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«Data As the New Gold» Pioneer the Only Business Intelligence Company in Liechtenstein Called Ppmc Group Is Located in Ruggell

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«Data As the New Gold» Pioneer the Only Business Intelligence Company in Liechtenstein Called Ppmc Group Is Located in Ruggell 8|Region Wirtschaftregional|19. October 2019 «Data as the new gold» Pioneer The only business intelligence company in Liechtenstein called ppmc group is located in Ruggell. Managing Director Wolfgang Praschnig talks in an interview about the founding period, the growth prospects and the development of Ruggell as a business location. What would you describe as the greatest SOURCE: RETO MÜNDLE success of your company? First and foremost, I am proud to be Mr. Praschnig, how would you describe expanding the company from a one-man your profession? business to ten employees. There have Based on my education, I am officially always been milestones in between. I am an electrical engineer and an academic also pleased that we are perceived as a product development manager. competent small business that is not only However, the descriptions that more active in Liechtenstein, but also in aptly characterize my professional Switzerland, Austria, Germany, Sweden activities on a day-to-day basis are and even in the USA. Business Intelligence Developer and Business Intelligence Consultant. Which defeats did you have to accept? As a defeat, for example, I would What is the difference? describe the year 2016, in which we As a consultant, I am actually the already were a complete team offering adviser who handles the projects, and software development and business my developers then implement them. intelligence – and suddenly my company Among other things, the consultant is partner wanted to take another path. responsible for showing the companies With this step, our team was abruptly which key figures actually make sense reduced to three employees. At that time, and how to put all the data into one pot, a lot of competence was lost. Yet, we so that the management is able to see have now rebuilt it. the most relevant figures of the company at a glance. You are a native of Carinthia. What do you value about Liechtenstein and So in a nutshell, you offer companies especially Ruggell? the ability to visualize complex data I have resided in Vorarlberg for almost streams? 30 years. Liechtenstein is comparable to Yes, we work together with our Vorarlberg for me. I perceive both a customers on the specification and similar language and similar mentality. implementation of key figures and An I like both. The location is "casual". reports. The scope and intensity of our From an economic point of view, I services are also highly dependent on regard Ruggell and of course our customers, with whom we then Liechtenstein as a center in the border mutually make decisions base on their triangle as a truly top location. I also individual needs. Ultimately, our appreciate the close routes to the solutions function as central data hubs neighboring countries and thus to our which collect, consolidate and share customers. data. On some days, do you become aware of Can you give an example? how quickly the business location In manufacturing, for example, we go Ruggell in particular has developed? so far that we even set the order I definitely notice it. Meanwhile, there sequence for the machine. In short, our are also many smaller companies in expertise is to extract the most Ruggell, so start-ups that take root here. significant information from all of the We also work with other companies, available data of a company, allowing such as software developers. I like the us to carry out calculations and to «In Liechtenstein and in the Alpine Rhine Valley, we are whole interaction of these small present the results in a visually companies. The economy is booming: as comprehensible manner. the only company offering Business Intelligence» soon as a new office building is built, it is also already full. Although I do not Wolfgang Praschnig, CEO ppmc group know the recipe behind this Ruggeller growth, I do know that it works. (Rpm) Do you have any competitors in your moved to Triesen because I recognized Does this market really produce so also towards other products of the field of business? an interesting market here in much? market leaders in the field of Business In Liechtenstein and also in the Alpine Liechtenstein. In 2012, we really I see "data as the new gold." Every Intelligence. At any rate, we are Rhine Valley, we are the only company started growing. In 2019, we achieved company speaks theses days about constantly working to expand our offering services in this business field. another strategic milestone with the digitization. We collect all data from a portfolio, step by step. Like many other companies, we are foundation of ppmc analytics and the company and ultimately prepare it for also a partner of the software relocation within Ruggell. use. Today, when a manager sits at the What other strategic steps do you manufacturer Qlik, which is one of the PC in the morning, he sometimes has to plan? world leaders in business intelligence. How about the degree of personnel make business-relevant decisions as We already looking for another What differentiates us from other expansion? quickly as possible and the numbers location abroad. The location depends partner companies, however, is the fact As of 2012, only two of us were in the have to be in front of him. We build up on our customer focus. Switzerland and that we offer one hundred percent of company. In 2013, we expanded to exactly that and much more for Germany are currently under the entire portfolio of business eight employees as part of a business companies. consideration. intelligence services with the Qlik partnership. Unfortunately, this software. partnership broke up. Today, we have Nevertheless, there is a certain ten employees in the company. And we dependence on the software company When did the ppmc group get started? intend to keep growing. In 2025, we Qlik. That was in 2007. Two years later, I want to have 25 employees working in Yes, in a sense, that's right. The trend is our company. .
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