Margo

Overview

Margo is a specialized IT consulting company that focuses on complex IT projects across various sectors including finance, data management, and digitalization. Founded in 2005 by Olivier Hémar and Xavier Lagarrigue, Margo has established a reputation for tackling the most technically challenging IT issues, thereby driving digital acceleration for its clients. Headquartered in France, with operations in Poland and the UK, Margo prides itself on a client-focused approach and maintaining a dynamic work environment for its consultants. As of the latest reports from 2023, the company has a workforce of over 400 employees and reported revenue of around €43 million.

Recent Developments

  • September 2023: Margo reported a revenue of €43 million, showcasing a steady year-on-year growth and cementing its position in the IT consulting industry.
  • 2023: Margo expanded its geographical presence by enhancing its operations in Poland and the UK, focusing on offering specialized services in market trading systems and analytics.
  • 2022: The company launched "Delivered by Margo," a full-stack development entity offering remote development services, catering to the increasing demand for remote workforces.
  • 2022: Margo showcased significant IT solutions at various international tech conferences, enhancing its reputation and expanding client reach globally.
  • In recent years, Margo has also expanded its service offerings to include machine learning and AI-driven solutions, aligning with current technological trends and client demands.
  • The company further strengthened its leadership with new strategic hires aimed at boosting innovation and client relations across its consulting services.

Company Information

AttributeInformation
Founding Date2005
HeadquartersFrance
FoundersOlivier Hémar, Xavier Lagarrigue
Revenue€43 million (2023)
IndustryIT Consulting
Number of EmployeesOver 400

Early History

Margo was established in 2005 with the objective of addressing the gap in the market for high complexity IT consulting services. Olivier Hémar and Xavier Lagarrigue, both seasoned professionals in the IT industry, sought to create a firm that was not only focused on delivering technical solutions but also capable of fostering an environment where consultants could thrive and innovate. From its early days, Margo prioritized projects that other firms deemed too complex, thereby carving out a niche for itself. This approach quickly attracted a clientele comprising market leaders in various sectors, looking for bespoke and cutting-edge IT solutions. The company grew rapidly, both in size and reputation, by delivering on its promise of efficacy and innovation in IT projects.

Company Profile and Achievements

Margo's business model is centered on providing high-value, complex IT solutions that enable business transformations. The company has achieved numerous milestones over the years:

  • Complex Projects: Specialized in high-complexity IT consulting, Margo has developed customized solutions for finance, insurance, data analytics, and more.
  • Innovation in Services: From its onset, Margo embraced cutting-edge technologies, incorporating AI and machine learning into its offerings to help clients stay ahead.
  • Global Expansion: Beyond France, Margo has expanded to other European countries, including significant presences in Poland and the UK, enhancing its ability to serve multinational clients.
  • Recognition at Industry Conferences: Margo's innovative solutions have earned it recognition in international conferences, showcasing its ability to lead in IT consulting.
  • Consultant-Centric Culture: Maintained a workplace culture that emphasizes continual learning and professional development, allowing consultants to partake in prestigious projects.

Current Operations and Market Position

Margo continues to serve as a leading IT consultant, with a specific focus on advanced IT and data-driven projects. It operates with a philosophy of engaging in projects that add significant value to clients. Margo's expertise ranges from developing complex trading systems to providing consultancy in finance, leveraging big data, and employing AI solutions for business processes. The company holds a competitive position in the market due to its adaptability and innovation-centric approach, enabling it to offer unique solutions tailored to client needs. Its consultant-first philosophy fosters a responsive, agile company environment, ensuring high retention and satisfaction rates among its professional talent pool.

Conclusion

Margo stands out in the IT consulting industry for its specific focus on complex projects and a relentless pursuit of innovation. Its strategic approach has not only assured steady growth but also positioned it as a significant player in European IT consultancy. With its ongoing expansion into new markets and a reinforced commitment to cutting-edge technology applications, Margo is well-poised to meet future challenges and opportunities. Continued investment in talent and technology seems set to drive Margo's success forward, maintaining its reputation as a thought leader in the IT consulting sector.

References

  1. LinkedIn - Margo
  2. Margo Group
  3. Job Teaser - Margo Group