E.ON Chooses SNP Software for SAP S/4HANA Transformation

Heidelberg, Germany, January 18, 2021 – SNP Schneider-Neureither & Partner SE, a world-leading provider of software solutions for digital transformation processes and automated data migration in the SAP environment, won the contract to carry out the migration of the largest SAP S/4HANA project at a German energy supply company in December. E.ON opted for the data transformation platform CrystalBridge® due to its highly automated solutions for all IT and business transformations as well as cloud migrations. The contract volume is in the lower double-digit million range and includes licenses and related consulting services.

1/17/2021  |  3 min

financial-advisor-consulting-2021-08-27-09-42-26-utc.jpg

E.ON had already opted for software and consulting from SNP in the past in order to merge or split SAP systems as part of integrations and disintegrations. The software license that has now been agreed successfully continues this approach, allowing the company to build up transformation expertise within its own organization using its own resources.

Michael Syring, Head of Corporate Digital Technology at E.ON, says: “We have already had very positive experiences with SNP’s consulting teams and their transformation software, and we are building on this expertise once again. Harmonizing and migrating data from different sources is key for achieving consistent digitization at E.ON.”

Michael Eberhardt, CEO of SNP, explains: “We are delighted that E.ON has placed its trust in us once more. This lighthouse project will again enable us to demonstrate the benefits that companies gain by using our software to perform complex business transformations and data migrations. Winning the contract is a validation for our work and strengthens our market position.”


 

About SNP

SNP is a world-leading provider of software for managing complex digital transformation processes. Instead of traditional IT consulting in the ERP environment, SNP offers an automated solution using specially developed software: The Data Transformation Platform CrystalBridge® and the SNP BLUEFIELD™ approach allow companies to restructure and modernize their IT landscapes much more quickly and selectively as well as migrate to new systems or cloud environments more securely. This provides them with clear qualitative advantages while at the same time significantly reducing time and costs.

The SNP Group has around 1,500 employees worldwide. The company is headquartered in Heidelberg, Germany, and generated revenue of around EUR 145 million in the 2019 fiscal year. It serves multinational customers and partners in all industries. SNP was established in 1994, went public in 2000, has been listed in the Prime Standard segment of the Frankfurt Stock Exchange since August 2014 (ISIN DE0007203705) and was admitted to the SDAX in March 2020. Since 2017, the company has been trading as a European company (Societas Europaea/SE).

More information is available at www.snpgroup.com

Latest News

SNP_Manufacturing_07-1080x720.jpg
SNP_Manufacturing_07-1080x720.jpg
4/18/2024  |  3min

SNP acquires Trigon Consulting and strengthens premium services for customers and partners

Heidelberg, Germany, April 18, 2024 – SNP SE is expanding its premium services for customers and partners. The leading provider of software for digital transformations, automated data migrations and data management in the SAP environment has signed an agreement to acquire 51% of Trigon Consulting GmbH & Co. KG. With the acquisition of the Trigon Group, based in Pullach near Munich, SNP is strengthening its premium engagement and cooperation model. The internationally operating Trigon team will support SNP in enabling customers and partners to use the CrystalBridge software suite even faster, implementing complex transformation projects to modernize and digitalize IT and business processes both efficiently and with minimal risk. The profitable company generated revenues in the upper single-digit million range in 2023. The initial consolidation will take place on May 1, 2024.

Read more
male-hands-typing-on-digital-tablet-2023-01-27-19-14-12-utc.jpg
male-hands-typing-on-digital-tablet-2023-01-27-19-14-12-utc.jpg
4/18/2024  |  3min

SNP Launches Feedback Portal to Empower Customer Collaboration in Software Development

SNP Schneider-Neureither & Partner SE, a leading global provider of software for digital transformations, automated data migrations, and data management in the SAP environment, has launched a Feedback Portal. This portal serves as a platform not only for gathering insights for product development but also for providing visibility into our development roadmap.

Read more
announcement_speech_1080x720.png
  • Company News
  • Investor Relations
announcement_speech_1080x720.png
  • Company News
  • Investor Relations
3/27/2024  |  3min

SNP Expects Further Increase in Revenue and Earnings in 2024 after Record Year with Strong Software Growth

Heidelberg, March 27, 2024 – SNP Schneider-Neureither & Partner SE, leading global provider of software for digital transformations, automated data migrations and data management in the SAP environment, can look back on a successful 2023 fiscal year and has posted significant growth rates for all key financial indicators: The order entry volume is 37% higher year-over-year and amounts to € 266.1 million (2022: € 193.6 million). Revenue increased by 17% to € 203.4 million (2022: € 173.4 million). Both SNP’s service segment and, to an above average extent, its high-margin software business have contributed to this growth. EBIT rose by 64% to € 11.1 million (2022: € 6.8 million). The EBIT margin increased by 1.6 percentage points to 5.5%. The currency-adjusted EBIT improvement would be around € 11 million higher than in the previous year. SNP’s successful business development is a result of operational and strategic measures which will also drive profitable growth in 2024 and beyond.

Read more