IBA Group

What IBA Group does

IBA Group is a privately held Central and Eastern European IT services and outsourcing company headquartered in Prague, Czech Republic, delivering custom enterprise software, SAP and Camunda implementations, mainframe modernization, data and AI services, and fintech solutions to enterprise clients across 50+ countries in Europe, Asia, the Middle East, and North America. The company operates 13 development and support centers with 1,500-2,000 multilingual professionals and combines onshore/offshore, project outsourcing, and dedicated software development center delivery models for regulated industries including finance, banking, transport, telecom, manufacturing, energy, oil and gas, and retail.

Its underlying technology stack spans SAP S/4HANA, Camunda BPM, Microsoft Azure, IBM mainframe, and open-source data tooling, layered with a portfolio of proprietary products: tapXphone (PCI MPoC-certified SoftPOS for contactless payments), Goods Checker (computer-vision merchandising automation), iDocIt (LLM-powered document assistant), EasyRPA (open-source RPA), Visual Flow (Apache Spark-based ETL), and the FastLake Data Lakehouse / ICDC Cloud platforms. AI/ML capability is built around natural language processing, computer vision, predictive analytics, generative AI (via a strategic partnership with NVIDIA Elite Partner Data Monsters), and a niche AI COBOL Code Recovery service for IBM MVS modernization.

The business model is a hybrid of professional services (consulting, custom development, migration, application management) and recurring subscriptions through the IBA Insight division, which as of 2025 contributes roughly 50% of revenue via annual digital-platform subscriptions. GTM is anchored on direct enterprise sales supported by tier-1 partner channels — SAP Silver Partner with Partner Center of Expertise authorization, Camunda Gold Partner, Microsoft, Tableau, Salesforce, Red Hat, and Databricks — and industry-event participation (CamundaCon, SAP NOW, AI & Data Summit). Since 2025 the company has been backed by pan-European private equity firm bd-capital (replacing TPA Capital), positioning it for organic and inorganic scale-up.

Name

IBA Group

Legal name

IBA Group a.s.

Website

https://ibagroupit.com

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

IBA Group is a Prague-based IT services and outsourcing company delivering custom enterprise software, SAP, Camunda, mainframe modernization, and AI/data solutions to enterprises across 50+ countries, with a hybrid services-plus-subscription model and 13 global delivery centers.

Ownership category

akta.pro rank

Product category

IT Services and Software Development

NAICS

Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151), Software Publishers (5132)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Programming Services (7371)

akta.pro primary industry

iBPMS (Intelligent BPM Suites) & Process Automation Suites (HDAEAHAG)

Keywords

• IT outsourcing services
• Custom software development
• SAP implementation services
• Application modernization
• Data analytics consulting

Headquarters

HQ city

Prague

HQ country

Czechia

HQ region

Europe

Offices12 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. IT Services and Consulting: As of 2025, half of IBA Group's revenue derives from recurring annual digital platform subscriptions through its IBA Insight division, with remaining revenue from consulting, development, migration, maintenance and support services across multiple delivery models.
2. Custom Software Development: Custom development, application management, integration, and S/4HANA migration services for enterprise clients across Europe, Asia, America and Africa.
3. Managed Services: Ongoing maintenance and support services for implemented solutions, including application management and cloud operations.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

IBA Group provides custom enterprise software development, consulting, application modernization, SAP implementation and migration services, mainframe modernization, data management and analytics, and IT security services to enterprise clients across industries including finance, banking, transport, logistics, retail, manufacturing, telecom, energy, and oil & gas. The company also sells proprietary products including EasyRPA (open-source RPA), tapXphone (SoftPOS contactless payments), Goods Checker (merchandising automation), iDocIt (AI document assistant), FastLake (data lakehouse), Visual Flow (ETL), and ICDC cloud platform, complemented by managed services and 24/7 support across 13 countries.

Product overview

IBA Group is an IT service provider with 30+ years of experience offering a portfolio of proprietary products and professional services. The core offerings include Custom Enterprise Solutions, Data Management & Analytics (featuring FastLake Platform, Visual Flow ETL, and ICDC Cloud Platform), SAP Services (Silver Partner), Mainframe Modernization (AI COBOL Code Recovery, AI-Enhanced Mainframe Support), Fintech Solutions, and IT Security Services. Key proprietary products include EasyRPA (open-source RPA platform), tapXphone (SoftPOS payment solution with PCI MPoC certification), Goods Checker (AI-powered merchandising automation), iDocIt (AI document assistant), and IBA AVM/AFC (transport fleet management systems). The company also provides industry-specific solutions across Finance & Banking, Transport & Logistics, Retail, Manufacturing, Energy & Utilities, Oil & Gas, and Telecom & Media sectors.

