Seidor reaches a turnover of €606M in 2021

SEIDOR has presented, on the occasion of its 40th anniversary, the “2021 Economic Results and Future Plans”. Where it is reflected that, at the end of the 2021 financial year, the company has obtained a turnover of over €606M, 29.5% more than in 2020.

In Spain, it has experienced a growth of 34% compared to the previous year, with a turnover of €405 million, while, in the rest of the countries, the multinational has increased its turnover by 21%. And it is that, with this billing rate, it maintains double-digit annual growth and is aligned with its objective of reaching €1,000M in 2025.

“The results and the positive evolution of the company confirm the validity of the growth strategy, based on the diversification of the offer of solutions, the integration of reference IT companies and access to new markets, as well as the achievement of synergies such as global company”, says Josep Benito, CEO of SEIDOR.

40th anniversary

In relation to the brand strategy, SEIDOR’s corporate director of marketing and communication, Iván González, pointed out that “this year, we celebrate the company’s 40th anniversary, an ideal moment to launch our new image”. According to Iván González, “the new visual identity responds to a new strategy that continues betting on technology, but humanizing it”.

The consultancy has ended 2021 with a direct presence in 40 countries. By region, SEIDOR has had notable growth in Europe (Spain, Portugal, UK, Italy and Belgium) and America (especially Brazil, Chile, Argentina and Peru), and positive growth in the Middle East and Africa.

In terms of billing, the weight of the different regions is shared between Spain, with 67%; Americas, with 27%; and the rest of Europe, the Middle East and Africa, with 2% each.

In the case of Spain, it is worth noting the growth experienced by SEIDOR in the central area and, in particular, in Madrid, as a result of the strategy based on the development of a range of specific technological services for large companies. Specifically, SEIDOR has established itself as the 6th IT consultancy in Spain and the 1st with 100% Spanish capital.

In 2022, SEIDOR expects to continue in all these regions an evolution similar to that of 2021, but focusing on Asia, the US and EMEA South (Southern Europe and North Africa), mainly through acquisitions. On the other hand, the consultant will continue to identify opportunities in LATAM, with the aim of completing its capabilities and offering solutions.

Acquisitions

With the aim of continuing to enhance the service offering and geographic expansion, SEIDOR has carried out acquisitions such as that of the NTS firms, through which the consulting firm has incorporated the Salesforce practice in Spain and strengthened its capabilities in smart mobility and IoT; Metrocis and Sycnet in LATAM, in order to reinforce its SAP and infrastructure offer.

Likewise, in Spain, the consultancy has acquired Avanti21 and, recently, Valnera, two acquisitions to strengthen SEIDOR’s capabilities in the Asturian-Cantabrian axis.

Seidor reaches a turnover of 606M euros in 2021, 29.5% more than in 2020

new partners

During 2021, SEIDOR has reached agreements and promoted the relationship with technology providers, such as Salesforce, Google, AWS, Cisco, Lenovo and HPE, among others. Likewise, it has continued to strengthen strategic partnerships, highlighting those of SAP, Microsoft, IBM and Adobe.

The consultancy also has stable collaborations with European institutions and multilateral organizations to promote digital transformation projects around the world, such as the European Commission, the European Parliament, the European Investment Group Bank, the UN or the Banque Africaine de Development, among others. .

Among the alliances with institutions for the promotion of economic activity and talent, are the main business schools in the country, such as IESE, ESADE and San Telmo, as well as with universities, technology centers and business associations.

A 2022, with an expansive start

In January of the current financial year, SEIDOR acquired all of Impala Network Solutions, an integrator company specializing in corporate communications services, IT security and infrastructure for data centers. With this operation, the technology consultancy has expanded its Communications Area.

Finally, in March, the company has signed its landing in France with the purchase of WorkWell, specialized in IT solutions for small and medium-sized companies and, for 20 years, a partner of SAP Business One. With this purchase, the new SEIDOR WorkWell expects to grow 25% annually, through the implementation of SAP business software in French SMEs.

International recognitions

In 2021, SEIDOR has been recognized by SAP as one of the best global partners in the market, having been awarded in 17 categories, in all the regions in which it operates, highlighting the recognition achieved in three categories of the SAP Pinnacle Awards.

On the other hand, the technology multinational has also been awarded by IBM as partner of the year in the Sell Business category in the EMEA region (Europe, Middle East and Africa), for its contribution to boosting organizations through IBM solutions, such as Hybrid Cloud, Security or IA, among others.

Likewise, Microsoft has awarded SEIDOR the award for the best partner in social impact 2021.