KPS is one of the most innovative companies of 2023

Innovation activity only slightly slowed: Germany’s companies are optimistic about the future

Unterföhring/Munich, 17.03.2023: Which companies are innovative and driving new product developments and services, who is playing the game on a global level? Are negative influences currently putting the brakes on the economy and the inventiveness of companies in Germany? The business magazine Capital, together with one of the leading data and analysis institutes, Statista, again this year addressed many questions concerning entrepreneurial innovation performance. In their comprehensive analysis, Capital and Statista determined the “Germany’s Most Innovative Companies 2023”, and once again rated the service portfolio of KPS as particularly forward-looking this year.

20 sectors and industries selected for evaluation of their inventiveness

For the fourth time, Capital and Statista are honouring Germany’s most innovative companies. Companies were selected from 20 diverse sectors and also industrial areas, including the automotive industry, the chemical sector and the energy and environmental sector, to have their inventiveness assessed. A good 3,700 innovation professionals and experts were surveyed to evaluate companies in their sectors. The expert panel evaluated a total of 1,849 candidates in detail in order to filter out those 466 companies that are considered particularly innovative.

KPS received an award in the Professional Services & Outsourcing sector: For its part, the management consultancy supports the innovative power of companies through strategy, process and technology consulting. In implementation, KPS relies on the future-oriented principle of Composable Architecture with best-of-breed solutions. Through its innovative implementation strategies for the digital transformation, KPS takes a holistic view and consolidates the basis for retail companies to remain competitive and inventive.

According to Capital, innovative services are particularly significant in the past year, as general conditions have deteriorated somewhat, according to a survey: The impression that the difficult economic situation apparently also had an impact on innovation activity in Germany was confirmed in an expert survey conducted to accompany the ranking. 41 percent of the executives surveyed said that the framework conditions for innovation had deteriorated in 2022. The same number of study participants noted no change, only 18 percent registered an improvement.

Increased energy prices (14 percent), the uncertain economy (19 percent) and deficits in research and funding policies (27 percent) were cited as the main obstacles to innovation activities. The impact of the corona pandemic (12 percent) was not a decisive factor. In fact, an optimistic attitude towards future developments can be observed: 38 percent are convinced that the innovation activity of the German economy will increase in the next three years.

Above all, we want to offer our customers the flexibility for future-proof growth and all the possibilities of modern digital customer interaction, because these are currently the most important success factors for companies in all industries.

Leonardo Musso / CEO / KPS AG

Our clients know their industry, their competitors and their challenges very well. What we contribute is the strategy and development, testing, optimisation and successful implementation of an innovative solution.

Leonardo Musso / CEO / KPS AG

Identifying the most innovative products, services and processes

Representatives of innovation award-winning companies as well as members of the Statista Expert Circle who have been active in their industry for several years were invited for the survey. The companies were first classified as particularly innovative in their industry through recommendations.

These areas of the recommended companies were examined for future-oriented performance: Products and services, processes, and cultural and social innovations. Finally, the participants were asked to indicate to what extent nine given reasons for recommendation applied to the respective companies, such as “regularly supplies innovative products” or “has installed business processes that promote innovation”.

This year, KPS again received an exceptional 4-star rating for particularly innovative solutions in the area of products, consulting and services in the Professional Services & Outsourcing sector and is one of the most innovative companies in Germany out of 466 companies from 20 sectors.

Find out more about the award-winning companies and the evaluation process here (German):

Capital and Statista award ``Most Innovative Companies 2022``

Capital selects ``Germany's most innovative companies``

Capital

Capital is a business magazine founded in 1962 and published monthly by Gruner + Jahr. “Presenting the economic human and the human economic” was the slogan of the magazine, a slogan that was derived from the founder Adolf Theobald. André Kostolany’s monthly stock market column enjoyed cult status for decades.

Statista

Statista is a German online portal for statistics that makes data from market and opinion research institutions as well as from business and official statistics available in German, English, Spanish and French. It is one of the most successful statistics databases in the world. According to the company, the platform contains over 1,000,000 statistics on more than 80,000 topics from more than 22,500 sources.

Innovative strength for processes and products once again appreciated by Capital