https://sirma.com Artificial Intelligence across Enterprises Mon, 30 Apr 2018 15:02:44 +0000 en-US hourly 1 Banking and Fintech Fintechs have started initially as challengers and disruptors of payment services. Now, they are shaping the financial landscape, expanding to encompass all aspects of finance. 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IT Consulting Expert services for financial instituti Tue, 03 Dec 2024 17:29:06 +0200 https://sirma.com/services.html https://sirma.com/services.html Description Benefits Why work with us Related Services Tue, 20 Feb 2024 15:17:17 +0200 https://sirma.com/services/business-and-it-consulting-in-finance.html https://sirma.com/services/business-and-it-consulting-in-finance.html Description Features Business benefits Related Resources Mon, 19 Feb 2024 17:21:52 +0200 https://sirma.com/services/business-and-it-consulting-in-finance/business-consulting-in-finance.html https://sirma.com/services/business-and-it-consulting-in-finance/business-consulting-in-finance.html Description PSD2 consulting Why work with us Benefits Related Resources Mon, 19 Feb 2024 17:21:52 +0200 https://sirma.com/services/business-and-it-consulting-in-finance/it-consulting-and-integration.html https://sirma.com/services/business-and-it-consulting-in-finance/it-consulting-and-integration.html Description Why work with us Mon, 19 Feb 2024 17:21:52 +0200 https://sirma.com/services/business-and-it-consulting-in-finance/core-banking-systems-implementation.html https://sirma.com/services/business-and-it-consulting-in-finance/core-banking-systems-implementation.html Description Why work with us Business Benefits Consulting Implementation Optimization Related Resources Mon, 03 Aug 2020 11:19:16 +0300 https://sirma.com/services/business-and-it-consulting-in-finance/core-banking-systems-implementation/temenos-implementations.html https://sirma.com/services/business-and-it-consulting-in-finance/core-banking-systems-implementation/temenos-implementations.html Description Benefits Consulting Implementation Optimization Upgrade Related Resources Mon, 03 Aug 2020 11:19:16 +0300 https://sirma.com/services/business-and-it-consulting-in-finance/core-banking-systems-implementation/oracle-flexcube-implementations.html https://sirma.com/services/business-and-it-consulting-in-finance/core-banking-systems-implementation/oracle-flexcube-implementations.html Description Business Benefits Why work with us? 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Up2Seal Strong Customer Authentication (SCA) to reduce fraud and make online payments secure. 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Wed, 21 Feb 2024 15:02:02 +0200 https://sirma.com/products/oracle-database-appliance-oda.html https://sirma.com/products/oracle-database-appliance-oda.html window.location.replace('/company/about-sirma.html'); Mon, 25 Aug 2025 12:24:04 +0300 https://sirma.com/company.html https://sirma.com/company.html About Sirma Discovery and Innovations through Knowledge Technologies Who we are Vision & mission Key values Business benefits Tue, 31 Oct 2023 09:50:54 +0200 https://sirma.com/company/about.html https://sirma.com/company/about.html Contacts INQUIRE Discuss your next project with us Your Name Thu, 02 Dec 2021 09:56:01 +0200 https://sirma.com/company/contact.html https://sirma.com/company/contact.html Management BOARD OF DIRECTORS Tsvetan Alexiev Founder and CEO of Sirma Group Holding Wed, 27 Jul 2022 12:29:41 +0300 https://sirma.com/company/management.html https://sirma.com/company/management.html Awards YEAR AWARD COMPANY PRODUCT/PROJECT 2021 Winner of the U.S.-Paris Tech Challenge Against Disinformation and Propaganda Award Sirma AI Best App for Tracking Diabetes in 2021 Sirma Medical Diabetes:M Wed, 02 Feb 2022 14:52:43 +0200 https://sirma.com/company/awards.html https://sirma.com/company/awards.html Customers EMEA North America Bulgaria Agronow (Italy) 4Bio Adjibadem City Clinic Aidministrator (The Netherlands) Aagave Solutions Allianz Bank Bulgaria AIFB (Germany) Aventri (former etouches) Alpha Grisin Infotech AlphaBank Axiom Education Assarel-Medet JSC Alumil SA (Greece) Bank of America BG Service JSC Argos (Italy) Candid BNP Par Thu, 02 Dec 2021 09:56:01 +0200 https://sirma.com/company/customers.html https://sirma.com/company/customers.html Modern healthcare demands efficient communication, streamlined workflows, and improved patient engagement. Traditional methods often fall short, leading to delays, miscommunications, and fragmented patient care. Medrec:M, a comprehensive telehealth platform, offers a solution by leveraging technology to enhance patient-provider interactions, optimize operational efficiency, and improve overall healthcare delivery. Objectives Enhance Patient-Provider Communication – Facilitate seamless communi Thu, 30 Jan 2025 17:29:55 +0200 https://sirma.com/stories/use-case-enhancing-healthcare-delivery-with-medrec-m.html https://sirma.com/stories/use-case-enhancing-healthcare-delivery-with-medrec-m.html Successful implementation of Exadata Cloud@Customer X10M drives operational performance and elevates cost optimisation in a public organisation. Overview The Bulgarian National Health Insurance Fund (NHIF) oversees all national payments for healthcare services. It is a public organisation that plays a crucial role in the state’s infrastructure and operates under a compulsory health insurance model. The NHIF manages the information systems for nearly all healthcare services provided b Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/nhif-relies-on-oracle-technologies-to-secure-operations.html https://sirma.com/stories/nhif-relies-on-oracle-technologies-to-secure-operations.html Sirma’s Innovation Drives DMobile’s Multibanking Success by Empowering Digital Banking and delivering a seamless user experience. Overview D Commerce Bank is a dynamically developing Bulgarian bank that specialises in offering reliable and flexible individual solutions to its clients following the most modern business standards, technologies, and banking practices. As they navigated clients’ requirements, they saw the need to upgrade their mobile banking app with Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/sirmas-innovation-drives-dmobiles-multibanking-success.html https://sirma.com/stories/sirmas-innovation-drives-dmobiles-multibanking-success.html Project Name: INFORMATION SYSTEM E-BDZ-CARGO Overview BDZ—CARGO is a licensed railway transport operator working internationally and within the Republic of Bulgaria. The company holds the largest market share in the country and possesses the necessary resources, professional expertise, experience, and international connections to provide any type of railway transport services. It obtains significant traction and has a large rolling stock fleet. Since the end of 2014, BDZ-CARGO and all freight Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/sirma-digitizes-cargo-services-of-bulgarian-state-railway-company.html https://sirma.com/stories/sirma-digitizes-cargo-services-of-bulgarian-state-railway-company.html Overview This story is about a successful collaboration between the Sirma Solutions team and a well-established retail technology vendor* specialising in global gift card technologies across the UK, Europe, the Middle East, and North America. Its core services include innovative card solutions for retail and wholesale markets. The technology comprises off-the-shelf, self-managed platforms and fully customized solutions. This capability enables revenue growth and cost efficiencies across a gift Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/sirma-partners-with-global-technology-vendor-to-orchestrate-a-scalable-gift-card-platform.html https://sirma.com/stories/sirma-partners-with-global-technology-vendor-to-orchestrate-a-scalable-gift-card-platform.html Technology Collaboration of Sirma and Amira Meditech Project name: AMIRA Antimicrobial resistance (AMR) is a global rising threat. We are witnessing a massive scale of inappropriate prescribing of antibiotics (ABs) as a result of a lack of monitoring and control of prescriptions. Many economic factors affect pharma companies, and many of them are pulling their efforts away from the quest to find new antibiotic molecules due to expensive R&D processes, relatively small profits related t Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/tackling-the-global-threat-of-antibiotic-resistance.html https://sirma.com/stories/tackling-the-global-threat-of-antibiotic-resistance.html Sirma helps an innovative startup revolutionize urban mobility with breakthrough EV technology Overview Recent years have been challenging for businesses and people - we all live in times where the COVID pandemic came first, then the war in Ukraine, and all these events forced the oil crisis and inflation surge unseen by decades. The energy crisis and the world’s dependence on natural gas emphasized that the world, especially Europe, should move towards electrification based on renew Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/pioneering-sustainable-future-in-urban-transportation-with-new-ev-platform.html https://sirma.com/stories/pioneering-sustainable-future-in-urban-transportation-with-new-ev-platform.html Overview Panaton Software, part of Sirma Group, is a renowned software provider in the US market. The company is proud of its successful collaboration with forward-thinking businesses like the Automotive Industry Communication Platform. As a result of this technology partnership, innovative companies from the automotive industry are able to utilize the power of AI and revolutionize dealership business operations in the United States. After a year of hard work, we have helped the company to deve Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/revolutionizing-the-automotive-industry-with-cutting-edge-innovation.html https://sirma.com/stories/revolutionizing-the-automotive-industry-with-cutting-edge-innovation.html Overview The enhanced platform for unified commerce of ADA Mall has provided new advanced functions for its existing loyalty club, allowing all members to utilize accumulated points by generating vouchers or discounts. It also offers active engagement in direct communications via retailers’ digital channels. As part of the project was creating a promotional merchandise store, from which the loyal customers of ADA Mall’s tenants would select an item in exchange for accumulate Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/ada-mall-loyalty-club-drives-sales-increase-and-accelerates-customers-engagement.html https://sirma.com/stories/ada-mall-loyalty-club-drives-sales-increase-and-accelerates-customers-engagement.html Background One of the biggest banks* in Bulgaria in terms of assets, with a broad branch network and considerable client base, has implemented a wide range of modern alternative banking channels. The almost three decades of its successful business operations have positioned The Bank as a benchmark for innovation, shaping the country’s banking trends in recent years and creating award-winning products. The bank has decided to catch up with the growing trend of using sophisticated tool Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/big-retail-bank-gets-a-competitive-edge-with-conversational-ai.html https://sirma.com/stories/big-retail-bank-gets-a-competitive-edge-with-conversational-ai.html Why Oracle Database to Oracle Cloud project in NHIF was a Great Success? The Customer National Health Insurance Fund (NHIF) is the public sector entity in Bulgaria responsible for maintaining all national payments for healthcare services. Bulgaria has a compulsory model for health insurance, and practically all healthcare services provided by physicians, general practitioners, hospitals, pharmacies, etc., are managed by the critical information systems on NHIF. The same systems are also the so Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/successful-project-in-nhif-oracle-database-to-oracle-cloud.html https://sirma.com/stories/successful-project-in-nhif-oracle-database-to-oracle-cloud.html Team Augmentation for Most Productive and Fruitful Relationship to Create a Novel Mobile Application Overview A prominent Israeli start-up has won VC funding to create an innovative platform for predicting human behavior. The platform includes novel AI algorithms perfected over five years of research by psychologists and AI experts. It helps psychologists create multi-dimensional depictions of the user’s personality through behavioral models and feature engineering to assess personal Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/successful-collaboration-to-co-create-stunning-mobile-app.html https://sirma.com/stories/successful-collaboration-to-co-create-stunning-mobile-app.html Sirma Medical Systems announces partnership with Medical Centre (MC) “Dr. Kalchev”. The two companies signed a license agreement for the use of Medrec:M - Sirma Medical System’s flagship product for digital healthcare. Designed to address the urgent need for next-level healthcare management in the modern world, Medrec:M will allow the medical professionals to conduct virtual appointments with their patients, monitor their conditions remotely, keep track of medical documentation like lab results, Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/medrec-m-in-aid-of-assisted-reproduction.html https://sirma.com/stories/medrec-m-in-aid-of-assisted-reproduction.html The innovative unified commerce platform empowers retailers to orchestrate their sales channels. The pandemic reality we have been living in has forced all economic sectors and organizations to complete strategic moves for digital transformation in order to adapt to the new business environment. For some, these changes proved to be rather challenging, while others brought remarkable success. There is no doubt that e-commerce is among the winners due to the implemented government restrictions, Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/notos-bulgaria-launches-a-unified-commerce-platform.html https://sirma.com/stories/notos-bulgaria-launches-a-unified-commerce-platform.html A short story with an unexpected ending This project started as planned information systems modernization in one of the biggest banks of the Caribbean. Everything was organized, and the blueprints of project delivery and stages of deployment were carefully crafted until the global spread of the COVID-19 led to a turnaround to this masterplan. One team that had to carry out the on-site implementation of the core banking system. A squad, challenged by the pandemic, provoked to be resourceful and Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/remote-core-banking-system-upgrade-in-times-of-pandemic.html https://sirma.com/stories/remote-core-banking-system-upgrade-in-times-of-pandemic.html Sirma responds to COVID-19 with an innovative post-pandemic, managed return-to-work solution that combines collaborative employee self-certification and a controlled workplace access control system. iSelfCheck gives employees and employers a collaborative platform that enables a joint best effort to ensure a healthy workplace. As we cautiously make our way toward relaxing COVID-19 lockdowns, many of us are starting to tackle the issues around returning to the office. In the absence of a vaccin Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/sirma-responds-to-covid-19-with-an-innovative-post-pandemic-return-to-work-solution-iselfcheck.html https://sirma.com/stories/sirma-responds-to-covid-19-with-an-innovative-post-pandemic-return-to-work-solution-iselfcheck.html Is the post-pandemic recovery the best time to step up the technology implementation in healthcare? Everybody knows the internet has already transformed our lives. So did the COVID-19 pandemic. The global outbreak of the disease has affected almost every industry, business, and human activity. It is not only the way we communicate or stay in touch with family and friends. It has changed our shopping routine, the way we purchase goods and services, the way we work, our willingness to travel and Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/telemedicine-and-the-new-service-models-in-healthcare.html https://sirma.com/stories/telemedicine-and-the-new-service-models-in-healthcare.html Background KFC is a well-known brand in America that can boast a rich, decades-long history of success and innovation. The brand was looking for an update on its local website (Bulgaria), and they asked our experienced web developers to create a feature-rich, professional-looking website that meets KFC requirements. The Goal KFC already had an eCommerce website built on the Magento platform. However, the Magento shortcoming is the inability to streamline external sources of data into their Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/new-kfc-web-site-for-better-ux.html https://sirma.com/stories/new-kfc-web-site-for-better-ux.html Background Oasis Senior Advisors is a US company that offers housing assistance in finding a place for aging people. The management has made a strategic decision to modernize the existing IT services and infrastructure and to undertake migration to the Microsoft AZURE cloud platform. In general, when the business migrates to the cloud, the ultimate goal is saving time and money, increasing overall performance and revenues, along with scaling up its services if the demand for particular capacit Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/oasis-cloud-migration-to-ms-azure.html https://sirma.com/stories/oasis-cloud-migration-to-ms-azure.html Background Souperstar® is the successors to Fortune Food, a traditional Chinese brand known for its high-quality Singaporean snacks such as papaya or kueh pie tee. The brand was looking for a novelty approach among its loyal clientele. If there is an industry that lives and dies by repeat purchases, it’s the food and beverage business. So, loyalty has become the paramount goal for many service organizations, including food and beverage. The Goal Souperstar is a restaurant loyalty pr Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/souperstar-starts-redeeming-rewards.html https://sirma.com/stories/souperstar-starts-redeeming-rewards.html Background The International Centre for Asset Recovery (ICAR) is a specialized division of the Basel Institute on Governance, founded in 2006 as an independent body. Its main purpose is to help countries fight large scale financial crimes involving stolen assets from existing or former government members. The organization provides overall assistance, access to critical intelligence leads from public sources and training to local governments. The Goal To create a prototype of a sophisticated s Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/financial-crime-investigations-empowered-by-semantics.html https://sirma.com/stories/financial-crime-investigations-empowered-by-semantics.html Background Omnicar Insurance Broker is the broker of Omnicar Bulgaria – an official dealer for Dacia and Renault cars. The insurance broker is providing insurance services for leasing clients as well as standard insurance for vehicles, using several insurance companies throughout the whole country. The Challenge Omnicar Insurance Broker made a decision to expand its online presence and business towards its clients. The insurance broker needed a reliable solution to offer online MTPL insurance Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/omnicar-insurance-broker-goes-online.html https://sirma.com/stories/omnicar-insurance-broker-goes-online.html Background The insurance company Groupama is part of the French banking and insurance group Groupama Assurances Mutuelles. It has a rich portfolio of insurance products. It is successfully partnering with DSK Bank (the largest bank in the country) as well as with a wide network of insurance brokers, agents and travel agencies throughout the country. It has 500 000 clients in Bulgaria, 320 points of sale, 180 broker and agency partners. The Challenge Groupama Bulgaria, made a decision to expan Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/groupama-is-now-open-for-broker-business.html https://sirma.com/stories/groupama-is-now-open-for-broker-business.html Background Corporex Insurance Broker is founded in 2008 and operates in Bulgaria. Successfully partnering with insurance companies and providing several insurance products throughout the country. The Challenge Corporex insurance broker made a decision to expand its business, operations model and processes. The Insurance broker needed a modern, user-friendly software, with a wide range of functionalities. Corporex chose Sirma and its “Insurance Enterprise" platform to help in the expansio Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/corporex-is-set-for-growth-with.html https://sirma.com/stories/corporex-is-set-for-growth-with.html The "Company" is a well-recognized provider of highly performing games, slot machines, and gaming solutions. The "Company" has 20 years of history and installations in more than 50 jurisdictions, offices, and distributors in more than 15 countries, and a dedicated team of more than 1500 professionals. The Challenge Because of their widespread presence and services running in many different time zones, their IT systems run 24/7/365. Having their own private data center the Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/disaster-recovery-for-a-247365-top-leading-company.html https://sirma.com/stories/disaster-recovery-for-a-247365-top-leading-company.html Oasis Senior Advisor is a company that offers housing assistance in finding a place for aging people. At Oasis Senior Advisors®, they are committed to simplifying the process of selecting a senior housing community. They proudly offer free senior housing services for individuals across the country. For that purpose, they use their custom-developed software OasisIQ™ platform, which collects information about a person’s lifestyle, finances, and other factors in one personal account and then automa Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/oasis-team-augmentation-with-sirma-it-experts.html https://sirma.com/stories/oasis-team-augmentation-with-sirma-it-experts.html Two decades ago, the home Wi-Fi network security was not an issue of critical importance. Nowadays, as almost everything in our houses is connected, protecting private information and home IT infrastructure is a must. Smart homes with connected home appliances require from owners to consider how to prevent unauthorized access from intruders. The first steps are installing a firewall and security software to protect your home network from outside threats. Although it seems pretty obvious to do, Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/monitor-your-private-wi-fi-network-and-guard-your-home-against-an-outside-breach.html https://sirma.com/stories/monitor-your-private-wi-fi-network-and-guard-your-home-against-an-outside-breach.html Speedy is among the largest companies in the Bulgarian market of courier services with a market share of over 25,5%. The company was founded in 1998 and since then it continues its development. Speedy has more than 1400 employees and more than 1000 vehicles to serve the needs of the company. The Challenge Due to the nature and the size of its business, Speedy implements business-critical information systems to their daily activities. The carriers of the company are always mobile and need const Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/business-critical-information-systems-to-the-speedys-daily-activities.html https://sirma.com/stories/business-critical-information-systems-to-the-speedys-daily-activities.html Background: Sirma built the whole IT infrastructure of a top-class hospital in Panagyurishte, Bulgaria ("Uni Hospital") in 2015. This IT project was one of the largest in the healthcare sector for the past 25 years. The hospital offers facilities for medical diagnosis, patient treatment, and process management, supported by state-of-art software systems. The IT infrastructure of "Uni Hospital" serves and coordinates over 500 professionals and support staff that has access t Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/sirma-built-the-entire-it-infrastructure-of-uni-hospital-panagyurishte.html https://sirma.com/stories/sirma-built-the-entire-it-infrastructure-of-uni-hospital-panagyurishte.html TINQIN is a nearshore software company, specialized in the development of insurance software with offices in Bulgaria and France.  