Paramus-based Nuvolo, an Integrated Workplace Management System company, announced Wednesday it is expanding globally with two new European offices.
Nuvolo said it established a new European headquarters in London where its sales and operations teams will be based. The team will support a growing need for cloud-based facilities management software and modern IWMS, built on ServiceNow, Nuvolo said.
“Industry analysts project the size and growth rate of the IWMS market in Europe to be comparable to North America in the next few years,” Sean O’Donnell, general manager for EMEA, Nuvolo, said. “Nuvolo is extraordinarily well-positioned to translate its tremendous success in the US to Europe to address the growing need for modern facilities management and IWMS, built natively on the ServiceNow platform.”
The company also said it has opened a Technology and Innovation Center in Sofia, Bulgaria. The center will provide services delivery, partner enablement, customer success, innovation and quality assurance.
“Europe is strategic for Nuvolo and represents a substantial growth opportunity for our business. We are confident we can exceed our US-based growth rates as modernization and digital transformation drive new IWMS transactions in the marketplace. As a result, we are making a material investment in building out our business there with substantial expansion planned for 2019 – 2020,” Nuvolo CEO Tom Stanford said. “We expect Nuvolo to quickly emerge as the market leader for modern IWMS in Europe, leveraging our built-on-ServiceNow platform strategy.”