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Press Release

Global eProcurement provider SynerTrade managed to keep up its fast growth trend in the first 6 months of 2017. With a total worlwide revenue increase of 39% over the same period of the previous year, peaking in the D/A/CH region at a spectacular 63%, the group’s expansive strategy continued to pay off.

SynerTrade had already set new benchmarks in the first quarter with a stunning 33% growth, benefitting from the successful opening of new subsidiaries and continuous hiring of highly qualified experts, fueled by parent group Econocom’s investments. Moreover, the numerous innovations and continuous improvements in usability and features helped expanding the brand awareness and recognition of SynerTrade’s eProcurement solution Accelerate. Disruptive market trends like Bots and Artificial Intelligence have been successfully implemented and are steadily being improved and refined, adding to the unique set of possibilities that the app-based solution provides.

 

“Our latest figures confirm the effectivity of the measures we have implemented throughout the last months”, says SynerTrade CEO and founder Eberhard Aust. “With our new offices in Rome, Minneapolis, Montreal and the scheduled opening of a San Diego subsidiary, SynerTrade’s focus on being close to the clients shows, enabling them to stand out both within their organization and their respective industry branches, with the help of the innovativeness, versatility and steadiness of our best-in-class solutions. “

SynerTrade managed to acquire 25 new customers in the first half year, including a major automotive manufacturer, five 1st and 2nd tier automotive suppliers, Medical Device manufacturers, service companies as well as the first clients in the United Arab Emirates.