Atende has lower results in Q3 but good prospects for the future
Atende Group’s performance in the 3rd quarter of 2019 was weaker than in the same period of the previous year. This is mainly attributable to weaker performance...
Atende Group’s performance in the 3rd quarter of 2019 was weaker than in the same period of the previous year. This is mainly attributable to weaker performance of the parent company, Atende, especially in the public sector.0.1 MB Download0.59 MB Download
“The Group recorded an increase in sales in all market sectors apart from the public sector, which gives good growth prospects in future periods. Only in the public sector and companies owned by the state treasury we recorded a slow-down. We believe that an important factor determining our unsatisfactory result was an understandable lack of investment decision making on the part of our customers,” says Roman Szwed, President of the Management Board of Atende SA.
In the 3rd quarter of 2019, Atende Group earned sales revenue of PLN 58,475 thousand, which represents a decrease by 25% y/y. In the same period, revenue in the public sector decreased by PLN 26.1 million. In spite of the general and administrative costs maintained at the level of the previous year, the results are significantly lower. In the reported period, operating profit stood at PLN 40 thousand (down by 99% y/y), EBITDA at PLN 3,996 thousand (down by 48% y/y), and the Group recorded a net loss of PLN 1,400 thousand compared to a profit of PLN 4,363 thousand in the previous year. In the 3 quarters of 2019, consolidated sales revenue was higher than in the previous year (PLN 205,593 thousand, up by 7% y/y). But the weaker 3rd quarter resulted in the cumulative gross profit on sales being lower by 5% y/y. The Group’s EBITDA reached PLN 12,955 thousand, which represents an increase by 12% y/y, while the net result YTD was negative and amounted to PLN 558 thousand compared to a profit of PLN 3,339 thousand a year earlier.
In the 3rd quarter of 2019, Atende earned sales revenue of PLN 41,992 thousand, which represents an increase by 33% y/y. The decrease in gross profit on sales by 52% y/y (to PLN 6,764 thousand), despite a slight decrease (by 5% y/y) in general and administrative costs, translated into weaker performance of the Company. At the operating level, a loss of PLN 1,724 thousand was recorded (compared to a profit of PLN 5,247 thousand a year earlier) and the Company posted net loss of PLN 2,040 thousand compared to a profit of PLN 4,150 thousand in the 3rd quarter of 2018.
One of the Group’s priorities is the development of permanent and subscription services. It is worth underlining that in the 3rd quarter, the consolidated sales margin for subscription services covered 54% of fixed costs of Atende Group.
The total impact of subsidiaries, offering to a large extent permanent services, on consolidated profits both in the 3rd quarter and in the period of three quarters, was positive. Among subsidiaries, Sputnik Software, Atende Software and A2CC had the most significant positive impact on the results. TrustIT and Atende Medica also delivered positive figures.
“In the last months, there were positive events in subsidiaries of Atende Group that have not yet been reflected in the consolidated financial results. The agreement between Phoenix Systems and Apator SA on developing elements of a new, intelligent electricity meter, as well as the agreement between Atende Software and All Media Baltics on implementation of Internet television based on the own system redGalaxy are two
examples of contracts with good prospects for the future. Also in the parent company it is worth underlining the achieving of good market position based on innovative products, especially based on the Blockchain technology,” adds Roman Szwed.
Atende SA recognised with EMEAR award “Architectural Excellence Partner of the Year: Data Center” during the global Cisco Partner Summit 2019
Atende was recognised with the Cisco “Architectural Excellence Partner of the Year: Data Center” award in EMEAR. Cisco presented the winners during the annual...
Atende was recognised with the Cisco “Architectural Excellence Partner of the Year: Data Center” award in EMEAR. Cisco presented the winners during the annual partner conference that took place in Las Vegas, Nevada. The Cisco Partner Summit Global awards are given to business partners who effectively address the challenges of modern business, aim to respect best business practices and reward best-in-class methodologies. Award-winning business areas of partners are the following: innovative processes, architecture-based successes, strategic programmes focused on business results, leveraging new opportunities and sales approaches.0.1 MB Download0.56 MB Download
“Cisco is proud to cooperate with leading partners to drive the digital transformation by creating advanced solutions and new approach to the needs of our customers,” said David Meads, Vice President EMEAR Partner Organisation at Cisco. “It is an honour to recognise Atende SA with an EAMEAR Partner Summit award as Architectural Excellence Partner of the Year: Data Center, which underlines even more the outstanding achievements of Atende in EMEAR.”
