HENDRICKS, ROST & CIE.

What HENDRICKS, ROST & CIE. does

HENDRICKS, ROST & CIE. GmbH (HRCIE) is a Düsseldorf-based Business Intelligence and process consulting firm founded in 2009, operating as an independent German GmbH with a workforce in the 11-50 range. The firm specializes in Corporate Performance Management, integrated enterprise planning, forecasting, and financial reporting, with deep expertise implementing IBM Planning Analytics (TM1), Jedox, and SAP-integrated planning landscapes. Its named service offerings include integrated corporate planning, Solvency II reporting, line-of-business steering and cost allocation, sales-control BI, and Forecast as a Service.

HRCIE's technology stack combines multidimensional calculation engines (TM1, Jedox) with an SAP backbone via automated write-back, supporting use cases such as driver-based planning, scenario simulation, complex multi-level cost distribution, and ML-based demand and supply-chain forecasting. The Forecast as a Service product wraps time-series ML models with auto-selected best performers, hyperparameter tuning, and external factor inputs (market and weather data), while plan outputs remain manually adjustable so client knowledge is preserved. The firm has accumulated experience from more than 300 projects, and positions itself as a recognized IBM Planning Analytics specialist with IBM Silver Partner status for 2026 and a core technology partnership with Jedox.

Commercially, HRCIE operates a sales-led, consultative enterprise model. Revenue is primarily project-based professional services (BI implementation, process optimization, concept-to-implementation mandates), augmented by the recurring Forecast as a Service stream. Customer acquisition combines direct C-level engagement, industry events (including the firm's own annual Accounting Summit in Düsseldorf), and thought-leadership content (the AI or DIE podcast, webcasts, whitepapers, a planning self-assessment test). The client base is concentrated in the DACH region and spans insurance (HUK-COBURG, VOV), real estate (d.i.i., DEMIRE, KAIFU-NORDLAND), automotive/manufacturing (Fehrer), logistics (trans-o-flex), and consumer goods (PRIMAVERA). The firm is independently owned by managing directors Frank Hendricks and Jürgen Rost, with no disclosed external funding, parent entity, or M&A activity.

Name

HENDRICKS, ROST & CIE.

Legal name

HENDRICKS, ROST & CIE. GmbH

Website

https://hrcie.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

HENDRICKS, ROST & CIE. is a Düsseldorf-based independent BI and process consulting firm (founded 2009) that implements IBM Planning Analytics (TM1), Jedox, and SAP-integrated planning solutions for enterprise clients across insurance, real estate, automotive, logistics, and consumer goods in the DACH region.

Ownership category

akta.pro rank

Headquarters

HQ city

Düsseldorf

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. BI Consulting and Implementation Services: Project-based consulting engagements for Business Intelligence implementation, integrated planning systems, and process optimization. Engagements include business concept development, technical implementation, and ongoing support for BI platforms.
2. Forecast as a Service: Recurring forecasting service where HRCIE takes over forecast creation and delivers planning proposals to clients. Combines KI-based predictions with manual adjustability, providing ongoing planning support.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

HENDRICKS, ROST & CIE. (HRCIE) is a German Business Intelligence and process consulting firm that designs and implements integrated planning, forecasting, and reporting solutions for enterprise clients. Core offerings include consulting and implementation services on IBM Planning Analytics (TM1) and Jedox, SAP integration for write-back to the main ledger, AI-powered Forecast as a Service / demand planning, and sector-specific BI solutions for insurance and real estate.

Product overview

HRCIE is a consulting firm specializing in Business Intelligence and modern process consulting, not a software vendor with a packaged product suite. Its offerings are professional services engagements structured around named methodologies and platforms. The core portfolio spans three areas: (1) Forecast as a Service and Demand Planning with AI — ML-powered demand and sales forecasting services delivered as managed services; (2) Integrated Planning solutions — consulting engagements using platforms (Jedox, IBM Planning Analytics/TM1) to build unified planning environments covering planning, forecasting, and actuals; and (3) Sector-specific BI solutions — specialized implementations for insurance (Solvency II, cost allocation, service level steering) and real estate (asset management, portfolio steering). The primary technology platforms employed are IBM Planning Analytics (TM1) as a multidimensional calculation engine, often integrated with SAP, and Jedox as a planning and BI platform.

Differentiator

Problem solved

Functional benefit

Brands

• HRCIE: Business Intelligence and modern process consulting services including demand planning with AI, ESG reporting, and integrated corporate planning.

