Worten Purugal

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Background:

Discover the latest software purchases and digital transformation initiatives being
undertaken by Worten Portugal and its business and technology executives. Each
quarter our research team identifies on-prem and cloud applications that are being
used by the 3500 Worten Portugal employees from the public (Press Releases,
Customer References, Testimonials, Case Studies and Success Stories) and
proprietary sources.

During our research, we have identified that Worten Portugal has purchased the
following applications: Oracle Retail (ex-Retek) for Retail Management in 2018,
Amazon Elastic Load Balancing (ELB) for Content Delivery Network in 2020, Intuit
Mailchimp Mandrill for Transactional Email in 2013 and the related IT decision-
makers and key stakeholders.

Our database provides customer insight and contextual information on which


enterprise applications and software systems Worten Portugal is running and its
propensity to invest more and deepen its relationship with Oracle, Amazon Web
Services (AWS), Intuit or identify new suppliers as part of their overall Digital and IT
transformation projects to stay competitive, fend off threats from disruptive forces,
or comply with internal mandates to improve overall enterprise efficiency.

We have been analysing Worten Portugal revenues, which have grown to $1.00
billion in 2021, plus its IT budget and roadmap, cloud software purchases,
aggregating massive amounts of data points that form the basis of our forecast
assumptions for Worten Portugal intention to invest in emerging technologies such
as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based
ERP, HCM, CRM, EPM, Procurement or Treasury applications.

Company Profile:
Worten is an electronics store provides home appliances, consumer
electronics and entertainment. This company is a private company. The
founder is Francisco Vaz Figueiredo. The company has aliases like: Worten,
WORTEN - EQUIPMENT FOR THE LAR, Worten Portugal, WORTEN -
EQUIPMENT FOR THE LAR, SA. The company is about Consumer Electronics,
Internet Services and Commerce and Retail. The company’s location is in
Matosinhos, Portugal. Similar companies like Worten include Petalite,
Foxconn, and Maplin Electronics.

Company History:
The first store Worten was inaugurated on March 12, 1996 in Chaves in
Portugal. Since then, each year is opening dozens of new stores across the
country. Currently, Worten has over 120 outlets in Portugal. For over 10 years,
and continue to present innovations and variety, Worten offers the best prices.
It is their greatest commitment to the market. This company commitment
was reinforced with a range of products carefully selected and high service
levels, assuming a distinctive character in the post-sales service. Worten
wants to accompany the trends and lifestyles their customers and their
consumption habits trying to surprise and anticipate their desires.

Strategy:
Currently Worten goes through a serious business transformation that may
last for 5 years. As a part of this strategy, Worten is going to still grow online,
invest in our marketplace and reinforce our omnichannel strategy, explains
Ferreira. Another during all one amongst one in every of our priorities are to
extend our product portfolio through the marketplace business model at
Worten.pt and Worten.es, beside services that continue to grow year once
year in a clear strategy of giving our customers additional and more
convenience. At a similar time, we tend to are reworking the corporate
through the digital transformation program, that Baringa has helped us to
design. In particular, Baringa has helped U.S. within the discussion and
conclusion of what the new principles to guide us ought to be and, mainly, in
the identification and steerage for the implementation of the primary two key
moments, or in alternative words, in the moments that have the foremost
impact on our customers.

At the moment, Worten's strategy is to push the digital culture, acting on the
organisational aspects and dealing methodologies of the company. “We
opened our digitalism hub last June, to be a distinct house from everyday life,
to be a pleasing space, and on top of all, to be a promoter of collaboration,
discussion and, consequently, faster, higher quality results. we tend to
conjointly created the slice and dice methodology, that divides a giant
downside into minor problems, up to the purpose of finding the unjust unit
and that we are very fast to act on this.” Since adopting this digital and agile
approach Ferreira has seen Brobdingnagian benefits, “The initial is that we
tend to are rising our customers' expertise since the approaches and no
matter results in the solutions are targeted on them. The second is that we
are abundant faster to act, to deliver results with choices that are supported
by data, serving to USA to prioritise, act so management implementation, and
at last the creation of the "safety net" for our teams, if they fail there's no
downside as they learn quickly from the error and take a look at once more
with larger likelihood of success.”

And our efforts to initiate and promote this new outlook and means of
operating in 2019 paid off since it's having an enormous impact on the way
we reacted to the Covid crisis. we tend to had no setup time to begin working
remotely as a result of we’re wont to cooperative tools and that we may
launch many initiatives and services to regulate our supply to new market
conditions in not up to three weeks!

In addition to driving improved lightsomeness at intervals its operations,


Worten is additionally wanting to vary it’s in operation structure, “it goes to be
an unvarying method so, as we grow, we will realise what changes we've got
to form to the model so a lot of and more individuals are involved, not least as
a result of we tend to believe it's the winning model. However, we are more
pragmatic than dogmatic, which implies that there are also things wherever
this formula isn't the foremost acceptable and there's no damage to keep
another one if that's the most effective means.” says Ferreira. Another key a
part of Worten’s strategy is that the design of the system design and therefore
the way it’s union and relates to the remainder of the organisation. In fact,
Ferreira explains that evolution at Worten “involves plenty of technology
‘entering’ the organisation and being a part of the means Worten works.”

Currently at intervals the organisation, Rui Cohen, Head of IT at Worten


explains the company’s use of business intelligence, AI (AI), net of things (IoT)
Associate in Nursingd cloud technology. “We powerfully believe that
knowledge and analytics can become one in all the foremost necessary
factors for future business fight and success. we have a tendency to envision
a completely integrated and unified data platform supported an open design
that's capable of ingesting, process and correlating massive volumes of
structured and unstructured data sets from multiple lines of business and
operational sources each in batch and in real-time, from internal and external
sources. At the core of our transformational design initiative seats such a
platform which will facilitate America reinforce our client centrical Associate
in Nursingd omnichannel strategy and reimagine the complete store
experience,” comments Cohen. “Another IT principle at the core of our
transformation is to adopt a cloud initial approach, which means that where
potential and economically cheap we are going to adopt cloud and SaaS
solutions to boost speed, lightness and innovation. additionally to those core
principles, Worten is additionally trailing the utilization of AI, machine learning,
linguistic communication process and IoT and that we will guarantee we
deploy them in an moral and trustworthy way,” concludes Cohen.

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