Freudenberg IT

Freudenberg IT GmbH & Co. KG

Type	Kommanditgesellschaft
Industry	Computer Services
Founded	1995
Headquarters	Weinheim, Germany
Key people	Horst Reichardt, CEO Group Wolfgang Schneider, CFO Group Olaf Herbig, Global CIO, Mohammad Ahmad, Global Operations Michael Heuberger, Regional CEO Americas Dawn McNabb, Regional CFO Americas Ralf Sürken, Regional CEO Europe Markus Stotz, Regional CFO Europe Reto Bless, Regional CEO Asia Lian Li, Regional CFO Asia
Revenue	$ 170 million USD(2009)
Number of employees	744 (as of 2015)
Website	www.freudenberg-it.com

Freudenberg IT SE & Co. KG is an IT company specializing in SAP consulting, outsourcing, manufacturing execution system & managed hosting. It is part of the Freudenberg Group of companies which is a family owned enterprise. The group has a history starting in the year 1849. Freudenberg IT started as an IT spinoff in year 1995. An association with SAP started when Freudenberg became number seven customer of SAP and SAP R1 was installed on Freudenberg systems. Since then they have been able to establish a global presence. Today Freudenberg IT is operating out of 18 locations in Europe, North America, China and South East Asia with over 600 associates. They also collaborate with partners in other regions on a project-by-project basis.

Freudenberg IT is headquartered at Weinheim, Germany. In 2009, Freudenberg IT crossed USD 100 million in annual revenue. Freudenberg Group registered a turnover of about USD 7 Billion in 2008.^[1]

History

Freudenberg IT is part of Freudenberg Group of companies. Around 1995, Freudenberg Group was faced with a question many companies encounter: that of whether to transfer its in-house IT services to a third party. Following comprehensive external benchmarking, the group made a decision to take an entirely different path by achieving legal independence and entering into business transactions with third parties i.e. becoming an IT Spinoff. An independent entity Freudenberg Informatik KG was created which was later renamed as Freudenberg IT. Today Freudenberg IT or FIT is Germany’s most successful IT spinoff, realizing more than three fourth of its revenue from external customers.

In Germany Freudenberg IT is located at Weinheim, Balingen, Düsseldorf, Munich & Hamburg. Their first office outside Germany was in Barcelona, Spain. Later they established offices at Budapest, Hungary and Kiev, Ukraine. In North America, Freudenberg IT is present in Philadelphia, Detroit, Atlanta, Raleigh – Durham, Los Angeles, Halifax CAN & Mexico City MEX. In China they are present in Beijing, Shanghai, Suzhou & Guangzhou. In 2009 Freudenberg IT established an office in Singapore to act as a hub for customers in South East Asia.

In November 2001 Freudenberg IT purchased 75% stake in adicom, the systems enterprise provider based in Balingen, Germany.^[2] With this acquisition Freudenberg IT was able to complement its SAP service suite with a Manufacturing Execution System product. As a MES system, adicom is able to operate as a standalone system or in conjunction with any ERP system.

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