The Challenge From the very beginning of the company creation, the founders started the operations with a very clear idea of what kind of business opportunities they would explore and how company success depends on a good collaboration with a trusted cloud service partner. After detailed analyzes and researches, they chose Sirma Cloud and Infrastructure Services. O Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/successful-collaboration-with-a-reliable-it-partner-brings-thriving-business.html https://sirma.com/stories/successful-collaboration-with-a-reliable-it-partner-brings-thriving-business.html Conservation Space evolved from discussions at workshops organized by The Andrew W. Mellon Foundation and the National Art Gallery Washington, Metropolitan Museum and many others, that identified the need for a system for the conservation community. The Challenge A well-designed software system that would facilitate the work of conservation professionals by creating, storing and extending documents with robust metadata had been lacking in the profession.  Many institutions had adopted internal Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/conservation-space-for-national-gallery-of-art-washington.html https://sirma.com/stories/conservation-space-for-national-gallery-of-art-washington.html Background A team under the leadership of Boyan Zahariev, program director for governance and public policies at the Open Society Foundations researched the existing Universities’ ranking criteria used to evaluate the Bulgarian Tertiary Education institutions. Researchers were frustrated by their findings: unreliable surveys which used less objective factors like a university’s reputation, rather than more impartial measures as the quality of education and job prospects of g Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/ranking-system-of-bulgarian-universities.html https://sirma.com/stories/ranking-system-of-bulgarian-universities.html The Challenge The NCPRMP (National Council on Prices and Reimbursement of Medicinal Products) had the need of public e-portal where each citizen can check the legitimacy and the price of each medicine distributed on the Bulgarian medicine market. Also, each medicine distributor or producer had the need for fast and easy submission for application for a price, including or excluding of medicine from a positive medicine list, etc.   The Solution For the needs of NCPRMP, Sirma developed a well-d Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/web-register-for-ncprmp.html https://sirma.com/stories/web-register-for-ncprmp.html Government project designed specifically for the needs of the Bulgarian Municipalities. The Challenge Lack of e-government platform for administrative services for the citizens and need for the establishment of an integrated environment for better administrative teamwork for all Bulgarian municipalities and integrated administrative e-services for all Bulgarian citizens. The Solution Sirma was selected as a developer for the project that involves improvements and upgrades of the existing e-g Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/e-gov-cloud.html https://sirma.com/stories/e-gov-cloud.html Development, implementation and maintenance of a Grant Management System (‘GMS’) for Financial Management Office (FMO) in the framework of the management of the EEA and Norway Grants. Background  The EEA Grants and Norway Grants represent the contribution of Iceland, Liechtenstein and Norway to reducing economic and social disparities and to strengthening bilateral relations with 15 EU countries in Central and Southern Europe and the Baltics and the Financial Mechanism Office (FMO) is the Brus Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/grant-management-system-for-fmo.html https://sirma.com/stories/grant-management-system-for-fmo.html How LOYAX helped HAS Fast Food to: Introduce an Innovative Loyalty Program Increase Customer Visits Boost Sales Improve Overall Customer Experience The Challenge HAS is one of the leading fast-food restaurants in Serbia. The restaurant was looking for an innovative loyalty solution in order to increase customer loyalty, gain valuable customer insights and improve customer experience. Build A Loyal Customer Database LOYAX helped HAS Fast Food to launch a data-rich loyalty program, based on Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/has-fast-food-restaurant-loyalty-case-study.html https://sirma.com/stories/has-fast-food-restaurant-loyalty-case-study.html How LOYAX helped  Galleria Shopping Malls to: Implement a Tenant-independent Loyalty Program Increase Customer Footfall  Boost Sales Improve Overall Customer Experience The Challenge Galleria Shopping Malls are part of the GTC Group, one of the leading commercial real estate companies in Central, Eastern and Southern Europe. Since 1994, the Group has been developing high standard, modern office and retails properties through CEE region. GTC Group was acquired by Prime Kapital since 2017. Fo Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/galleria-loyalty-club-shopping-mall-case-study.html https://sirma.com/stories/galleria-loyalty-club-shopping-mall-case-study.html The Challenge Raiffeisenbank is one of the leading European universal banks, which has an extensive network of branches in Bulgaria. The bank offers banking services in all segments - corporate and investment banking, small and medium-sized enterprises, services for individuals. How Sirma has helped Raiffeisenbank Raiffeisenbank Bulgaria is the first bank in the country to launch its public account in Viber as part of its partnership with Viber and Sirma in Bulgaria. The users of the popular Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/raiffeisenbank-viber-chatbot.html https://sirma.com/stories/raiffeisenbank-viber-chatbot.html Project description Raiffeisen Bank is overcoming the limitations of its legacy software and boosts the efficient use of all new digital applications with a redesign of its front-end software system under the “customer transformation program”. Background One of the leading universal banks in Bulgaria and part of Raiffeisen International: Asset Size – over 7 billion BGN, number of customers 613 000, Loans 4.3 billion BGN, Deposits 5.3 billion BGN. The Challenge Raiffeisen Bank Bulgaria made Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/raiffeisen-bank-is-gaining-efficiency-with-new-front-end-system.html https://sirma.com/stories/raiffeisen-bank-is-gaining-efficiency-with-new-front-end-system.html Background Sirma has developed the first bank credit chatbot in Bulgaria - EVA (Electronic Virtual Assistant), which responds to customers in the popular Facebook Messenger application. EVA is online 24/7 to provide useful and structured information for various bank products such as consumer loans, credit cards, and debt consolidation programs. With the launch of Chatbot, Postbank is taking another step in implementing innovative financial solutions and services to make it as easy as possible f Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/eva-chatbot-for-postbank.html https://sirma.com/stories/eva-chatbot-for-postbank.html Background Novo Banco is the result of efforts to save the assets of the distressed Bank Espirito Santo, which was one of the leading banks in Portugal. Novo Banco is the third largest bank in Portugal, with about 1.3 million clients, and 21% of the loan market share in the country. The Challenge The efforts to rescue the assets of the distressed Bank Espirito Santo required the cutting of operational costs and increasing productivity. Novo Banco decided to achieve this by an upgrade and migr Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/novo-banco-migrates-to-efficiency.html https://sirma.com/stories/novo-banco-migrates-to-efficiency.html Background The Bank of the Bahamas is registered in 1970 and is one of the oldest financial institutions in the Bahamas. Nevertheless, the bank invests heavily in new technology and automation in order to support its banking transactions. The Challenge The challenges facing the Bank of the Bahamas (BOB) are best detailed by its Chairman, Mr. Wayne Aranha in his Remarks to the shareholders of the Bank in late 2018, who pointed out that strong market influences such as customer expectations, ch Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/the-bank-of-the-bahamas-reboots.html https://sirma.com/stories/the-bank-of-the-bahamas-reboots.html The Challenge METRO Cash & Carry Bulgaria is a wholesaler retail chain with a unique B2B format. Focused exclusively on professional SMEs (legal entities and independent entrepreneurs), the vendor distinguishes by its wide range and professional orientation of products and services. The Solution This year METRO Cash & Carry celebrates 20 years of presence in Bulgaria. Sirma has helped METRO to augment its marketing promotional activities with a gamification program, based on t Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/gamification-campaign-for-metro-cash-carry.html https://sirma.com/stories/gamification-campaign-for-metro-cash-carry.html The Background Sirma Automation is a workflow engine based on SEP, designed to eliminate manual entry when digitizing, indexing, and organizing files.  Recurring incoming documents are analyzed and automation is designed to extract key information from the document when scanned.  Once information is extracted, the document is indexed and filed in Sirma Enterprise Platform.  This eliminates human error and the need for manual entry saving employees time and mitigating risk for organizations.  Le Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/sep-for-sirma-automation-solution.html https://sirma.com/stories/sep-for-sirma-automation-solution.html The Background Sirma GoDigital is a semantic-driven document management solution based on Sirma Enterprise Platform that allows clients to effectively store, secure, manage, and share documents across every industry and vertical. Every document is identified by its business purpose, whether it is an invoice, employee agreement, vendor contract, etc. optimizing the organization of each department’s information. Let’s take a closer look at one client who has established paperless operations in th Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/sep-for-document-digitization-solution-sirma-godigital.html https://sirma.com/stories/sep-for-document-digitization-solution-sirma-godigital.html Named Top 20 Most Promising Contract Management Software of 2017 by CIO Review, Sirma Contracts (solution developed on Sirma Enterprise Platform) has the capability of simplifying the contract management process for a wide range of clients with specific business needs.  Whether they are commercial, rental, vendor, employee, or banking agreements (among many others), Sirma Contracts create a customized environment suited for its clients’ needs on an on-going basis. As the company needs evolve, Si Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/sep-for-contracts-management.html https://sirma.com/stories/sep-for-contracts-management.html Background One of the leading Banks in Bulgaria, as part of Allianz Bulgaria Holding including Pension fund, Insurance Companies, and Leasing. Asset Size – over 450Mil EUR, Number of branches – 126 locations, 95 branches, 31 offices, number of customers 175 000 (of which 25 000 corporate & 150 000 retail), number of accounts 250 000, Number of Loans 40 000, strong MM operations. The Challenge The Allianz Bank Bulgaria made a decision to modernize its business, operations model and pro Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/allianz-bank-achieves-its-new-image.html https://sirma.com/stories/allianz-bank-achieves-its-new-image.html Background One of the most prominent business and financial publishers in Europe is Euromoney Institutional Investor PLC. The enterprise comprises 84 different brands and business units, including the leading financial market titles Euromoney and Institutional Investor and more than 100 magazines, newsletters, and journals. The publisher has inherited a wide variety of media production, content management, and presentation systems with no ability to communicate between them. The Goal With mor Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/euromoney-streamlining-content-production-with-a-unified-semantic-publishing-platform.html https://sirma.com/stories/euromoney-streamlining-content-production-with-a-unified-semantic-publishing-platform.html Background One of the most critical tasks that a bank has to undertake is carrying out a thorough investigation of their potential customers. According to the Anti-Money Laundering laws, banks are obliged to apply robust legal procedures to prevent financial crimes and other fraudulent activities. To comply with these legislative regulations, the financial organizations perform internal procedures called KYC (Know Your Customer), which include comprehensive background checks for each new custo Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/semantic-technology-transforms-negative-news-monitoring-procedures.html https://sirma.com/stories/semantic-technology-transforms-negative-news-monitoring-procedures.html Background The UK Parliament is a symbol of the transparent law-making institution since the inception of Great Britain as a state. There are even some rules and traditions originating in the Middle Ages that are still used in official legislation today. As a part of its open policy and its role as a supreme representative body, the UK Parliament decided to include the general public in its activities and enhance the access to its published bills and documents archives in a more attractive and Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/semantic-technology-powers-the-uk-parliaments-data-services.html https://sirma.com/stories/semantic-technology-powers-the-uk-parliaments-data-services.html Background: The global media corporation BBC used semantic technology to streamline the distribution and management of its original content. Owing to this knowledge-based technology, the organization has taken on a novel approach to the creation, enrichment, and reuse of journalistic materials. The result was the development of a Dynamic Semantic Publishing Framework and consequently a Linked Data Platform, with the core technology of Sirma AI/Ontotext. The Challenge The BBC Future Media team Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/bbc-uses-semantic-technology-for-better-media-outreach-of-sports-events.html https://sirma.com/stories/bbc-uses-semantic-technology-for-better-media-outreach-of-sports-events.html Project description Mobile application helps diabetics cope better with their condition and improve their health. Background Diabetes is one of the most serious health problems in the world today. With nearly 10% of the population suffering from diabetes and billions of dollars spent on treatment each year, it is paramount to find solutions that help diabetics manage better. Improved therapy adherence, diet and insulin intake can dramatically change the person’s overall health, leading to a s Tue, 03 Dec 2024 17:29:07 +0200 https://sirma.com/stories/using-mobile-technology-to-improve-your-diabetes-management.html https://sirma.com/stories/using-mobile-technology-to-improve-your-diabetes-management.html The Role of AI in Optimizing Banking Operations: A Use Case by Sirma The world moves fast to the existing digital universe, as do the many traditional industries like the banking sector. However, as banks have existed for centuries, even now, they stand at a crossroads between transformation and tradition. This evolution, driven by technological advancements, places artificial intelligence (AI) at the forefront of enhancing operational efficiency and customer satisfaction. Sirma, a leader in I Mon, 16 Dec 2024 15:56:05 +0200 https://sirma.com/insights/the-role-of-ai-in-optimizing-banking-operations.html https://sirma.com/insights/the-role-of-ai-in-optimizing-banking-operations.html Download High-resolution PDF with links Tue, 05 Nov 2024 10:52:52 +0200 https://sirma.com/insights/how-to-achieve-360-degree-customer-experience-in-banking.html https://sirma.com/insights/how-to-achieve-360-degree-customer-experience-in-banking.html As Banking, Financial Services, and Insurance (BFSI) organizations increasingly use digital technologies, cybersecurity has become a critical business priority. Let’s outline the key aspects of cybersecurity in the BFSI sector and give practical advice for businesses and organisations to strengthen their defences. Sirma experts can help organisations address challenges and protect their business assets. The Importance of Cybersecurity in BFSI The BFSI sector is a prime target for cyberattacks Mon, 12 Aug 2024 14:05:05 +0300 https://sirma.com/insights/protecting-financial-services-the-vital-role-of-cybersecurity-in-bfsi.html https://sirma.com/insights/protecting-financial-services-the-vital-role-of-cybersecurity-in-bfsi.html Investor Meet is a podcast in which we present two of Sirma Group’s leading financial services and innovation experts who shared their experiences and business recommendations. Alexander Stanev(AS) is the CTO of the financial industry, and Merdihan Ismailov(MI) is the VP of Solutions and Products for Fintech Institutions. They discussed the hottest topics in the industry related to using Artificial Intelligence in banking services, open banking, embedded finance, the latest changes to Tue, 16 Jul 2024 16:41:56 +0300 https://sirma.com/insights/the-future-of-open-banking-embedded-finance-instant-payments.html https://sirma.com/insights/the-future-of-open-banking-embedded-finance-instant-payments.html Alexander Stanev, CTO of Finance at Sirma Group, will present Sirma Group on the upcoming Banking Today forum, organized by Investor Media Pro. In an interview with InvestorBG, he shares his vision regarding data monetization and the numerous opportunities data management brings to the banking industry. What is the primary driver of the financial industry’s digitalization, and what are the main reasons why most companies in Bulgaria still have a low level of digitalization? I&#82 Fri, 26 Apr 2024 15:08:14 +0300 https://sirma.com/insights/data-is-new-black-gold-in-banking-experts-talk.html https://sirma.com/insights/data-is-new-black-gold-in-banking-experts-talk.html Banks are on the cusp of a transformative shift as they increasingly turn to data and artificial intelligence (AI) to gain a competitive edge in the rapidly evolving financial industry. This strategic move isn’t just about adopting the latest technology; it’s a fundamental change permeating every aspect of banking, underscoring the potential for exponential growth and success that these technologies can bring. As customers become more tech-savvy and gain confidence in using Fri, 26 Apr 2024 15:08:14 +0300 https://sirma.com/insights/five-ways-to-achieve-banking-success-with-data-and-ai.html https://sirma.com/insights/five-ways-to-achieve-banking-success-with-data-and-ai.html In an era defined by technological advancements, the landscape of healthcare is undergoing a profound transformation. Integrating digital healthcare solutions has revolutionized patient care, offering unprecedented opportunities to enhance accessibility, efficiency, and effectiveness. These digital solutions are reshaping how healthcare is delivered and experienced, from AI-driven telemedicine platforms to innovative health management apps. In this article, we describe several key aspects of how Fri, 26 Apr 2024 15:08:14 +0300 https://sirma.com/insights/enhancing-patient-care-with-digital-healthcare-solutions.html https://sirma.com/insights/enhancing-patient-care-with-digital-healthcare-solutions.html Photo credits: ©Adobe Stock Financial inclusion means more than just having a bank account. It’s about creating an ecosystem that promotes using financial tools in daily life. Financial inclusion has emerged as a critical issue in an increasingly digital world, with millions of people still excluded from traditional banking systems. The unbanked and underbanked face numerous challenges, including limited access to financial services, lack of education, and inadequate identification d Fri, 26 Apr 2024 15:08:14 +0300 https://sirma.com/insights/inclusive-finance-harnessing-technology-to-reach-the-unbanked-and-underbanked.html https://sirma.com/insights/inclusive-finance-harnessing-technology-to-reach-the-unbanked-and-underbanked.html In the ever-evolving landscape of technology, businesses are continually seeking innovative ways to manage their IT needs. The global IT outsourcing sector is not just a trend; it’s a dynamic field adapting to the industry’s evolving demands. As we approach 2024, businesses must stay ahead by understanding and leveraging the latest trends in IT outsourcing. In this blog post, we will share our insights about the key outsourcing trends that are set to shape the IT landscape in Fri, 26 Apr 2024 15:08:14 +0300 https://sirma.com/insights/nine-strategic-insights-about-it-outsourcing-in-2024.html https://sirma.com/insights/nine-strategic-insights-about-it-outsourcing-in-2024.html The well-known statement that "software is king" is now obvious to everyone, whether they are in technology or not. Digitalization is now pervasive, and no area of our economy or society is untouched. The following trends, many of which are already visible, will accelerate in the coming year. Tsvetan Alexiev, CEO of Sirma Group Holding, predicts: "While in 2023 we witnessed the massive penetration of artificial intelligence into our lives, this year it will become much more perso Fri, 26 Apr 2024 15:08:14 +0300 https://sirma.com/insights/the-technology-trends-that-will-transform-our-lives-in-2024.html https://sirma.com/insights/the-technology-trends-that-will-transform-our-lives-in-2024.html What Happened in 2023 and a Glimpse into What’s Next in 2024 The financial technology (FinTech) sector has undergone a remarkable transformation in recent years, with artificial intelligence (AI) emerging as a driving force behind innovation. As we reflect on the developments of 2023 and peer into the future of 2024, it’s evident that AI is reshaping the financial services landscape. In this post, we’ll delve into the key areas where AI is making significant stride Fri, 26 Apr 2024 15:08:14 +0300 https://sirma.com/insights/riding-the-wave-current-innovations-and-future-prospects-of-ai.html https://sirma.com/insights/riding-the-wave-current-innovations-and-future-prospects-of-ai.html Trendspotting in Personalized Financial Services A rising trend is leaning towards minimizing customer involvement while maintaining complete transparency. Customers now expect timely and accessible information during the consumption process, a demand that poses both challenges and opportunities for the financial industry. The growing importance of handling the vast amounts of data generated in the consumption process points to the indispensable role of Machine Learning (ML) for event clusterin Fri, 26 Apr 2024 15:08:14 +0300 https://sirma.com/insights/fintech-virtual-assistants-evolution-next-level-personalization.html https://sirma.com/insights/fintech-virtual-assistants-evolution-next-level-personalization.html Fri, 26 Apr 2024 15:08:14 +0300 https://sirma.com/insights/unleash-the-power-of-embedded-finance.html https://sirma.com/insights/unleash-the-power-of-embedded-finance.html In the ever-evolving financial landscape, the convergence of Artificial Intelligence (AI) and banking has paved the way for a revolutionary concept: the AI Bank of Tomorrow. This visionary institution is powered by two formidable AI subsets—Generative AI (or GenAI) and Intuitive AI—working in harmony to redefine the very essence of banking. Further down, we will undress these two technologies and look at them in the prism of the banking industry. Revolutionizing Banking with Personalization, P Fri, 26 Apr 2024 15:08:14 +0300 https://sirma.com/insights/the-ai-bank-of-tomorrow-powered-by-generative-and-intuitive-ai.html https://sirma.com/insights/the-ai-bank-of-tomorrow-powered-by-generative-and-intuitive-ai.html Cloud-native development is a game-changing approach to building and deploying applications in today’s fast-paced digital landscape. It involves designing and developing applications specifically for cloud environments, taking full advantage of the cloud’s scalability, flexibility, and agility. Adopting these practices is essential for organizations to accelerate their software delivery, enhance application performance, and unlock the full potential of the cloud infrastructur Fri, 26 Apr 2024 15:08:14 +0300 https://sirma.com/insights/cloud-native-development-building-and-deploying-applications-in-the-cloud.html https://sirma.com/insights/cloud-native-development-building-and-deploying-applications-in-the-cloud.html This summer has been sweltering for Europeans and the leading financial bodies within the EU. The European Commission has proposed changes to the EU Payments Services Directive (PSD2) with the PSD3/PSR bundle, affecting third-party providers, banks, payment service providers (PSPs), and retailers. It’s important to note that on top of PSD3, a Payment Services Regulation (PSR) will implement the outlined changes. Payment Services Regulation (PSR) replaces a significant portion of PSD2 Fri, 26 Apr 2024 15:08:14 +0300 https://sirma.com/insights/catching-up-with-the-future-of-payments-psd2-to-psd3-evolution.html https://sirma.com/insights/catching-up-with-the-future-of-payments-psd2-to-psd3-evolution.html Do we know how to get the most out of both technologies? Robotic Process Automation (RPA) and Machine Learning (ML) are two innovative technologies that revolutionise how organisations work. The possibilities of RPA and ML are endless, and the potential for innovation and transformation is enormous. Industries like finance, healthcare, and retail are the best suited to implement them. However, many others can also benefit enormously from the utilization of these advanced technologies. For that Fri, 26 Apr 2024 15:08:14 +0300 https://sirma.com/insights/robotic-process-automation-and-machine-learning-the-new-arms-under-your-belt.html https://sirma.com/insights/robotic-process-automation-and-machine-learning-the-new-arms-under-your-belt.html Protecting Your Business and Digital Assets with Cloud Security Layers As businesses increasingly rely on cloud services, the importance of robust cloud security measures cannot be overstated. Understanding the layers of protection in cloud services is crucial for safeguarding sensitive data and ensuring a secure environment. Let’s explore the fundamental aspects of cloud security and the key layers of protection that cloud providers offer. Understanding the cloud security fundamentals helps b Fri, 26 Apr 2024 15:08:14 +0300 https://sirma.com/insights/safeguard-your-business-in-the-digital-era-with-cloud-security.html https://sirma.com/insights/safeguard-your-business-in-the-digital-era-with-cloud-security.html How Artificial Intelligence is Changing the Narrative in Fintech Artificial Intelligence (AI) has come a long way in recent years and is now even being used to automate many business decisions. How so? From identifying fraud in banking to determining insurance claims, AI is proving to be a valuable tool for businesses in various rather conservative industries. This post will discuss which decisions can be automated with AI and provide examples in banking, finance, fintech, and insurance. Additi Fri, 26 Apr 2024 15:08:14 +0300 https://sirma.com/insights/automating-business-decisions-with-ai.html https://sirma.com/insights/automating-business-decisions-with-ai.html The customer journey in the banking industry plays a crucial role in shaping the overall customer experience. Customers expect seamless and hassle-free interactions with their banks in today’s fast-paced and digitally-driven world. Simplifying the customer journey is a competitive advantage and a necessity for banks aiming to retain and attract customers. Why simplifying the customer journey is of utmost importance in the banking sector? When considering digital transformation within Fri, 26 Apr 2024 15:08:14 +0300 https://sirma.com/insights/the-importance-of-simplifying-the-customer-journey-in-banking.html https://sirma.com/insights/the-importance-of-simplifying-the-customer-journey-in-banking.html One of the most significant events - Money 20/20 in the financial sector in Europe, is behind us. Thousands of experts, professionals, technology visionaries and leaders exchanged ideas, shared insights and delivered their speeches to excited audiences. The discussions and presentations at the show centred on developing seamless solutions, preventing fraud in payment gateways, integrating digital payments, and exploring the fast-evolving AI landscape. It’s impressive to witness how th Fri, 26 Apr 2024 15:08:14 +0300 https://sirma.com/insights/fintech-advancements-drive-effortless-interactions-with-customers.html https://sirma.com/insights/fintech-advancements-drive-effortless-interactions-with-customers.html Download High-resolution PDF with links Mon, 04 Nov 2024 16:56:39 +0200 https://sirma.com/insights/the-challenging-opportunities-of-cloud-banking.html https://sirma.com/insights/the-challenging-opportunities-of-cloud-banking.html One of the most disruptive trends in payments - embedded banking, is transforming many industries as we know them today Building a recognizable brand is great, but some might say having a profitable strategy is better. Physical banks are strategically located in the eye, yet who goes shopping for financial services on a sunny day? Invisible banking might sound crazy at first; however, banks actually bridge customers’ needs with vendors without making them think about transactions. The evolutio Fri, 26 Apr 2024 15:08:14 +0300 https://sirma.com/insights/the-promising-future-of-invisible-banking.html https://sirma.com/insights/the-promising-future-of-invisible-banking.html Web 3.0 in Financial Services: Transforming a Buzzword into a Game-Changer for Banks The internet has come a long way since its inception in the late 20th century. From its early days as a simple way to share information, it has transformed into a powerful platform for communication, commerce, and community building. Today, we stand on the cusp of a new era in the evolution of the internet, one that promises to deliver a more decentralized, secure, and intelligent web – Web 3.0. The transition Fri, 26 Apr 2024 15:08:14 +0300 https://sirma.com/insights/web-3-0-in-financial-services-the-game-changer.html https://sirma.com/insights/web-3-0-in-financial-services-the-game-changer.html Technological advancements are critical in transforming companies‘ operations in today’s rapidly evolving business landscape. From Artificial Intelligence (AI) and Machine Learning (ML) to the Internet of Things (IoT) and Blockchain, the emergence of new technologies is disrupting traditional business models and creating new opportunities for growth and innovation. In this context, embracing these technologies is essential for companies looking to remain competitive in the global marke Fri, 26 Apr 2024 15:08:14 +0300 https://sirma.com/insights/embracing-the-future-technologies-today-to-find-success-tomorrow.html https://sirma.com/insights/embracing-the-future-technologies-today-to-find-success-tomorrow.html Momchill Zarev, CEO of Sirma Solutions, shares his take on the recently visited MWC 2023 event, as part of our C -level Managers’ series of insights. The new reality in payments reveals that enormous volumes of transactions are now embedded in various services and products in our daily lives. It seems such a critical activity has taken over a new dimension – payments are dissolving around us and becoming almost invisible. This is one of the most significant trends we saw at this year Fri, 26 Apr 2024 15:08:14 +0300 https://sirma.com/insights/the-future-of-payments-unveiled-at-mwc-barcelona.html https://sirma.com/insights/the-future-of-payments-unveiled-at-mwc-barcelona.html In a series of blog posts and interviews, we have started presenting the C-Level Managers in Sirma, who share their insights, thoughts, experience, and professional advice. Having built their careers at Sirma, these leaders are instrumental in implementing innovative technologies for the overall digital transformation of enterprises. Innovation is a crucial element of success in today’s fast-paced business environment. It is the process of creating new products, services, or processes Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/mastering-the-art-of-disciplined-innovation.html https://sirma.com/insights/mastering-the-art-of-disciplined-innovation.html Economists’ predictions for an upcoming recession from the summer of 2022 are slowly becoming a reality. Besides preparing for what is coming next, businesses are still challenged by the pandemic-related disruption and geopolitics while adjusting plans to the current talent shortages and developer costs. The uncertainty in recent years seems to be the new normal, and businesses must find ways to navigate it. To leverage every opportunity in times like this, it is essential to manage i Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/solving-business-challenges-with-strategic-it-outsourcing.html https://sirma.com/insights/solving-business-challenges-with-strategic-it-outsourcing.html AI-empowered features help banks create personalized offers and address the evolving needs of their customers Technology has become an essential part of our daily life in today’s fast-paced world. The banking industry is no exception, as banks are now turning to AI (Artificial Intelligence) to enhance the customer experience and improve their services. AI in banking can be used in various forms, such as chatbots, virtual assistants, and predictive analytics. However, one area that has Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/ai-in-banking-and-life-stages-meeting-the-evolving-needs-of-customers.html https://sirma.com/insights/ai-in-banking-and-life-stages-meeting-the-evolving-needs-of-customers.html Digital transformation prevails in every facet of our lives. Total digitalization may sound adventurous to centuries-old companies like banks and financial institutions where things look framed, but we see the overall transformation is underway. With the most successful initiatives such as online banking, digital onboarding, and many more, the digital-first approach seems highly desirable to clients; therefore, banks and other financial institutions proceeded to implement it. The technology agen Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/artificial-intelligence-and-fintech-a-pathway-to-success.html https://sirma.com/insights/artificial-intelligence-and-fintech-a-pathway-to-success.html In this article, we selected some answers by Momchill Zarev, Chief Commercial Officer at Sirma Solutions JSC, given in his interview for Investor.BG and during the panel discussion at Investor Finance Forum, the leading event for the financial industry in Bulgaria, held on November 4, 2022, at the Hyatt Regency Sofia Hotel, Vasil Levski Hall. The stock market boom of the last two years has given digital financial services a steady tailwind. Let’s name a few: myriad of shopping apps, s Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/digital-banks-will-dominate-financial-markets-in-the-next-decade.html https://sirma.com/insights/digital-banks-will-dominate-financial-markets-in-the-next-decade.html Four tech trends are going to reshape the banking industry The past decade and the new lifestyle imposed by the pandemic have forced banks and credit unions to keep pace with emerging technological changes and fintech disruptors. What’s more, digital products and services once considered innovative are now expected by customers and taken for granted, especially if you have to deal with millennials and impatient GenZ. The reality is that technologies considered "the future" Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/ai-and-machine-learning-to-lead-digital-transformation-in-banking.html https://sirma.com/insights/ai-and-machine-learning-to-lead-digital-transformation-in-banking.html Becoming future-ready means improving an organization’s capabilities to be competitive against current and future competition. With the future unknown, the ability to be future-ready implies an organization has made the adjustments needed to respond to the vast majority of potential future scenarios that may occur. More than ever before, being future-ready means that there has been a significant investment in data and analytics that will drive the innovation and digital transformation processes Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/leveraging-innovation-to-become-future-ready-bank.html https://sirma.com/insights/leveraging-innovation-to-become-future-ready-bank.html What is critical for banks to succeed when modernizing their legacy systems? 21st-century customers are demanding and expect their banks to provide innovative features and services that have long been standard for leading technology companies. But the reality is harsh - the existing core banking systems and applications have not been optimized to utilize the benefits of new technologies and easier application management. Furthermore, the operation and maintenance of these legacy systems are bec Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/modernizing-legacy-systems-banks.html https://sirma.com/insights/modernizing-legacy-systems-banks.html According to a recent report by Accenture, by rethinking their business models and embracing the innovative strategies of digital-only banking and financial services new entrants, banks could boost revenues by nearly 4% annually. Future of Banking Business Models | Accenture FinTech and banks are in a race for such innovations, and with the emergence of new technologies, traditional banking has to adapt to current trends. Fintech companies and startups are some of the biggest trendsetters Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/the-next-5-in-each-digital-banking-agenda.html https://sirma.com/insights/the-next-5-in-each-digital-banking-agenda.html Do you know that according to Juniper Research, 32% of the users are willing to leave their current bank or credit union for a better digital experience? Or that 74% of individuals prefer interacting with chatbots when looking for instant answers? These statements may be approved by everybody born in the Millennial generation. We no longer live in a world where you need to physically go somewhere for something that can be easily done from the comfort of your home. There is no doubt that AI soft Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/six-must-have-conversational-ai-chatbot-applications-in-banking.html https://sirma.com/insights/six-must-have-conversational-ai-chatbot-applications-in-banking.html We live in an increasingly connected and always-on culture. Chatbots, also known as virtual assistants, were developed to enable businesses to offer 24/7 support. They have been most prevalent in customer service environments where customer interactions are relatively standardised and predictable. In most cases, early chatbots are simple software programs that individuals use through a chat interface on a business website. They are easy to use and available whenever customers need them. Chatbo Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/how-conversational-ai-is-changing-the-face-of-chatbots.html https://sirma.com/insights/how-conversational-ai-is-changing-the-face-of-chatbots.html We know the old story of the battle between David and Goliath and its ending. History often amazes people with its repeating scenario when it comes to an understanding of the success of small companies that are eager to establish themselves as challengers and the business strategies they use to achieve such goals. The implementation of AI in financial services is an excellent example of how technology makes companies stronger and accelerates business growth. For almost a decade, AI was an expe Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/why-should-big-organisations-collaborate-with-smaller-software-vendors.html https://sirma.com/insights/why-should-big-organisations-collaborate-with-smaller-software-vendors.html Imagine a world where your financial advisor is a robot, and you receive the most critical advice on money management and communication with your bank. This is not a far-fetched idea because the technology for its realization is already existing. FinTech companies and digital banking solutions have heavily influenced the financial sector to provide exceptional customer experience with the help of software applications embedded with AI features. The conversational AI bot Melinda, created by Sir Mon, 05 Aug 2024 11:51:28 +0300 https://sirma.com/insights/melinda-adds-a-new-layer-of-intelligence-to-the-information-systems-of-banks.html https://sirma.com/insights/melinda-adds-a-new-layer-of-intelligence-to-the-information-systems-of-banks.html Chatbots with Artificial intelligence (AI) use machine learning to talk to people. The first AI bot was developed in the 1960s by Joseph Weizenbaum, a professor at the Massachusetts Institute of Technology (MIT). Today, chatbot technology is highly advanced, enabling the computer to analyze and understand what a person is asking. As a result, the bot facilitates interaction with people, understanding the context and meaning of words; bots can ask questions to create intent and help solve custome Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/10-steps-in-building-an-ai-chatbot.html https://sirma.com/insights/10-steps-in-building-an-ai-chatbot.html Background In today’s digitally obsessed world, retail banks struggle to keep pace in delivering a unique customer experience. Customers expect innovative digital banking that is available across channels and tailored to their immediate needs. Their demand for banking services to be as convenient for use as contactless payment, streaming services, and shopping, all of which are part of their daily routine. On the other hand, it won’t be in the banks’ nature to chan Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/give-your-bank-a-competitive-edge-with-intelligent-chatbot-use-case-for-banks-and-fintechs.html https://sirma.com/insights/give-your-bank-a-competitive-edge-with-intelligent-chatbot-use-case-for-banks-and-fintechs.html Our Chief Commercial Officer - Momchill Zarev shares his current experience with AI-based solutions, which are in high demand in the banking industry. Momchill Zarev has led Commercial Operations in Sirma Solutions JSC since 2020. We can realize the scale of digital transformations in the banking industry for the last two decades by a quick flashback. In the beginning, bank customers’ behavior and interaction with organizations were mainly in-person, with physical visits to a bank o Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/ai-applications-banks-must-have.html https://sirma.com/insights/ai-applications-banks-must-have.html The customer experience has been a focal topic in recent years, especially when it comes to digital finance. The Covid-19 pandemic has forced both bank customers and financial institutions to become more open to innovations in using financial services. Historically, banks were among the first adopters of digital services and specifically in customer service processes. A large part of the operations was digitalized – for instance, payments - cards, internet and mobile banking, etc. One of the mos Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/digital-wallet-for-business-growth.html https://sirma.com/insights/digital-wallet-for-business-growth.html Виртуална Дискусия Как технологиите трансформират бизнес моделите във финансовата индустрия Гледай сега Дата 15 Декември, 2020 Mon, 05 Aug 2024 12:57:08 +0300 https://sirma.com/insights/how-technologies-transform-fintech.html https://sirma.com/insights/how-technologies-transform-fintech.html Despite the COVID crisis, the IT sector is growing by 10%. There is a demand for more than 23,000 jobs. The Bulgarian Association of Software Companies (BASSCOM) announced the results of its annual report* Barometer 2020, which presents the state of the software sector in Bulgaria. The survey is prepared for BASCOM with the assistance of CBN Pannoff, Stoycheff & Co. and includes the responses of over 4,400 companies. It also provides a forecast for the period 2020-2024, based on the dat Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/bulgarian-software-industry-remains-strong-in-2020.html