“The Architectural Excellence Partner of the Year: Data Center award recognises the efforts of many years in developing the expertise of our company. We are pleased to receive this award because it confirms our endeavour to build success of our customers with innovative IT solutions based on the highest level of technical expertise,” said Jacek Forysiak, Vice President and Chief Technology Officer at Atende SA.
The aim of the Cisco Partner Summit Geographic Regional awards is to recognise the best partners in particular technology markets in the whole geographical region. All laureates are chosen by a group of Cisco global partner organisation and regional directors.
Atende results: Good H1
In the 1st half of 2019, Atende Group had good results, better than in the 1st half of the previous year. In the whole Group, a consol-idated income from sales amounting...
In the 1st half of 2019, Atende Group had good results, better than in the 1st half of the previous year. In the whole Group, a consol-idated income from sales amounting to PLN 147,118 thousand (y/y increase by 28%) and a gross profit on sales of PLN 34,617 thousand (y/y increase by 11%) were generated. In its stand-alone statement Atende S.A. recorded revenue of PLN 119,160 thousand, which means an increase by 42% compared with the 1st half of the previous year and a gross profit on sales of PLN 19,366 thousand (y/y increase by 12%).0.09 MB Download0.59 MB Download
At the same time, the general and administrative costs of the whole Group increase only slightly (by 5% y/y), therefore, the following results improved: EBITDA (profit of PLN 8,959 thousand, up by 136% y/y) and net result (profit of PLN 842 thousand, compared to a loss of PLN 1,024 thousand in the 1st half of 2018).
Among subsidiaries, Sputnik Software, Atende Software and A2CC had the most significant positive impact on the results. TrustIT and Atende Medica also delivered positive figures.
As usual, the telecommunications and media sector accounted for the largest portion of Atende Group’s sales in the 1st half of 2019. They amounted to PLN 48.8 million (y/y increase by 11%), especially as a result of the executed by Atende expansion of data trans-mission infrastructure (including LTE technology) as well as settlement and billing of IP services for mobile operators. An important and promising achievement for the Group was the signing by Atende Software of an agreement with a leading media group – All Me-dia Baltics, operating in the Baltic states. The subject matter of the agreement was the implementation and adjustment of the redGal-axy platform developed by Atende Software for distributing multimedia content on the Internet.
The largest increase in sales of Atende Group was recorded by the industry, trade and services sector (up by 131% y/y to PLN 44.7 million). It is mainly attributable to the implementation of a number of projects by the parent company, the largest of which concerned the extension of network systems in Poczta Polska’s companies (total value of PLN 18.5 million) and security infrastructure in an energy company (PLN 6.6 million).
In the financial sector, the Group also generated sales higher by 29% than in the previous year (PLN 12.6 million). Mora than a half of this sum (55%) is attributable to the sale by Atende of IT solution to banks, among others, concerning security and virtualisation. On the other hand, revenue from public sector customers was similar to that of the 1st half of 2018 (PLN 41.0 million, down by 1% y/y).
“We are pleased to see a significant increase in revenue in the strategic areas of our business. We expect that the relatively worse result in the public sector will be improved in the upcoming reporting periods. We have the same hopes with regard to the energy sector in terms of smart networks. The significant investment effort in these directions should, thus, bring the expected results. But we are proba-bly most pleased with the success of Atende Software – obtaining an important contract outside Poland, and the successes of the Group’s subsidiaries in obtaining first contracts based on own solutions and products. A good example are the first successes regarding the implementation of solutions based on the blockchain technology by Atende S.A.,” adds Roman Szwed.
All Media Baltics implements a new generation OTT platform based on the redGalaxy technology
All Media Baltics, a leading media group, operating in the Baltic States, and Atende Software concluded an agreement, the subject of which is the launch of a modern...
All Media Baltics, a leading media group, operating in the Baltic States, and Atende Software concluded an agreement, the subject of which is the launch of a modern Internet television platform (OTT, over-the-top) aimed at users from Lithuania, Latvia and Estonia.1.09 MB Download0.62 MB Download
The platform will offer its users a wide range of local and international sports, information and entertainment content, television channels, films and TV series, as well as exclusive access to the own flagship productions of the All Media Baltics group. Platform users will be able to use it on various devices: smartphones, tablets, computers, devices equipped with the AndroidTV system and on SmartTV televisions.
