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Q-nnect: Present and Future
The world holds its breath. At Q-nnect we are making the next big step.
Ever since the foundation of Q-nnect in July 2017, we have experienced a roller coaster ride. Founding a company brings his own challenge, reaching break-even brought us a big relief and now we can proudly say, that Q-nnect has made it into the profit zone.
Our organization is constantly growing in expertise and experience. Customers recognize that and as result our reach and the awareness in general towards Q-nnect is rising. People start to believe in Q-nnect and want to be part of our community – the World of Q!.
What is disruptive and smart about us?
Our motto: Software should be "simple", "powerful" and "innovative".
We provide customers with an All-in-One low-code platform to leverage of all data of a company with just a few clicks. Consultants, departments, and freelancers can build data models without coding skills and sell and distribute it via the Q Store!. Our digital revolution begins on August 31st 2020. Customers can search and buy business content on our new homepage. Q-nnect provides the real added value for partners and customers to download business apps of any kind.
Our sales and the number of partners that trust in Q-nnect will continue to grow. In 2019, we were able to reach the profit zone for the first time.
In 2020, we have already surpassed last years revenue barrier. Our Q! team has about 25 members.
To achieve long-term success with the Q Store! we also provide a partner program for sales agents to sell digital products out-of-the-box. Our upcoming aim is to increase sales of Platform Q! via cross-selling. Sales agents have an state-of-the-art portfolio and Q-nnect can enlarge its ecosystem. The market potential is growing skyrocket.
Coronavirus was for Q-nnect also a topic, but we have managed to increase our revenue by 40% in the first half of the year and we are very optimistic to double our revenue again and to close a successful year 2020.
In 2021, we expect revenues to almost double with only moderate cost growth (+25%), stable earnings and positive cash flow.
This development is the result of a hard-working team, that dedicates every day to the company. Vision – Technology – Passion, all components aligned will help us to continue this development in 2020 and the upcoming years.
With great enthusiasm I can say that through recurring income flows and because of higher awareness on the market, Q-nnect will be established as one of the major players on the market. The sustainable investment protection for investors, partners and customers is the biggest advantage we can provide.
I want to say thank you to all investors, who believed in Q! from day one. Your trust and patience pays-off step-by-step and we are happy that you are on our side, stepping into the future. We accept all challenges the future holds for us, but we are certain, that nothing can stop our determination, because of this quote that is deeply in our hearts:
“For those who are crazy enough to think they can change the world are the ones who do it.”
All the best
Matthias Progscha (CEO and founder Q-nnect AG)
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