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Press release

Digital transformation projects continue to drive growth for the Zühlke Group

London - 22 March 2016

The Zühlke Group, a service provider for innovation projects, today announced results for 2015. It was a successful financial year which saw revenues increase by 5% to GBP 84 million, and the number of employees rise by 4% to 730 compared to 2014. With these results, the group was able to maintain its growth of recent years.

Digital transformation services proved to be particularly popular in 2015. The Zühlke Group had recognized the increasing demand in this sector early and successfully positioned itself as an innovation partner that assists companies with their digitization initiatives from the initial idea through to implementation and operation. During the year there was a particular focus on projects in the areas of industry 4.0, the Internet of Things, data analytics and portal solutions. On account of the growing importance of such connected possibilities for people, machines and the Internet, Zühlke’s interdisciplinary teams were in strong demand. In the equipment and device market sector, Zühlke was especially active in the development of medical devices.

Strengthened position in the UK

Wolfgang Emmerich, CEO and Chairman of Zuhlke Engineering Ltd. reported;

"The whole group performed very well in 2015. In the UK, we further cemented our position as a company in the forefront of supplying bespoke, end-to-end, business critical software solutions. In 2015, the company saw increased demand for its innovation services, delivering time-to-market solutions which enabled our clients to differentiate themselves from their competitors."

Zühlke’s Belgrade operation also saw strong growth. The number of employees increased significantly over 2015 and is expected to continue growing in the coming years. As this model has proven the value of cross-border cooperation, Zühlke plans to establish a second development center for hardware engineering and mechatronics later this year. In order to support customers in other locations Zühlke opened two new service centers last year, in Manchester and in Stuttgart. "The technology industry in the North West of England is booming, and with our new office in Manchester we are well positioned to benefit from this growth", said Wolfgang Emmerich on the opening of the new location.

In the ventures business the Zühlke Group has now been actively financing startups for the past five years, with the companies continuing their development and growth.

Good prospects for 2016

Zühlke believes that the current investments in digital transformation will continue to increase in every sector. Therefore, the demand for Zühlke’s services that enables increasing shifts to doing business online will grow in tandem.

 

 

About the Zühlke Group
Zühlke is a service provider for innovation projects. By combining both business and technology expertise, we create solutions that satisfy our customers. We develop financially successful products, services and business models for today’s digital world – from coming up with the initial idea through to the implementation and operation. We can achieve this by drawing on the experience of over 730 in-house experts and of more than 8,000 successful projects. We have local teams in Austria, Germany, Serbia, Switzerland and the United Kingdom. In 2015, Zühlke generated GBP 84 million in revenue.