The subject matter of the agreement is the implementation and adjustment of the redGalaxy platform developed by Atende Software, consisting of: back-end OTT and end-user applications for Web, Android, iOS, Android TV (with STB support), Samsung SmartTV and LG webOS. The platform will be integrated with existing content management systems and customer service management systems. Under the agreement, content security will be ensured based on Microsoft Playready, Google Widevine and Apple FairPlay DRM solutions. An important aspect of the platform is the multi-tenancy support, owing to which the service can be easily deployed for new brands.
“Atende Software offers a modern and advanced technological solution and can boast of successful implementations for the largest media groups. I am happy that by using a solution of Atende Software we will be able to offer our viewers entertainment of the highest quality,” says Jan Wykrytowicz, CEO at AMB Pay TV.
“We are proud that our solution was chosen in such a difficult and competitive tender procedure. Baltic states are Europe’s leaders with regard to digitisation and the possibility of launching our solution on three new markets is a very important step for us. redGalaxy will make it possible for All Media Baltics to provide new generation television services to the most important customer platforms. Thanks to the multi-tenancy the service will can be easily for many entities,” says Przemysław Frasunek, Multimedia Division Director at Atende Software.
About All Media Baltics
All Media Baltics is the biggest media group in the Baltic region whose owner since October 2017 has been Providence Equity Partners, a global player on the premium asset management market. Providence Equity Partners took over the shares from Modern Times Group (MTG). The All Media Baltics group consists of: leading television stations in all Baltic States, satellite pay-TV and OTT services as well as radio stations and other entities providing digital services in the Baltic region. The brands of All Media Baltics contain television channels: TV3, LNT, TV6, Kanāls 2, 3+, TV8, TVPlay Sports, TV1000 Premium; radio channels: Star FM, Radio Volna and Power Hit Radio; the biggest video portal AVOD TVPlay; the digital advertisement platform SmartAD; information and education websites: Skaties.lv, Uudised.ee, Buduaar.ee i TV3.lt, the biggest SVOD platform in the Baltic states – TVPlay Premium, and the leading DTH platform – TVPlay Home.
About Atende Software
Atende Software is a leading provider of the OTT technology in Central and Eastern Europe. redGalaxy is a comprehensive technological platform for Internet television, consisting of a content management module, system of content distribution, transcoders, content security systems, as well as customer applications for various endpoint devices. redGalaxy is used by major television broadcasters and mobile operators, such as TVN Discovery Poland and P4 (operator of the Play network). Every day the platform provides content to millions of end customers.
Spółdzielczy Bank Rozwoju chooses durable medium based on blockchain from Atende
Spółdzielczy Bank Rozwoju (SBR Bank) with headquarters in Szepietowo as the first cooperative bank of the BPS Group signed an agreement with Atende S.A. on the...
Spółdzielczy Bank Rozwoju (SBR Bank) with headquarters in Szepietowo as the first cooperative bank of the BPS Group signed an agreement with Atende S.A. on the implementation of a durable medium based on blockchain. It is the second, after the Cooperative Bank in Toruń from the SGB Group, local bank in Poland that decided to use the innovative technology.0.11 MB Download0.36 MB Download
In the first stage of the project, serial correspondence of public documents to the Bank’s customers will be launched, executed using the Atende ChainDoc service. The implemented solution brings a change in the ap-proach to customer care and significant savings – thanks to substituting paper correspondence in communica-tion with customers and traditional cash desk service with innovative IT tools.
The Management Board of Spółdzielczy Bank Rozwoju has no doubts that digitisation is the future of banking.
“We believe that changes aimed at adjusting the banking business to the reality of IT society should also involve local banks. Therefore, we want to be an innovation leader among cooperative banks
of the BPS Group. We hope that the initiated cooperation with Atende S.A. will make it possible for us to develop solu-tions meeting our customers’ expectations,” says Tomasz Gromada, acting President of the Management Board of SBR Bank.
As part of the agreement, a solution based on the blockchain called Atende ChainDoc, Signature Application and Online Customer Panel will be implemented. The recorded documents will be stored in data centres of EXEA as part of the WORMaaS service and made available to customers using the existing electronic banking platform.
“We congratulate SBR Bank on its decision to be innovative and fully digitised. Apart from the significant change in the customer care model, the new solution makes it possible to obtain significant cost benefits and is another step in the execution of environment-oriented strategic goals,” says Jacek Szczepański, Operations Vice-President at Atende SA.
