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Wolters Kluwer
-13.12%
IT / Professional services and software solutions
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Overview
Wolters Kluwer is a global information services company that provides information, software, and services to professionals in the legal, business, tax, accounting, finance, healthcare, and science sectors. The company has a presence in over 180 countries and employs approximately 19,000 people worldwide.
Wolters Kluwer was founded in 1836 in the Netherlands and has since expanded globally through a series of mergers and acquisitions. Today, the company is headquartered in Alphen aan den Rijn, Netherlands, with North American headquarters in New York City, United States.
The company's products and services are used by legal professionals, including lawyers, paralegals, and law firms, to research and stay up-to-date on the latest laws, regulations, and case law. In the business and tax sectors, Wolters Kluwer provides information and solutions for professionals in areas such as accounting, finance, and risk management.
In the healthcare sector, the company provides software solutions for hospitals, pharmacies, and healthcare professionals to manage clinical information, medication management, and compliance.
Wolters Kluwer also has a strong presence in the education market, providing textbooks and digital learning tools for students and educators in medical, business, accounting, and legal fields.
The company's vision is to be a leading provider of information and solutions that enable professionals to make critical decisions with confidence. Wolters Kluwer prides itself on its commitment to innovation and constantly evolving to meet the changing needs of its customers.
In addition to its business operations, Wolters Kluwer also has a strong commitment to corporate social responsibility, focusing on sustainability, diversity and inclusion, and community engagement initiatives.
Wolters Kluwer was founded in 1836 in the Netherlands and has since expanded globally through a series of mergers and acquisitions. Today, the company is headquartered in Alphen aan den Rijn, Netherlands, with North American headquarters in New York City, United States.
The company's products and services are used by legal professionals, including lawyers, paralegals, and law firms, to research and stay up-to-date on the latest laws, regulations, and case law. In the business and tax sectors, Wolters Kluwer provides information and solutions for professionals in areas such as accounting, finance, and risk management.
In the healthcare sector, the company provides software solutions for hospitals, pharmacies, and healthcare professionals to manage clinical information, medication management, and compliance.
Wolters Kluwer also has a strong presence in the education market, providing textbooks and digital learning tools for students and educators in medical, business, accounting, and legal fields.
The company's vision is to be a leading provider of information and solutions that enable professionals to make critical decisions with confidence. Wolters Kluwer prides itself on its commitment to innovation and constantly evolving to meet the changing needs of its customers.
In addition to its business operations, Wolters Kluwer also has a strong commitment to corporate social responsibility, focusing on sustainability, diversity and inclusion, and community engagement initiatives.
What is special about the company?
There are several things that make Wolters Kluwer a special company:
1. Industry expertise: Wolters Kluwer has a long history and extensive expertise in the industries it serves, such as legal, tax, accounting, healthcare, and finance. This allows the company to provide specialized and reliable solutions to its customers.
2. Global reach: With operations in over 40 countries and customers in more than 180 countries, Wolters Kluwer has a truly global presence. This allows the company to serve diverse markets and provide localized solutions worldwide.
3. Innovation: Wolters Kluwer is committed to innovation and invests heavily in research and development. The company is always looking for new and better ways to meet the evolving needs of its customers.
4. Comprehensive solutions: Wolters Kluwer offers a wide range of solutions across multiple industries, including software, information services, workflow tools, and data analytics. This allows the company to provide comprehensive solutions to its customers' needs.
5. Focus on data security and privacy: As a provider of solutions in highly regulated industries, Wolters Kluwer places a strong emphasis on data security and privacy. The company has robust security measures in place to protect its customers' sensitive information.
6. Corporate responsibility: Wolters Kluwer is committed to corporate responsibility and sustainability. The company's operations and solutions are designed to minimize its environmental impact and contribute to the communities it serves.
7. Strong customer relationships: Wolters Kluwer values its customer relationships and strives to provide excellent customer service. The company listens to its customers' feedback and uses it to continuously improve its products and services.
1. Industry expertise: Wolters Kluwer has a long history and extensive expertise in the industries it serves, such as legal, tax, accounting, healthcare, and finance. This allows the company to provide specialized and reliable solutions to its customers.
2. Global reach: With operations in over 40 countries and customers in more than 180 countries, Wolters Kluwer has a truly global presence. This allows the company to serve diverse markets and provide localized solutions worldwide.
3. Innovation: Wolters Kluwer is committed to innovation and invests heavily in research and development. The company is always looking for new and better ways to meet the evolving needs of its customers.
4. Comprehensive solutions: Wolters Kluwer offers a wide range of solutions across multiple industries, including software, information services, workflow tools, and data analytics. This allows the company to provide comprehensive solutions to its customers' needs.
5. Focus on data security and privacy: As a provider of solutions in highly regulated industries, Wolters Kluwer places a strong emphasis on data security and privacy. The company has robust security measures in place to protect its customers' sensitive information.
