Nagarro SE
Nagarro SE is a Munich-listed digital engineering and AI transformation firm employing ~18,543 professionals across 40+ countries, serving 600+ enterprise clients in automotive, BFSI, retail, manufacturing, telecom, and life sciences through Fluidic Intelligence, ATLAS, and SAP/cloud practices.
- Company typePublic
- Founded2020
- HeadquartersMunich, Germany
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What Nagarro SE does
Nagarro SE is a Munich-headquartered, Frankfurt Stock Exchange-listed (ticker NA9) digital engineering and AI transformation company that was spun off from Allgeier SE in December 2020 and reorganized in October 2021. It employs approximately 18,543 professionals across 40+ countries (Q1 2026), serving 600+ enterprise clients in verticals including automotive, retail/CPG, banking and financial services, manufacturing, life sciences, healthcare, telecommunications, and travel/logistics. FY 2025 audited revenue reached €999.3M, with 180 million-dollar clients and 32.2% gross margin.
The company's product portfolio is anchored by its Fluidic Intelligence framework — an AI transformation methodology that combines advisory-led strategy, AI-enhanced experience design, and agentic workflow integration. Named proprietary platforms include ATLAS (a multi-agent AI system for cloud lifecycle management), Ginger AI (a personal AI assistant used internally and embedded in the Oceanly maritime intelligence platform), the IoT Integration-Cognition-Automation framework, and the ART modernization methodology. Services are organized around four pillars: Digital Engineering, Intelligent Enterprise (SAP/Oracle ERP), Experience and Design, and AI/Data & Analytics, with verticalized offerings in Cloud, FinOps, Cloud Security Posture, and Enterprise AI Enablement (including EU AI Act and ISO 42001 compliance).
Nagarro monetizes primarily through professional services — time-and-materials, milestone-based, and outcome-linked engagements (notably for Cloud Native Engineering) — supplemented by multi-year managed services and support contracts. FY 2025 adjusted EBITDA margin was 13.8% (down from 15.2% in 2024), impacted by a €15.5M unrealized FX loss and a €12.4M one-time labor code expense, while net profit declined 19.7% YoY to €39.5M. The go-to-market combines direct enterprise field sales with channel and co-sell motions through tier-one hyperscaler and ISV partnerships (AWS Advanced Consulting, Azure Solutions Partner, Google Cloud Premier, SAP, Oracle Modernized, Databricks Gold, OpenAI Services, Cursor, BrowserStack, Addverb). In June 2026, Indian IT services firm Persistent Systems announced a voluntary public takeover offer at €81 per share (~140% premium, ~€1B+ deal value), with closing expected in Q4 2026/Q1 2027 subject to BaFin approval, at which point Nagarro would delist from Frankfurt.
Nagarro SE firmographics
Firmographics- Name
- Nagarro SE
- Legal name
- Nagarro SE
- Website
- https://nagarro.com
- Company type
- Public
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Nagarro SE is a Munich-listed digital engineering and AI transformation firm employing ~18,543 professionals across 40+ countries, serving 600+ enterprise clients in automotive, BFSI, retail, manufacturing, telecom, and life sciences through Fluidic Intelligence, ATLAS, and SAP/cloud practices.
- Ownership category
- akta.pro rank
Nagarro SE industry classification
Industry- Product category
- Digital Engineering Services
- NAICS
- Computer Systems Design and Related Services (54151), Custom Computer Programming Services (541511), Other Computer Related Services (541519)
- SIC
- Services-Computer Integrated Systems Design (7373), Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Programming Services (7371)
- akta.pro primary industry
- Digital Experience Monitoring & Management (DEX/DEM, AIOps for EUC) (BPAEAIAF)
Keywords
Where Nagarro SE is headquartered
LocationHeadquarters
- HQ city
- Munich
- HQ country
- Germany
- HQ region
- Europe
Offices12 records
Markets served
Nagarro SE business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Professional Services (Digital Engineering, Cloud, AI): Time-and-materials and milestone-based consulting engagements for digital engineering, cloud transformation, AI implementation, and managed services. Revenue driven by professional service delivery with multi-year client relationships and land-and-expand dynamics across enterprise accounts.
- Managed Services and Support: Ongoing managed services including cloud infrastructure management, application maintenance, and support contracts generating recurring revenue from existing client base.
- Outcome-Linked Milestone Engagements: Cloud Native Engineering service structured around outcome-linked milestones rather than time-and-materials, capturing higher-value digital transformation budgets with multi-year consulting revenue.
