Consulting company BearingPoint invests in tracekey solutions

tracekey strengthens strategic cooperation and invigorates their focus area for regulated and branch specific track&trace solutions

Bochum / Frankfurt – December 14th, 2015
 – tracekey and BearingPoint take their cooperation to a higher level. BearingPoint is a multinational management and technology company and has lately become a shareholder of tracekey solutions GmbH. Main-based in Amsterdam, Netherlands, BearingPoint operates in more than 70 countries and is one of the leading consulting companies in Europe when it comes to management and technology consulting. tracekey and BearingPoint have been working together on a project basis since the end of 2014. BearingPoints investment strengthens and intensifies the partnership between the two companies. In addition to that, both of them also expand their consulting and service-portfolio.

Increasing digitization and regulation represent huge challenges for a large number of industries. Especially the pharmaceutical industry faces new challenges due to extensive regulation requirements, created to prevent drug counterfeits. BearingPoint and tracekey support and implement the related serialisation technologies. They enable customers to best meet the challenges of digital transformation. tracekey focuses on the development of software solutions, while BearingPoint has expertise in process development and many years of industry expertise in its Life Sciences & Chemicals unit.

Dr. Stefan Hoffmann is the managing director of tracekey solutions. He explains: “We are very pleased to be working with BearingPoint. Through his partnership we can provide our industry-specific Track&Trace solutions to an even wider market, allowing a variety of companies to benefit from the digitized value. BearingPoint provides an excellent complement to our range of services. This will generate growth and contribute significantly to the digital transformation of our customers.”

Pleased with the new partnership is also BearingPoints Kiumars Hamidian, Partner and Service Line Leader: “As part of our strategy, we are always looking for innovative partners, and investing in tracekey is an important step towards expanding our consulting portfolio. The products of tracekey are an excellent match for our focus areas of digitization and regulation. We can use it to help our clients effectively implement strategic solutions. We are responding to customer needs with this type of venture and developing our knowledge.”

About BearingPoint
BearingPoint consultants understand that the world of business changes constantly and that the resulting complexities demand intelligent and adaptive solutions. Our clients, whether in commercial or financial industries or in government, experience real results when they work with us. We combine industry, operational and technology skills with relevant proprietary and other assets in order to tailor solutions for each client’s individual challenges. This adaptive approach is at the heart of our culture and has led to long-standing relationships with many of the world’s leading companies and organizations. Our global consulting network of 9,700 people serves clients in more than 70 countries and engages with them for measurable results and long-lasting success.
For more information, please visit: www.bearingpoint.com


About tracekey solutions

tracekey solutions, headquartered in Bochum, offers a cloud-based solution that allows our clients to seamlessly trace, unequivocally verify and reliably document their products from manufacture through to their end customers.
To bring transparency in supply chains in complex regulatory environments is the main focus of the company. In this way products can be traced independently of their country- and company-boarders. The aim is an ideal value chain in compliance to country specific regulations, provisions and requirements.

For more information, please visit: www.tracekey.com

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