Systems Integrators lead growth in European IT

Top 700 European Systems Integrators generate combined revenues in excess of $170 billion (€108bn)
Average year-on-year sales growth 11%

A growing desire amongst both private and public sector organisations to outsource responsibility for the implementation and support of IT has enabled Europe’s leading System Integrators to post growth rates well above the industry average over the last year. The top 700 European Systems Integrators, which between them employ 1.29 million people, posted average growth rates of 11.27% in generating combined sales of $169.96 billion

(€107.57bn) last year. These are amongst the findings of “Systems Integrators in Europe –The Top 700”, the latest database report from IT Europa which is published today.

The database report, which provides detailed business profiles of each of the top 700 European Systems Integrators, provides further evidence that Europe’s IT industry is increasingly being driven by applications and service based sales.

In terms of geography, the highest growth rates were achieved in Germany (average 18.45%) followed by Italy (16.98%) and Poland (16.35%). Norway was at the bottom of the growth league with just 4.58% growth. Amongst the leading companies, major winners included Dimension Data (23.5% growth) Accenture (19.8%) and IBM (18%)

“What we are seeing here is mainly geographic growth as companies set up operations in other regions, particularly Eastern Europe, by a combination of organic growth and acquisition,” explains Christine Bardwell, IT Europa Research Manager. “Companies such as Ness, Logica CMG, CIBER Novasoft, S&T CZ and Sigma AB have all benefitted from significant acquisitions over the last 2 years.”
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