BearingPoint Posts Record Revenue for the Fourth Year in a Row and Sets Sights on Future Growth

AMSTERDAM--(BUSINESS WIRE)--Feb 27, 2025--

Management and technology consultancy BearingPoint reported full-year record revenue for the fourth year in a row, recording €1.069 billion in revenue for 2024 while delivering more than 2,000 projects in 31 countries around the globe. Bookings also came in at a record high of nearly €1.3 billion, showing strong momentum in business development. To support its growth, BearingPoint welcomed over 1,200 new colleagues, including 25 new Partners, expanding its global team to nearly 6,200 people at the end of the year. Growing demand for its products and services and a strong project pipeline indicate further growth in 2025.

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“2024 was again a successful year for BearingPoint. Not only did we solidify our €1 billion revenue milestone, but we also outperformed the market and continued to build upon our strong foundation for sustained growth,” said Matthias Loebich, Managing Partner of BearingPoint. “We welcomed new talent, grew our client base, and pushed forward in key areas like data analytics and AI, sustainability, and cybersecurity.”

Key 2024 achievements

Expanding client relationships

BearingPoint added more than 300 new clients and successfully delivered over 2,000 projects across 31 countries in 2024, highlighting BearingPoint’s ability to address the unique challenges of clients with tailored solutions. By expanding its footprint across industries, the firm is reinforcing its reputation as a trusted partner for businesses navigating transformation and growth.

Welcoming new talent and investing in people

In 2024, BearingPoint welcomed more than 1,200 new colleagues, strengthening its expertise across industries and regions. The expansion reflects the firm’s commitment to fostering a diverse and highly skilled team capable of delivering transformative results for clients. The firm also promoted more than 1,400 of its people and appointed 25 new Partners, reflecting its investment in career development and leadership growth. Female representation in senior leadership roles was at 21% at the end of 2024, and the percentage of female hires increased to 44% globally. By recruiting talent aligned with its mission and values, BearingPoint has strengthened its ability to drive innovation and execute large-scale projects across industries.

In 2024, more than 1,800 BearingPoint professionals participated in firm-wide training programs, reaffirming its commitment to continuous learning and professional growth. Through initiatives such as the Be.Oxford Academy, the Female Leadership Program, and the Yale Leadership Program, the firm fosters leadership development across all levels.

Advancing expertise and innovation

The integration of US-based Enterprise Consulting into BearingPoint’s portfolio enhanced the capabilities of its Arcwide joint venture, allowing it to deliver even greater consulting expertise and technology-driven solutions.

At the same time, BearingPoint made significant strides in generative AI, empowering organizations to harness AI’s full potential for business transformation. The firm launched new AI-driven initiatives that support clients in areas such as automating workflows, optimizing decision-making, and enabling AI-assisted customer interactions. As part of its commitment to responsible AI adoption, BearingPoint also established ethical AI frameworks, ensuring that innovation aligns with business integrity, compliance, and sustainability goals.

In its Products business, BearingPoint’s DemandSens solution gained strong attention through its collaboration with Media Control, leveraging AI and machine learning algorithms to deliver precise sales forecasts, significantly reducing remittances and shortages. In 2024, BearingPoint also introduced Persona Engine, a cutting-edge platform that leverages AI to transform customer data into actionable insights, helping businesses better understand and engage with their customers. Additionally, the firm’s Assets & Funding Management solution became available on the SAP® Store as part of SAP’s industry cloud portfolio, reinforcing BearingPoint’s ability to develop solutions that drive efficiency and seamless integration within enterprise ecosystems.

Major milestone in corporate sustainability

Living up to its purpose, “Together we are more than business,” BearingPoint achieved B Corp certification in 2024, marking a major milestone in its sustainability journey. This recognition places the firm among a worldwide network of businesses leading a global movement for an inclusive, equitable, and regenerative economy and underscores its dedication to high standards of social and environmental performance, transparency, and accountability.

