(Finance) – SECOa company listed on Euronext STAR Milan and active in the field of technological innovation and the Internet of Things, has registered the highest monthly order intake value since its foundation: the new orders collected in the month of May they have in fact exceeded 31 million euros. This amount further increases the value of the backlog, which amounted to € 164 million as of April 30, 2022.
Both the orders received from new customers than those obtained from existing customers. Seco also notes “strong widespread demand in the vertical markets in which the company operates”. In particular, there was an acceleration, compared to the previous year, in the collection of orders in EMEA, APAC and USA areas.
“The record order level reached in May contributes to further increasing the visibility on our business – commented the CEO Massimo Mauri – We continue to support our customers in their digital transformation process. We are only at the beginning of a great industrial revolution, where technologies such as Artificial Intelligence, IoT and 5G will enable new business models: still untapped potential of our market is enormous“.