Products and services

• Forecast as a Service Outsourced, end-to-end demand and sales forecasting service delivered as a managed offering. HRCIE combines internal time-series data (sales volumes, order history) with external factors such as market and weather data, runs competing machine-learning models, and auto-selects the strongest performer for each forecast cycle, with continuous hyperparameter tuning and subsampling. Customers receive finished planning proposals that remain manually adjustable so that experienced planners can preserve their domain knowledge.
• Demand Planning mit KI (Demand Planning with AI) AI-based demand planning consulting and implementation service that combines business intelligence expertise with machine-learning models to improve forecast accuracy, stabilize supply chains, and shorten planning cycles. Uses the CRISP-DM standard for data preparation, modeling, and validation.
• Integrierte Unternehmensplanung (Integrated Business Planning) Integrated planning consulting engagement on the Jedox platform, consolidating planning, forecasting, and actuals in a unified system. Delivered with a modular architecture, clearly defined interfaces, and intuitive operation suited to decentralized organizations.
• Spartensteuerung & Kostenverteilung (Line-of-Business Steering & Cost Allocation) TM1-powered consulting and implementation service for insurance companies that performs complex, multi-level cost allocations with full audit trails, version transparency, what-if scenario simulation, and automated write-back to the SAP main ledger.
• Solvency II Reporting Regulatory reporting consulting and implementation service for insurance companies that consolidates Solvency II-relevant data from multiple sources, centralizes key metrics, and supports accountability and workflow structures directly within the planning platform.
• BI-Lösung für Vertriebssteuerung (Sales Control BI Solution) Business Intelligence consulting engagement for sales control on the TM1 platform, providing detailed sales analyses, on-demand reporting, and integrated sales, purchasing, and production planning to support consumer-goods and distribution businesses.

Quantifiable outcome

• Planning cycles halved at KAIFU-NORDLAND eG
• +3 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability4 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• IBMcoreTechnology or IntegrationIBM Gold/Silver Partner specializing in IBM Planning Analytics (TM1) implementation. HRCIE has accompanied the development of IBM Planning Analytics since their beginnings and actively shapes demanding planning landscapes. The partnership enables HRCIE to provide consultation, implementation, and licensing support for IBM Planning Analytics from a single source.
• JedoxcoreTechnology or IntegrationTechnology partnership for the Jedox planning platform. HRCIE and Jedox combine best-in-class technology with experienced consulting implementation. Joint projects include implementations at KAIFU-NORDLAND eG for integrated corporate planning and d.i.i. for asset management.
• AI or DIE PodcastminorGTM or Marketing PartnerCooperation with the AI or DIE Podcast where HRCIE answers important questions about AI and Business Intelligence. 12 podcast episodes covering what has changed in recent decades and what remains surprisingly constant in data and decision-making.
• SAPcoreTechnology or IntegrationSAP integration partnership where TM1 serves as the calculation engine behind SAP. SAP operates as the backbone structuring processes and data, while IBM Planning Analytics complements where classic ERP logic ends but organizations need more: simulation, flexible modeling, complex cost redistribution across entities, and integrated financial and operational planning.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Deloitte: Big-4 professional services firm with a large EPM/BI practice serving the same insurance, real estate, and manufacturing buyers in DACH; competes for the same integrated planning mandates as HRCIE at the upper end of deal size.
• IBM Consulting: Global consulting arm of IBM that competes directly for IBM Planning Analytics (TM1) and SAP implementation work — HRCIE's IBM Silver Partnership places them on the same opportunity-set but IBM Consulting operates at vastly larger scale.
• Allgeier SE: Larger German IT services and digital transformation group with a strong BI/analytics practice that overlaps HRCIE's corporate planning and data integration work, but at materially greater scale and with broader portfolio.
• KPMG: Big-4 advisory firm with established SAP-enabled finance transformation and BI consulting practices — directly competing on the same finance-transformation mandates as HRCIE in mid-tier and large enterprises.

Emerging players

• Anaplan: Cloud-native enterprise planning platform that increasingly competes with IBM TM1/Jedox for the same integrated corporate planning budget; represents the leading category disruptor that could reshape the niche HRCIE serves.

Others

• Jedox GmbH: Technology vendor and core HRCIE partner for the Jedox EPM platform; competes indirectly with HRCIE by enabling customer self-implementation and via its own solution-partner network — relevant as both a partner and a partial substitute.
• Staufen AG: German management consultancy specializing in operational excellence and Lean transformation — adjacent to HRCIE through Mittelstand enterprise relationships in DACH, although the BI/EPM implementation layer is not its core.

Direct peers

• Senacor Technologies: Mid-sized German IT consulting firm focused on data, BI, and digital platform engineering — comparable in scale and delivery model to HRCIE, with overlapping Fortune-500 / DAX client bases and similar implementation-and-advisory offerings.
• msg systems AG: German IT consultancy with a large enterprise business consulting practice covering SAP, finance transformation, and integrated planning — directly comparable to HRCIE's BI/EPM implementation focus on IBM TM1 and SAP at mid-tier and large enterprises in DACH.
• Horváth & Partners: German-origin management consultancy focused on performance management, controlling, and corporate planning — directly comparable to HRCIE's positioning around planning, steering, and Finance transformation work, often executing jointly with EPM technology vendors.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@hrcie
• LinkedInlinkedin.com/company/hrcie

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 HENDRICKS, ROST & CIE.