Looking ahead: Strategy 2030 and future growth

Looking into 2025, BearingPoint plans to outperform the market again with continued strong revenue growth. The firm will continue to make strategic investments in key areas such as data analytics, AI, and cybersecurity, as well as in Arcwide and Products, while expanding its footprint in vital geographies, including the US.

“As we turn toward tomorrow, we are well-positioned to start a new era. Our journey continues to be guided by resilience, innovation, and a deep commitment to our values,” said Matthias Loebich. “In the first half of 2025, we will introduce our Strategy 2030, which will be built around genuine client orientation, outperforming the market, strengthening our global presence, leveraging our strengths, differentiating ourselves with innovative products, and, most importantly, empowering people. With our strong team, innovative mindset, and client trust, we are well-prepared to embrace new opportunities and drive long-term success.”

About BearingPoint

BearingPoint is an independent management and technology consultancy with European roots and a global reach. The company operates in three business units: Consulting, Products, and Capital. Consulting covers the advisory business with a clear focus on selected business areas. Products provides IP-driven digital assets and managed services for business-critical processes. Capital delivers M&A and transaction services.

BearingPoint’s clients include many of the world’s leading companies and organizations. The firm has a global consulting network with more than 10,000 people and supports clients in over 70 countries, engaging with them to achieve measurable and sustainable success.

BearingPoint is a certified B Corporation, meeting high standards of social and environmental impact.

For more information, please visit:

Homepage: www.bearingpoint.com

LinkedIn: www.linkedin.com/company/bearingpoint

Management and technology consultancy BearingPoint reported full-year record revenue for the fourth year in a row, recording €1.069 billion in revenue for 2024 while delivering more than 2,000 projects in 31 countries around the globe. (Graphic: Business Wire)

DHAKA, Bangladesh (AP) — Angry protesters stormed the offices of Bangladesh’s two leading newspapers late Thursday after the death of a prominent activist in last year’s political uprising in Bangladesh. The crowds set fire to the building of one of the dailies, trapping journalists and other staff inside.

Hours later, the journalists and other staff were evacuated, and the fire was brought under control early Friday.

It was not clear why the protesters attacked the newspapers whose editors are known to be closely connected with the country’s interim leader, Nobel Peace Prize laureate Muhammad Yunus. Protests were organized in recent months outside the offices of the dailies by Islamists who blamed the newspapers for their alleged link with India.

Sharif Osman Hadi, a spokesperson for the Inqilab Moncho culture group, died in hospital in Singapore early Thursday evening after a weeklong battle for his life.

He was shot on the streets of Dhaka, the capital of Bangladesh, last Friday while riding on a rickshaw. Two men on a motorbike followed Hadi and one shot him before they fled the scene. After days of treatment in Dhaka, Hadi was flown to Singapore in critical condition.

Authorities have said they identified the suspects and that the shooter had most probably fled to India — remarks that sparked a new diplomatic squabble with India and prompted New Delhi this week to summon Bangladesh's envoy to express its condemnation. Bangladesh also summoned the Indian envoy to Dhaka and sought clarification.

Hadi was a fierce critic of both neighboring India and former Prime Minister Sheikh Hasina, whose 15-year rule of Bangladesh ended in last year's uprising.

The Inqilab Moncho group, formed after the ouster of Hasina last year, has been organizing street protests and campaigns denouncing Hasina and India. The country's Islamists and other Hasina opponents have blamed her government for being subservient to India during her rule.

Hadi had planned to run as an independent candidate in a major constituency in Dhaka in the next national elections which the country's interim government has announced for February.

Since Hasina's ouster, the Inqilab Moncho group has promoted anti-Indian sentiment in the Muslim-majority country. Hasina now lives in self-imposed exile in India.

Witnesses and media reports said hundreds of protesters took to the streets of Dhaka immediately after the news of Hadi's death, rallying on Shahbagh Square near the Dhaka University campus where many chanted slogans such as Allahu Akbar, or God is great in Arabic. There were also similar protests elsewhere in the country.

