Softline in partnership with Sri Lanka Telecom has launched a platform that allows users from South-East Asia subscribe to to value-added IT services. The platform has already benefited major Russian telecom operators, insurance companies and credit institutions who can now enjoy new ways to interact with their target audience and reach a greater number of consumers.

Experts at Standard& Poor's agency analyzed the financial performance of Softline and confirmed its credit rating at B with a stable outlook. Even with the global economy in dire straits, Softline is showing strong growth and quickly adapts to new challenges. Its continuous growth and solid financial position keep attracting investors.

In 2019 Softline Group’s turnover increased by 14.8% compared to 2018 to RUB 108.83 billion. The dollar turnover rose almost as much (by 13.2% to $1.54 billion).

Softline provided Vizor Labs, a major Russian developer of software for video analytics and computer vision, with Azure Health Checkup, a unique service for analyzing the status of cloud environment. The client received a complete assessment of the Azure infrastructure performance as well as a set of professional recommendations on its comprehensive optimization. The international Azure Expert Managed Service Provider (MSP) status awarded at the end of last year to Softline further confirms its expertise in using the broad range of Azure tools to meet customer needs.

Softline has completed the deployment on an integrated communications system for Yukon Advanced Optics, a global developer and supplier of optical equipment. This move to collaboration services based on Microsoft Office 365 means an excellent quality of communications, a lower workload on the IT infrastructure and appreciable savings for the customer.

Softline Trade JSC has successfully placed series 001Р-03 exchange-traded bonds in the amount of 1.35 billion rubles. The bond term is 2 years and 9 months and the coupon rate is 11%.

According to Softline experts, the emergency transition to working at home can boost the development of the cloud market and IT services market as a whole. In particular, the company forecasts that its annual cloud business growth plans will be overfulfilled by a high margin. The sale of collaboration software and remote access security solutions are also growing steadily.

Softline has successfully completed the deployment of a new hardware and software complex for a new datacenter at the Progress Rocket and Space Center.

Allsoft Ecommerce by Softline took 3rd place at ContactCenterWorld, an annual global competition among contact centers. Excellent customer experience was the key to victory.