Tagetik magazine selezione articoli by Nicola Ughi

TAGETIK IN TOUCH Event 2013 - Save the date CLUB HOUSE World of Excellence - Italy / Great Britain

GLOBAL PERSPECTIVE Hot Topic - The Rise of IT Spending in Asia 路 COVER STORY SIMONE SOLDATI 路

· welcome ·

Dear Friends, Welcome. It is with great pleasure that we introduce this completely new digital magazine. Tagetik Magazine, Performance with Passion is both a statement about our company, as well as a celebration of excellence in action. This magazine is meant to highlight the very best craftsmanship, heritage and performance, in every sense of the word, in Italy and from around the world. We hope it inspires readers to see the passion that drives our company from a new perspective and the passion reflected in the stories and images featured in our magazine. The name of the magazine incorporates the essence of the concept: every issue is an invitation to an exciting journey through the best that Italy, and the world beyond, has to offer from interviews with high-profile performers to well-kept secrets yet to discover, from to artisanal crafts made with time-honoured traditions to the latest technological innovations. We see this magazine as an entertaining and privileged way to communicate with everyone interested in corporate performance management. At Tagetik, we continue to be very proud of the quality of our software and tailormade CPM solutions that meet, and even surpasses, expectations. Tagetik, however, is not the only example of ‘performance with passion,’ which is why we have created this platform - to applaud all forms and actualizations of this motto. This first issue of Tagetik Magazine is very special to us and we hope you enjoy it.

The Tagetik Team

Moving the Finance function from scorekeeper to value-adding business partner A high-performing Finance function needs to balance the three competing objectives of control, efficiency and insight. In the last years, the focus has been on control and improving efficiency. Recently, this emphasis has shifted. Now, knowing how to gain the right insights is key. CEOs and CFOs alike want their Finance function to be smarter and faster – however, each organisation is unique and there is no onesize-fits-all solution. PwC supports you in putting business information at the heart of decision making – by having the right information available whenever you need it. Your contact at PwC: in Switzerland: Thea Caminada, thea.caminada@ch.pwc.com, +41 58 792 28 47 in Italy: Silvio A Varagnolo, silvio.a.varagnolo@it.pwc.com, +39 049 8734330 in Germany: Claus Michael Wiegels, claus.michael.wiegels@de.pwc.com, +49 69 9585 1084 in the Netherlands: Ron Martinek, ronnie.martinek@nl.pwc.com, +31 88 792 46 23

Helping organisations align support functions to business needs Putting business information at the heart of decision making – the right information, at the right time, at your fingertips

© 2013 PwC. All rights reserved. “PwC” refers to PricewaterhouseCoopers AG, which is a member firm of PricewaterhouseCoopers International Limited, each member firm of which is a separate legal entity.

TABLE OF CONTENTS

SWIPE FOR MORE

PROFILE

GLOBAL PERSPECTIVE

CLUB HOUSE

Today & Tomorrow

Latest Trends

Performance Art

THE EVOLUTION OF TAGETIK

REPORTING IN THE RECESSION

WATCH YOUR STEP: EDGAR MÜLLER

TAGETIK PERSPECTIVE

Athletic Performance

Hot Topic

INVENTED IN THE USA: SPORTS

THE PwC EXPERIENCE OF RINGIER

Your Passion

THE RISE OF IT SPENDING IN ASIA

ITALY’S COLDEST WINTER HOTSPOT

GLOBAL IMPACT

TAGETIK KICK OFF 2013

ROAD TO SUCCESS IN CHINA

World of Excellence

Travel Log

ITALY / GREAT BRITAIN

NORDIC REGION TAGETIK AROUND THE WORLD

ISSUE #01

· TABLE OF CONTENTS

| USER GUIDE

· TODAY & TOMORROW ·

The Evolution of Tagetik THE FOUNDER OF TAGETIK DISCUSSES THE EVOLUTION OF THIS FAST-GROWING COMPANY SPECIALIZED IN UNIFIED CPM SOLUTIONS Since it was founded, this company has evolved, grown and changed, all the while maintaining the same goal: to provide the best business solutions in the market of Corporate Performance Management (CPM). How did Tagetik get started? Tagetik is the realization of one of my dreams - to dedicate myself to business consulting for organization and logistics. In fact, Tagetik was founded in 1986 as a service provider called ‘Gruppo Servizi’, which offered consultancy services to companies through computer outsourcing, production organization and facility design. Each year, we have grown by listening to companies and finding personalized solutions to their · PROFILE

management problems. Our consulting service had to provide customized software solutions for our clients - this spurred the first stage of evolution - changing quickly from ‘Gruppo Servizi’ to ‘Tagetik.’ We chose to use the best technology on the market and develop the best CPM software to meet the needs of business management and control, while continuing to offer fully customized consultancy services tailored to fit business needs. Year after year, and client after client, we have become what are today. How is Tagetik today? Tagetik is a company that is expanding internationally with four operational branches around the world, workImages by Nicola Ughi

