The favorable outcome found on the italian market will allow CYBEROO to be able to replicate the business model based on strategic distribution agreements also abroad.
The activity will initially concern the European market with particular attention to France and Switzerland, and will also take advantage of Gartner’s strategic support, further confirming the high level of technological excellence achieved, the quality and innovation of the solutions and the competitiveness of the offer. In a first phase, local distribution will be started, then will also be possible some M&A operations, aimed mainly at the purchase of market shares in specific geographical areas.
“Expansion abroad – says Fabio Leonardi, CEO of Cyberoo – comes now that our distribution model in Italy has been successfully tested and can therefore be replicated. In addition, the technological excellence of our innovative products already finds an optimal response, even above expectations. We are in line – concludes Leonardi – with what was communicated to investors during the IPO phase “.
Together with CEO Leonardi, the director and top manager Davide Cignatta will jointly take care of the internationalization process, to whom the BoD has also conferred the role of Channel Manager for Italy.