Transition Technologies PSC’s results in 2018

2018 for Transition Technologies PSC was filled with not only new implementations from the advanced technologies’ field, but mostly with strenghtening and extending current partnerships.

Since the really beginning of their operation (the fourth quarter of 2016), the copartnership has recorder dynamic increase in sales of their own products and services, while the forecasts for the increase in revenue in 2019 are equally promising.

After 2018, the company has the revenue of over 68 million, and this result is connected with a constant reinforcement of key competences in the fields of: Augmented Reality, Industrial Internet of Things, Atlassian (software for project management, service desk, knowledge management) as well as in R&D Augmentation, which means running centers dedicated to software development supporting our clients’ R&D activities.

In 2018, Transition Technologies hired 123 new employees, and 57 students completed summer internships program.

For the next year, the company is planning new challenges, implementations and projects. The goal is to maintain a dynamic growth in sales of services and products – a minimum increase of 20-25%, and revenue at the level of PLN 80 million.

“We are just facing significant decisions connected with opening Transition Technologies PSC’s offices in different parts of the world (the USA, Denmark, Germany, Taiwan). Foreign market is still our priority, although we also note advanced technologies’ development in Poland, and we also want to reinforce our business position here. That is why, at the beginning of the new year, we started activities connected with opening our new office in Poznań – Augmented Reality Competence Center.”- Szymon Bartkowiak, CEO at Transition Technologies PSC