What SYNAXUS GmbH does

SYNAXUS GmbH is a privately held German IT consulting firm founded in 2008 and headquartered in Mülheim an der Ruhr, North Rhine-Westphalia. The firm specializes in Business Intelligence (BI) and Corporate Performance Management (CPM/EPM) consulting and implementation services, targeting large enterprises, mid-sized companies (Mittelstand), and public sector organizations across the DACH region with some activity in the Netherlands and France. SYNAXUS serves industries including chemical, steel, IT, automation, automotive, logistics, telecommunications, retail, banking, and government.

The company's technology portfolio combines proprietary products with leading third-party platforms. Proprietary offerings include SYNAXUS TraceMiner 4 (a registered-trademark data analysis and mining tool) and nedyx (a low-code platform for data-driven decision-making and migration from legacy systems). Third-party platforms implemented include the Microsoft ecosystem (Power BI, Azure, Microsoft Fabric), Board (planning and financial consolidation), Jedox (planning/budgeting), IDL Konsis (consolidation), Longview Analytics (finance/controlling), antares RiMIS (risk management), and Oracle APEX. The firm emphasizes vendor-independent consulting ('herstellerunabhängige Beratung'), recommending technology based on client requirements rather than partner incentives.

SYNAXUS generates revenue through four professional service streams: BI/CPM consulting (concept development, implementation, optimization), managed services (operational support and ongoing optimization), individual programming/custom development (integrations, cloud architecture, APIs), and Power BI enablement/coaching. Pricing is not publicly disclosed but follows project-based quote models after free initial consultations, with multi-year managed service contracts. The company is led by two managing directors, Dipl. Des. Günther Hein MBA and Dipl. Ing. Oliver Rensing, with no disclosed external investors or parent company. The firm has completed 200+ customer projects and employs 20+ BI/EPM experts.

Name

SYNAXUS GmbH

Legal name

SYNAXUS GmbH

Website

https://synaxus.de

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

SYNAXUS GmbH is a German IT consulting firm specializing in Business Intelligence and Corporate Performance Management solutions. It implements proprietary tools (TraceMiner 4, nedyx) alongside Microsoft, Board, Jedox, and IDL platforms for enterprises, mid-market companies, and public sector organizations across the DACH region.

Ownership category

akta.pro rank

Product category

Business Intelligence and Corporate Performance Management Consulting

NAICS

Management Consulting Services (54161), Computer Systems Design and Related Services (54151), Custom Computer Programming Services (541511)

SIC

Services-Management Consulting Services (8742), Services-Computer Integrated Systems Design (7373), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

ERP, CRM & Enterprise Applications Consulting (BPAHAEAI)

akta.pro secondary industry

Operations & Process Improvement Consulting (BPAHACAB)

Keywords

• Business intelligence consulting
• Corporate performance management
• Data analytics services
• Financial consolidation solutions
• BI implementation services

Headquarters

HQ city

Mülheim An Der Ruhr

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. BI and CPM Consulting Services: Consulting services for Business Intelligence and Corporate Performance Management implementations. Includes requirement analysis, solution design, implementation, and optimization of BI and EPM solutions.
2. Managed Services for BI and CPM: Ongoing operational support, maintenance, and development of BI and CPM systems. Provides stable system operation, monitoring, updates, and support with regular service reviews and dedicated contact persons.
3. Individual Programming/ Custom Development: Custom software development services including web apps, mobile apps, APIs, data integration, cloud architecture, and data migration within BI context.
4. Power BI Enablement and Coaching: Training, workshops, and coaching services for Power BI adoption. Includes methodology, technical, visual, and strategic guidance.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

SYNAXUS is an IT consulting firm that delivers Business Intelligence (BI) and Corporate Performance Management (CPM/EPM) solutions, combining leading third-party software platforms (Microsoft Power BI/Fabric/Azure, Board, Jedox, IDL Konsis, Longview Analytics, antares RiMIS, Oracle APEX, nedyx) with its own proprietary TraceMiner 4 tool. Its core revenue-generating offerings are consulting and implementation services, ongoing managed services for BI/CPM systems, custom individual programming, and Power BI enablement/coaching for client teams.

Product overview

SYNAXUS offers a comprehensive portfolio combining proprietary products with leading third-party platforms for Business Intelligence and Corporate Performance Management. The core proprietary offerings include SYNAXUS TraceMiner 4 and the low-code platform nedyx, which serve as migration paths for modernizing legacy BI systems. The portfolio is built around Microsoft's ecosystem (Power BI, Microsoft Fabric, Microsoft Azure) complemented by specialized CPM platforms including Board (planning/forecasting), Board FCR (financial consolidation), Jedox (budgeting), Longview Analytics (finance/controlling analytics), IDL Konsis (consolidation), and antares RiMIS (risk management). Oracle APEX provides additional low-code development capabilities. Beyond software implementation, SYNAXUS provides consulting, managed services, Power BI enablement/coaching, individual programming, and Power BI update monitoring services.

Differentiator

Problem solved

Functional benefit

Brands

• SYNAXUS TraceMiner 4: Proprietary trace mining technology and platform offered by SYNAXUS GmbH for data analysis and process intelligence.

