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msg takes 6th place in Luenendonk Ranking 2020

msg takes 6th place in Luenendonk Ranking 2020

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In this year’s Luenendonk ranking of “Top 25 consulting and system integration companies in Germany”, msg has once again earned sixth place. The ranking is considered an important indicator of sentiment in the German IT industry.

The top 25 IT consulting companies in Germany saw average growth of 10.0 percent in 2019. Companies tended to seek the support of IT consultants in the fields of IT modernization, customer interface digitization and cloud transformation in particular. The number of employees at the top 25 in Germany rose by an average of 6.9 percent compared to the previous year.

“We are guided by our proximity to markets and to people – by placing people at the heart of our actions, we are able to create added value in a digitized world. Which makes us all the more pleased to know that our employee growth of about 8.2 percent in Germany exceeds the average determined by Luenendonk,” comments Dr. Stephan Frohnhoff, msg CEO. “Moreover, our current employee count of 5,424 employees across Germany puts us in 3rd place in the current list. We will continue to focus on the growth and development of our employees, to ensure we remain an attractive employer in Germany going forward as well.”         

200110 msg Portraits StephanFrohnhoff 5 LÄNGS

In regard to revenue, Luenendonk has predicted significantly slower growth in the IT service market for the current year. The consulting and market research company’s more than 30 years of experience has found a strong correlation between the performance of the IT service market and Germany’s gross domestic product (GDP). The downturn in GDP of about 6.5 percent predicted by the EU Commission will therefore have an impact on most IT service providers’ business development. At the same time, customers will be increasing their investment in digitalization projects and new technologies, such as AI and IoT – according to Luenendonk.

“6th place in this high-profile ranking shows us again that msg plays an important role in the digitalization of the German economy,” says Dr. Stephan Frohnhoff. “Especially now, in these difficult times, we are proud to be able to use our IT and consulting competence to help address the Corona crisis. These efforts include msg’s assistance of the federal government and the important applications it uses to protect the population and to equip different institutions like schools with the IT infrastructure they need. After all, the crisis has made one thing clear: it is particularly important, especially right now, to consequently pursue the path of digital transformation.”   

Further information on the ranking of the “Top 25 consulting and system integration companies in Germany” by Lünendonk & Hossenfelder