Softwareone Holding AG
SIX:SWON
Softwareone Holding AG
SoftwareOne Holding AG is a company that has uniquely positioned itself at the intersection of digital transformation and IT services, capitalizing on the growing demand for streamlined cloud solutions and software lifecycle management. Founded in Switzerland, this company has grown into a global player by offering its clients reliable guidance through the often complex landscape of software portfolios. The crux of SoftwareOne's business model lies in its deep ties with renowned software vendors, allowing them to deftly manage software licenses and cloud subscriptions for their clients. By helping businesses optimize their software investments and navigate compliance complexities, SoftwareOne efficiently cuts costs and bolsters IT efficiency for its users, creating a symbiotic relationship that drives client loyalty and engagement.
Revenue generation for SoftwareOne comes from a diverse mixture of services. At its core, the company earns through consultancy fees, where it advises organizations on how to best leverage cloud technologies and software solutions to meet their strategic objectives. Its Software & Cloud offering enables clients to purchase a wide array of software products—often bundled with value-added services like deployment and integration—that are sourced from their strategic partnerships with major software vendors such as Microsoft, AWS, and Adobe. Additionally, SoftwareOne delves into technology-driven insights through its PyraCloud platform, which provides clients with data analytics and forecasting tools to better manage their IT expenditure and software assets. This blend of consultancy services, reseller activities, and proprietary technological solutions solidifies SoftwareOne as an indispensable ally for enterprises aiming to maintain a competitive edge in the digital age.
SoftwareOne Holding AG is a company that has uniquely positioned itself at the intersection of digital transformation and IT services, capitalizing on the growing demand for streamlined cloud solutions and software lifecycle management. Founded in Switzerland, this company has grown into a global player by offering its clients reliable guidance through the often complex landscape of software portfolios. The crux of SoftwareOne's business model lies in its deep ties with renowned software vendors, allowing them to deftly manage software licenses and cloud subscriptions for their clients. By helping businesses optimize their software investments and navigate compliance complexities, SoftwareOne efficiently cuts costs and bolsters IT efficiency for its users, creating a symbiotic relationship that drives client loyalty and engagement.
Revenue generation for SoftwareOne comes from a diverse mixture of services. At its core, the company earns through consultancy fees, where it advises organizations on how to best leverage cloud technologies and software solutions to meet their strategic objectives. Its Software & Cloud offering enables clients to purchase a wide array of software products—often bundled with value-added services like deployment and integration—that are sourced from their strategic partnerships with major software vendors such as Microsoft, AWS, and Adobe. Additionally, SoftwareOne delves into technology-driven insights through its PyraCloud platform, which provides clients with data analytics and forecasting tools to better manage their IT expenditure and software assets. This blend of consultancy services, reseller activities, and proprietary technological solutions solidifies SoftwareOne as an indispensable ally for enterprises aiming to maintain a competitive edge in the digital age.
Combined Leadership: SoftwareOne and Crayon have merged, forming a global leader in software and cloud services across 70+ countries, with integration progressing as planned.
Cost Synergies: CHF 11 million in annualized cost savings have already been delivered, with targets of CHF 30 million by year-end and CHF 80–100 million by end of 2026.
Revenue & Growth: Combined H1 2025 revenue declined 3.1% in constant currency; full-year 2025 revenue is expected to be flat versus 2024, with growth anticipated to resume from Q3 onwards.
Profitability: Adjusted EBITDA margin improved, and the company expects to maintain an adjusted EBITDA margin above 20% in 2025 due to cost controls and synergy realization.
Microsoft Incentive Cuts: Most of the negative impact from reduced Microsoft enterprise agreement incentives occurred in H1, but mitigating actions and accelerated CSP transition are underway.
Regional Trends: APAC showed strong growth, while DACH and NORAM faced headwinds. North America is expected to return to growth in H2 as turnaround initiatives take effect.
Solid Cash Management: Net working capital improved significantly, helped by expanded nonrecourse factoring programs. The company successfully refinanced acquisition-related debt.
Outlook: Management is confident in returning to growth in H2, with further acceleration and margin expansion targeted from 2026 as integration and synergy capture progress.
