About Misys PLC
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Corporate Strategy
Misys plc set out our strategy in March 2007 to turn around and improve the financial operating performance of the Company.
Our vision is to become the leading application software and services provider to the most important industries in the world, by providing customers with integrated, comprehensive solutions.
Misys understands that its customers look for scalable, reliable, long term software solutions to support complex business needs.
Our strategy builds on our existing strengths - strong products, an extensive customer base, a global footprint and a leading presence in emerging markets.
Our corporate strategy brings a greater focus on application software, services and complete solutions so that we can expand further along the software solutions value chain.
At the same time we are revitalising everything about the way we work as an organisation to embrace our opportunities.
We are simplifying, integrating and enhancing our portfolio of current products and are streamlining our business so that we can improve our innovation, customer responsiveness and speed to market with new initiatives.
We will engage customers more directly in our product development plans, seek new partnerships and collaborations and continuously innovate to capture market opportunities.
We are confident that re-orienting our entire business around creating more value for customers will deliver significant benefits for our customers, employees and shareholders.
Our CEO, Mike Lawrie, presented our strategy to investors and analysts on 8 March 2007. To see the presentation slides click here. To watch a video of the presentation click here.
On 24 July 2008 Misys announced that it had delivered ahead of schedule on the targets outlined for the first phase of the turnaround strategy. Given the progress made Misys updated the strategic goals for this second phase of the turnaround. To review progress against our strategic goals click here.
On 9 June 2010 Misys announced that Allscripts-Misys Healthcare Solutions, Inc. will merge with Eclipsys to create a clear leader in healthcare information technology. Misys announced that it would sell its majority stake in Allscripts and would return $1billion to Misys shareholders, while retaining a minority stake of Allscripts and Eclipsys shares, providing continued exposure to the healthcare market. Misys successfully concluded the disposal of controlling shareholding in Allscripts during August 2010.
Misys now has the opportunity to create a leadership position in Financial Services. We are investing in new solutions and services to help our customers meet the challenges post-financial crisis and become a trusted and valued partner.