apsolut through the years

Start a journey with us through 18 years of apsolut! Many exciting things have happened since the foundation of apsolut in 2005, which have been summarized for you in the timeline below. Simply scroll down and get to know us even better.

2005

Foundation

Foundation of the consulting company apsolut by Tim Kollmeier & Thomas Herbst

Foundation
2006

The first milestones

We hire the first employees and open our first two German locations in Bielefeld and Leinfelden-Echterdingen near Stuttgart. In the same year, we conduct our first own customer event and are represented at eProcure & Supply with an exhibition booth. SAP acquires the US company Frictionless Commerce Inc. – an important milestone for apsolut as well.

The first milestones
2007

Our growth continues

We pass the 15 employee mark and achieve revenues of more than 2.5 million euros.

Our growth continues
2008

Increasing order volumes

We are successfully launching our largest project so far with an order volume of more than 1.25 million euros.

Increasing order volumes
2009

apsolut becomes international

Foundation of the first location outside Germany by Paparao Madasu in Vijayawada, India

apsolut becomes international
2010

We celebrate 5 years of apsolut

We have mastered the global financial and economic crisis without any problems and are experiencing an upswing. We celebrate our 5th anniversary in Dusseldorf at the boxing match between Klitschko and Chambers!

We celebrate 5 years of apsolut
2011

Increasing revenues

apsolut achieves revenues of more than 7 million euros worldwide and wins its 100th customer.

Increasing revenues
2012

apsolut expands further

We pass the 50 employee mark, establish a new office in Hyderabad, India, and open our first locations in Spain and the UK with offices in Málaga and London. Another important milestone for apsolut: SAP acquires Ariba. We start our first SAP Contract Management and Sourcing project with Frictionless.

apsolut expands further
2013

First Ariba project

We establish an office near Frankfurt, Germany, and successfully implement the first Ariba projects at a very early stage.

First Ariba project
2014

We hit the 10 million mark

apsolut generates global revenues of more than 10 million euros and continues to expand: While apsolut India celebrates its fifth anniversary, we are establishing an office in Hamburg, Germany, and also our first location in China with a branch office in Tianjin. Another relevant step for apsolut: SAP acquires Fieldglass.

 

We hit the 10 million mark
2015

10 years apsolut

We exceed the 150 employee mark and celebrate the anniversary with our team on the AIDA. We are expanding in India by establishing a new location in Bangalore. The number of successfully implemented Ariba projects increases to more than ten.

10 years apsolut
2016

Another revenue record

apsolut is awarded "Great Place to Work: Top employer Consulting" in Germany and achieves global revenues of around 19 million euros.

Another revenue record
2017

SAP Ariba MEE Partner of the Year Pt. 1

apsolut is honored as SAP Ariba MEE Partner of the Year 2017. Growth in management and team: The Senior Partner Board is established and more than 200 employees belong to the company.

SAP Ariba MEE Partner of the Year Pt. 1
2018

SAP Ariba MEE Partner of the Year Pt. 2 + Gold Partner

We are moving up from SAP Silver Partner to SAP Gold Partner and successfully defending our title of SAP Ariba MEE Partner of the Year. We continue to expand: With the Beijing office we open our second location in China and establish a subsidiary in Vienna, Austria. In Germany, we achieved the title "Great Place to Work" for the second time and are awarded by Focus-Business as one of the top employers in the German SME sector. We achieve revenues of more than 20 million euros worldwide.

SAP Ariba MEE Partner of the Year Pt. 2   Gold Partner
2019

SAP Ariba MEE Partner of the Year Pt. 3

For the third time in a row, apsolut is honored as SAP Ariba MEE Partner of the Year. The DACH region is completed: With our new office in Zurich, we now also have a subsidiary in Switzerland. We are also opening a third location in China with our office in Shanghai.

SAP Ariba MEE Partner of the Year Pt. 3
2020

15 years of apsolut

We thank you for the great journey so far and are looking forward to the coming years!

15 years of apsolut
2020

Corona can not stop us!

The first Corona case in Germany became known at the end of January 2020, after which the numbers rose worldwide. apsolut adapted to the new conditions: The team didn't let itself be stopped and served our customers as usual.

Corona can not stop us!
2020

First virtual Christmas Party

After 15 years of big on-site Christmas parties, we also adapted here in the first Corona year and celebrated our first purely virtual Christmas team meeting.

First virtual Christmas Party
2021

We keep on growing!

apsolut continues to grow. We now employ more than 350 people and achieve a turnover of more than 28 million euros.

We keep on growing!
2022

New international locations

apsolut expands with new locations in France, Poland, the Czech Republic and the Gulf Cooperation Council (GCC) region. In addition, a new office opens in Madrid.

New international locations
2022

Our Main Event is back on-Site!

After two years of purely virtual events, we decided to hold our apsolut Procurement Convention on-site again. With great success!

Our Main Event is back on-Site!
2022

SAP Partner of the Year IS&BN MEE Pt. 5

apsolut receives multiple awards: “SAP Ariba MEE Partner of the Year" for the fifth time in a row / SAP Quality Awards for first-class customer projects.

SAP Partner of the Year IS
2022

apsolut sets new records

In terms of sales and teamsize, apsolut was again able to improve compared to the previous year and set the next benchmark with more than 370 employees a turnover of more than 30 million euros!

apsolut sets new records
2023

New Office in GCC

apsolut GCC has reached a significant milestone - we've officially opened a new office in the region!

New Office in GCC
2023

SAP Partner of the Year IS&BN MEE Pt. 6

apsolut receives the SAP Partner of the Year IS&BN MEE Award for the sixth time in a row.

SAP Partner of the Year IS

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Events

Webinar: Transform your Sourcing Process with SAP Ariba Guided Sourcing

In this webinar, you'll discover the core features and benefits of SAP Ariba Sourcing. Learn about the streamlined and intuitive Guided Sourcing process that enhances efficiency and get a step-by-step guidance on migrating smoothly from Classic Sourcing to Guided Sourcing. Additionally, gain insights into the seamless integration capabilities with both SAP and Non-SAP ERP systems.

2024-07-04 Online

Webinar: Transform your Sourcing Process with SAP Ariba Guided Sourcing

Webinar: Boost your Efficiency in Procurement: SAP Ariba Direct Materials Sourcing for Automotive & Manufacturing

Join us for an exclusive webinar as we delve into the transformative benefits of SAP Ariba Direct Materials Sourcing for the Automotive & Manufacturing sectors. Tailored for procurement professionals and business leaders, this session will reveal how you can streamline sourcing processes and enhance contract management efficiency.

2024-07-11 Online

Webinar: Boost your Efficiency in Procurement: SAP Ariba Direct Materials Sourcing for Automotive & Manufacturing

News

apsolut is a finalist for the SAP Pinnacle Awards 2024 in the Business Network category

Industrial Technology Magazine: "Save time and resources with apsolut Squando"

A new home for the apsolut team in Switzerland

Squando – Based on Collaboration and Joint Development by Schaeffler and apsolut