managed Services based in London and TTMS Software SDN based in Kuala Lumpur, Malaysia.

(ISBnews)