· TODAY & TOMORROW ·

ing in 22 countries through a network of qualified distributors and partners to serve more than 550 clients, yet it continues to be an independent, privately owned company. It is just what I dreamed and continues to be, as every day brings a new challenge. I am proud of the team we have created of young professionals and entrepreneurs who are successfully leading this rapid and expansive international development. This has been the second phase of our evolution, an exciting adventure which I have been able to experience from the helm. TAGETIK BEGAN TO OPERATE IN THREE LANGUAGES JUST FIVE YEARS AGO; TODAY, I CAN’T EVEN COUNT THEM ALL. FROM BUENOS AIRES TO DUBAI, FROM NEW YORK TO SHANGHAI, FROM SYDNEY TO PARIS, FROM CAPE TOWN TO OSLO. How much of the company’s DNA is still present today? Without a doubt, the team spirit has been with us all along, and I think that is worth a lot in a company like ours that has more than 300 employees. Everyone knows each other, managers and technicians went to college · PROFILE

together, colleagues vacation together with their families...It’s the part of our DNA that gives us strength because if there are problems, they are identified immediately and then we work together to find the solution. Is it true that this feeling of “family” extends to clients? Those who choose Tagetik choose to become part of our extended family, and not just in words. EMPLOYEES, PARTNERS AND CUSTOMERS ARE OUR ALLIES AND ARE IMMEDIATELY FOLDED INTO THIS ENTHUSIASTIC ATMOSPHERE WHERE WE WORK WITH PASSION. Our customers - large and small - become part of the Tagetik family. What is the advantage of your products? The difference lies in the fact that Tagetik doesn’t simply sell software. Tagetik sells solutions developed with our extensive management consulting experience. Our product is unique in the CPM market, innovative because it’s the first multi-plat-

· TODAY & TOMORROW ·

form solution capable of unifying financial processes through built-in features and components - a true advantage in terms of immediacy of implementation, reduced cost of integration and maintenance, in addition to complete financial abilities and skills. But it’s not just the product that makes the difference; it’s our ‘empathy’ with the client. We call it “Performance with Passion” and it means that we aim to share our passion, values and · PROFILE

culture even before the strategy for doing business together. Are you amazed by how far the company is moving beyond Lucca? Yes, but we always come back to Lucca. It is our city and we are very proud to live in a place where music, architecture and art reign. We like to think that Lucca has been the home of CPM for over 25 years now. This

is why, looking to the future, we are launching an exciting new project. Lucca will become the home of a laboratory dedicated to the new challenges facing administration, finance and control: we call it Doria House Lab. ‘Doria’ because the hub will be in a beautiful Tuscan villa on Lucca’s hillside named Villa Doria. ‘House’ because it is truly our home, a place to make friends, share experiences and find new solutions. ‘Lab’ because it will

be the Tagetik workshop where we will experiment with new solutions. Who knows? Maybe this will mark another stage in our evolution as we are always more determined to overcome the challenges in this global market.

VISIT THE WEB SITE

· LATEST TRENDS ·

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THERE IS A CATCH 22 IN THE WAY WE DO BUSINESS TODAY. AND THAT IS THE FACT THAT DESPITE THE GLOBAL DOWNTURN, COMPANIES, IN GENERAL STILL NEED TO GROW.

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Reporting in the Recession

Text by Antonio Veronesi

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THE GAME IS HARDER, YET THE BAR IS HIGHER We all know the refrain: times are tough, budgets are low, expectations are high. Since demand is consistently weaker, CEOs worldwide plan their growth through product innovation, entry into new markets, pricing or marketing strategies. The time when market growth itself was a key factor in company development is definitively over. Today, industries grow because they choose the right strategy, and because they implement it correctly. Now, performing on average may simply not be enough. For many industries across the globe, the bar has been significantly raised. With less scope for borrowing, and sometimes tighter margins, we have all become leaner, faster, and · GLOBAL PERSPECTIVE

