Press Releases

adesso subsidiary Afida, which began operating on the market in June 2022, has been awarded another project by its contract partner Frankfurter Leben Holding (FLH). The FLH insurance group only recently announced the acquisition of the runoff portfolio of Generali Deutschland Pensionskasse. Frankfurter Leben will also be giving this segment to its runoff partner Afida for migration on the basis of the two companies’ successful working relationship so far. This is a promising growth area in the life insurance segment for IT and SaaS service provider adesso, which has secured a major future market with its spin-off Afida.

Reachbird, one of the foremost influencer marketing agencies in Germany, Austria and Switzerland, is making it easier to launch and manage influencer campaigns on LinkedIn. The adesso subsidiary’s RTECH influencer marketing platform is now connected to the business network LinkedIn through an application programming interface (API), allowing companies to access the latest data to plan and evaluate their campaigns.

The Supervisory Board of adesso SE has appointed Kristina Gerwert (46) as a new member of the company’s Executive Board with effect from

1 July 2023. The long-serving Head of Human Resources will assume responsibility for HR, “Corporate Buildings” and a subsidiary in the insurance segment. Gerwert’s Executive Board contract will run until 2027.

New toy or game-changer? Millions of people are using ChatGPT as an entirely normal part of their daily routine. The success of the large language model has surprised many. IT service provider adesso asked decision-makers at German companies about their expectations and experiences with AI, their plans for the future and how they see the technology developing. The verdict? AI is coming, and there isn’t much standing in its way.

IT service provider adesso is continuing its expansion to the UK by establishing a branch in London. Including the latest national subsidiary, adesso UK Limited, adesso is now represented in 14 countries around Europe, taking it one step closer to the goal of establishing itself as a leading IT service provider Europe-wide. The UK subsidiary will initially focus on supplying companies in the UK with attractive near-shore and offshore offerings from the adesso Group’s global supply network.

In its consolidated financial statements, adesso SE has confirmed the preliminary figures for 2022 that were published in mid-February. Group sales grew strongly again year on year, lifting the total figure by 33 % to a new record of EUR 900.3 million. Of that growth, 29 percentage points were organic. Accordingly, EBITDA stood at EUR 92.9 million (previous year: EUR 102.0 million). Excluding the non-recurring effect of EUR 17.9 million from a company sale in 2021, operating earnings (EBITDA) rose by 10 %. In addition to the capacity utilisation delays caused by the high pace of growth, as well as investments in corporate culture and infrastructure, significantly higher rates of sick leave in 2022 following the wide-scale lifting of COVID-19 protection measures prevented a greater increase in EBITDA. At 10.3 %, the EBITDA margin fell slightly short of the target corridor of 11 % to 12 %, whereas EBITDA and sales forecasts were achieved or exceeded.

IT service provider adesso is expanding its lottery business into the North American market for the first time: The consulting and software development company – headquartered in Germany and with around 60 other locations in Europe – becomes a member of the North American lottery association NASPL (North American Association of State and Provincial Lotteries). NASPL membership marks the starting point for the rollout of the technology and consulting portfolio to the U.S. and Canadian markets.

The international IT service provider adesso is now offering a comprehensive SAP and cloud portfolio through the adesso Group for projects in Hungary. The activities of the adesso units already represented in the country are being merged into a joint business organisation. This will provide companies with comprehensive support for transitioning IT landscapes to SAP S/4HANA and cloud technologies. Thus the digital transformation and process optimisations will be supported by a broad selection of measures and implemented using new technologies.

For the second time since 2020, adesso has been named Germany’s Best Employer 2023 in a cross-industry competition organised by the Great Place to Work® Institute. The honour comes in addition to the title of Germany’s Best Employer in the ITC sector, which it received on 9 March, and is a sensational win for adesso. The IT company was presented with the 1st place award in the size category over 5,000 employees at a ceremony in Cologne yesterday evening. The repeat of 2020’s double victory underscores adesso’s efforts to maintain a strong and attractive employer brand.

IT service provider adesso has embarked on strategic cooperation with AI specialist Aleph Alpha. Through its program Luminous, the Heidelberg-based startup offers a multimodal AI language model that can be used to process complex texts in combination with images. As an integration partner, adesso supports companies in implementing this AI solution in their business processes.