Devoteam Group
{{Short description|French tech consulting company}}
{{Infobox company
| name = Devoteam Group
| type = SA with board of directors
| industry = Computer systems and software consulting
| founded = December 7, 1995
| founders = Stanislas de Bentzmann, Godefroy de Bentzmann
| hq_location = Levallois-Perret, France
| key_people = Stanislas de Bentzmann (Co-CEO), Godefroy de Bentzmann (Co-CEO), Sebastien Chevrel (Group Managing Director)
| products = Consulting services
| revenue = 1 130 million euros (2023){{Cite web |title=ITchannel : Le quotidien des marchés verticaux |url=https://itchannel.info/articles/201760/apres-un-solide-exercice-2023-en-croissance-de-9-devoteam-met-le-cap-sur-la-cybersecurite-et-lia.html |access-date=2025-03-03 |website=itchannel.info}}
| assets =
| num_employees = 11 000 (2023)
| website = {{URL|https://www.devoteam.com}}
}}
Devoteam Group is a French tech consulting company (ESN) founded in 1995.{{Cite web |date=2023-04-12 |title=Devoteam hits two milestones: €1 billion revenue and 10,000 staff |url=https://www.consultancy.eu/news/8700/devoteam-hits-two-milestones-1-billion-and-10000-staff |access-date=2025-02-28 |website=www.consultancy.eu |language=en}} The firm operates platform-agnostic, partnering with Amazon Web Services, Google Cloud, Microsoft, and ServiceNow. The group works with the private (industry and services) and public (public services) sectors of the economy.
After years as a publicly listed company, Devoteam Group returned to private ownership in the fourth quarter of 2021. Founding shareholders Stanislas de Bentzmann and Godefroy de Bentzmann led the transition, supported by US private equity firm KKR, which played a significant role in financing the delisting from the Paris Stock Exchange. Devoteam Group employs more than 11,000 employees in over 25 locations in EMEA.
History
1995–2000: Beginnings
Devoteam Group was founded by Godefroy de Bentzmann and Stanislas de Bentzmann found Devoteam in 1995 in Levallois-Perret in France.{{Cite web |last=Echos |first=Les |date=2000-04-01 |title=Devoteam |url=https://archive.wikiwix.com/cache/index2.php?url=http://archives.lesechos.fr/archives/2000/Enjeux/00157-055-ENJ.htm#federation=archive.wikiwix.com&tab=url |access-date=2025-03-03 |website=lesechos.fr |language=fr}}
In October 1999, the company was introduced on the Euronext Paris stock exchange with a turnover of 35 million euros.{{Cite web |title=Devoteam gagne sur tous les tableaux |url=https://archive.wikiwix.com/cache/index2.php?url=http://www.journaldunet.com/solutions/99nov/991103devoteam.shtml#federation=archive.wikiwix.com&tab=url |access-date=2025-03-03 |website=archive.wikiwix.com}}
2000–2010: External acquisitions
Between 2000 and 2010, Devoteam Group expanded internationally and executed several acquisitions. It also established a ServiceNow business.{{Cite web |date=2024-07-31 |title=Devoteam acquires Dutch ServiceNow practice of Eraneos |url=https://www.consultancy.eu/news/10540/devoteam-acquires-dutch-servicenow-practice-of-eraneos |access-date=2025-03-03 |website=www.consultancy.eu |language=en}}
In 2006, the company Devoteam Telecom & Media was created in Belgium through the acquisitions of Expanded Media and the R&D department of Nokia Siemens Networks R&D, initially based in Herentals, a town in the Flemish Region of the Province of Antwerp. In 2007, the company acquired Teligent AB to develop its telecom services. By 2008, the company had 4,200 employees, and the group was established in 23 countries.{{Cite web |last=Le Menestrel |first=Didier |date=2009-09-15 |title=De l'ultracyclicité des services informatiques... ou des marchés financiers ! - L'Express Votre Argent |url=https://votreargent.lexpress.fr/bourse/de-l-ultracyclicite-des-services-informatiques-ou-des-marches-financiers_1585879.html |archive-url=https://web.archive.org/web/20200926124154/https://votreargent.lexpress.fr/bourse/de-l-ultracyclicite-des-services-informatiques-ou-des-marches-financiers_1585879.html |archive-date=2020-09-26 |access-date=2025-03-03 |website=votreargent.lexpress.fr}}
