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    BC8   DE0005158703

BECHTLE AG

(BC8)
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Real-time Estimate Quote. Real-time Estimate Tradegate - 07/23 03:59:47 pm
170.575 EUR   +0.34%
07/21BECHTLE AG : Warburg Research reaffirms its Buy rating
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07/20BECHTLE AG : Baader Bank remains its Buy rating
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07/07BECHTLE AG : Baader Bank reaffirms its Buy rating
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Bechtle : partners with Virtustream to offer mission-critical cloud services

05/26/2021 | 02:35am EDT
Bechtle partners with Virtustream to offer mission-critical cloud services
  • Virtustream joins Bechtle Clouds platform
  • Virtustream offers decade of expertise for business-critical SAP workloads in the cloud

Neckarsulm, 26 May 2021 - Bechtle announced today the broad expansion of its cloud portfolio with the addition of mission-critical cloud solutions from Virtustream, a business of Dell Technologies. Virtustream is the enterprise-class cloud company trusted by businesses and organizations globally to transform IT and move their mission-critical applications to the cloud. Virtustream offers the reliability, agility, security, compliance, and performance of a dedicated private cloud, combined with the flexibility, scalability and economic benefits of a public cloud. Bechtle's new offerings use Virtustream cloud services via its own Clouds platform, enabling seamless integration into customers' hybrid and multi-cloud infrastructures.

The new partnership includes services for planning, migrating and running business-critical enterprise applications like those from SAP. With more than a decade of deep experience, Virtustream's cloud solutions and xStreamCare Managed Services are widely trusted for running and optimizing SAP workloads in the cloud. With Virtustream's purpose-built platform and services, helping customers managing complex, mission-critical enterprise applications is efficient, flexible and seamless. As part of this new offering, Bechtle will provide implementation and orchestration services as part of its customized managed services.

Melanie Schüle, Managing Director, Bechtle Clouds: 'Our clients look to Bechtle for delivering end-to-end cloud solutions. Virtustream's proven experience with mission-critical applications, such as SAP, further enables Bechtle to deliver on that promise.'

'Bechtle's market reach and trusted advisor status combined with Virtustream's deep expertise and purpose-built enterprise-class cloud deliver a very compelling value proposition for customers throughout EMEA,' says Virtustream's Chris Bairstow, Vice President of EMEA Sales.

Disclaimer

Bechtle AG published this content on 26 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 May 2021 06:34:05 UTC.


© Publicnow 2021
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Sales 2021 6 409 M 7 542 M 7 542 M
Net income 2021 214 M 252 M 252 M
Net Debt 2021 73,8 M 86,8 M 86,8 M
P/E ratio 2021 33,4x
Yield 2021 0,90%
Capitalization 7 165 M 8 429 M 8 432 M
EV / Sales 2021 1,13x
EV / Sales 2022 1,01x
Nbr of Employees 12 306
Free-Float 65,0%
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Mean consensus OUTPERFORM
Number of Analysts 8
Last Close Price 170,60 €
Average target price 181,75 €
Spread / Average Target 6,54%
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Thomas Olemotz Chairman-Executive Board & Chief Executive Officer
Klaus Winkler Chairman-Supervisory Board
Kurt Dobitsch Member-Supervisory Board
Uli Drautz Vice Chairman-Supervisory Board
Daniela Eberle Member-Supervisory Board
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