OverviewSuggest Edit

Cancom is a provider of IT services and IT infrastructure. It operates through two segments: Cloud Solutions and IT solutions. The Cloud Solutions segment comprises the business with managed services as well as product and service businesses that can be directly allocated to managed services contracts. It also includes business activities in connection with Cancom's software product - the IT multi-cloud management software "AHP Enterprise Cloud." The IT solutions segment comprises the business relating to strategic and technical consulting and services for projects in the field of IT infrastructure, IT applications, and system integration as well as their planning and implementation. This segment also covers activities in the area of IT procurement and eProcurement services.

HQMünchen, DE

Latest Updates

Employees (est.) (Dec 2019)3,820(+13%)
Revenue (FY, 2019)€1.6 B(+13%)
Share Price (Jan 2021)€43.3 (-3%)
Cybersecurity ratingBMore

Key People/Management at Cancom

Rudolf Hotter

Rudolf Hotter

Thomas Stark

Thomas Stark

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Cancom Office Locations

Cancom has offices in München, Aachen, Aschheim, Augsburg and in 40 other locations
München, DE (HQ)
69 Erika-Mann-Straße
Aachen, DE
Im Süsterfeld 6
Aachen, DE
Verlautenheidener Str. 141
Aschheim, DE
Karl-Hammerschmidt-Straße 38
Augsburg, DE
Am Mittleren Moos 53
Berlin, DE
Eisenhutweg 122
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Cancom Financials and Metrics

Cancom Revenue

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Cancom's revenue was reported to be €1.56 b in FY, 2019 which is a 12.6% increase from the previous period.

Revenue (Q3, 2020)


Gross profit (Q3, 2020)


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Net income (Q3, 2020)


EBIT (Q3, 2020)


Market capitalization (15-Jan-2021)


Closing stock price (15-Jan-2021)


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Cancom's current market capitalization is €1.7 b.
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Revenue growth, %


Cost of goods sold


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Financial Leverage

1.9 x
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Cancom Operating Metrics

Cancom's Customers was reported to be 20 k in Jan, 2021.
FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020Jan, 2021

Annual Recurring Revenue

€92 m€101 m€106 m€125 m€130 m€140 m€146 m€157 m€183 m€189 m€191 m€194 m


20 k
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Cancom Acquisitions / Subsidiaries

Company NameDateDeal Size
NovoscoOctober 14, 2019£70 m
OCSLAugust 09, 2018
Ocean Intelligent CommunicationsMarch 16, 2018
AntaurisJune 01, 2017
HPM NetworksMarch 03, 2014
PironetNovember 03, 2013
CANCOM a + d IT solutions GmbH
CANCOM Computer Systems GmbH
CANCOM Finacial Services GmbH
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Cancom Revenue Breakdown

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Cancom revenue breakdown by business segment: 19.4% from Cloud Solutions, 80.6% from IT Solutions and 0.0% from Other

Cancom revenue breakdown by geographic segment: 78.8% from Germany and 21.2% from Outside Germany

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Cancom Cybersecurity Score

Cybersecurity ratingPremium dataset



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Cancom Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset


out of 100

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Cancom Online and Social Media Presence

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Cancom News and Updates

Aktie von Cancom legt um 1,53 Prozent zu

Am Aktienmarkt liegt der Anteilsschein von Cancom aktuell im Plus. Das Papier legte um 68 Cent zu. Das Wertpapier kostet zur Stunde 45,02 Euro. Die Cancom-Aktie hat sich damit heute bislang besser entwickelt als der Gesamtmarkt, gemessen am TecDAX (TecDAX). Dieser notiert bei 3.291 Punkten. Der TecD…

Veröffentlichung gemäß § 40 Abs. 1 WpHG mit dem Ziel der europaweiten Verbreitung

Veröffentlichung einer Stimmrechtsmitteilung übermittelt durch DGAP - ein Service der EQS Group AG. Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.

