Company history

2015-2017

Strategic growth

Sycor continues to grow in 2015, generating sales of EUR 66.7 million for growth of more than 18 percent compared to the prior 2014 year. The number of employees also climbs to a record high of 550, in part due to the founding of SYCOR Austria GmbH. With offices in Salzburg and Vienna, the new subsidiary strengthens Sycor's position as one of the largest service and solution providers for Microsoft Dynamics AX in German-speaking regions.

2015 is an anniversary year for Sycor as well: The Chinese location in Shanghai was founded 10 years ago. Sycor China has established itself as a reliable partner for ERP projects in the meantime (SAP and Microsoft Dynamics AX). In addition to growth, 2015 also brings numerous awards for the Sycor Group: SYCOR IQ Solutions GmbH is a SAM Germany Partner of the Year in the "Best Constructive Contribution" category and Sycor is a member of the Microsoft Dynamics President’s Club 2015. This prestigious group represents the top five percent of Microsoft Dynamics partners worldwide. What's more, Sycor becomes a Microsoft Cloud Solution Provider (CSP) in 2015. With the Cloud Solution Provider status, Sycor strengthens its position as an expert for Microsoft solutions and services from the cloud.

The full-range IT service provider's branding is also relaunched in 2015. The company logo in particular is modernized: Now the Sycor Smyle is connected directly to the lettering, integrated with the entire corporate design as a central element, and thereby clearly visualizes the friendly and dynamic Sycor brand.

In 2016, Sycor opens a location in Offenburg and thereby continues its strategic growth. The Sycor Group grows to 600 employees by the end of 2016. The Offenburg team of around 30 concentrates on SAP application management services and comprehensive SAP solutions for midsize enterprises. 
Sycor joins the AXpact partner network in 2016 and becomes a member of the VOI Major League SharePoint area of expertise and the Dynamics CRM User Group. 

Sycor also promotes women in IT and co-founds the IAMCP Women in Technology Chapter Germany. This network of and for women intends to motivate talented young women to pursue a career in IT and encourages the exchange of experiences between women in the industry. 

Sycor takes part in the SAP Digital Selling Award and is presented with first place in the competition at SAP Connect 2016. 

Sycor kicks off 2017 by founding two locations in North Rhine-Westphalia – in Bielefeld and Greven. A location in Freiburg is also opened in August. Strategic growth is aimed at offering regional contact points for customers with support in the closest possible proximity.

In 2017, Sycor is recognized no less than three times in the Great Place to Work ® competition. Sycor takes first place in the "Best Employers in Lower Saxony-Bremen 2017" category in the size class of companies with more than 250 employees, and third place in the "Best ITC Employers" award in the category for companies with 501 to 1,000 employees. This also makes Sycor one of Germany's best employers.

The Sycor Group reaches the 700 employee mark in August. By December it already has over 740 employees distributed across 21 locations around the world. 

 

2012 - 2014

Challenging but yet successful

The full-range IT service provider Sycor boosted its sales to EUR 59.3 million in the 2012 financial year. At the same time, the number of employees grew from an average of 340 in the year 2011 to currently more than 550 worldwide. With two new locations in Munich and Chemnitz, the Göttingen company also strengthened its nationwide presence. Due to an acquisition concluded in 2011 and the majority investment in two other companies effective 1 January 2012 the Sycor Group expanded its solution and services portfolio considerably.

In 2013 the growth of the Sycor Group in the German and international markets continued (turnover of EUR 59.4 million) and Sycor achieved a place in the Lünendonk Top 10 list of the leading German midsized IT consulting and System integration companies for the first time.

For Sycor, as a mid-sized, internationally competing and full-range IT service provider from Germany, the 2014 business year represents the foundation from which to achieve our planned strategic growth. Even though sales were less than expected, and earnings were slightly down in 2014 from the previous year at EUR 57 million, there is ample reason for a positive outlook on the coming year.

The many customers acquired ensure full order books, the recruitment of more than 60 new employees in the previous year shows that Sycor is an attractive employer thanks to its strategy and philosophy in human resources.

The high level of employee satisfaction is measurable, and in 2014 was reflected in the TOP JOB awards: third place in the competition for Best Mid-Sized Employer and winner in the category "Focus on Women". Aside from investment in further recruitment, the company also injected money into the development of new software products and the sale of cloud solutions in the previous year. In the field of cloud and technology services, Sycor has been able to improve on its market success significantly and acquire more new customers than ever before.

2009 – 2011

Strengthening of market position and partnerships

With two further acquisitions in 2009 and 2010, the Sycor Group consolidates its standing as one of the largest service providers for Microsoft Dynamics AX ERP software as well as its position as an end-to-end supplier of SAP solutions for mid-sized businesses. The group also debuts as a seller of SAP licenses and strengthens its partnership with SAP. Despite the tense economic situation at its international branches, the Sycor Group boosts its sales in 2010 to 40.2 million euros, an increase of 14 percent. During the 2011 financial year, an average 340 employees generate sales of 41.2 million euros. The group acquires aixonix IT Consulting GmbH. Between 2009 and 2011, new locations in Hamburg, Aachen, Stuttgart and Düsseldorf further strengthen Sycor's presence in Germany, and the group becomes increasingly international thanks to two locations in South America.

2004 – 2008

The Sycor Group expands nationally and internationally

The years 2004 to 2008 are marked by continuous growth. With total revenues of 24.5 million euros, 2004 becomes the most successful year in the company’s history so far. Sycor drives its expansion abroad with the opening of a representative office in Shanghai, China and the acquisition of Business Connection in Montreal, Canada. The company continues to grow through targeted recruitment of staff. 2007 marks the next chapter in the Sycor success story: with growth of 28 percent compared to the previous year, the group generates revenues of 29.5 million euros. Kuala Lumpur in Malaysia becomes the newest Sycor location. Sycor begins its anniversary year of 2008 backed by the best results in the company's history. On time to celebrate its tenth birthday, the group introduces its new corporate design including the logo, "We give IT a face".

1999 – 2003

Göttingen acts as base for strategic expansion

The move to the building near the train station in Göttingen, with its modern infrastructure and optimally equipped computing centers, lays the foundation for the company's strategic growth. In 2000 and 2001, Sycor begins to expand both at home and abroad, acquiring shares in two companies in Germany and opening foreign branches in the US and Singapore. At the same time, the company initiates a strategic process aimed at targeting Sycor's market position. In 2002 the group receives two recognitions, the DIN EN ISO 9001:2000 certification and the SAP Hosting Partner certification. The strategic process initiated in 2001 is implemented and applied internally up into 2003.

1994 - 1998

From Sycor's roots to its incorporation

In 1994, the 8-person IT department at Ottobock is tasked with implementing SAP ERP (formerly SAP R/3) enterprise software in all modules on a central system in Duderstadt. Over the following years, the team's expertise grows as they implement the SAP system and perform roll-outs at 15 locations worldwide. The IT department pushes for a global logistics concept at Ottobock and begins its implementation. Following the company-wide integration of a telecommunications solution in the IT area in 1997, the two IT managers, Dr. Marko Weinrich and Rüdiger Krumes, come up with the idea of founding an IT service provider. In February 1998 their idea becomes a reality: SYCOR GmbH is founded and the Ottobock IT department is integrated into the new company. Fourteen employees based in Duderstadt start work in March 1998. CEOs are Dr. Marko Weinrich and Rüdiger Krumes.  

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