
Revenue Yield for GWS Group Outstrips €61 Million, Celebrates its Sale Victory
Changing markets have made traditional wholesalers, and distributors rely on modern platforms to grow and make acquisitions to reach out to more people.
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CIO Applications Europe | Tuesday, June 04, 2019

FREMONT, CA: Changing markets have made traditional wholesalers, and distributors rely on modern platforms to grow and make acquisitions to reach out to more people. Catering to the same, GWS Group stepped into the market with ERP solutions specific to the wholesale and distribution area in 1992. This Münster-based provider of ERP solutions is outperforming the market and proving its continued success in growth by generating €61.5 million in sales revenues in 2018.
GWS’s persistent focus on customer needs, exploration of market prospects in the new and existing businesses, successful individual projects and growing consulting services along with its 75.1% majority stake in faveo GmbH are vital factors of this extraordinary performance. The faveo365 suite provides a trademark ERP solution based on Microsoft Dynamics NAV that is ultimate for SMEs running in the trade and manufacturing sectors. The company also notes that its continued positive development has a direct influence on its steadily rising employee numbers.
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“In 2018, we once again succeeded in acquiring key customers for our two core products, gevis ERP | NAV and gevis ERP | AX. In so doing, we managed to expand our share of the market further. The expansion of the cloud-based Microsoft product portfolio in the area of CRM, for example, plus a product strategy that is increasingly geared toward cloud business in general, will further boost GWS’s growth,” explains Udo Lorenz, CEO at GWS.
GWS facilitates companies in succeeding their game to accomplish innovative advantages with extensive choice and timely delivery of its services. Focusing on core business ERP systems and being familiar with industry-specific terminology and challenges GWS can understand client issues and guide them to the right solutions. “The combination of seasoned professionals with an in-depth understanding of the industry and its processes and highly skilled developers make us second to no one,” adds Georg Mersmann, CEO and MD, GWS. “The expansion of the cloud-based Microsoft product portfolio in the area of CRM, for example, plus a product strategy that is increasingly geared toward cloud business in general, will further boost GWS’s growth."
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