June 15, 2017

Profit Software buys Evolvit Ltd

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.

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June 12, 2017

My interest towards math led me to software industry

“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.

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May 29, 2017

Profit Software attends IndustryForum Banking and Insurance event in Hämeenlinna

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

Acronyms of the day: GDPR and PLP

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.

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BY Anni Siitonen, Business Analyst at Profit Software

May 15, 2017

A quality internship creates the foundation for your future career

”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 have always enjoyed creating things

“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.

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April 3, 2017

Profit Software attends IndustryForum Banking and Insurance event in Stockholm

IndustryForum Banking and Insurance is held in Stockholm on the 4th and 5th of April.

The themes for this year’s discussions:

  • Aiming for efficiency – Automation and robotics
  • Competence transformation – Building the organization of tomorrow
  • Cyber security – Exploring the risks of digitalisation
  • Shifting the focus from products to the customer
  • Creating the value chain of the future

The event is organized by Management Events.

March 29, 2017

Profit Software reports solid growth in the fiscal year 2016

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

March 13, 2017

From electronical engineering to software design

“I ended up studying electronical engineering since there wasn’t any suitable options to study computer science. I finished my studies and decided to continue with software design since that had been my goal since high school. While studying I didn’t have a proper understanding of this field but working at the industry opened my eyes for all possibilities.

I have been at Profit Software a year and two months. I’m working as a Developer. My job includes software design: fixing code, making a new one, testing it etc. This work is multidimensional and there’s lot of different nuances. Basically I see that I have to make sure that the code I make works.

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February 22, 2017

In memoriam: Juha Saksi 1963-2017

We have lost a colleague and a friend.

Juha graduated from Helsinki University of Technology in 1988 and in 2004 he finished eMBA studies at the same university. Juha had a wide background in information security software in several different companies. His expertise, professionalism and input will be missed.

Juha came to Profit in 2010 together with some other management group members. At that time our direction was not too clear but slowly and steadily it started to brighten up. Juha’s role as Sales and Marketing lead has been crucial when accomplishing new customerships, projects and business cases.

Far more important than Juha’s achievements in business life is the fact that he was a husband, a father, a son, a brother, and a friend. His humor was timely and most of the time we could see a smiling colleague. During spare time we knew that he would head towards golf courses and in winter time he used to go skiing.

Juha’s death came as a surprise to us. We hoped that the given treatment would help but this time the story did not end as hoped. Our deepest condolences to Juha’s family.

Juha, we miss you and you will always be a part of the Profit team.

 

In memory of Juha,

the whole Profit company

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