more efficient. There was a time when being the top performer in one’s field was an aspiration. Now, it may be the only recipe for survival. This is why benchmarking has changed, from what was essentially a marketing tool, to a now solid instrument for planning and budgeting. Knowing what top performers actually do provides an answer to questions that always come with growing needs and expectations: just how far can I go? Where do my aspirations become unrealistic and, therefore, unachievable? One of the areas which has been most affected by the need for speed is, of course, finance and reporting. With management across the board hungry for information, and shareholders and markets

even hungrier, finance departments have developed new and better reporting skills. The turnaround of monthly and quarterly figures has decreased significantly. This is not only a matter of cost. It is sometimes the only way for management to make the right choices, based on the correct information, before it becomes too late. It is a means to outline all the opportunities before they disappear. And to flag all the sensitivities, before they hit too hard. There is, however, a catch: the need for faster and better reporting cannot be met by simply throwing more resources into finance departments. Because that would hit the budget, and the budget, we all know, is leaner than ever.

This seems like a paradox. Strangely enough, it isn’t. The top performers often have the fastest reporting times – and the lowest cost, both in terms of percentage over turnover, and number of employees. Which means that – one way or another – systems and processes are a significant part of the equation. 4% 3%

2.6%

3.1%

2.9%

2.7%

1.9%

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1% 0.1%

0 - 1% - 2%

-3.6%

- 3% - 4% 2005

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GDP GROWTH RATE

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路 LATEST TRENDS 路

Tagetik perspective THESE ARE TIMES WHEN AVERAGE PERFORMANCE MAY SIMPLY NOT BE ENOUGH. THAT IS WHY BENCHMARKING IS NOW MORE IMPORTANT THAN EVER.

Tagetik has purchased the rights to distribute key finance organization benchmarks compiled by the research and benchmarking firm, APQC (www. apqc.org) across four different annual revenue ranges: greater than $20B; $10-20B; $2-10B; and $500M-2B in annual turnover. The metrics include costs, cycle times, and resources specific to the Office of Finance, such as financial and management reporting, annual planning, consolidated financial statements production, and quarterly/annual earnings disclosure. The metrics show the difference between top performers and bottom performers and Tagetik has developed a free Excel Calculator to help businesses determine how they compare to their peers, the financial impact of their position compared to top performers and where they have the greatest room for improvement.

IS YOUR COMPANY A TOP PERFORMER? $500 MILLION - $2 BILLION 路 GLOBAL PERSPECTIVE

$2 - $10 BILLION

· LATEST TRENDS ·

SUCCESSFULLY COMPETING IN THE RECESSION Tagetik has taught itself it is possible to successfully compete in the recession. The company reported outstanding, double-digit 2012 results, strengthening its ascent in the CPM market including 22% increase in total consolidated revenues, 40% increase in consolidated license revenues, 75% increase in revenues from international operations, and continued investments on product enhancements, support and market expansion. An expanding customer community (over 100 new customers in all industry sectors, across 22 geographies added in 2012 for a total of 570 in production) and partner network fueled strong 2012 performance and paved the way for continued growth in 2013. 2012 RESULTS First evidence of the company’s global reach is the positioning (for the third year in a row) in the in the Visionaries quadrant of the ‘Magic Quadrant for Corporate Performance Management [CPM] Suites’ 1 by Gartner, Inc. MAGIC QUADRANT

+ $10 - $20 BILLION · GLOBAL PERSPECTIVE

+ MORE THAN $20 BILLION

artner ‘Magic Quadrant for Corporate PerforG mance Management [CPM] Suites’ by Christopher Iervolino, John E. Van Decker, Neil Chandler.14 February 2013.

· HOT TOPIC ·

The PwC experience of Ringier KEEP TRACK OF 100 COMPANIES AND MORE THAN 200 MEDIA The mission

”IF WE’D KNOWN HOW WELL SUCH A COMPLEX PROJECT CAN BE IMPLEMENTED BY WORKING WITH A PROFESSIONAL PARTNER LIKE PwC, WE WOULD HAVE TACKLED IT EARLIER.” DR. ANNABELLA BASSLER, CFO, RINGIER

FIND OUT MORE: · GLOBAL PERSPECTIVE

Ringier is Switzerland’s largest internationally active media corporation. A workforce of some 8000 employees throughout the world, over 120 newspapers and periodicals as well as printing works, a variety of radio and TV channels and more than 80 internet and mobile platforms make it a global leader. Ringier has been a family firm for five generations. One group with a hundred separate financial statements The Ringier media group comprises about a hundred companies spread across the entire world. The group’s accounting is compliant with Swiss GAAP ARR. However, the consolidation process is not standardised – nor is it sufficiently transparent, due to the

complex structure of the group. Separate financial statements from the hundred companies in the form of Excel files have to be processed individually, making financial reporting a costly and time-consuming undertaking.

also had to meet all the regulatory requirements laid down by Swiss GAAP ARR.

