Sword
Sword Group SE is a Luxembourg-based, Euronext-listed IT services firm delivering digital transformation, cloud, managed services, and proprietary software to 1,000+ enterprise and government clients across 50 countries.
- Company typePublic
- Founded2000
- HeadquartersNew York, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Sword does
Sword Group SE is a Luxembourg-headquartered, Euronext-listed IT services firm (ticker: SWP) specializing in digital transformation, consulting, and managed services for enterprise and public-sector clients. Its portfolio spans cloud platforms (Microsoft Azure, AWS via CirrusHQ, Google Cloud), Microsoft 365, ServiceNow, DevOps, data analytics, cybersecurity, and application modernization, supplemented by proprietary software products — Sword Phusion, Sword Tell, Sword Venue (sport event mapping), Sword Aequos, and Sword WebTransfer — and proprietary frameworks such as the Tillit transformation roadmap and the WoW Centre Change Hub.
The company generates revenue across three streams: professional services (consulting and implementation on a project basis), managed services (recurring service desk, platform, and infrastructure outsourcing), and software products (licensing/subscription). Sword sells primarily through a direct, consulting-led enterprise field-sales motion supported by 15+ regional offices across Europe, the Middle East, Asia Pacific, and North America, with co-sell leverage from flagship partnerships with Microsoft (Gold Partner, 11 years), AWS (Premier Consulting Partner via CirrusHQ), and ServiceNow. Its customer base of 1,000+ organizations across 50 countries spans energy (Shell, BP, EnQuest, Harbour Energy), government (EU institutions, Bank of England, HMRC, Ministry of Justice), sports (UEFA, WADA), aerospace/defense (NASA, US Air Force), manufacturing (Rolls-Royce), construction (Skanska), retail (Greggs, River Island), and insurance (Generali).
Sword's growth model is acquisition-led, with bolt-ons adding regional presence and capability depth — CirrusHQ (Edinburgh, AWS Premier), Full On Net (Madrid, data science/AI), INCOR (Bern, Swiss government), and Ping Network Solutions (Glasgow, networking). Reported revenue reached €357.7 million in 2025, with Q3 2025 consolidated revenue of €91.2 million representing 13.2% year-over-year growth, and a major 4-year €93 million eu-LISA framework contract for the EU Entry/Exit System demonstrating trusted-partner status with European institutions.
Sword firmographics
Firmographics- Name
- Sword
- Legal name
- Sword Group SE
- Website
- http://www.sword-group.com
- Company type
- Public
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Sword Group SE is a Luxembourg-based, Euronext-listed IT services firm delivering digital transformation, cloud, managed services, and proprietary software to 1,000+ enterprise and government clients across 50 countries.
- Ownership category
- akta.pro rank
Where Sword is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices7 records
Markets served
Sword business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Professional Services: Consulting and implementation services for digital transformation, cloud migration, application development, cybersecurity, and IT modernization. Project-based engagements with enterprise clients.
- Managed Services: Ongoing IT support, service desk outsourcing, platform and application management, and infrastructure management. Recurring revenue from long-term client relationships.
- Software Products: Proprietary software products including Sword Phusion, Sword Tell, Sword Venue, Sword Aequos, and Sword WebTransfer. May include licensing and support revenue.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Project-based professional services |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Sword product offering
Product offeringCore offering
Sword Group delivers end-to-end IT and digital transformation services to enterprise and government clients, spanning consulting, cloud migration, application modernization, data analytics, cybersecurity, and managed services. Its portfolio also includes proprietary software products (Sword Phusion, Sword Tell, Sword Venue, Sword Aequos, Sword WebTransfer) and specialized capabilities in sports, energy, and public sector technology. Revenue is generated through project-based professional services engagements and recurring managed services contracts.
Differentiator
Problem solved
Functional benefit
Brands
- Sword Phusion: Business application software product
- Sword Tell
- Sword Venue
- Sword Aequos
- Sword WebTransfer
Products and services
- Sword Phusion Proprietary business application software within Sword's software portfolio, sold as a standalone licensed product.
