Be Shaping The Future

What Be Shaping The Future does

Be Shaping The Future S.p.A. is a publicly-listed Italian consulting and IT services firm headquartered in Milan, operating a pan-European network of 1,000+ professionals across eight countries (Italy, Germany, Switzerland, Austria, the UK, Poland, Romania, and Spain), with approximately 40% of revenue generated abroad. The company delivers services to financial institutions (its primary vertical), insurance companies, and a newer sport, media and entertainment segment, with named clients including Intesa Sanpaolo, UniCredit, Deutsche Bundesbank, Cassa Depositi e Prestiti, and BNL, as well as a leading European bancassurance group. Service architecture is organized into three pillars: Support Innovation (Digital Transformation, Big Data & Advanced Analytics, Digital Marketing & Loyalty, Asset Monetisation), Improve Performance (Transformation Programs, Risk & Compliance, IT & Operations, Cards & Mobile Payments, Capital Markets, Credit, Transaction Banking, Securities & Clearing), and Deliver Solutions (Business Intelligence, Insurance Platform, Capital Markets Systems).

The technology stack is built around digital transformation, big data analytics, business intelligence, AI/ML (including computational intelligence and evolutionary programming, covered by granted patents in Risk Management and Market Intelligence), cloud infrastructure, and service-oriented architecture. Proprietary and co-developed assets include Information-as-a-Service and Platform-as-a-Service offerings with SAS, data governance solutions with IBM and Oracle, and business integration solutions with TIBCO. Be has developed AI applications including sentiment analysis, anomaly/fraud detection, predictive analytics, and "Artificial Adaptive Systems" for data-driven insight generation. The go-to-market is enterprise field sales and direct consulting engagement, with pricing based on multi-year project-based contracts (e.g., a €73M three-year ICT engagement). Be has grown aggressively through M&A — 17+ acquisitions from 2014 to 2022 — and is currently subject to a mandatory tender offer launched by Overlord BidCo S.p.A. in October 2022, taking the company private. Revenue, ARR, and current financials are not explicitly disclosed in the available source data.

Name

Be Shaping The Future

Legal name

Be Shaping the Future S.p.A.

Website

https://be-tse.it

Company type

Public

Founded year

2008

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Be Shaping The Future is a Milan-headquartered, pan-European consulting and IT services firm (1,000+ professionals, 8 countries) that delivers digital transformation, big data analytics, risk and compliance, and capital markets solutions to financial institutions, insurers, and increasingly sport, media and entertainment clients.

Ownership category

akta.pro rank

Product category

Financial Services Consulting

NAICS

Management Consulting Services (54161), Administrative Management and General Management Consulting Services (541611), Computer Systems Design and Related Services (54151)

SIC

Services-Management Consulting Services (8742), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Digital & Technology Transformation Consulting (BPAHACAH)

akta.pro secondary industries

Data, Analytics & AI Consulting (BPAHAEAF), Operations & Process Improvement Consulting (BPAHACAB), Change Management & Transformation Consulting (BPAHAGAC), Strategy & Corporate Development Consulting (BPAHACAA)

Keywords

• Financial services consulting
• Digital transformation consulting
• IT system integration
• Risk compliance advisory
• Capital markets consulting

Headquarters

HQ city

Roma

HQ country

Italy

HQ region

Europe

Offices10 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Consulting Services: Professional consulting services including business advisory, system integration, IT consulting, and digital transformation services for financial institutions
2. Technology Solutions: Business Intelligence, data governance, and integration solutions delivered through technology partnerships and proprietary platforms
3. Insurance Platform Outsourcing: Full outsourcing of complete platform to manage life insurance business, covering entire life cycle of insurance contracts

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Be Shaping The Future is a pan-European management and IT consulting firm providing business advisory, system integration, and digital transformation services to banks, insurance companies, and financial institutions across eight countries. Its offerings span three service pillars: Support Innovation (digital transformation, big data, digital marketing, asset monetisation), Improve Performance (transformation programs, risk & compliance, IT operations, payments, capital markets, credit, transaction banking, securities), and Deliver Solutions (business intelligence, insurance platform outsourcing, capital markets systems). The firm combines strategic consulting with operational implementation, leveraging partnerships with IBM, Oracle, SAS, and TIBCO.

Product overview

Be Shaping The Future is a pan-European consulting firm operating a platform-plus-modules architecture organized into three main service pillars: Support Innovation (Digital Transformation, Big Data & Advanced Analytics, Digital Marketing & Loyalty, Asset Monetisation), Improve Performance (Transformation Programs, Risk & Compliance, IT & Operations, Cards & Mobile Payments, Capital Markets, Credit Products & Processes, Transaction Banking, Securities & Clearing), and Deliver Solutions (Business Intelligence, Insurance Platform, Capital Markets Systems). The company serves leading financial services and insurance companies, with recent expansion into sport, media and entertainment sectors. The portfolio combines strategic consulting with operational execution across banking, insurance, and capital markets.

