Konica Minolta targets annual turnover of 465 million Euros with IT Services in Europe by 2020
At CeBIT 2017, Konica Minolta Business Solutions Europe (Konica Minolta) is announcing its target for 2020 with regard to IT Services: By then, the company plans to achieve an annual turnover of 465 million Euros with services in the areas of Enterprise Content Management (ECM), Managed Services, IT Security, and Enterprise Resource Planning (ERP). With that the company intends to become a leading global IT Services provider.
For the last 15 years, the digital revolution has wrought changes as fundamental as the industrial revolution did some 200 years ago; and the ongoing digitalisation continues to transform the economy and society profoundly. Keeping pace, in 2014 Konica Minolta formulated its own transformation programme: The Medium Term Business Plan “TRANSFORM 2016“ describes what the company shall look like in three years, after completing its transformation.
At CeBIT 2017, Konica Minolta presents its strategies to achieve the position of leading global IT Services provider. The transition within the company called for a complete realignment towards an IT portfolio, in order to be able to offer services such as Enterprise Content Management (ECM), Managed Services, IT Security, and Enterprise Resource Planning (ERP). This goal was achieved by numerous acquisitions such as Serians (France) and Raber+Märcker (Germany), which have gradually been integrated into the company. Raber+Märcker has been operating under the name of Konica Minolta IT Solutions since 2015. Presently, nearly 500 employees in Service & Support are exclusively involved in rendering IT Services to customers.
The various measures have paid off. During the last fiscal year*, the company achieved 115 million Euros exclusively with IT services, which represents 4.8% of its turnover. However, looking at the conventional MFP business, the total is considerably higher because many MFP customers, so-called hybrid customers, meanwhile also purchase IT services. And the company has ambitious targets:Plans are to increase the annual turnover with IT services to 350 million Euros by 2020. Adding the IT services turnover from hybrid customers to that, this target actually amounts to 465 million Euros.
For more information, please visit: http://cebit2017.konicaminolta.eu.
*The present fiscal year ends on 31-03-2017; more recent figures are therefore not yet available.