In 2009, Devoteam Group acquired Danet GmbH, a German IT service provider, strengthening its presence in the German market.{{Cite web |date=2016-09-19 |title=Devoteam erwirbt mehrheitliche Beteiligung an SAP HANA-Spezialisten Q-Partners - Devoteam Group - Germany |url=http://www.devoteam.de/en/feeds/news/devoteam-erwirbt-mehrheitliche-beteiligung-an-sap-hana-spezialisten-q-partners#.WQCv3PmLT3g |archive-url=https://web.archive.org/web/20170516211344/http://www.devoteam.de/en/feeds/news/devoteam-erwirbt-mehrheitliche-beteiligung-an-sap-hana-spezialisten-q-partners#.WQCv3PmLT3g |archive-date=2017-05-16 |access-date=2025-03-03 |website=devoteam.de}}
2010–2020
In 2011, Devoteam Group expanded its capabilities by acquiring RVR, a company specializing in business continuity plans.{{Cite web |title=De l'ultracyclicité des services informatiques... ou des marchés financiers ! |url=https://archive.wikiwix.com/cache/index2.php?url=https://votreargent.lexpress.fr/bourse/de-l-ultracyclicite-des-services-informatiques-ou-des-marches-financiers_1585879.html#federation=archive.wikiwix.com&tab=url |access-date=2025-03-03 |website=archive.wikiwix.com}}
Between 2017 and 2020, Devoteam expanded its cybersecurity offerings with the acquisition of Integrity360 and strengthened its relationship with AWS through the purchase of D2SI (later renamed Revolve).{{Cite web |title=Devoteam rachète D2SI pour son expertise sur AWS - Distributique |url=https://www.distributique.com/actualites/lire-devoteam-rachete-d2si-pour-son-expertise-sur-aws-26722.html |access-date=2025-03-03 |website=www.distributique.com}}{{Cite web |last=Crochet-Damais |first=Antoine |date=2017-09-05 |title=Devoteam rachète D2SI, l'un des principaux partenaires d'AWS en Europe |url=https://www.journaldunet.com/cloud/1196987-devoteam-rachete-d2-si-l-un-des-principaux-partenaires-d-aws-en-europe/ |access-date=2025-03-03 |website=www.journaldunet.com |language=fr}}
Acquisitions also included Q-Partners Consulting & Management GmbH in Germany in 2016 and Alegri International Service GmbH, a Microsoft partner specializing in digital workplace and IT transformation;{{Cite web |date=2018-11-10 |title=Alegri goes Devoteam {{!}} E3-Magazine |url=https://e3mag.com/en/alegri-goes-devoteam/ |access-date=2025-03-03 |language=en-US}}{{Cite news |date=2018-07-12 |title=Devoteam rachète l'allemand Alegri |url=https://www.lesechos.fr/2018/07/devoteam-rachete-lallemand-alegri-975518 |archive-url=http://web.archive.org/web/20230603012414/https://www.lesechos.fr/2018/07/devoteam-rachete-lallemand-alegri-975518 |archive-date=2023-06-03 |access-date=2025-03-03 |work=Les Echos |language=fr}} Spanish firm New Bic;{{Cite web |last=Alonso |first=Santiago Millán |date=2018-09-17 |title=Devoteam Drago compra New BIC para reforzarse en la consultoría tecnológica en España |url=https://cincodias.elpais.com/cincodias/2018/09/14/companias/1536946731_626224.html |access-date=2025-03-03 |website=Cinco Días |language=es}}{{Cite web |date=2022-06-22 |title=Devoteam compra la consultora especializada en ciberseguridad BeClever |url=https://www.computerworld.es/article/2120382/devoteam-compra-la-consultora-especializada-en-ciberseguridad-beclever.html |access-date=2025-03-03 |website=Computerworld.es |language=es-ES}} Belgian cybersecurity firm Paradigmo;{{Cite web |last=Leysen |first=Guy |date=2018-09-11 |title=Devoteam heeft sectorgenoot Paradigmo overgenomen {{!