Ace Software Exports Ltd. Rights Issue (Ace Software Exports Rights Issue 2024) Detail

Incorporated on August 17, 1994, Ace Software Exports Limited. The company is primarily involved in document management, digital publishing, data conversion solutions, and technology consulting, utilizing efficient processing techniques and customizable conversion systems for clients in the USA and Australia.

To expand and diversify the business, the company has acquired Ace Infoway Private Limited (AIPL), which is engaged in product development, digital transformation, integration, data analytics, machine learning (ML), web and mobile application development, website development, platform migrations, e-commerce development, and cloud development for clients in the US and Australia.

Strengths:

1. Innovative technology solutions and a diversified business across multiple industries: providing a wide range of IT and software services such as publishing services, software consulting, digital services, and building solutions. Investments in modern technologies such as artificial intelligence (AI), cloud services, and data analytics, which enable the company to offer innovative and efficient solutions to complex business challenges
2. Customer-centric approach and diverse customer base: The company offers a comprehensive support service, including post-deployment assistance, maintenance, and regular updates that ensure confidence in the software and operational success. This approach helps the company build long-term relationships and customer satisfaction. The company can serve organizations across various industries, including publishing, healthcare, finance, education, and retail.

Key strategies

1. The company plans to expand its geographical footprint by opening new offices in India, the Philippines, UAE, and the UK while increasing its market presence in regions such as Australia, GCC, South Africa, Kenya, LATAM, Europe, and the Nordics. It also aims to increase market penetration by offering customized solutions in key industries such as manufacturing, chemicals, engineering, healthcare, education, and retail.
2. The company aims to expand its customer network through personalized, data-driven marketing, leveraging existing relationships, competitive pricing, and enhanced support services to attract and retain customers.
3. The company plans to offer customized solutions and enhanced support services to increase customer satisfaction and loyalty.

Primary Services:

1. Prepress: digital typesetting and creating books, magazines, newspapers, journals and catalogs.
2. Document conversion: With the increase in digital publishing, the main requirement is data exchange and integration, the creation of conversion workflows.