Cegeka, the prominent European IT group, is proudly expanding its presence across Europe, demonstrating remarkable growth. Renowned as a technology specialist, Cegeka excels as both an integrator and operator, establishing itself as a pivotal player in the SaaS market. With the conclusion of the fiscal year 2022, Cegeka achieved an impressive consolidated revenue of 871 million euros, exhibiting a substantial growth rate of 17% when compared to the previous year's figures in 2021. This achievement is a testament to Cegeka's unwavering commitment to delivering cutting-edge solutions and its continued success in the ever-evolving IT landscape of Europe.
‘2022 was not an easy year. Like other companies in Europe, we faced geopolitical instability and the challenges of rising inflation. Despite these obstacles, we have once again been able to achieve very strong growth. This success is entirely due to the close cooperation with our clients and the professionalism of more than 6,000 Cegeka employees. Thanks to value-driven entrepreneurship, we have also been able to make a significant technological contribution to several socially relevant projects,’ says André Knaepen, founder and chairman of the Board of Directors of Cegeka.
Prioritizing talent development and portfolio growth in a competitive market
Cegeka Romania delivered strong financial results in 2022, with a remarkable turnover of EUR 47M, 30% higher than in 2021, despite operating in a fiercely competitive market. ‘We successfully acquired eight new high-end customers, including five local companies and three international businesses. This surpassed the industry growth rate and is a testament to our dedication to providing exceptional services. Our services portfolio has also expanded, offering application services with the innovative 'teams-as-a-service' model. This solution provides unmatched agility and scalability, making it a turnkey solution for businesses of all sizes, ’ declares Lucian Butnaru, Country Director at Cegeka Romania.
Cegeka invests in the technological future
Cegeka firmly believes that technology will continue to determine the future of society. Thanks to our strong financial results, we invest heavily in technologies that will make a difference in the coming years. For example, we have invested in our hybrid cloud capabilities. ‘We have developed a state-of-the-art Azure Centre of Excellence within the Cegeka Group with the acquisition of DexMach. This strengthens our hybrid cloud strategy, combining the capabilities offered by hyperscalers such as Microsoft Azure with the strengths of our own sovereign Cegeka data centres,’ says Bijnens. ‘Our belief in digital platforms such as nexuzhealth for healthcare and Smartschool for education fits into the same investment category,’ says Bijnens.
2023 will be the year of AI and ‘Observability’
‘That 5G and AI are already taking center stage today, we had anticipated. We are currently developing a country-wide mobile 5G network in Belgium via Citymesh. In the field of AI, we have an international team of more than 300 data and AI experts with knowledge and know-how ranging from BI to Machine Learning. AI is here to stay in 2023: it will be the unmissable co-pilot in our lives,’ says Stijn Bijnens, CEO of Cegeka.
In addition, ‘Observability’ is becoming increasingly important for companies in today’s rapidly changing digital landscape. ‘That’s why we put this at the core of Cegeka’s digital customer engagement platform: Horizon. Through Horizon, we offer all our customers a ‘single pane of glass’ with granular insight into individual services, allowing them to keep their digital environment under control. You could say that Horizon is the digital embodiment of our ‘in close cooperation’ philosophy,’ concludes Bijnens.
‘The business strategy for Romania in 2023 is to prioritize the growth of our Application Development department and to expand our Infrastructure offerings in the Romanian market demonstrates our commitment to delivering innovative solutions that meet the evolving needs of our customers. By leveraging our proven track record of success, we are well-positioned to capitalize on new opportunities and drive meaningful business outcomes,’ says Lucian Butnaru, Country Director at Cegeka Romania.
* The published financial results are pro forma figures, which makes it easier to make comparisons with financial figures from previous years. Later this year, Cegeka will switch to International Financial Reporting Standards (IFRS) for financial reporting.