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Cloud Transformation gaining Momentum / 9-Month Financial Statement 2017/18 Published

Good momentum / »Private Cloud Leader Germany« / Sales plus 11% to EUR 248.4 million / EBIT minus 6% to EUR 13.9 million / Major Investments in estab­lishing cloud-driven lines of business solutions and the transition to SAP S/4HANA / Awarded: »Deutschlands Beste Jobs mit Zukunft 2018« / Close watch on profitability

Filderstadt, 13 August 2018 – All for One Steeb AG, the Number 1 in the German-speaking SAP market, a leading IT service provider, and sought-after partner for digitalisation in the midmarket sector, has published its (unaudited) quarterly statement for the 9-month figures for the period 1 October 2017 to 30 June 2018 as scheduled on 10 August 2018.

Digitalisation has now arrived in the midmarket. The highly regarded market study »Digitalisation in the Midmarket Segment 2018« con­ducted together with the IUBH University of Applied Sciences in Bad Honnef, the European Institute for Leadership and Transformation in Cologne, All for One Steeb and its subsidiary Allfoye Managementberatung GmbH, Düsseldorf, also clearly shows the following: The road to actual implementation is a lengthy one, and the potential along the way is enormous. The high level of dynamics with which All for One Steeb is expanding the business and helping customers improve their competitiveness through digitalisation continued unabated during the first 9 months of the financial year 2017/18 (Oct 2017 – Jun 2018).

The market observers from ISG (Information Services Group) ranked All for One Steeb a »Leader Germany« in their ISG Provider Lens Study »Infra­structure & Data Center / Private Cloud 2018«. An important up-and-coming option is »Running SAP in the Public Cloud«, as predicted by the survey of the same name conducted by Crisp Research AG, Hanover, together with All for One Steeb.

All for One Steeb is using this powerful momentum to make greater investments in establishing its cloud-driven lines of business portfolio such as solutions for the human resources, sales and marketing departments as well as in SAP S/4HANA (know-how, experience, business process library), in IoT, machine learning and in the platform business (SAP Leonardo, Microsoft Azure, AWS) and is laying the foundations for the successful and efficient transition to SAP S/4HANA as the »Digital Core«.

These investments coincide with increased expenditures for marketing, training and knowledge management, not to mention the costs of growing the workforce while the shortage of skilled consultants is further increasing (awarded: »Deutschlands Beste Jobs mit Zukunft 2018«, Focus Money, July 2018). All for One Steeb is well-positioned to ensure the successful transformation of its large customer base and is keeping a close watch on profitability.