ALTEN is top 7 engineering service provider in Germany

10/20/2021

For the first time since 2016, Lünendonk has again announced the 15 leading providers of engineering services in Germany in terms of revenue. The ranking included service providers that generate more than 50 percent of revenue or at least 250 million euros from the following services: engineering services such as R&D consulting, product innovation consulting, design & conception, prototype development, embedded software development and implementation, testing & validation, simulation and modeling, and all other product IT-related IT services.

ALTEN ranks 7th among development service providers in Germany with a turnover of 225 million euros. This means that we have not only improved our previous year’s position by two ranks, but are also close to realizing our vision of becoming one of the top 5 development service providers in Germany.

Further excerpts from the Lünendonk Study 2021:

  • Revenues of engineering service providers down double-digit in Corona year 2020
  • Engineering service providers expect average growth of 10.3 percent in 2021, and as much as 14.2 percent in 2022
  • Digital engineering, OT/IT integration and software development are top topics for project awards

You can find exact figures and further analyses in the detailed Lünendonk study 2021 “The Market for Engineering Services in Germany”, which you can view here:

Click here for the Lünendonk study 2021

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