6. Corporate responsibility: Wolters Kluwer is committed to corporate responsibility and sustainability. The company's operations and solutions are designed to minimize its environmental impact and contribute to the communities it serves.
7. Strong customer relationships: Wolters Kluwer values its customer relationships and strives to provide excellent customer service. The company listens to its customers' feedback and uses it to continuously improve its products and services.
What the company's business model?
Wolters Kluwer is a multinational company that specializes in providing information services, software solutions, and expert insights for professionals in the legal, business, tax, accounting, finance, audit, risk, compliance, and healthcare sectors.
The company's business model is based on four key elements:
1. Diverse and comprehensive product portfolio: Wolters Kluwer offers a wide range of products and services, including print and digital publications, software solutions, online databases, training and consulting services, and webinars.
2. Focus on niche markets: The company has a strong focus on niche markets, serving professionals in specific industries and areas of expertise, such as legal, tax, and healthcare.
3. Subscription-based revenue model: Most of Wolters Kluwer's products and services are subscription-based, providing a steady and predictable revenue stream for the company.
4. Leveraging technology and data: Wolters Kluwer continuously invests in technology and data analytics to improve its products and services, deliver personalized solutions, and enhance its customers' experience.
Overall, Wolters Kluwer's business model revolves around providing professionals with high-quality, up-to-date, and relevant information and expertise through a diverse and comprehensive product portfolio, while leveraging technology and data to enhance its offerings and generate sustainable revenue.
The company's business model is based on four key elements:
1. Diverse and comprehensive product portfolio: Wolters Kluwer offers a wide range of products and services, including print and digital publications, software solutions, online databases, training and consulting services, and webinars.
2. Focus on niche markets: The company has a strong focus on niche markets, serving professionals in specific industries and areas of expertise, such as legal, tax, and healthcare.
3. Subscription-based revenue model: Most of Wolters Kluwer's products and services are subscription-based, providing a steady and predictable revenue stream for the company.
4. Leveraging technology and data: Wolters Kluwer continuously invests in technology and data analytics to improve its products and services, deliver personalized solutions, and enhance its customers' experience.
Overall, Wolters Kluwer's business model revolves around providing professionals with high-quality, up-to-date, and relevant information and expertise through a diverse and comprehensive product portfolio, while leveraging technology and data to enhance its offerings and generate sustainable revenue.
Interesting facts about the company
1. Wolters Kluwer was founded in the Netherlands in 1836 by Jan-Berend Wolters and Æbele Kluwer as a publisher of religious materials. The company’s headquarters are still located in Amsterdam.
2. In the 19th century, Wolters Kluwer established itself as a leading publisher of theological and legal materials.
3. The company’s first major expansion took place in 1963 when it acquired Kluwer Publishing, a company that specialized in scientific and medical publications.
4. Wolters Kluwer’s name combines the last names of its two founders, Wolters and Kluwer.
5. In the early 2000s, Wolters Kluwer shifted its focus to digital and software-based products, acquiring several companies and investing heavily in technology.
6. Today, the company operates in over 180 countries and has approximately 19,000 employees.
7. Wolters Kluwer’s products and services are used by professionals in a variety of industries, including legal, tax, healthcare, finance, and accounting.
8. The company is known for its integration of artificial intelligence (AI) and machine learning in its products and services to enhance efficiency and accuracy.
9. Wolters Kluwer has received numerous awards and recognitions for its digital solutions and innovations, including being named one of the world’s most innovative companies by Forbes in 2018.
10. In addition to its business pursuits, Wolters Kluwer is committed to corporate social responsibility and has several initiatives in place to support sustainability, diversity, and employee well-being.
See Company Due Diligence:
2. In the 19th century, Wolters Kluwer established itself as a leading publisher of theological and legal materials.
3. The company’s first major expansion took place in 1963 when it acquired Kluwer Publishing, a company that specialized in scientific and medical publications.
4. Wolters Kluwer’s name combines the last names of its two founders, Wolters and Kluwer.
5. In the early 2000s, Wolters Kluwer shifted its focus to digital and software-based products, acquiring several companies and investing heavily in technology.
6. Today, the company operates in over 180 countries and has approximately 19,000 employees.
7. Wolters Kluwer’s products and services are used by professionals in a variety of industries, including legal, tax, healthcare, finance, and accounting.
8. The company is known for its integration of artificial intelligence (AI) and machine learning in its products and services to enhance efficiency and accuracy.
9. Wolters Kluwer has received numerous awards and recognitions for its digital solutions and innovations, including being named one of the world’s most innovative companies by Forbes in 2018.
10. In addition to its business pursuits, Wolters Kluwer is committed to corporate social responsibility and has several initiatives in place to support sustainability, diversity, and employee well-being.
See Company Due Diligence:
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