T-Systems
T-Systems International GmbH
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legal form | Company with limited liability |
founding | 2000 |
Seat | Frankfurt am Main |
management |
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Number of employees | 20.091 (GmbH 2015) 45.990 (worldwide segment 2015) |
sales | € 6.3 billion (GmbH 2015) € 8.6 billion (global segment 2015) |
Branch | Information and communicationtechnology |
Website | www.t-systems.com/de/de |
As of December 31, 2015 |
The T-Systems International GmbH (short T-Systems ) is an international service provider for information and communication technology (ICT). The company belongs to Deutsche Telekom AG and is based in Frankfurt am Main .
T-Systems offers solutions for the automotive , telecommunications, finance , trade, services, media, energy and manufacturing industries as well as public administration and healthcare. The company focuses on large customer business with 400 multinational companies as well as customers from the public and healthcare sectors. Clients include Shell , BP , German Bahn AG , Centrica , Daimler AG , Philips , MAN , Microsoft and E.ON .
Current
The T-Systems division, which is regarded as the “Systems Solutions” operating segment in the Deutsche Telekom Group , employed 37,000 people in over 20 countries in 2017, 18,000 of them at T-Systems International GmbH in Germany, and in 2015 generated sales of 8.6 billion euros.
T-Systems wants to cut 10,000 jobs worldwide by 2020, including around 6,000 in Germany. Initially, 2,000 positions will be affected at management and administrative level in Germany. In addition, T-Systems has already sold its mainframe systems business to IBM.
history
2000–2009: Foundation and changes
The history of T-Systems began in October 2000 when Deutsche Telekom AG initially acquired a 50.1% stake in debis Systemhaus , the largest manufacturer-independent German IT service provider at the time . So far, the debis system house belonged 100% to debis AG and thus to DaimlerChrysler AG. The debis system house formed the basis of the newly founded T-Systems.
In 2001 Telekom u. a. their subsidiaries DeTeCSM , T-Nova, Detecon , Berkom , Multimedia Software GmbH Dresden (later renamed T-Systems Multimedia Solutions ), DeTeSystem, TELECASH and Infonet Services at T-Systems. The total of around 40,000 employees in all T-Systems individual companies generated sales of around DM 20 billion (approx. € 10 billion) in 1999. In August 2001, T-Systems relocated its headquarters from Bonn to Frankfurt am Main.
The merger of T-Systems and debis Systemhaus turned out to be difficult. The decentralized, self-sufficient and more project-oriented culture of the debis world collided with the centralized and more volume-oriented management concept of the telecommunications world, which was ultimately implemented by Telekom. As a result, many executives left the group or experienced a loss of importance. As a result, there was also unrest at the top of the new company.
The founder of the debis system house, Karl Heinz Achinger, was surprisingly appointed chairman of the board, after a short time due to differing views on the strategic direction of T-Systems, first by Christian A. Hufnagl and then on January 20, 2003 by Konrad F. Reiss to be relieved. The latter had already gained experience with the former debis system house, which he had temporarily headed the joint venture with Cap-Gemini years earlier .
In January 2002, T-Systems took over the remaining 49.9% of debis Systemhaus.
As part of the strategic realignment of Telekom on the now three pillars of "broadband / fixed network", "mobile communications" and "business customers", T-Systems took over responsibility for large and medium -sized customers as a business customer brand on January 1, 2005, previously from T-Com were looked after. This involved a transfer of around 8,500 employees within the group. Within T-Systems, the approximately 160,000 large and medium-sized customers were assigned to the “Business Services” division, while the “Enterprise Services” division was to be responsible for the approximately 200 international corporate customers.
After the unexpected death of Konrad F. Reiss on April 6, 2005, CEO Kai-Uwe Ricke took over the provisional representation in the business customer area on the board of Deutsche Telekom AG, while Wilfried Peters, also provisional successor of Reiss, temporarily chaired the management of T- Systems took over.
On October 1, 2005, the Telekom Supervisory Board appointed Lothar Pauly to the Deutsche Telekom Board of Management. The long-time Siemens manager and former head of the crisis-ridden Siemens communications division COM took over the business customer division and thus the management of T-Systems as CEO .
