NorCom
The Munich-based NorCom Information Technology AG was founded in 1989. Founder and Chairman of the Board is Viggo Nordbakk. More board member is Tobias Abthoff. NorCom is listed in the Deutsche Börse AG in general. The company's IPO took place in 1999.
Operations
NorCom includes focus excessively IT consulting and software products. The range of IT consulting services focused on:
One of the largest customers of NorCom in IT Consulting is the Federal Employment Agency with its headquarters in Nuremberg. The cooperation with the Federal Agency was established in 2003 In 2008 there was a large order placement operational support services with a volume of EUR 30 million over 3 years -. These contract was awarded in late 2010 again by the Federal Employment Agency at NorCom, with a maturity until 2014. NorCom the beginning of December 2009 received a further major order worth more than 10 million euros over four years by the Federal employment Agency. The IT service provider, assumes, among other basic services and solution development to support the office communication.
End of 2010, the Service Centre for Information Technology has awarded a project to introduce a workflow tools for IT service management for a total of 23 authorities to NorCom in the portfolio of the Federal Ministry of Transport, Building and Urban Development ( BMVBS). In this case, the project is divided into two stages. The first stage involves the procurement of a suitable software system and its implementation and customizing of six authorities. After successful piloting of this IT system will also be introduced in the remaining authorities of the Ministry of Transport in the second stage. After completion of the two stages is close to software maintenance and support.
In July 2011, NorCom with two renewal options for each additional 2 years ( total potential term of 7 years) has received from the DB Systel framework agreements with a term of three years from August 2011. About this Framework Agreements should NorCom, among other companies which cover a number of years the current needs of DB Systel of support services. The total volume was given by DB Systel with EUR 30 million per year, but there is no obligation to purchase. NorCom estimates a turnover of around EUR 3-5 million per year is realistic.
NorCom has developed NCPower a software product for TV and radio companies. With this system produce in Germany, among others, the RTL group and the news channel N24 ProSiebenSat.1 Media AG. With NCSpace NorCom introduces another software product for media asset management.
Company Locations
The headquarters of NorCom AG is based in Munich. The company each maintains a branch office in Nuremberg and San Jose, USA.
Subsidiaries and investments
Next to the NorCom Information Technology AG The NorCom Group comprises six separate legal offices at home and abroad, in which NorCom has a majority of the voting rights and exercises management control. These include the 100 - owned subsidiaries NorCom Systems Technology GmbH, Maxi Media Technologies GmbH and NorCom Information Technology Inc. in the USA and NorCom Information Technology GmbH in Russia. In addition, NorCom a majority stake in the Norske Systemarkitekter AS in Oslo / Norway and with approximately 49 percent of Value & Risk AG in Frankfurt / Main.
Turnover
The NorCom Group increased its 2010 revenues by 9 percent to 34.6 million euros.