In the dynamic world of software and cloud services, mergers and acquisitions are not just business moves; they are transformative steps toward reshaping the future. This principle is exemplified in the recent strategic acquisition of Novis Euforia by SoftwareOne Holding AG. This move represents a significant leap in SoftwareOne’s journey to enhance its presence in the SAP and cloud services sector.
Founded in 2019, Novis Euforia, headquartered in Madrid, Spain, has carved a niche in the SAP technology services arena. Their expertise in automating and streamlining SAP S/4HANA transitions has made them a valuable entity in the cloud transformation journey. The company’s recognition as SNP Partner of the Year in Spain in 2022 is a testament to its prowess in leveraging data and transformation tools.
Bernd Schlotter, President of SoftwareOne Software & Cloud, while not quoted directly, has expressed admiration for Novis Euforia’s growth trajectory and differentiated offerings. This acquisition aligns with SoftwareOne’s strategy to tap into the growing market for SAP services, estimated to be worth approximately US$3 billion.
Javier Porro, CEO and Co-founder of Novis Euforia, shares a vision of innovation in SAP S/4HANA conversions and delivery across Europe. The collaboration between SoftwareOne and Novis Euforia is expected to broaden the spectrum of solutions offered to clients, driving value through innovation and expertise.
This month, SoftwareOne Holding also took a significant step by appointing former SAP executive Rohit Nagarajan as president and chief revenue officer. With his extensive experience in SAP’s operations across northern Europe, Nagarajan is set to play a pivotal role in identifying strategic growth initiatives and further enhancing sales performance.
In another strategic development, SoftwareOne Holding AG announced a collaborative initiative with Amazon Web Services (AWS) in November 2023. This initiative, titled “Ready for RISE on AWS,” combines SoftwareOne’s deep SAP advisory and implementation knowledge with AWS technologies. It also aims to accelerate the SAP transformation journey for clients, marking a significant advancement in the cloud services sector.
Expanding Reach and Enhancing SAP and Cloud Services
The acquisition of Novis Euforia brings a team of 35 professionals with deep technical expertise to SoftwareOne’s SAP practice. This expansion is not just about numbers; it’s also about enriching the team with skills that can drive transformational outcomes for clients in Europe. SoftwareOne’s position as a leader in cloud services is further solidified with this move, boasting over 500 SAP and cloud-certified consultants and a presence across 30 countries.
SoftwareOne’s expertise spans various aspects of SAP and cloud services, including SAP S/4HANA advisory, conversion, implementation, and managed services. With accreditations as a Microsoft Gold Partner, an Azure Expert MSP, and an AWS SAP Competency Partner, the company stands at the forefront of delivering comprehensive solutions. The integration of Novis Euforia’s team and capabilities promises to enhance these offerings further.
The union of SoftwareOne and Novis Euforia is more than a merger; it’s a fusion of vision, innovation, and expertise. This collaboration is set to redefine the landscape of SAP and cloud services, offering clients a blend of technical prowess and innovative solutions. As the market for SAP services continues to expand, this partnership stands poised to make significant contributions to the industry’s growth and evolution.
As SoftwareOne and Novis Euforia embark on this journey together, the future looks promising. With a combined arsenal of expertise, innovative solutions, and a commitment to excellence, this partnership is set to make waves in the SAP and cloud services domain. The strategic moves by SoftwareOne, including key appointments and collaborations, underscore its determination to lead and innovate in this dynamic industry.
