Press Releases

IT service provider adesso continued its strong growth in 2020 in spite of the global pandemic, increasing its sales by 16 % to EUR 523.4 million. Operating earnings (EBITDA) improved more significantly, by 26 % to EUR 60.4 million. All in all, the business model and sector diversification have proven to be resilient.

The Supervisory Board of adesso SE has appointed Torsten Wegener to the Executive Board as of 1 April 2021, bringing the total number of members to six. This new addition to the management is one way the IT service provider is responding to its rapid growth, the diversification of business fields and target industries, and advances in internationalisation.

A study published today by adesso insurance solutions and the Leipzig insurance forums provides a clear picture of the German healthcare system in the years to come, as well as the role of private health insurance (PHI) in this sector.

Online and blended lessons have unfortunately now become the norm for many pupils in these coronavirus times. To get home schooling to work, a basic prerequisite is good IT equipment, of course. The IT company adesso would like to provide support locally and has committed to helping Heisenberg-Gymnasium in Dortmund quickly and unbureaucratically. It is a small Easter present, so to say.

The Executive Board of the IT service provider adesso has reached an agreement with the US company Crownpeak Technology Inc. on the sale of its subsidiary e-Spirit AG. The wholly-owned adesso subsidiary develops and sells the internationally renowned content management product FirstSpirit.

The Pensionskasse der Mitarbeiter der Hoechst-Gruppe VVaG, one of the largest pension funds in Germany, has decided to comprehensively renew its application landscape based on products from adesso insurance solutions GmbH. Furthermore, a long-term maintenance agreement was also signed. The project has begun on March 1, 2021 and will run for approx. four years. The aim is to keep the system landscape and processes future-proof over the long term and to exploit further strategic potential in the product portfolio and digitization.

Understanding insurance customers better and crafting precision-tailored offerings is the goal of a new strategic cooperative initiative launched by IT service provider adesso and FinTecSystems GmbH, a leading infrastructure fintech firm focusing on open finance. The partnership is to concentrate on analysing and interpreting payment transaction streams. This “open finance” approach is based on the new EU Payment Services Directive (PSD2).

For over seven million German citizens, Bausparkasse Schwäbisch Hall is the first port of call for home loan savings, building finance, renovation and refurbishment, and for follow-on financing of their construction projects. In the context of a large project to bring its IT systems up to date, Bausparkasse has engaged the IT service provider adesso for a sub-project. adesso will support the bank to develop an SAP-based application for its core banking business as a first-time lender. An initial system release with adesso support has already gone live, with the second release planned for autumn 2021.

adesso is continuing to pursue its expansion strategy in the new year and is heading to where its customers and highly qualified IT experts, including recent university graduates, are already based. This month, adesso opens its 26th office in Germany in Paderborn. There are plenty of reasons why the company has decided to establish a presence in the western German city, located in the heart of the country’s eastern Westphalia region.

Health insurance premiums have recently been increased for some 52 % of Germans. The changes affect statutory health insurance providers and private insurers alike. However, insurers don’t appear to be communicating the changes very well, with 58 % of customers stating that they don’t really understand the reasons for the increase. Some 38 % of respondents said they were considering a switch in health insurance provider due to the increased premiums. The study was conducted on behalf of the InsurTech company PBM Personal Business Machine AG and the IT service provider adesso.