Devoteam Cash Conversion

What does Devoteam do? Devoteam SA is a French consulting company founded in 1995 by Stanislas de Bentzmann and Godefroy de Bentzmann. The company offers a variety of services in IT consulting and digital transformation, serving clients in Europe, the Middle East, North Africa, and the Asia-Pacific region. Devoteam SA specializes in digital transformation to help companies optimize their business processes and organizations to stay relevant in the fast-paced digital world. Their services include consulting, implementation, and operation of IT solutions in various industries such as banking, insurance, telecommunications, and energy. One of Devoteam SA's core business models is consulting companies on the implementation of data analytics and AI-based projects. They assist companies in effectively utilizing their data to support decision-making through actionable insights. The company has a wide range of divisions. Devoteam SA operates Devoteam Middle East, headquartered in Dubai, as its regional operation for the Middle East. Similarly, Devoteam Central Europe, based in Frankfurt, Germany, serves clients from Germany, Austria, Switzerland, and some Eastern European countries. The "Managed Services" division offers customers the management of business processes and IT infrastructures. Devoteam also provides its customers with an e-commerce solution and digital marketing campaigns to support sales and deliver a better online brand experience. Additionally, they offer a Digital Employee Experience solution to help improve the work environment and promote employee engagement. Core products of Devoteam SA include operational and IT strategy tools, digital applications, cloud integration, data analytics platforms, and cybersecurity products. The company collaborates with leading tech partners such as Microsoft, Google, Amazon, and Salesforce to deliver innovative solutions to its customers. Devoteam SA has also been involved in acquiring other companies. In 2018, Devoteam acquired Edifixio, a company offering consulting services for Salesforce customers. The aim of the acquisition was to expand Devoteam's business in terms of Salesforce solutions and better serve its customers. In 2020, Devoteam SA announced that it would be acquired by Capgemini, one of the world's largest IT consulting and service providers. The acquisition is still in the final phase and is expected to be completed by mid-2021. Overall, Devoteam SA has experienced impressive growth in recent years and has strengthened its focus on digital transformation. The company will continue to support its customers in adapting their business processes and preparing their organizations for the fast-paced digital world. Devoteam is one of the most popular companies on Eulerpool.