The Sage Group plc - Company Profile
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The Sage Group Plc (Sage Group) is a provider of integrated business management software solutions and services for small, and medium-sized companies. The company manages and offers accounting and finance, ERP solution, payroll, HR, and payments solutions. It also provides business cloud solutions such as Sage Business Cloud for accounting and payroll, Sage 50cloud Accounts, Sage 50cloud Payroll, Sage Intacct, Sage People, Sage X3, and Sage 200 Cloud. Sage Group offers solutions to construction, manufacturing, wholesale distribution, e-commerce, professional services, e-commerce, healthcare, hospitality and non-profit sectors. The company has business operations in the US, Canada, the UK, Ireland, France, Iberia, Central Europe and Asia-Pacific. Sage Group is headquartered in Newcastle upon Tyne, Greater London, the UK.
Headquarters
United Kingdom
Address
C23 - 5 & 6 Cobalt Park Way, Cobalt Park, Newcastle Upon Tyne, England, NE289EJ
Website
www.sage.com
Telephone
44 191 2943000
No of Employees
11,565
Industry
Technology and Communications
Ticker Symbol & Exchange
SGE (LON)
Revenue (2022)
$2.7B
12.2%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-18.8%
(2022 vs 2021)
Market Cap*
$14.6B
Net Profit Margin (2022)
XYZ
-27.6%
(2022 vs 2021)
* As of and is in US$
The Sage Group plc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Sage Accounting | Support |
| Payroll | Training |
| Sage HR | Cloud Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In March, the company launched Sage Copilot. |
| 2024 | Contracts/Agreements | In February, the company entered into an agreement with Sportable to bring its expertise in data and insights to the global sports industry. |
| 2024 | Contracts/Agreements | In February, the company entered into an agreement with Amazon Web Services to create a domain-specific LLM for accounting and compliance using Amazon Bedrock and Amazon Lex. |
Competitor Comparison
| Key Parameters | The Sage Group plc | Oracle Corp | Salesforce Inc | SAP SE | Amdocs Ltd |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | United States of America | United States of America | Germany | United States of America |
| City | Newcastle Upon Tyne | Austin | San Francisco | Walldorf | Saint Louis |
| State/Province | England | Texas | California | Baden-Wurttemberg | Missouri |
| No. of Employees | 11,565 | 164,000 | 79,390 | 107,602 | 30,695 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Andrew Duff | Chairman | Executive Board | 2021 | 64 |
| Steve Hare | Chief Executive Officer; Director | Executive Board | 2018 | 62 |
| Jonathan Howell | Chief Financial Officer; Director | Executive Board | 2018 | 61 |
| Kim Baggett | Chief Operating Officer | Senior Management | 2022 | - |
| Klaus-Michael Vogelberg | Chief Technology Officer | Senior Management | 2019 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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