- FY 2025 Revenue: Audited FY 2025 revenue of €999.3 million, representing 2.8% YoY growth (6.1% constant currency), demonstrating scale of professional services delivery.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Outcome Based/ Performance | Multi-year contract | Outcome-linked milestone pricing for Cloud Native Engineering engagements |
Go-to-market motion4 records
Distribution channels4 records
Marketing channels7 records
Nagarro SE product offering
Product offeringCore offering
Nagarro SE is a global digital engineering and AI transformation company that delivers consulting, software engineering, cloud migration, ERP/SAP modernization, IoT, data analytics, quality engineering, and managed services to enterprise clients. Its offerings are anchored by the proprietary Fluidic Intelligence framework and the ATLAS multi-agent AI platform, supporting organizations across automotive, banking, manufacturing, retail, telecom, healthcare, and other industries. The company generates revenue primarily through professional services, managed services, and outcome-linked milestone engagements rather than standalone software licensing.
Product overview
Nagarro SE is a global digital engineering company offering a comprehensive portfolio of services organized around four core pillars: Digital Engineering (software development, data engineering, cloud migration), Intelligent Enterprise (SAP, Oracle, ERP optimization), Experience and Design (UX/UI, digital experiences), and Fluidic Intelligence (AI transformation framework). The portfolio includes specialized service offerings such as Cloud Services powered by ATLAS AI platform, Artificial Intelligence/Data & Analytics, Internet of Things (IoT), Transformation & Modernization, and Accelerated Quality & Test-Engineering. The company operates across 18 industry verticals including automotive, banking, insurance, life sciences, retail, telecom, and travel/logistics. Key platform capabilities include ATLAS (AI-Powered Transformation & Automation System) and Ginger AI assistant. Nagarro has established strategic partnerships with technology leaders including OpenAI Services, Cursor, BrowserStack, and Databricks to deliver AI-native solutions.
Differentiator
Problem solved
Functional benefit
Products and services
- Fluidic Intelligence AI transformation framework for building connected, adaptive enterprises by unifying people, data, and intelligent workflows to modernize platforms, connect systems, and embed AI across operations.
- Digital Engineering Value-driven, technology-savvy digital product engineering services for software development, data engineering, and cloud migration, serving enterprise clients across multiple industries.
- Intelligent Enterprise ERP and critical business application services including SAP S/4HANA transformations, Oracle modernization, and consulting/implementation for enterprise optimization.
- Experience and Design Design-led transformation services combining advisory-led product strategy, AI-enhanced experience design, and agentic workflow integration in software development.
- ATLAS (AI-Powered Transformation and Automation System) AI-powered cloud transformation and automation platform using a multi-agent ecosystem to map cloud and application landscapes, uncover dependencies, and surface risks before they drive up costs.
- Artificial Intelligence, Data and Analytics Data engineering, AI, and analytics services including GenAI and LLM platform engineering, agentic AI and autonomous systems, and cloud data platforms on Databricks and Snowflake.
- Cloud Services End-to-end cloud solutions from strategy and migration to cloud-native implementations, infrastructure management, security, and cost optimization including FinOps and cloud security posture management.
- SAP Services SAP implementation, migration to S/4HANA, and managed services for enterprises seeking to optimize their SAP environments.
- Internet of Things Services IoT services built on the Integration-Cognition-Automation framework covering connected infrastructure, tracking and tracing, immersive operations, workflow management, and quality assurance of things.
- Transformation and Modernization Enterprise transformation using Assess-Renovate-Transform methodology for Java modernization, SharePoint modernization, and legacy modernization with cost, performance, and risk consulting.
- Accelerated Quality and Test-Engineering Quality engineering and test automation services including AI-powered testing solutions co-developed with BrowserStack, providing access to 30,000+ real devices and browsers.
- Cloud FinOps Financial control over cloud operations through FinOps practices, cost governance, waste reduction, and optimization across multi-cloud environments.
- Maritime Intelligence Platform AI-powered maritime intelligence platform co-developed with Oceanly that processes real-time data from performance, fuel, and emissions sensors across voyage planning, maintenance, procurement, and regulatory compliance functions.
