Addedo was founded in 2007. We are extremely well established in the market place for being relatively recently founded. The people of Addedo have an average of twelve years experience in this space. Most of us have worked for Cognos, Frango and Hyperion. In addition, many of us have had leadership roles at Group Finance functions some as business controllers others as CFOs.
In total, we are over 40 senior consultants and four experienced sales executives and are looking at a turnover of around 7,5 MEUR, with 12% profit before tax for 2010. We are partner owned, and all share holders are operative in the company. About half of the 40+ people are currently partners and shareholders. Addedo has offices in Sweden, Switzerland and the UK. This is where the bulk of our customers are located.
Addedo is a fast growing international consultancy. Our consultants work primarily for the CFO and Group Finance function, but also for LOB Managers. Through our management, application and interim consultancy we help our customers gain better insight into their business performance. Specifically we help our customers improve on their reporting, consolidation, planning, budget and analysis processes and systems. Addedo is a Premier Partner and VAR to IBM Cognos in all three markets. We do that very successfully being one of the best selling IBM Software partners in both Sweden and Switzerland. Gradually, we have been starting to provide consulting on QlikView, Hyperion, SAP (Cartesis and Outlooksoft) and some local suppliers such as Aaro.
We are also working hard to building a community and work cross borders. We do have a forum on the web where we exchange ideas, fun and tips and tricks on software.
Being one of the leading CPM software consultancy firms with extensive experience from working with all the market leading vendors, Addedo was an obvious choice for us.
-Kristi Härding, IT Director, Diaverum