Community Short Facts - May 2022


Positive Trend
xSuite continued its growth trajectory in fiscal year 2021 and achieved group-wide revenue of 40 million euros while maintaining high profitability. The cloud business, in particular, grew very strongly. The number of employees across the entire company rose to 230. The subsidiaries in Denmark, the Netherlands, Singapore, Slovakia, Spain, and the U.S. also made significant contributions to the positive overall results. xSuite was able to increase the number of its customer projects by another six percent last year.
New customers include, among others, the U.S. automotive supplier and medical technology manufacturer Gentherm and the footwear manufacturer Crocs (also based in the U.S.). For xSuite, “cloud first” is the model of the future. In the future, invoice processing will also increasingly be moved to the cloud, for example to the SAP Business Technology Platform. The company is continuing to develop its products in this direction, with an increased focus on the use of artificial intelligence. More and more SAP users will switch to the new S/4 HANA product generation and move to the cloud.

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