apsolut through the years

Start a journey with us through 15 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 Vijiavada, 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

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Events

Webinar: Automation in Procurement – How MANN+HUMMEL optimises its procurement processes with chatbots

Register for free and get exclusive insights from our customer MANN+HUMMEL on how they use bots in their procurement organisation. The automotive supplier will share its experiences from potential identification to implementation. In addition, you will get an overview of general application possibilities of RPA (Robotic Process Automation) and CAI (Conversional Artificial Intelligence) bots in the procurement environment.

Language: English

2023-06-07 Online

Webinar: Automation in Procurement – How MANN+HUMMEL optimises its procurement processes with chatbots

SAP Procurement Forum Vienna 2023

The hugest Austrian Procurement event of the year is approaching: We cordially invite you to the SAP Procurement Forum Vienna. Under the motto Sustainable, fast and cost-saving - How digitalization of the supply chain creates time for strategic focus, procurement experts will come together at the Hilton Vienna Danube Waterfront. Learn from customer experiences and benefit from new solutions for processes as well as the direct exchange with your peers.

2023-06-14 Hilton Vienna Danube Waterfront

SAP Procurement Forum Vienna 2023

News

We are #1 on kununu!

apsolut is and will remain a “Great Place to Work”

apsolut cooperates with The Power Business School

apsolut and Scoutbee announce partnership