What twoday does

Twoday is a Copenhagen-headquartered, full-service technology firm specializing in applied AI, data platforms, cloud infrastructure, software engineering, and business applications across the Nordics and Western Europe. The company delivers digital transformation services built on deep partnerships with Microsoft (Gold/Inner Circle), Databricks (Gold), Snowflake (Elite), and AWS (Service Delivery), supplemented by proprietary platforms including Agentic Orchestration Studio (AOS), EBS, INSIKT, and the Twoday AI Agent. With 2,700 employees across 26 offices in Denmark, Finland, Norway, Sweden, and Lithuania, Twoday serves more than 8,000 customers in five primary verticals: Energy & Utilities, Industrials & Manufacturing, Health & Life Sciences, Government, and Financial Services.

The business generates revenue through two primary streams: project-based professional services for digital transformation, cloud implementation, data platform modernization, and custom software development; and recurring managed services and platform subscriptions. Pricing is custom-quoted, with multi-year enterprise contracts as the standard billing cadence. Distribution is primarily through direct enterprise field sales teams targeting large organizations with complex AI and cloud deployments, supported by inside sales for mid-market engagements. Hyperscaler co-marketing provides top-of-funnel demand generation, while content marketing, events, and webinars build thought leadership.

Twoday was established in September 2022 when CVC Capital Partners acquired Visma's Custom Solutions division for approximately EUR 300 million, with the standalone brand launching in March 2023. The company is majority-owned by CVC, with a co-ownership program covering roughly 900 employees at founding. Since launch, Twoday has pursued an aggressive acquisition strategy, completing at least seven bolt-on acquisitions (CTGlobal, Annevo, BeanBakers Oy, BearIT, RelateIT, Kaito Insight, Kapacity A/S) to build scale and capability depth. FY2025 revenue reached EUR 391.3 million at a 16.4% EBITDA margin, with core business organic growth of 8.2%.

Name

twoday

Legal name

Twoday Group

Website

https://twoday.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Twoday is a Nordic-headquartered (Copenhagen) IT services and consulting firm with 2,700 employees serving 8,000+ enterprise and public-sector clients across Energy, Manufacturing, Healthcare, Government, and Financial Services with applied AI, data, cloud, and software engineering services, augmented by proprietary platforms and top-tier partnerships with Microsoft, Databricks, Snowflake, and AWS.

Ownership category

akta.pro rank

Headquarters

HQ city

Copenhagen

HQ country

Denmark

HQ region

Europe

Offices27 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Professional Services: Core revenue stream from digital transformation consulting, cloud implementation, data platform modernization, and custom software development services. Revenue is generated through project-based engagements and time-and-materials contracts with enterprise clients.
2. Managed Services and Subscriptions: Recurring revenue from managed services, cloud operations support, and platform subscriptions for ongoing AI and data platform management.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Twoday is a Nordic full-service technology consulting firm that delivers digital transformation services across applied AI, data platforms, cloud infrastructure, software engineering, and business applications. It sells professional services, managed services, and proprietary platforms (Agentic Orchestration Studio, Twoday AI Agent, EBS, INSIKT) to enterprise clients, primarily built on Microsoft, Databricks, Snowflake, and AWS ecosystems.

Product overview

Twoday offers a portfolio of proprietary platforms and AI-driven solutions alongside Microsoft-centric consulting services. The core proprietary offerings include: (1) Agentic Orchestration Studio (AOS) — a BOAT (Business Orchestration and Automation Technologies) platform that orchestrates people, AI agents, and systems within governed workflows; (2) EBS — a proprietary business application platform for customizing and delivering enterprise solutions via low-code programming, process development, and front-end configuration; (3) INSIKT — a platform where features such as notifications are developed and delivered; and (4) Twoday AI Agent — an OpenAI GPT-based AI agent that allows organizations to upload their own data sources for secure, private AI assistance. Twoday also delivers Data & AI, Cloud Platforms & Security, Software Engineering, and Business Applications (including Microsoft Dynamics 365 and Business Central ERP) as service offerings, with strategic partnerships across Microsoft, Databricks, Snowflake, and AWS.

