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iteratec

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Company Research Report: iteratec GmbH



Company Overview



  • Name: iteratec GmbH

  • Mission: Developing Digital Champions. Iteratec is focused on creating digital solutions that excite and support customers in conquering new markets.

  • Founded: 1996 by Klaus Eberhardt and Mark Goerke.

  • Headquarters: München, Germany.

  • Number of Employees: 500 employees across seven locations.

  • Revenue: 69 million Euros in 2023.

  • What is the Company Known For: iteratec is renowned for its expertise in developing bespoke software and digital products that serve millions daily. It is also recognized for its pioneering role in agile software development.


Key People



  • Klaus Eberhardt: Founder and Managing Director, with a focus on iterative software development.

  • Stefan Rauch: Managing Director since 2021, focusing on digital innovation and cultural transformation.

  • Michael Schulz: Managing Director since 2017, leading Hamburg operations, focusing on customer solutions and organizational development.

  • Alexander Youssef: Managing Director since 2022, overseeing finance operations.


Headquarters



The company is headquartered in Munich, Germany, and has additional offices in Düsseldorf, Frankfurt, Hamburg, Stuttgart & Karlsruhe, Wien, and Wrocław.

Products



1. Digital Transformation Solutions


  • Description: Offering end-to-end transformation services to translate visions into business cases.

  • Key Features: New business model development, customer-centric product and service implementation, and organizational agility enhancement.


2. Software and System Development


  • Description: Unique, tailored software solutions that cater to specific business needs.

  • Key Features: High-quality standards, user-focused mobile and web applications, AIOps for automation and reliability.


3. AI & Data Analytics


  • Description: Data-driven business optimizations and decision-making tools.

  • Key Features: Data Science capabilities, AI solutions, analytics integration, and system scalability.


4. IT-Security Solutions


  • Description: Comprehensive security solutions to ensure data protection and integrity.

  • Key Features: ISO 27001 certification, systematic security integration, and proactive threat assessment.


Recent Developments



New Products and Features


  • Cloud Transformation Services: Introduction of services that enhance business processes through cloud infrastructure.

  • Web3 and XR Technologies: Focused on leveraging future technologies like blockchain and Extended Reality for market advantages.

  • Generative AI Solutions: Innovative solutions in AI to leverage large language models (LLMs) for content creation.


Partnerships and Strategic Expansions


  • Equal Healthcare Network: Gründungsmitglied (founding member) to foster IT-based healthcare solutions.

  • Acquisition of HI NEXT: Expanding digital business innovation capabilities.


Recognition and Achievements


  • Awards: Iteratec recognized as the "Best IT Service Provider" for four consecutive times, highlighting its leadership in digital transformation solutions.

  • ISO 27001 Certification: Certification affirming its excellence in IT security management.


Geographic Presence



With offices in Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart & Karlsruhe, Wien, and Wrocław, iteratec maintains a strong regional presence across Germany, Austria, and Poland.

Conclusion



This report encapsulates iteratec GmbH's stature as a digital transformation leader with robust solutions in software development, AI, and IT security, catering to a myriad of industries. The company continues to uphold its foundational ethos of innovation and digital excellence.
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