https://sirma.com/insights/bulgarian-software-industry-remains-strong-in-2020.html Download High resolution PDF with links Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/checklist-digital-bank.html https://sirma.com/insights/checklist-digital-bank.html Did COVID-19 catch the banks unprepared for the upcoming situation, and what are the critical actions for success. Over the past few months, banks across the world have faced unprecedented challenges due to the offensive of COVID-19. This experience has also been unparalleled in terms of learnings and accelerated the formulation and adoption of the new digital ways of operating in the ‘new normal’. We have asked two of our fintech experts – Fabrice Gouttebroze, Managing Dir Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/digital-transformation-in-banks-experts-talk.html https://sirma.com/insights/digital-transformation-in-banks-experts-talk.html Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/digital-customer-onboarding.html https://sirma.com/insights/digital-customer-onboarding.html The feature opens a discussion about the importance of customer loyalty for banks in the new pandemic reality, where digital financial services and cashless transactions have dominated, rather than traditional relationships. As the COVID-19 pandemic is still on our agenda we are witnessing significant changes in consumer habits and attitudes toward the traditional relationships with banks, which have been serving their customers for years. Now, there are many new issues to consider. Here comes Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/is-loyalty-important-in-banking.html https://sirma.com/insights/is-loyalty-important-in-banking.html As we all were lockout with the COVID pandemic threat, a significant shift in the customers’ habits was observed. People quickly adopted digital communication - work meetings, conferences, seminars, concerts, education, and different social events moved to online video communication. The restricted access to bank branches was also easily substituted with online or mobile banking usage, video chat with the financial institution, and this a trend confirmed by various market players. The Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/video-banking-short-lived-trend-or-critical-to-digital-transformation.html https://sirma.com/insights/video-banking-short-lived-trend-or-critical-to-digital-transformation.html Virtual Round Table Banking innovation in times of pandemic: "Mission Possible" Watch now Date 3 September, 2020 When Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/banking-innovation-in-times-of-pandemic-mission-possible.html https://sirma.com/insights/banking-innovation-in-times-of-pandemic-mission-possible.html New normal in payments and win-win strategy for everyone A global digital transformation in the financial market is underway. Changes are not limited to a specific market niche, technology, product or process. Digital disruptors are forcing financial services companies to accelerate digital transformation, and those unable to adapt may continue to exist formally but without the ability to compete in the market effectively. Regulations such as the Second Payment Services Directive (PSD2) are put Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/the-new-normal.html https://sirma.com/insights/the-new-normal.html Knowledge Graph-based Technology Enables Companies in the Financial Sector to Quickly and Efficiently Integrate and Analyze the Explosion of Disparate Data from Regulators We republish the article as seen on Global Banking and Finance Review web site. The editors have granted marketing and promotional rights for its distribution. Over the past decade, the advance of digital innovation combined with the growing number of regulatory guidelines in all jurisdictions has sped up the rise of Regulat Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/can-knowledge-graphs-help-untangle-the-regtech-data-management-puzzle.html https://sirma.com/insights/can-knowledge-graphs-help-untangle-the-regtech-data-management-puzzle.html It’s no exaggeration to say the Covid-19 pandemic is causing one of the biggest transformations the modern world has ever seen. This is true of how we live, work and, of course, how we do business together. While confusion reigns for many business owners, one thing is for certain: there’s no going back to the old ways. This is why, in this post, we wanted to highlight how cloud migration could potentially help your business transition to a new way of working and prepare for the future. We’ll se Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/how-cloud-migration-could-save-your-business-in-the-covid-19-age.html https://sirma.com/insights/how-cloud-migration-could-save-your-business-in-the-covid-19-age.html This article was featured on Global Banking And Finance Review and presents the opportunities that banks can embrace to gain numerous benefits from the digital payments in the new reality, where people and the coronavirus will coexist. We have been granted rights to promote the feature by the publisher. COVID-19 news continues to dominate the headlines, and realistically this will be the case for months to come. Officials with the World Health Organization (WHO) state that it has a perceived r Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/covid-19-opportunity-for-banks-to-skyrocket-electronic-payments.html https://sirma.com/insights/covid-19-opportunity-for-banks-to-skyrocket-electronic-payments.html This article was originally published on "Global Banking And Finance Review." The feature opens a discussion about the readiness of banks to embrace cashless strategies in a reality struck by the COVID-19 pandemic. It also shares some thoughts on how to overcome the harmful global impact on overall business and human lives. Almost every business and millions of individuals have been severely affected. Banks and Insurance companies also have been hit by the "corona crisis" and Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/go-cashless-covid-19-transition-to-a-cashless-society.html https://sirma.com/insights/go-cashless-covid-19-transition-to-a-cashless-society.html The business world’s appetite for cloud computing services shows no signs of slowing down. And those who made the switch don’t seem to look back either: a Forbes survey reported that 74% of CFOs believed cloud computing technology had the most measurable impact on their business But is cloud migration worth it for your own business? And what are some true facts and figures about the benefits of cloud computing? We’ve gathered all the answers below. 1. Cloud computing software is always up-to-d Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/cloud-migration-10-reasons-to-make-the-switch.html https://sirma.com/insights/cloud-migration-10-reasons-to-make-the-switch.html The world of finance has always been highly competitive. But as challenger banks and Fintech organizations have entered the landscape, this competition has increased. To keep ahead of competitors and maintain an impactful financial brand, the customer experience element has become a crucial differentiator. Now, the power of the customer journey is what separates the good from the exceptional customer experience (CX). Here, we provide some key tips on how to create amazing customer journeys that Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/5-tips-to-create-an-exceptional-customer-experience.html https://sirma.com/insights/5-tips-to-create-an-exceptional-customer-experience.html The impact of FinTech innovation on banking cannot be overstated. These agile start-ups have taken the fundamental concept and ethos of the financial transaction and turned it upside down and inside out. And so, new models of banking profitability have emerged that would never have seen the light of day without this disruption. These start-ups can operate on small budgets, and being fast-footed, bring ideas to market very quickly. According to a 2020 survey by ‘Finder’, around 4.5 million Briti Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/open-banking-for-a-new-banking-profitability-model.html https://sirma.com/insights/open-banking-for-a-new-banking-profitability-model.html Sirma specialist teams offer PSD2 consulting expertise to bring innovation to banking 2019 saw a monumental effort by banks to get PSD2 compliance in place. However, PSD2 is also about the facilitation of customer-centric, data-led, banking models using open banking. Open banking, as an initiative, is setting standards and creating mechanisms to digitize banking. By doing so, customer-focused banking makes digital banking reality and drives innovation in products and services. Open banking is Fri, 26 Apr 2024 15:08:15 +0300 https://sirma.com/insights/agile-collaboration-with-external-experts-to-speed-up-bank-innovation.html https://sirma.com/insights/agile-collaboration-with-external-experts-to-speed-up-bank-innovation.html The Bulgarian Association of Software Companies (BASSCOM) has presented its regular annual report on the state of the software sector in Bulgaria – BASSCOM Barometer. The key findings from this report indicate that 100% of software companies in the country have adopted artificial intelligence. The data for 2024 were presented to leaders of BASSCOM member companies and partner organisations at a special conference. Highlights from the BASCOM Barometer The software sector in Bulgaria is experien Wed, 18 Dec 2024 10:32:03 +0200 https://sirma.com/news/basscom-barometer-presented-the-state-of-the-software-sector-in-bulgaria-2024.html https://sirma.com/news/basscom-barometer-presented-the-state-of-the-software-sector-in-bulgaria-2024.html Sirma Group Holding JSC proudly earned its ESG rating from LSEG, marking a significant achievement in its commitment to sustainability and responsible business practices. Sirma is one of the first Bulgarian companies, alongside the Bulgarian Stock Exchange-Sofia AD, to receive an ESG rating from the London Stock Exchange Group(LSEG). Our commendable score of 51 points out of 100 places Sirma among the top 303 Software & IT Services Companies globally LSEG SGH Rating. Source: LSEG Th Thu, 21 Nov 2024 11:43:26 +0200 https://sirma.com/news/sirma-received-esg-rating-from-lseg.html https://sirma.com/news/sirma-received-esg-rating-from-lseg.html Sirma Group received a prestigious award for corporate sustainability at this year’s ESG Awards, organised by the Bulgarian Stock Exchange and PwC. On October 30, 2024, the official award ceremony for the ESG Awards 2024 took place at the Millennium Center in Sofia. For the first time in the competition, the Bulgarian Stock Exchange, a co-founder of the Centre for Sustainable Finance and Energy and one of the competition’s partners, presented a special prize. This award reco Fri, 01 Nov 2024 10:50:34 +0200 https://sirma.com/news/sirma-group-honoured-for-significant-contributions-to-esg.html https://sirma.com/news/sirma-group-honoured-for-significant-contributions-to-esg.html The latest edition of the Bulgarian University Ranking System (RSVU) for 2024 has been released. The new version includes a number of new features and improvements that provide valuable information for prospective students, parents and education professionals. This year’s ranking highlights the impact of higher education in Bulgaria, particularly how Master’s degrees can significantly improve graduates’ employment prospects and income levels. © Photo credits: Min Thu, 31 Oct 2024 11:08:39 +0200 https://sirma.com/news/bulgarian-university-rankings-2024.html https://sirma.com/news/bulgarian-university-rankings-2024.html We are pleased to share our interview with Kiril Vasilev, VP of Broker Solutions at Sirma Insurance. He discusses Sirma Broker Software’s latest successes and outlines the company’s plans for regional expansion. Welcome, Kiril. Congratulations on Sirma Broker Software’s recent achievements. Can you tell us about some of your latest accomplishments in the Bulgarian market? KV: Thank you! It’s been an exciting time for Sirma Broker Software. Recently, we Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/sirma-broker-software-new-wins-and-regional-expansion-plans.html https://sirma.com/news/sirma-broker-software-new-wins-and-regional-expansion-plans.html We are happy to celebrate the significant wins of two valued partners at Bulstrad Life Vienna Insurance Group and D Commerce Bank (D Bank) Bulstrad Life’s mobile insurance app (B-Assist) and D Bank’s banking management app (DMobile), developed in collaboration with Sirma’s team, secured five prestigious awards at the inaugural b2b Media NEXT DiFi Awards for Financial Innovations. The annual NEXT DiFi Awards strongly emphasised financial innovation for the first time. They spotlighted Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/sirmas-partners-take-top-honors-at-next-difi-awards.html https://sirma.com/news/sirmas-partners-take-top-honors-at-next-difi-awards.html Sofia, Bulgaria, October 23, 2024 – Sirma Group Holding JSC, a leading Bulgarian software group, today completed the purchase of a 51% stake in Romanian IT company Roweb Development SA after receiving the necessary regulatory approvals. With this acquisition, Roweb Development SA officially becomes part of Sirma Group. This strategic move strengthens Sirma Group’s regional presence and complements its existing portfolio of IT services. Roweb Development, a renowned software developmen Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/sirma-group-expands-into-romanian-market-with-acquisition-of-roweb-development.html https://sirma.com/news/sirma-group-expands-into-romanian-market-with-acquisition-of-roweb-development.html Interview with Julian Masliankov, VP of Insurance Services, who shares his vision about Sirma’s growth and elaborates on the opportunities that our consolidated teams offer to the insurance sector through the implementation and adoption of the leading No-Code/Low-Core CRM Creatio Welcome, Julian. Thank you for joining us. Let’s start with your background and your partnership with Creatio. JM: Thank you for having me! I bring over 25 years of experience in the insurance in Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/galloping-with-unicorn-opportunities-in-partnering-with-creatio.html https://sirma.com/news/galloping-with-unicorn-opportunities-in-partnering-with-creatio.html Sirma Group Holding: A New Era of Innovation and Growth Sofia, Bulgaria, October 8, 2024. Sirma Group Holding JSC, a leading technology provider, has successfully merged six subsidiaries into one entity. This strategic move marks a significant milestone in the company’s journey, consolidating its operations and strengthening its position in the global market. This merger consolidates the expertise of Sciant, Sirma Solutions, Sirma Business Consulting, Sirma CI, Sirma InsurTech, and H Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/we-are-all-now-sirma-group-holding.html https://sirma.com/news/we-are-all-now-sirma-group-holding.html The last weekend of September was filled with inspiration and collaboration. All Sirma team members and management contributed to the fantastic and joyful atmosphere during the annual team-building. The event was held in Starosel and provided the perfect setting for important news announcements regarding corporate consolidation and management’s strategic plans for the company’s development. Set against the picturesque backdrop of Sredna Gora, our teams from around the world g Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/synergy-is-key-for-sirmas-global-growth.html https://sirma.com/news/synergy-is-key-for-sirmas-global-growth.html Galina Koleva has been appointed as the Senior Vice President of Insurance. Her mission is to elevate Sirma Insurance Vertical, drive digital transformation in the insurance industry, and establish Sirma as a leading insurtech provider on a global scale. Bio: Galina Koleva joined Sirma Group recently as a Senior Vice President of the Insurance Vertical. With over 25 years of experience in the Insurance Industry leveraging innovative technology to create customer value, Galina brings a wealth of Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/galina-koleva-appointed-svp-of-insurance-strategic-move-for-sirma-insurance-vertical.html https://sirma.com/news/galina-koleva-appointed-svp-of-insurance-strategic-move-for-sirma-insurance-vertical.html The General shareholders’ meeting of Sirma on September 17, 2024, approved the merger of six subsidiaries into the parent company, signalling corporate consolidation. The minutes of the meeting have been published on x3news.com. The Financial Supervision Commission (FSC) also gave its approval for the restructuring in mid-July. The restructuring involves the following companies: Sirma CI EAD, Sirma Insurtech EAD, Sirma Solutions EAD, Sirma Business Consulting EAD, Sciant EAD, and HRM Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/shareholders-of-sirma-group-holding-give-green-light-of-corporate-consolidation.html https://sirma.com/news/shareholders-of-sirma-group-holding-give-green-light-of-corporate-consolidation.html Thanks to Sirma InsurTech, the leading No-Code CRM platform Creatio is now available in Bulgarian. We are excited to announce that the Creatio CRM platform is now fully available in Bulgarian! This significant development has been made possible through the dedicated efforts of Sirma InsurTech, part of Sirma Group companies - the first official Creatio partner in Bulgaria since 2020. As a pioneer in the Bulgarian market, Sirma InsurTech has been committed to supporting Creatio’s growt Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/creatio-crm-platform-now-available-in-bulgarian.html https://sirma.com/news/creatio-crm-platform-now-available-in-bulgarian.html The Digitalk 101 methodology ranks non-financial companies in Bulgaria’s information and communication technologies sector based on their 2023 revenue obtained from various sources, including unaudited company accounts. Here are a few highlights from the report that outlines the state of the Bulgarian ICT sector*. In 2023, the global IT sector faced challenges and showed mixed signals. While some experts warn of a slowdown in business and hiring growth for software companies, investme Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/bulgarian-ict-landscape-highlights-digitalk-101-ranking.html https://sirma.com/news/bulgarian-ict-landscape-highlights-digitalk-101-ranking.html On July 10, 2024, the Financial Supervision Committee (FSC) organised a conference about "Future challenges and expectations in the non-banking financial sector" at the Inter Expo Centre in Sofia. The event focused on the new revision of the OECD Principles of Corporate Governance and the upcoming implementation of the new MiCA and DORA regulations. The new version of the OECD Principles now includes Chapter VI on “Sustainability and Resilience” for companies. Stanislav Tanushev, th Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/sirma-continues-on-its-sustainable-development-journey.html https://sirma.com/news/sirma-continues-on-its-sustainable-development-journey.html Sirma Group Holding To Acquire the Majority Stake in Romanian IT company Roweb, Unlocking the Potential for Regional Expansion 21 June 2024, Sofia, Sirma Group Holding JSC, one of the largest software groups in Bulgaria, today announced that it has entered into a definitive agreement and signed a contract initiating the procedure for acquiring a majority stake (51%) in the software development house Roweb Development SRL, Romania. The company specialises in developing complex business applicati Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/sirma-group-holding-to-acquire-the-majority-stake-in-romanian-it-company-roweb.html https://sirma.com/news/sirma-group-holding-to-acquire-the-majority-stake-in-romanian-it-company-roweb.html S&G Technology Services offers a unique, purpose-built, proprietary software product - Cloud Architecture Roadmap (CAR), which provides a secure, well-informed, and comprehensive foundation for migrating to the cloud. Sofia, June 19-th 2024 – S&G Technology Services, the UK subsidiary of Sirma Group and an established provider of Temenos technology services, is proud to announce the availability of its Cloud Architecture Roadmap(CAR) solution on Temenos Exchange. This is a signi Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/sng-technology-services-now-available-on-temenos-exchange.html https://sirma.com/news/sng-technology-services-now-available-on-temenos-exchange.html EngView Systems, a company of Sirma Group, unveiled its latest solutions at Drupa 2024. Its software revolutionizes the packaging industry by combining innovation, sustainability, and user-friendliness. The company is a leading provider of packaging design and production software, and this year’s event strengthened its position and reputation as one of the most innovative software vendors in the world. Boriana Stoimenova, Head of Division at EngView Systems, shared, "Our booth f Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/engview-systems-presents-its-latest-packaging-software-at-drupa-2024.html https://sirma.com/news/engview-systems-presents-its-latest-packaging-software-at-drupa-2024.html In the face of global economic challenges, Sirma Group Holding (SGH) JSC remains steadfast in its commitment to growth, seizing the current crisis as a springboard for strategic acquisitions and international expansion. Strategic Milestones 2023 & H1 2024 The years 2023 and the first half of 2024 have been transformative for SGH, marking significant progress in our business strategy aimed at growth and global reach. This period is characterized by pivotal corporate restructuring and c Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/sirma-group-holding-capitalizing-on-challenges-for-strategic-growth.html https://sirma.com/news/sirma-group-holding-capitalizing-on-challenges-for-strategic-growth.html Drupa - the premier trade event for printing technologies, will take place in Düsseldorf from May 28 to June 7, 2024. This flagship event is returning after an 8-year break. EngView Systems, a Sirma Group company specializing in packaging software, will be presented with its own stand in Hall 7A, Booth C12. Thousands of professionals will gather at the venue to explore the latest trends and solutions for print and packaging, connect with peers, exchange ideas, and form new partnerships. EngVie Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/engview-systems-showcases-the-latest-technologies-in-the-packaging-software-at-drupa.html https://sirma.com/news/engview-systems-showcases-the-latest-technologies-in-the-packaging-software-at-drupa.html The global fintech community eagerly anticipates Money20/20 Europe, the leading industry event scheduled from June 4-6, 2024, at the RAI Amsterdam Convention Centre. Renowned as the "heartbeat of the fintech ecosystem", Money20/20 Europe is the nexus where industry leaders, innovators, and disruptors unite to shape the future of finance. This year’s theme, Human