Leerverkäufer Marshall Wace bleibt im Rückwärtsgang - Aktiennews

Leerverkäufer Marshall Wace LLP reduziert Netto-Leerverkaufsposition in Aktien der CANCOM SE signifikant: Die Shortseller des Hedgefonds Marshall Wace LLP bleiben im Rückwärtsgang aus ihren Leerverkauf-Aktivitäten in den Aktien des Cloud-Spezialisten CANCOM SE (ISIN: DE0005419105, WKN: 541910, Ti…

CANCOM Named Accelerator Winner by Virgin Media Business

Today, CANCOM Managed Services was announced as a winner in the Virgin Media Business TCV growth category. This reflects the significant growth in global connectivity and networking business CANCOM has driven via Virgin Media Business throughout 2020.

CANCOM übernimmt IT-Systemhaus Anders & Rodewyk

CANCOM übernimmt die Anders & Rodewyk Das Systemhaus für Computertechnologien GmbH. Das Systemhaus aus Hannover erwirtschaftet deutschlandweit mit rund 70 Mitarbeitern einen jährlichen Umsatz von 27 Mio. Euro bei einem EBITDA von 2,4 Mio. Euro. Der umfangreiche Kundenstamm setzt sich vor allem a…

Ex BT and Microsoft exec joins Cancom as Ireland boss

Cancom has announced Peter Russell will be its new MD of Ireland and Northern Ireland in the New Year. The former Ireland rugby international and Microsoft veteran will take the lead on integrating
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Cancom Blogs

CEO leaves CANCOM prematurely as of 31 January 2020

Munich, 8 January 2020 – Mr. Thomas Volk has today reached an agreement with the Supervisory Board to leave the CANCOM Group prematurely as of 31 January 2020 due to differing opinions on the future strategic development of the company. The Supervisory Board thanks Mr. Volk for his work and his serv…

Dutch ICT service provider Detron to become CANCOM Software Group’s new AHP partner

Detron will be a reselling, implementation and operation partner for the IT orchestration platform AHP The successful managed services provider will drive sales of AHP in the Dutch market and provide auxiliary services With Detron another AHP partnership is established, addressing the international …

Awards and market comparisons underscore CANCOM’s position as a top provider in the European cloud services market

IT analysis company Canalys awards CANCOM the highest EMEA Candefero Channel Partner of the Year award Studies on ISG’s German IT market place CANCOM at the top of strategically important cloud-based service offerings Cisco presents „Meraki Partner of the Year” award to CANCOM after market launch of…

CANCOM Software Group acquires first partner for AHP IT management platform

The CANCOM Software Group successfully enters the next phase of its AHP product strategy ExactlyIT becomes partner for sales, deployment, and operation of AHP in the North American market AHP is the orchestration platform for modern digital workspace environments As previously announced for the seco…

CANCOM opens new location in Košice, Slovakia

CANCOM opens its first location in Slovakia, thus strengthening its Professional and Managed Services business Around 40 IT specialists are already employed in Košice New location supports the internationalization and growth strategy of the CANCOM Group CANCOM, the hybrid IT integrator and service p…

CANCOM: Acquisition of Novosco strengthens managed services business and international presence

Managed services provider Novosco Group, based in Belfast, United Kingdom, becomes part of the CANCOM Group. Acquisition strengthens CANCOM’s market presence in the United Kingdom and opens up direct market access in Ireland for the first time. With the integration of Novosco, CANCOM drives strategi…
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Cancom Frequently Asked Questions

  • When was Cancom founded?

    Cancom was founded in 1992.

  • Who are Cancom key executives?

    Cancom's key executives are Rudolf Hotter and Thomas Stark.

  • How many employees does Cancom have?

    Cancom has 3,820 employees.

  • What is Cancom revenue?

    Latest Cancom annual revenue is €1.6 b.

  • What is Cancom revenue per employee?

    Latest Cancom revenue per employee is €409 k.

  • Who are Cancom competitors?

    Competitors of Cancom include DATAGROUP, adesso and UNIT4.

  • Where is Cancom headquarters?

    Cancom headquarters is located at 69 Erika-Mann-Straße, München.

  • Where are Cancom offices?

    Cancom has offices in München, Aachen, Aschheim, Augsburg and in 40 other locations.

  • How many offices does Cancom have?

    Cancom has 52 offices.