}} Engineeringnet |url=https://engineeringnet.be/nl/nieuws/item/14986/devoteam-heeft-sectorgenoot-paradigmo-overgenomen |access-date=2025-03-03 |website=engineeringnet.be |language=nl-BE}} Portuguese technology services provider Bold{{Cite web |date=2022-01-31 |title=Devoteam rebrands in Portugal |url=https://www.telecompaper.com/news/devoteam-rebrands-in-portugal--1412370 |access-date=2025-03-03 |website=www.telecompaper.com}} and Jayway, a Swedish firm in digital design and software development in 2018.{{Cite web |last=Gros |first=Maryse |date=2018-09-26 |title=Transformation numérique : Devoteam acquiert le Suédois Jayway - Le Monde Informatique |url=https://www.lemondeinformatique.fr/actualites/lire-transformation-numerique-devoteam-acquiert-le-suedois-jayway-72964.html |access-date=2025-03-03 |website=LeMondeInformatique |language=fr}}{{Cite web |date=2022-01-21 |title=ANNONS: Unika Malmöföretaget växer globalt: "Bäst på Google" |url=https://www.sydsvenskan.se/2022-01-21/jayway-blir-devoteam-creative-tech-och-forebild-i-koncernen/ |access-date=2025-03-03 |website=Sydsvenskan |language=sv}}
In 2019, it acquired Avalon Solutions, a Google Premier Partner in the Nordics to strengthen its position in Google Cloud technologies{{Cite web |last=Sanders |first=Rik |date=2019-04-08 |title=Devoteam laat oog vallen op G-company en Avalon |url=https://www.computable.nl/2019/04/08/devoteam-laat-oog-vallen-op-g-company-en-avalon/ |access-date=2025-03-03 |website=Computable.nl}}{{Cite web |last=Boogert |first=Erwin |date=2019-04-08 |title=Devoteam koopt g-company |url=https://www.emerce.nl/nieuws/devoteam-koopt-gcompany |access-date=2025-03-03 |website=Emerce |language=nl}}{{Cite web |last=Certes |first=Nicolas |date=2019-04-08 |title=Devoteam renforce ses liens avec Google Cloud avec 2 rachats - Le Monde Informatique |url=https://www.lemondeinformatique.fr/actualites/lire-devoteam-renforce-ses-liens-avec-google-cloud-avec-2-rachats-74912.html |access-date=2025-03-03 |website=LeMondeInformatique |language=fr}} and PowerData, a Spanish firm specializing in data integration and data management.{{Cite web |date=2019-09-06 |title=Devoteam buys Spain's PowerData after higher H1 |url=https://www.telecompaper.com/news/devoteam-buys-spains-powerdata-after-higher-h1--1307279 |access-date=2025-03-03 |website=www.telecompaper.com}}{{Cite web |last=Tilves |first=Mónica |date=2019-09-20 |title=El negocio de PowerData en España pasa a manos de Devoteam |url=https://www.silicon.es/el-negocio-de-powerdata-en-espana-pasa-a-manos-de-devoteam-2404211 |access-date=2025-03-03 |website=Silicon |language=es-ES}}{{Cite web |date=2019-09-10 |title=Devoteam omzet neemt toe met dubbele groeicijfers |url=https://www.dutchitchannel.nl/news/149960/devoteam-omzet-neemt-toe-met-dubbele-groeicijfers |access-date=2025-03-03 |website=Dutch IT Channel |language=en}}
In 2020, Devoteam Group expanded through the acquisition of three companies: Ysance, a French customer data and AI firm;{{Cite news |date=2021-01-18 |title=Devoteam déleste Ysance |url=https://capitalfinance.lesechos.fr/deals/build-up/devoteam-deleste-ysance-1282046 |archive-url=http://web.archive.org/web/20240619180840/https://capitalfinance.lesechos.fr/deals/build-up/devoteam-deleste-ysance-1282046 |archive-date=2024-06-19 |access-date=2025-03-03 |work=Capital Finance |language=fr}}{{Cite web |date=2021-01-15 |title=Ysance : une acquisition couleur data pour Devoteam |url=https://www.silicon.fr/Thematique/data-ia-1372/Breves/Ysance-une-acquisition-couleur-data-pour-Devoteam-446282.htm |access-date=2025-03-03 |website=silicon.fr |language=fr}}{{Cite web |date=2021-01-14 |title=ITchannel : Le quotidien des marchés verticaux |url=https://itchannel.info/articles/188264/easyence-cede-sa-filiale-ysance-a-devoteam.html |access-date=2025-03-03 |website=itchannel.info}} Fourcast, a Belgian Google Cloud partner;{{Cite web |last=Leemputten |first=Pieterjan Van |date=2020-09-09 |title=Devoteam neemt Fourcast over |url=https://datanews.knack.be/nieuws/devoteam-neemt-fourcast-over/ |access-date=2025-03-03 |website=Data News |language=nl-BE}}{{Cite web |last=Schoonen |first=Deborah |date=2020-09-09 |title=Devoteam neemt Fourcast over en versterkt Google Cloud-diensten |url=https://itdaily.be/nieuws/cloud/devoteam-neemt-fourcast-over-en-versterkt-google-cloud-diensten/ |access-date=2025-03-03 |website=ITdaily. |language=nl}}{{Cite web |last=Petitjean |first=Frederic |date=2020-09-08 |title=Devoteam neemt Belgische Fourcast over |url=https://www.computable.nl/2020/09/08/devoteam-neemt-belgische-fourcast-over/ |access-date=2025-03-03 |website=Computable.nl}} and Inviso, a Danish IT consulting firm specializing in Microsoft Power BI.{{Cite web |last=Bossi |first=Paolo |date=2020-08-27 |title=Devoteam's Acquisition of Inviso – Global Legal Chronicle |url=https://globallegalchronicle.com/devoteams-acquisition-of-inviso/ |access-date=2025-03-03 |language=en-US}}{{Cite web |date=2020-08-20 |title=Devoteam køber dansk it-konsulenthus med 67 ansatte: Se planen her |url=https://www.computerworld.dk/art/253035/devoteam-koeber-dansk-it-konsulenthus-med-67-ansatte-se-planen-her |access-date=2025-03-03 |website=Computerworld |language=da}}{{Cite web |last=Oxvig |first=Malte |date=2020-08-20 |title=Devoteam slår kløerne i konsulenthus |url=https://itwatch.dk/ITNyt/Brancher/konsulenter/article12357043.ece |access-date=2025-03-03 |website=itwatch.dk |language=da}}
In 2020, the founders took the company private through a capital operation supported by KKR.{{Cite web |date=2023-04-12 |title=Devoteam hits two milestones: €1 billion revenue and 10,000 staff |url=https://www.consultancy.eu/news/8700/devoteam-hits-two-milestones-1-billion-and-10000-staff |access-date=2025-03-03 |website=www.consultancy.eu |language=en}}
2020: New strategic plan
In 2020, the company carried out a capital operation where the founders, management board members, and major shareholders, Godefroy and Stanislas de Bentzmann, with financial support from KKR, jointly launched a public offer to purchase shares of Devoteam Group.{{Cite news |date=2020-12-01 |title=Devoteam: succès de l'OPA des cofondateurs, qui détiennent 72,4% du capital - AMF |url=https://investir.lesechos.fr/actu-des-valeurs/la-vie-des-actions/devoteam-succes-de-lopa-des-cofondateurs-qui-detiennent-724-du-capital-amf-1840540 |archive-url=http://web.archive.org/web/20231031040703/https://investir.lesechos.fr/actu-des-valeurs/la-vie-des-actions/devoteam-succes-de-lopa-des-cofondateurs-qui-detiennent-724-du-capital-amf-1840540 |archive-date=2023-10-31 |access-date=2025-03-03 |work=Investir |language=fr}} This operation resulted in the holding company Castillon owning just over 80% of the group's capital.{{Cite web |date=2020-12-18 |title=Le holding Castillon ne détient que 80% de Devoteam à l'issue de la réouverture de l'offre |url=https://investir.lesechos.fr/actu-des-valeurs/la-vie-des-actions/le-holding-castillon-ne-detient-que-80-de-devoteam-a-lissue-de-la-reouverture-de-loffre-1840887 |access-date=2025-03-03 |website=investir.lesechos.fr}}