X Machine, compellingly explores the symbiotic relationship between human intelligence and machine learning, underscoring h Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/money2020-europe-2024-unveiling-the-future-of-financial-technology.html https://sirma.com/news/money2020-europe-2024-unveiling-the-future-of-financial-technology.html Two major technology-related forums were held in Bulgaria during the last week of April. Both events - Technovation and Banking Today, are significant gatherings of leading fintech companies, big names in the IT sector, representatives of the banking and financial world, and regulators in Bulgaria. Sirma, a key player in the IT industry, was represented by its leading financial senior leadership — Tsvetomir Doskov and Alexander Stanev — who contributed to the fruitful discussions as panellists a Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/technology-and-banking-communities-in-bulgaria-are-at-the-forefront-of-innovations.html https://sirma.com/news/technology-and-banking-communities-in-bulgaria-are-at-the-forefront-of-innovations.html The platform is now connected with NHIS and offers a fully-featured mobile app for doctors. Medrec:M Clinic is part of the Medrec:M telemedicine system, designed to offer a next-generation digital health management solution. It allows hospitals, clinics, and physicians to connect and communicate more effectively with existing and new patients. The healthcare industry is undergoing a digital transformation, and providers are continuously seeking ways to improve efficiency, reduce costs, and del Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/medrec-m-clinic-launched-new-features-and-mobile-app.html https://sirma.com/news/medrec-m-clinic-launched-new-features-and-mobile-app.html Interview with Tsvetan Alexiev, CEO of Sirma Group Holding Mr. Alexiev, we have entered 2024 with a large number of economic, geopolitical and demographic challenges. How do they impact Sirma’s business strategy and operational performance? In the second half of 2023, at Sirma, we started to feel the contraction of the IT business on a global level. It affected our US operations the most. We know that the wars, the economic turmoil and the high interest rates have negatively impacted Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/sirma-aims-high-with-plans-for-growth-and-structural-improvements.html https://sirma.com/news/sirma-aims-high-with-plans-for-growth-and-structural-improvements.html Photo credits© Adobe Stock Broadening corporate sustainability reporting to encompass societal and environmental impacts We share some reflections on Sirma’s commitment to sustainability presented by Stanislav Tanushev, Investor Relations Director, at Sirma Group Holding. Sirma has been prioritizing sustainability even before the term became globally recognized. The companies within the Group have been pioneers in adopting sustainable practices such as paperless work processes, remo Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/double-materiality-in-action-sirmas-data-center-leading-the-way-in-sustainability.html https://sirma.com/news/double-materiality-in-action-sirmas-data-center-leading-the-way-in-sustainability.html Sirma is excited to announce its partnership with Fimple, an innovative UK-based fintech. This partnership will lead to more competitive offerings for the Fimple clients, ensuring seamless project delivery and robust services. Sirma, as a well-positioned fintech enabler, is committed to providing excellent technology services, software implementations, delivery of new microservices and IT consulting. We are confident that our collaboration will set new industry standards as we embark on this jou Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/sirma-group-enters-a-strategic-partnership-with-fimple-uk.html https://sirma.com/news/sirma-group-enters-a-strategic-partnership-with-fimple-uk.html The ceremony Bulgarian "Academic Oscars" for 2023, held under the patronage of the newspaper "24 Hours", took place in Sofia on January 12, 2024, in the NV Tower. The honoured guests of the prominent event were Prime Minister Acad. Nikolay Denkov, Minister of Education and Science Prof. Dr. Galin Tsokov; Minister of Innovation and Growth Milena Stoicheva, The Mayor of Sofia, Vasil Terziev, representatives of Bulgarian Academy of Sciences, politicians, business and industrial Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/bulgarian-university-rankings-awarded-academic-oscars-for-2023.html https://sirma.com/news/bulgarian-university-rankings-awarded-academic-oscars-for-2023.html In this post, we will share how Sirma uses digital tools and platforms to advance healthcare and sustainability in medicine. Stanislav Tahushev, Investor Relations Director, talks about Sirma Group Holding’s ESG strategic initiatives in the field of digital healthcare. Technology and digitalization have significantly contributed to the advancement of healthcare. This progress has resulted in increased inclusivity, especially for patients in remote locations. It has also led to decreas Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/leveraging-sirmas-telemedical-it-solutions-to-advance-the-esg-agenda.html https://sirma.com/news/leveraging-sirmas-telemedical-it-solutions-to-advance-the-esg-agenda.html Sirma Group Holding is committed to promoting sustainability and has co-founded the Green Finance and Energy Center in Bulgaria with the Bulgarian Stock Exchange and the Bulgarian Independent Energy Exchange. The centre aims to develop policies, promote ESG practices, and lead public debate on sustainable finance and energy in the Balkan region. In this article, Stanislav Tahushev, Investor Relations Director, talks about Sirma Group Holding’s latest ESG initiative. As a leading provi Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/sirma-takes-strides-towards-a-greener-future-with-an-in-house-pvs.html https://sirma.com/news/sirma-takes-strides-towards-a-greener-future-with-an-in-house-pvs.html OECD Science and Technology Policy Committee organises a discussion on public support for business R&D and innovation Atanas Kiriakov, member of the Board of Directors of Sirma Group Holding and CEO of Sirma AI, traded as Ontotext, will participate in a discussion on innovation and R&D in Bulgaria with the OECD Science and Technology Policy Committee. The event will be hosted at the Ministry of Education and Science in Sofia, Bulgaria, on Dec 18-19, 2023. Atanas Kiriakov, a wel Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/empowering-innovation-ecosystems-and-public-support-to-boost-business-rd.html https://sirma.com/news/empowering-innovation-ecosystems-and-public-support-to-boost-business-rd.html We are pleased to announce that Sirma Solutions is a Platinum sponsor of the JS Talks conference this year. This is one of the highly anticipated annual conferences dedicated to all things JavaScript and is gearing up for its 2023 edition, promising an unparalleled experience for developers, tech enthusiasts, and industry professionals alike. The event is scheduled at the Sofia Tech Park on Friday and Saturday, November 17-18, 2023. On November 17, a workshop and streaming event will be held wit Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/sirma-solutions-supports-js-talks-2023-a-premier-javascript-event.html https://sirma.com/news/sirma-solutions-supports-js-talks-2023-a-premier-javascript-event.html Investor Finance Forum Unveils Trends and Strategies for Growth The upcoming 12th edition of Investor Finance Forum, the largest event for the region’s financial and investment community, will take place on November 7th at the Inter Expo Center, Vitosha Hall, Sofia. The event is organised by Investor Media Pro and will once again feature experts from the banking sector, capital markets and stock exchanges, the financial and fintech sectors, as well as regulators. The conference will Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/investor-finance-forum-welcomes-the-bulgarian-financial-community.html https://sirma.com/news/investor-finance-forum-welcomes-the-bulgarian-financial-community.html Sirma Solutions presents job opportunities to hundreds of professionals seeking careers in technology. The highly-anticipated HR event, Career Show 2023, is set to take place on October 5th and 6th, 2023. The event has been extended to two days due to high demand. The first day will consist of live meetings held at the Arena Armeec Hall, while on the second day, employers will conduct online meetings with over 4,000 pre-selected candidates. This forum has become a tradition for students and you Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/sirma-solutions-showcases-its-brand-and-job-opportunities-at-career-show-2023.html https://sirma.com/news/sirma-solutions-showcases-its-brand-and-job-opportunities-at-career-show-2023.html The company is now part of the Bulgarian Business Leaders Forum, sharing the organization’s mission to create a sustainable economy and a prosperous social environment On the 26th of September, a ceremony was held at Megapark in Sofia to present the new members of the Bulgarian Business Leaders Forum (BBLF). The event was attended by over 80 representatives from more than 70 companies. The new members of this prestigious community are 14 successful organisations from various sectors o Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/sirma-business-consulting-joined-the-bulgarian-business-leaders-forum.html https://sirma.com/news/sirma-business-consulting-joined-the-bulgarian-business-leaders-forum.html Sirma, in partnership with Innovation Capital, is looking to support the next AI, robotics and drone startups from Bulgaria and the Balkan region This year has been packed with news of breakthroughs in the world of technology. Artificial intelligence (AI) has been at the forefront of attention since the beginning and well into the scorching summer. Anything to do with large language models and generative AI attracted funding. The tech community’s efforts have been focused on rapid mar Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/season-two-of-sirma-venture-lab-is-now-open.html https://sirma.com/news/season-two-of-sirma-venture-lab-is-now-open.html In 2023, the company plans further revenue expansion, including organic growth and acquisitions The Bulgarian company Sirma Group Holding ranks eighth in revenue among technology companies in the country and has grown by over 25% to BGN 81.1 million. This position is shown from the Top 100 Technology Companies ranking, part of Capital’s annual report* "K100: The largest companies in Bulgaria". Sirma Group Holding is also the highest-ranked privately owned Bulgarian company. Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/sirma-group-holds-the-leading-position-in-revenues-among-bulgarian-software-companies.html https://sirma.com/news/sirma-group-holds-the-leading-position-in-revenues-among-bulgarian-software-companies.html Unleashing the Potential of Temenos Integrations The banking industry is embarking on a revolutionary journey where seamless connectivity and technology-driven solutions are becoming paramount for success. Among the frontrunners in this digital transformation is Temenos, a renowned provider of banking software solutions. As the financial landscape continues to evolve rapidly, the integration of Temenos with various banking systems has emerged as a key enabler for institutions seeking to stay co Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/upcoming-tech-talk-webinar.html https://sirma.com/news/upcoming-tech-talk-webinar.html Sirma Medical Systems and Diabetes:M App Featured in Google Play’s #WeArePlay Campaign We are thrilled to announce that Sirma Medical Systems, a subsidiary of Sirma Group Holding and the creator of the flagship mobile app, Diabetes:M, has been chosen as a featured highlight in Google Play’s #WeArePlay campaign. This recognition is a testament to the hard work and dedication of our team, as well as the app’s exceptional quality. Diabetes:M has helped people all around the wor Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/diabetes-m-application-featured-in-weareplay-campaign.html https://sirma.com/news/diabetes-m-application-featured-in-weareplay-campaign.html On June 13, Sirma Venture Lab (SVL), a joint initiative of Innovation Capital VC and Sirma Group Holding, hosted its first Demo Day for 2023. Two companies, which won the competition in 2022 and gained support from SVL, presented their ongoing projects’ progress - WHISP and AskTheCP. Guests at the event included the startups’ teams, potential channel partners and service providers, as well as prominent individuals from the community of investors, business angels and representatives fro Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/sirma-venture-lab-demo-day-2023.html https://sirma.com/news/sirma-venture-lab-demo-day-2023.html On June 15, 2023, the Regular Annual General Meeting of Shareholders of Sirma Group Holding JSC was held at Sirma’s HQ, in Sofia, by invitation of the Board of Directors, announced in the Commercial Register on May 12, 2023. Tsvetan Alexiev, CEO of SGH, presented a detailed report on the company’s activities, including financial achievements and future opportunities. Shareholders are given the opportunity to ask questions about the company’s plans and financial results and u Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/annual-general-meeting-of-sirma-shareholders.html https://sirma.com/news/annual-general-meeting-of-sirma-shareholders.html Money 2020 EU is a major financial conference which will take place from June 6th to 8th, 2023, in Amsterdam. As the most anticipated and influential event in Europe, it will demonstrate the cutting-edge developments shaping the future of finance. It brings together leading industry professionals, entrepreneurs, and innovators to explore the latest trends and advancements in the financial technology sector. The event’s primary goal is to provide a platform for networking, knowledge sha Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/sirma-showcases-its-expertise-and-technologies-at-money2020-eu.html https://sirma.com/news/sirma-showcases-its-expertise-and-technologies-at-money2020-eu.html The Group will distribute almost two million BGN as dividends to its shareholders The Board of Directors proposes to the General Meeting of Shareholders, which will be held on 15.06.2023, to distribute an additional dividend (after the already paid dividend for the first six months) for 2022. The proposal follows the Dividend Policy of Sirma Group Holding AD announced last year. The total amount of proposals for new dividend distribution is BGN 1,960,317.90. Taking into account the repurchased Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/sirma-group-holding-will-pay-dividends-for-2022.html https://sirma.com/news/sirma-group-holding-will-pay-dividends-for-2022.html Sirma Solutions, a subsidiary of Sirma Group, has launched operations in Stockholm, Sweden, as part of its expansion strategy, driven by a growing customer base in Northern Europe. The new entity - Sirma AB, is based in Stockholm, Sweden. The company’s commercial focus will be on the Nordic markets and the BENELUX and DACH regions. The company will offer the full suite of products and services that Sirma Group Holding provides. Sirma AB will be led by a local manager and team tasked w Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/sirma-group-to-enter-northern-europe-markets.html https://sirma.com/news/sirma-group-to-enter-northern-europe-markets.html Interview with Mr Tsvetan Alexiev, CEO of Sirma Group Holding Mr Alexiev, it has been over a year since the company Sciant joined Sirma Group Holding. From the distance of time, how do you assess this acquisition? The acquisition of Sciant was successful for Sirma Group. In fact, by acquiring the company, we got more than we expected before the deal. The company’s positioning is very good - with an excellent reputation, business, and global market reach. Sciant operates in two main verticals Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/sirma-group-holding-fully-acquired-sciant.html https://sirma.com/news/sirma-group-holding-fully-acquired-sciant.html Hard work is upon us all! Sirma is heading toward expanding its target markets by increasing the company’s product portfolio, which means: developers’ teams’ headcount growth. With New Year’s resolutions behind us and the routine of projects already keeping us busy, we would like to share the plans of our C-level managers regarding attracting new additions to our Dev teams. We asked Tihomir Totev, CTO of Sirma Solutions, and Tsvetan Alexiev, CEO of Sirma Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/sirma-solutions-plans-to-hire-over-100-employees-in-2023.html https://sirma.com/news/sirma-solutions-plans-to-hire-over-100-employees-in-2023.html The annual investment research of Wood & Co has assessed Sirma’s market position amidst a slowdown in IT in its investment report On November 3, 2022, Wood and Co. published its regular equity research on Sirma Group Holding JSC. The report is carried out by the Research Coverage Program, supported by the EBRD and the Bulgarian Stock Exchange – Sofia. The investment bank Wood & Co researches a limited number of public companies in Eastern Europe under the "Resear Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/new-equity-research-of-wood-co-evaluates-investment-potential-of-sirma.html https://sirma.com/news/new-equity-research-of-wood-co-evaluates-investment-potential-of-sirma.html The questions were put to the Chief Executive Officer of Sirma Group Holding JSC – Tsvetan Alexiev. Mr. Alexiev, Sirma Group Holding (SGH) has just published its consolidated financial reports for Q3 2022. The deal for selling the majority stake in Sirma AI(SAI)was finalized in the third quarter. We were all surprised to see a consolidated loss for the period. What is the cause of this loss? Yes, we are certain that this will be the most asked question in the coming days. Already at the annua Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/the-it-market-in-crisis-or-the-remedy-for-all-remaining-sectors.html https://sirma.com/news/the-it-market-in-crisis-or-the-remedy-for-all-remaining-sectors.html This weekend Sirma’s team planted their first forest of beech trees. The initiative was supported by more than 50 employees. All of them were rolling up their sleeves and skipped the weekend family commitments, because the new good cause was calling them. They headed to the outskirts of the capital Sofia to plant 500 beech trees. The trees have been given as a present by the newest member of the Sirma Group family - Sirma Insurtech, regarding the 30th anniversary of Sirma Group. The Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/sirma-go-green.html https://sirma.com/news/sirma-go-green.html Investor Finance Forum (IFF) is the annual meeting of the investment community in Bulgaria that addresses the entire spectrum of challenges capital markets, businesses, and public companies face. Sirma is committed to supporting such seminal events, helping technological modernization, and providing an opportunity for leaders and experts from the financial industry to share their experiences, make business contacts, and discuss best practices and strategies in the sector. The event will be held Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/sirma-supports-investor-finance-forum-2022.html https://sirma.com/news/sirma-supports-investor-finance-forum-2022.html On 18.10.2022, Sciant AD - a subsidiary of Sirma Group Holding AD, acquired its foreign partner - the company ReSolutions Shpk, registered in Albania. The transaction is expected to be entered into the Albanian Trade Register by 28.10.2022. The acquisition resulted from the initial strategic partnership between Sciant and ReSolutions, which started in July 2021. The Board of Directors of both companies - Sirma Group Holding AD and Sciant AD accounted for potential synergy between the experts fr Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/sciant-ad-acquires-the-albanian-it-company-resolutions.html https://sirma.com/news/sciant-ad-acquires-the-albanian-it-company-resolutions.html Sirma Group Holding AD plans to pay a six-month dividend to its shareholders The invitation for an extraordinary general shareholders meeting is scheduled to take place on November 11 in Sofia. The company plans to distribute to shareholders BGN 889,135.08 from the profit for H1 2022, which is BGN 998,372.2, or almost 90%. The dividend per share is BGN 0.015. Only persons registered in the Central Depository records with the right to a dividend as of the 14th day after the date of the general Mon, 28 Oct 2024 10:38:53 +0200 https://sirma.com/news/sirma-group-will-pay-an-interim-dividend-for-h1-2022.html https://sirma.com/news/sirma-group-will-pay-an-interim-dividend-for-h1-2022.html Sirma Group Holding’s renewed business strategy is focused on further developing the fastest growing industrial verticals, such as the financial industry, healthcare, industrial applications, retail, logistics, and hospitality. Following its primary goals, in July 2022, the company acquired 55% of the capital of TBI Info AD, a leading Bulgarian IT consultancy company that is a recognized partner for implementing the core insurance solution – INSIS. The new venture will operate under t Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/tbi-info-became-sirma-insurtech-to-accelerate-the-digitalization-of-insurance.html https://sirma.com/news/tbi-info-became-sirma-insurtech-to-accelerate-the-digitalization-of-insurance.html Pursuant to the decision taken by the General Meeting of Shareholders of "Sirma Group Holding" JSC dated June 24, 2022, the company proceeded to pay dividends to its shareholders under issue ISIN: BG1100032140 from Monday, August 8, 2022. All shareholders of "Sirma Group Holding" JSC as of July 8, 2022, as registered by "Central Depository" AD, have the right to receive a dividend. Dividends paid are for 2021. Their total amount is BGN 1.4 million, or a gross BGN 0 Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/sirma-group-holding-jsc-has-started-the-dividend-payment-for-2021.html https://sirma.com/news/sirma-group-holding-jsc-has-started-the-dividend-payment-for-2021.html GraphDB 10 launches modern data architectures and innovative features to ensure business and operations continuity GraphDB is a globally recognized, highly efficient, and robust graph database that helps businesses create knowledge graphs at a scale. The leading technology of Sirma AI, traded as Ontotext, is implemented to serve business-critical information systems in many enterprises. GraphDB is a cloud agnostic and offers predictable performance across a wide range of workloads, architecture Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/new-graphdb-10-offers-modern-data-architectures-and-smart-features.html https://sirma.com/news/new-graphdb-10-offers-modern-data-architectures-and-smart-features.html