Welcome!

Containers Expo Blog Authors: Dana Gardner, Pat Romanski, PagerDuty Blog, JP Morgenthal, Amit Golander

News Feed Item

itelligence Publishes Figures for Q4 and Fiscal Year 2013

BIELEFELD, Germany, January 30, 2014 /PRNewswire/ --

  • Revenue growth of 12.3% to MEUR 457.1 in 2013
  • Strong Q4 with EBIT margin of 7.2% (previous year: 5.8%)
  • EBIT for 2013 up 15.6% to MEUR 22.2
  • Headcount stands at 3,078 as at December 31, 2013
  • Forecast for 2014: Revenues increase to more than MEUR 500 with EBIT margin of around 5.5%

itelligence AG concluded fiscal year 2013 with further growth in revenues and income. Revenues rose by 18.1% from MEUR 114.6 to MEUR 135.3 in the fourth quarter. In fiscal year 2013, itelligence thus increased its revenues by 12.3% from MEUR 407.1 to MEUR 457.1. Dynamic organic growth and the strong performance of the companies acquired last year were factors in these good results. Orders on hand at itelligence AG were up 22.7% to MEUR 351.6 as at December 31, 2013 as against MEUR 286.6 at the end of 2012.

Herbert Vogel, CEO of itelligence AG, comments: "We are delighted with our company's revenue growth and performance. The strong fourth quarter quite clearly shows that we are on the right path. We are especially proud to have received the SAP® North America Regional Partner Excellence "Top Business All-in-One Reseller" award from SAP in the USA for the sixth consecutive year."

In the individual revenue segments, Consulting increased its revenues by 1.6% from MEUR 211.5 to MEUR 214.9. Revenues in Outsourcing & Services rose by 16.7% from MEUR 116.3 in the previous year to MEUR 135.7. Application Management also performed strongly, with revenues up 21.5% from MEUR 40.4 to MEUR 49.1. License business posted the biggest revenue growth in percentage terms, with significant 48.6%. Revenues here increased from MEUR 38.3 to MEUR 56.9 in fiscal year 2013.

In terms of geographical distribution, itelligence again recorded particularly strong revenue growth in Eastern Europe. Revenues here were up 50.3% at MEUR 48.1 compared with MEUR 32.0 in the previous year. Western Europe also achieved substantial revenue growth of 20.8% from MEUR 86.7 to MEUR 104.7 in 2013. The USA segment also put in a strong performance with growth of 8.5%, generating revenues of MEUR 100.5 as against MEUR 92.6 in the previous year. In the largest segment, DACH (Germany/Austria/Switzerland), revenues increased by 4.3% from MEUR 185.0 to MEUR 192.9. The Asia segment generated revenues of MEUR 7.1 in fiscal year 2013 compared with MEUR 7.0 (+1.4%) in the previous year. Revenues in the Other segment were unchanged from the previous year at MEUR 3.8.

Along with the increased revenues, itelligence AG also improved all its earnings figures. This was mostly attributable to the strong fourth quarter, in which EBIT (earnings before interest and taxes) rose by 48.5% from MEUR 6.6 to MEUR 9.8. The EBIT margin improved from 5.8% to 7.2%. For the year as a whole, EBIT thus increased by 15.6% from MEUR 19.2 in the previous year to MEUR 22.2 in 2013. Accordingly, the EBIT margin improved by 0.2 percentage points from 4.7% to 4.9%. In the past fiscal year, consolidated net profit rose by 18.2% from MEUR 13.7 to MEUR 16.2.

Norbert Rotter, CFO of itelligence AG, comments: "All divisions and regions contributed to this strong revenue growth in fiscal year 2013. In particular, the revenue share for recurring business increased to 40%. With this strong growth, we have also managed to further improve our profitability. For the first time in the history of itelligence AG, we have more than 3,000 employees worldwide - at the end of the year, our headcount stood at 3,078."

In light of the encouraging order situation, itelligence AG's strong market positioning and the good performance of the acquisitions, the Management Board is forecasting further growth in revenues and a further improvement in the earnings situation in fiscal year 2014. Revenues in 2014 are expected to exceed MEUR 500, corresponding to a rise of around 10%. Earnings are expected to record a stronger improvement than revenues. itelligence aims to achieve an EBIT margin of around 5.5%.

Further figures and details can be found in the 2013 Annual Report, which will be published on March 27, 2014.

itelligence is one of the leading international full-service providers of solutions in support of SAP solutions, employing more than 3,000 highly qualified employees in 22 countries and in five regions (America, Asia, Western Europe, Eastern Europe and Germany/Austria/Switzerland). As a frequently awarded SAP partner, among others global value-added reseller, SAP Certified in Cloud Services, SAP-Certified Provider of Hosting Services for SAP HANA® Enterprise Cloud and SAP Gold Partner Business ByDesign, itelligence realizes complex projects in the SAP solution-based environment for over 5,000 customers worldwide. In 2006, itelligence obtained gold-level status as an SAP channel partner as part of the SAP PartnerEdge™ program in Germany, and in the U.S. in 2007. The company's services in support of SAP solutions range from consulting and licensing to application management services and outsourcing & services to proprietary industry-specific SAP. In 2013, itelligence generated total sales of EUR 457.1 million. itelligence is "Top Consultant" 2013/14.