Differentiator

Problem solved

Functional benefit

Products and services

• Agentic Orchestration Studio (AOS)
• Twoday AI Agent
• EBS (Enterprise Business Suite)
• INSIKT
• Applied AI services
• Data and AI services
• Cloud Platforms and Security services
• Software Engineering services
• Business Applications services

Quantifiable outcome

• EUR 391.3 million revenue with 16.4% EBITDA margin demonstrating profitable growth

Named customers2 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability7 records

Feature2 records

Partnerships

Four partnerships are on record, tiered flagship and core.

• MicrosoftflagshipTechnology or IntegrationTwoday is a Microsoft Gold partner with Inner Circle membership (top 1% of Microsoft partners globally). The company holds Solutions Partner status for Cloud with 16 specializations and has achieved multiple Microsoft AI and cloud competencies. Twoday develops solutions on Azure, Microsoft 365, and Microsoft Fabric platforms.
• DatabrickscoreTechnology or IntegrationTwoday is a Databricks Gold tier partner and won the Databricks Nordic Partner Award in 2025. The partnership focuses on data analytics, lakehouse architecture, and AI/ML platform implementations using the Databricks Data Intelligence Platform.
• SnowflakecoreTechnology or IntegrationTwoday holds Elite level partnership status with Snowflake, providing data cloud platform implementations and integrations. The partnership enables Twoday to deliver Snowflake-powered data analytics and data sharing solutions to enterprise clients.
• AWScoreTechnology or IntegrationTwoday is an AWS partner with multiple Service Delivery designations covering various AWS services and solutions. The partnership provides cloud infrastructure, migration, and managed services capabilities on the AWS platform.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Tietoevry: Tietoevry is the largest Nordic IT services and digital transformation company, directly competing with Twoday across Microsoft, data/AI, cloud, and application services for Nordic enterprise and public sector clients. CEO Christian Pedersen previously led Tietoevry Create, underscoring direct competitive overlap.
• Netcompany: Netcompany is a Denmark-headquartered IT services and digital transformation firm serving Nordic enterprises and the public sector, with a comparable mix of custom development, Microsoft/Databricks-led data platforms, and government modernization work.
• Bouvet: Bouvet is a Norwegian IT consulting and digital services company specializing in software development, data/analytics, and Microsoft-based solutions for Nordic enterprises and public sector, closely mirroring Twoday's Nordic-centric, Microsoft-aligned model.
• CGI Group: CGI is an IT and business consulting services firm with significant Nordic operations delivering end-to-end Microsoft, data, and digital engineering services to enterprise and government clients, comparable in scale and customer mix.
• Knowit: Knowit is a Nordic digital consultancy with practices in business applications, data/AI, and digital innovation, headquartered in Sweden with operations across Norway, Finland, Denmark, and Germany — directly comparable to Twoday in scale and focus.

Broad incumbents

• Capgemini: Capgemini is a global systems integrator with deep capabilities in cloud, data/AI, and Microsoft enterprise services, competing for the same large Nordic enterprise transformation engagements as Twoday but at vastly greater scale.
• Accenture: Accenture is the world's largest SI and a Microsoft Inner Circle member; it competes directly with Twoday for AI/data/cloud transformation mandates in the Nordics and globally, and produced Twoday's Board Chair Bill Theofilou.
• Sopra Steria: Sopra Steria is a European IT services firm with a strong Nordic footprint through its acquisition of Allgeier/Novabit, delivering consulting, application services, and Microsoft-led transformation comparable to Twoday's offerings.
• Deloitte (Consulting): Deloitte's consulting practice competes with Twoday on AI/data/cloud strategy and implementation for Nordic enterprises, with deeper global scale but less vertically specialized Nordic delivery presence.
• TCS (Tata Consultancy Services): TCS is a global systems integrator pursuing large Nordic enterprise and Microsoft-led AI/cloud transformation deals, offering comparable data and digital engineering services at much larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/twoday

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

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

M&A3 records

Investments

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

Frequently asked questions about twoday