Quantifiable outcome
- Cloud cost reduction of nearly 30% for Siemens through optimized cloud infrastructure with intelligent monitoring and governance
- +8 more outcomes
Companies that use Nagarro SE
Customer profileNamed customers19 records
Segments11 records
Ideal customer profiles3 records
Nagarro SE technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability12 records
Feature8 records
Nagarro SE partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- BrowserStackcoreStrategic partnership to co-develop AI-powered test automation solutions for enterprises. The collaboration integrates BrowserStack's testing platform (access to 30,000+ real devices and browsers) into Nagarro's consulting and delivery workflows. Both companies invest in joint GTM initiatives including account-based collaboration and solution development across strategic industries.
- Addverb TechnologiescoreStrategic MoU to jointly deliver advanced robotic automation solutions and digital twins for customers worldwide. Partnership combines Nagarro's software engineering and digital integration capabilities with Addverb's robotics hardware and automation technologies, focusing on joint solution development, IP co-creation, and robotics experience centers across warehousing, manufacturing, and supply chain operations.
- CursorcoreStrategic partnership with Cursor, a multi-model AI coding platform, to embed AI into everyday software development workflows and help teams achieve production outcomes faster. Nagarro teams are already using Cursor across several client engagements and plan to develop case studies demonstrating impact at scale, supporting Nagarro's commitment to delivering up to 20% productivity improvement for clients.
- DatabrickscoreNagarro achieved Databricks Gold Partner status, reflecting its capability to deliver large-scale data, analytics, and AI solutions on the Databricks platform. The achievement showcases Nagarro's expertise in building operational AI platforms and extending client offerings into AI-driven decision-making, emphasizing transforming data into real-world AI applications.
- Otech (Omantel)minorSystems integration partnership with Otech (Omantel's unified technology subsidiary) to drive digital transformation in Oman aligned with Oman Vision 2040. Nagarro is one of multiple strategic partners including Oracle, PwC, Palo Alto Networks, and Fortinet supporting the launch of Otech's technology platform.
- OpenAI ServicescoreNagarro became an OpenAI Services Partner to support enterprises across Asia Pacific in adopting OpenAI technologies such as the OpenAI API and ChatGPT Enterprise. As a Services Partner, Nagarro provides advisory, engineering, and enablement capabilities to help organizations explore, implement, and scale generative AI solutions responsibly across retail, financial services, healthcare, manufacturing, logistics, and telecom sectors.
- OceanlycoreStrategic partnership to transform maritime shipping with AI and data innovation. Collaboration combines Oceanly's maritime operational intelligence with Nagarro's AI and digital engineering capabilities to offer shipping companies fuel optimization, emissions monitoring, and cost-saving tools. The partnership launched a maritime intelligence platform leveraging Nagarro's Ginger AI for real-time data processing across voyage reporting, fuel tracking, and performance metrics.
- AWS (Amazon Web Services)coreAWS Advanced Consulting Partner working in commercial and public sectors. Nagarro achieved AWS Migration and Modernization Competency recognizing technical proficiency and proven customer success in modernizing workloads on AWS at enterprise scale. Partner co-marketing for cloud transformation projects.
- Google CloudcoreGoogle Cloud Premier Partner bringing value through leading-edge products in SAP/non-SAP legacy modernization, API management, data analytics, and AI/ML. Co-marketing for digital transformation engagements.
- Microsoft AzurecoreMicrosoft Solutions Partner for Digital & App Innovation, Data & AI, and Infrastructure. Special expertise in modernization of web applications. Co-marketing and delivery for cloud transformation projects.
- SAPcoreStrong SAP practice offering comprehensive SAP services including S/4HANA transformations, consulting, implementation, and managed services across enterprise clients globally.
Scale indicators19 records
Recent moves6 records
Expansion highlights6 records
Nagarro SE competitors and assessment
Company assessmentDirect peers
- EPAM Systems: Digital engineering and product development services firm with strong presence in software development, cloud, data, and AI. Comparable to Nagarro on digital engineering focus, Central European delivery footprint, outcome-linked pricing, and similar enterprise/mid-market customer profile across financial services, healthcare, and retail.
- Persistent Systems: India-headquartered digital engineering and IT services firm currently acquiring Nagarro at €81/share (announced June 2026). Operating in overlapping digital engineering, cloud, and AI services with strong BFSI and Hi-Tech verticals — a near-perfect functional match for Nagarro, and the post-merger entity will be the most direct combined comparator.
- Globant: Global digital engineering and IT services company focused on AI, cloud, and customer experience for enterprise and mid-market clients. Closely comparable to Nagarro in scale (~€1B+ revenue), service mix (digital engineering, AI, cloud), target buyer (enterprise), and brand positioning as a 'born-digital' challenger to traditional Indian-heritage IT services firms.
