Econocom
Econocom Group SE is a Brussels-headquartered, Euronext-listed European digital general contractor that designs, finances, and delivers digital transformation projects — equipment, services, and technology financing — for large enterprises and public-sector organisations across 16 countries.
- Company typePublic
- Founded1974
- HeadquartersPuteaux, France
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What Econocom does
Econocom Group SE is a publicly listed (Euronext Brussels: ECONB) European digital general contractor founded around 1973–1974 and headquartered in Brussels, Belgium. The company designs, finances, and oversees digital transformation projects for large private enterprises and public-sector organisations across 16 countries, operating through 8,680 employees. Its offering is organised around four business lines — Products & Solutions (equipment distribution: end-user computing, mobility, audiovisual, infrastructure), Services (user environments, cloud and hybrid infrastructure, applications and data, cybersecurity), Technology Management & Financing (leasing, sale-and-leaseback, partner financing, green IT), and the Audiovertical line launched under the Gather brand in December 2023.
Underlying technology is delivered through a portfolio of proprietary platforms and brands that extend the core hardware-distribution model: EcoTwice (asset resale to employees), Ecolase (refurbished equipment leasing), EcoCarbon and EcoBuilding (carbon and environmental performance measurement), i.tem (intelligent tech equipment management), Econocom Factory (circular-economy refurbishment), Gather (audiovisual/UC), and Econocom Employee Choice (multi-OS workplace device choice). Econocom Factory refurbished 493,000 devices in 2023, extending average device lifespans by 3–4 years and reaching approximately 200,000 incremental units of annual capacity after the Back IT acquisition.
Econocom generates revenue across hardware sales, recurring financing/leasing, and professional services. The 2023 revenue mix was €1,207M from Products & Solutions, €998M from Technology Management & Financing, and €476M from Services, scaling to €2,923M in FY2025 (+4.3% YoY) with €53.2M of net profit (+43% YoY) and €142M of free cash flow. Go-to-market combines direct enterprise field sales with a 100+ independent sales-agent network across Europe. Pricing is quote-based and tailored per contract, with multi-year contractual structures common in both enterprise and public-sector accounts. Customers span hospitality (Accorinvest), energy (EDF), defense/aerospace (Thales), logistics (ID Logistics), and French departments (Bouches-du-Rhône, Yvelines, Hauts-de-Seine).
Econocom firmographics
Firmographics- Name
- Econocom
- Legal name
- Econocom Group SE
- Website
- https://econocom.com
- Company type
- Public
- Founded year
- 1974
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Econocom Group SE is a Brussels-headquartered, Euronext-listed European digital general contractor that designs, finances, and delivers digital transformation projects — equipment, services, and technology financing — for large enterprises and public-sector organisations across 16 countries.
- Ownership category
- akta.pro rank
Econocom industry classification
Industry- Product category
- IT Services and Digital Transformation Solutions
- NAICS
- Environmental Consulting Services (541620)
- SIC
- Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Certified Compliance & Reporting Services (R2/e-Stewards, Audit, ESG) (BPALAIAL)
- akta.pro secondary industries
- Circular Economy & Waste/Materials Reporting (Zero waste, packaging) (EUAHAJAL), Sustainable & Responsible Supply Chain (ESG, Scope 3) (BPAHAHAM)
Keywords
Where Econocom is headquartered
LocationHeadquarters
- HQ city
- Puteaux
- HQ country
- France
- HQ region
- Europe
Offices4 records
Markets served
Econocom business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Products & Solutions (P&S): Distribution of digital workplace assets including end-user computing, mobility, audiovisual, and infrastructure equipment. Includes customization, logistics, delivery, and installation services. Generated €1,207 million in 2023.
- Technology Management & Financing (TMF): Innovative leasing solutions and financing for IT projects and strategic assets, combining technological mastery and financial engineering. Enables customers to access latest technologies while minimizing cash flow impact. Generated €998 million in 2023.
- Services: Comprehensive IT services including strategic consulting, user outsourcing, application development, cybersecurity, cloud infrastructure, and operational maintenance. Generated €476 million in 2023.