A host of requirements, but only one option The combination of several factors – the diversity of the system The search for consolidation soft- landscape, the lack of uniformiware ty of data structure, the existing Ringier wanted a solution that consolidation in Excel and the would optimise and simplify the complex consolidation structures reporting process. The aims were – meant that only one solution to standardise group consolidawas possible: one software prodtion, increase its efficiency and uct for the consolidation process transparency and provide support that would integrate perfectly into for value-oriented management. the existing IT landscape. This deAnother requirement was the abil- manding project posed even more ity to evaluate all the information challenges: Ringier is a strong and via SAP BW (Business Warehouse) rapidly growing group, and the in keeping with the “one house schedule for devising the concept, one truth” concept. It goes withimplementing it and introducing out saying that the consolidation the solution was very tight.

· HOT TOPIC ·

The solution

of all the applications covered To ensure a rapid and streamlined by the project – from SAP ERP and SAP BW through to Tagetik approach to achieving the objecitself. A high level of motivation, tive, a project team was formed teamwork and open interchange with PwC experts and a group of specialists from Ringier. The team among all the participants made chose an integral approach start- it possible to keep to the ambitious schedule for this project at ing with the definition of the target model, followed by implemen- all times, while building up Ringier’s own stock of know-how. tation in stages on a joint basis. Standardisation of business processes Ringier undertook a detailed evaluation of the software options and eventually decided on Tagetik. The Tagetik software standardises all the business processes related to a company’s finances – from corporate planning all the way through to reporting of the consolidated financial statements. During the evaluation, PwC demonstrated that Tagetik can fit seamlessly into the existing SAP landscape. Specialist expertise and technical know-how The software itself was crucially important – but the integrated advisory service provided by PwC was just as valuable. As well as expertise on specialist issues such as Finance Transformation and GAAP Consulting, our experts also drew on their technical know-how · GLOBAL PERSPECTIVE

Optimised processes from start to finish The successful introduction of the Tagetik software, its full integration into the SAP landscape and the advice provided on accounting according to Swiss GAAP ARR produced the desired result: a milestone in terms of process efficiency and quality, and a quantum leap for the group’s reporting and consolidation process. This solution saves costly manual work for the national companies as well as Group Controlling, and it will meet the standards of “one house one truth”.

The added value Thanks to the Tagetik software solution and its integration into the SAP landscape, processes were simplified and optimised, and a decisive improvement in quality was achieved. Right from the outset, Ringier viewed one

particular aspect as especially valuable: the fact that PwC can offer everything from one single source..

of similar projects, the PwC Team not only ensured that the new solution was implemented successfully, but also made certain that it will run optimally at RingiIntegral know-how er: the core team and the financial There is only one possible apmanagers at the national compaproach to a complex consolidation nies underwent intensive training structure with a rapidly growing and were familiarised with all the group and the requirement for a programmes and processes. fully integrated reporting and consolidation solution of impeccable quality: integral advisory support from planning through to introduction. Drawing on its experience FIND OUT MORE:

GET TO KNOW PwC

· HOT TOPIC ·

The Rise of IT Spending in Asia AS THE ECONOMY IN ASIA CONTINUES TO GROW, MANY TIMES AT A FASTER RATE THAN IN ANY OTHER AREA OF THE WORLD, THE AMOUNT BEING SPENT BY COMPANIES IN THIS REGION ON IT IS SKYROCKETING.

INCREASING INVESTMENTS IN EMERGING COUNTRIES

亚洲 Á Asya · GLOBAL PERSPECTIVE

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ອາຊີ

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亞洲 Text by Hannah Werntz Images by Shutterstock

· HOT TOPIC ·

On a global scale, growth in the IT industry should average a modest 2.5%, as it is forecasted that worldwide enterprise spending will reach $2.679 trillion in 2013 according to Gartner, Inc. the world's leading information technology research and advisory company, but it is anticipated that growth in Asia will be much more significant. This year spending on IT in Asia Pacific is expected to rise by nearly 8% from 2012, reaching US$743 billion. Generally, increased spending will likely be seen throughout the segment - including devices, software, data center systems, IT services and telecom services. Much of this growth, in countries like India and China, is driven by the fast-paced evolution of smart devices, including smartphones and tablets, and fueled by the rising amount of data that companies must be tracked, recorded and stored. · GLOBAL PERSPECTIVE

