Y Soft

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Y Soft Corporation
IndustrySoftware and Electronics Hardware
Founded2000
Headquarters
Brno
,
Czech Republic
Area served
Worldwide
Key people
  • CEO and Co-Founder: Václav Muchna and CIO and Co-Founder: Martin de Martini
ProductsYSoft SafeQ Enterprise Workflow Platform and YSoft be3D eDee Print Management
Revenue63,933,900 Czech koruna (2018) Edit this on Wikidata
2,436,900 Czech koruna (2018) Edit this on Wikidata
1,241,300 Czech koruna (2018) Edit this on Wikidata
Total assets108,360,000 Czech koruna (2018) Edit this on Wikidata
Number of employees
300+
Websitewww.ysoft.com

Y Soft Corporation is a multinational software and electronic hardware company founded in 2000 operating in 17 countries. The company's headquarters are in Brno, Czech Republic, with other offices in France, Hungary, Israel, United Kingdom, United Arab Emirates, United States, Japan, Singapore, Australia, and China.[1]

In 2012, the Y Soft headquarters building facade in Brno, Czech Republic, became a Y Soft Wall Gallery allowing the young local artists to present their work in a non-conventional way. Credit: Y Soft

Y Soft Ventures, the company's in-house venture arm, was established in 2014 as a way for the two co-founders to assist other Central European entrepreneurs looking to start their own companies with business and financial support.[2]

The company's main product is the YSoft SafeQ platform which manages 2D and 3D printing. It does pull printing, paper copying, faxing, scan workflows and other tasks.[3]

History[]

Y Soft was co-founded in 2000 by Václav Muchna, CEO and Chairman of the Board,[2] and Martin de Martini, now Chief Information Officer and Board Member,[4] as part of a student project with Masaryk University in Brno, Czech Republic. Muchna left university and started Y Soft a month after his 20th birthday.[1]

Y Soft's first expansion was the opening of an office in Hungary. In 2008, Y Soft acquired XpertImage, resulting in the establishment of Y Soft North America in Grapevine, Texas,[2] and new offices in Japan and Israel.

In 2012, Y Soft filed and received a US patent for a "System for scalable processing of files in the cloud".[5] The following year, the company expanded into Australia with the acquisition of Equitrac Systems, and also established an office in Dubai.[2][6]

In 2014, Y Soft created an in-house venture capital fund, Y Soft Ventures, to invest in Central European startups.[7]

Students at Technical School Prosek in the Czech Republic use YSoft be3D eDee printers at their school. Credit: Y Soft, 2016

In late 2014 Y Soft invested a stake in, and later fully acquired, the Czech 3D printer company be3D.[3][8] Soon after, YSoft SafeQ was integrated with the be3D printers to create a new product, YSoft be3D eDee, a 3D printer integrated with YSoft SafeQ providing print management, workflow and an accounting system.[6] In 2015, Y Soft started offering print management and document capture as software as a service (SaaS) by subscription.[2]

In 2016 the company established YSoft Labs, an internal innovation center focusing on artificial intelligence, robotics, business processes and future developments in 3D printing.[4][9] In July 2016 the YSoft SafeQ version 6 was introduced as a platform.[6][10]

In Autumn 2016 YSoft released its Global Operational Excellence (GOE) Framework,[11] a set of processes and tools that facilitates deployment of YSoft SafeQ for large international customers.

In 2016, Y Soft joined the Mopria Alliance. In 2017 YSoft SafeQ became the de facto Mopria certified enterprise print server for printing from Android mobile apps.[12] The company also opened offices in the UK.