At the end of 2005, T-Systems bought gedas AG, the IT subsidiary of Volkswagen AG . The purchase was approved by the antitrust authorities in February 2006 and finally completed in April. In 2005 Gedas had a turnover of € 605.7 million with around 5500 employees. The purchase price was estimated at around € 450 million. The purchase was linked to the signing of a framework agreement with VW. The contract has a term of seven years and a volume of 2.5 billion euros.
As a result of the downsizing of around 32,000 employees announced by Telekom CEO Ricke, around 5500 jobs were also cut at T-Systems from 2006 onwards. In addition, a “skill shift” was prescribed for the employees. H. the focus should shift to "higher value" activities such as consulting and project management, whereas pure programming should increasingly be outsourced offshore to low-wage countries in the future .
After the Telekom supervisory board meeting on February 28, 2007, Telekom announced in a press release on March 1, 2007 that T-Systems would grow with a strategic partner in the growth field of ICT.
On May 31, 2007, Lothar Pauly was released from his management duties by René Obermann . His suspected involvement in the Siemens corruption affair and the poor economic situation of T-Systems are assumed to be the reason . Telekom announced that CFO Karl-Gerhard Eick will temporarily take over Pauly's duties. On June 15, 2007, Wilfried Peters was appointed acting chairman of the management of T-Systems. On December 1, 2007, he was replaced by Reinhard Clemens . Clemens was previously CEO of EDS Germany .
In March 2008, T-Systems signed a cooperation agreement with the US competitor Cognizant . The declared aim of this partnership is the extensive relocation of work capacities from Central Europe to India. This primarily affects the area of system integration, as the T-Systems management believes that this business area is particularly characterized by labor-intensive and wage-intensive programming activities. As part of the reorganization, T-Systems ended its partnership with Cognizant at the beginning of 2013 and has maintained a supplier relationship ever since.
On April 1, 2009, the former subsidiary T-Systems Business Services GmbH (BS) was merged with the parent company Deutsche Telekom AG. The product business with 160,000 small and medium-sized customers previously served by Business Services and T-Systems Enterprise Services GmbH has since been carried out by Deutsche Telekom's business customer division. This will almost completely undo the integration of business customers into the subsidiary, which was only completed by T-Systems from 2005 to mid-2006. The 400 largest customers from international IT and major projects remain with T-Systems. At the end of September 2009, T-Systems Enterprise Services GmbH was renamed T-Systems International GmbH in order to emphasize the increasingly global orientation of T-Systems.
Since 2010: present
T-Systems developed the Secure Mobile Communication (SiMKo) encryption technology for secure mobile communication via mobile phone . In 2013 SiMKo3 was presented at CeBIT. On the standard Android smartphones from Samsung ( Samsung Galaxy S II and Samsung Galaxy S III ), the original software has been removed and replaced with a new one. On September 9, 2013 it was announced that SiMKo3 had received BSI approval.
In March 2014 it was announced that T-Systems plans to cut 4,900 jobs by the end of 2015. 2,700 jobs are to be cut in 2014.
In the course of the NSA affair , the Federal Ministry of the Interior announced on June 26, 2014 that it would like to switch from its previous provider Verizon Communications to Telekom to look after its network infrastructure .
As part of the Snowden revelations , it became known that T-Systems is taking over the support of the sTESTA network from Orange Business Services and Hewlett-Packard . The Schengen member states exchange data from SIS II , VIS and EURODAC via the network .
In spring 2017, the legal unit Telekom IT was spun off as Deutsche Telekom IT GmbH and, as a subsidiary of Deutsche Telekom AG, was incorporated directly into the Group's Technology & Innovation division. Internal IT services have been relocated there or will in part continue to be operated by T-Systems on behalf of Deutsche Telekom IT.
In 2018 T-Systems had around 37,000 employees, including 18,000 in Germany. The group announced a total of 10,000 jobs - 6,000 of them in Germany - to be deleted.
organization structure
T-Systems International GmbH (District Court Frankfurt am Main HRB 55933) bundles the business of T-Systems. Chief Executive Officer (CEO) of T-Systems is Adel Al-Saleh , Chairman of the Supervisory Board is Dr. Christian P. Illek.
