Company Research Report: Nagarro SE

Company Overview

• Name: Nagarro SE

• Mission of the Company: Nagarro aims to assist clients in becoming fluidic, innovative, digital-first companies, thereby helping them win in their respective markets. The company emphasizes an entrepreneurial, agile, and global approach, highlighted by its CARING mindset and Fluidic Enterprise vision.

• Founded: Specific founding details are not available.

• Founders: No information is available.

• Key People: Specific key personnel names are not provided.

• Headquarters: No specific headquarters location is mentioned.

• Number of Employees: Approximately 18,300 employees.

• Revenue: Detailed revenue figures are not specified; however, Nagarro reported a 6.3% year-over-year revenue growth in constant currency for the first half of 2024.

• Known For: Nagarro is recognized as a global leader in digital engineering, known for its digital product engineering, e-commerce, and customer experience services, AI and ML-based solutions, cloud and IoT solutions, and next-generation ERP consulting.

Products

Nagarro offers services across various domains, primarily focusing on:

• Digital Engineering: Future-proofing businesses through value-driven and technologically advanced solutions.

• Intelligent Enterprise Solutions: Mastering critical business applications to empower business growth.

• Experience and Design: Driving success through powerful design insights.

Key Product Features

• API Management and Development: Helping companies like Audi enhance customer experiences.

• Sustainable IT Solutions: Assisting companies like Lufthansa and the BMW Group in digital transformations with sustainability in focus.

Recent Developments

• Strategic Partnerships:

• D.velop Partnership: Announced a strategic partnership with d.velop to enhance digital document management.

• MoEngage Collaboration: Partnered with MoEngage to address data-driven hyper-personalization needs for consumer businesses.

• Expansion and Recognition:

• Achieved Select status in the Databricks Partner Program.

• Recognized as a Leader in Everest Group’s Life Sciences Digital Services for Mid-market Enterprises PEAK Matrix® Assessment 2024.

• Internal Initiatives:

• Joined the United Nations Global Compact.

• Conducted groundbreaking partnerships with educational institutions in Germany to co-develop innovative courses on digital public management.

Financial Performance

• Performance Indicators:

• Experienced a 9.4% annual revenue growth in constant currency for the financial year 2023.

• Continues to post profitable growth with a 6.3% YoY revenue increase in H1 2024.

Recent Launches and Innovations

• Developing advanced API-based tech solutions and innovative digital public management courses.

• Enhanced partnerships underpinned by technology such as hyper-personalization and cloud optimization.

New Partnerships and Initiatives

• German Handball Collaboration: Partnered with Rhein-Neckar Löwen, enhancing brand presence in sports.

This detailed report encapsulates Nagarro SE's push towards sustained growth through strategic initiatives, innovative product offerings, and significant partnerships on the global stage. Important details such as headquarters location and founding specifics are unfortunately not available.