SEIDOR Company Profile

Background

Overview

SEIDOR is a multinational technology consulting firm headquartered in Barcelona, Spain, established in 1982. The company specializes in providing comprehensive technology solutions and services, including enterprise resource planning (ERP), customer experience (CX), employee experience, data analytics, application modernization, cloud computing, edge technologies, connectivity, and cybersecurity. As of 2024, SEIDOR employs over 10,000 professionals and operates in 45 countries across Europe, the United States, Latin America, the Middle East, Africa, and Asia.

Mission and Vision

SEIDOR's mission is to drive the competitiveness and transformation of organizations by leveraging technological opportunities and business knowledge, with a strong emphasis on human values and talent development. The company envisions itself as a global leader in technology consulting, committed to innovation, sustainability, and social responsibility.

Industry Significance

SEIDOR holds a prominent position in the technology consulting industry, particularly in the SAP ecosystem, where it is recognized as the world's No.1 SAP Business One partner. The company's extensive global presence and diverse service offerings make it a significant player in facilitating digital transformation for organizations worldwide.

Key Strategic Focus

Core Objectives

Global Expansion: SEIDOR aims to strengthen its international presence through strategic acquisitions and partnerships, enhancing its capabilities and market reach.

Diversification of Services: The company focuses on expanding its service portfolio to include advanced technologies such as artificial intelligence, cloud computing, and cybersecurity, catering to a broader range of client needs.

Midmarket Leadership: SEIDOR seeks to solidify its position as a leading technology provider for midmarket companies, leveraging its expertise in ERP solutions and strategic partnerships.

Areas of Specialization

Enterprise Resource Planning (ERP): Specializing in SAP solutions, SEIDOR offers comprehensive ERP services to streamline business processes.

Customer and Employee Experience: The company provides solutions to enhance customer engagement and employee satisfaction, contributing to overall organizational success.

Data Analytics and Application Modernization: SEIDOR assists organizations in modernizing applications and leveraging data analytics for informed decision-making.

Cloud Computing and Cybersecurity: Offering cloud solutions and robust cybersecurity measures to ensure secure and scalable business operations.

Key Technologies Utilized

SAP S/4HANA: An integrated suite for enterprise resource planning.

SAP Business ByDesign and SAP Business One: Cloud-based ERP solutions tailored for small and medium-sized enterprises.

SAP Business Technology Platform (BTP): A platform for data management and analytics.

Cloud Infrastructure: Utilizing platforms such as Microsoft Azure, AWS, and Google Cloud.

Cybersecurity Tools: Implementing advanced security protocols and technologies to protect client data and systems.

Primary Markets Targeted

Midmarket Companies: Focusing on small and medium-sized enterprises seeking comprehensive technology solutions.

Large Corporations and Public Sector: Expanding services to cater to the needs of large enterprises and government entities.

Financials and Funding

Funding History

The Carlyle Group Acquisition: In August 2024, The Carlyle Group acquired a 60% stake in SEIDOR, becoming the majority shareholder. The Benito family retained the remaining 40%. This strategic partnership is expected to accelerate SEIDOR's global growth and diversification efforts.

Recent Financial Performance

2024 Revenue: SEIDOR reported a 28% increase in revenue, reaching €1.125 billion, surpassing the €1 billion mark for the first time. This growth was driven by both organic expansion and strategic acquisitions.

Utilization of Capital

The capital from The Carlyle Group is intended to support SEIDOR's expansion plans, including further acquisitions, technological advancements, and the development of new service offerings. The company aims to double its business size within five years, leveraging this partnership to enhance its market position and service capabilities.

Pipeline Development

Key Pipeline Candidates

Gesein (Spain): Acquired in January 2024, Gesein specializes in the public sector and general state administration, strengthening SEIDOR's presence in large accounts and public administrations.

HT High Technology (Italy): Acquired in 2024, enhancing SEIDOR's technological capabilities in the Italian market.

B1 Solutions Ltd. (UK): Acquired in 2024, expanding SEIDOR's footprint in the United Kingdom.

Argentis (USA): Acquired in 2024, bolstering SEIDOR's presence in the United States.

Stages of Development

These acquisitions are in the integration phase, with efforts focused on aligning operations, cultures, and service offerings to maximize synergies and market impact.

Target Conditions

The acquisitions aim to enhance SEIDOR's capabilities in serving large enterprises and public sector clients, particularly in regions where these companies have a significant presence.

Anticipated Milestones

Integration Completion: Achieving full operational integration within the next 12 months.

Revenue Synergies: Realizing combined revenue synergies by the end of the next fiscal year.

Technological Platform and Innovation

Proprietary Technologies

SEIDOR Cloud Platform: A proprietary cloud infrastructure offering scalable and secure solutions for clients.

SEIDOR Analytics Suite: A suite of data analytics tools designed to provide actionable insights for business decision-making.

Significant Scientific Methods

Agile Methodology: Employed in project management to ensure flexibility and responsiveness to client needs.

Design Thinking: Utilized to foster innovation and user-centric solutions.

Machine Learning Algorithms: Integrated into data analytics services to enhance predictive capabilities.

Leadership Team

Key Executives

Sergi Biosca: Chief Executive Officer (CEO). Appointed in September 2024, Sergi brings extensive experience in technology consulting and has been instrumental in driving SEIDOR's strategic initiatives.

Josep Benito: Executive Chairman. Co-founder of SEIDOR, Josep transitioned to the role of Executive Chairman following the acquisition by The Carlyle Group, focusing on strategic oversight and growth initiatives.

Leadership Changes

Appointment of CEO: In September 2024, Sergi Biosca was appointed CEO, succeeding Josep Benito, who assumed the role of Executive Chairman.

Competitor Profile

Market Insights and Dynamics

The technology consulting industry is characterized by rapid innovation, a growing emphasis on digital transformation, and increasing demand for cloud-based solutions. Companies are focusing on integrating advanced technologies such as artificial intelligence, machine learning, and cybersecurity to meet evolving client needs.

Competitor Analysis

Atos: A global leader in digital transformation, offering a wide range of IT services and consulting solutions.

Accenture: A multinational professional services company specializing in IT services and consulting, with a strong presence in various industries.

Capgemini: A global consulting and technology services company providing services in digital transformation, technology, and engineering.

Strategic Collaborations and Partnerships

SEIDOR has established strategic partnerships with leading technology providers, including SAP, Microsoft, IBM, Salesforce, Google, AWS, and Cisco. These alliances enable SEIDOR to offer comprehensive and innovative solutions to its clients.

Operational Insights

SEIDOR differentiates itself through its human-centric approach, emphasizing transparency, integrity, and respect in all client interactions. The company's extensive global presence and diverse service offerings position it as a strong competitor in the technology consulting market.

Strategic Opportunities and Future Directions

Strategic Roadmap

Expansion into New Markets: Leveraging recent acquisitions to enter and establish a presence in new geographic regions.

Enhancement of Service Offerings: Integrating advanced technologies such as artificial intelligence and machine learning into service offerings to meet evolving client demands.

Sustainability Initiatives: Implementing sustainable practices in operations and service delivery to align with global environmental goals.

Future Business Directions

SEIDOR plans to continue its growth trajectory by focusing on strategic acquisitions, expanding its service portfolio, and enhancing its technological capabilities to provide

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