T-Systems International GmbH is responsible for the entire IT and telecommunications revenue for the "top 400 customers". The largest customers are currently the parent company Deutsche Telekom (with subsidiaries), Deutsche Post AG and DHL (with subsidiaries), Daimler , Volkswagen , Shell , Philips and Airbus . The company was initially called T-Systems ITS GmbH, then T-Systems International GmbH, later T-Systems Enterprise Services GmbH and was renamed T-Systems International GmbH again at the end of September 2009 and merged with COM Computer Handels- und Werbegesellschaft mbH.
- Telecommunications Division (Patrick Molck-Ude, Managing Director)
- Information Technology Division (François Fleutiaux, Managing Director)
- Digital Division (Anette Bronder, Managing Director)
- Telekom IT (Markus Müller, Managing Director) (no longer part of T-Systems International GmbH since January 1, 2017, see note under discussion)
- Finance & Controlling (Christoph Ahrendt)
- Human Resources (Georg Pepping)
Subsidiaries and subsidiaries (in Germany)
T-Systems GEI
The T-Systems GEI GmbH was a subsidiary of T-Systems International GmbH, based in Aachen . The company emerged from the debis Systemhaus Society for Electronic Information Processing mbH. In 2008 the company generated sales of € 351 million with 2405 employees. The T-Systems GEI GmbH was merged 1 June 2019 to the T-Systems International GmbH.
Deutsche Telekom Healthcare and Security Solutions
The former T-Systems Solutions for Public Sector & Healthcare GmbH (SFPH) became today's Deutsche Telekom Healthcare and Security Solutions (DTHS), headquartered in Bonn, after the group decision to merge all activities in the health business area, in May 2014 , which in addition to E -Health in the area of security especially developed at POLIKS and Tetra BOS for the communication of authorities and organizations with security tasks (BOS). The subsidiary Deutsche Telekom Clinical Solutions GmbH (DTCS) was formed from the former companies brightONE GmbH and Tieto GmbH , with around 130 employees at the time of the takeover, which mainly deals with the development and introduction of the “iMedOne” information system in hospitals.
T-Systems on site services
The T-Systems on site services GmbH is one of Germany at the site to be provided IT services, specialized subsidiary of T-Systems International GmbH, with offices in Berlin, Hamburg, Nuremberg, Wolfsburg and Leinfelden-Echterdingen. The company mainly works for the automotive industry, authorities and the parent company, Deutsche Telekom AG. The company is based in Berlin. Until 2006 it belonged to the former Volkswagen subsidiary gedas as gedas on site services GmbH . After they were bought and merged with T-Systems , the name gedas was no longer used and was also replaced by T-Systems in the subsidiary's name. The company's managing directors are Patric Fehlandt and Georg Rätker.
T-Systems Multimedia Solutions
The T-Systems Multimedia Solutions GmbH (MMS) is a wholly owned subsidiary of T-Systems International GmbH and supports large corporations and SMEs in the digital transformation . The digital service provider employs around 1,600 people across seven locations. The head office is in Dresden ; further locations are in Berlin, Bonn, Hamburg, Stuttgart, Munich, Rostock and Jena. In 2015 the company generated sales of 154 million euros.
T-Systems Solutions for Research
The T-Systems Solutions for Research GmbH (SfR) was on 19 April 1999 as a joint venture of T-Systems International with the German Center for Aerospace. V. (DLR) founded in Oberpfaffenhofen . The company specializes in IT services for research institutions and operates at ten locations in Germany. T-Systems took over the 25% of the company's shares originally held by the German Aerospace Center at the beginning of 2009. In July 2017, the company's headquarters moved from Weßling to Berlin.
ITENOS
The ITENOS International Telecom Network Operation Services GmbH (ITENOS) is established in 1993 providers of information and telecommunication technology with headquarters in Bonn. In 2018 it employed around 220 people. According to the company, their focus is on customized solutions for housing , networks and cloud in their own data centers and network infrastructures. ITENOS is a wholly owned subsidiary of T-Systems International GmbH , but it is run as an independent company. In March 2013 Bernd Mitternacht took over the management as the successor to F.-Rainer Bierwirth, who left the company for personal reasons. At the same time, Siegfried Pleiner changed from a leading position at T-Systems as commercial director at his side.
