Xiting: Comprehensive Company Profile

Background

Overview

Xiting is a specialized provider of SAP security solutions, focusing on comprehensive identity and access management, access governance, compliance, and cybersecurity. Established in 2008 by experienced SAP consultants in Switzerland, the company has expanded its global presence with offices in Germany, the United Kingdom, Romania, and the United States. As an SAP Gold Partner, Xiting offers a range of services and products designed to enhance SAP security and compliance for organizations worldwide.

Mission and Vision

Xiting's mission is to provide secure, reliable, and future-oriented SAP security solutions that enable organizations to focus on their core business operations. The company aims to deliver lasting impact through innovative tools and services that address complex security requirements, ensuring compliance and reducing operational risks.

Primary Area of Focus

Xiting specializes in SAP security, offering services such as authorization management, identity and access management (IAM), access governance, compliance monitoring, and cybersecurity. The company's flagship product, the Xiting Authorizations Management Suite (XAMS), automates and streamlines SAP authorization projects, improving compliance and reducing the risk of errors.

Industry Significance

As an SAP Gold Partner, Xiting holds a significant position in the SAP security industry. The company's expertise and innovative solutions have made it a trusted partner for over 600 clients globally, including both national and international organizations. Xiting's contributions to SAP security have been recognized through certifications and awards, underscoring its role in enhancing SAP security practices.

Key Strategic Focus

Core Objectives

Xiting's strategic focus centers on delivering comprehensive SAP security solutions that address the evolving needs of organizations. The company aims to:

Automate and optimize SAP authorization processes.

Enhance compliance and reduce operational risks.

Provide innovative tools and services that support secure SAP environments.

Specific Areas of Specialization

Xiting specializes in the following areas:

Authorization Management: Automating and streamlining SAP authorization projects to improve compliance and reduce errors.

Identity and Access Management (IAM): Managing user identities and access rights to ensure secure and compliant SAP environments.

Access Governance and Compliance: Monitoring and enforcing access policies to maintain compliance with regulatory standards.

Cybersecurity and Security Monitoring: Implementing measures to protect SAP systems from security threats and ensuring continuous monitoring.

Key Technologies Utilized

Xiting leverages a range of technologies to deliver its SAP security solutions, including:

Xiting Authorizations Management Suite (XAMS): A proprietary suite that automates SAP authorization processes, enhancing efficiency and compliance.

Xiting Central Workflows: A solution for centralized execution of user provisioning and management processes in hybrid SAP landscapes.

Xiting Security Platform (XSP): A cloud-based platform introduced in 2025 to optimize SAP security strategies and ensure compliance in hybrid environments.

Primary Markets or Conditions Targeted

Xiting primarily targets organizations utilizing SAP systems across various industries, including manufacturing, finance, healthcare, and retail. The company's solutions are designed to meet the security and compliance needs of both large enterprises and small to medium-sized businesses operating in complex SAP environments.

Financials and Funding

Funding History

Xiting is a privately held company and has not publicly disclosed detailed information regarding its funding history or total funds raised. The company has experienced steady growth since its inception, expanding its global presence and service offerings.

Recent Funding Rounds

Specific details about recent funding rounds are not publicly available. Xiting's growth and expansion have been supported through internal resources and strategic partnerships.

Notable Investors

As a privately held company, Xiting has not publicly disclosed information about its investors.

Intended Utilization of Capital

While specific details are not publicly disclosed, it is likely that Xiting utilizes its capital to:

Develop and enhance its product offerings, such as XAMS and XSP.

Expand its global presence through the establishment of new offices and partnerships.

Invest in research and development to stay ahead of emerging security threats and compliance requirements.

Pipeline Development

Key Pipeline Candidates

Xiting's primary focus is on the continuous development and enhancement of its existing products, including:

Xiting Authorizations Management Suite (XAMS): Ongoing improvements to automate and streamline SAP authorization processes.

Xiting Central Workflows: Enhancements to support centralized user provisioning and management in hybrid SAP landscapes.

Xiting Security Platform (XSP): Recent introduction of this cloud-based platform to optimize SAP security strategies and ensure compliance in hybrid environments.

Stages of Clinical Trials or Product Development

As a provider of software solutions, Xiting does not engage in clinical trials. The company focuses on the development and enhancement of its software products to meet the evolving needs of SAP security.

Target Conditions

Xiting's solutions are designed to address various security and compliance challenges faced by organizations using SAP systems, including:

Authorization management and compliance.

Identity and access management.

Access governance and monitoring.

Cybersecurity threats and vulnerabilities.

Relevant Timelines for Anticipated Milestones

Specific timelines for product development milestones are not publicly disclosed. However, Xiting has a history of regularly updating and enhancing its product offerings to meet the needs of its clients.

Technological Platform and Innovation

Proprietary Technologies

Xiting has developed several proprietary technologies to enhance SAP security, including:

Xiting Authorizations Management Suite (XAMS): Automates and streamlines SAP authorization processes, improving compliance and reducing errors.

Xiting Central Workflows: Centralizes user provisioning and management processes in hybrid SAP landscapes.

Xiting Security Platform (XSP): A cloud-based platform introduced in 2025 to optimize SAP security strategies and ensure compliance in hybrid environments.

Significant Scientific Methods

Xiting employs various methodologies to enhance SAP security, including:

Role-Based Access Control (RBAC): Ensures that users have appropriate access rights based on their roles within the organization.

Segregation of Duties (SoD) Analysis: Identifies and mitigates potential conflicts in user roles to prevent unauthorized actions.

Least Privilege Principle: Grants users the minimum level of access necessary to perform their job functions.

AI-Driven Capabilities

While specific details about AI-driven capabilities are not publicly disclosed, Xiting's solutions likely incorporate advanced analytics and automation to enhance security and compliance in SAP environments.

Leadership Team

Key Executive Profiles

Patrick Bockel: Chairman of the Board.

Hendrik Heyn: CEO Global/Germany.

Martin Trachsel: CFO Global/CEO Switzerland.

Alessandro Banzer: CEO USA.

Mátyás Pattantyus: CEO Romania.

Professional Backgrounds and Key Contributions

Patrick Bockel: As Chairman of the Board, Patrick Bockel provides strategic direction and oversight for Xiting's global operations.

Hendrik Heyn: Serving as CEO Global/Germany, Hendrik Heyn leads Xiting's initiatives in Germany and oversees global operations.

Martin Trachsel: As CFO Global/CEO Switzerland, Martin Trachsel manages Xiting's financial strategies and operations in Switzerland.

Alessandro Banzer: CEO USA, Alessandro Banzer oversees Xiting's operations and growth in the United States.

Mátyás Pattantyus: As CEO Romania, Mátyás Pattantyus leads Xiting's initiatives and operations in Romania.

Leadership Changes

Specific details about recent leadership changes or appointments are not publicly disclosed.

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