Put companies on watchlist
q.beyond AG
ISIN: DE0005137004
WKN: 513700
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

q.beyond AG · ISIN: DE0005137004 · EQS - Company News (107 News)
Country: Germany · Primary market: Germany · EQS NID: 1962291
08 August 2024 10:00AM

q.beyond is one of the leading IT service providers


EQS-News: q.beyond AG / Key word(s): Study
2024 Lünendonk Study: q.beyond is one of the leading IT service providers

08.08.2024 / 10:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


2024 Lünendonk Study: q.beyond is one of the leading IT service providers

  • Portfolio consistent with current customer needs for data & analytics, cloud transformation and cybersecurity solutions

Cologne, 8 August 2024 – According to market watchers at Lünendonk, q.beyond offers exactly the right portfolio to meet current IT requirements at companies. Alongside solutions for data intelligence and hybrid cloud services, at present these particularly include securing company IT against cybersecurity risks. The new Lünendonk Study “The IT Services Market in Germany 2024” states that demand for suitable solutions in this area has more than doubled compared with the previous year.

Cybersecurity rapidly gaining significance

In recent months, q.beyond has massively felt the effects of this sharp rise in demand among SMEs for comprehensive cybersecurity solutions. Its portfolio of services here ranges from initial analysis and strategy to implementing suitable security mechanisms and technologies through to the ongoing further development of all IT security services.

According to the study, q.beyond was able to maintain its position as one of the top twelve IT services companies in Germany ranked by revenues. The survey accounts for companies that generate more than 50 percent of their revenues with IT outsourcing, hosting, managed services and other data centre services on the external market. And q.beyond again posted above-average growth in the services market: While revenues at the top 25 German IT services companies rose by an average of eight percent, q.beyond reported domestic revenue growth of around eleven percent in the past year.

Persistently high growth at q.beyond

“For topics such as IT modernisation, cloud transformation and AI, growth rates are high despite the weak economic backdrop and political uncertainties. Companies need to act now if they are to avoid falling behind their international competitors”, comments Thies Rixen, CEO of q.beyond AG. A further factor was the need for companies to secure their IT against cyber risks: “The dramatic rise in the number of cyberattacks poses a real threat for medium-sized companies. Here, criminals also have the expertise available at companies and institutions in their sights. We see it as our job to provide German SMEs with comprehensive protection in this area.”

Overall, for this study which is published each year Lünendonk surveyed more than 100 IT service providers and almost 150 IT managers at larger SMEs, as well as at large companies and groups.

The complete Lünendonk study “The IT Services Market in Germany 2024” can be downloaded free of charge at the following link: https://www.qbeyond.de/luenendonk-studie-2024

 

About q.beyond AG
q.beyond AG is the key to successful digitalisation. We help our customers find, implement and operate the best digital solutions for their businesses. Our strong team of 1,100 specialists accompanies SMEs reliably as they tackle their digital transformation. Customers benefit here from our all-round expertise in cloud, artificial intelligence, SAP, Microsoft, data intelligence, security and software development. With locations across Germany, as well as in Latvia, Spain and India, and its own certified data centres, q.beyond is one of Germany’s leading IT service providers.

Contact
q.beyond AG

Arne Thull
Head of Investor Relations/Mergers & Acquisitions
T +49 221 669-8724
invest@qbeyond.de
www.qbeyond.de
 



08.08.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: q.beyond AG
Richard-Byrd-Straße 4
50829 Cologne
Germany
Phone: +49-221-669-8724
Fax: +49-221-669-8009
E-mail: invest@qbeyond.de
Internet: www.qbeyond.de
ISIN: DE0005137004
WKN: 513700
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1962291

 
End of News EQS News Service

1962291  08.08.2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1962291&application_name=news&site_id=boersengefluester~~~ace3d64b-2049-452a-8d18-fbc8044c4b5f
Visual performance / price development - q.beyond AG
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.