DGAP-News: New major retail win in Latvia makes Columbus IT biggest in the Baltic Region

Columbus IT Partner A/S 

17.03.2011 11:34
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Columbus IT has entered into an agreement to deliver a business-critical ERP
solution to one of Latvia's biggest retail companies. The agreement comprises a
Columbus IT retail solution that enables the Latvian retail chain to control
its growing business and create more value on the bottom line. 

Ballerup, 2011-03-17 11:34 CET (GLOBE NEWSWIRE) --In close cooperation with
Microsoft, Columbus IT just secured a major order 
from one of Latvia's biggest retail chains. The agreement comprises the
delivery of Columbus IT's retail solution based on Microsoft Dynamics AX for
Retail, strategic planning and implementation, consultancy and standard
software. The new business solution will be delivered and implemented in all
the chain's stores in Latvia's capital city, Riga. 

'The agreement with the Latvian chain is particularly important for Columbus IT
because it makes us the leading supplier of business solutions for the retail
sector in Latvia and cements our close cooperation with Microsoft. I see great
growth opportunities in the industry and throughout the Baltic Region, where we
are represented. This excellent reference will help us achieve our goal of
becoming the global market leader in the retail sector,' says CEO Claus E.
Hansen, Columbus IT. 



Thorough research

The chain consists of seven very large stores in strategically important
locations in Latvia's capital city, Riga. The Latvian retail chain has grown
immensely in recent years and has developed into what are seen as
'hypermarkets'. With a wide range of goods from white goods and electronics to
fashion and sporting goods the company is based on a complex business model in
which management, efficiency and overview are vital parameters. 

'The Latvian company found itself in the exact same situation as thousands of
other large and smaller retail chains, which in recent years have experienced
new demands and expectations from owners, suppliers and customers. This
requires business systems that not only manage economy and the register systems
across store structures and locations, but also can manage account and customer
systems, storage systems and the chain's internal logistics. At the same time,
the solutions must be delivered quickly so that the company achieves fast ROI.
We can meet all of these demands with our retail solution and our global
consultancy business,' says CEO Claus E. Hansen, Columbus IT. 

The Latvian retail chain recently added two significant new areas of business.
The stores were equipped with food departments and the chain established an
extensive internet business. 

'We know that the chain was very thorough in its considerations when choosing a
solution and a supplier. But in the comparison with other systems such as those
from SAP, they chose Columbus IT. We demonstrated proven experience in solving
this type of task many times before and we could deliver significantly faster
ROI to the company than our competitors. Lastly, the fact that we are the
biggest player in the area and have a very close-knit cooperation with
Microsoft was a major factor in the company's decision,' says CEO Claus E.
Hansen, Columbus IT. 

The solution for the Latvian retail chain gathers ten smaller business systems
into a single system based on the retail solution and Microsoft's platform.
This business solution was developed specifically to facilitate cooperative
processes across companies and subdivisions, thereby creating competitive
advantages. The system will be implemented over the coming months. 


About Columbus IT

Columbus IT operates as a software and service company in the market for
integrated business solutions based on Microsoft Dynamics primarily to the
retail, food and industrial equipment manufacturing (IEM) industries. Columbus
IT is one of the leading Microsoft Dynamics consulting companies, employing
more than 1,000 staff operating in more than 25 countries and with a total
customer base of more than 5,000 companies. Read more at www.columbusit.com. 




         For more information, please contact:
         CEO Claus E. Hansen, Columbus IT
         E-mail:        ceh@dk.columbusit.com
         Mobile:        +45 29 69 06 66
News Source: NASDAQ OMX



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Language:     English
Company:      Columbus IT Partner A/S
              
               
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ISIN:         DK0010268366
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End of Announcement                             DGAP News-Service
 
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