The SAP consulting firm increased its annual revenue from 53.2 million euros in 2015 to 58.1 million euros in 2016 – a rise of 9.3 percent. The company, which was founded in 1995, is continuing its clear growth trajectory.
Over the past six years, cbs has more than trebled its revenue, far exceeding its own expectations.
“We have achieved another excellent result, which we are very proud of. Our growth is robust and sustained. cbs has full order books and is generating healthy profits. We will continue to systematically pursue this successful course,” explains cbs CEO Harald Sulovsky.
International parts of the cbs group contributed their share of revenue to the Group’s positive development.
Business is also booming at subsidiary leogistics.
The Hamburg-based company specializing in warehouse and transportation logistics saw revenue rise by an impressive 40 percent in 2016 and contributed 7.6 million euros (prior year: 5.4 million euros) to the cbs Group’s total revenue.
With their leogistics yard suite solution, developed on the basis of SAP technology, the logistics experts have achieved an outstanding position in the Supply Chain Management (SCM) sector.
A number of big-name corporations have already opted for this solution. leogistics is enjoying strong growth and is focusing on expanding its international activities in 2017.
Enterprise Transformation 4.0 as Growth Driver
S/4 proved to be a growth driver during the past fiscal year. As an innovation leader, cbs is fully committed to the new SAP solution environments. The consultancy has developed strategies and road maps in the S/4 space for respected major corporations.
The cbs S/4 Transition Program is a consulting methodology designed to help global players make the move to S/4 not as an isolated IT initiative, but as a strategic component of a broader business agenda.
cbs provides its clients with end-to-end support throughout their journey toward establishing globally standardized structures, processes, and IT systems, and becoming fully integrated global corporations, with S/4 as their new core solution.
“We design the connection between digital transformation and globalization in the SAP space for our clients. There is considerable demand for consulting relating to S/4.”
“We provide our clients with specific solutions for successful, fast, and reliable business transformation,” states cbs CEO Harald Sulovsky.
With Enterprise Transformer for S/4, cbs offers the world’s first end-to-end standard software that enables companies using SAP to move to the new SAP Business Suite.
The solution delivers support for clients’ specific situations and ensures secure migration to the solution and data structures of the new ERP platform.
Harald Sulovsky explains: “As a pioneer in the field of S/4, we firmly believe in the added value of this innovation, which enables SAP users to tackle their move head on.”
Specialist in Global Rollout Strategies and Cloud Solutions
Many innovative endeavors involve SAP implementations at an international level. As a global solution provider for industrial enterprises, cbs is the first port of call for initiatives of this kind.
cbs specializes in developing an optimal rollout strategy and a global solution concept that enables companies to effectively model their business and accelerate implementation of SAP software around the globe.
There was great demand for rollouts in the USA and South America, in Asia, and in the Pacific region. In countries such as Brazil, Argentina, Mexico, and Uruguay, cbs has gained ground thanks to its leading Latin America expertise and its solutions for implementing local legal requirements (cbs LatAm Cloud).
One of cbs’s particular strengths is its ability to deliver high-quality consulting services worldwide.
With the support of nearshore and offshore centers, and a strong partner network, the SAP consultancy is able to provide advice and assistance locally for clients around the world. More than 30 percent of total revenue was generated though the global network.
Continued Growth Trajectory – New Headquarters Taking Shape
During the 2016 fiscal year, the cbs Group again expanded its workforce. Of the 70 new employees, 60 are consultants. This brought the total number of cbs employees to 350 by year-end.
In 2017, the company plans to expand its team of consultants by adding a further 50 tasks. We do this by investing heavily and continuously in training and advancement,” states Harald Sulovsky.
“Back at the end of 2015, we launched an enterprise-wide training initiative on digital transformation with S/4 and have invested nearly 2,000 consultant days in it since then.
“In our Labs, our consultants develop the end-to-end digital business processes of the future and integrate Industry 4.0, IoT, and big data. In the coming months, we will apply our latest innovations in real-world projects.”
To create space for further expansion, cbs is building modern company headquarters that will accommodate 450 employees in . The building, which is just ten minutes’ walk from the city’s main station, is scheduled for completion in spring 2018.
Driving International Growth
In 2017, cbs plans to push ahead with international growth and prepare the entire organization for the future.
“We are stepping up our internationalization efforts this year. Demand for our services is high, and globalization of our markets continues to make progress. Our medium-term aim is therefore to develop cbs into a company represented by its own offices and local consultants in all relevant regions around the globe,” says cbs CEO Sulovsky, with an eye to the future.