Pershing Technology Services Corporation (PTSC, stock code: 7785), under the guidance of Taishin Securities Co., Ltd, held the pre-listing institutional investor briefing today (June 19), with plans to officially list on the emerging stock market on June 26.PTSC specializes in integrated hardware and software solutions, consulting services, and customized solutions. Offering clients end-to-end services from advisory, implementation, maintenance to security protection. PTSC began as a distributor of IBM and other international brands, and has since grown into a trusted leader in enterprise IT solutions, serving clients across diverse sectors such as finance, manufacturing, telecommunications, public sector, and education.

Chairman Sean Chen stated that PTSC’s technological foundation spans five key domains: digital innovation technology, digital financial technology, IT professional services, technology distribution and R&D innovation, continuously driving growth momentum. The digital innovation sector focuses on generative AI, AI customer service, and cloud applications; digital finance focuses on digital banking, payment solutions, and financial digital transformation; IT services encompass IT consulting, system implementation, 24/7 maintenance, and cybersecurity integration; the technology distribution business includes international brands like IBM and Microsoft; while R&D innovation emphasizes AI, cloud computing, fintech, and cybersecurity, creating a one-stop technology service ecosystem to promote innovation implementation and sustainable development.

The financial sector remains PTSC’s core client base, encompassing many of the leading financial institutions in Taiwan. PTSC supports banks in developing personal and corporate online banking platforms, mobile banking, VTM, digital payment, unmanned banking, and conversational banking interfaces. By adhering to a long-standing user-centric approach and leveraging highly integrated IT capabilities, PTSC empowers its financial clients to achieve digital transformation.

In the AI field, PTSC actively engaged in generative AI applications, independently developing innovative solutions such as AI customer service, AI knowledge management platforms, and contract generation & management tools to fulfill the rapidly diversifying needs of businesses in their digital and AI transformation journeys. Leveraging cloud-native microservices architecture, hybrid multi-cloud technologies, and enterprise-grade cybersecurity solutions, PTSC helps clients build IT infrastructures that are both flexible and secure. With over 30 years of experience in IT operations, PTSC provides end-to-end services—from consulting and planning to backend maintenance. These comprehensive offerings enhance operational efficiency and reduce information security risks.

In response to rapid global technological advancement and the wave of digital transformation, PTSC actively expands the technology ecosystem by establishing long-term partnerships with international industry leaders. Such as IBM, Microsoft, NCR, and HCL, broadening the depth of solutions and technical expertise to co-create value with clients.

As a long-term strategic partner of PTSC, Taiwan IBM General Manager Nelson Lee highlighted the solid 40-year collaboration between the two companies during his speech. He emphasized PTSC’s comprehensive capabilities, including technology distribution, consulting services, and solution implementation. He noted that PTSC is one of the few partners with deep expertise in both technical execution and practical industry applications. Nelson further affirmed that PTSC will continue to play a pivotal role in advancing AI adoption and bringing innovation into practice. According to the latest report by research firm IDC, Taiwan’s software market size is expected to grow from USD 2.97 billion in 2023 to USD 3.98 billion by 2027, with a compound annual growth rate (CAGR) of 8.0%.

Generative AI and cybersecurity demand are forecasted to be the main growth drivers in the market. IDC estimates global AI spending to reach USD 227 billion by 2025, soaring beyond USD 19.9 trillion by 2030, signaling the rapid rise of the AI economy. Regarding cybersecurity, Taiwan’s market size is projected to grow from USD 462 million in 2024 to USD 716 million in 2028, with a CAGR of 11.9%, indicating a promising market outlook.

For fiscal year 2024 (Year 113 in Taiwan’s calendar), the company reported revenue of NT$1.849 billion, gross profit of NT$315 million, gross margin of 17%, net profit after tax of NT$54.28 million, and earnings per share (EPS) of NT$1.63. Chairman Sean remarked, “Generative AI, cloud technology, and cybersecurity challenges are reshaping enterprise operating models. PTSC will continue to deepen technical expertise and launch more intelligent applications to assist enterprises in embracing transformation challenges.

Source: Yahoo! News