Contact:
Katrin Schlegel
Phone: +49(0)521-91-448-106
Fax: +49(0)521-91-445-201
[email protected]

itelligence AG
Königsbreede 1
33605 Bielefeld
http://www.itelligence.de

Public Relations:
Silvia Dicke
Phone: +49(0)521-91448-107
Fax: +49(0)521-91445-201
[email protected]

itelligence AG
Königsbreede 1
33605 Bielefeld
http://blog.itelligence.de/
http://www.itelligence.de

SOURCE itelligence AG

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
Artificial Intelligence has the potential to massively disrupt IoT. In his session at 18th Cloud Expo, AJ Abdallat, CEO of Beyond AI, will discuss what the five main drivers are in Artificial Intelligence that could shape the future of the Internet of Things. AJ Abdallat is CEO of Beyond AI. He has over 20 years of management experience in the fields of artificial intelligence, sensors, instruments, devices and software for telecommunications, life sciences, environmental monitoring, process...
Increasing IoT connectivity is forcing enterprises to find elegant solutions to organize and visualize all incoming data from these connected devices with re-configurable dashboard widgets to effectively allow rapid decision-making for everything from immediate actions in tactical situations to strategic analysis and reporting. In his session at 18th Cloud Expo, Shikhir Singh, Senior Developer Relations Manager at Sencha, will discuss how to create HTML5 dashboards that interact with IoT devic...
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, will provide tips on how to be successful in large scale machine lear...
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
SYS-CON Events announced today that Ericsson has been named “Gold Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. Ericsson is a world leader in the rapidly changing environment of communications technology – providing equipment, software and services to enable transformation through mobility. Some 40 percent of global mobile traffic runs through networks we have supplied. More than 1 billion subscribers around the world re...
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus inter...
You deployed your app with the Bluemix PaaS and it's gaining some serious traction, so it's time to make some tweaks. Did you design your application in a way that it can scale in the cloud? Were you even thinking about the cloud when you built the app? If not, chances are your app is going to break. Check out this webcast to learn various techniques for designing applications that will scale successfully in Bluemix, for the confidence you need to take your apps to the next level and beyond.
There is an ever-growing explosion of new devices that are connected to the Internet using “cloud” solutions. This rapid growth is creating a massive new demand for efficient access to data. And it’s not just about connecting to that data anymore. This new demand is bringing new issues and challenges and it is important for companies to scale for the coming growth. And with that scaling comes the need for greater security, gathering and data analysis, storage, connectivity and, of course, the...
SYS-CON Events announced today that Fusion, a leading provider of cloud services, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Fusion, a leading provider of integrated cloud solutions to small, medium and large businesses, is the industry's single source for the cloud. Fusion's advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including cloud...
In his session at @ThingsExpo, Chris Klein, CEO and Co-founder of Rachio, will discuss next generation communities that are using IoT to create more sustainable, intelligent communities. One example is Sterling Ranch, a 10,000 home development that – with the help of Siemens – will integrate IoT technology into the community to provide residents with energy and water savings as well as intelligent security. Everything from stop lights to sprinkler systems to building infrastructures will run ef...
Digital payments using wearable devices such as smart watches, fitness trackers, and payment wristbands are an increasing area of focus for industry participants, and consumer acceptance from early trials and deployments has encouraged some of the biggest names in technology and banking to continue their push to drive growth in this nascent market. Wearable payment systems may utilize near field communication (NFC), radio frequency identification (RFID), or quick response (QR) codes and barcodes...
The increasing popularity of the Internet of Things necessitates that our physical and cognitive relationship with wearable technology will change rapidly in the near future. This advent means logging has become a thing of the past. Before, it was on us to track our own data, but now that data is automatically available. What does this mean for mHealth and the "connected" body? In her session at @ThingsExpo, Lisa Calkins, CEO and co-founder of Amadeus Consulting, will discuss the impact of wea...
SYS-CON Events announced today that DatacenterDynamics has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY. DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.
The IoT has the potential to create a renaissance of manufacturing in the US and elsewhere. In his session at 18th Cloud Expo, Florent Solt, CTO and chief architect of Netvibes, will discuss how the expected exponential increase in the amount of data that will be processed, transported, stored, and accessed means there will be a huge demand for smart technologies to deliver it. Florent Solt is the CTO and chief architect of Netvibes. Prior to joining Netvibes in 2007, he co-founded Rift Technol...
We’ve worked with dozens of early adopters across numerous industries and will debunk common misperceptions, which starts with understanding that many of the connected products we’ll use over the next 5 years are already products, they’re just not yet connected. With an IoT product, time-in-market provides much more essential feedback than ever before. Innovation comes from what you do with the data that the connected product provides in order to enhance the customer experience and optimize busi...
SYS-CON Events announced today that Stratoscale, the software company developing the next generation data center operating system, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Stratoscale is revolutionizing the data center with a zero-to-cloud-in-minutes solution. With Stratoscale’s hardware-agnostic, Software Defined Data Center (SDDC) solution to store everything, run anything and scale everywhere...
Angular 2 is a complete re-write of the popular framework AngularJS. Programming in Angular 2 is greatly simplified – now it's a component-based well-performing framework. This immersive one-day workshop at 18th Cloud Expo, led by Yakov Fain, a Java Champion and a co-founder of the IT consultancy Farata Systems and the product company SuranceBay, will provide you with everything you wanted to know about Angular 2.
SYS-CON Events announced today that Men & Mice, the leading global provider of DNS, DHCP and IP address management overlay solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. The Men & Mice Suite overlay solution is already known for its powerful application in heterogeneous operating environments, enabling enterprises to scale without fuss. Building on a solid range of diverse platform support,...
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...