Detecon
The Detecon International GmbH (Detecon) (formerly German Tele Post Consulting ) is a consulting company for integrated management and technology consulting. The company is a wholly-owned subsidiary of T-Systems International GmbH, headquartered in Cologne, and generated sales of around € 207 million in 2015 with 1,148 consultants.
ORBIT
ORBIT is majority owned by Detecon International GmbH, a company of the Deutsche Telekom Group and T-Systems International GmbH.
rola Security Solutions
The rola Security Solutions GmbH in Oberhausen develops IT solutions in the field of internal and external security and the intelligence reconnaissance security and police agencies and businesses.
Deutsche Telekom Security GmbH
On July 1, 2020, the security division of T-Systems International GmbH was spun off into its own GmbH, Deutsche Telekom Security GmbH. The field of activity of the newly created company remains unchanged with IT , personnel , access , and much more. for internal and external customers.
Daughters and investments (international)
There are numerous subsidiaries around the world under the T-Systems name or the abbreviation TSI, including the largest are T-Systems Belgium NV , T-Systems Nordic TC A / S in Denmark and Sweden , TSI Finland , T-Systems France SAS , T- Systems Information and Communication Technology EPE in Greece , T-Systems Spring Italia srl , T-Systems Luxembourg SA , T-Systems Nederland BV , T-Systems Austria GesmbH , T-Systems Polska Sp.z oo , T-Systems ICT Romania SRL , T-Systems CIS in Russia , T-Systems Schweiz AG , T-Systems Slovakia sro , T-Systems ITC Iberia, SA in Spain and T-Systems Telekomünikasyon Limited Sirketi in Turkey. In addition, among other things:
Satellic
The Satellic NV based in Machelen , Belgium is a system integrator for the construction and operation of toll and traffic management systems. Satellic is 76 percent owned by T-Systems International and 24 percent by the Austrian construction group Strabag . The core of the joint venture was Satellic Traffic Management GmbH, which was founded by T-Systems in Berlin in 2006 . Satellic has been collecting truck tolls in Belgium since April 1, 2016 .
IT Services Hungary Szolgáltató
The IT Services Hungary Szolgáltató Kft. (ITSH) headquartered in Budapest deals mainly with services in systems integration and IT outsourcing. According to company information from Deutsche Telekom, it is Hungary's leading employer in the ICT industry.
T-Systems Alpine
Software Daten Service Gesellschaft mbH in Austria, based in Vienna, specializes in the development and marketing of a holistic product and service portfolio for the international financial industry in the areas of securities processing, tax and regulatory reporting and compliance.
With around 1,200 employees and a turnover of more than 300 million euros (2018), T-Systems International is the region with the highest turnover outside of Germany and is based in Vienna.
Former subsidiaries and brands
T-Systems CDS, CSS, Nova and PCM
On January 1, 2004 (entry in the commercial register on October 27, 2004), T-Systems CDS GmbH , based in Darmstadt, T-Systems CSS GmbH , based in Aachen, T-Systems Nova GmbH , based in Bonn, and T-Systems PCM GmbH based in Feldkirchen merged with T-Systems International GmbH.
T-Systems Business Services
The T-Systems Business Services GmbH (BS), based in Bonn made by 2008 in addition to the T-Systems Enterprise Services GmbH one of the two main areas of T-Systems. The Business Services (BS) business unit was responsible for IT and TC sales for around 160,000 small and medium-sized business customers of T-Systems. As part of the new focus of T-Systems, BS customers with a need for telecommunication-oriented standard products, which represent the majority, were transferred to the new business customer division within Telekom. Individual areas of the BS in the key account business were transferred to the ES.
