Ready to grow – early days and international expansion
Following three years of growth as a technology consultancy, GFT launched its first product – GRIT – in 1990, which offered a pioneering object-oriented development environment for graphical user interfaces. This success established GFT’s reputation for innovation and the business grew on the strength of our practical mix of technology and business skills. This unique combination of business and technology expertise remains a core element of our value proposition.
Throughout the 1990s our business grew internationally, and GFT opened an office in Switzerland providing groundbreaking e-government solutions.
Public offering, further growth
In 1999, as the world feared the looming millennium bug and a technological meltdown, GFT became listed on the German stock exchange. The IPO fuelled a new era of sustained growth as the GFT brand became universally known throughout financial services and beyond. As founder Ulrich Dietz comments, “The IPO took GFT to a completely new level. It’s not possible to quantify such success in numbers.”
In 2001 new offices were opened in the UK and Spain. And after winning a major financial services contract in Brazil in 2003, a development centre was opened near São Paulo. As GFT gained more international recognition, headquarters were moved to Stuttgart in 2008.
As a well-funded public company, GFT entered new markets through acquisition: it bought the Italian consulting firm Sempla, then UK consultancy, Rule Financial, with 660 employees in four countries. In 2015, the acquisition of Adesis in Spain was completed, which added 273 more IT experts in Spain and Mexico. Further expansion in Latin America was driven by the acquisition of IP specialist Habber Tec Brazil.
Proud heritage, confident future
After thirty years at the helm, in May 2017 Ulrich Dietz stepped aside and Marika Lulay was appointed CEO. Today, GFT continues to drive growth through digital transformation. We do this through a combination of consulting services, IT solutions, applications management and outsourcing.
World-class services supported locally
GFT's most important assets are its people and customers. With 5,500 experts in 13 countries, we offer the right skills and technologies in the best locations to deliver world-class services, supported locally. Many of the world’s top companies trust us to deliver innovation that drives business growth.
Big enough to deliver, small enough to care
GFT offers a unique blend of sector expertise, proven methods, coupled with delivery excellence to deliver solutions that improve our customer’s business performance. Growth is central to all that we do.
We have sufficient scale to resource the most ambitious projects in the right location, offering a choice of on-site, mixed shore, near-shore. Our expert people, hands-on approach and determination enable us to deliver projects quickly and cost-effectively.