“AS GLOBAL MARKETS IMPROVE IN 2013 AND RESUME GROWTH, ASIA PACIFIC REMAINS ONE OF THE BRIGHT SPOTS OF THE GLOBAL IT MARKET, ALLOWING ORGANIZATIONS IN THIS REGION TO ACCELERATE COMPETITIVENESS,” SAID PETER SONDERGAARD, SENIOR VICE-PRESIDENT AND GLOBAL HEAD OF RESEARCH AT GARTNER. “ORGANIZATIONS IN ASIA PACIFIC WILL BE ABLE TO INNOVATE AND

COMPETE USING WHAT WE CALL THE NEXUS OF FORCES, OR THE INTERSECTION OF CLOUD, MOBILE, SOCIAL AND INFORMATION. NEW BUSINESS MODELS WILL EMERGE IN THIS REGION.” In particular, Gartner predicts that spending on software in this area should rise by 11.9% from last year to a total of $33.9 billion. In developed regions, demand is increasing for public cloud computing, according to Hai Hong Swineheart, research analyst at Gartner, while the focus in Asia Pacific, and throughout the emerging market, is private cloud computing because of persistent concerns related to data security. Also, a large-scale survey conducted by CRM Innovation last year shows that about one-third of organizations in the Asia Pacific area plan to increase their budget for hosted applications.

PROJECTED INCREASE IN GLOBAL IT SPENDING

$ 4.5

$ 3.5

$ Trillions

Information Technology (IT) is quickly becoming the backbone of today’s business. The use of computers and telecommunications equipment to store, retrieve, transmit and manipulate data has become so commonplace that for most countries in the west it is difficult to imagine what business was like without it. Now, emerging markets are catching up.

$ 2.5

Data Center Systems $ 1.5

Software Devices IT Services

$ 0.5 2011

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Telecommunication Services

· HOT TOPIC ·

Global Impact

What long-term effect will this trend have on the global IT market? Things are expected to shift in the next few years. Gartner predicts that within the next year, IT hiring in many of the major mature markets will come predominantly from companies based in Asia who are currently experiencing rapid growth.

GO TO GRAPH: WORLDWIDE IT SPENDING FORECAST

IT SPENDING FORECAST WORLDWIDE VS. ASIA PACIFIC

“AN INCREASING NUMBER OF SUCCESSFUL ASIAN COMPANIES — PARTICULARLY FROM CHINA AND INDIA — ARE ENJOYING DOUBLE-DIGIT GROWTH RATES AND WILL SUBSTANTIALLY GROW THEIR GEOGRAPHIC FOOTPRINTS, MAKING SIGNIFICANT INVESTMENTS IN MAJOR WESTERN MARKETS THROUGH 2015. CONSEQUENTLY, THESE ORGANIZATIONS WILL BE RESPONSIBLE FOR MAJOR HIRING OF IT PROFESSIONALS TO

4,500 4,000

3,881 3,588

3,737

SUPPORT THEIR GROWTH AT A TIME WHEN WESTERN COMPANIES WILL STILL BE COPING WITH THE IMPACT OF THE ECONOMIC CRISIS,” EXPLAINED SONDERGAARD.

3,500

On a global scale, 4.4 million jobs are expected to be created in the IT industry by 2015 in order to support the ever-growing amount of data, as well as companies’ efforts to keep up with the accelerating change.

US$ Billions

3,000 2,500 2,000 1,500 1,000

688

743

TO BE DEFINE

FIND OUT MORE:

Overall IT

500

Asia Pacific 2012 · GLOBAL PERSPECTIVE

2013

2014

CRM Innovation VISIT THE WEB SITE enterpriseinnovation.net The Hindu Business Line VISIT THE WEB SITE www.thehindubusinessline.com

· HOT TOPIC ·

Road to Success in China WE INTERVIEWED ANGELA YAN, A PARTNER AT EPM VENUS, WHICH PROVIDES END-TO-END MANAGERIAL FINANCE AND PERFORMANCE MANAGEMENT SERVICES, AND IS TAGETIK’S DISTRIBUTOR IN CHINA. What’s your opinion of Chinese economic and financial trends? A hot topic anywhere these days is economic growth in China. Given the fact that China is a big country with a large population, in my opinion the Chinese economy is entering a new, steadier stage of GDP growth with increased competition that is standardized and more closely regulated. Following the economic revolution here, a real market-oriented structure has been adopted. As more Chinese companies go global, the service industries, like CPG and banking, are gaining strength and there is room to grow.

cess in this aggressive market for us has been the ability to bring together leading professionals who share the same values and goals.

