The history of Applicon stretches all the way back to 1995, even though the Applicon name was not established before 1998. Applicon menas Application Consulting, and was until 2007 written with a capatalized C.

• 1995 # Swedish company Marquert & Partners is established in Stockholm, focusing on Capital Markets.
• 1997 # Nyherji software division in Iceland establishes a partner contract with SAP, representing SAP in Iceland.
• 1998 # Applicon Denmark is established focusing on SAP ERP, Integration and Business Intelligence.
• 1999 # Nyherji software division starts to work for customers on implementing SAP Financial Services componenents
• 2005 # Nyherji acquires Applicon Denmark and Nyherji Software Divsion becomes Applicon Iceland
• 2006 # Applicon UK and Applicon Sweden found, focusing on Financial Services.
• 2008 # Applicon Sweden merges with Marquert & Partners. Calypso Nordic implementation partnership is established. Applicon puts its international focus on Financial Services
• 2009 # Applicon UK office becomes international sales office for Applicon. Applicon works on international projects within Financial Services.