q.beyond AG (QBY.DE)
q.beyond AG operates in the Information Technology Services industry of the Technology sector, headquartered in Cologne, DE. The stock last traded at $0.80, down 0.25% on the session, giving a market capitalisation of $19.9M. Its beta of 1.14 implies it has historically moved more than the broad market.
q.beyond AG is a technology firm that delivers solutions in cloud computing, SAP enterprise systems, and the Internet of Things (IoT) to clients both within Germany and globally. The company's operations are distinctly organized into two main divisions: Cloud & IoT, and SAP. The Cloud & IoT segment offers a broad range of services, encompassing virtualized IT environments, specialized business software, fundamental IT infrastructure, software development capabilities, sensor and gateway equipment, secure data handling (transmission and storage), and comprehensive outsourcing and data center colocation services. Meanwhile, the SAP segment provides expert advisory for core operations, application lifecycle management, system deployments, user assistance, and ongoing maintenance, alongside flexible licensing and rental options for SAP products. q.beyond AG primarily caters to the needs of medium-sized businesses. Founded in 1997 and headquartered in Cologne, Germany, the company adopted its current name, q.beyond AG, in September 2020, having previously been known as QSC AG.
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