On September 10, after the annual review of the Euronext Paris indices, the Scientific Council of Indices decided to include Devoteam Group in the SBF 120 and CAC Mid 60 indices.{{Cite web |date=2020-09-11 |title=Bourse en ligne : Information boursiere, Economie, Finance, Bourse de paris - Cerclefinance |url=http://www.cerclefinance.com/default.asp?pub=valactu&localcode=&isin=&art=593059 |access-date=2025-03-03 |website=www.cerclefinance.com}}
Devoteam Group expanded its 'Knowledge Up' program in Saudi Arabia to include executive education from top universities, helping young talent gain expertise in IT consulting and leading technology in 2021.{{Cite web |date=2023-04-12 |title=IDC names Devoteam the top IT consultancy in Saudi Arabia |url=https://www.consultancy-me.com/news/6057/idc-names-devoteam-the-top-it-consultancy-in-saudi-arabia |access-date=2025-03-03 |website=www.consultancy-me.com |language=en}} The company acquired Necsia in Spain to support its Microsoft Cloud services,{{Cite web |last=Brunoli |first=Joseph |date=2022-01-18 |title=Devoteam announces two new acquisitions to support its EMEA ambitions |url=https://www.techzine.eu/news/applications/71406/devoteam-announces-two-new-acquisitions-to-support-its-emea-ambitions/ |access-date=2025-03-03 |website=Techzine Global |language=en}}{{Cite web |last=Kepinski |first=Witold |date=2022-01-18 |title=Devoteam koopt ALFUN in Frankrijk en NECSIA in Spanje |url=https://www.dutchitleaders.nl/news/177189/devoteam-koopt-alfun-in-frankrijk-en-necsia-in-spanje |access-date=2025-03-03 |website=Dutch IT Channel |language=en}} Cloudeon in Denmark to develop its expertise in Azure{{Cite news |last=Coret |first=Sandra |date=2022-01-07 |title=Acquisition : Devoteam~? partenaire Microsoft de l'année 2021~? rachète la société Alfun pour renforcer ses activités Cloud Microsoft |url=https://cloud-computing.developpez.com/actu/330023/Acquisition-Devoteam-partenaire-Microsoft-de-l-annee-2021-rachete-la-societe-Alfun-pour-renforcer-ses-activites-Cloud-Microsoft/ |access-date=2025-03-03 |work=Developpez.com |language=fr-FR}}{{Cite web |last=Kepinski |first=Witold |date=2021-09-05 |title=Devoteam neemt CLOUDEON over |url=https://www.dutchitchannel.nl/news/172384/devoteam-neemt-cloudeon-over |access-date=2025-03-03 |website=Dutch IT Channel |language=en}}{{Cite web |last=Filippone |first=Dominique |date=2021-09-02 |title=Avec Cloudeon, Devoteam muscle son expertise Azure - Le Monde Informatique |url=https://www.lemondeinformatique.fr/actualites/lire-avec-cloudeon-devoteam-muscle-son-expertise-azure-84018.html |access-date=2025-03-03 |website=LeMondeInformatique |language=fr}} and other cloud platforms, Integrity in Portugal to enhance its cybersecurity capabilities,{{Cite web |last=Tazrout |first=Zacharie |date=2021-06-17 |title=Devoteam announces the acquisition of Integrity to strengthen its cybersecurity offer |url=https://www.actuia.com/en/news/devoteam-announces-the-acquisition-of-integrity-to-strengthen-its-cybersecurity-offer |access-date=2025-03-03 |website=ActuIA |language=en}}{{Cite web |last=Savvas |first=Antony |date=2021-06-18 |title=Devoteam bolsters security services with Integrity acquisition |url=https://iteuropa.com/news/devoteam-bolsters-security-services-integrity-acquisition |access-date=2025-03-03 |website=IT Europa |language=en}}{{Cite web |last=Kepinski |first=Witold |date=2021-06-19 |title=Devoteam koopt Integrity en stelt nieuw lid RvB aan |url=https://www.dutchitleaders.nl/news/169968/devoteam-koopt-integrity-en-stelt-nieuw-lid-rvb-aan |access-date=2025-03-03 |website=Dutch IT Channel |language=en}} and Nubalia in Spain to strengthen its work with Google Cloud.