August 29, 2017
Profit Software has for some time now worked on increasing presence in Sweden. It’s our pleasure to inform that we have established an office at Vasagatan 16, Stockholm.
-We’re actively seeking for opportunities to grow the business. The market in Sweden is positive and there’s a need for those services and products we provide, tells CEO Ilkka Starck.
Currently Profit Software has three employees in Sweden but aim is to increase the workforce and we’ll start to recruit more employees to Stockholm office within a short time.
August 21, 2017
Profit Software announces a new version of Profit Life&Pension. PLP 4.0 is our most significant product renewal in years and enhances productiveness greatly in life and pension insurance production. Advanced conversion tools enable smooth conversion from old systems into PLP regardless of the possible antiquity or complexity of the insurance products.
June 15, 2017
Profit Software Ltd has bought Finnish Evolvit Ltd. Acquisition strengthens Profit Software’s financial expertise in the IT sector.
Profit Software is dedicated to serving insurers with proven, state-of-the-art solutions. During the past few years the business has grown significantly with turnover reaching 11,8 million euros in 2016.
-We have for a while now wanted to broaden and strengthen our offering of products and services within the FinTech sector. This acquisition increases our expertise and will strengthen our growth, states Profit Software’s CEO Ilkka Starck.
June 12, 2017
“I never really planned to pursue a career in the IT industry. I just sort of ended up here, naturally. I studied math in the University of Helsinki. Math had always been my favorite subject at school; I did fairly well in math class and always had the motivation to work hard for my math grades. So, after high school it seemed like a logical choice to pursue a career in math and continue studying it at university level.
I began studying programming only in the last few years of my studies. I was trying to figure out what I would do after graduation: where would my math studies lead me? Programming seemed like rational addition to my math degree, because it would open many new doors for me. My major was insurance and finance math, and combining those two, insurance math and programming, basically led me here, at Profit Software.
May 29, 2017
One of the biggest events of the Finnish finance sector, IndustryForum, is held during 31st of May and 1st of June in Vanajanlinna. Like previous years, Profit Software attends the event. Read more
May 22, 2017
Big data has been a buzz word of the IT world for some years already. With increasing computing efficiency data is turning into a big business. We all generate data to various actors just by living, consuming, transporting. As more and more data is being collected, cyber security threats are real risks and taken seriously by serious operators. EU including.
May 15, 2017
”My journey in the software industry has not been completely straightforward. As a child I enjoyed playing computer games but the real passion for IT caught fire later in life. During high school I pondered my career options and information technology seemed like a natural and safe choice. Read more
April 12, 2017
“I became interested in software development already as a child and started to practice my skills. I have always enjoyed creating things and thought that developing software and games might be fun. I had no relatives or other connections with IT background, so I had to rely on my own knowledge and abilities. This was certainly not easy, but as time went by my skills got better. Couple of years before beginning my studies at Tallinn University of Technology I made the final decision that I want to be a developer.
April 3, 2017
IndustryForum Banking and Insurance is held in Stockholm on the 4th and 5th of April.
The themes for this year’s discussions:
The event is organized by Management Events.
March 29, 2017
Profit Software’s financial statement for fiscal year 2016 has been confirmed. Revenue was 11,8 million euros and grew with 9%, compared to the previous year (10,8M EUR in 2015). Besides the growth Profit Software reported a good business profit.
-The work to solidify our position in the Nordics is still ongoing. To support this, we will broaden our offering of products and services into the wider segments within the financial sector, states CEO Ilkka Starck.
Headcount has increased from 105 (2015) to 112. Profit’s outlook for the year 2017 is positive, we expect to continue the growth and maintain the profitable operation.
For further information please contact:
Profit Software, CEO Ilkka Starck, Phone. +358 40 760 0074