SBR Bank is associated with Bank Polskiej Spółdzielczości S.A. It operates in all counties of the Podlaskie Voivode-ship, in the Warsaw agglomeration, 13 counties of the Mazowieckie Voivodeship and 4 counties of the Warmian-Masurian Voivodeship. Currently, the customers of SBR Bank are served in 17 branches in the listed area.
With regard to the balance sheet total, SBR Bank ranks high, among 321 cooperative banks belonging to the BPS Group.
The project executed at SBR Bank is another commercial implementation of own solutions based on the block-chain and developed by the R&D division of Atende S.A. ChainDoc meets the requirements specified for durable mediums by EU law, national law
and regulatory authorities. Settlement is done in a service model, in which the customer pays for the resources actually used.
“Cooperative banks more and more often turn to digitisation that brings tangible effects not only in terms of reducing the bank’s operating costs. Digitisation is also a chance to create a modern image of the bank, improve relations with customers and increase their involvement,” adds Jacek Szczepański.
NASK SA is the Central Trusted Node in private blockchain networks developed together with Atende SA
Atende SA signed an agreement with NASK SA on starting cooperation as part of the blockchain technology solution offered to customers. In line with the new agreement,...
Atende SA signed an agreement with NASK SA on starting cooperation as part of the blockchain technology solution offered to customers. In line with the new agreement, the servers of NASK SA will serve as the Central Trusted Node in private blockchain networks. NASK SA also intends to build its own products based on the joint blockchain solution and offer them to customers.0.1 MB Download0.43 MB Download
In accordance with the concept of private blockchain networks executed by Atende SA in cooperation with NASK SA, NASK SA will ensure that transactions in blockchain networks are prioritised and their authenticity verified. Shortcuts of digital documents and data on transactions recorded in blockchain gain an even greater guarantee of invariability of information and security of the highest standard.
“Blockchain is a new technology that has a potential to substantially change the manner in which partners operating in a digitally connected ecosystem share information and use business rules. The technology makes it possible to create a completely new class of distributed applications and will be of great importance for innovations in the area of models and business processes,” says Wiesław Łodzikowski, Director of Technology at NASK SA.
Based on the blockchain technology, Atende SA has developed a solution called ChainDoc that uses a private node network. ChainDoc is built on an open code of the blockchain engine, which ensures the transparency of the solution and provides certainty about the extent of its operation. It is at the same time a closed and a private blockchain based on defined participants and the trusted computer nodes located in Poland. As part of the agreement with NASK SA, Atende SA as the Blockchain Network Administrator is responsible for the technical side of the networks created.
“Transactions in the blockchain are irreversible and fully secured. The history of records in the database based on the blockchain can be reviewed and verified, which means that audits can be conducted and inspires greater trust,” says Jacek Szczepański, Operations Vice-President at Atende SA. “It is worth reminding that in a blockchain network each computer node stores a copy of the database, so there is no single failure point.”
In the blockchain, each piece of information is encrypted before it is added to the chain of historical records as a new block. It is impossible to make any changes to historical data due to the fact that the same copies of the whole chain are stored on different servers distributed around the network. Additionally, in the ChainDoc solution, the documents recorded do not go beyond the customer’s environment and there is a mechanism exercising the right to forget under the GDPR. Thanks to these features, the solution meets all the requirements regarding communication with customers, enabling documents to be supplied to final customers in electronic form.
The agreement between Atende SA and NASK SA covers also the possibility of using Atende ChainRepo. This solution makes it possible to automatically record paper documents in the blockchain networks, archive, search and index electronic documents, both by customer organisations and end customers.
Very good 1st quarter of 2019 in Atende Group
In the 1st quarter of 2019, Atende Group performed much better than in the 1st quarter of the previous year. Owing to a 30% year-on-year increase in sales that amounted...