{{Cite web |date=2021-02-28 |title=Devoteam compra Nubalia y quiere ser el primer partner de Google Cloud en España |url=https://www.channelpartner.es/cloud/devoteam-compra-nubalia-y-quiere-ser-el-primer-partner-de-google-cloud-en-espana/ |access-date=2025-03-03 |website=Channel Partner}}{{Cite web |last=Rodríguez |first=Pablo |date=2021-03-02 |title=La consultora Devoteam compra Nubalia: su objetivo es convertirse en el principal socio de Google Cloud en España |url=https://www.xataka.com/pro/consultora-devoteam-compra-nubalia-su-objetivo-convertirse-principal-socio-google-cloud-espana |access-date=2025-03-03 |website=Xataka |language=es}}
In 2022, Devoteam Group launched its first TechRadar publication, which was downloaded by over 6,000 users. That same year, Devoteam acquired Alfun in France{{Cite news |date=2022-01-11 |title=Le consultant Devoteam absorbe un spécialiste du secteur, Alfun |url=https://capitalfinance.lesechos.fr/deals-m-a/small-cap/le-consultant-devoteam-absorbe-un-specialiste-du-secteur-alfun-1378287 |archive-url=http://web.archive.org/web/20240302205513/https://capitalfinance.lesechos.fr/deals-m-a/small-cap/le-consultant-devoteam-absorbe-un-specialiste-du-secteur-alfun-1378287 |archive-date=2024-03-02 |access-date=2025-03-03 |work=Capital Finance |language=fr}} and BeClever in Spain.{{Cite web |date=2022-06-30 |title=Consultancy firm Devoteam buys cybersecurity specialist BeClever |url=https://www.investinspain.org/content/icex-invest/en/noticias-main/2022/devoteam.html |access-date=2025-03-03 |website=www.investinspain.org |language=en}}{{Cite web |last=Armand |first=Johann |date=2023-02-20 |title=Devoteam franchit le cap du milliard d’euros de chiffre d’affaires et vise +15% en 2023 |url=https://www.channelnews.fr/devoteam-franchit-le-cap-du-milliard-deuros-de-chiffre-daffaires-et-vise-15-en-2023-122438 |access-date=2025-03-03 |website=ChannelNews |language=fr-FR}}{{Cite web |date=2022-06-21 |title=Devoteam compra BeClever siguiendo su plan para facturar 1.500 millones en 2024 |url=https://www.computing.es/noticias/devoteam-compra-beclever-siguiendo-su-plan-para-facturar-1-500-millones-en-2024/ |access-date=2025-03-03 |website=Computing}}
In April 2023, the company opened a second office in Kaunas, Lithuania, continuing its expansion in the country and focusing on cloud services for projects across Europe.{{Cite web |date=2023-04-04 |title=Devoteam launches new office in Kaunas, 2nd in Lithuania |url=https://www.consultancy.eu/news/9268/devoteam-launches-new-office-in-kaunas-2nd-in-lithuania |access-date=2025-03-03 |website=www.consultancy.eu |language=en}}{{Cite web |date=2023-04-04 |title=Cloud technology company Devoteam to expand in Lithuania with new Kaunas office |url=https://investlithuania.com/news/cloud-technology-company-devoteam-to-expand-in-lithuania-with-new-kaunas-office/ |access-date=2025-03-03 |website=Invest Lithuania |language=en}} At the same time, IDC named Devoteam the top IT consultancy in Saudi Arabia, with a market share of over 13%, ahead of major competitors like KPMG and EY. In November, the company participated in the launch of Google Cloud's services and local data centers in Saudi Arabia, aiming to provide Google Cloud's technology solutions to businesses in the Kingdom.{{Cite web |date=2023-11-22 |title=With launch of Google Cloud, Devoteam to digitally empower KSA businesses |url=https://www.arabnews.com/node/2413491/amp |access-date=2025-03-03 |website=Arab News |language=en}} By 2023 Devoteam reached 1 billion euros in revenue in 25 countries in EMEA, employed over 11,000 staff, and expanded its partnerships to include Snowflake and Databricks.
