SNP Presents Next Generation of CrystalBridge Software Platform

Heidelberg, June 29, 2022 – Heidelberg-based software and consulting company SNP Schneider-Neureither & Partner SE, a leading provider of software for digital transformations and automated data migrations in the SAP environment, has unveiled the next generation of its CrystalBridge software platform at Transformation World 2022. The innovations comprise even more comprehensive data analytics including benchmarking and monitoring, better cloud integration and connectivity, and extensive data management solutions. Customers gain comprehensive support for the challenges posed by their data and can implement their digital transformations even more quickly, efficiently and cost-effectively.

6/30/2022  |  3 min

Topics

  • Press release
  • Crystalbridge
arpan-chatterjee-oUGPMZsjcjc-unsplash.jpg

Michael Eberhardt, CEO of SNP:

The new generation of CrystalBridge is a key element of our ELEVATE growth strategy. We are strengthening our position as an innovative software company and offering our customers and partners an even more comprehensive software portfolio. In this way, SNP is becoming a software company that offers additional solutions beyond digital data transformation in the areas of data management and data analytics, enabling us to tap into new growth markets in the cloud business.”

Leveraging data as a strategic resource through innovative data management solutions

As a strategic addition beyond the data transformation itself, SNP now offers software solutions for further challenges related to business data: from data integration and masking sensitive data to data archiving and system decommissioning.

 SNP software can provide the high-quality SAP data that is necessary for system processes to run smoothly and efficiently. This allows customers to focus on exactly the data they need in their SAP environment. The selected SAP data is migrated to on-premises, cloud or hybrid environments whose innovation potential creates maximum value.

 In the future, SNP will also offer analyses and transformations for the rapidly growing areas of analytics and cloud data warehouses as well as enable data integrations and evaluations between SAP and non-SAP system landscapes. By archiving or deleting legacy or temporary data, organizations can reduce the load on their databases, ensure compliance, slow down data growth, and reduce operating and maintenance costs for storage capacity.

SNP also has the largest SAP-independent benchmark database, which contains over 4,000 system scans. In the future, benchmarking will allow companies to comparatively examine and optimize the quality, processing and value creation of their data in competitive markets. Another benefit for customers is the AI-driven automation that comes with a high level of industrialization, which will simplify the entire transformation process.

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 approach using specially developed software: The data transformation platform CrystalBridge® and the SNP BLUEFIELDTM approach allow companies to restructure and modernize their IT landscapes much more quickly as well as migrate to new systems or cloud environments more securely. This gives customers clear qualitative advantages while at the same time reducing their time and costs.

The SNP Group has around 1,300 employees worldwide. The company is headquartered in Heidelberg, Germany, and generated revenues of around EUR 167 million in the 2021 fiscal year. It serves multinational companies in all industries. SNP was established in 1994, went public in 2000, and has been listed in the Prime Standard segment of the Frankfurt Stock Exchange since August 2014 (ISIN DE0007203705). Since 2017, the company has been trading as a European company (Societas Europaea/SE).

Topics

  • Press release
  • Crystalbridge

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