In the 1st quarter of 2019, Atende Group performed much better than in the 1st quarter of the previous year. Owing to a 30% year-on-year increase in sales that amounted to PLN 74,112 thousand, a gross profit on sales of PLN 17,778 thousand was generated, higher by 18% than in the first quarter of 2018. With the general and administrative costs remaining on a similar level, Atende Group reported an improvement in operating result (profit of PLN 2,204 thousand, compared to a loss of PLN 35 thousand in the previous year), EBITDA (profit of PLN 5,600 thousand, up by 187% y/y) and net result (profit of PLN 1,228 thousand, compared to a loss of PLN 123 thousand in the 1st quarter of 2018).0.08 MB Download0.59 MB Download
The main reason for the good result is the business of the parent company. Atende registered an increase in gross profit on sales by 42% y/y (PLN 10,350 thousand), which with a slight increase (3% y/y) in the general and administrative costs, contributed to a significant improvement in net result (profit of PLN 997 thousand, compared with a loss of PLN 825 thousand in the previous year). On the other hand, among subsidiaries, Sputnik Software, Atende Medica and Atende Software had the most significant positive impact on the results.
“The IT market is characterised by seasonality of sales and typically lower revenue in the 1st quarter. The achieved good result of Atende, therefore, gives us hope for good sales results in the following quarters,” says the President of Atende SA Roman Szwed.
In the 1st quarter of 2019, Atende Group’s sales in all reported sectors were higher than in the previous year. The highest revenue (PLN 27.7 million) and the biggest increase (by 54%) as compared to the same period of the previous year were recorded for customers of the telecommunication and media sector. The good result is attributable, among others, to the execution by Atende of projects based on the key specialisation connected with the expansion of the infrastructure for data transmission for mobile operators, including LTE technology. The sale of the subscription service based on an own solution for settlements and billing of IP services was also important. Among the subsidiaries, significant was the developed cooperation of Atende Software, among others, with TVN S.A., and further cooperation with P4 sp. z o.o. (operator of the Play network). Development of the network infrastructure during this period made it possible for Atende to handle record traffic related to the distribution of multimedia content, reaching 430 Gbit/sec. in peaks.
Equally important in the 1st quarter of this year was the revenue of Atende Group from the public sector customers, which increased by 15% y/y and amounted to PLN 26.2 million. The greatest influence on this result had projects implemented by Atende for the Ministry of National Defence (total revenue in the 1st quarter of 2019: PLN 5.9 million) as well as the modernisation and implementation of new solutions and e-services of the Nationwide 112 ICT Network for the Polish Police Headquarters (PLN 9.3 million). It is also worth mentioning a new project executed by Sputnik Software: “e-services between the Vistula and Kampinos – part 1” (with the gross value of PLN 4.9 million). Additionally, Atende Medica signed an agreement on the development of e-Health services in the Psychiatric Hospital in Węgorzewo (worth PLN 2 million gross). The company also completed two projects for the Bielański Hospital in Warsaw, with a total gross value of PLN 1.2 million, concerning the implementation of an innovative queue system and e-services.
In the 1st quarter of 2019, sales of Atende Group to the financial sector’s customers, which are practically entirely generated by Atende, increased by 56% as compared to the same period of the previous year and amounted to PLN 9.5 million. The most important was sales to banks, among others, the extension of a virtual infrastructure at a bank (PLN 5.0 million).
Sales to customers in the industry, trade and services sector, including energy, increased (by 5%) from the previous year and amounted to PLN 10.7 million. This increase in sales is mainly attributable to the implementation of a number of projects by Atende, the largest of which concerned the extension of an ICT network infrastructure (PLN 1.5 million). Special attention should be paid to the software for an intelligent gas meter developed by Phoenix Systems in cooperation with Apator Metrix as well as execution by A2CC of a framework agreement on support services and development of customer systems in the gas sector (as part of a 3-year agreement).
“We are consequently striving for an increase in sales in all market sectors,” underlines President Szwed. “In the first quarter of this year we managed to achieve this goal. However, we expect that the industry, trade and services sector, including energy, will this year bring significantly increasing revenue due to the visible growth related to the need to intensify the sector’s digitisation process. It is worth noting that 6 subsidiaries of Atende Group have interesting products aimed at implementing digital innovations in the energy sector.”
2018 is a year of development for Atende
The year of the relatively good market conditions was used in the Atende Group to invest in the development of new products and services. The Atende Group's financial...
