CANCOM | Jotup

EQS-News: CANCOM SE: CANCOM publishes Annual Report 2023 and forecasts significant growth

Retrieved on:

Wednesday, April 10, 2024

Annual report, Growth, Supervisory board, CANCOM, Internet of things, International, ERP, Economic development, Artificial intelligence, Acquisition, Bank statement, The International, KBC Group

Munich, Germany, 28 March 2024 – In the 2023 financial year, Group revenue increased by 17.8 percent to € 1,522.7 million.

Key Points:

Munich, Germany, 28 March 2024 – In the 2023 financial year, Group revenue increased by 17.8 percent to € 1,522.7 million.
The CANCOM Group also achieved a significant increase in gross profit of 33.0 percent to € 582.3 million (prior year: € 437.9 million).
"Thanks to our successful acquisition strategy, we closed the 2023 financial year with significant growth," summarises Rüdiger Rath, CEO of CANCOM SE.
The first joint annual financial statements published with the annual report are another important milestone in the integration of the two companies.

Industry Leaders CrowdStrike and Rubrik Announce Strategic Partnership to Transform Data Security

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Wednesday, March 27, 2024

Security, Data Management, Technology, Artificial Intelligence, Software, Cloud, World Wide Technology, Organization, Face, CANCOM, XDR, Partnership, Research, Classification, Practice, Risk management

CrowdStrike (Nasdaq: CRWD) and Rubrik today announced a strategic partnership to accelerate data security transformation and stop breaches of critical information.

Key Points:

CrowdStrike (Nasdaq: CRWD) and Rubrik today announced a strategic partnership to accelerate data security transformation and stop breaches of critical information.
By unifying rich, data-centric attack context from the Rubrik Security Cloud with the industry-leading AI-native CrowdStrike Falcon® XDR platform , organizations can rapidly detect, investigate and stop attacks targeting sensitive data.
Our partnership with Rubrik strengthens CrowdStrike’s data gravity, unifying threat detection with data discovery, classification and backup,” said Daniel Bernard, chief business officer at CrowdStrike.
“With Rubrik's data security intelligence, CANCOM's focused solutions and services, and CrowdStrike's cutting-edge cyber security solutions, we will fortify our offering with increased protection, faster recovery, and reduced data security risk.

EQS-News: CANCOM SE: CANCOM grows very significantly in 2023 and achieves key forecast targets

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Tuesday, February 13, 2024

Acquisition, CANCOM, Growth, Annual, Annual report, Health care

Successful implementation of the acquisition strategy in the DACH region ensures very significant growth for the CANCOM Group over the year as a whole.

Key Points:

Successful implementation of the acquisition strategy in the DACH region ensures very significant growth for the CANCOM Group over the year as a whole.
Sales increased by 17.8 percent to € 1,523.1 million and gross profit improved by 33.0 percent to € 582.6 million.
Munich, Germany, 13 February 2024 – The CANCOM Group successfully closes the 2023 financial year with very significant growth.
EBITDA also increased significantly by 10.9 percent and is expected to reach € 116.3 million (previous year: € 104.9 million).

German Firms Using Multicloud Approach to Gain Flexibility

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Tuesday, January 9, 2024

The 2023 ISG Provider Lens™ Multi Public Cloud Services report for Germany finds many German companies are setting up hybrid or multicloud environments and engaging with more than one cloud services provider.

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The 2023 ISG Provider Lens™ Multi Public Cloud Services report for Germany finds many German companies are setting up hybrid or multicloud environments and engaging with more than one cloud services provider.
“German firms have gained added flexibility to negotiate usage prices by working with more than one hyperscaler,” said Matthias Paletta, ISG director, technology modernization, based in Germany.
Even in a competitive market, the complexity of cloud environments can still make it difficult to keep costs under control.
Service providers can use FinOps tools to gain visibility into cloud resources, capacity utilization and costs, the report says.

EQS-News: CANCOM SE: CANCOM strengthens expertise in the area of complex IT infrastructure and managed services through the acquisition of significant parts of DextraData GmbH

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Thursday, December 14, 2023

EBITDA, Partnership, Acquisition, Dell, SE, CANCOM, ITCS, Public sector, AI, Financial services

CANCOM acquires the IT consulting and services division of DextraData GmbH with 57 experts in an asset deal.

Key Points:

CANCOM acquires the IT consulting and services division of DextraData GmbH with 57 experts in an asset deal.
Extensive know-how in consulting, implementation and managed services strengthens CANCOM's service business in an important trend area.
Munich, Germany, 27 November 2023 - The CANCOM Group announces the acquisition of the IT Consulting and Services business (ITCS) of DextraData GmbH.
With the purchase agreement concluded on 27 November 2023, CANCOM takes over the division, which combines the business with complex IT infrastructure and managed services.