Why is EpmVenus interested in Tagetik’s Business Performance Management Software solutions? In this economic context, we are seeing more financial performance management and regulations as well as automation and transparency requirements, where if you look at the EPM market today, most of the solutions available are not well fit to enterprises in China. My company is excited about Tagetik’s solution because it is the only unified EPM system that helps us address these You are leading a brilliant conrequirements, and also because sulting company in a very aggressive market; what are the of its architecture, feature funckey factors to success? tionality, user-friendly ETL and the People are the strength of a consult- differentiator for Production Cost ing company; we are not a very large Planning & Control. Tagetik’s socompany, but the key factor for suc- phisticated process management · GLOBAL PERSPECTIVE

concept can meet the process and approval requirements for Chinese users and it offers a lower TCO than the competitors...This is why we believe that Tagetik’s solution is well-suited to the Chinese market and our EPM needs.

Lower TCO than competitors. Open and Smart: Tagetik uses Microsoft Technology to support not only EPM, but open systems can also be extended to integrate with BI, Collaboration Platform, etc.

How do traditions and culture What do you plan to leverage, influence your daily life? together with Tagetik, to succeed In my country, we admire the freein today’s market? dom, independence, individualism For me, the success factors are the and high moral standards that are following: characteristic of the west and we Unification: Tagetik is the only unihope to learn from this. Still, China’s fied EPM Solution to help customers future is bright; I truly believe that diliaddress all EPM requirements. gence and warm-heartedness are part Process: The sophisticated process of our DNA and, with the right direcmanagement concept of Tagetik tion, we will finally achieve our goals. solutions meet the complex process and approval requirements that Chi- What does “Performance with nese customers face. Passion” mean to you? Built-in: Tagetik offers more than Passion is one of our mottos at EPM a valuable tool, but a built-in, usVenus as well. We work together, er-friendly EPM solution that speaks unified by our passion for finance. our business language. Low TCO:

· TRAVEL LOG ·

Travel Log Nordic Region

TAGETIK TRAVELS THE WORLD; CHECK OUT SOME PICTURES FROM OUR LATEST ADVENTURES IN THE NORDIC REGION.

Ren dez from vous at th Dus send e Frank olf, S fur t tuttg airpo rt ar t, Prag with te a ue a nd C m mem open bers hage n!

Visiting cu stomers

in Düsseld orf.

· GLOBAL PERSPECTIVE

olo ão Pa ge. S n i id ce ira br s offi lient’ s de Olive c a om io Fria v ew fr ful vi que Octa i t u a Be the uni of

· TRAVEL LOG · TAGETIK AROUND THE WORLD Tagetik is represented in Denmark, Finland, Iceland, Norway and Sweden by Tagetik Nordic AB, an indirect operation based in Stockholm, Sweden. The company is exclusively selling and implementing Tagetik software and is headed by Managing Director Anders Wincrantz. The Nordic area has always been favorable to early adopters of new technology and solutions. Tagetik Nordic’s team has a long track record on the CPM market with previous experience from all leading products and therefore a strong capacity to deliver state-of-the-art solutions.

+ · GLOBAL PERSPECTIVE

Nyhavn New Harbour Property of VisitDenmark.com Photographer Jõrgen Schytte - VisitDenmark.com

· SOUNDS IN ITALY ·

Lucca The City of Music WARM SUMMER BREEZES IN LUCCA ARE HEAVY WITH MUSICAL NOTES BY SOME OF THE WORLD’S GREATEST PERFORMERS AND COMPOSERS. Text by Hannah Werntz

Puccini Festival

· BEL PAESE

Summer Festival

· SOUNDS IN ITALY ·

On December 22, 1858, he took his first breath on the second story of his family’s house, at the corner of Via di Poggio and Corte San Lorenzo. During his life, the maestro never hid his love for the city where he was born, and the city of Lucca has never been the same since. The hills of Lucca are alive with the Puccini spent many years in Torre del sound of music...the music echoing from more than a century of Giacomo Lago, 18km from Lucca, on the shores Puccini’s masterpieces being celebrat- of Lake Massacciuccoli. He found the ed by opera lovers who flock to the city. peaceful area a great source of inspiration and, today, an open-air theatre Today, the Piazza Cittadella is deconow stands a few steps from his home. rated with a bronze statue of a man dressed elegantly, with a Tuscan cigar In celebration of the maestro and his body of work, this is where nearly in his hand, legs crossed and eyes 40,000 spectators gather each year at slightly closed; he seems to be listenthe annual Puccini Festival. ing in contemplation to an aria of his opera. The figure is the composer of La Bohème, Tosca, Madama Butterfly, CLICK HERE FOR THE 2013 PUCCINI and Turandot, among others. FESTIVAL PROGRAM OF EVENTS