Broad incumbents
- Accenture: Largest global IT services and consulting firm, with aggressive investment in generative AI and cloud transformation that directly competes with Nagarro's Fluidic Intelligence positioning. Overlaps on enterprise digital engineering, SAP/Oracle, cloud migration, and industry-specific AI work for the same Fortune-class accounts Nagarro targets.
- Wipro: Global IT services company delivering digital, cloud, AI, and engineering services to enterprise clients. Overlaps with Nagarro in cloud transformation, SAP/Oracle, and AI engineering practices, particularly for European and US enterprise customers; differs in scale and breadth of offerings.
- Infosys: Global IT services and consulting leader with deep capabilities in cloud, AI, digital engineering, and enterprise application management. Comparable to Nagarro as a same-industry competitor with broader geographic and service-line coverage, including Topaz (GenAI) and Cobalt (cloud) platforms that compete with Fluidic Intelligence and ATLAS.
- Capgemini: European-headquartered IT services and consulting leader with deep German and broader European footprint that directly overlaps with Nagarro's home market. Comparable on digital engineering, cloud, AI, SAP, and intelligent industry offerings for automotive, manufacturing, and BFSI clients across EMEA.
- Tata Consultancy Services (TCS): India-headquartered IT services giant offering digital, cloud, AI, and enterprise application services across all major verticals. A large-scale incumbent whose digital engineering and cloud practices compete head-to-head with Nagarro for Fortune-class transformation deals, particularly in BFSI, manufacturing, and retail in Europe and North America.
- HCLTech: Global IT services and engineering firm with strong presence in digital, cloud, AI, and engineering R&D. Directly comparable to Nagarro on engineering services and digital transformation; notably, Nagarro's incoming CFO (Prateek Aggarwal, effective May 2026) previously served as CFO of HCLTech, underscoring close leadership and operational overlap.
- Cognizant: Large global IT services and digital transformation firm competing for the same enterprise modernization, cloud, and AI engagements as Nagarro. Differs at the broad-incumbent level via wider industry coverage and scale, but directly overlaps on digital engineering, cloud migration, and SAP/Oracle application services for industries like BFSI, healthcare, and manufacturing.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Nagarro SE social profiles
Digital presenceNagarro SE compliance and trust
Trust signalCompliance4 records
Nagarro SE financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nagarro SE leadership team
Management profileNumber of profiles
Profiles16 records
Nagarro SE subsidiaries and ownership
Company hierarchySubsidiaries5 records
Nagarro SE funding detail
Funding detailFunding overview
Funding rounds1 record
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nagarro SE M&A and investment
M&A and investmentM&A10 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nagarro SE
What does Nagarro SE do?
Nagarro SE is a global digital engineering and AI transformation company that delivers consulting, software engineering, cloud migration, ERP/SAP modernization, IoT, data analytics, quality engineering, and managed services to enterprise clients. Its offerings are anchored by the proprietary Fluidic Intelligence framework and the ATLAS multi-agent AI platform, supporting organizations across automotive, banking, manufacturing, retail, telecom, healthcare, and other industries. The company generates revenue primarily through professional services, managed services, and outcome-linked milestone engagements rather than standalone software licensing.
Is Nagarro SE a public or private company?
Nagarro SE is a public company. It is classified as public and is currently operating.
When was Nagarro SE founded?
Nagarro SE was founded in 2020. It employs 5,001 to 10,000 people.
Where is Nagarro SE based?
Nagarro SE is headquartered in Munich, Germany, in the Europe region.
How does Nagarro SE make money?
Four revenue lines are on record. Professional Services (Digital Engineering, Cloud, AI) is the primary driver. The others are managed Services and Support, outcome-Linked Milestone Engagements and FY 2025 Revenue.
Who are Nagarro SE's main competitors?
Direct peers on record are EPAM Systems, Persistent Systems and Globant. Broad incumbents are Accenture, Wipro, Infosys, Capgemini, Tata Consultancy Services (TCS), HCLTech and Cognizant.
Does Nagarro SE have an API?
No public API is recorded for Nagarro SE.
What industry is Nagarro SE in?
Nagarro SE's product category is Digital Engineering Services. Its primary akta.pro industry code is BPAEAIAF, Digital Experience Monitoring & Management (DEX/DEM, AIOps for EUC). Its NAICS code is 54151 and its SIC code is 7373.