Support from European Union European Regional Development Fund
Ridango receives support (180 366,32 €) from European Union European Regional Development Fund for upgrading its software platform and sales capacity.
The goal is to increase the competitiveness of the company in export markets, which in particular requires a scalable software platform and an ability to make corporate sales everywhere in the world. For scalability, Ridango must simplify its software architecture, improve the overall quality of the user interface and facilitate customer-specific configurability.
“This will allow us to enter new markets and new customer segments, increase business revenues and improve company’s profitability while maintaining a strong financial position,” says Ridango’s CFO Kristjan Niinemaa.