FINANCIAL PRESS RELEASES

comunicato | Rome, 15 May 2018

Engineering signs an agreement with Iberm√°tica for supplying water and energy-management solutions in Spain and South America

Engineering and Ibermática, the Spanish IT services company, have signed a collaboration agreement, enabling them to integrate Engineering's powerful Net@Suite of specific Energy & Utility solutions, with the products it already offers on the energy and water markets. The alliance will cover the Spanish and Latin American markets, the areas where Ibermática mainly operates.

Engineering is the Italian market leader in Digital Transformation. With over 10,300 employees and more than 50 offices (in Italy, Belgium, Spain, Germany, Republic of Serbia, Brazil, Argentina and USA), the Group manages IT initiatives in over 20 countries.

The rapid growth of Engineering is significantly linked to the success of its business in the Energy & Utility sector, for which it has developed, and markets, the Net@Suite; one of the most powerful ERPs on the market with specific solutions and implementations in over 160 companies, including ENI Gas & Power, EON and ENGIE. Net@Suite, included in the Gartner Magic Quadrant Report since 2009, is considered by the latter and IDC to be one of the worldwide leading products for the Energy & Utility market. Net@Suite is offered as the complete, integrated response to the new business and compliance needs of operators in the energy, water and integrated-cycle, district heating, environmental hygiene and public lighting markets. The Suite covers all processes in the Energy & Utility sector, with designated modules for user-management, CRM, administration and monitoring.

From January 2018, Net@Suite Cloud Edition is also available, which enables the Suite to be delivered via the Oracle Cloud at Customer (OCC) platform. Engineering's robust redesign has combined the advantages of the Cloud Service with the best security and data privacy management solutions in the Net@Suite Cloud Edition. For this reason, Engineering has chosen to offer the new Software as a Service (SaaS) on the Oracle Cloud at Customer solution and to supply it directly from the latest generation data centers managed by Engineering itself through its company Engineering D.HUB.

Ibermática will also integrate Geocall Work Force Management, an innovative modular software platform offered by Engineering for total operational management of in-field general and maintenance technicians in the largest international companies and also the Energy & Utility sector. Geocall WFM originates from the experience of the subsidiary OverIT and encompasses all the planning, scheduling, mobility and integration expertise with GIS systems to support companies managing teams and vehicles on the ground, coordinating and monitoring all the planned activities, optimizing works and ensuring compliance with stipulated contractual service standards. In line with process digitization, Geocall WFM today integrates the latest digital and mobile technologies, such as wearable, augmented, virtual and holographic realities.

"For Ibermática, the Net@Suite solution from Engineering perfectly completes the portfolio of services we offer to the Energy sector - says Manuel Baraza, Director of Utilities at Ibermática- This agreement represents a win-win alliance for both partners and fits perfectly with the objectives of the Ibermática 2018-2020 Strategic Plan".

"From Engineering's point of view, our alliance with Ibermática strengthens our presence on what we consider to be strategic markets - says Vincenzo Tartuferi Engineering's General Telco & Utilities Manager - As part of our strategy, aimed at pursuing collaborations such as this, Ibermática is the ideal partner in Spain and Latin America because it complements Engineering perfectly, both in terms of skills and coverage of the territory. We were looking for a solid and reliable System Integrator with the awareness that the best, long-term results are achieved by sharing a market vision and the ability to leverage Engineering's expertise for the Energy & Utilities sector as it surges ahead with its own development; Ibermática meets all these requirements. We are already working together on numerous opportunities and applications that are concrete, innovative and competitive, three equally key elements in our mission to support our customers".