SLIDE

Images by Nicola Ughi for the Provincial Administration of Lucca - 2009

· SOUNDS IN ITALY ·

za Napoleone, and this becomes the setting for about a dozen fantastic concerts with big names from every kind of musical genre - from classical to classic rock, from pop to hip hop. The city acts not only as the stage’s backdrop, It began with a bang and the last applause has yet to be heard. Luc- but the sounds echo and reverberca’s “Summer Fest”, as most call ate off the walls of Lucca’s beautiful historic buildings. it, has been an annual event that locals and fans from far and wide This year, the schedule includes 11 performers, including Neil look forward to each year. Since Young, The Killers, Mark Knopfler 1998, when the festival opened with impressive headliners that in- and Diana Krall and concerts will th cluded Bob Dylan and Joe Cocker, run from July 6 through July th 30 . this event has gotten bigger and louder, if you can believe it. In late June the stage and seating CLICK HERE FOR THE 2013 SUMMER is set up in the main square, Piaz- FESTIVAL PROGRAM OF EVENTS

SLIDE

· BEL PAESE

Images Courtesy of Summer Festival

· TASTES IN ITALY ·

“The discovery of a good wine is better for mankind than the discovery of a new star.” - Leonardo da Vinci

Le Macchiole Bolgheri

SLIDE

NOW A WORLD-RENOWNED SYMBOL OF ITALIAN EXCELLENCE, LE MACCHIOLE IS ONE OF THE OLDEST WINERIES IN BOLGHERI, A PICTURESQUE PARADISE IN THE HEART OF TUSCANY’S WINE COUNTRY. IT HELPED ESTABLISH A NAME FOR THIS NOW FAMOUS REGION AND TODAY, THIS FAMILY-RUN ORGANIC FARM PRIDES ITSELF ON ENHANCING THE AREA’S CHARACTERISTICS BY EXCLUSIVELY PRODUCING ORIGINAL WINES. · BEL PAESE

Text by Hannah Werntz Images by Maurizio Gjivovich

· TASTES IN ITALY ·

This winery may use traditional harvesting methods, but it is anything but aged. Founded in 1983, Le Macchiole was one of the first to produce wine in the area - about 100 km southwest of Florence and 5 km from the Mediterranean coast which quickly became labeled ‘home of the Super Tuscan.’ The owner, Cinzia Merli, along with her brother and Luca D’Attoma, the chief winemaker, have made some drastic decisions that are changing the face of the area and Italian wines. With continual development in the vineyards and in the cellars, they have brought innovation to an age-old art, producing a 100% Cabernet Franc wine. The Paleo Rosso has not only become the winery’s signature label, but it is now a benchmark for wines of this kind.

Le Macchiole is run by a closeknit team of eight with the philosophy of “expressing the unique qualities of each grape variety, one at a time.” The vineyard covers 22 hectares of land and the dedicated staff pour nearly 500 hours of work into each hectare per year. They use organic farming methods in the vineyards to ensure sustainable winegrowing and, from pruning to harvesting, all processes are carried out by hand. The fruits of their labour - 150,000 bottles distributed to 60 countries around the world and an unforgettable flavor that has made a world-famous brand.

THE FRUIT OF THEIR LABOR. NEARLY 500 HOURS OF WORK IN EACH HECTARE PER YEAR.

+ · BEL PAESE

路 TASTES IN ITALY 路

Ristorante La Pineta SITUATED RIGHT ON THE BEACH IN MARINA DI BIBBONA, THIS WELL-KNOWN RESTAURANT OFFERS MUCH MORE THAN JUST A GOOD VIEW. 路 BEL PAESE

LOCATION Images by Nicola Ughi

· TASTES IN ITALY · Growing up on the Mediterranean shores and as the son of a fisherman waiting for his dad to come home with the day’s catch, Luciano Zazzeri learned to cook fish and seafood over the years like the back of his hand. After getting his diploma, he joined his father on the fishing boats. For about 20 years, his days were spent on the sea and in the kitchen of the Ristorante La Pineta, which is situated directly on the beach. Today, he considers this more than a job. For Chef Zazzeri, the restaurant is home; his employees and customers are family, often literally. His passion is demonstrated in the beautiful and deli-

· BEL PAESE

cious masterpieces. Open since 1964, the restaurant was passed down from his grandmother, to his parents and, in 1996, he became a full-time chef. With no formal training beyond a few classes to learn to make specialty items, such as desserts, he has been serving happy customers for over 40 years now. Some customers have watched him grow up and others come from all over the world for a meal that they cannot find at home. Chef Zazzeri’s menu is characterized by traditional, yet fresh and modern dishes and the ingredients are both top quality and rigorously of local origins.

