Compliance Data Systems increases revenue
Compliance Data Systems (CDSys) yesterday reported revenue of HUF 1 billion for 2013, an over 50% increase over the HUF 655 million posted in ’12.
Upon announcement of the results, CDSys officials stated that the data security company has grown into the greatest entrepreneurship focusing on IT safety in the past six years, and has expanded its clientele significantly by distributing for the largest Hungary-based domestic delivery companies.
“CDSys currently considers the Hungarian market to be ready to reach Western European levels in terms of information safety,” read a company statement in part. “For this, not only are the state and corporate sectors important, but involvement of SMEs is also inevitable.”
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.