The Business Unit (BU) BS consisted of two Service Units (SU):
- Sales, Service Management & Operations (BS Sales & Service Management, TC Operations, Business & Management Services, Finance & Controlling)
- Marketing & Product Management
T-Systems Media & Broadcast
The T-Systems Media & Broadcast GmbH (M & B) with about 1,200 employees in January 2008 to the French Télédiffusion de France sold -Group for about 850 million euros. It now operates as Media Broadcast GmbH and is, as before, a service provider for media connections and networks as well as the license holder of many terrestrial broadcasts (analog: VHF, KW, MW, LW; digital: IP TV, satellite transmission; content distribution) in Germany.
T-Systems Traffic
The T-Systems Traffic GmbH , in April 2004 the service TMC (now NAVTEQ Traffic a). TMC is a paid TMC - congestion warning service , which over the RDS -Unterträger of FM is spread -Sendern. In January 2009 , however, T-Systems Traffic GmbH and thus also the TMCpro service was taken over by NAVTEQ , the leading map provider in Europe, and renamed Navteq Services GmbH . Since then, the service has been steadily expanded and many other features, such as B. Added position determination via the 4000 barrel-like sensors along the motorways or with GPS-enabled devices such as smartphones.
that
The VW subsidiary gedas was sold to T-Systems on April 1, 2006. The brand name gedas was only used until November 15, 2006, when it was replaced by T-Systems . The company has been part of T-Systems Enterprise Services since January 1, 2007, and T-Systems International since 2009.
T-Systems RSS
With effect from January 1, 2013, T-Systems Regional Services & Solutions GmbH (T-Systems RSS) was transferred from T-Systems International GmbH to Telekom Deutschland GmbH and has since been called Deutsche Telekom Regional Services & Solutions GmbH (DT RSS). On April 1, 2013, the corporate law transfer of the shares in T-Systems International to Telekom Deutschland GmbH was completed. On July 1, 2017, DT RSS was renamed and restructured under the name "Deutsche Telekom Individual Solutions & Products GmbH" (DT ISP).
T-Systems IDS
On April 8, 2014, T-Systems announced that it would sell its subsidiary T-Systems Individual Desktop Solutions GmbH (T-Systems IDS) , which specializes in on-site desktop services, to Aurelius AG . Both sides agreed not to disclose the purchase price. The company was later called Getronics IDS GmbH and belonged to the Getronics group of Aurelius AG . After another 2 years, the owner changed again and the name was changed to InfinIT Services GmbH, which filed for bankruptcy in 2020.
T-Systems DDM GmbH
Like debis, T-Systems DDM GmbH was taken over by Telekom and was a 100% subsidiary of T-Systems International GmbH until December 31, 2015. DDM stands for print and data management. In addition to several redundant printing centers, data archiving was the main focus of DDM. On January 1, 2016, this subsidiary was sold to regiocom GmbH and is now called rcDDM. In September 2018 rcDDM was taken over by the Paragon Group.
Web links
Individual evidence
- ↑ a b c d e Answers for the digital future. (PDF) Annual Report 2015. Deutsche Telekom AG, February 24, 2016, accessed on March 22, 2015 .
- ↑ Microsoft introduces the new "German Cloud". Spiegel Online GmbH, accessed on August 29, 2019 : "[...] save in cloud data centers operated by the Telekom subsidiary T-Systems as trustee for Microsoft [...]"
- ↑ Eon makes multi-billion dollar outsourcing perfect , Computerwoche December 15, 2010
- ↑ Martin Bayer: 10,000 employees should go: Serious bloodletting at T-Systems - computerwoche.de. June 22, 2018, accessed June 24, 2018 .
- ↑ T-Systems is selling mainframe operation to IBM . handelsblatt.com. January 14, 2019. Retrieved January 14, 2019.
- ^ Gedas Annual Report 2005 , Gedas, 2006
- ↑ T-Systems buys VW subsidiary Gedas , golem.de, December 21, 2005
- ↑ T-Systems formulates goal: Global ICT market leader , press release, March 1, 2007
- ^ Siemens affair - Telekom board member leaves , focus.de, May 31, 2007
- ↑ Lothar Pauly is stepping down from the Board of Management of Deutsche Telekom AG ( Memento of the original from September 27, 2007 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , Telekom press release, May 31, 2007
- ↑ Spiegel Online, September 29, 2007: EDS boss Clemens is to head T-Systems , accessed on November 12, 2007.