In late 2023, it made two important acquisitions. In October, the company acquired Singularity Digital Enterprise, a Lisbon-based firm specializing in data analytics, business intelligence, artificial intelligence, machine learning, and data visualization.{{Cite web |last=Graeme |first=Christopher |date=2023-10-13 |title=Devoteam buys Singularity Digital Enterprise |url=https://www.essential-business.pt/2023/10/13/devoteam-buys-singularity-digital-enterprise/ |access-date=2025-03-03 |website=Essential Business |language=pt-PT}}{{Cite web |date=2023-10-12 |title=Portugal Business News - French Devoteam buys Portuguese tech company Singularity Digital Enterprise |url=https://www.portugalbusinessesnews.com/post/french-devoteam-buys-portuguese-tech-company-singularity-digital-enterprise |access-date=2025-03-03 |website=Portugal News - PBN |language=en}}
This was followed in December by the purchase of Dare Planet Technology, a company focused on DevOps, cloud technologies, and observability.{{Cite web |date=2024-03-13 |title=Devoteam aumenta un 24% su facturación en España |url=https://www.computing.es/noticias/devoteam-supera-los-110-millones-de-euros-en-espana-y-cierra-2023-con-una-facturacion-un-24-superior-a-2022/ |access-date=2025-03-03 |website=Computing}}{{Cite web |date=2024-03-14 |title=La consultora tecnológica Devoteam ingresó 110 millones en España en 2023, un 24% más |url=https://www.europapress.es/economia/noticia-consultora-tecnologica-devoteam-ingreso-110-millones-espana-2023-24-mas-20240314134655.html |access-date=2025-03-03 |publisher=Europa Press}}
Since 2024
In 2024, Devoteam Group launched the "Amplify" strategic plan focused on strengthening the company's role in AI-driven technology consulting and doubling the company's revenue by 2028, reaching 2 billion euros, with 50% of revenue generated from AI projects.{{Cite web |date=2024-11-19 |title=Devoteam presenteert nieuw strategisch plan 'AMPLIFY' met sterke focus op AI |url=https://www.ittopics.be/devoteam-presenteert-nieuw-strategisch-plan-amplify-met-sterke-focus-op-ai/ |access-date=2025-03-03 |website=IT TOPICS |language=nl-BE}}{{Cite web |last=Sounack |first=Laurent |date=2024-10-11 |title=Plan stratégique : Devoteam vise 2 Md€ de chiffres d’affaires en 2028 dont 50% liés à l'IA |url=https://www.channelnews.fr/plan-strategique-devoteam-vise-2-mde-de-chiffres-daffaires-en-2028-dont-50-lies-a-lia-139338 |access-date=2025-03-03 |website=ChannelNews |language=fr-FR}}{{Cite web |last=R |first=Stephannie |date=2024-10-14 |title=Devoteam mise sur l’IA pour atteindre 2 milliards d’euros en 2028 |url=https://www.lebigdata.fr/devoteam-mise-sur-lia-pour-atteindre-2-milliards-deuros-en-2028 |access-date=2025-03-03 |website=LEBIGDATA.FR |language=fr}}
In February 2024, Solutions by stc finalized the acquisition of a 40% stake in Devoteam Middle East, valued at approximately SAR 741.7 million (USD 200.2 million), as part of its growth strategy to expand into new markets and business sectors.{{Cite web |last=Talaat |first=Nayrouz |date=2024-02-05 |title=Solutions by stc Finalizes Acquisition of 40% Stake in Devoteam ME |url=https://waya.media/solutions-by-stc-finalizes-acquisition-of-40-stake-in-devoteam-me/ |access-date=2025-03-03 |website=WAYA |language=en-US}}{{Cite web |date=2024-02-04 |title=Solutions by stc completes acquisition of 40% of Devoteam Middle East |url=https://www.bna.bh/En/Solutionsbystccompletesacquisitionof40ofDevoteamMiddleEast.aspx?cms=q8FmFJgiscL2fwIzON1%2BDgl7jY2G68TachG%2FdVwIQSs%3D |access-date=2025-03-03 |website=www.bna.bh}}{{Cite web |title=solutions by stc and Devoteam Global Group Sign MoU to Explore Global Investment, Collaboration Opportunities |url=https://www.spa.gov.sa/en/N2045969 |access-date=2025-03-03 |website=spa.gov.sa |language=en}}{{Cite web |date=2024-02-04 |title=solutions acquires 40% of Devoteam Middle East for SAR 741.7M |url=https://www.argaam.com/en/article/articledetail/id/1702389 |access-date=2025-03-03 |website=ArgaamPlus |language=en}}
In March, it was ranked as the top IT consulting firm in Saudi Arabia's market, valued at SAR 1.4 billion.{{Cite web |date=2024-03-18 |title=Devoteam retains crown in Saudi Arabia's IT consulting market |url=https://www.consultancy-me.com/news/8106/devoteam-retains-crown-in-saudi-arabias-it-consulting-market |access-date=2025-03-03 |website=www.consultancy-me.com |language=en}}
