In the past, the company used to purchase its hardware and software. “However, due to strong growth, we no longer had the resources to deal with outdated IT equipment,” says Miodrag Nussbaumer, Head of IT. “What’s more, investment cycles for cost-intensive IT were getting ever shorter so it was no longer worth buying the equipment.”
The first step was listing the requirements of the company and jointly analyzing what equipment was necessary. For regular updating of its IT equipment, Demmel AG required a flexible leasing partner able to fully implement the demands of an expanding industrial group. We worked closely with our client to develop a framework agreement that provides for regular replacement of the IT. Furthermore, we settled on quarterly leasing certificates for a flexible expansion of the hardware and software licenses. That means Demmel AG always gets the latest technology so it can immediately benefit from innovations and take advantage of easy replacement of old equipment. Meanwhile, due to the smooth, uncomplicated processes between us, our business relationship has progressively deepened.
Demmel AG draws on a tradition of more than 125 years and has its head office in the spa town of Scheidegg in the Westallgäu region of Bavaria. Demmel is a leading manufacturer of industrial signs and keyboards with approx. 400 employees. The company generates annual sales of approx. EUR 50 million and produces automotive emblems and decorative trims, decorative panels, composite plates, keyboards, industrial signs, foil, and barcodes. Its key accounts are companies in the automotive, machine construction, and electronics industries as well as in instrument manufacturing and medical technology. Demmel supplies markets in the EU, USA, and Asia. In 2005, an additional production area covering 4,000 m2 was built, and the entire production output was brought together and expanded in Scheidegg. Due to the strong growth of Demmel AG, the first spade was turned in 2012 for an even larger production and office building with a useful area of 6,000 m2.
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