Later, a group of protesters gathered outside the head office of the country’s leading Bengali-language Prothom Alo daily in Dhaka’s Karwan Bazar area. They then surged into the building, according to online portals of various leading media outlets.

A few hundred yards away, another group of protesters pushed into the premises of the country’s leading English-language Daily Star and set fire to the building, according to footage from Kaler Kantha, another mainstream newspaper.

Soldiers and paramilitary border guards deployed outside the two buildings but did not take any action to disperse the protesters. Security officials tried to convince them to leave peacefully as firefighters arrived at the scene outside the Daily Star building.

The blaze trapped the newspaper's staff working inside the building late Thursday. One of the Daily Star's journalists, Zyma Islam, wrote on Facebook that she was inside the building.

“I can't breathe anymore. There's too much smoke," she said.

By early Friday, the fire was brought under control.

The protesters Thursday night also targeted Chhayanaut, a leading cultural institution widely respected by liberals, in Dhaka’s Dhanmondi neighborhood.

Dozens of protesters were still at Shahbagh Friday morning and vowed to continue the protests.

Hadi's body would be brought to Dhaka from Singapore on Friday evening, authorities said.

The attack on Hadi is still being investigated, but the shooting has set off tensions. Human Rights Watch and Amnesty International have recently expressed concerns over violations of human rights in Bangladesh.

Yunus, who took over three days after Hasina’s ouster in August 2024, promised in a televised address to the nation late Thursday to punish Hadi's killers.

He announced that Saturday would be a day of mourning and urged the citizens to stay calm.

Yunus' critics and Hasina's former Awami League party have blamed the interim government for the rise of Islamists in Bangladesh, a parliamentary democracy with a history of political violence.

The interim government has banned all activities by Hasina's party, including its running in the February election. Last month, a Bangladesh court sentenced Hasina to death on charges of crimes against humanity involving the uprising.

On Wednesday, anti-India protesters attempted to march toward the Indian High Commission in Dhaka, prompting it to close its visa section. After Hasina's ouster India stopped issuing tourist visas to Bangladeshis, citing security concerns, but continued giving visas for medical treatment in India.

On Thursday, protesters in the southwestern city of Rajshahi tried to march toward the office of a regional Indian diplomat. Police stopped both marches.

A protester reacts to the camera near the premises of the Prothom Alo daily newspaper which was set on fire by angry protesters after news reached the country from Singapore of the death of a prominent activist Sharif Osman Hadi, in Dhaka, Bangladesh, Friday, Dec. 19, 2025. (AP Photo/Mahmud Hossain Opu)

Bangladesh army stands guard at the premises of the Prothom Alo daily newspaper after angry protesters set it on fire after news reached the country from Singapore of the death of a prominent activist Sharif Osman Hadi, in Dhaka, Bangladesh, Friday, Dec. 19, 2025. (AP Photo/Mahmud Hossain Opu)

A fire engine arrives at the premises of The Daily Star newspaper after angry protesters set it on fire after news reached the country from Singapore of the death of a prominent activist Sharif Osman Hadi, in Dhaka, Bangladesh, Friday, Dec. 19, 2025. (AP Photo/Mahmud Hossain Opu)

A girl rescues books from a shop near the premises of the Prothom Alo daily newspaper which was set on fire by angry protesters after news reached the country from Singapore of the death of a prominent activist Sharif Osman Hadi, in Dhaka, Bangladesh, Friday, Dec. 19, 2025. (AP Photo/Mahmud Hossain Opu)

Protesters shout slogans in front of the premises of the Prothom Alo daily newspaper after news reached the country from Singapore of the death of a prominent activist Sharif Osman Hadi, in Dhaka, Bangladesh, Friday, Dec. 19, 2025. (AP Photo/Mahmud Hossain Opu)