GFT Acquires SAP Specialist Megawork

GFT has acquired SAP specialist Megawork. SAP SE is the world's leading provider of integrated software packages, with net sales broken down into software sales (87.3%) and consulting services (12.7%). The company generates revenue from various regions, with Germany accounting for 15.7%, Europe/Middle East/Africa at 29.9%, and the United States at 32.3%.

GFT, a leading provider of IT services, has recently acquired SAP specialist Megawork. This strategic move aims to strengthen GFT's capabilities in the SAP ecosystem, positioning the company to capitalize on the growing demand for integrated software solutions. The acquisition follows a trend of consolidation in the SAP consulting market, where companies are seeking to enhance their service offerings and market reach.

SAP SE, the global leader in enterprise software, is a key player in the market with a significant presence in various regions. According to the latest market reports, SAP's cloud business has demonstrated robust growth, with a 28% increase in bookings for the next 12 months [1]. This strong performance is a key driver of SAP's overall revenue growth and is expected to continue as more enterprises transition to cloud solutions. The company's recent strategic partnerships with AI companies like Mistral AI and Capgemini further bolster its market position, making it an attractive buy for traders looking for short-term gains.

The Germany SAP Solutions market is also experiencing significant growth. According to a recent report, the market size was valued at USD 4.85 Billion in 2024 and is projected to reach USD 9.75 Billion by 2033, growing at a CAGR of 8.90% from 2026 to 2033 [2]. The market's growth is driven by the adoption of cloud-based and AI-powered enterprise applications, as well as the increasing demand for digital transformation across industries. Small and medium enterprises (SMEs) are increasingly adopting SAP solutions, benefiting from scalable pricing models and flexible deployment options.

GFT's acquisition of Megawork is expected to enhance its ability to deliver comprehensive SAP solutions to its clients. Megawork's expertise in SAP consulting and implementation will complement GFT's existing service offerings, enabling the company to provide more integrated and value-added solutions. This move aligns with the broader trend of consolidation in the SAP consulting market, where companies are seeking to expand their service portfolios and strengthen their market positions.

In conclusion, GFT's acquisition of Megawork is a strategic move that positions the company to capitalize on the growing demand for integrated software solutions. The acquisition follows a trend of consolidation in the SAP consulting market and is expected to enhance GFT's ability to deliver comprehensive SAP solutions to its clients.

References:
[1] https://www.marketscreener.com/quote/stock/SAP-SE-436555/news/SAP-SE-Positioned-for-Short-Term-Upside-50466570/
[2] https://www.linkedin.com/pulse/germany-sap-solutions-market-size-benchmarks-insights-1pyve/