About ITEC Group
ITEC Group is a company based in Bristol (United Kingdom) founded in 2003 was acquired by Xerox in March 2020.. ITEC Group offers products and services including Managed IT Services, Managed Print Services, Digital Mail, and Workflow Automation. ITEC Group operates in a competitive market with competitors including UST, NTT DATA, Happiest Minds, Accenture and 1&1 IONOS, among others.
- Headquarter Bristol, United Kingdom
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Itec Connect Ltd
- Date of Incorporation 10 Feb, 1988
- Jurisdiction BRISTOL
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Products & Services of ITEC Group
ITEC Group offers a comprehensive portfolio of products and services, including Managed IT Services, Managed Print Services, Digital Mail, and Workflow Automation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Delivers managed IT solutions for business continuity and security.
Analyzes workflows to optimize printing and digitization processes.
Manages mail efficiently to reduce costs and improve operations.
Automates processes to enhance business efficiency and resilience.
Funding Insights of ITEC Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in ITEC Group
ITEC Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Xerox. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Digital document solutions are provided for office and business needs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ITEC Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ITEC Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Itec Group Comparisons
Competitors of ITEC Group
ITEC Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, NTT DATA, Happiest Minds, Accenture and 1&1 IONOS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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IT outsourcing services are delivered across multiple business lines.
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IT and management consultancy services are provided globally.
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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Multi-access edge networking computing platform is provided for mobile services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Itec Group
Frequently Asked Questions about ITEC Group
When was ITEC Group founded?
ITEC Group was founded in 2003.
Where is ITEC Group located?
ITEC Group is headquartered in Bristol, United Kingdom. It is registered at Bristol, England, United Kingdom.
What does ITEC Group do?
ITEC was established in 2003 with headquarters in Bristol, United Kingdom. Operations are centered on the information technology sector, where managed IT support and print services are delivered to various businesses. Core offerings include network administration, data security measures, and printing system management. The company maintains a focus on regional clients across the UK, supporting infrastructure reliability and operational efficiency in professional environments.
Who are the top competitors of ITEC Group?
ITEC Group's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
What products or services does ITEC Group offer?
ITEC Group offers Managed IT Services, Managed Print Services, Digital Mail, and Workflow Automation.
Who are ITEC Group's investors?
ITEC Group has 1 investor. Key investors include Xerox.