The management team expands by two board members: For the strategic business area "Transformation of Insurance Core Systems", Jörg Renger will be appointed to the board of ConVista Consulting AG as of January 1, 2021. Thus, Jörg Renger will act as Managing Director of Faktor Zehn and member of the Executive Board of ConVista Consulting in the future. At the same time, Pawel Midon, former member of the Executive Board of Axxiome AG, will become a new member of the Executive Board. Pawel Midon will continue to drive the growth areas "Healthcare" and "Agile Nearshore Software Development".
Martin Hinz and Oliver Kewes remain Co-CEOs of the company.
Factor Zehn celebrates its 15th anniversary and ConVista its 20th anniversary.
We achieve consolidated sales of EUR 91.8 million.
ConVista will be managed by a dual leadership from 2017: Martin Hinz and Oliver Kewes, both of whom have already been on the board for years, will start as Co-CEOs.
The founders and existing shareholders of ConVista Consulting AG decide to sell significant parts of their shares to private investors. As a result, the company's financing is secured for the long term and the transition from the founders is permanently resolved. The company therefore remains independent and privately owned.
Once again, ConVista is awarded Great Place to Work® and Top 10 Employer in NRW and voted among the best consultancies in Germany. The Faktor-IPS product receives the "Software Made in Germany" seal of approval from the German Association of IT SMEs for user-friendliness, flexibility, well thought-out design and cost efficiency.
ConVista opens new offices in Bangalore and Paris.
ConVista is awarded the Great Place to Work® for the eighth time in a row. At the same time, ConVista is ranked number 1 of the ten best employers in NRW. In addition, the business magazine "brand eins" lists ConVista as one of the 278 best consultancies in Germany for the second time. In parallel, Faktor Zehn receives IT awards in the categories Open Source and Industry Software. In May, the in-house children's group at the Cologne office goes into operation, so that new parents can find a quick way back to work. At the end of the year, the Berlin office in the centre of the capital opens its doors. This means that ConVista is now represented at five locations in Germany.
In October, ConVista celebrates its 15th anniversary. At about the same time, the consulting company decides to establish a subsidiary in Singapore as a result of a strong partnership with SAP Asia.
In the course of the growing internationalization of the Group and the diversification of the customer base and the service portfolio, the ConVista Group adapts its organizational structure. This includes, among other things, the introduction of service lines, whose structure is oriented towards the main areas of consulting. The management of the ConVista Group, which has so far been predominantly carried out by the parent company, will be transferred to the internationally composed Global Board.
This year, ConVista is expanding its range of services to include the topic of "Portals and Collaborations", thus combining SAP and MS SharePoint competencies. A few months later ConVista becomes a Microsoft Gold Partner in this area. Due to the wealth of successfully completed projects, ConVista achieves the SAP Gold Partner status within the Value Added Reseller (VAR). Due to an enormous market potential, ConVista opens a branch office in Tel Aviv, Israel. The number of employees rises to 570.
With Faktor Zehn as an expert for Java-based and non-SAP software, ConVista strengthens the service offering in the insurance industry in the areas of product and portfolio management, mobility and sales and service systems. Towards the end of the year, ConVista opens a new office in São Paolo, Brazil. Thanks to the merger and further personnel recruiting, ConVista now has 526 employees.
In 2011, ConVista and the IT service provider Faktor Zehn AG from Munich will start planning a merger under the umbrella of ConVista Consulting AG. In addition, ConVista will establish a 100% subsidiary based in Milan. In total, almost 400 employees work for ConVista.
ConVista opens an office in New York in response to the increased local demand for process automation. The two new offices in Moscow and Belgrade help to expand the customer base in Central and Eastern Europe. As part of its internationalization strategy and the expansion of its technical expertise, ConVista opens a new office in Hungary through a merger with Creative 4U. ConVista now has almost 300 employees.
ConVista succeeds in uniting the business with Fact S.L. Spain. The consulting company is the market leader on the Iberian Peninsula for the SAP solutions TRM and FAM. The companies effectively combine their SAP expertise. In the same year, an Austrian subsidiary is founded, with the aim of establishing a local presence and supporting Eastern European business development. A total of over 230 people now work for ConVista.
Utilities becomes the ConVista focus industry. Among its customers is E.on. The first international trainee program starts in January. Eight young people from different nations are trained, for six months in several SAP modules, at ConVista's worldwide locations. The workforce grows to 167 employees.
For the first time, ConVista participates in the nationwide competition "Great Place to Work" and is ranked in the top 10, in the category of companies with 50 to 500 employees. In the same year, CC ConsPrep is the first ConVista software product to be certified by SAP. Due to the steady growth and the resulting increase in employees, the Cologne office moves to the Rheinauhafen. ConVista now has 117 employees worldwide.
ConVista and Faktor Zehn sign a cooperation agreement in the field of product lifecycle management. The combination of professional expertise and technological knowledge in the SAP environment is the right answer to the constantly growing demand in the area of inventory systems. The growth trend continues, the number of employees exceeds 80.
While the focus of the global economy is on Asia, ConVista opens an office in South Africa. The political changes have opened the doors for a growing market in financial services and competent consulting companies are being sought. The number of employees rises to 63.
After a year of economic weakness for the markets, demand for consulting services is picking up significantly. The more mature SAP for Insurance product range supports this trend. In terms of sales, the ten million euros mark is being broken through. 50 employees work for ConVista in Germany and abroad.
A major project in Scotland prompts ConVista to establish a company in the UK in 2002. It quickly becomes apparent that even the seemingly very specific English processes in the insurance industry can be mapped with SAP using suitable project solutions
The strong growth and the fight for the best brains are some of the reasons for converting the German parent company into an AG in 2002. This decision now enables a large number of employees to acquire shares in ConVista. The company has 38 employees.
Worldwide marketing of the SAP industry solution is opening up another field of activity for industry experts, particularly in the USA. An office was therefore opened there in 2001. The close cooperation with SAP makes it possible to successfully complete major projects at an early stage. 31 employees work for ConVista.
ConVista is already expanding in 2000. In Switzerland, an AG is founded to meet the increasing demand for expertise there. The company concept is modelled on that of Germany. Here, too, the company is organised and managed on a partnership basis. A total of 24 employees now work for ConVista.
The central idea is to combine technical advice with professional understanding in order to achieve the best possible benefit for the customer. With SAP as the technology basis, the consulting focus was placed on the processes of the insurance industry. At this time, eight employees work for ConVista in the newly opened Cologne office.