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21 April 2016

Successful course continues: KUMAVISION AG is growing faster than the market

The IT service provider KUMAVISION is further expanding its position as one of the strongest Microsoft partners in Germany. The specialist for ERP and CRM software based in Markdorf recorded growth of 10 percent in the past financial year. Sales increased from 39,2 to 42,9 million. Earnings before taxes grew accordingly and the margin remained stable. At the same time, the number of employees increased: KUMAVISION now employs 15 employees at 350 locations in Germany, Austria and Switzerland (previous year 330).

KUMAVISION CEO Kay von Wilcken sees his company on the right track given the positive figures: "We are extremely pleased with the past financial year and have achieved our goals and, as planned, have further consolidated our position among the top 3 Microsoft partners in the German-speaking world." While the market for integrated business solutions has increased by 2015 percent according to the industry association Bitkom 2,9, KUMAVISION achieved organic growth of 10 percent in terms of sales.
The company uses its broad positioning as the basis of its success: KUMAVISION covers the specific needs of medium-sized customers from heterogeneous markets such as the manufacturing industry, trade, service and health market with various ERP industry solutions. With the software, all business processes of a company, for example in sales, purchasing, warehouse, production and accounting can be controlled in an integrated manner. Software for Customer Relationship Management (CRM), for Business Intelligence (BI) and the cloudbased use of the entire range of solutions round off the portfolio.

Looking ahead to the past fiscal year, the KUMAVISION CEO was particularly pleased that the internal restructuring of the Healthcare Solutions division and the exchange rate-related market situation in Switzerland had no significant impact on the company's overall result.

Market presence expanded

KUMAVISION has also further improved its market position through targeted acquisitions. At the end of 2015, the Microsoft Dynamics NAV business of Systec GmbH (Bielefeld) and Real Consulting GmbH (Koblenz) were taken over. "We are committed to a healthy mix of organic growth and matching acquisitions, and the goal of the growth policy is to further expand our strong position as a leading Microsoft business partner and to further complement the company's product portfolio and expertise." von Wilcken, The acquisitions will only be reflected in the balance sheet from 2016, the company expects a very positive result. KUMAVISION has also expanded its regional presence with the opening of the Freiburg site.

20 years

2016 celebrates KUMAVISION anniversary, Prior to 20 years, the company started with 10 employees and is one of the most powerful business solution providers based on XNUMX Microsoft Dynamics (formerly Navision) become. Meanwhile, the company employs 350 staff and looks back on more than 1.000 realized projects. "The successes of the last 20 years are an incentive for us to continue to provide our customers with valuable competitive advantages in the future with equally innovative and field-tested solutions," said von Wilcken.

Excellent innovation

Targeted investments in the development of Microsoft Dynamics NAV-based industry solutions as well as in the qualification of employees are a central element of the corporate strategy. A strategy that is not only valued by customers: KUMAVISION is the only software provider in the Top 50 in the innovation ranking of the trade journal WirtschaftsWoche. The basis for the ranking, in addition to the analysis of annual financial statements and company presentations, was discussions with customers and industry experts, managing directors, owners and advisors in companies.

Positive outlook

Setting the course for the future is the topic of Industry 4.0 at KUMAVISION Agenda: A task force of consultants, developers, users, and researchers will explore the role that ERP systems will play in the smart factory of the future. Also on the topic Cloud the company sees itself well positioned: "Our customers can freely choose whether they want to operate the business solutions provided by us locally in their own company or out of the Cloud want to relate ", so von Wilcken. For the current financial year, KUMAVISION is aiming for growth of 10 percent again. "We are looking ahead to 2016 with great confidence. The results of the first quarter show that we are on the right track," says von Wilcken.

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