Italian ICT Market Q1 2007 - Information Technology Italy

Italian ICT Market Q1 2007 - Information Technology Italy.

The Market Data for Q1 2007 have been published by Sirmi Spa the leading Italian Market Reasearch Company focused to ICT trade channels: IT market growing by 4% compared to Q1 2006, TLC stable, Consumer Electronics growing by 8%.

To see more details click here: Italian ICT Market Q1 2007 or send an email to info@trendeurope.com.

Nino Patane’ launches Buffalo Technology in Italy. Agreement signed with Esprinet.

Nino Patané launches Buffalo Technology in Italy. Agreement signed with Esprinet.

After six months from the startup of the operations in Italy, 650+ Italian resellers have already traded Buffalo’s products. On 6th June 2007 the Japanese Company Buffalo Technology (www.buffalotech.com) has signed a distribution agreement with the leading Italian distributor Esprinet SpA (www.esprinet.com). 

Esprinet (Italian Stock Exchange: PRT) is a major European player

in the wholesale distribution of IT and consumer electronics. Esprinet is the number one distribution company in Italy and Spain (40.000 resellers served, 500+ brands).
With a consolidated sales of €2.22 billion in 2006, using its unique internet-based business model, Esprinet is mainly addressing the small-medium-enterprises market (SME).Esprinet sales rank as the distribution company No.1 in Italy and Spain, the No. 4 in Europe and No. 9 worldwide.

According to the Strategic plan 2007-2009 the Key Strategic Goals of Esprinet are:

• In the next decade aim at becoming the European leader in Technology Distribution via both reinforcing the leadership in South Europe and entering at least one other Western European Market within the next three year

• Financial Targets for the next three years:
  • Consolidated sales growing up to:
  • € 2.62-2.71 billion in 2007
  • € 2.87-3.00 billion in 2008
  • € 3.10-3.24 billion in 2009
  • CAGR ’07-09: +9%
• EBIT expected in a range of
  • € 89-97 million in 2007 (3.5% on sales)
  • 102-111 million in 2008 (3.6% on sales)
  • € 113-123 million in 2009 (3.7% on sales)
  • CAGR ’07-09: +13%
• Net profit estimated up to
  • € 47-52 million in 2007
  • 58-64 million in 2008
  • € 68-75 million in 2009
  • CAGR ’07-09: +20%
• 3-year cumulated net cash flow2 in excess of € ~220 million - Esprinet considers compatible with the expected available financial resources cquisitions up to € 2.0 - 2.5 billion of sales in Western Europe with no need of a share capital increase

Buffalo Technology is a global manufacturer of innovative wireless networking, storage and multimedia solutions for the home and small business environments. The company is recognised as the Number 1 total PC peripheral manufacturer in Japan, and was the worldwide consumer NAS market leader in 2005 and 2006 (In-Stat).

For more information write to: info@trendeurope.com

PRESS RELEASE

Buffalo Technology Signs Distribution Contract with Esprinet S.p.A.
06/06/2007

Milan, 6th June - Buffalo Technology, leading global provider of innovative wireless networking, storage, multimedia and memory solutions, and Esprinet S.p.A., leading distributor of consumer IT products in Italy and Spain, announce today their commercial partnership aimed at the immediate distribution of the whole product portfolio of Buffalo Technology in Italy.

“Buffalo’s worldwide leadership is already consolidated (being the rising star of worldwide Distribution, wireless technology leader and Number One of the consumer Network Attached Storage (NAS) market), but the company’s activities in Italy started just recently. The great results achieved in the first 6 months of activity with our partners (650+ resellers) allow us to share an optimistic view about the development of our presence in this market” said Nino Patané, responsible for Italian Market Development for Buffalo Technology. “Esprinet S.p.A. fills a key position for the development of Buffalo’s channel in Italy: this distribution contract will boost our presence in this market to a new dimension.”. Buffalo Technology put their trust in Esprinet for their excellent logistics, the efficient IT infrastructure and their outstanding capability to address and support the channel through a winning mix of a highly appreciated online platform and a wide portfolio of reseller services.

“We are very proud that Buffalo selected Esprinet to support them in this strong expansion phase of their brand on the Italian market. Our interest towards Buffalo arises from the requests of our customers, asking for new, not devalued, high quality solutions with competitive pricing. Our partnership with Buffalo Technology allows us to strengthen our offer, targeting both the SME and the digital living application markets” comments Matteo Restelli, Country Manager Esprinet Italy.

Buffalo’s product portfolio includes its award-winning AirStation™ line of easy-to-use, high-performance wireless networking products for SME/SoHo and home users. With industry leading AOSS™ (AirStation One-Touch Secure System™) technology, users can simply build a secure wireless network at home or in the office at the push of a button.

The Award wining line of Storage solutions include the Network Attached Storage (NAS) - TeraStation for SME/SOHO and LnkStation for Home users ; external storage offer DriveStation for desktop solution and MiniStastion for portable solution. Also for the digital home environment, Buffalo offer LinkTheater a multimedia player.
Products on the Buffalo line can combine to offer a unique integrated WLAN, Storage and multimedia solution.
About Buffalo TechnologyBuffalo is a global manufacturer of innovative wireless networking, storage and multimedia solutions for the home and small business environments. The company is recognised as the Number 1 total PC peripheral manufacturer in Japan, and was the worldwide consumer NAS market leader in 2005 and 2006 (In-Stat).

Buffalo’s product portfolio includes its award-winning AirStation™ line of easy-to-use, high-performance wireless networking products for SME/SoHo and home users. With industry-leading AOSS™ (AirStation One-Touch Secure System) technology, users can simply build a secure wireless network at home or in the office at the push of a button.

