Crayon Group Holding ASA (CRAYF)
Crayon Group Holding ASA operates in the Information Technology Services industry of the Technology sector, headquartered in Oslo, NO. The stock last traded at $13.85, down 4.94% on the session, giving a market capitalisation of $1.24B. On trailing twelve-month figures it carries a trailing P/E of 50.00, a net margin of 3.7%. Its beta of 1.33 implies it has historically moved more than the broad market.
Crayon Group Holding ASA, encompassing its subsidiaries, acts as a specialized IT advisory firm, focused on software solutions and guiding digital transformation initiatives. The company's operations are structured into distinct segments: Software & Cloud Direct, Software & Cloud Channel, Software & Cloud Economics, and Consulting. Its comprehensive service portfolio is segmented into several key areas: Assessment and Migration: This includes evaluating cloud readiness, migrating infrastructure, applications, and identities to cloud environments, implementing proofs-of-concept, managing cloud connectivity, and facilitating modern workplace transitions. Governance and Optimization: Offerings in this domain cover establishing robust IT governance frameworks, optimizing software licenses, effectively managing cloud expenditures, and deploying Software Asset Management (SAM) tools. Operation and Support: Services here encompass facilitating the adoption of modern workplace technologies, providing expert software and cloud advisory through a dedicated service desk, and offering extensive support programs. Data Platform and AI Solutions: Specialized services focused on developing and implementing advanced data infrastructure and artificial intelligence applications. Beyond these core services, Crayon also delivers specialized training programs in software and IT asset management. With a global footprint, the company operates extensively across the Nordics, Europe, the Asia-Pacific region, the Middle East and Africa, and the United States. Its corporate headquarters are situated in Oslo, Norway.
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