EQS-News: CANCOM SE: Supervisory Board of the CANCOM Group reorganized

Retrieved on:

Tuesday, December 12, 2023

CANCOM, Supervisory board, RTÉ Executive Board, Annual general meeting, DACH, IPO, SE, Property management

Munich, Germany, 12 December 2023 – At its meeting today, the Supervisory Board of CANCOM SE reorganised the responsibilities on the Board.

Key Points:

Munich, Germany, 12 December 2023 – At its meeting today, the Supervisory Board of CANCOM SE reorganised the responsibilities on the Board.
Klaus Weinmann, who was appointed to the Supervisory Board by court order on 25 October 2023, was elected Chairman of the Supervisory Board at today's meeting.
The Executive Board and Supervisory Board would like to thank Dr. Koniarski in particular for his trustworthy and constructive work on the Supervisory Board of CANCOM SE over the past ten years.
In addition, the Supervisory Board and the Executive Board wish the new Chairman of the Supervisory Board, Klaus Weinmann, a good start and thank Stefan Kober for his work as Chairman of the Supervisory Board.

Hybrid Work May Hold Key to German Talent Retention

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Tuesday, October 17, 2023

Hybrid work challenges German organizations to reinvent the office while at the same time coping with government regulations, increased security concerns and flexibility demands, the ISG report says.

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Hybrid work challenges German organizations to reinvent the office while at the same time coping with government regulations, increased security concerns and flexibility demands, the ISG report says.
“German firms are moving toward more people-centered approaches in employee experience and workplace well-being.”
Some traditional German businesses, known for their preference for established structures and face-to-face interactions, have been reluctant to embrace the hybrid work model, the ISG report says.
A recent global study by Unispace found that mandatory return-to-office policies are having a detrimental impact on German recruitment efforts.
The 2023 ISG Provider Lens™ Future of Work (Workplace) Services report for Germany is available to subscribers or for one-time purchase on this webpage.

Managed Services Growing in Well-Connected Germany

Retrieved on:

Wednesday, August 16, 2023

“Service providers are automating their operations to save costs and improve quality,” said Dr. Matthias Paletta, director, technology modernization, for ISG in Germany.

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“Service providers are automating their operations to save costs and improve quality,” said Dr. Matthias Paletta, director, technology modernization, for ISG in Germany.
In addition, Germany’s access to low-cost green power makes it an attractive location for data centers and managed cloud-based services, ISG says.
According to the ISG report, colocation services are used by more than 10,000 companies in Germany, resulting in an estimated spending of approximately €1.3 billion in 2021.
The 2023 ISG Provider Lens™ Private/Hybrid Cloud - Data Center Services report for Germany evaluates the capabilities of 99 providers across six quadrants: Managed Services for Large Accounts, Managed Services for Midmarket, Managed Hosting for Large Accounts, Managed Hosting for Midmarket, Colocation Services for Large Accounts and Colocation Services for Midmarket.

Swiss Firms Seek Innovative Ways to Control Rising IT Costs

Retrieved on:

Wednesday, August 16, 2023

As a result, despite a relatively low profit margin, the managed hosting business in Switzerland remains significant, the ISG report says.

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As a result, despite a relatively low profit margin, the managed hosting business in Switzerland remains significant, the ISG report says.
“Even so, they should still plan for renegotiations with their current clients.”
Providers are taking two principal routes to achieving their automation goals.
According to the ISG report, many Swiss firms are turning to technologies from niche providers instead of opting for costly conversions.
In addition, CANCOM and TCS are named as Rising Stars — companies with a “promising portfolio” and “high future potential” by ISG’s definition — in one quadrant each.

Germany’s IoT Market Growth Accelerating on AI, 5G

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Thursday, August 10, 2023

In addition, IoT can help companies reduce their carbon footprints and meet sustainability targets, ISG says.

Key Points:

In addition, IoT can help companies reduce their carbon footprints and meet sustainability targets, ISG says.
“IT service providers are critical in planning and implementing IoT sustainability solutions,” said Philipp Glatz, partner and smart manufacturing lead for ISG EMEA, based in Germany.
An increased emphasis on sustainability has led to a major transformation in Germany’s IoT strategy services market as manufacturers have had to rethink their overall approach.
Companies are now looking for IoT solutions that can help them save costs by saving energy, ISG says.