Tekla eyes 20% annual growth

Software vendor approaches near pre-crisis level targets

Risto Raty says that the firm’s profits were at a higher level than achieved before 2007.

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Tekla, the software vendor acquired earlier this year by global brand Trimble, has announced it has surpassed its target 20% growth for 2012 and expects to continue the trend into 2013 and 2014.

Speaking to Big Project Middle East during Big 5, executive vice president Risto Raty said the figures have taken the firm’s profits to a higher level than achieved before 2007.

“Trimble has said it is extremely pleased with how Tekla is performing and we are going higher than our target of 20% growth, for both the region and as a company.

“Any company growing at 20% is doing very well at this moment,” Raty added.

The concrete sector will be next on the vendor’s radar, as it reports that technology and software are massively under-utilised. Taking at stand at Middle East Concrete, which ran alongside Big 5, Tekla promoted a suite of products designed to help integrate supply chains between the concrete and steel industries.

“The big steel fabricators already use technology widely and well, but the concrete industry is the one where we really want to see advancement technology wise.”

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