Differentiator

Problem solved

Functional benefit

Brands

• Be Academy: Training and development programs for employees including consultant training programs, specialized technology sessions, coaching, and leadership courses.
• Be on Campus

Quantifiable outcome

• 40% of business generated abroad
• +3 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature4 records

Partnerships

Twelve partnerships are on record, tiered minor and core.

• U-ANTminorStrategic or Co-development Partner · 23 October 2020Be announced a partnership with U-ANT, a specialized partner for sports, media and entertainment digital services.
• YOLOcoreStrategic or Co-development Partner · 2 April 2019Be and YOLO signed a strategic partnership. The partnership was later strengthened in July 2020, expanding collaboration in digital engagement and innovation services.
• FinastracoreTechnology or Integration · 7 June 2018Be signed an international partnership with Finastra, a leading financial technology company. Be was also selected to set up the Italian centre of excellence for Finastra/LoanIQ solution for a leading Financial Institution.
• Leading European Bancassurance GroupcoreStrategic or Co-development Partner · 22 March 2018Be signed a strategic agreement with one of the leading European bancassurance groups for consulting and transformation services.
• MurexcoreTechnology or Integration · 12 September 2017Be announced a strategic partnership with Murex, a leading enterprise software vendor for trading, risk management and processing. The partnership focuses on capital markets and financial services technology solutions.
• Deutsche BundesbankcoreImplementation/ SI/ Consulting Partner · 25 July 2017Be was selected by Deutsche Bundesbank (German Central Bank) to support the evolution of German payments. Deutsche Bundesbank secures and monitors cashless payment transactions in German financial markets, and Be provides consulting expertise for this critical infrastructure.
• Cassa Depositi e PrestiticoreImplementation/ SI/ Consulting Partner · 17 October 2016Be was awarded a multi-year European competition with Cassa Depositi e Prestiti in the Big Data area, amounting to €7 million. This represents a significant public sector engagement.
• IBMcoreTechnology or IntegrationConsolidated partnership with IBM for data governance technology. Be provides data governance support in designing solutions and implementing projects using IBM technology platforms.
• OraclecoreTechnology or IntegrationConsolidated partnership with Oracle for data governance technology. Be leverages Oracle platforms for financial services data management and governance solutions.
• SAScoreTechnology or IntegrationPartnership with SAS for business analytics and data platform services. Be developed Information As a Service (IAS) and Platform As a Service (PAS) solutions with SAS technology.
• TIBCOcoreTechnology or IntegrationPartnership with TIBCO for business integration solutions. Be provides innovative integration solutions focusing on business needs, combining financial services industry knowledge with technological skills.
• Talent GardenminorStrategic or Co-development PartnerBe Group joined Talent Garden, a collaborative workspace and innovation network, to support digital innovation and networking.

Scale indicators7 records

Recent moves12 records

Expansion highlights5 records

Broad incumbents

• Deloitte Consulting: Big Four advisory with extensive Financial Services consulting and technology transformation capabilities in Europe; competes for both advisory and implementation work.
• Capgemini: Global consulting and technology services leader with a dedicated Financial Services practice that targets the same European banks and insurers Be serves.
• NTT Data: Global IT services and consulting incumbent with a sizable European banking and insurance practice, competing head-to-head with Be for large European FS transformation deals.
• Accenture: Largest global professional services firm with an outsized Financial Services group, competing for the same transformation, risk, and digital mandates across European institutions.

Direct peers

• Oliver Wyman: Global management consulting firm specializing in financial services (banking, insurance, capital markets); a direct competitor on the strategy and risk side of Be's engagements.
• Tinexta: Italian listed digital trust, consulting, and innovation services group with financial services and regulated-industry advisory practices, comparable in scale and listed-mid-cap profile.
• Reply: Italian listed IT consulting and systems integration firm with strong financial services and digital transformation practices across Europe. Closest like-for-like domestic peer given size, listed status, and FS focus.
• Engineering Group: Italian-headquartered IT services and consulting group serving banks, insurance, and public sector with digital transformation and managed services offerings across Europe.
• Sia Partners: European management and technology consulting firm with deep financial services specialization (risk, compliance, digital), overlapping strongly with Be's practice areas and pan-European footprint.

Others

• Murex: Capital-markets software vendor (trading, risk, processing) partnered with Be; an ecosystem participant rather than direct competitor but illustrative of Be's vendor adjacency.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/betsegroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries17 records

Funding overview

Funding rounds

Investors

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

M&A6 records

Investments

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

Frequently asked questions about Be Shaping The Future