- Asset Management & Financing: Technology management including sale-and-leaseback, green IT financing, and lifecycle management services
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Customized equipment and service packages |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels5 records
Econocom product offering
Product offeringCore offering
Econocom is Europe's first digital general contractor that designs, finances, and delivers end-to-end digital transformation projects for enterprises and public organizations. It distributes IT equipment (end-user computing, mobility, audiovisual, infrastructure), provides managed and professional services (cloud, cybersecurity, application development), and offers tailored financing solutions including leasing, sale-and-leaseback, and lifecycle management for technology assets.
Product overview
Econocom is Europe's first digital general contractor offering a comprehensive, multi-module portfolio organized around three core pillars: Equipment (End-User Computing, Mobility, Audiovisual, Infrastructure, Product Care), Services (User Environments, Cloud/Infrastructure/Hybridisation, Apps/Cloud/Data, Cybersecurity), and Financing (360° Financing, Sale and Leaseback, EcoTwice, Buyback, Green IT & Energy, EcoCarbon, EcoBuilding, EcoLease, i.tem). These core offerings are combined into Comprehensive Solutions including Digitalise Your Workplace, Enhance Business Mobility, Enhance Digital Learning, Microsoft Comprehensive Solution, and Develop Responsible and Circular Digital Technology. Key sub-brands include Econocom Factory (circular economy/refurbishment) and Gather (European audiovisual brand). The company operates in 16 countries with over 8,680 employees and generated €2.9 billion revenue in 2025.
Differentiator
Problem solved
Functional benefit
Brands
- Econocom Factory: Circular economy and refurbishment arm of Econocom Group, specializing in refurbishing digital equipment and extending device lifespans
- Gather
Products and services
- End-User Computing
Quantifiable outcome
- 493,000 digital devices refurbished in 2023, extending device lifespan by 3-4 years on average
- +3 more outcomes
Companies that use Econocom
Customer profileNamed customers7 records
Segments3 records
Ideal customer profiles3 records
Econocom technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature9 records
Econocom partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered minor, flagship and core.
- Image Supply SystemsminorBolt-on acquisition of Image Supply Systems in July 2025 as part of smart office and audio-visual solutions expansion strategy.
- Boluda GroupminorEconocom entered exclusive negotiations to sell Les Abeilles (maritime operations) to Boluda Group, a Spanish towage and shipping group and global leader in towage.
- OnepointflagshipEconocom joined consortium headed by Onepoint to support strategic plan to save Atos. The consortium includes Onepoint, Butler Industries, and Econocom working together on Atos rescue plan.
- ApplecoreEconocom Spain achieved Apple Authorised Enterprise Reseller (AAER) certification, along with Apple Education Specialist, Apple Consultant Network, and Apple Authorised Service Provider certifications following the acquisition of SEMIC. This enables Econocom to offer comprehensive Apple solutions including Mac integration, DaaS, and lifecycle management.
- LenovocoreLenovo expanded its relationship with Econocom Group for accelerated growth in key European markets, enhancing distribution and service capabilities across the region.
- BagnetticoreEconocom acquired 51% stake in Bagnetti, a Rome-based IT solutions company with over 40 years of experience serving corporate and public sector clients, generating revenues exceeding €30 million annually. Supports the 'One Econocom' strategic plan for targeted acquisitions in high-potential European markets.
- TramscoreEconocom acquired majority stake in UK IT solutions provider Trams in 2021, expanding presence in UK market.
- Sofi GroupecoreEconocom Group acquired majority stake in Sofi Groupe, a leading industrial player in France's digital refurbishment market, enabling entry into European refurbishment market.
- Back ITcoreEconocom Factory acquired Back IT, a sheltered workshop (disability-inclusive enterprise) based in Occitanie, France, increasing annual refurbishment capacity to 200,000 IT devices and integrating disability inclusion into industrial operations.
Scale indicators15 records
Recent moves9 records
Expansion highlights7 records
Econocom competitors and assessment
Company assessmentDirect peers
- SCC (Specialist Computer Centres): Privately-held UK-headquartered European IT services and distribution company combining hardware supply, managed services, and enterprise support. Closely comparable mid-sized competitor in enterprise IT services across Europe.
