itelligence Denmark expands by acquiring leading Business Analytics specialist 4C Management Consulting
Horsens/Bielefeld – January 7, 2014 – SAP specialist itelligence Denmark announces its 100% acquisition of 4C Management Consulting to strengthen its offering to Danish and Nordic companies with strategic advisory services. The goal of the merger is to provide customers with the advantage of better integration between their strategic performance management and ERP solution.
“With this acquisition we are continuing our dynamic investments in strategic growth opportunities. Business Analytics (Business Intelligence) and Enterprise Performance Management is a key focus area of the itelligence future service portfolio and offers worldwide and we are delighted about the new opportunities – not only in Scandinavia but also for itelligence worldwide,” says CFO Norbert Rotter from itelligence headquarters. With effect from January 1, 2014, in the Nordic Region, itelligence has taken over 4C Management Consulting (4CMC), thus giving itelligence more competence for strategic advice in creating business advantages.
«This acquisition is a strong match between two companies within SAP implementation and strategic management information. Together we will be more capable of creating integration between strategy, management and IT for our customers. It’s all about maximizing benefits of investment in SAP and achieving strategic objectives, «says the CEO from 4C Management Consulting Henrik D. Müller, who will continue with all partners from 4CMC in the itelligence group to ensure the continued development of strategic solutions for effective performance management.
2013 revenue is expected to be around 60 million DKK with strong profitability. But achieving further growth and development of 4CMC will require a strengthened organizational setup and a strong ERP implementation partner with a strong focus on value creation and process optimization and itelligence with more than 180 employees in the Nordic Region has processes and organization in place to support the new colleagues from 4CMC.
«4CMC has a strong focus on supporting companies with strategic solutions and combined with itelligence’s business understanding and years of experience with ERP implementation, we can make a big difference in the market. With this merger we are accelerating our ambition to become the customers’ leading SAP Business Analytics partner in Scandinavia,” says Vice President and CEO in the Nordic Region Nicolaj Vang Jessen.
“The Nordic region has an extraordinary potential for itelligence and is an important contributor to the success of the European region in itelligence. We will continue to pursue our goals for growth and expand our presence in Scandinavia and I’m convinced that this new partnership will not only be beneficial to customers in the Nordic Region but in Europe as well,” says Executive Vice President Stefan Ellerbrake, Head of Regional Business Unit Western Europe in itelligence.
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 2012, itelligence generated total sales of EUR 407.1 million. itelligence is “Top Consultant” 2013/14.