13.10.2017 - New Lünendonk study
Berlin, 13 October 2017 – LucaNet, provider of software and consulting services in the field of corporate performance management, has moved into first place in the 2016 Lünendonk study on “The market for business intelligence and business analytics in Germany” making it the largest software manufacturer headquartered in Germany in terms of turnover.
As the study on “The market for business intelligence and business analytics in Germany” recently published by Lünendonk shows, the market is still far from saturated. The total turnover of the enterprises analysed by Lünendonk rose by an average of 10.2 percent in 2016. Software manufacturers expect average market growth of 9.8 percent for the current financial year, though the enterprise’s own projected growth is even higher, with an average of 16 percent domestically and 21 percent internationally. The sector’s positive expectations are based on the steady increase in mass data and the ongoing digitalisation of many other industries, which results in a greater need for suitable software solutions.
Growing demand for CPM tools
With growth of 23.8 percent – way above the market average – and a domestic turnover of 15.6 million euros, LucaNet is the largest software manufacturer if all those headquartered in Germany in terms of turnover. When all other companies are included in the comparison, LucaNet takes sixth place. The first five places remain in the hands of subsidiaries of the big American BI specialists. LucaNet has also succeeded in expanding its business at international level, opening new sites in Singapore and the USA that have helped the enterprise to a global turnover of 23.6 million euros.
The first two quarters of 2017 have also been highly successful, resulting in 162 new clients and a growth in turnover of around 30 percent. These figures reinforce the results of the Lünendonk study, which indicate that the demand for corporate performance management tools is also experiencing constant growth. “We are incredibly proud of the latest figures, which demonstrate that LucaNet’s unwavering dedication to innovation, quality and sustainable growth have put it in the perfect position for the future. With this in mind, we will continue to focus on the ongoing further development of our software and the healthy growth of our international business,” said Dominik Duchon of the LucaNet executive board.
LucaNet was founded in 1999 by Rolf-Jürgen Moll and Oliver Schmitz. After originally planning to run the enterprise as a business consultancy, the lack of consolidation, planning, reporting and analysis systems available at the time gave Moll and Schmitz the idea of developing their own, fully integrated corporate performance management suite. Their vision of providing financial managers with a product that could be used to make all their decisions quickly and based on solid data became a group with nine sites around the world. The enterprise’s headquarters are in Berlin.
The over 1,700 customers that benefit from LucaNet’s flexible, powerful CPM solution and in-depth specialist advice include Jenoptik, Leica, Lorenz Snack World, Roland Berger, Ricola, Rocket Internet and Toshiba.
In addition to LucaNet’s range of consultancy services and training measures, the LucaNet.Academy offers seminars and courses relating to all aspects of accounting and controlling.