HeartCore’s CMS Platform Achieves Top Market Share in Japan for Nine Consecutive Years

NEW YORK and TOKYO, October 10, 2024 (GLOBE NEWSWIRE) -- HeartCore Enterprises, Inc. (Nasdaq: HTCR) (“HeartCore” or “the Company”), a leading enterprise software and data consulting services company based in Tokyo, announced its Content Management System (“CMS”) platform has achieved top market share in sales value in Japan for nine consecutive years, according to ITR Corporation, an independent IT consulting and research firm. The report disclosed that HeartCore owns a leading 15.1% market share in Japan, with the second contender behind the Company at 12.5%.

This achievement underscores the unwavering confidence that over 700 Japanese companies have placed in HeartCore’s CMS as the primary platform for corporate content management, further solidifying its position as the leading CMS platform in Japan. The Company’s proactive cost reduction initiatives, in tandem with sales growth, has resulted in two consecutive quarters of profitable performance within its software arm.

“For the 9th consecutive year, our CMS platform has achieved the top market share in sales value in Japan, a reflection of our team’s ability to sustain growth,” said HeartCore CEO Sumitaka Kanno. “Our sales and marketing team continues to execute and capture new customer wins, with over 700 Japanese companies having implemented our CMS platform. Effective cost management continues to remain a key focus, as we anticipate another profitable quarter across this arm of the business. In addition, last December, we launched a Management Screen Builder feature that enhances website operation capabilities, further driving innovation and strengthening our competitive advantage. Our acquisition of Sigmaways and Sabatini Global last year has also positively impacted our growth and we remain focused on exploring additional synergistic opportunities to further grow the presence of HeartCore in the global market.”