International Consulting Group Eraneos continues growth course: Merger with SMP Enriches Strategy Portfolio in Energy, Insurance, Banking and Telecommunications Sector

International Consulting Group Eraneos continues growth course: Merger with SMP Enriches Strategy Portfolio in Energy, Insurance, Banking and Telecommunications Sector

Press release

Hamburg, February 28, 2023 – The international consulting group Eraneos and associated Ginkgo Management Consulting (in future: Eraneos Germany) continue to focus on strategic expansion and announce the next merger: With immediate effect, the Düsseldorf company SMP and its subsidiary Convalid Analytics, with more than 70 consultants, join the Eraneos group. Clients will benefit from an enriched portfolio of services, especially in terms of strategy. SMP Strategy Consulting and Eraneos Group will further expand their industry leverage and strengthen the business in Germany.

“SMP is an excellent partner for our group enhancing our strategy competency significantly and also adding a strong footprint in industries where we want to continue to grow and see strong demand for our services – especially in utility and insurance industries”

Lars Godzik, Founding Partner of Eraneos Germany

SMP is a strategy consulting firm based in Düsseldorf specializing in growth and transformation strategy. It stands for strategic, personal and pragmatic consulting activities and develops implementable strategies, designs outstanding customer experiences and sets up organizations to perform. Founded in 1998, SMP has an established and large portfolio of renowned clients in the sectors of energy and resources, insurance, banking and telecommunications.    
       
In addition to SMP, Convalid Analytics, a subsidiary of SMP, joins the Eraneos Group. Convalid Analytics combines business expertise and data science skills. Jointly with Ginkgo Analytics, a Ginkgo Management Consulting GmbH subsidiary, Convalid Analytics will further strenghten the standing of Eraneos Germany regarding data analytics, AI and data-driven decision-making.

Alfons Niebuer, Partner of SMP, highlights the benefits of the merger for clients as well as employees: “We are excited to join the Eraneos Group. In this new lineup, we can offer an excellent customer journey for consulting clients: from elaborated strategy concepts to successful implementation in IT systems – delivered end-to-end in high quality with experts from within one group. We will gain additional technology and digitization expertise and international delivery capabilities. This will further increase the attractiveness for our employees and future talents”.

“I am proud that our Eraneos growth story attracts entrepreneurial teams that want to gain access to broader expertise and international delivery capabilities. By joining forces, we can offer our clients a broader range of services and our talents even more perspectives.”

Oliver Vaterlaus, CEO of Eraneos Group

About SMP Strategy Consulting

Founded in 1998, SMP Strategy Consulting provides strategic and pragmatic solutions for customers’ digital journeys and is based in Düsseldorf. It specializes in customer-centric transformation and building high-performance organizations. SMP’s portfolio sectors include banking, energy and resources, telecommunications and insurance. SMP provides a wide range of services in the areas of growth and transformation strategy, customer experiences and company operations which include digital transformation strategies, customer analytics, insights, personas and E2E process management. Its subsidiary Convalid Analytics combines business expertise with data science skills to provide data-driven business actions and insights.
https://www.smp-ag.de/
https://convalid-ai.de/

About Ginkgo Management Consulting – part of the Eraneos Group

Founded in 2006, Ginkgo Management Consulting GmbH is an independent management consultancy specializing in complex digitalization projects. The consulting spectrum includes the management and implementation of digital and other comprehensive transformation projects as well as classic CIO consulting services. Ginkgo’s global clients include renowned Fortune 500, DAX and medium-sized companies as well as hidden champions. The subsidiaries Ginkgo Analytics and Ginkgo Cybersecurity complement the service portfolio in order to be able to realize digitalization holistically for companies under the motto “Getting Digital Done”. Ginkgo has been part of the Eraneos Group since 2021.
www.ginkgo.com

About Eraneos Group

Eraneos is a global management & technology consultancy group that shapes the digital future of organizations, providing services from strategy to implementation. Together with our industry leading experts, we help our customers remain one step ahead in their digital challenges enabling digital transformation. Eraneos Group has emerged from the alliance of Ginkgo Management Consulting, Quint Group and AWK Group, as announced in 2021. The Group serves clients across three continents where some 1,000 dedicated and highly skilled professionals work jointly to unleash the full potential of digital. Services range from the development of digital business models and data analytics to cyber security, and from sourcing and IT advisory to the management of complex transformation projects. Eraneos Group has offices in Switzerland, Germany, Luxembourg, Spain, the Netherlands, Austria, China, Singapore and the USA. In 2021 it realized a turnover of close to 200m euros. www.eraneos.com