InnovateTech Solutions
Alejandro Franco
Start
Opening
01
Next
Opening
I will present InnovateTech Solutions’ Q3 2024 results, our main challenges, and recommendations for sustainable growth.
Info
Performance Overview
02
Next
Q3 was a very strong quarter.
Revenue reached €3.2 million, above our €3.0M target and up from €2.8M last year. We gained 18 new clients, exceeding the target of 15 and last year’s 12. Operationally, we also outperformed benchmarks:
Project completion rate: 94% vs 89% industry average. Client retention: 92%, up from 88% last quarter. Team utilization: 87%, slightly above our 85% target. These results confirm strong growth, efficiency, and client satisfaction.
Info
Challenges
03
Next
At the same time challenges remain.
Our business is still concentrated: 65% in Spain, 25% in Italy, 10% in France, which increases risk. We also face intense competition from TechConsult Europe, Digital Partners, and SmartSolution Group, particularly outside Spain.
Recommendations
04
Next
increase investment in France to balance our market exposure.
Support our teams
allocate resources to talent and infrastructure to sustain utilization without overloading staff.
Focus on high-value projects – maintain our 20% annual growth target by strengthening client relationships.
Conclusion
05
Next
Conclusion
In conclusion, Q3 2024 set new records in revenue, client growth, and project performance. Despite challenges, InnovateTech is well-positioned for sustained success. Thank you—I welcome your questions.
History of InnovateTech
Since our founding in 2018, InnovateTech has grown from 25 to 180 employees. We support European SMEs in digital transformation, with services in cloud migration, cybersecurity, and custom software development.
InnovateTech Solutions
Alejandro FR
Created on September 24, 2025
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Transcript
InnovateTech Solutions
Alejandro Franco
Start
Opening
01
Next
Opening
I will present InnovateTech Solutions’ Q3 2024 results, our main challenges, and recommendations for sustainable growth.
Info
Performance Overview
02
Next
Q3 was a very strong quarter.
Revenue reached €3.2 million, above our €3.0M target and up from €2.8M last year. We gained 18 new clients, exceeding the target of 15 and last year’s 12. Operationally, we also outperformed benchmarks:
Project completion rate: 94% vs 89% industry average. Client retention: 92%, up from 88% last quarter. Team utilization: 87%, slightly above our 85% target. These results confirm strong growth, efficiency, and client satisfaction.
Info
Challenges
03
Next
At the same time challenges remain.
Our business is still concentrated: 65% in Spain, 25% in Italy, 10% in France, which increases risk. We also face intense competition from TechConsult Europe, Digital Partners, and SmartSolution Group, particularly outside Spain.
Recommendations
04
Next
increase investment in France to balance our market exposure.
Support our teams
allocate resources to talent and infrastructure to sustain utilization without overloading staff.
Focus on high-value projects – maintain our 20% annual growth target by strengthening client relationships.
Conclusion
05
Next
Conclusion
In conclusion, Q3 2024 set new records in revenue, client growth, and project performance. Despite challenges, InnovateTech is well-positioned for sustained success. Thank you—I welcome your questions.
History of InnovateTech
Since our founding in 2018, InnovateTech has grown from 25 to 180 employees. We support European SMEs in digital transformation, with services in cloud migration, cybersecurity, and custom software development.