Sidetrade's Prominent Inclusion in Euronext's Tech Leaders
Sidetrade, a frontrunner in AI-driven Order-to-Cash applications, recently announced its inclusion in the prestigious Euronext Tech Leaders Index, a pan-European initiative that highlights the continent’s most innovative and rapidly growing tech companies.
This initiative, launched in 2022 by Euronext, represents a selection of the top 110 listed tech companies in Europe, aimed at enhancing visibility and providing targeted access to investors.
Criteria for Selection in the Index
Sidetrade's addition to the index underscores its adherence to the rigorous criteria set for inclusion:
- Success in developing technologies that have a transformative impact on markets.
- A market capitalization exceeding €300 million.
- A Compound Annual Growth Rate (CAGR) surpassing 20% over the past three years.
The Euronext Tech Leaders Index is updated periodically, and the next update will occur following market closure, further solidifying Sidetrade's status in the technological landscape.
Celebrating Achievements and Recognitions
Delphine d'Amarzit, the Chairwoman and CEO of Euronext Paris, articulated the importance of Sidetrade’s inclusion: "Sidetrade’s 20th anniversary of being listed aligns with the highest recognition within its market journey. Its position within the Euronext Tech Leaders signifies a notable achievement in growth and innovation among tech companies in Europe. This success is a result of the vision of its founder, Olivier Novasque, and the dedication of its teams."
Sidetrade embodies a forward-thinking approach to enterprise finance, where the use of autonomous systems is viewed as vital to operating intelligently within ever-changing environments. For Sidetrade, innovation is not supplementary; it is fundamental.
Aimie: The Intelligent AI Behind Sidetrade
At the heart of Sidetrade’s mission is Aimie, a groundbreaking AI that surpasses mere predictive analytics. Aimie operates as an independent agent, making informed decisions and adapting swiftly to optimize processes related to cash flow. From managing invoices to designing strategic engagements and accelerating cash collections, Aimie enhances performance through behavioral-based decision-making.
This sophisticated intelligence leverages Sidetrade’s Data Lake, described as the most extensive behavioral dataset for B2B transactions, totaling over $7.2 trillion in payment data. It combines machine learning, behavioral modeling, and collaborative intelligence, establishing Aimie as a proficient operator dedicated to maximizing enterprise performance.
Looking Toward the Future
Olivier Novasque, the CEO and founder of Sidetrade, highlighted the significance of this accolade, stating, "Joining the Euronext Tech Leaders is an honor for us. At Sidetrade, we have always pushed the boundaries and questioned existing paradigms. In the increasingly complex financial terrain, we believe that advancement is realized by enhancing human capabilities. Our technology is designed to refine human judgment, speed up actions, and bolster resilience across organizations. When machines augment human talent, the true potential of any organization can be unlocked."
As Sidetrade marks its 25th year of innovation, Novasque's strategic vision continues to pave the way for a transition from purely automated systems to real-time intelligent orchestration, reshaping the role of finance departments into proactive command centers.
Contact Information for Investors and Media
Investor & Media Relations:
Christelle Dhrif
Phone: +33 6 10 46 72 00
Email: cdhrif@sidetrade.com
About Sidetrade
Sidetrade (Euronext Growth: ALBFR.PA) provides a comprehensive SaaS platform focused on revolutionizing cash flow management. Utilizing its state-of-the-art agentic AI, Aimie, the company analyzes over $7.2 trillion in daily B2B payment transactions, forecasting payment behaviors and assessing risks across a vast network of 40 million buyers globally.
With over 400 skilled professionals operating from locations worldwide, Sidetrade serves a diverse clientele in more than 85 countries, featuring industry leaders such as AGFA, BMW Financial Services, and KPMG, among others. For more information, please visit www.sidetrade.com and follow us on LinkedIn for updates.
Frequently Asked Questions
What is the Euronext Tech Leaders Index?
The Euronext Tech Leaders Index is a selection of the top 110 European tech companies, highlighting those with significant growth and innovation.
Why was Sidetrade included in this index?
Sidetrade was included due to its innovative solutions, substantial market capitalization, and impressive growth rates over the last three years.
What role does Aimie play in Sidetrade’s operations?
Aimie is an advanced AI that enhances decision-making and optimizes cash flow processes, acting autonomously to improve efficiency.
How many employees does Sidetrade have?
Sidetrade employs over 400 professionals, providing support for global businesses across multiple regions.
What are Sidetrade's goals for the future?
Sidetrade aims to lead in transforming enterprise finance through innovative AI solutions, enhancing human capabilities, and attaining greater operational efficiency.