Differentiator

Problem solved

Functional benefit

Brands

• Goods Checker: Ecosystem for automating merchandising processes: creating planograms, evaluating shelf display and generating detailed analytics. Helps managers establish realistic KPIs and objectively evaluate employees.
• tapXphone
• iDocIt
• EasyRPA
• IBA AFC
• IBA AVM
• Visual Flow
• FastLake Platform
• Marketing Mix Modeling Software

Quantifiable outcome

• Bank transfer automation reduced processing time from 1 day to 10 minutes
• +12 more outcomes

Named customers10 records

Segments8 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration21 records

AI capability15 records

Feature8 records

Partnerships

Eleven partnerships are on record, tiered core, strategic and regional.

• SAPcoreTechnology or IntegrationSAP Silver Partner and SAP Partner Center of Expertise certified. IBA Poland development center obtained certification enabling comprehensive SAP software services support with history of cooperation dating back to 1996.
• CamundacoreTechnology or IntegrationCamunda Gold Partner offering dedicated Camunda BPM Service with certified engineers and over 10 years of experience in building custom solutions based on Camunda platform.
• MicrosoftstrategicTechnology or IntegrationAzure Data Lakehouse & Analytics service available on Microsoft commercial marketplace. Partnership gives IBA Group fast access to latest technology in data science field.
• Data MonstersstrategicStrategic or Co-development PartnerStrategic Generative AI partnership with Data Monsters, an NVIDIA Elite Partner with 16 years of experience in artificial intelligence. Collaboration aimed at enhanced AI implementation across various industries.
• NOVA CloudregionalStrategic or Co-development PartnerInnovative cloud solution launched in Kazakhstan through partnership with NOVA Cloud, presented at DevOps Day in Kazakhstan.
• PCI Security Standards CouncilstrategicTechnology or IntegrationtapXphone received PCI MPoC (Payment Card Industry SoftPOS Contactless Entry Point) Assessment Authority, enabling independent assessment of SoftPOS app integration correctness.
• Red HatstrategicTechnology or IntegrationBecame Red Hat Container Platform Specialist, enabling container platform expertise and deployment capabilities.
• TableaustrategicTechnology or IntegrationTableau partner since 2019, offering BI system implementation and expertise in data visualization and analytics.
• SalesforcestrategicTechnology or IntegrationCRM platform implementation partner for Salesforce, automating and streamlining sales, service, marketing, analytics, and customer relations.
• Hapag-LloydstrategicImplementation/ SI/ Consulting PartnerCollaboration on Camunda-based automation initiatives where IBA Group served as service provider. Hapag-Lloyd presented projects on smart exception management in global shipping processes at CamundaCon Amsterdam 2026.
• DatabricksstrategicTechnology or IntegrationVisual Flow achieved Databricks Technology Partnership, offering unified open data analytics platform optimized for AI/ML and big data workloads.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• EPAM Systems: NYSE-listed IT services firm with deep CEE/Belarus delivery origins offering custom software development, SAP consulting, data/AI services, and product engineering — the largest direct comparable to IBA Group across service lines, geographies, and verticals.
• SoftServe: Ukraine-headquartered IT services and software development company with very similar CEE delivery footprint, SAP/cloud/AI offerings, and enterprise vertical mix as IBA Group.
• Intellias: Ukraine/Central European software engineering and IT services firm competing directly with IBA across custom development, SAP, automotive, finance, and logistics engagements.
• Globallogic: Hitachi-owned digital engineering services firm with strong Central/Eastern European delivery (Poland, Ukraine, Romania, Slovakia) directly overlapping IBA's geographic and service-line strategy.
• Luxoft (DXC Technology): DXC Technology subsidiary offering custom software development, SAP/enterprise consulting, and digital transformation across banking, finance, and transport — directly comparable service mix to IBA Group.
• DataArt: Private equity-backed IT services firm with Central/Eastern European delivery centers providing custom development, data/AI, and enterprise consulting to financial services and logistics — closely comparable to IBA in scale and vertical mix.
• Ciklum: Copenhagen-headquartered but with major Ukrainian/Central European delivery, offering custom software engineering, cloud, and digital transformation services directly competing with IBA Group.

Broad incumbents

• Tietoevry: Nordic-headquartered large-scale IT services and software provider offering SAP, banking, and digital transformation — broader portfolio but overlapping service lines and Nordic/CEE enterprise client base.
• Capgemini: Global SI with deep SAP, banking, and digital engineering practices competing for the same enterprise SAP S/4HANA, mainframe modernization, and AI engagements as IBA, though at vastly larger scale.

Others

• Camunda (technology partner): BPM/orchestration platform vendor — included as an ecosystem peer since IBA's Camunda Gold Partnership underpins a meaningful share of its process automation services revenue.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Ibagroup
• LinkedInlinkedin.com/company/iba-group

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IBA Group