In 2017 Y Soft opened an office in China and moved its manufacturing facility to larger premises.[13]

In 2019 Y Soft launched be3D Academy, part of its YSoft be3D eDee 3D printing education platform, containing resources related to 3D printing for use by teachers.[14]

Awards[]

In 2006 Václav Muchna received the "Emerging Entrepreneur of the Year" award from Ernst & Young.[15]

In 2011 he also received the "Technology Entrepreneur of the Year for 2010" award for the Czech Republic and "Entrepreneur of the Year" for the South Moravian Region.[16]

In 2014 Y Soft won the CzechInvest "Investor of the Year" award in IT & Share Services for 2013.[17]

In 2016 Muchna received the "Difference Maker" award from ENX magazine.[18]

Y Soft was named in the European Business Awards' "Ones to Watch" Innovation category in 2017.[19]

In 2018 Vaclav Muchna received the Centennial Award from the U.S. Embassy in the Czech Republic.[20]

In 2019 YSoft SafeQ 6 was chosen by Buyers Lab (BLI) as 2020 Outstanding Enterprise Print & Workflow Management Platform.[21]

References[]

  1. ^ a b Mitra, Sramana (10 April 2017). "Bootstrapping to $30 Million from Czech Republic: Vaclav Muchna CEO of Y Soft". One Million By One Million. Retrieved 6 August 2018.
  2. ^ a b c d e Henry, Zoe (7 September 2016). "How This Co-Founder Emerged From Communist Rule and Launched a $30 Million Business". inc.com.
  3. ^ a b "Y Soft Acquires 51% Share in Czech 3D Printer Maker be3D". 3Ders.org. 7 November 2014.
  4. ^ a b "CIO Spotlight: Martin de Martini, Y Soft Corporation". CIO.com. 20 July 2018.
  5. ^ Krajicek; Ondrej, de Martini; Martin, Assignee: Y Soft Corporation, a.s. (Brno, CZ) System for scalable processing of files in the cloud, 12 May 2015, U.S. Patent 9,030,688
  6. ^ a b c "YSoft SafeQ: An Open Source Platform for Enterprise Office Solutions; New Platform Includes Full Document Capture and Integrates with 3D Printers". Open Source Magazine. 22 March 2016.
  7. ^ Clawson, Trevor (16 June 2017). "Czech Tech - Why Enterprise Solutions Company Y Soft Moved Into Venture Capital". Forbes.
  8. ^ "Czech Companies be3D and Y Soft to Grow Together: Y Soft Invests and Acquires Stake in be3D". 3DPrint.com. 6 November 2014.
  9. ^ Molitch-Hou, Michael (23 February 2016). "Y Soft Launches Y Soft Labs". 3D Printing Industry.
  10. ^ Cullen, Scott (23 March 2016). "Y Soft Reimagines Print Management and 3D Printing". Cannata Report.
  11. ^ "Y Soft Introduces Global Operational Excellence (GOE) Framework, an Industry First For Print Management and Document Workflow". The Imaging Channel. 15 October 2016. Retrieved 2 March 2021.
  12. ^ Wirth, Terry (29 November 2017). "YSoft SafeQ is the First Mopria Certified Enterprise Print Server". Wirth Consulting.
  13. ^ Sedlák, Jan (20 October 2017). "Y Soft opens new production facility in Brno". LupaCZ.
  14. ^ Saunders, Sarah (25 November 2019). "Y Soft Launches be3D Academy for Educators". 3D Printing.
  15. ^ "2010 Businessman of the Year". Podnikatelroku.cz.
  16. ^ "Technology Entrepreneur of the Year 2010: Václav Muchna – Y Soft Corporation, a.s." (Press release). Ernst & Young. 16 February 2011.
  17. ^ Votruba, Ondrej (2 October 2014). "The most significant investors of 2013 recognised at Žofín Palace in Prague" (PDF). Czech Focus.
  18. ^ "The Difference Makers: Celebrating People Making a Difference in the Document Imaging Industry". ENX magazine. 1 May 2016.
  19. ^ "'Ones to Watch' European Business Awards. 2017/2018". Retrieved 25 July 2018.
  20. ^ Usela, Jan (16 November 2018). "Americans Appreciate Vaclav Muchna, He Built a Global Business From a Student Project". Hospodářské Noviny.
  21. ^ "YSoft SafeQ 6 chosen by Buyers Lab (BLI) as Outstanding Enterprise Print". 17 January 2020.

Further reading[]

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