EU Business News- European CEO of the Year Awards 2025 Based in Athens, Greece, and operating predominantly in the sectors of Integrated Solutions for Digital Archiving, Digitisation and Physical Document Management Services, IID S.A. (IID) offers both digitisation and consulting services to a wide range of clients across the region. Digitisation is a growing need for many businesses. As the digital age progresses and evolves with every new day, it is imperative that organisations embrace the technology needed to ensure the smooth running and longevity of a company. There are several key reasons why digitisation is so important, these being: it creates a direct connection between electronic and physical archives; it makes a company compliant with new laws, regulations and industry standards; reducing the need for a physical archive; it makes for faster retrieval of information; for the preservation of old texts and manuscripts; and finally, in a world where sustainability is becoming the norm, digitisation is environmentally friendly. IID is an expert in the field of digitisation and is able to transfer a wide range of physical items into a digital format, such as documents, books, manuscripts, microfilm/ microfiche and paintings, to name but a few. As well as this, the organisation offers OCR (optical character recognition) in order to avoid the time-consuming and costly process of manual data entry of documents; indexing and the semantic characterisation of documents so that those conducting searches, can retrieve the information easily; digital storage of newspaper and magazine clippings, in order to create documents of press material; and recognition of data written in forms (including handwritten Greek letters) through ABBYY FormReader and ABBYY FlexiCapture Studio products. Most Instrumental Digitisation Company CEO 2025 (Greece): Michael Andreadis Working in the field for more than 25 years, IID S.A. has been established as the leading Greek service provider in designing and implementing digital archive systems, document management and Optical Character Recognition (OCR) solutions. We speak to the firm’s Chief Executive Officer, Michael Andreadis, to learn more in the wake of him being bestowed with a prestigious title in the European CEO of the Year Awards 2025. May25209 To date, the business has successfully scanned more than 1,000,000,000 documents, and successfully completed over 900 projects for its clients, making it a clear leader in the field of digitisation. The firm was established in the ‘90s and, over the years, it has developed longterm strategic partnerships and ongoing relationships with several of the top manufacturers in the industry, including ABBYY Software, Image Access, ImageWare, and Treventus Mechatronics, in order to offer its client base the very best available solutions concerning digitisation services. ABBYY is a software company that provides optical character recognition, document capture and language software for both PC and mobile devices, intending to simplify converting paper documents to digital data. Image Access is a technology market leader developing and delivering innovative large format scanners and digitisation solutions to customers based in nearly every country across the globe. TREVENTUS develops and markets technologies and software for digitizing and presentation of bound documents. It is specialised in robot scanners and solutions for mass digitisation. In terms of its consultation services, IID offers holistic solutions of digital archiving (turn-key solutions), which include hardware, software and image scanning and indexing services in order to create digital files. In addition to this, the firm is able to provide its customers and clients with full analysis, design and implementation of any project of scanning and digital archiving, on the grounds of consulting services. The aforementioned services are provided to businesses and organisations with intent either to automate the manual process of archiving that they follow or to improve the already automated one, if it exists. Whichever is the state of automation of archiving within the organisation, IID is capable of fully taking over the process and its completion, given its experience and specialisation at both managing printed information and its conversion to the digital format. Michael Andreadis is the firm’s Chief Executive Officer. He tells us a little more about IID and its core competencies, which help to differentiate it from the competition. “At IID S.A., our team's drive for operational excellence is anchored in innovation and a commitment to scaling the company for a robust pipeline of digital projects,” he begins. “Our tenure is marked by strategic leadership and business transformation, drawing from my recent experience as Chief Executive Officer where revenue generation and project management were key pillars of success.” Michael’s competencies in corporate finance and business strategy were acquired through leading ATTICA BANK, the Athens Exchange Group and Investment Bank of Greece and this now fuels his pursuit of exceeding performance metrics. With certifications from top institutions, Michael and the team at IID navigate the financial market's complexities with analytical precision and an agile methodology that ensures sustained growth and strong stakeholder relationships. In 2024, IID achieved exceptional financial and operational growth, with revenue increasing nearly sixfold vs 2023. Furthermore, EBITDA and bottom line turned positive, a substantial turnaround from prior year’s losses. “This was accomplished while expanding the workforce fourfold, from approximately 100 to 400 employees, and maintaining
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