Korem

Korem

July 12, 2016 07:57 ET

Korem: An IT Company Reached 90% of its Revenue in 6 Months

QUEBEC CITY, QUEBEC--(Marketwired - July 12, 2016) -

Editors Note: There is a photo associated with this press release.

Korem, a Quebec SME in business since 23 years, is in fine fettle! While the company had had its best financial year in 2015, it earned 90% of this revenue during the last semester. This is a big achievement for this company of more than sixty employees.

The secret of its success

The success of the company lies in its business model since Korem is both a reseller and an integrator of geospatial software and data. With this model, Korem's management was able to create partnerships with the biggest players in the geospatial industry, such as Google, Pitney Bowes, HERE and many others. Thus, Korem has managed to build a strong reputation in the United States and Canada. Korem's consulting service team is also an added-value that distinguishes it from its North American competitors and this is why so many renowned companies trust it.

According to Sébastien Vachon, President and founder of the company, "the geospatial market is mature and Korem's business strategy responds perfectly to the needs of the industry." He also claims that the visionary and innovative company can count on an expert team of outstanding quality as well as on its partners providing the best products in the industry to bring it to new heights.

Korem has several prestigious customers in North America, including Shell, Home Depot, Time Warner Cable, Loyalty One, AT&T and Frontier Communications.

Of course, such revenue growth generates a wave of recruitment within the company. Several positions have been opened in the last month. But, since Korem has partnerships and contracts with American companies as well as an office in the US, the new recruits must be bilingual. This is an additional challenge when hiring new talent.

About Korem

Korem is a reseller and an integrator of geospatial data and software. The company exists since 23 years and has more than sixty employees. It also has two offices: one in Quebec city and another in Denver, in the US. Korem's role is to help organizations optimize their decision making through geospatial solutions tailored to their needs, the expertise of its integration team and the strategic advices of its experts.

To view the photo associated with this press release, please visit the following link: http://www.marketwire.com/library/20160711-160711_Korem_Sebastien_Vachon_lrg.jpg

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