The top 20 leading medium-sized IT consultancies in Germany saw average growth of 14.5 percent in 2022, which is higher than the overall IT services market. Despite the uncertain economic outlook, further growth of 12.8 percent is forecast for 2023. BE-terna reached 12th place in this list with a revenue increase of around 17 percent.
This shows that demand for IT consulting and systems integration remains high even in difficult times, and companies are increasingly turning to external service providers like BE-terna to drive their digital transformation and improve their business results.
Consistent growth speaks for success
A revenue increase of around 17 percent illustrates BE-terna's continuous growth, proving its high performance and customer focus. BE-terna has established itself as a trusted partner for numerous companies that rely on innovative business software solutions to optimize their processes and drive their digital transformation.
"We are proud to be listed again in the Lünendonk list of leading medium-sized IT consulting and system integration companies in Germany," said Gerald Pichler, CEO of BE-terna.
"In 2022, we achieved significant milestones, including expansion in Northern Europe with the establishment of our subsidiary in Norway. In addition, we are proud to be part of the Telefónica Tech family since last year."
"This collaboration allows us to combine our decades of experience in business software, with other key technologies such as cybersecurity. It allows us to develop and implement strategies in all areas of digitalization and connectivity for our customers."
Optimistic outlook for 2023 and 2024
"2022 was a very successful year for most medium-sized IT consultancies. All companies on the list were able to increase their revenues. While the average growth of medium-sized companies over the last five years was 11.5 percent, they were able to achieve above-average growth of 14.5 percent in 2022," Tobias Ganowski, Consultant at Lünendonk & Hossenfelder, commented on the results.
Despite difficult economic conditions in 2022, companies and the public sector continue to rely heavily on digitization and invest in IT solutions. IT service providers expect continued high demand for IT consulting, development of digital solutions, modernization of IT and cloud transformation. Although growth is expected to be somewhat slower in 2023 (12.8 percent) due to the current economic situation, demand for external IT services to implement digital transformation remains high.
Lünendonk & Hossenfelder has been analyzing the European business-to-business (B2B) services markets since 1983. The Lünendonk List 2023 "Leading medium-sized IT consulting and system integration companies in Germany" is now available for download free of charge. It is part of the comprehensive Lünendonk study "The Market for IT Services in Germany". It provides IT service providers and their customers with important key figures and comprehensive information for their planning. To be included in the list, companies must meet strict criteria, including having their headquarters or a majority of their share capital in Germany, sales of up to 500 million euros, and proven expertise in IT consulting, software development and systems integration.