News

November 26, 2020

Flowable-mimacom Group with double-digit sales growth in 2019

The mimacom-Flowable Group draws a positive balance for the financial year 2019. Only one year after the fusion of the companies mimacom and Flowable (formerly edorasware) under a common umbrella company, the group of companies continues to grow. Together, the Swiss open source digitization provider mimacom, and the business process management specialists of Flowable AG, achieved an increase in sales from CHF 5 million to CHF 43 million in 2019 (previous year: CHF 38 million). "With a double-digit organic company growth, 2019 was a very pleasing business year for us", explains Kurt Amacher, Chairman of the Board of Directors of mimacom-Flowable Group. The first year together also coincided with the 20th anniversary of the digitization experts, which marked a preliminary high point in the integration of the two companies. The core of the growth remains the continuous focus on innovation for the benefit of national and international customers. Thus, the mimacom project business in the core countries Switzerland, Germany, Spain and the USA has been further expanded. Flowable's business process management products experienced a growing global demand. Among the numerous newly acquired customers were several Fortune 500 companies in the Swiss domestic market as well as in international markets. The finance, manufacturing and life sciences industries remain the most important market segments for both companies alongside the public sector. "We have marked another important milestone in 2019 with the acquisition of Luware. This enabled us to further strengthen our area of expertise in communication and interaction with customers," adds Kurt Amacher.

"The company's growth is possible not least thanks to the efforts of all employees and numerous new hires," says Kurt Amacher. The number of employees at the end of 2019 was 350. "We believe we are very well positioned for the coming years. The pressure for digitization and process intelligence continues to increase. In customer processes, it is important to ensure accessibility in all channels at all times. The need for business process automation is also clearly evident as a result of cost pressure," Kurt Amacher sums up.

mimacom-Flowable Group

The mimacom-Flowable Group, headquartered in Bern, is the first choice for companies that want to reach customers through software solutions and use innovative technologies as accelerators for their business success. The subsidiaries of the international IT group support companies in optimally serving their customers, partners and employees with digital business processes. At national and international locations in Europe, North America and Asia, the more than 350 employees create solutions for customers from various industries, including primarily banks, insurance companies, life sciences and industrial companies. The mimacom-Flowable Group includes the Swiss brands mimacom, Flowable, Luware and GoDigital. mimacom.com | flowable.com | luware.ch | godigital.swiss

Press contact Birgit Maerz mimacom-Flowable Group Head of Marketing birgit.maerz@mimacom.com +49 174 303 4705