ONE OF LA PINETA’S SPECIALTIES, THE SHRIMP SALAD, IS MADE WITH A SLIGHTLY BOILED QUAIL EGG, FRESH LOCAL SHRIMP AND CELERY THEN IS A GARNISHED WITH A SAUCE MADE FROM LOCAL TRUFFLES.

+ LA PINETA HAS BEEN HAILED BY SOME AS THE BEST RESTAURANT IN ITALY, AND BY OTHERS AS THE BEST KEPT SECRET IN THE COUNTRY.

“PACCHERI CON POLPO” IS A WIDE PASTA SERVED WITH SAUCE MADE FROM EXCLUSIVELY MEDITERRANEAN INGREDIENTS: OCTOPUS, CAPERS, OREGANO, FRESH CHERRY TOMATOES AND OLIVE OIL.

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Weekend trip Ponza & Ventotene

Text by Franco Schiano, Images by Nicola Ughi

Ponza Feast of St. Silverius 路 BEL PAESE

Ventotene Feast of St. Candida

FOR LOVERS OF THE SEA FOREVER IN SEARCH OF PARADISE, THERE IS NO PLACE BETTER THAN THESE ISLANDS IN THE PONTINE ARCHIPELAGO, LOCATED OFF THE GULF OF GAETA, BETWEEN ROME AND NAPLES.

·· SIGHTS SIGHTS IN IN ITALY ITALY ··

PONZA The largest island in the Pontine archipelago - the remains of an ancient volcano that gave birth to these specks of land afloat in the Tyrrehenian Sea - Ponza is a fishing village, with a population of just over 3,000, turned quaint tourist attraction. Surrounded by dramatic cliffs and blue water, which the locals say is so clear “you can drink it,” the island just spans 7.3 sq. km. of surface area and can only be reached by boat or ferry. Ruins dotting the land are testimony of its rich history that stretches back to the Etruscan period and this volcanic paradise also served as a place for Roman exiles at the height of the Empire. The 22km coastline have spectacular forms and colorful hues that range from white to black and everything in between bright yellow, grey, red, orange... Highlights include the large, rocky beach called the Half Moon Beach (Chiaia di Luna) and its famous blue grottoes. Ponza is the ultimate combination of island beauty and the quaint character of village life.

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SLIDESHOW DI FOTO

· SIGHTS IN ITALY ·

VENTOTENE Also part of the Pontine Island chain is Ventotene, which is named for the prevailing wind (vento in Italian) that rushes across the island. Located just 28 miles from Formia and 40 from Naples, it can be easily reached by ferry. The first thing that hits you when you arrive here is the old port built in the 1st century A.D. by Romans and the arches carved into the cliffs. You enter the town through a beautiful series of ramps, built by the Bourbons (circa 1769) when the island was colonized, that lead to the main square and the Bourbon church of Santa Candida completed in 1774. Ventotene has a colorful past, having served as a prison for opponents of the Roman Empire and Mussolini’s regime and it also played an important role in World War II. Today, this small island, only 3km long, situated off the shore of the Campania region, is home to less than 800 permanent residents and can only be reached by water.

SLIDESHOW DI FOTO · BEL PAESE

· SIGHTS IN ITALY ·

PONZA & VENTOTENE

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FERRIES TO BOTH PONZA AND VENTOTENE DEPART REGULARLY FROM FORMIA, ANZIO AND NAPLES (DURING THE SUMMER). PONZA Most of island life on Ponza revolves around the port, which everyone refers to as Porto. To see the sights beyond this, it’s best to travel by bus or boat to reach the swimming coves of Cala Feola and the Piscine Naturali, or the tiny village of Le Forna. Other points of interest include the Botanical Garden, Capo Bianco a natural national monument and the numerous beaches and natural and Roman-built grottoes.

This island is best traveled by foot as cars are limited and traffic is very restricted. Walking is also the best way to visit the beautiful Roman ruins, including Villa Giulia and Villa Stefania, a 30,000 sq. m. residence for the exiled family members of Augustus that dates back to the 1st century A.D. and the Peschiera Romana where the Romans cultivated seafood reserved for elaborate banquets. Other highlights include the castle, the Museo Archeologico, the Porto Romano and the museum of bird migration. · BEL PAESE

Images from iStockphoto

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VENTOTENE

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