News

03 Jul 2023

Great announce coming

We're delighted to announce that we're celebrating our 10th anniversary ! We would like to express our sincere gratitude to our talented team, loyal customers and valued partners who have contributed to our growth and success throughout these 10 years. Your trust and support have been essential in propelling us to new heights.

For the coming years, continuing to grow and develop remains our main objective. We look forward to taking on new challenges and continuing to offer innovative solutions to our customers. The entire team is also keen to express its commitment to excellence, innovation and sustainable development, which remain at the heart of our mission.

PS : A major event is planned for later this year to commemorate this decade of success. Stay tuned, as we'll be sharing more details about this special event soon!

16 Jun 2023

Luminus uses WiDE software to monitor its renewable electricity production in Belgium.

"I can't change the direction of the wind, but I can adjust my sails to always reach my destination."
- Jimmy Dean

Luminus, one of Belgium's leading producers of green energy, uses WideTech's WiDE software to manage the energy production of various renewable energy sources (such as solar, wind, hydro) located in the country.

The amount of data to be processed is such that spreadsheets are no longer a viable solution. Luminus therefore decided to replace Excel models with a simple, industrial tool capable of keeping pace with the growth of their wind farms.

With WiDE, Luminus can easily :

Consolidate and analyze indexes from multiple sources (PI, Bazefield, CSV/Excel and Argus)
Detect incorrect readings.
View monthly production data for the different renewable energy sources.

WiDE's alarming system also enables Luminus to spot any problems linked to incorrect readings or faulty meters. WiDE thus makes it possible to clean up and better prepare the index data that will be communicated to the corresponding Regions for obtaining green certificates.

Finally, the platform enables Luminus to easily manipulate data and provides comprehensive production summaries through streamlined dashboards for wind turbines, hydroelectric and photovoltaic power stations management.

07 Jun 2023

Excellent financial results for 2022

We are pleased to release strong financial results for 2022. Such positive achievements are the result of the hard work of our team, as well as the trust of our customers. Thank you everyone for your support and commitment !

Here are a few highlights:

- A solid 37% increase in revenues, double-digit EBITDA with positive cash flow. This growth comes not only from our existing customers, but also from the acquisition of new ones, mainly in water management and green energy sectors.

- An increase in recurring revenues (licenses) in line with our business model. This is largely due to our strategic alliances with partners in key segments.

- A reduction of our debt by 15%, further strengthening our financial condition.

We look forward to continuing the development of #WiDE, working with our partners and bringing innovative solutions to our customers.
The future looks bright for WideTech SA !