The abat AG is a non-public corporation. The shares are wholly owned by persons who are working or who have previously worked in the company, none of whom holds a blocking minority. As a follow-up to corporate management, abat began years ago to include additional employees along with the founders' management board in the management of the company. abat has been financing itself since its founding, it has always had a positive EBIT and has transferred at least 50% of its profits to reserves in recent years.
As abat, we rely on long-term customer and supplier relationships: we focus on long-term target fulfillment and customer benefit instead of short-term success. We see ourselves more as a partner of our customers than as a supplier. Realizing projects with abat means for our customers to implement their projects in time and budget. To achieve this, internal and external transparency is required, and it is one of the basic principles of the company.
At abat, innovation is an integral part of sustainable business. Thus, the technical and procedural innovations are constantly monitored, recorded by abat and developed in the form of innovation teams and passed on to the workforce. Currently the main topics are SAP S/4HANA, SAP TM and SAP EWM. In addition, we deal with other innovative topics such as SAP Leonardo, Internet of Things, Big Data, Blockchain, Predictive Maintenance and Predictive Analytics. In addition, abat is creating its own SAP-based MES, which will be the only SAP standard MES for complex variant production..
The market environment is also continuously monitored by us. This enables us to identify interesting business areas for ourselves and integrate them into our company. Since 2016 we have expanded our services and have included the business area of sustainability to support our customers even more comprehensively. In 2017, with the incorporation of ID-Impuls GmbH, we have expanded our company with a subsidiary specializing in the development of innovative and sustainability-relevant IT solutions. Thanks to the cooperation between ID-Impuls and our sustainability consultancy, we have further strengthened the business field of sustainability. Since 2018, we have also expanded our services to ISO 27001 consulting services.