With three new contracts signed off (together with new deals signed earlier in the year) UK-based Pilat Media expects revenue for FY13 to be ahead of 2012, and operating costs too despite the new business requiring additional staff and more operating expenses. The deals (signed in Latin America, South America and Turkey) are worth c£3m in licence and implementation fees over the next 18 months for the provider of business process and content management software and services for the media sector. They are also significant because they extend its position in emerging markets, helping establish a baseline for further growth.
Pilat Media had a rough year but came out ahead in 2012, with new prospects stemming from the updated release of its IBMS suite (see 2012 progress for Pilat Media and 2013 promise). The main concern with the company is the cost of resources needed to support new contracts (and updates have also put pressure on operations previously). More automation, templates, and reusable resources would make for a more confortable operational environment.