- Computacenter: UK-headquartered European enterprise IT infrastructure provider combining hardware distribution, managed services, and financing across multiple countries. Closest direct comparable to Econocom on the integrated supply-plus-services-plus-financing model and enterprise/government customer base.
- ALSO Group: Swiss-listed pan-European IT distribution and services group serving resellers and enterprise customers. Comparable scale, geographic footprint, and product mix in IT distribution and value-added services.
- Bechtle AG: Germany-based European IT system house and distributor with a comparable mix of hardware distribution, IT services, and managed workplace offerings. Direct competitor in DACH and broader EMEA enterprise accounts.
- Grenke AG: German-listed specialist in IT and small-ticket equipment leasing. Directly comparable to Econocom's Technology Management & Financing segment and competes for the same SME and mid-market leasing opportunities in Europe.
- Cancom: German-headquartered IT services and digital transformation provider focused on hybrid cloud, managed services, and workplace solutions. Direct competitor for enterprise digital transformation projects in DACH and selected European markets.
Broad incumbents
- Atos: Global IT services and digital transformation incumbent headquartered in France — Econocom notably joined the Onepoint-led consortium to rescue Atos in 2024. Competes in enterprise and public-sector digital transformation at a much larger scale, with overlapping services portfolio.
- Capgemini: Global IT services and consulting giant with significant presence across Europe competing for enterprise digital transformation mandates. Far broader portfolio but overlaps in managed workplace, application services, and infrastructure modernization.
Emerging players
- Kinly: European audiovisual, unified communications and collaboration solutions integrator formed via the merger of Awingu and other AV specialists. Directly comparable to Econocom's Gather audiovisual business line.
Regional players
- Tietoevry: Nordic-headquartered IT services and digital transformation provider competing with Econocom for enterprise digital transformation contracts in Northern Europe, particularly Sweden, Finland, and Norway.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Econocom social profiles
Digital presenceEconocom compliance and trust
Trust signalCompliance6 records
Econocom financial estimates
Financial estimateRevenue estimate
Valuation estimate
Econocom leadership team
Management profileNumber of profiles
Profiles5 records
Econocom subsidiaries and ownership
Company hierarchySubsidiaries9 records
Econocom funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Econocom M&A and investment
M&A and investmentM&A27 records
Investments3 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Econocom
What does Econocom do?
Econocom is Europe's first digital general contractor that designs, finances, and delivers end-to-end digital transformation projects for enterprises and public organizations. It distributes IT equipment (end-user computing, mobility, audiovisual, infrastructure), provides managed and professional services (cloud, cybersecurity, application development), and offers tailored financing solutions including leasing, sale-and-leaseback, and lifecycle management for technology assets.
Is Econocom a public or private company?
Econocom is a public company. It is classified as public and is currently operating.
When was Econocom founded?
Econocom was founded in 1974. It employs 5,001 to 10,000 people.
Where is Econocom based?
Econocom is headquartered in Puteaux, France, in the Europe region.
How does Econocom make money?
Four revenue lines are on record. Products & Solutions (P&S) is the primary driver. The others are technology Management & Financing (TMF), services and asset Management & Financing.
Who are Econocom's main competitors?
Direct peers on record are SCC (Specialist Computer Centres), Computacenter, ALSO Group, Bechtle AG, Grenke AG and Cancom. Broad incumbents are Atos and Capgemini. Kinly is listed as an emerging player. Tietoevry is listed as a regional player.
Does Econocom have an API?
No public API is recorded for Econocom.
What industry is Econocom in?
Econocom's product category is IT Services and Digital Transformation Solutions. Its primary akta.pro industry code is BPALAIAL, Certified Compliance & Reporting Services (R2/e-Stewards, Audit, ESG), with a secondary code of EUAHAJAL, Circular Economy & Waste/Materials Reporting (Zero waste, packaging). Its NAICS code is 541620 and its SIC code is 7373.