The year of the relatively good market conditions was used in the Atende Group to invest in the development of new products and services. The Atende Group's financial performance in 2018 was slightly weaker than in the previous year, but the enormous scale of development efforts made at that time by Atende and the Group companies should bring tangible financial benefits already in 2019.0.1 MB Download0.18 MB Download
In 2018, consolidated sales revenue amounted to PLN 275,606 thousand, which represents a decrease by 5% as compared with the previous year, primarily due to the lower sale to the telecommunication and media sectors (decline by 20% y/y) and to the public sector (decline by 3% y/y). However, this does not change the fact that these sectors remain key for the Group and account for a total of 71% of its revenue. In 2018, sales to customers of the industry, trade and services sector increased by 15% and to the financial sector by 10% compared to the previous year. Ultimately, the net result of the Group decreased by 16% y/y to PLN 10,672 thousand.
At the individual level, the sales revenue of Atende decreased by 11% as compared to 2017 and amounted to PLN 208,243 thousand. However, due to the significant financial gains in 2018, the net result is much better than in 2017 (an increase of 41% y/y to the level of PLN 10,679 thousand).
- in 2018 we put emphasis on the development of innovative products based on, inter alia, artificial intelligence, blockchain technology, the IoT solutions and big data, thereby creating a strong basis for increasing revenue in 2019 and subsequent years. 2018 was another year in which we recorded a growing significance of subsidiaries and their products and services in the Atende Group – says Roman Szwed, President of the Management Board in Atende S.A.
In 2018, subsidiaries generated EBITDA of PLN 13.1 million which accounted for more than half (54%) of EBITDA generated by the entire Atende Group. The largest contributors to this result were two companies: Atende Software and Sputnik Software. Both companies produced a net profit of PLN 3.4 million each. Atende Software, which is the leader in Poland in the field of online distribution of multimedia content, increased its revenue from these services by as much as 21%! Sputnik Software, which develops software and provides services for the public sector, mainly for the local government administration, generated 11% increase in sales revenue.
- Our biggest achievements in 2018 include an increase in sales of subscription services, giving a comfort of predictability of revenues, which was observed out both in Atende and in the Capital Group companies. In subsequent years, we intend to continue to increase the share of sales of subscription services in the total Group income, mainly based on proprietary products and software – says Roman Szwed.
In 2018, the total margin on sales of subscription services increased by 9% y/y and amounted to PLN 41.9 million, thus covering 47% of fixed costs of the entire Group. In 2018, the Group both increased its sales of services offered to date and expanded their portfolio. In the past year, the Atende Group extended a range of subscription services by proprietary solutions based on the blockchain technology, offered and implemented by Atende, and services using big data technology, developed by the company Energy Data Lab in collaboration with Kantar Polska S.A. The increase in subscription sales is an important element of the entire Group’s strategy for subsequent years.
In 2018, the company of the Atende Group has made a significant financial and organizational effort in the field of development works, which should be the basis for growth in subsequent years. The Group implemented five projects co-financed by the aid funds. In addition, the company from the Atende Group have developed a number of innovative products, ranging from systems based on artificial intelligence, blockchain and big data technologies, through technologies necessary to implement the 5G technology, to products such as air quality measurement stations, cards blocking unwanted readings of proximity cards or smart gas and electricity meters. Some of the products went through the commercialisation process in 2018, the effect of which in the form of increased revenues should already be apparent in 2019.
- We are planning to continue our current practice of developing new, innovative products and services intended for the Polish market, but also targeted to foreign markets. We are counting on the year 2019 to be a breakthrough year in entering with our innovative products on global markets – announces Roman Szwed.
The Cooperative Bank in Toruń (BS) is implementing blockchain in the customer service system
The Cooperative Bank in Toruń is implementing a unique digital customer service system based on block-chain technology. This is the first local bank in Poland,...
The Cooperative Bank in Toruń is implementing a unique digital customer service system based on block-chain technology. This is the first local bank in Poland, which decided to use blockchain technology. The project, carried out in cooperation with Atende, is part of the philosophy of making modern forms of cus-tomer service generally available.0.11 MB Download0.26 MB Download
The customer service digital system is one of the key projects of the new Development strategy of BS Toruń for 2018-2020. The solutions implemented entail a radical change in the customer service approach. Owing to innovative IT tools the use of paper documentation will be limited. Customers will be remotely provided with a wide range of ser-vices and will sign documents via SMS codes. The application of Atende ChainRepo will enable the digitalisation of documents with biometric signature and their archiving. Both the customer and the Bank will have access to electron-ic documentation at any time, without needing to search for printouts in cabinets and files, without unnecessary stamps and initials.
