Sopra Steria Group SA Strengths, Domain Expertise, and Key Differentiators
Sopra Steria, a European provider in digital transformation, provides one of the most comprehensive portfolios of end-to-end service offerings on the market: consulting, systems integration, software development, infrastructure management, and business process services. Sopra Steria is trusted by leading private and public-sector organizations to deliver successful transformation programs that address their most complex and critical business challenges. Combining high quality and performance services, added value, and innovation, Sopra Steria enables its clients to make the best use of digital technology.
Sopra Banking Software, a subsidiary of Sopra Steria, provides global solutions including software, systems integration, support, and associated consulting services. Its solutions support nearly 800 banks in 70 countries with the objective to accompany banks in their development and their international strategy via a long-term partnership approach. To deliver these services, the company is reinforced by the expertise of more than 3,500 employees.
Sopra HR Software, a subsidiary of Sopra Steria provides innovative solutions and services for the successful digital transformation of the HR function. Its solutions support over 850 public and private customers mainly in EMEA.
Sopra Steria Group SA Recent Developments
In October 2020, Sopra Steria announced a technology partnership with the American startup Sky Republic to offer next-generation digital supply chain platforms for automotive, pharmaceutical, retail, and transportation industries. Based in Scottsdale (Arizona), Sky Republic is a pioneer in enterprise blockchain working today for Aerospace and Air Transportation industries. Founded in 2016, Sky Republic built from the ground up the Atlas platform recognized in six Gartner 2020 Hype Cycles. “We are delighted to contribute to the development of Atlas. Its unique architecture allows to benefit in one platform from all capabilities required in complex supply chain use cases. It offers the best of Ethereum, Fabric, Corda and a B2B middleware. This partnership will strengthen our Sopra Steria’s Blockchain Competency Center, which leverages today more than 200 international experts, in conjunction with our vertical business units” declared Mohammed Sijelmassi, Chief Technology Officer of Sopra Steria.
In March 2020, Sopra Banking Software released Cassiopae V4.7, a leasing and lending application, which is part of the company’s Sopra Financing Platform. The new release, Cassiopae V4.7, includes an enhanced digital portal for dealers and merchants, credit card processing via electronic payment partners, revolving credit for individuals, and improvements in the management of real estate and equipment leasing.
The release of Cassiopae V4.7 is part of the company’s strategic, multi-year roadmap for the specialist finance market. Next steps include further integration between Apak and Cassiopae as well as regular software updates to meet emerging requirements.
Sopra Steria Group SA Mergers and Acquisitions (M&A) Activities
In January 2021, Sopra Steria, a European company specializing in digital transformation, finalized on the 31st of December – via its subsidiary Sopra Banking Software, the acquisition of Fidor Solutions, the software subsidiary, and digital banking specialist of next-generation bank Fidor Bank. The project had been announced on the 17th of November 2020. This acquisition would significantly accelerate the pace of development and marketing of Sopra Banking Software’s digital solutions, in particular by augmenting the user features offered to banks through its Digital Banking Engagement Platform (DBEP) solutions.
In September 2020, Sopra Steria, a European company specializing in digital transformation, has finalised the acquisition of 94.03% of Sodifrance share capital. Founded in 1986, Sodifrance is a French digital services company with 2019 revenue of €106.5 million and an operating margin of 6.4%. It has substantial expertise in the insurance and pensions/social security/health sector (50% of revenue) for key accounts. It also has a strong presence in the banking sector (21% of revenue), and offers very high-quality application modernisation, data migration and cybersecurity services.
In March 2020, Sopra Steria has completed its acquisition of customer experience design consultancy cxpartners in a move to expand its offerings in the UK and put the customer at the heart of digital services. Based in London and Bristol and employing over 50 designers, cxpartners is renowned for delivering award winning customer centric solutions for both the public and private sectors. Since establishing in 2004, it has worked with a range of clients including the government, FTSE 100 companies and organisations operating in multiple industries such as AXA, Google and Public Health England. The acquisition will see cxpartners become an autonomous subsidiary of Sopra Steria. As such, it will see a minimal impact, with no changes to its brand identity, locations, employees or culture planned, reinforcing the natural fit of the two brands.
Sopra Steria Group SA Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Sopra Steria Group SA applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Sopra Steria Group SA and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Sopra Steria Cassiopae, Sopra Banking Platform, Sopra Financing Platform, Sopra HR customers.
Sopra Steria Group SA Overview
Ownership: - EPA: SOP
Number of Employees: 47437
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K207, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Sopra Steria Group SA Key Enterprise and Cloud Applications
Sopra Steria Cassiopae, Sopra Banking Platform, Sopra Financing Platform, Sopra HR
Sopra Steria Group SA Revenues, $M:
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* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Sopra Steria Group SA Revenue Breakdown By Type, $M:
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Sopra Steria Group SA Enterprise Applications Revenues By Functional Markets, $M:
Sopra Steria Group SA Enterprise Applications Revenues By Verticals, $M:
Sopra Steria Group SA Revenues By Region, $M
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Sopra Steria Group SA Direct vs Indirect sales
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Sopra Steria Group SA Customers - Breakdown by Geo, Size, Vertical and Product
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No. of Sopra Steria Group SA Enterprise Applications Customers: x
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No. of Sopra Steria Group SA Cloud Subscribers: x
A wholly-owned subsidiary of the Group, Sopra Banking Software reinforced by the expertise of more than 5,000 employees supports more than 1,500 clients in 80 countries around the world in areas such as client experience, operational excellence, controlling costs, compliance, and reducing risk. Its clients are Banks in Europe and Africa: from direct- and branch-based retail banks and private banks to microfinance companies, Islamic financial institutions, and centralized payment or credit factories.
Sopra HR Software currently has a workforce of 1,800 people and manages the payrolls of 900 clients with over 12 million employees in 54 countries. Among its customers are: AFD, Groupe Agrica, Air France, Algerie Telecom, Auchan, Banque Postale, BBVA, BNP Paribas, CFL, Colas and others.
Sopra Steria Group SA Market Opportunities, M&A and Geo Expansions
In June 2020, John Neilson took over from John Torrie as CEO of Sopra Steria UK and Asia. He also joined the Group Executive Committee. John has been with Sopra Steria since 2001 and has held the role of Deputy Chief Executive of Sopra Steria UK and Head of Public Sector.
In 2019, Alongside with their two strategic acquisitions in the retail banking space have strengthened the Group’s development. Sopra Banking Software’s acquisition of SAB and Sopra Steria’s acquisition of Sopra Financial Technology (a joint venture with the Sparda banking network) have helped Sopra Banking Software reach critical mass in its market (2019 pro forma revenue of €500 million) and are creating new opportunities for the implementation of digital platforms in the banking sector.
Sopra Steria Group SA Risks and Challenges
Heavy emphasis on its professional services operations.
Sopra Steria Group SA Ecosystem, Partners, Resellers and SI
Sopra Steria is headquartered in France and has offices in Algeria, Austria, Belgium, Bulgaria, Cameroon, China, Denmark, Gabon, Germany, Hong Kong, India, Italy, Ivory Coast, Luxembourg, Malaysia, Middle-East, Morocco, Netherlands, Norway, Poland, Singapore, Spain, Sweden, Switzerland, Tunisia, and United Kingdom.
Among its Technology Partners are Axway, Dassault System, AWS, Google Cloud, IBM, Microsoft, Oracle, MicroFocus, Pega Systems, SAP, Salesforce, and others.
Sopra Steria Group SA Cloud Infrastructure Insights
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Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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