Press Releases

adesso increases sales by 30 % to EUR 678.3 million and EBITDA to EUR 102.4 million (EUR 84.5 million before non-recurring effect) / Sales forecast predicts another double-digit growth rate for 2022 / Dividend proposal: increase to EUR 0.60 per share

Retresco, a Berlin-based company, and IT service provider adesso, which is headquartered in Dortmund, have embarked on a strategic partnership in which they will be leveraging artificial intelligence (AI) to advance language-based processes in corporate settings.

Grundeigentümer-Versicherung (GEV) has teamed up with IT service provider adesso to modernise the front-end architecture of its sales portals. The project is an important strategic step towards improving GEV’s sales channels and communication with contract partners.

Developing and/or configuring software using low-code platforms is also becoming increasingly popular in the financial sector. For its banking sector, IT service provider adesso has now entered into a partnership with fintus GmbH in Frankfurt. This will enable it to increase the benefits of a low-code banking platform for customers. The cooperation focuses on realizing optimisation potentials with the digital workplace of the future.

adesso insurance solutions GmbH, a subsidiary of adesso SE, has acquired a majority stake in pension strategy consultants RIES Corporate Solutions GmbH, expanding adesso Group’s expertise in the areas of company pension schemes, working time accounts and partial retirement programmes. The integration of legal, strategic, business and actuarial advisory services, as well as insolvency protection and administration, rounds off the Group’s current service offering centred on the existing in|sure CollPhir software solution.

Impressive milestone for adesso’s lottery segment: after passing the recent WLA security audit, the IT service provider is now certified in accordance with the highly respected Security Control Standard 2020 (WLA-SCS:2020) of the World Lottery Association (WLA). adesso is one of the first software manufacturers to meet this essential security standard for the industry and to offer this certification to its customers.

Mercedes-Benz began using the material.one platform for the digital sampling of vehicle parts in autumn last year. The internet platform is a key link between the premium manufacturer’s plants and all its partners, such as suppliers and sub-suppliers as well as test laboratories. Other major manufacturers have already launched validation projects as well. Now that the product has been successfully positioned on the market, the company behind material.one, logsolut AG, is renaming itself material.one AG and gaining development partner adesso as its majority owner.

adesso continues its expansion in Germany: The IT service provider opens two additional offices in Saarbrücken and Dresden. The two new additions now bring the total number of adesso Group locations in Germany to 29.

While the first industrial revolution was propelled by steam power, Industry 4.0 lives off data – the raw material for artificial intelligence. Thanks to AI procedures, manufacturing processes can now be automated at an unprecedented scale. They also make it possible to equip products with new, digital capabilities. From the initial product idea through to maintenance, AI helps optimise the entire value chain in manufacturing. Topics such as cloud infrastructure, big data applications or the internet of things have long since established themselves in the industry. AI-based applications are a relatively new component by comparison, with a small number of realised projects to date. This, however, is about to change, as the use of AI technologies will constitute the key to a company’s success tomorrow.

The latest industry report from the IT service provider adesso, titled “What bank customers want from online banking and what companies offer”, shows a clear preference for a digital customer journey. According to the findings, financial services providers should optimise their online presence and prioritise digital financial business in order to attract customers.