Click here to close now.

Welcome!

Virtualization Authors: Pat Romanski, Liz McMillan, Elizabeth White, Ian Khan, Plutora Blog

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

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
For IoT to grow as quickly as analyst firms’ project, a lot is going to fall on developers to quickly bring applications to market. But the lack of a standard development platform threatens to slow growth and make application development more time consuming and costly, much like we’ve seen in the mobile space. In his session at @ThingsExpo, Mike Weiner is Product Manager of the Omega DevCloud with KORE Telematics Inc., will discuss the evolving requirements for developers as IoT matures and conduct a live demonstration of how quickly application development can happen when the need to comply...
Container frameworks, such as Docker, provide a variety of benefits, including density of deployment across infrastructure, convenience for application developers to push updates with low operational hand-holding, and a fairly well-defined deployment workflow that can be orchestrated. Container frameworks also enable a DevOps approach to application development by cleanly separating concerns between operations and development teams. But running multi-container, multi-server apps with containers is very hard. You have to learn five new and different technologies and best practices (libswarm, sy...
SYS-CON Events announced today that DragonGlass, an enterprise search platform, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. After eleven years of designing and building custom applications, OpenCrowd has launched DragonGlass, a cloud-based platform that enables the development of search-based applications. These are a new breed of applications that utilize a search index as their backbone for data retrieval. They can easily adapt to new data sets and provide access to both structured and unstruc...
Converging digital disruptions is creating a major sea change - Cisco calls this the Internet of Everything (IoE). IoE is the network connection of People, Process, Data and Things, fueled by Cloud, Mobile, Social, Analytics and Security, and it represents a $19Trillion value-at-stake over the next 10 years. In her keynote at @ThingsExpo, Manjula Talreja, VP of Cisco Consulting Services, will discuss IoE and the enormous opportunities it provides to public and private firms alike. She will share what businesses must do to thrive in the IoE economy, citing examples from several industry sector...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal an...
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, and physical persons. In the IoT vision, every new "thing" - sensor, actuator, data source, data con...
IoT is still a vague buzzword for many people. In his session at @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, discussed the business value of IoT that goes far beyond the general public's perception that IoT is all about wearables and home consumer services. He also discussed how IoT is perceived by investors and how venture capitalist access this space. Other topics discussed were barriers to success, what is new, what is old, and what the future may hold. Mike Kavis is Vice President & Principal Cloud Architect at Cloud Technology Pa...
Disruptive macro trends in technology are impacting and dramatically changing the "art of the possible" relative to supply chain management practices through the innovative use of IoT, cloud, machine learning and Big Data to enable connected ecosystems of engagement. Enterprise informatics can now move beyond point solutions that merely monitor the past and implement integrated enterprise fabrics that enable end-to-end supply chain visibility to improve customer service delivery and optimize supplier management. Learn about enterprise architecture strategies for designing connected systems tha...
There's Big Data, then there's really Big Data from the Internet of Things. IoT is evolving to include many data possibilities like new types of event, log and network data. The volumes are enormous, generating tens of billions of logs per day, which raise data challenges. Early IoT deployments are relying heavily on both the cloud and managed service providers to navigate these challenges. In her session at Big Data Expo®, Hannah Smalltree, Director at Treasure Data, discussed how IoT, Big Data and deployments are processing massive data volumes from wearables, utilities and other machines...
SYS-CON Events announced today that the "First Containers & Microservices Conference" will take place June 9-11, 2015, at the Javits Center in New York City. The “Second Containers & Microservices Conference” will take place November 3-5, 2015, at Santa Clara Convention Center, Santa Clara, CA. Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities.
Buzzword alert: Microservices and IoT at a DevOps conference? What could possibly go wrong? In this Power Panel at DevOps Summit, moderated by Jason Bloomberg, the leading expert on architecting agility for the enterprise and president of Intellyx, panelists will peel away the buzz and discuss the important architectural principles behind implementing IoT solutions for the enterprise. As remote IoT devices and sensors become increasingly intelligent, they become part of our distributed cloud environment, and we must architect and code accordingly. At the very least, you'll have no problem fil...
SYS-CON Events announced today that MetraTech, now part of Ericsson, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Ericsson is the driving force behind the Networked Society- a world leader in communications infrastructure, software and services. Some 40% of the world’s mobile traffic runs through networks Ericsson has supplied, serving more than 2.5 billion subscribers.
The 4th International Internet of @ThingsExpo, co-located with the 17th International Cloud Expo - to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA - announces that its Call for Papers is open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
The 17th International Cloud Expo has announced that its Call for Papers is open. 17th International Cloud Expo, to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, APM, APIs, Microservices, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal today!
Since 2008 and for the first time in history, more than half of humans live in urban areas, urging cities to become “smart.” Today, cities can leverage the wide availability of smartphones combined with new technologies such as Beacons or NFC to connect their urban furniture and environment to create citizen-first services that improve transportation, way-finding and information delivery. In her session at @ThingsExpo, Laetitia Gazel-Anthoine, CEO of Connecthings, will focus on successful use cases.
The explosion of connected devices / sensors is creating an ever-expanding set of new and valuable data. In parallel the emerging capability of Big Data technologies to store, access, analyze, and react to this data is producing changes in business models under the umbrella of the Internet of Things (IoT). In particular within the Insurance industry, IoT appears positioned to enable deep changes by altering relationships between insurers, distributors, and the insured. In his session at @ThingsExpo, Michael Sick, a Senior Manager and Big Data Architect within Ernst and Young's Financial Servi...
The recent trends like cloud computing, social, mobile and Internet of Things are forcing enterprises to modernize in order to compete in the competitive globalized markets. However, enterprises are approaching newer technologies with a more silo-ed way, gaining only sub optimal benefits. The Modern Enterprise model is presented as a newer way to think of enterprise IT, which takes a more holistic approach to embracing modern technologies.
17th Cloud Expo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises are using some form of XaaS – software, platform, and infrastructure as a service.
One of the biggest impacts of the Internet of Things is and will continue to be on data; specifically data volume, management and usage. Companies are scrambling to adapt to this new and unpredictable data reality with legacy infrastructure that cannot handle the speed and volume of data. In his session at @ThingsExpo, Don DeLoach, CEO and president of Infobright, will discuss how companies need to rethink their data infrastructure to participate in the IoT, including: Data storage: Understanding the kinds of data: structured, unstructured, big/small? Analytics: What kinds and how responsiv...
The Workspace-as-a-Service (WaaS) market will grow to $6.4B by 2018. In his session at 16th Cloud Expo, Seth Bostock, CEO of IndependenceIT, will begin by walking the audience through the evolution of Workspace as-a-Service, where it is now vs. where it going. To look beyond the desktop we must understand exactly what WaaS is, who the users are, and where it is going in the future. IT departments, ISVs and service providers must look to workflow and automation capabilities to adapt to growing demand and the rapidly changing workspace model.