We are introducing automatic digitisation of documents using blockchain technology as one of the key elements of our Strategy. We are trying to eliminate all nuisances so that the use of our services is even simpler. The system meets the requirements of a durable medium, which will enable us to dispense with unnecessary and cost-intensive work, says Grzegorz Flanz, Vice-President of the Management Board of BS Toruń.
Atende ChainRepo allows for archiving and the search and indexing of electronic documents, both by the bank and by customers. The tool is integrated with the service of a durable Atende ChainDoc medium, automatically recording documents in the blockchain network – one of the safest forms of data retention. The documents recorded in Chain-Doc do not go beyond the customer's environment and there is a mechanism exercising the right to forget under the GDPR.
The currently created electronic repository of documents shall be a panel available to the customer also after a possi-ble termination of the agreement with the bank. All documents dedicated to the customer will be made available to him/her, including the implementation of the “right to forget” functionality – explains Łukasz Kotlarz, Leader for the digitisation of BS Toruń.
Chaindoc is built on a confirmed, open code of the blockchain engine, ensuring the transparency of the solution and providing certainty about the extent of its operation. It is at the same time closed and private blockchain based on defined participants and the trusted computer nodes located in Poland – such as Atende and Exea data center in Toruń. Thanks to these features, the Atende solution meets the requirements of the Office of Competition and Con-sumer Protection (UOKiK), enabling documents to be supplied to final customers in electronic form.
Blockchain is a technology of the future. The Cooperative Bank in Toruń is the first cooperative bank in Poland, which has implemented the blockchain-based solution and we believe that other banks will soon follow. We are proud that we can be part of this project – comments Jacek Szczepański, Vice-President of the Management Board of Atende S.A. – The project is perfectly integrated with the Atende strategy for 208-2019 concerning the development of sales of own innovative services.
First e-referral in Poland issued thanks to Atende Medica
On Wednesday, 12 December just before 6 pm, on the P1 platform, there was a historic, first in Po-land, e-referral. The electronic document was issued by a medical...
On Wednesday, 12 December just before 6 pm, on the P1 platform, there was a historic, first in Po-land, e-referral. The electronic document was issued by a medical facility using Atende Medica soft-ware.0.12 MB Download0.35 MB Download
The P1 platform 1 allows for sending electronic referrals. On the evening of 12 December (at around 6 pm), one of the Warsaw’s health care centers, using the Medicus On-Line system developed my Atende Medica from the Atende Group, registered its first e-referral on the P1 platform. Thus, e-referrals moved from a pilot phase to the production phase.
As opposed to e-prescriptions, where only some software producers took part in the pilot and activation phases due to the imposed, small geographical areas, the e-referral pilot phase could be tested by any-body. However, Atende Medica is the first company to have sent an e-referral to P1 – says Tomasz Ju-dycki, Vice-President of the Management Board of Atende Medica.
The implementation of e-referrals will make it easier particularly for those patients who reserve their visits by phone or via the internet. So far, they have had to physically deliver a paper referral. At pre-sent, it is sufficient to make it available remotely to a medical facility. It will also make things easier for the facility itself, as it will receive full patient’s data in the e-referral, and the patient’s card will be reg-istered automatically, while the facility employees will not have to waste their time rewriting all the phone and address data in the system.
According to the Regulation of the Minister of Health dated 8 September 2015 on the general terms and conditions for the provision of healthcare, from 1 January 2019 onwards three documents – the hospital treatment information card, the hospital admission refusal card, and the specialist notice to the referring physician – will be issued only in electronic form. Soon, it will become obligatory to issue e-sick notes, as well as e-prescriptions and e-referrals. In two or three years, such documents will be issued only in electronic form.
A significant part of medical centers and doctors do not have adequate tools or IT facilities to meet the new challenges. Atende Medica is trying to help them, providing free-of-charge software enabling them to meet the new requirements for issuing electronic documentation.
Our cloudiMed solution requires just internet access and any search engine. Therefore, every doctor who has a smartphone may start using Atende Medica's software today – says Tomasz Juricki.
Link to available software: https://cloudimed.pl/
Atende S.A. is one of the leading IT companies in Poland, listed on the Warsaw Stock Exchange since 2012. It has been implementing technologically advanced IT projects for over 25 years. We specialise in providing IT infrastructure services, network integration, IT outsourcing, cloud computing and cyber security. As a Capital Group, Atende addresses its dedicated offer to telecommunications operators, public administration bodies, the medical sector, the energy sector and the multimedia industry.