In April, Devoteam was named Google Cloud's top Sales Partner for the EMEA region for the fifth consecutive year, recognizing its contribution to the growth of the Google Cloud ecosystem.{{Cite web |date=2024-04-18 |title=Google Cloud names Devoteam top Sales Partner for EMEA region |url=https://www.consultancy.eu/news/10032/google-cloud-names-devoteam-top-sales-partner-for-emea-region |access-date=2025-03-03 |website=www.consultancy.eu |language=en}}
In July, Devoteam acquired the Dutch ServiceNow practice of Eraneos to strengthen its capabilities in digital transformation and cloud services; and expanded into the UK market by acquiring AWS consultancy Ubertas Consulting to strengthen its Amazon Cloud presence across the United Kingdom and Ireland.{{Cite web |last=Jackson |first=Amber |date=2024-06-13 |title=Devoteam Expands into UK Market, Acquires Ubertas Consulting |url=https://technologymagazine.com/cloud-computing/devoteam-expands-into-uk-market-acquires-ubertas-consulting |access-date=2025-03-03 |website=technologymagazine.com |language=en}}{{Cite web |date=2024-06-18 |title=Devoteam seals deal for AWS partner Ubertas Consulting |url=https://www.consultancy.uk/news/37537/devoteam-seals-deal-for-aws-partner-ubertas-consulting |access-date=2025-03-03 |website=www.consultancy.uk |language=en}}{{Cite web |last=Todd |first=Daniel |date=2024-06-13 |title=Devoteam snaps up UK cloud specialist Ubertas Consulting |url=https://www.itpro.com/business/business-strategy/devoteam-snaps-up-uk-cloud-specialist-ubertas-consulting |access-date=2025-03-03 |website=channelpro |language=en}} At the same year, the company acquired the Spanish business automation company Inlogiq to strengthen its services in automation and digital transformation.{{Cite web |date=2024-12-10 |title=Devoteam acquires Spanish business automation specialist Inlogiq |url=https://www.telecompaper.com/news/devoteam-acquires-spanish-business-automation-specialist-inlogiq--1521809 |access-date=2025-03-03 |website=www.telecompaper.com}}
In October, Devoteam achieved the Google Cloud Generative AI – Services specialization, becoming one of the first global partners to earn this recognition for its expertise in generative AI.{{Cite web |date=2024-10-03 |title=Devoteam achieves Google Cloud Generative AI – Services specialization |url=https://www.consultancy-me.com/news/9345/devoteam-achieves-google-cloud-generative-ai-services-specialization |access-date=2025-03-03 |website=www.consultancy-me.com |language=en}}{{Cite web |last=Digimedia |date=2025-03-27 |title=Devoteam uitgeroepen tot Google Cloud Reseller Partner van het jaar 2020 |url=https://channelbelgium.be/content.php?rubric=News&lng=nl&id=24544&title=devoteam-uitgeroepen-tot-google-cloud-reseller-partner-van-het-jaar-2020 |access-date=2025-03-03 |website=channelbelgium.be}}
The company also acquired Swedish cloud company ProCori, expanding its Servicenow service portfolio in the Nordic region.{{Cite web |last=Jacob |first=Marc |date=2025-02-28 |title=Devoteam acquiert ProCori |url=https://www.globalsecuritymag.fr/devoteam-acquiert-procori.html |access-date=2025-03-03 |website=Global Security Mag Online |language=fr}}{{Cite web |last=Paoli |first=Juliette |date=2024-05-17 |title=Expertise ServiceNow : Devoteam acquiert le suédois ProCori, un important cabinet de conseil ServiceNow basé en Suède |url=https://www.solutions-numeriques.com/expertise-servicenow-devoteam-acquiert-le-suedois-procori-un-important-cabinet-de-conseil-servicenow-base-en-suede/ |access-date=2025-03-03 |website=Solutions-Numeriques |language=fr-FR}}{{Cite web |date=2024-05-17 |title=Devoteam acquiert ProCori, élargissant l'expertise de ServiceNow dans les pays nordiques |url=https://www.boursier.com/actions/actualites/news/devoteam-acquiert-procori-elargissant-l-expertise-de-servicenow-dans-les-pays-nordiques-928959.html |access-date=2025-03-03 |website=Boursier.com |language=fr}} 2024 ended with the acquisition of Inlogiq, a company specialising in business automation solutions.{{Cite web |last=Millán |first=Santiago |date=2024-12-10 |title=La consultora Devoteam se refuerza en España con la compra de Inlogiq |url=https://cincodias.elpais.com/companias/2024-12-10/la-consultora-devoteam-se-refuerza-en-espana-con-la-compra-de-inlogiq.html |access-date=2025-03-03 |website=Cinco Días |language=es}}