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Decode achieves Excellence in the first year and aims to quadruple revenue

In its first full fiscal year, Decode recorded a turnover of 580 thousand euros, above the projected 450 thousand euros.

[dropcap]F[/dropcap]or 2021, the goal is to quadruple the amount to 2.3 million euros and to reach a team of 60 employees, 24 more than in the same period last year. The Innovation and Technology company won 9th place in the Small Business category of the Excellence Index last February. Receiving the award for the prestigious study of organization and development of human capital in the year and a half of existence, confirms the commitment made to a model that fosters a decentralized and flexible way of working, work-life balance and personal and professional development.

Throughout 2020, Decode prepared the pillars for the growth now expected. Internally it developed innovative applications and invested in the formation of new talents, through the creation of academies supported by its Solutions area. During the first year, around eight applications were developed within the Decode ecosystem, as well as two additional applications within the Decode ON program.

12 professionals were trained, who entered professional life from partner entities such as ISTEC, Instituto Politécnico de Setúbal, Recodme and Academia de Código. A bet was also placed on the growth of skills, with 33 technical certifications and 44 training courses given among its 36 professionals during the 12 months.

The ambition of a strong increase in turnover for 2021 is based on the preparation work carried out last year, in the confidence of having an offer supported by a service model (Turn-Key or On Demand) suited to the digitalization challenges of companies, in the realization of the first Turn-Key projects, establishing a strategic partnership in the Brazilian market and launching the Up4Biz product.

This Data Driven platform, already in use at Decode, accelerates the decision-making process and the development of new businesses. It will be marketed from the second quarter of the year and is scalable to any company that needs to simplify its management processes and maximize results. A bet on the Decode ON Social Responsibility program will continue to be made with the assistance of four new entities at zero cost, one of them international.

João Reis Fernandes, Executive Director of Decode, says “the year 2020 was a challenge for everyone, demanding a change in the work culture and causing some fear in terms of investment in new projects. However, through the efforts of all those involved, we managed to overcome the goals we had set ourselves. Therefore, we want to maintain the tone and look at 2021 in a prism of growth, maturation and ambition. Whether through the consolidation of our presence in the national market, such as betting on international markets, replicating what we have been doing so far and increasing continuous improvements in it.”

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