The company’s storage solutions are addressing the needs of both the individual and the business, providing a versatile line of USB flash drives, portable and desktop hard drives and cost-effective network attached storage (NAS) solutions. Including its multimedia players, Buffalo is unique in offering integrated WLAN, storage and multimedia solutions for the digital home environment.

Buffalo’s strong international industry alliances with companies such as Intel, Broadcom™, Nintendo and Microsoft have allowed it to lead the industry in the development of the latest technologies into practical tools for the business and the home.

G7 - Global economic outlook

G7 - Global economic outlook. Finance Ministers and Central Bank Governors Meeting, 9/10th February 2007

According to the Finance Ministers and Central bank Governors of G7, the global economic growth is “more balanced”, while performance remains “favourable”.

Click here to read the final document outcome of the meeting (2 pages, pdf, 32K): Finance ministers global economic outlook.pdf

G7, “Group of Seven”, is the group of seven most industrially advanced nations: United States, Canada, United Kingdom, France, Italy, Germany, Japan. When extended to Russia, the forum is named G8. The European Union’s governement (European Commission) is also represented. The eigth countries, all together, represents 65% of the world economy.

Cebit 2007 - What’s the point in visiting the exhibition?

What’s the point in visiting CeBIT? CeBIT is the world’s largest ICT fair for digital ICT solutions designed for home and professional environments. The yearly spring visit to the “Hannover Messe” always gave both to businesses of any size and technically acquainted users the opportunity to gather first-hand information on new international ICT trends and solutions. It’s a matter of fact, that the information flood we experience daily through all web-based communication means definitely makes a mere informative visit to the CeBIT superfluous, although all exhibitors (6,262 in 2006!) still showcase their latest solution highlights and new products at CeBIT. So what’s the point in visiting CeBIT 2007? CeBIT has developed from the world’s biggest ICT exhibition to the world’s largest international ICT business platform. With an attendance of roughly 430,000 visitors in 2006 coming from the industry, the retail sector, banks, service providers, government agencies etc., the CeBIT is still the most interesting ICT expo being the biggest market place and barometer for the ICT industry. At CeBIT, hold every year in Hanover (Germany) you have the unique opportunity to join your peers, executives and managers, international business partners and potential customers. Personal contact is the only thing the newest information means cannot provide. This is the point in attending to CeBIT 2007, paying a visit to the major European exhibithon! The CeBIT 2007, organized by Deutsche Messe AG, will be held from Thursday, March 15^th to Wednesday, March 21^st 2007 at Hannover Exhibition Fairground (Messegelände), 30521 Hannover, Germany. Opening hours for visitors: 9:00 a.m. to 6:00 p.m. The CeBIT, History and curiosities. With the opening of the new hall 1 of the Hanover Messegelände 1970 coincided the launch of an exhibition for information technologies. The initially planned name for this trade show was “CeBOT” (German acronym for “Centrum für Büro und Organisationstechnik” - “Center for Office and Organization”) but short before start the Exhibitors’ Committee decided in favour of “CeBIT” from “Centrum für Büro und Informationstechnik” (Center for Office and Information Technology). The apparent hint of the second syllable to the smallest unit processed by computers (“bit”) was not planned at all, but turned out to be a very fortunate coincidence, especially in the light of the ICT technologies up-wind during the last 30 years. Due to the constantly increasing numbers of PC manufacturers and IT companies wishing to show their products and solutions at CeBIT, at the end of the 1970s Deutsche Messe AG dedicated also halls 2 and 18 to CeBIT. At the beginning of the 1980s CeBIT expanded further into Hall 3. 1986 Deutsche Messe AG took over the organization of CeBIT in Hannover each spring. Nowadays CeBIT covers almost all Hannover Messegelände for a whole week and has developed to the “World Center for Office, Information and Communications Technology”. According to CEBIT organizers more than 6000 exhibitors from around the world (70 countries) and more than 430000 visitors from all over the world attended the last edition of CeBIT, i.e. CEBIT 2006 edition

I will be at Cebit 2007 from 16th March until 2oth March 2007 and will be happy to meet companies looking to expand their business in Italy and Europe, looking for sales and marketing services or virtual subsidiary services or sales representatives / sales agency, or developing a sales channel and partners network or auditing and widening / improving their existing network of channel partners. 

European Union widens to 27 states and Euro zone widens to 13 Countries

From January 1° th 2007 the European Union widens to 27 States with the entry of Bulgaria and Romania; from the same date the Countries of the “Euro zone“ (the area adopting the Euro as single currency) will reach the number of 13 because of the entry of Slovenia in the “Euro“ currency system. The Euro, is the unit of currency introduced in 1999 as the composite monetary unit of the members of the European Union. The European Union was founded in 1957. The founding members of EU were, in 1957, Belgium, France, West Germany, Italy, Luxembourg and Netherlands. Denmark, Ireland, United Kingdom joined in 1973; Greece in 1981; Greenland (self-governing island belonging to Denmark located between Iceland and the northeastern coastal islands of North America, largest island in the world) in 1985; Spain and Portugal in 1986. In 1990 the DDR (i.e. the East Germany, the former communist country) entered the EU because of the reunification with West Germany. Austria, Finland and Sweden followed in 1995. Ten Countries joined European Union in 2004 at once: Cyprus, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia,Slovenia . At that point the Countries of the European Union were 25. On 1st January 2007 Bulgaria and Romania entered the EU too. Now the European Union’s democratic Countries are 27 in total, of which 13 have adopted the Euro as single currency. The current candidates for entering the union are: Croatia, country located in the Balkan area (formerly part of Yugoslavia), Macedonia, country in southeast Europe independent from Yugoslavia since 1991, ancient kingdom of Philip II and Alexander the Great in the Balkans, and Turkey, country in western Asia and southeastern Europe between the Mediterranean Sea and the Black Sea.