- ↑ T-Systems - Thousands of jobs are being relocated to India ( memento of the original from March 25, 2010 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. - Economy - sueddeutsche.de
- ↑ Ronald Eikenberg: Samsung Galaxy S3 approved as Merkelphone. In: heise online. September 9, 2013, accessed July 22, 2014 .
- ↑ Helmut Bünder: T-Systems wants to cut 4,900 positions. In: FAZ.net. March 19, 2014, accessed on March 19, 2014 : “Already this year, almost 2,700 employees are to leave the group in Germany alone. T-Systems plans to cut another 2,200 jobs by the end of 2015. In total, around 4,900 full-time positions would be lost within two years, most of them in external customer business. [...] The downsizing is part of Clemens' plan to increase returns. T-Systems should move away from the stagnating outsourcing business for major customers and dedicate itself to high-growth business areas related to digitization. "
- ↑ Federal government changes network operator. In: BMI homepage. BMI, June 26, 2014, accessed July 22, 2014 .
- ^ Christiane Schulzki-Haddouti, Andreas Wilkens: EU agency for police systems is expanding. In: heise online. July 3, 2014, accessed July 22, 2014 .
- ↑ https://www.heise.de/newsticker/meldung/T-Systems-streicht-weltweit-10-000-Stellen-6000-in-Deutschland-4089534.html
- ↑ Management. T-Systems International GmbH, April 30, 2018, accessed April 30, 2018 .
- ↑ Supervisory Board. T-Systems International GmbH, April 30, 2018, accessed April 30, 2018 .
- ↑ Deutsche Telekom: Annual Report 2008 ( Memento of the original from April 19, 2009 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Riem Sarsam: DLR withdraws from joint venture with T-Systems. In: CIO . February 26, 2009. Retrieved September 14, 2017 .
- ↑ File number: HRB 125501. In: Commercial register announcements. Munich District Court, July 20, 2017, accessed on September 14, 2017 .
- ↑ [1] on the company website itenos.de , accessed on July 15, 2016
- ↑ Another managing director at Itenos . In: IT-Zoom , March 26, 2016, accessed July 15, 2016
- ↑ Facts & Figures ( Memento of the original from September 17, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. (PDF; 793 kB) on the company's website, accessed on September 16, 2016
- ↑ Belgium has a new truck toll - company news. (No longer available online.) In: FAZ. Archived from the original on April 3, 2016 ; Retrieved April 1, 2016 .
- ↑ Detlef Borchers: German truck toll system wins in Belgium. In: Heise Online . July 28, 2014, accessed September 17, 2016 .
- ↑ Via Satellic ( Memento of the original from April 27, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. on the company website, accessed September 17, 2016
- ↑ Deutsche Telekom in Hungary on the Deutsche Telekom corporate website , accessed on September 17, 2016
- ↑ http://www.download-telekom.de/dt/StaticPage/47/78/tsystems.pdf_47784.pdf ( page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.
- ↑ https://servicenet.t-systems.de/tsi/servlet/servicenetBlob/servicenet.com/un/264578/blobBinary/HRB_TS_ES_GmbH_Aktuell.pdf ( page no longer available , search in web archives ) Info: The link was automatically defective marked. Please check the link according to the instructions and then remove this notice.
- ↑ a b Lecture Series Media Production in Transition WS 2007/08, Dirk Hetzer, December 2007: Content, Film and TV anywhere
- ↑ DGAP-News: AURELIUS buys Individual Desktop Services from T-Systems. OnVista, accessed April 8, 2014 .
- ↑ Archived copy ( memento of the original dated December 8, 2015 in the Internet Archive ) Info: The archive link has been inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Aurelius sells Getronics-IDS to the strategic investor SEP. October 4, 2016, accessed February 20, 2020 .
- ↑ NorthData: Company announcements and key figures - infinIT Services GmbH. Retrieved February 20, 2020 .
- ^ Information from the VerDi union on infinIT Services GmbH. Retrieved February 20, 2020 .
- ↑ Paragon Group takes over “rcDDM”. In: News. DEUTSCHER DRUCKER VERLAGSGESELLSCHAFT, September 10, 2018, accessed on October 18, 2018 .