Intershop Communications AG
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| Company type | Public company |
|---|---|
| ISIN | DE000A0EPUH1 |
| Industry | E-Commerce, Computer Software, IT Services |
| Founded | 1992 (as "NetConsult") |
| Founder | Stephan Schambach, Karsten Schneider, Wilfried Beeck |
| Headquarters | , |
Number of locations | 15 (Germany: Jena, Hamburg, Ilmenau, Nuremberg, Stuttgart, USA: San Francisco, Australia: Melbourne, China: Hong Kong, Brazil: Rio de Janeiro, Bulgaria: Sofia, France: Paris, Italy: Milano, Netherlands: Amsterdam, Sweden: Göteborg, United Kingdom: London) |
Area served | Worldwide |
Key people | Board of Management: Dr. Jochen Wiechen (CEO),Markus Klahn (COO), Supervisory Board: Christian Oecking (Chairman of the Supervisory Board), Ulrich Prädel (Vice Chairman of the Supervisory Board) Prof. Dr. Louis Velthuis (Member of the Supervisory Board) |
| Products | E-Commerce-Solutions[buzzword]: Intershop Commerce Suite |
| Services | Supplier Management, Fulfillment, Professional Services, Training, Support |
Number of employees | 380[1] |
| Website | http://www.intershop.com/ |
Intershop Communications AG (founded in Germany 1992; Prime Standard: ISH2) is an independent provider of omnichannel commerce solutions.[buzzword] The latter are available as cloud-based commerce-as-a-service solutions[buzzword] or as licensed models. Upon request, Intershop orchestrates the entire omnichannel commerce process chain – from the design of online channels to the implementation of software to fulfillment. More than 300 enterprise customers run Intershop solutions.[buzzword] Customers include large corporations such as HP, BMW, Würth and Deutsche Telekom as well as medium-sized enterprises. Intershop operates in Europe, the USA and the Asia-Pacific region.
Company history
Intershop was founded in 1992 as "NetConsult" by Stephan Schambach, Karsten Schneider, and Wilfried Beeck. The Company in 1995 created the first German WWW-based online store.[2] Also in 1995, they created "Intershop Online, the first standard software for e- commerce applications",[3] marketed in the U.S. one year later [4] (see also Online shopping) and continued to be one of the leading software developers for this early time of the market.[5]
Beyond that it is known as one of the prime German examples of the so-called "New Economy bubble" (company value rose to 11 billion USD in 2000 only to fall to penny stock levels in very short time[3]). At one point, a profit warning by Intershop caused widespread losses for other tech companies; for example, even SAP's stock fell by 8%.[6] The company hardly survived the crash but was able to keep operating and to continue development of its products. In the process, about 30 spin-offs were founded, including Pixaco (later acquired by Hewlett-Packard), ePages and Demandware (later acquired by Salesforce.com).[3]
It now is a major player in its segment again, having gained new customers as well as strong partners.
References
- ^ http://www.intershop.com/investors-financial-reports?file=files/Intershop/media/downloads/en/investors/financial-reports/2015/2015-Annual-Report.pdf
- ^ "Overview from German History Docs". December 17, 2003. Retrieved April 14, 2012.
- ^ a b c Buenstorf, Guido; Fornahl, Dirk (2006). "B2C - bubble to cluster: the dot.com boom, spin-off entrepreneurship, and regional industry evolution" (PDF). Papers on Economics and Evolution. MPI für Ökonomik. Retrieved April 14, 2012.
- ^ "Historical NetConsult Press Release". NetConsult. May 29, 1996. Retrieved April 14, 2012.
- ^ "Early customer's press release". Dec 11, 1996. Retrieved April 14, 2012.
- ^ "Guardian article on consequences of Intershop profit warning". The Guardian. January 3, 2001. Retrieved April 14, 2012.