Sirma Group Holding AD will start paying its shareholders dividends for 2021 on August 8. The company will pay the shareholders BGN 0.0236 per share gross or a total of BGN 1.4 million. The net dividend is BGN 0.0224 per share. The amount comprises BGN 930,974.24 gained from the profit for 2021 and another BGN 469,025.76 from the accumulated undistributed profit for previous years. A total of almost 59.3 million shares are entitled to a dividend, deducting 84,846 own shares bought back by the c Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/sirma-group-holding-starts-paying-the-dividend-for-2021.html https://sirma.com/news/sirma-group-holding-starts-paying-the-dividend-for-2021.html Sirma Group Holding JSC acquired 55% of the company for the development and implementation of technological solutions for business management TBI Info AD and its subsidiary company HRM Solutions AD. With the transaction, TBI Info AD officially becomes a member of Sirma Group. The history TBI Info AD is an IT consulting company with 20+ years of experience and presence in the European market. The focus of the company’s activity is consulting, implementation, development, and maintenan Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/sirma-group-holding-acquired-55-of-tbi-info.html https://sirma.com/news/sirma-group-holding-acquired-55-of-tbi-info.html This year Money20/20 will take place on 7-9 June 2022, in Amsterdam. This remarkable industry event enables C-level executives, renowned speakers, innovators, and disruptors from across the world to share their insights and drive changes in the future of money. Our team – Momchill Zarev, CCO of Sirma Solutions, Fabrice Gouttebroze, Managing Director of S&G Technology Services, and Mark Belane, Director of Strategic Partnerships, will be part of this thriving community. Meet them at Kiosk Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/money-2020-eu-reshapes-the-financial-landscape-in-europe.html https://sirma.com/news/money-2020-eu-reshapes-the-financial-landscape-in-europe.html The investment, exceeding EUR 30 million, will be structured in capital increase and secondary purchase of shares We are excited to share that Integral Venture Partners (Integral), a capital investment firm, announced this week that a consortium led by it has entered into a definitive agreement with Sirma Group Holding to acquire Sirma AI, traded as Ontotext. Ontotext is a leading global vendor of enterprise semantic technology, operating in the graph database space and the Artificial Intellige Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/integral-venture-partners-acquires-76-percent-of-ontotext.html https://sirma.com/news/integral-venture-partners-acquires-76-percent-of-ontotext.html Sirma launches its Incubator – Sirma Venture Lab in partnership with Innovation Capital, securing funding for promising startups from Bulgaria. Sirma is looking to support the next scalable tech stars from Bulgaria. This initiative aims to help promising startups from Eastern Europe with ground-breaking projects collaborating with Innovation Capital. The participants need to provide a novel idea or solution on how to solve a real problem in one of the following verticals: FinTech, Healthcare, I Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/sirma-venture-lab-offers-up-to-400k-investment-in-top-performing-startups.html https://sirma.com/news/sirma-venture-lab-offers-up-to-400k-investment-in-top-performing-startups.html This year, on April 24th, Sirma turned its thirtieth anniversary. Thirty years of the company’s founding, three decades of corporate history full of challenges and successes. The milestones in our corporate history have shown us how Sirma has become one of the most significant software holdings in the Balkan region, and now is a company with a global footprint with offices in Bulgaria, subsidiaries in the US, Canada, Brazil, United Kingdom, Germany, Albania, and Switzerland, representa Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/sirma-celebrates-its-30th-birthday.html https://sirma.com/news/sirma-celebrates-its-30th-birthday.html On 01.03.2022 Sirma Group Holding JSC announced its interim consolidated results as of 31.12.2021. The development of the Group companies coincides with the goals set in the Growth and Development Strategy of the Group. The Group’s revenue increased by 8.69% on an annual basis, increasing from BGN 59.4 million to BGN 64.6 million. EBITDA reached BGN 13.014 million. The net profit of Sirma increased by 30.53% compared to the same period last year, reaching BGN 6.4 million. There was n Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/sirma-group-disclosed-its-interim-consolidated-results-2021.html https://sirma.com/news/sirma-group-disclosed-its-interim-consolidated-results-2021.html Sirma Medical Systems organized its first official Diabetes:M’s Medical Advisory Board on Feb, 22. The main strategic goal of the newly formed Advisory Board is to play as a think tank and driving force for the future development of the innovative products of Sirma Medical Systems. The professionals will mainly focus on further product development of the following products: - Diabetes:M – a leading mobile application for diabetes monitoring, with a module for doctors and clinics; - Medrec:M – a Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/diabetes-m-medical-advisory-board-to-accelerate-innovation-in-digital-healthcare-products.html https://sirma.com/news/diabetes-m-medical-advisory-board-to-accelerate-innovation-in-digital-healthcare-products.html The theme of the 2022 edition of Mobile World Congress (MWC), which will be held from February 28 to March 3, is Connectivity Unleashed and numbered amongst the main focal points of the event will be the development of 5G mobile communications, Fintech, Internet of Things (IoT) and artificial intelligence (AI). Barcelona traditionally hosts the World Mobile Congress - one of the largest technology exhibitions in the world, in late February or early March. It is the most prominent event in the f Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/the-mobile-world-congress-2022-in-barcelona-brings-together-the-digital-community.html https://sirma.com/news/the-mobile-world-congress-2022-in-barcelona-brings-together-the-digital-community.html The Bulgarian company has developed and implemented an enterprise-grade IS, which improves the management and control of grants provided under the EEA and Norway Grants Financial Mechanisms. Sirma Solutions has created a web-based information system called GrACE (Grants Administration and Collaboration Environment), designed for grants administration, management, and collaboration between stakeholders. Four years ago, Sirma won the tender in an intense competition with 19 participants and was c Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/sirma-creates-innovative-grant-management-information-system.html https://sirma.com/news/sirma-creates-innovative-grant-management-information-system.html 16 November 2021 - Sirma Group Holding, one of the largest software groups in Bulgaria, today announced that it has entered into a definitive agreement to acquire the majority stake in Sciant, a fast-growing, vertically-focused IT solutions provider based in Sofia. Sciant will officially become part of Sirma Group Holding, maintaining its mission, focus, and management team, while enjoying the support of the larger group. "Today, the Sirma Group family has grown with another member – Scia Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/sirma-group-holding-acquires-sciant-unlocking-the-potential-for-synergy-and-growth.html https://sirma.com/news/sirma-group-holding-acquires-sciant-unlocking-the-potential-for-synergy-and-growth.html The event "Digital solution for management of healthcare facilities and medical practices - Medrec:M" took place on October 6. The initiative gathered healthcare professionals from various hospitals, private medical centers as well as media representatives. Patient care during a pandemic Dr. Ivan-Asen Shishmanov, a cardiologist, presented his experience with the Medrec:M platform and the ways it has improved his practice. Moreover, he shared some intriguing facts from the European Ca Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/medrec-m-announced-its-telemedicine-solution-medrec-m-clinic.html https://sirma.com/news/medrec-m-announced-its-telemedicine-solution-medrec-m-clinic.html Meet Melinda in person at the biggest FinTech event in Europe Sirma is happy to attend Europe’s biggest Fintech show, Money20/20 EUROPE, accompanied by 1000+ leading companies in the field, on 21 – 23 September. The exhibition will be held at RAI Amsterdam, and our team will welcome guests and attendees to #Kiosk C3. Money2020 will bring together everyone who matters in Payments, Banking, FinTech and Financial services - business leaders, global corporations, established companies an Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/sirma-is-showing-off-melinda-at-the-biggest-fintech-event-money-2020-in-amsterdam.html https://sirma.com/news/sirma-is-showing-off-melinda-at-the-biggest-fintech-event-money-2020-in-amsterdam.html Our UK-based subsidiary has achieved strong results for the first half of the current year. On 6th August 2021, S&G Technology Services Ltd, part of Sirma Group, published their financial key performance indicators for the first half of 2021. They reflect a strong performance on all historical accounts, with a turnover growth of 46% and earnings up by 81% compared to H1 2019. The EBITDA margin was 20.4%. S&G Technology Services provides technology consultancy and project delive Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/sg-technology-services-reports-strong-h1-2021.html https://sirma.com/news/sg-technology-services-reports-strong-h1-2021.html The flagship products of Sirma AI, traded as Ontotext, GraphDB and Ontotext Platform, have been included in top graph database solutions in the latest Market Guide for Graph Database Management Solutions(GDMS). Sirma AI, announced that is among the sixteen representative vendors in Gartner’s 2021 edition. The guide describes available GDMS, which are native or multi-model, deployed on-premises and cloud, and offered as commercial products. "Ontotext has been acknowledged as a Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/graphdb-and-ontotext-platform-listed-in-gartner-market-guide.html https://sirma.com/news/graphdb-and-ontotext-platform-listed-in-gartner-market-guide.html The new version of Ontotext Platform simplifies deployment processes and enables high availability Sirma AI, trading as Ontotext, announced the release of new version 3.5 of the Ontotext Platform, which helps to reduce complexity by removing rarely used components, updating key features to newer versions, and introducing many deployment and operational improvements. The platform also provides additional mutation capabilities for typing in named graphs and allows the service to authenticate the Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/ontotext-platform-3-5-with-many-deployment-and-operational-improvements.html https://sirma.com/news/ontotext-platform-3-5-with-many-deployment-and-operational-improvements.html Daticum and CLICO Bulgaria will partner to provide AI-enabled cybersecurity solutions of the world leader SentinelOne Daticum JSC, part of Sirma Group Holding and a leading Bulgarian provider of cloud infrastructure and managed IT services, announced its partnership with CLICO Bulgaria, the largest distributor of software products in cybersecurity, networks and management in the CEE. The partnership opens new opportunities before the numerous Bulgarian and international clients of Daticum, pro Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/daticum-and-clico-bulgaria-collaborate-to-provide-top-notch-cybersecurity-solutions.html https://sirma.com/news/daticum-and-clico-bulgaria-collaborate-to-provide-top-notch-cybersecurity-solutions.html Sirma’s AI chatbot has grabbed the attention of two clients in the finance and retail industry. We are in a digital age where digital technologies are essential for any business that wants to reach or maintain a top position in the market. Digital technologies are now helping most businesses interact with their clients and prospective customers through increasingly sophisticated chatbot technology. The benefits of using smart technology for customer support and interaction include faster resp Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/the-spring-is-here-with-two-wins-for-melinda.html https://sirma.com/news/the-spring-is-here-with-two-wins-for-melinda.html New features allow healthcare teams, caretakers, nutritionists, educators, and other professionals to track people with diabetes remotely from everywhere. Diabetes:M application has been recognized as a valued personal diabetes assistant by hundreds of thousands of people and medical professionals. Specialists adopted the apps’ Monitor functionality as a powerful tool driving change in how diabetes is treated and monitored at times of a raging pandemic and disruptive digital transform Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/diabetes-m-monitor-enhanced-plans-to-smbs-and-corporate-clients.html https://sirma.com/news/diabetes-m-monitor-enhanced-plans-to-smbs-and-corporate-clients.html The COVID-19 pandemic has caused crucial changes in the way we live and work. There is no doubt the packaging industry was able to use the disruptive transformation as a strong business booster. The industry has benefited from the substantial growth of e-commerce and the vast demand for packages needed for safe delivery, the increasing production of boxes in the pharmaceutical industry and the overall growth for any kind of packages, boxes and containers. The situation required vendors to be cr Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/engview-package-display-designer-now-available-as-saas.html https://sirma.com/news/engview-package-display-designer-now-available-as-saas.html Sirma AI, trading as Ontotext, announced a new version of its flagship product - Ontotext Platform 3.4. The new version of the Platform introduces a Semantic Search Service that makes it easier for engineering teams to configure search and aggregation views over knowledge graphs and process data using the GraphQL interface. Ontotext Platform 3.4 blends GraphDB, Elasticsearch and GraphQL. It enables the definition, automatic synchronization and querying of indices to increase the performance of Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/ontotext-platform-3-4-offers-better-search-and-data-processing.html https://sirma.com/news/ontotext-platform-3-4-offers-better-search-and-data-processing.html The new release of GraphDB 9.7 includes substantial improvements in query performance and a major upgrade in memory management Sirma AI, trading as Ontotext, has released GraphDB 9.7, which offers a substantial improvement in SPARQL performance. The latest version of the GraphDB engine renders better memory management and a 30% reduction in the generated Java objects, enabling the database to achieve up to 7 times better throughput with such queries over large datasets. Another improvement is Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/graphdb-9-7-with-enhanced-performance-and-memory-management.html https://sirma.com/news/graphdb-9-7-with-enhanced-performance-and-memory-management.html Starting today, the ESG initiative has its center in Bulgaria, which mission is to promote and support developing policies and implementing the best practices on sustainable finance and energy. Amid a sea of disturbing news related to the global pandemic, something extremely positive is happening in Sofia. Sirma Group Holding, represented by its CEO Tsvetan Alexiev, is one of the founders of the association for sustainable finance and energy – the Green Finance and Energy Center. The Center wa Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/sirma-supports-the-foundation-of-the-green-center.html https://sirma.com/news/sirma-supports-the-foundation-of-the-green-center.html On March 17, 2021, the American Chamber of Commerce welcomed five new members. They joined the organization in 2020, but due to the COVID-19 pandemic, the team wasn’t able to organize a welcome ceremony. Sirma Business Consulting (SirmaBC), a company of Sirma Group Holding, was among the new members. Sirma BC provides the full range of software products and services, which the financial institutions need from the core banking software, through custom software products for all primary operations Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/sirma-bc-becomes-a-member-of-amcham-bulgaria.html https://sirma.com/news/sirma-bc-becomes-a-member-of-amcham-bulgaria.html The new version presents improved administration of health documents, symptoms, vital checks and treatment plans. The new version of Medrec:M features plenty of improved functionalities and upgrades. They help users better manage and organize their health data and track mandatory and recommended vaccinations regarding each country’s national plans. Medrec: M is a free mobile application developed by Sirma Medical Systems, which combines digital medical records with many features rela Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/medrec-m-now-offers-vaccination-plans.html https://sirma.com/news/medrec-m-now-offers-vaccination-plans.html Ontotext and Eccenca collaborate to boost the value of semantic technologies Sirma AI traded as Ontotext, developer of GraphDB™, and Eccenca - semantic technology provider, developer of Corporate Memory, announced a new partnership that aims to advance enterprise Data management. The integration of both flagship products GraphDB and Corporate Memory will power new capabilities and performance boost. The new collaboration will help to create vertical and horizontal enterprise data solutions. Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/new-technology-alliance-to-advance-enterprise-data-management.html https://sirma.com/news/new-technology-alliance-to-advance-enterprise-data-management.html Sirma’s shares listed on the Bulgarian Stock Exchange will be traded with a new exchange code The Bulgarian Stock Exchange announced a change in the registered companies’ stock exchange codes. The new abbreviations are intuitive, closer to the companies’ names, and this will facilitate all participants in the capital market. The change in stock exchange codes was discussed in mid-January and received the consent of nearly 300 issuers registered on the BSE. The new Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/new-stock-exchange-code-sirma-shares.html https://sirma.com/news/new-stock-exchange-code-sirma-shares.html Sirma Medical Systems, the developer of health and telemedicine monitoring platforms - Medrec:M and Diabetes:M, has received an international quality control certificate ISO 13485:2016. The certificate is provided for the management system and related procedures in the design, development, distribution and maintenance of medical software. The international certification organization, Lloyd’s Register, has carried out the audit. The purpose of international standard ISO 13485 is to sup Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/sirma-medical-certified-iso-13485-2016.html https://sirma.com/news/sirma-medical-certified-iso-13485-2016.html Notos Bulgaria has selected Sirma to implement a unified commerce platform as part of its digital transformation strategy Sirma CI, specialized in business and software consultancy for the retail industry, collaborates with Notos Bulgaria to build a digital distribution platform in line with the company’s business growth plan for 2021. The global trends in the retail industry account a sharp surge in e-commerce, accelerated by the restrictions imposed by the governments around the world and con Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/notos-bulgaria-and-sirma-collaborate-to-implement-unified-commerce-platform.html https://sirma.com/news/notos-bulgaria-and-sirma-collaborate-to-implement-unified-commerce-platform.html Sirma AI, traded as Ontotext, announced that Johnson Controls selected Ontotext’s GraphDB to provide semantic data creation and management for their Metasys system - one of the leading integrated building management systems in the world. The new version of the system enhances team productivity, increases building efficiency and reduces risk. Johnson Controls Building Technologies & Solutions are created to improve the quality of life providing a safer, smarter and more sustainable techn Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/graphdb-selected-by-johnson-controls-for-metasys-11-version.html https://sirma.com/news/graphdb-selected-by-johnson-controls-for-metasys-11-version.html The Investment Research of Wood &Co. appraises Sirma as a regional player that is growing quickly in its first investment report for 2020 On November 3, 2020 Wood and Co. published their initial equity research report on Sirma Group Holding JSC. The equity research is under the Research Coverage Program, which is supported by the EBRD and the Bulgarian Stock Exchange – Sofia. The investment bank Wood & Co. is specialized in the European emerging markets. It was selected to cond Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/wood-co-research-evaluates-investment-potential-of-sirma.html https://sirma.com/news/wood-co-research-evaluates-investment-potential-of-sirma.html Sirma held its Annual General Meeting via the electronic platform for general meetings of the Central Depository Sirma Group Holding carried out today the regular General Meeting of its shareholders through the Electronic Platform for General Meetings of the Central Depository (EP), in order to comply with the anti-epidemic measures related to the COVID-19 situation. Thus, Sirma became the first public technology company to use the platform in our country. "Sirma’s response to t Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/sirma-held-its-gm-via-the-e-platform-of-the-central-depository.html https://sirma.com/news/sirma-held-its-gm-via-the-e-platform-of-the-central-depository.html The largest Bulgarian technology company Sirma, announced it was not severely affected by the COVID-19 pandemic at the beginning of the year. For Q1 2020, Sirma Group Holding reported a 30% increase in consolidated net profit to BGN 2.4 million. Data are from the recently published report on Aug 17, after the end of the stock trading session. As a result, the company’s shares rose 7 percent to BGN 0.424 per share on Aug, 18, and achieved BGN 25.2 million market capitalization. Sirma Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/sirma-increases-its-profit-by-30-in-q1-2020.html https://sirma.com/news/sirma-increases-its-profit-by-30-in-q1-2020.html Medrec:M now offers medication plans and instant communication with doctors The latest version 4.1.of Medrec: M is now available on the Google Play and provides a bunch of unique features. All of them aim to make it easier for users and to enrich the existing functionality of the application with several instrumental innovations. Here are the most demanded functionalities that Sirma Medical Systems has integrated into the innovative app. Medication plan The user can create a medication plan. Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/medrec-m-4-1-with-handful-of-exiting-features-now.html https://sirma.com/news/medrec-m-4-1-with-handful-of-exiting-features-now.html Sirma Group holds prestigious positions in the critical categories in Top 100 survey The hottest month of the year traditionally is highlighted by the release of the most prestigious and anticipated annual ranking Top 100 ICT companies in Bulgaria. The research is carried out by ICT Media as a comparative analysis based on financial criteria - the profits and gross revenues from the business activity and operations for 2019. It includes Bulgarian and international companies in telecommunication Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/sirma-group-top-100-ict-ranking-in-bulgaria-for-2019.html https://sirma.com/news/sirma-group-top-100-ict-ranking-in-bulgaria-for-2019.html We are happy to announce the new strategic partnership between Sirma AI, trading as Ontotext, and Semantic Web Company - two prominent technology vendors, recognized as trendsetters in development and implementation of knowledge graphs for organizations dealing with large amounts of diverse data. With their joint resources, both companies will provide to enterprise architects an even larger portfolio of excellent services such as deployment, monitoring, resilience, and interoperability with oth Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/ontotext-and-semantic-web-company-partnership.html https://sirma.com/news/ontotext-and-semantic-web-company-partnership.html The European Bank for Reconstruction and Development (EBRD) announced today that it is launching a two-year dedicated research program in support of the development of small and medium-sized enterprises (SMEs) listed on the national stock exchanges in Bulgaria, Croatia, North. Macedonia, Romania, Serbia, and Slovenia. Sirma Group Holding JSC (SKK) is included in the SME equity research program whose primary goal is to attract the attention of the international investor community. The Taiwan Bu Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/sirma-sme-equity-research-program-ebrd-and-partners.html https://sirma.com/news/sirma-sme-equity-research-program-ebrd-and-partners.html Sirma Business Consulting (part of Sirma Group) has announced a new strategic partnership with a new technology partner and investor - Madara Invest in an innovative fintech project. Madara Invest aims to provide a fintech solution, which will bridge the gap between traditional finance (banking and other financial services) and the revolutionary fintech ecosystem. The project will give people access to convenient banking services in a simple and innovative way with its user-friendly interface a Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/sirma-and-madara-invest-will-redefine-the-future-of-banking.html https://sirma.com/news/sirma-and-madara-invest-will-redefine-the-future-of-banking.html Sirma Group provided its mobile application Medrec:M free of charge to Sofia Municipality and its department for innovations, for the benefit of the citizens and the city administration. The mobile application can be used not only during an epidemic but also it is a very powerful tool for continuous personal health management in post-quarantine situations. The active use of personal digital health solutions will help people adapt to the new realities in the post-pandemic life. Medrec:M is the Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/medrecm-sofia-municipality-digital-services-health-management.html https://sirma.com/news/medrecm-sofia-municipality-digital-services-health-management.html Sirma has announced the release of new functionality that allows users to create child health records by adding all health examinations and health information to the parent profile. The news came just a week after the official launch of a critical feature – gathering of medical documents in the Medrec: M application. The new feature is complementary to the recently introduced functionality - document management. It enables Medrec:M users to collect data and monitor the current health status of Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/medrecm-parents-manage-the-whole-family-health-records.html https://sirma.com/news/medrecm-parents-manage-the-whole-family-health-records.html Sirma AI, operating as Ontotext, has announced that it is providing its proprietary GraphDB database for free to medical organizations worldwide, in order to fight the COVID-19 pandemic. GraphDB is one of the most popular semantic databases, with global recognition and usage. A large number of multinational organizations use the semantic software – e.g. the pharmaceutical giants Astra Zeneca, one of the largest US banks, market intelligence agencies such as Standard & Poor Global Platts Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/graphdb-helps-scientific-research-to-study-covid19.html https://sirma.com/news/graphdb-helps-scientific-research-to-study-covid19.html Sirma has announced the release of the second version of its innovative mobile electronic medical record - Medrec:M, just a week after the official launch of the application. With the 2.0 release, the users will have access to new useful and convenient functionality - document storage and classification. Medrec: M is the latest generation mobile application designed to collect data and monitor users’ health condition. The users can record their health symptoms and vital signs and anal Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/medrec-m-2-0-easy-document-management.html https://sirma.com/news/medrec-m-2-0-easy-document-management.html Dear friends, Hard times have come for all of us - fearing for our health and that of our loved ones, increasingly restricted - where we can move, what we can do. We are also beginning to feel the economic impact of the pandemic. Sirma has been in the software industry for over 28 years and we can pride ourselves with world-class products and projects. Professionalism, loyalty and integrity are some of our values. At the same time, we are entrepreneurs and we are always looking for innovative, Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/sirmas-ceo-tsvetan-alexiev-announcement-medrecm.html https://sirma.com/news/sirmas-ceo-tsvetan-alexiev-announcement-medrecm.html Sirma, the largest Bulgarian software group (Sirma Group Holding AD, BSE: SKK), announced its new product Medrec: M. Medrec: M continues the series of products of the company aimed at providing better healthcare and prolonging and improving quality of life. Sirma’s philosophy is that in the modern and over-informed society, personal health care is in the hands and abilities of the individual himself. Every person needs to collect as much data as possible about their health – any symp Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/sirma-free-mobile-app-medrec-m-personal-medical-record-of-the-future.html https://sirma.com/news/sirma-free-mobile-app-medrec-m-personal-medical-record-of-the-future.html EngView Systems Sofia, a part of Sirma Group, is giving free home-office licenses to help its customers keep productivity and work processes during the coronavirus outbreak. Packaging companies around the world are taking measures to protect the health of their employees, their families and the community by reorganizing the work environment to mitigate the risks of spreading the coronavirus. When possible, they are sending their employees to work from home. Most of the EngView team is also work Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/engview-free-home-office-licenses-to-customers.html https://sirma.com/news/engview-free-home-office-licenses-to-customers.html COVID-19 news continues to dominate the headlines, and realistically this will be the case for months to come. With the COVID-19 pandemic, social distancing is becoming policy for educational organizations, their employees, and students. The severe outbreak has forced schools and universities to close and send students home. As most of the public and private organizations, schools assessed what measures can be undertaken to support their students, and decided to move into online education. It i Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/daticum-donates-cloud-servers-for-online-class-rooms.html https://sirma.com/news/daticum-donates-cloud-servers-for-online-class-rooms.html As COVID-19 sweeps across the world, more and more people find themselves isolated at home, unable to go to the doctor’s office or hospital for their regular checkups. See how Diabetes:M can help in this situation. Sirma announces the release of new functionality in its specialized medical application Diabetes:M, which helps doctors monitor their patients with diabetes remotely, and prevent them from unnecessary exposure to potential threats when going out for regular checks. Diabetes:M provid Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/track-diabetic-patients-remotely-diabetes-m.html https://sirma.com/news/track-diabetic-patients-remotely-diabetes-m.html Sirma Group Holding announced its "Emergency Management Program" regarding the COVID-19 pandemic and the state of emergency declared by the Bulgarian Government on March 15, 2020, and the impact they will have over the company operations. Since March 10, 2020, the companies of Sirma Group Holding have been working under our "Emergency Management Program." Since 16.03.2020, most of the employees of the Sirma companies work remotely without leaving their homes. The “Emergency Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/sirma-continues-business-as-usual-under-covid-19.html https://sirma.com/news/sirma-continues-business-as-usual-under-covid-19.html Sirma launches the first Bulgarian end-to-end software suite, fully compliant with PSD2. Sirma announces the release of its first end-to-end FinTech software suite: Open Banking Suite, which is fully compliant with PSD2. The Open Banking Suite (OBS) has been designed to provide banks and FinTechs with a comprehensive solution to achieve compliance and to explore new business opportunities in payments. OBS is a modular solution for the financial sector that provides organizations with the main f Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/open-banking-suite-to-fuel-the-development-of-psd2-payments.html https://sirma.com/news/open-banking-suite-to-fuel-the-development-of-psd2-payments.html Fintech Summit 2020: How Far the Bulgarian FinTech Ecosystem Will Go Follow the discussion about the Bulgarian FinTech industry development attending the forthcoming event FinTech & InsureTech Summit 2020. Tsvetomir Doskov, CEO of Sirma Business Consulting, part of Sirma Group, in an interview for Capital weekly, sharing insights, the strategic directions for new products and services development, and his thoughts about market drivers and impeding factors before FinTech industry and the Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/fintech-summit-2020.html https://sirma.com/news/fintech-summit-2020.html Sirma is proud to announce the achievements of its UK based subsidiary S&G Technology Services. On 14th February 2020, Fabrice Gouttebroze, Managing Director, presented the key financials of the company for the year ended December 31, 2019. In 2019, S&G Technology Services Ltd displayed a strong performance with a healthy diversification of its client base across Europe and turnover growth of 49.1%. The team utilization rate was above 95% for the year, and earnings up by 109.5 Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/sg-technology-issues-strong-results-for-2019.html https://sirma.com/news/sg-technology-issues-strong-results-for-2019.html Ontotext Platform 3.0 enables the creating of solutions around enterprise knowledge graphs, combining internal knowledge with external reference data. Sirma AI (trading as Ontotext) has announced a major upgrade of its flagship semantic platform - Ontotext Platform 3.0. The new version offers significant technology improvements that enable more straightforward and faster graph navigation. The new GraphQL user-centric API uses an additional interface to start consuming complex information much f Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/ontotext-platform-faster-solutions-development.html https://sirma.com/news/ontotext-platform-faster-solutions-development.html Bulgarian Association of Software Companies (BASSCOM) announced the results of its annual survey Barometer 2019, carried out by CBN Pannoff, Stoycheff & Co. The report presents the state of the software industry in Bulgaria and is based on data collected from 4,100 companies. It covers 2017, 2018, and a forecast for 2019. The data show that the revenues in the software industry hit a significant growth of BGN 600 million or 23% in 2018 (vs.2017) and exceed 3 billion BGN. This industry a Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/bulgarian-software-industry-surpasses-3billion.html https://sirma.com/news/bulgarian-software-industry-surpasses-3billion.html The National Council on prices and reimbursement of medicinal products was awarded the European Public Sector Award (EPSA2019). The prize was given for its "National Information System for Pricing and Reimbursement of Medicinal Products in the Republic of Bulgaria." The system was developed and implemented by the Sirma Solutions team and recognized as best practice in the category "European / National IT Project." The ceremony took place on November 4, 2019, where the promin Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/european-public-sector-award-sirma-solutions.html https://sirma.com/news/european-public-sector-award-sirma-solutions.html Sirma AI, traded as Ontotext, successfully finalized its part of the euBusinessGraph Marketplace project. The company has announced the successful delivery of the euBusinessGraph marketplace, a part of the cross-border project developed with the European Union financial support. The project goal is to create a unified platform that integrates, harmonizes, and enables publishing of company-related data. The platform incorporates and hosts a scalable business graph data marketplace. All the info Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/ontotext-eubusinessgraph-marketplace.html https://sirma.com/news/ontotext-eubusinessgraph-marketplace.html GraphDB, the most prominent product of Sirma AI(trading as Ontotext)is energizing the central metastore (knowledge graph) of Inspec Analytics, the new dynamic intelligence tool of the Inspec research database of the Institution of Engineering and Technology (IET). Inspec Analytics uses semantic technology to connect each element of published materials like papers, articles, books, etc. and create a knowledge graph to identify and compare research trends across thousands of organizations and sci Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/graphdb-empowers-inspec-analytics-knowledge-graph.html https://sirma.com/news/graphdb-empowers-inspec-analytics-knowledge-graph.html How to overcome the complexity of enterprise data integration and start designing complex knowledge graphs Sirma AI (trading as Ontotext) has just announced a new release of GraphDB. Its 9.0 edition aims to reduce the effort for the development and continuous operation of building knowledge graphs by opening multiple integration extension points for its users and developers. The new version features a major redesign of the database Plugin API that simplifies the way to implement complex softwa Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/graphdb-9-0.html https://sirma.com/news/graphdb-9-0.html Disability Credit Canada helps disabled Canadian citizens to get an individual assessment for Disability Tax Credit and government benefits, in order to obtain tax refunds and credits. The organization regularly carries out independent reviews of useful medical applications that can help people to make an informed choice and use the best mobile healthcare applications. Our App Diabetes: M has taken 5th place in this ranking, and once again has received a prestigious rating for this year. Sourc Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/diabetes-m-ranked-among-top-10-diabetes-apps.html https://sirma.com/news/diabetes-m-ranked-among-top-10-diabetes-apps.html Sirma AI is proud to announce that it’s signature semantic graph database GraphDB has been included in the exclusive list of the 2019 Trend-Setting Products compiled by KMWorld Magazine, the leading publisher for knowledge management professionals. GraphDB was recognized as a trend-setter in knowledge management in a special section in KMWorld Magazine’s July/August issue, which reaches more than 50,000 knowledge and information management professionals within organizations across Nor Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/graphdb-featured-by-km-top-products.html https://sirma.com/news/graphdb-featured-by-km-top-products.html ExpoPrint Latin America 2018 starts today in Sao Paulo. EngView team is excited to demonstrate for the first time packGATE, the new e-commerce solution for printing and packaging companies. Today the digitalization in printing opens the door to all kinds of applications for packaging. And EngView developed a solution that goes one step further and helps businesses or individuals have the best design and quality of packaging, delivered at their door at a reasonable cost. packGATE is a cloud sol Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/engview-to-demonstrate-its-new-solution.html https://sirma.com/news/engview-to-demonstrate-its-new-solution.html We are happy to announce that we are now a member of the Ghent Workgroup (GWG). Participating in the last two meetings of GWG, we saw the value of collaborating with other industry leaders and professionals towards process automation and standardization in the packaging sector. The GWG membership gives the EngView team the opportunity to communicate with vendors and end-users, discussing the industry’s challenges and bringing forward innovation. Ghent Workgroup is an international organization Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/engview-systems-joins-ghent-workgroup.html https://sirma.com/news/engview-systems-joins-ghent-workgroup.html The school year started for us too. In fact, it has never ended. We have been doing training in packaging and display design for as long as we can remember. We just hope that we have done our job well and the amazing team of teachers from the King Mongkut’s University of Technology Thonburi in Bangkok will now inspire students in package design to demonstrate their talent and creativity using the EngView Package & Display Designer Suite. The unique parametric technology of the CAD syste Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/engview-systems-welcomes-kmut.html https://sirma.com/news/engview-systems-welcomes-kmut.html In the 21st century, the volume of information doubles every day. The access to this information is unlimited and exhausting. Therefore, people will value a streamlined way to find information easily, in a structured and timely manner. For physical visitors a well-trained corporate office manager may be sufficient, however, the website visitors may prefer to communicate with her digital twin. In 2016 – 2017 the chatbot trend reached its highest point, as the computer programs called “chatbot” s Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/chatbot-welcomes-sirmas-website-visitors.html https://sirma.com/news/chatbot-welcomes-sirmas-website-visitors.html The shares of Sirma Group Holding are included in the leading “Premium” segment of the Bulgarian Stock Exchange (BSE). This official statement was announced on 28.03.2018 by the Board of directors of the BSE in Bulgaria. Until now the shares of Sirma Group were traded in the “Standard” segment. The shares of Sirma Group will be officially part of the “Premium” segment on the 3rd of April 2018. The other six organizations listed in this segment are leading in the Bulgarian Stock Exchange, howeve Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/sirmas-stocks-to-trade-premium-on-the-bse.html https://sirma.com/news/sirmas-stocks-to-trade-premium-on-the-bse.html Ontotext has just announced the winning of grants in two research projects in the field of big data and social media convergence. The projects will be funded under the Horizon 2020 EU Framework Programme for Research and Innovation. The first project is BigDataGrapes, its goal is to help European winemakers and natural cosmetics manufacturers seize the opportunities that big data creates. The second one is called COMPACT, and aims to increase awareness of the latest technological discoveries a Mon, 28 Oct 2024 10:38:54 +0200 https://sirma.com/news/ontotext-wins-two-eu-funded-projects.html https://sirma.com/news/ontotext-wins-two-eu-funded-projects.html London, May 18, 2017, Tsvetan Alexiev, CEO of Sirma Group will present the company and its leading technologies at the specialized Investor Road Show "Bulgarian Capital Market Day" in London. The event is organized by the Bulgarian Stock Exchange (BSE) and the European Bank for Reconstruction and Development (EBRD), which hosts the presentations at the Bank’s headquarters. Sirma (BSE:SKK) is among the five Bulgarian companies that present their leading technologies and produ Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/sirma-presents-its-cognitive-software-at-ebrd-event.html https://sirma.com/news/sirma-presents-its-cognitive-software-at-ebrd-event.html Ontotext is challenging participants in the #BG10xEU Hackathon ‘10 Years of Bulgaria in the EU’ on 12 and 13 May. The Hackathon will take place at the Sofia Tech Park as part of the Sofia Science Festival. The teams will have the chance to demonstrate the power of GraphDB and how can be revealed the hidden links through open data from some public sources like the Bulgarian Trade Register, and the Bulgarian Public Procurements. Such research can disclose covert or suspicious relationships betwee Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/ontotext-challenges-it-squads-in-the-bg10xeu-hackathon.html https://sirma.com/news/ontotext-challenges-it-squads-in-the-bg10xeu-hackathon.html Sirma Medical Systems won a prestigious award from WEBIT Sofia 2017, in the category "Best Mobile Application for Healthy Lifestyle and Nutrition". The prize went to the innovative mobile application for diabetes condition management - Diabetes: M., awarded by Hila Cohen, Head of Private Sector and Journals, in the Innovation Accelerator, the World Food Program. Learn more Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/best-mobile-app-diabetes-m.html https://sirma.com/news/best-mobile-app-diabetes-m.html Ontotext JSC, part of Sirma Group, just announced the new update of its flagship graph database GraphDB. The new version GraphDB 8.5. is more efficient and faster in loading, processing and updating huge data volumes. GraphDB 8.5 features five key new functionalities. Read the full news. Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/ontotext-releases-graphdb-8-5.html https://sirma.com/news/ontotext-releases-graphdb-8-5.html Sirma Group, one of the largest Bulgarian IT groups, has turned 25 years since its foundation. On this occasion, the company organized a corporate event "The Next 25 - The Smart Enterprise", where the C-level managers outlined the trends and the companies ambitions to face challenges ahead. The show was held on April 24, in the "Sofia Grand Hall", at 19:00, the Congress Center, Marinella Hotel in Sofia. The primary focus on Sirma’s software products and business developmen Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/sirma-group-celebrates-25-years-success.html https://sirma.com/news/sirma-group-celebrates-25-years-success.html Sirma Business Consulting (Sirma BC),  finds its place among the most renowned mobile banking solution vendors in the world, for its next-gen secure software applications. Learn more here. Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/sirma-bc-in-top-10-mobile-banking-solution-providers-2017.html https://sirma.com/news/sirma-bc-in-top-10-mobile-banking-solution-providers-2017.html Sirma Medical Systems, already known with one of the world’s most popular diabetes control applications - Diabetes: M, has just launched a new product. The MPI-2 application will assist people who are suffering from stammering to deal with their speech impairment, and ultimately get rid of the problem. The application has been created as a result of the company’s joint efforts by US professors, that have developed one of the most successful stuttering treatment programs in t Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/new-stuttering-treatment-app-launch.html https://sirma.com/news/new-stuttering-treatment-app-launch.html New data service for the UK Parliament has recently launched a web interface to help users and applications access and query the semantic data in a semantic graph database. Ontotext’s GraphDB powers two web portals to deliver data services for citizens and institutions. The former is a portal for publishing the original and revised versions of UK legislation, as well as archives and records, for everyone interested in following the work of the Parliament. The latter helps users find open data p Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/graphdb-powers-uk-parliaments-data-service.html https://sirma.com/news/graphdb-powers-uk-parliaments-data-service.html Museum Space has been presented at AIC Annual Meeting, TX, USA, which is the leading event for conservation professionals in the field of Cultural Heritage. The event meets in one place, conservators from all over the world and grows bigger each year. The forum enables all specialists and vendors to enhance and share knowledge about conservation and related topics while networking and catching up with the latest trends. Sirma USA sales team has presented the top-notch platform Museum Space. Wat Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/museum-space-presented-at-aic-annual-meeting-usa.html https://sirma.com/news/museum-space-presented-at-aic-annual-meeting-usa.html On 12.06.2018 the Financial Supervision Commission, with its decision № 585-Е, approved the Prospectus for a secondary public offering of Sirma Group Holding JSC. The authorized investment intermediary and the manager servicing the capital increase is “First Financial Brokerage House” Ltd. According to the approved Prospectus, 39 573 679 new, ordinary dematerialized voting shares with a nominal value of BGN 1 will be subject to the public offering. The public offering will be successful only if Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/sirma-gets-its-prospectus-approved-by-fsc.html https://sirma.com/news/sirma-gets-its-prospectus-approved-by-fsc.html On 13th of June 2018, Sirma Group presented its annual financial results for 2017 and Q1 2018 and the company achievements until now. During the first part of the on-line event, Tsvetan Alexiev – CEO of Sirma Group Holding, Radka Peneva – Financial Director, Yordan Nedev – Member of the Board of Directors and Stanislav Tanushev – Investor relations director provided comprehensive information and discussed the key financials, as well as the Strategy of the company for the current year. The secon Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/webinar-sirma-group-2018.html https://sirma.com/news/webinar-sirma-group-2018.html Sirma Group hits a leading rank in Bulgaria Top 10 IT companies 2017 Last week was announced the annual rankings of the leading business newspaper Capital with its survey Top 100 of Bulgarian Companies, and Top 100 ICT company research, carried out by ICT Media. Ranking is made by a comparative analysis and based on objective financial criteria - the profits and gross revenues from the activity for 2017 of Bulgarian and international companies from the telecommunication, IT and outsourcing sect Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/top-100-it-companies-in-bulgaria.html https://sirma.com/news/top-100-it-companies-in-bulgaria.html S&G Technology Services contributes to the successful launch of new fully integrated mobile app for UBB, part of KBC Group in Bulgaria. "Our team provided critical expertise to enable the real-time interaction between T24 and the new mobile app of UBB. Joining the project from inception, our team enabled the bank to define, build, test and implement the most appropriate design based on the Temenos Interaction Framework and Interaction, Reporting and Information Services (IRIS). Lau Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/new-mobile-banking-app-for-kbc-group.html https://sirma.com/news/new-mobile-banking-app-for-kbc-group.html Sirma Business Consulting(SirmaBC) has developed a credit chatbot which uses Facebook Messenger and servers Post bank customers offering them credit products. The bot is called EVA, and is a result of a fruitful technology partnership between Postbank and SirmaBC. Bank customers are able to communicate with the online virtual assistant via Facebook Messenger whenever it is convenient for them. They will receive useful and structured information about bank products, credit cards, and debt consol Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/credit-chatbot-augments.html https://sirma.com/news/credit-chatbot-augments.html Ontotext is proud to announce a very successful ending of Q3 for its research activities. Three proposals with the involvement of the company were approved for funding under the H2020 program of the EU Commission in Q3 2018: WeVerify, EXA MODE and InnoRate. The total amount of financing for Ontotext in these projects is 1 386 000 EUR. WeVerify will be the first to start on December 2018, while EXA MODE and InnoRate will start in January 2019, subject to finalization and signing of the consortium Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/ontotext-won-funding-for-1-4m.html https://sirma.com/news/ontotext-won-funding-for-1-4m.html We are proud to announce that Diabetes: M, an all-in-one app for tracking blood sugar, keeping personal logbooks and calculating of nutrition supplements in food, has been included in Top 5 mobile apps that makes life easier for people suffering from diabetes condition. Read original news source. Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/diabetes-m-in-top-5-apps-helping-people-manage-diabetes-condition.html https://sirma.com/news/diabetes-m-in-top-5-apps-helping-people-manage-diabetes-condition.html Sirma Group announces a very successful Q3 2018 in its operations and business development activities. Successful projects have been implemented in several of our key verticals of specialization. The biggest share of projects and contracts, related to various software solutions and services, is generated from the financial sector, with leading revenue in the company’s portfolio of products and services. Two of the subsidiaries - Sirma Solutions and Sirma Business Consulting - have won Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/sirma-group-accounts-successful-q3-2018-with-new-clients-and-projects-in-the-usa.html https://sirma.com/news/sirma-group-accounts-successful-q3-2018-with-new-clients-and-projects-in-the-usa.html Sirma’s MPI2 product is featured this week at the American Speech and Hearing Association (ASHA) 2018 conference. MPI2 stuttering treatment was developed by Sirma in collaboration with the University of California, Santa Barbara Department of Speech and Hearing Sciences, and is the only stuttering treatment that has been validated by an FDA clinical trial. MPI2 uses cutting-edge bio-feedback mechanisms, implemented as mobile apps, which train people who stutter to modify their speech Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/mpi2-recommended-by-asha.html https://sirma.com/news/mpi2-recommended-by-asha.html Within the framework of the CSR initiatives of Sirma Group Holding, on 21 November 2018 the company joined the campaign “Color in Life” of the Bulgarian Red Cross for support of centers for “Home Care” for elderly citizens in the Vratza region, covering Vratza, Biala Slatina, Krivodol, Oriahovo, and 12 villages. „The main activity of Sirma has a focus on social and environmental effects. With our products and services, we help our clients save money, resources and time, at the same time achievi Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/sirmas-wheel-of-good.html https://sirma.com/news/sirmas-wheel-of-good.html Fujitsu purchased GraphDB licenses joining the club of Top 10 IT services businesses that work with Ontotext Fujitsu Technology Solutions S.A., Madrid, purchased licenses for the GraphDB Enterprise cluster configuration. Details about the deal cannot be disclosed due to the nature of the project. This is an important milestone in the cooperation between Fujitsu and Ontotext, which started back in 2017. Fujitsu is the world’s 7th largest IT services provider and No.1 in Japan. With this deal, F Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/fujitsu-purchased-graphdb-licenses.html https://sirma.com/news/fujitsu-purchased-graphdb-licenses.html On 27.11.2018 Sirma Group Holding informed investors about the launch of a public offering of 39,573,679 shares, entitled to one vote, a right to a dividend and a liquidation share, proportional to the nominal value of the share, with nominal value and the issue value of BGN 1 each. The shares will be issued as a result of the decision taken on 2 May 2018 by the Board of Directors, regarding to increase the capital of Sirma Group Holding from BGN 59,360,518 to BGN 98,934,197, and the offering i Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/sirma-kicks-off-the-public-offering-of-its-shares.html https://sirma.com/news/sirma-kicks-off-the-public-offering-of-its-shares.html Sirma Group and First Financial Brokerage House organize a webinar for "Presenting the Public Offering 2018" On 05.12.2018 at 16:00, EET. The webinar will be held in both Bulgarian and English at the same time. All investors and stakeholders can watch the webinar live, and directly participate with questions of interest. To participate in the webinar, please follow the [link](https://streamer.bg/bg/975/filmpage-go "Webinar-Sirma-public-offering"). You can ask questions in a Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/webinar-presenting-the-public-offering-2018.html https://sirma.com/news/webinar-presenting-the-public-offering-2018.html In 2018, S&G Technology Services Ltd diversified its client base and established a growing and stable stream of revenue and sales. The team’s utilization rate was above 95% for the year, achieving a growth of 78% in turnover and 400% in profits compared to 2017. Working with several tier 1 and tier 2 banks across Europe this year (Ireland, Luxembourg, United Kingdom, Bulgaria), S&G established and strengthened its reputation for excellence in core banking system integration and Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/sg-technology-services-achieves-78-turnover-growth-in-2018.html https://sirma.com/news/sg-technology-services-achieves-78-turnover-growth-in-2018.html The finance division of Sirma Group – Sirma Business Consulting has finished successfully this year, closing a new contract with The Bank of the Bahamas. The contract stipulates full update of all banking information systems of the financial institution with the latest Oracle Flexcube 12 for the period of 18 months. The value of the contract is USD 1.2 million. The registered in 1970 Bank of the Bahamas is one of the oldest financial institutions in the Bahamas. Nevertheless, the bank invests Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/sirma-business-consulting-wins-new-contract-in-the-caribbean.html https://sirma.com/news/sirma-business-consulting-wins-new-contract-in-the-caribbean.html Daticum offers its services in compliance with ISO 27018 Daticum JSC, a leading Bulgarian supplier of cloud services and infrastructure, and a company of Sirma Group Holding has been certified under ISO 27018 compliance rules. The ISO 27018 standard is specially designed for cloud services, because of the increasing number of organizations from both public and private sectors that switch to cloud information services, aiming to achieve overall efficiency and reduce costs. Daticum has conducted Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/daticum-iso-27018-2014.html https://sirma.com/news/daticum-iso-27018-2014.html Sirma Group Holding [BUL:SKK] signed a deal to acquire a stake of 26.06% for 4.2 million euro ($5.2 million) from the local private equity fund New Europe Venture Equity L.P.(NEVEQ), which is a shareholder in the semantic technology company Ontotext JSC. Sirma Group Holding held a 58.51% stake in Ontotext at the end of 2017. Sirma Group Holding will pay the price in three tranches – the first tranche, of 1 million euro, is due upon transfer of the shares. Sirma Group Holding intends to finance Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/sirma-group-to-buy-ontotexts-shares-from-neveq.html https://sirma.com/news/sirma-group-to-buy-ontotexts-shares-from-neveq.html S&G Technology Services‘ team is pleased to announce the successful proof of concept completion of Open Banking for T24, with Temenos. Our team utilized the deep know-how in banking software integration, UX design, and authentication, and implemented a fully working proof of concept covering the main use cases for Revised Payment Service Directive (PSD2). Leveraging our expertise in integration and interaction with T24, Temenos used S&G team to deliver a fully integrated product Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/sg-implements-open-banking-for-t24.html https://sirma.com/news/sg-implements-open-banking-for-t24.html Ontotext, part of Sirma Group has just announced its partnership with DrugBank, one of the world’s most widely used reference drug resources. The new collaboration will empower commercial and academic Pharma and Healthcare researchers in their efforts to discover and repurpose drugs for treating various illnesses. DrugBank’s unique bioinformatics and cheminformatics database will be reinforced by using an RDF format, governed by the DrugBank research team and maintained by Ontotext. RDF provide Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/ontotext-and-drugbank-joint-efforts-to-explore-drug-data.html https://sirma.com/news/ontotext-and-drugbank-joint-efforts-to-explore-drug-data.html Sirma Solutions, part of Sirma Group, has just announced a partnership agreement with a leading Finnish IT distributor Planix LLC, aiming to promote and deliver Sirma’s software solutions and services in the field of Cultural Heritage. The Finnish company Planix LLC was established more than 20 years ago. Initially, the company specialized in the delivery of large-format copying equipment and software in the field of electronic archiving from the world’s leading brands. Planix pioneered the de Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/sirma-group-collaborates-with-finnish-it-distributor.html https://sirma.com/news/sirma-group-collaborates-with-finnish-it-distributor.html Following discussions with shareholders and stakeholders, the Strategy of Sirma Group was updated during 2017. On 01 February 2018 Sirma Group Holding officially disclosed its Strategy for Development and Growth for the period 2018 – 2022. Sirma targets EUR 100 Million of Consolidated Sales Revenue by 2022. „We realize the challenges of disclosing our Strategy and anticipated results. However, we truly believe in transparent corporate management and feel obliged to share with our shareholders Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/sirma-group-announces-new-strategy-2022.html https://sirma.com/news/sirma-group-announces-new-strategy-2022.html Sirma group signed a partnership contract with a well established Mexican IT distributor. Global Computing is a Mexican company that has been operating since August 1998, with the main goal to support educational institutions and research centers in Mexico to find the fastest and most efficient development of applications with technical and scientific data that are transformed into powerful decisions. The team is dedicated to marketing and distribution of software and training courses, and to e Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/sirma-group-to-enter-mexican-market.html https://sirma.com/news/sirma-group-to-enter-mexican-market.html Sirma Group Holding is proud to announce a partnership agreement with ISP * D International Software Partners GmbH, which is specialized in the distribution of software solutions and the support of specialist retailers. ISP * D International Software Partners GmbH is well positioned and established IT distributor, well known on the German and European markets, which has been operating since 1989. The company offers a wide portfolio, including cross-industry software products to the IT specialis Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/sirma-collaborates-with-german-software-distributor.html https://sirma.com/news/sirma-collaborates-with-german-software-distributor.html Our company Sirma Medical Systems announced the iOS version and a Premium Subscription service for their most popular product – Diabetes:M. Over the last couple of years, Diabetes:M became one of the go-to diabetes logbook management apps on Android OS devices. Loved by both patients and their doctors, this solution helps people take control of the most difficult part of their condition – tracking and documenting every diabetes-related detail of their day, so they can manage effectively. Recen Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/diabetes-m-with-ios-version-and-premium-plan.html https://sirma.com/news/diabetes-m-with-ios-version-and-premium-plan.html Sirma AI, trading as Ontotext, in collaboration with 20 researchers from all over Europe, has announced the start of its research project ExaMode, which is funded through the Horizon 2020 framework. The kick-off meeting took place at the Techno-Pôle Centre in Sierre, Switzerland, on 21-22 January 2019. The project name is shortened from EXtreme-scale Analytics via Multimodal Ontology Discovery & Enhancement and presents a Big Data project for Healthcare. The meeting’s agenda included th Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/examode-research-project-starts-with-a-kick-off-in-sierre.html https://sirma.com/news/examode-research-project-starts-with-a-kick-off-in-sierre.html Sirma AI has launched a new version of its signature semantic graph database - GraphDB. The new release offers a number of features, requested by users, providing feedback for further improvements. The latest GraphDB enables users to create hybrid similarity searches using pre-built text-based similarity vectors for the prediction-based similarity index. The index combines the power of graph topology with the text similarity. The index accuracy can be controlled by users, specifying the number Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/graphdb-8-9-with-improved-semantic-similarity-search.html https://sirma.com/news/graphdb-8-9-with-improved-semantic-similarity-search.html Sirma AI, trading as Ontotext, supported as a gold sponsor the first Knowledge Graph Conference organized by Columbia University in New York. The event took place on 7 and 8 May 2019. The theme of the conference is Knowledge Graphs for AI in the Enterprise. The conference aims to showcase the major knowledge graphs implementations, disseminate the knowledge of how knowledge graphs are built, maintained and used, and help to build a community of professionals and technology leaders. The CEO of Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/sirma-ai-sponsors-knowledge-graph-conference.html https://sirma.com/news/sirma-ai-sponsors-knowledge-graph-conference.html EngView Systems has released a new major version of its CAD/CAM software for structural design of boxes and POP/POS displays. The EngView Packaging Suite now provides a wide range of tools that speed up and automate the day-to-day jobs of structural designers, graphic designers, diemakers and sales people involved in the creation, communication, and production of packaging. Commenting on the benefits the new release will bring packaging designers and producers, Georgi Marinov, CEO of EngView Sy Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/engview-announces-version-7.html https://sirma.com/news/engview-announces-version-7.html A recent joint survey of SEE News and VANGAVIS presents the Bulgarian Artificial Intelligence landscape in detail. It comprises a comprehensive picture of the AI ecosystem in Bulgaria, covering the main aspects of this growing sector. In addition to a presentation of leading AI vendors, prospective partners, and company technology specializations, the report includes details that may provoke the interest of global investors who seek local technology partners or prospective M&A targets. Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/bulgarian-ai-ecosystem.html https://sirma.com/news/bulgarian-ai-ecosystem.html Sirma Medical Systems announced signing an agreement for a global partnership and data integration with Innovation Zed. The latter is an Irish MedTech company, which designs connected health solutions that support drug adherence and Condition Management. The company strives to find novel and exciting possibilities for IoT healthcare, as the development of solutions that increase freedom and control to patients. Innovation Zed is actively developing and researching new methods to improve drug ad Mon, 28 Oct 2024 10:38:55 +0200 https://sirma.com/news/sirma-medical-systems-and-innovation-zed-announce-global-partnership.html https://sirma.com/news/sirma-medical-systems-and-innovation-zed-announce-global-partnership.html