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Wolters Kluwer

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Wolters Kluwer Company Research Report



Company Overview



  • Name: Wolters Kluwer N.V.

  • Mission of the Company: Wolters Kluwer provides expert solutions that combine deep domain knowledge with technology and services to assist customers in making critical decisions every day.

  • Founded: No information is available

  • Founders: No information is available

  • Key People:

  • Stacey Caywood, CEO of Wolters Kluwer Health

  • Ralf Gärtner, Senior Vice President & General Manager, Wolters Kluwer CPM

  • Anjana Harve, Member of the Supervisory Board

  • Headquarters: No information is available

  • Number of Employees: No information is available

  • Revenue of the Company: No information is available

  • What is the Company Known For: Wolters Kluwer is a global leader in providing professional information, software solutions, and services for professionals across various domains including healthcare, tax and accounting, financial and corporate compliance, legal and regulatory, corporate performance, and ESG.


Products



  • CCH® Tagetik Intelligent Platform

  • High-Level Description: An AI-powered platform designed to enhance the efficiency, accuracy, and strategic functionality of the Office of the CFO.

  • Key Features:

  • Automates financial processes including financial close, consolidation, extended planning and analysis, ESG and regulatory reporting, corporate tax, statutory and management reporting, integrated disclosure, and intelligent analytics.

  • Utilizes AI and GenAI functionalities to aid finance professionals in managing large datasets swiftly and effectively.

  • Facilitates data democratization, insights generation, and accelerates decision making.


  • UpToDate Enterprise Edition

  • High-Level Description: Provides enhanced value and features for clinicians and healthcare leaders.

  • Key Features:

  • Incorporates AI-enabled search for robust analytics and insights, setting a high standard for clinical decision support.


Recent Developments



  • New Products and Features:

  • The CCH® Tagetik Intelligent Platform was launched with added AI capabilities to optimize the Office of the CFO.

  • AI Labs for UpToDate introduced faster AI-enabled search functionality and is testing GenAI-powered features for enhanced drug queries and clinical prompts.


  • Strategic Initiatives and Partnerships:

  • Wolters Kluwer's strategic plan "Elevate Our Value" focuses on three strategic pillars: investment in cloud-based expert solutions, transforming digital information products into expert solutions, and enriching customer experience through data analytics.

  • The company's continued investment in AI is manifested in their products' AI capabilities, aligning with market needs and digital transformation goals.


  • Recognition and Awards:

  • CCH® Tagetik Intelligent Platform awarded the Gold Globee® Award in the Financial Management Solution category.

  • Ranked first in the Dresner 2024 Wisdom of Crowds® FCCR Market Study.


  • Corporate Developments:

  • Appointment of Anjana Harve to the Supervisory Board, bringing extensive IT leadership experience.

  • Wolters Kluwer’s initiatives to increase digital adoption in auto finance and securitization markets, demonstrating resilience and adaptability despite economic challenges.


Additional Notes



  • Wolters Kluwer has shown commitment to innovation through implementation of advanced technologies and leveraging AI to support finance professionals and other users in various sectors.

  • The company emphasizes ESG performance and capabilities in its strategic endeavors, aiming to meet diverse market demands and enhance its service offerings.


This detailed report outlines Wolters Kluwer's current standing, its product offerings, strategic developments, and recent business activities, consolidating its position as a leader in supplying professional services and solutions globally.