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SNP SCHNEIDER-NEUREITHER & PARTNER SE

(SHF)
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SNP Schneider Neureither & Partner : and All for One Expand Partnership

07/08/2021 | 04:11am EDT

DGAP-News: SNP Schneider-Neureither & Partner SE / Key word(s): Contract
SNP and All for One Expand Partnership

08.07.2021 / 10:08
The issuer is solely responsible for the content of this announcement.


Corporate News

SNP and All for One Expand Partnership

- Results after one year encourage both partners to intensify collaboration

- SAP transformation subscription model 'Conversion/4' for the move to SAP S/4HANA receives positive response

- Expanding joint projects to include upper midmarket companies with 1,000 or more SAP users

- All for One acquires additional SNP software to address new target group

Heidelberg, July 8, 2021 - SNP Schneider-Neureither & Partner SE, a world-leading provider of software solutions for digital transformation processes and automated data migrations in the SAP environment, is intensifying its partnership with Filderstadt-based All for One Group SE after a very successful start. As a leading consulting and IT group, All for One supports over 2,500 customers in Germany, Austria and Switzerland in realizing their business transformations and enhancing their competitiveness via digitalization. In the 2020 fiscal year, All for One Group SE generated revenues of EUR 355 million. The contract now signed has a volume of additional software licenses in the mid single-digit million range and targets the upper midmarket segment.

With the additionally acquired SNP software, All for One also wants to enable companies with 1,000 or more SAP users to move to SAP S/4HANA quickly and securely in the future. In addition to expanding the target group, the range of services is also being extended to include M&A projects. Just like in the first partnership agreement, both the SNP software CrystalBridge(R) and the selective data migration approach (BLUEFIELDTM) are being implemented in transformation projects. The agreement period continues to be 8 years.


Success Model of SNP and All for One: Conversion/4 for SAP Transformation

Thilo Nagler, Managing Director and Vice President of Sales CEU at SNP, explains: 'Our partnership with All for One has been a great success. After just one year, we can look back on 12 major projects, including some exciting lighthouse projects. Our service offerings and our understanding of customer-oriented work - always focusing on our customers' individual needs during complex transformation projects - complement each other perfectly. Companies value our expertise, and the response has convinced both partners to strengthen the collaboration. We are really excited about the upcoming projects, especially as we are looking at a well-filled pipeline.'

'The Conversion/4 subscription model for a quick and secure migration to SAP S/4HANA based on the SNP transformation approach BLUEFIELD(TM) has been very well received by our regular customers and in the market. Over the last 12 months, we have been able to win well-known companies for Conversion/4. For example, I was very pleased with the Cleanpart Group's successful migration to SAP S/4HANA in just 4 months. Yet Conversion/4 has not only impressed our customers, but also SAP. The All for One Group was awarded the global SAP Pinnacle Award 2021 as 'Partner of the Year' in the category 'SAP S/4HANA Movement' - which is great for our reputation and at the same time acts as confirmation for Conversion/4. Now the logical response to our joint success model is to deepen and expand the outstanding partnership with SNP,' says Michael Zitz, Chief Sales Officer at All for One Group SE.

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(R) and the SNP BLUEFIELDTM approach allow companies to restructure and modernize their IT landscapes much more quickly and securely 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 1,600 employees worldwide. The company is headquartered in Heidelberg, Germany, and generated revenue of around EUR 144 million in the 2020 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).

More information is available at www.snpgroup.com

About All for One Group SE:

The All for One Group increases the competitiveness of companies in a digital world. The Group unites strategic and management consulting, process consulting, industry insight and technology expertise, IT consulting and services under one roof. With market-leading business software solutions based on SAP, Microsoft and IBM together with more than 2,000 experts, All for One Group SE orchestrates all aspects of competitive strength: intelligent enterprise resource planning (ERP) as the digital core of any future-proof corporate IT, strategy, business model, customer & employee experience, new work, big data & analytics, but also IoT, artificial intelligence or cybersecurity & compliance. The leading IT and consulting group is assisting and supporting over 2,500 clients in Germany, Austria and Switzerland with their business transformation.
In the 2019/20 fiscal year, All for One Group SE generated revenues of EUR 355 million. The company is listed in the Prime Standard segment of the Frankfurt Stock Exchange.
all-for-one.com

 

SNP contact person
Nicole Huber
Executive Vice President Corporate Development
Tel.: +49 6221 6425-920
Email: nicole.huber@snpgroup.com



08.07.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: SNP Schneider-Neureither & Partner SE
Speyerer Str. 4
69115 Heidelberg
Germany
Phone: +49 6221 6425 637, +49 6221 6425 172
Fax: +49 6221 6425 20
E-mail: investor.relations@snpgroup.com
Internet: www.snpgroup.com
ISIN: DE0007203705
WKN: 720370
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1216720

 
End of News DGAP News Service

1216720  08.07.2021 

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