Market leadership Corilus is the Belgian market leader in ICT for medical professionals with a broad client base of around 40,000 users across pharmacists, dentists, doctors, therapists, care homes, and nurses, presenting cross-sell potential across multiple medical disciplines.

Connected care trend Positioned to capitalize on patient empowerment and connected healthcare, there are sales opportunities around integrated patient portals, interoperability enhancements, and data-driven care workflows that align with evolving regulations.

Regulatory adoption New healthcare legislation needs to be implemented in user-friendly ways within medical software, signaling demand for compliance modules, audit trails, and regulatory reporting features to attract and retain customers facing new requirements.

Expansion through acquisitions Strategic growth via acquisitions, such as Progenda in 2018 and the 2020 investment by Rivean Capital, suggests openness to bolt-on solutions and partnerships that expand product capabilities and geographic reach.

Growth and scale With a sizable but modest revenue range and a mid-sized employee base, there is room to upsell premium modules, managed services, and cloud-based deployments to existing 40k users while targeting adjacent healthcare segments.