Products and services

• BI and CPM Consulting Consulting services for Business Intelligence and Corporate Performance Management, including requirements analysis, solution design, vendor-independent technology selection, and implementation/optimization of BI and CPM solutions for enterprise and mid-market clients.
• Managed Services for BI and CPM Ongoing operational support, maintenance, and development of BI and CPM systems, ensuring security, performance, and reliability while freeing internal client resources; includes regular service reviews and a dedicated contact person.
• Power BI Enablement and Coaching Training, workshops, and individual coaching service that enables business departments and IT to independently perform data modeling, analysis, and visualization in Power BI, building sustainable internal know-how.
• Individual Programming Services Custom software development services including data integration, business process automation, reporting dashboards, cloud architecture, web/mobile apps, API development, and analytics platform implementation tailored to client-specific requirements.
• Power BI Update Monitoring Service Recurring analytical service that monitors Microsoft's monthly Power BI updates, categorizes the key innovations, and delivers concise, client-ready summaries to keep customer teams current on platform changes.
• SYNAXUS TraceMiner 4 Proprietary analytics and data processing platform developed and owned by SYNAXUS, used as part of modernization paths for legacy BI landscapes and for data analysis/mining engagements delivered to SYNAXUS clients.

Quantifiable outcome

• Enable data-driven decisions with transparent, current, and reliable information basis
• +2 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability7 records

Feature2 records

Partnerships

Eight partnerships are on record, tiered core and secondary.

• Microsoft (Power BI, Azure, Fabric)coreTechnology or IntegrationSYNAXUS is a certified implementation partner for Microsoft BI ecosystem including Power BI, Azure, and Microsoft Fabric. They use these platforms as core components of their BI and EPM solutions. SYNAXUS provides Power BI enablement, Azure-based cloud solutions, and Fabric implementations.
• Board InternationalcoreTechnology or IntegrationSYNAXUS implements Board Intelligent Planning Platform and Board FCR (Financial Consolidation and Reporting). They offer planning, forecasting, and performance management solutions using Board platform.
• JedoxcoreTechnology or IntegrationSYNAXUS implements Jedox for flexible planning, budgeting, and forecasting. Jedox offers Excel-near interface with enterprise-wide scalability.
• IDL (Konsis)coreTechnology or IntegrationSYNAXUS implements IDL Konsis for consolidation and reporting. Central platform for consolidating all financial data of a company in a unified system.
• nedyxcoreTechnology or IntegrationSYNAXUS implements nedyx platform for data-driven decision-making, combining all relevant company data in a central environment. Also used for low-code application development.
• Longview AnalyticssecondaryTechnology or IntegrationSYNAXUS provides implementation and managed services for Longview Analytics, a BI and analytics solution for on-premises use in finance and controlling environments. Currently helping migrate clients to modern alternatives.
• Oracle APEXsecondaryTechnology or IntegrationSYNAXUS implements Oracle APEX for low-code application development and database solutions, combining cloud infrastructure, database, and analytics tools for data-driven decisions.
• antares Informations-Systeme GmbH (RiMIS)secondaryTechnology or IntegrationSYNAXUS implements antares RiMIS for integrated corporate planning, controlling, and forecasting, unifying all financial and operational data in a central system.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• SALT Solutions GmbH: German IT consultancy focused on SAP, BI and data warehouse solutions for industrial Mittelstand clients. Comparable on BI implementation services and DACH regional focus.
• Cundus AG: German BI, controlling and CPM consultancy offering planning, reporting and analytics implementations. Highly comparable on CPM/EPM consulting, finance/controlling domain focus and Mittelstand customer profile.
• Allgeier SE: German IT consulting and services group with significant enterprise application and data/analytics practices. Comparable on broad enterprise consulting and BI/EPM delivery, though at a much larger scale.
• codecentric AG: German technology consultancy with a well-known data, BI and cloud engineering practice. Comparable on Microsoft-stack BI implementations, custom data engineering and mid-market enterprise engagements.
• msg systems AG: Large Germany-headquartered IT consulting group with deep BI, EPM and industry-specific solutions (insurance, banking, automotive). Closest direct peer in scale, geography and BI/CPM domain focus to SYNAXUS.
• QUNIS GmbH: Specialised German BI and data analytics consultancy focused on Qlik and modern data platforms. Comparable as a German BI-focused boutique with vendor-mixing implementation services.
• KUMAVISION AG: Germany-based ERP and BI consultancy delivering Microsoft- and ERP-aligned business intelligence solutions to mid-market manufacturing and distribution clients. Comparable on BI/ERP advisory and DACH Mittelstand focus.
• H&D International Group: German IT services firm with a strong Business Intelligence and analytics practice serving enterprise and Mittelstand customers. Highly comparable on BI consulting, vendor partnerships and DACH customer base.

Broad incumbents

• Capgemini Invent: Global consulting and digital transformation firm with strong enterprise data and BI practices (incl. insights & data). Competes for the same enterprise BI/EPM engagements at much larger scale and across geographies.
• Deloitte (Germany): Global Big-4 firm with a sizable German Analytics & Information Management practice covering BI, EPM and enterprise applications. Overlaps with SYNAXUS on enterprise BI/CPM advisory at much larger scale and broader portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/synaxus

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SYNAXUS GmbH