Munich, May 23, 2018. KPS has achieved 7th place in the latest ranking of the e-commerce agencies generating the highest revenues. This saw the consultancy firm, which specializes in transformation projects, climb one place compared to last year. The ranking compiled by the “Bundesverband Digitale Wirtschaft e.V.” (German Digital Economy Association) is the annual barometer of the German internet agency sector.
In terms of German full-service internet agencies overall, KPS is ranked 17th, rising three places within a year (2017: 20th position). KPS also improved its position in the “online platforms” sub-ranking after the consultancy firm climbed from 16th position in 2017 to 13thplace.
All 180 providers listed generated total revenues in fees of € 1.59 billion in 2017. The agencies also achieved revenue growth of 12% in the 2017 financial year. The German Digital Economy Association believes the main reason for the increase is the digital transformation which has opened up new areas of business and provided new orders.
“We have improved both in the overall ranking but also in the two sub-rankings which represents a tremendous achievement for KPS. The growth in the sector overall indicates that companies are continuing to invest heavily in digitalization projects to improve customer communication and expand e-commerce. Featuring amongst the top 10 largest e-commerce agencies in Germany once again reflects the trust customers place in us and underlines the outstanding performance of our consultants,” remarked Leonardo Musso, Executive Board member at KPS AG.