About It-Economics
It-Economics is a company based in Munchen (Germany) founded in 2003 was acquired by Sopra Steria in May 2018.. It-Economics offers products and services including Software Development, Delivery Management, and Agile Transformation. It-Economics operates in a competitive market with competitors including CrowdStrike, UST, Genpact, 1&1 IONOS and VMware, among others.
- Headquarter Munchen, Germany
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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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Annual Revenue
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Net Profit
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Sopra Steria
(May 15, 2018)
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Products & Services of It-Economics
It-Economics offers a comprehensive portfolio of products and services, including Software Development, Delivery Management, and Agile Transformation. 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.
Service for creating custom software and cloud platforms.
Solutions for efficient software delivery and operations.
Guidance on adopting agile practices for business improvement.
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Funding Insights of It-Economics
| 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 |
investors |
Investors in It-Economics
It-Economics has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Sopra Steria. 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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IT suite solutions and consulting services are provided worldwide.
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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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Investments & Acquisitions by It-Economics
| 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 - It-Economics
| 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 |
investors |
It-Economics Comparisons
Competitors of It-Economics
It-Economics 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 CrowdStrike, UST, Genpact, 1&1 IONOS and VMware, 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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Endpoint threats are detected via artificial intelligence by the platform.
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High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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Cloud orchestration solutions are provided for multi-cloud and device applications.
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IT outsourcing services are delivered across multiple business lines.
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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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Frequently Asked Questions about It-Economics
When was It-Economics founded?
It-Economics was founded in 2003.
Where is It-Economics located?
It-Economics is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Who is the current CEO of It-Economics?
Torsten Klein is the current CEO of It-Economics.
What does It-Economics do?
It-Economics was established in 2003 and is based in Munich, Germany. Operations are conducted in the information technology sector, where a suite of IT services is delivered to support organizational needs. Services include integrated solutions for IT management and efficiency. The firm is led by Torsten Klein, serving as CEO and Managing Director, with a focus on the German market.
Who are the top competitors of It-Economics?
It-Economics's top competitors include VMware, Happiest Minds and CrowdStrike.
What products or services does It-Economics offer?
It-Economics offers Software Development, Delivery Management, and Agile Transformation.
Who are It-Economics's investors?
It-Economics has 1 investor. Key investors include Sopra Steria.