What the Numbers Say
New Study on Project Management from the Client's Perspective
There are approximately 2,700 project management service providers in Germany. They develop their own service offerings and processes—through continuing education and practical experience—since there are no uniform standards, despite the efforts of the DVP and the AHO. A new study by the Karlsruhe Institute of Technology (KIT) sheds light on this gray area—and provides the first systematic overview of the industry. The study reveals that io is the leader in the PM segment.
Here are a few examples that speak in favor of the general planner:
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Of these companies, some operate one location, while 4% operate at least five locations.
With seven German and four international locations, io belongs to the latter group. Three of the German locations are in the most populous federal states (North Rhine-Westphalia, Bavaria, and Baden-Württemberg), as well as in Berlin and Rhineland-Palatinate. The locations in Berlin, Munich, and Düsseldorf are also in so-called “A-cities,” of which Germany has a total of seven. They are considered the country’s most important centers and offer the greatest potential for investors.
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These companies employ more than nine people. The market average is 21 employees, and the median is six.
io employs over 300 professionals who work in interdisciplinary teams to manage projects from start to finish and, for example, develop custom tools. Among them are 33 project managers, each of whom possesses in-depth, industry-specific knowledge.
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Of these companies, some generate less than 5 million euros in annual revenue, and 55% generate less than 1 million euros.
Within the project management segment, io generates annual revenue of just under 9 million euros, placing it among the 6% of companies with revenue of 5–10 million euros.
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Most of the companies do not have overseas locations.
io is among the 3% of companies with locations abroad. Furthermore, io is among the 1.2% that operate locations in Europe outside of Germany, among the 0.9% with locations in Asia, and among the 0.1% with locations in North America.
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Most companies are largely limited to specific industries.
io can provide its services across all industries. Whether it's the food or apparel industry, plant or mechanical engineering, the automotive sector, or healthcare, io brings experience to virtually every segment.