Quantifiable outcome
- Revenue increased 13.2% to €91.2 million in Q3 2025
- +3 more outcomes
Companies that use Sword
Customer profileNamed customers24 records
Segments6 records
Ideal customer profiles4 records
Sword technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability8 records
Feature9 records
Sword partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered flagship, core and minor.
- eu-LISAflagshipSword Services Greece leading a consortium with Netcompany and Sopra Steria awarded €93 million framework contract for EU Entry/Exit System development and maintenance. Four-year contract covering application design, development, testing, and maintenance of EES Core, Webservices, Shared Components, and API/PNR elements.
- ElementzcorePartnership to accelerate development of next-generation subsea solutions. Sword's development experts combined with Elementz's team to scale product development for Elementz's AI-driven Tide Breaker platform. Aberdeen-based company experiencing unprecedented demand for subsea integrity and inspection software.
- NetcompanycoreConsortium partner with Sword Services Greece and Sopra Steria for eu-LISA €93M framework contract for EU Entry/Exit System.
- Sopra SteriacoreConsortium partner with Sword Services Greece and Netcompany for eu-LISA €93M framework contract for EU Entry/Exit System.
- MicrosoftflagshipGold Microsoft Partner with 11 years of experience. Expertise in Microsoft 365, Azure, and on-premise infrastructure. Specializes in Microsoft Managed Services, Azure migration, and ServiceNow integration.
- AWScoreAWS Premier Consulting Partner. Edinburgh-based CirrusHQ, an AWS Premier Consulting and Solution Provider partner, acquired by Sword Group to strengthen multi-cloud and hybrid capabilities.
- ServiceNowflagshipServiceNow Specialist Partner. Provides end-to-end digitalization of service management processes using ServiceNow platform with teams based in Switzerland, Canada, and India.
- VenturelabminorPartner for Sword Startup Challenge innovation competition, organizing Swiss innovation competition for wealth management solutions.
Scale indicators10 records
Recent moves6 records
Expansion highlights5 records
Sword competitors and assessment
Company assessmentEmerging players
- Devoteam: European IT consultancy focused on cloud, data, and cybersecurity with strong ties to AWS and Google Cloud. Comparable to Sword in scale and hyperscaler-led go-to-market.
- Thoughtworks: Global technology consultancy specialising in digital transformation, cloud, and data engineering. Comparable to Sword's digital services and agile product development offerings for enterprise clients.
Broad incumbents
- Accenture: Largest global IT services and consulting firm. Competes with Sword across digital transformation, cloud, data/AI, and managed services for enterprise and public-sector clients worldwide.
- Tata Consultancy Services (TCS): Global IT services and consulting giant. Competes with Sword in enterprise digital transformation, managed services, and application modernisation at much larger scale.
- Capgemini: Global IT services and consulting leader. Overlaps with Sword across cloud, data, digital transformation, and managed services for enterprise and government clients, but at much larger scale.
- Atos: European-headquartered IT services incumbent with comparable digital transformation, cloud, cybersecurity, and public-sector offerings, operating at significantly larger scale than Sword.
Direct peers
- CGI Group: IT and business consulting services firm with strong government and regulated-industry focus. Closely comparable to Sword's mix of enterprise digital transformation and public-sector IT modernisation work.
- Netcompany: Northern European IT services and digital transformation firm. Direct comparable in size and focus on government digital services; already a Sword consortium partner on eu-LISA.
- Sopra Steria: European-headquartered IT services and digital transformation firm. Directly comparable to Sword in scale, government focus, and digital transformation offerings; notably already partnered with Sword in the eu-LISA consortium.
Regional players
- Capita: UK-headquartered IT and business services firm with strong government and digital transformation focus. Comparable to Sword's UK public-sector work (Bank of England, HMRC) but with broader BPO exposure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Sword social profiles
Digital presenceSword financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sword leadership team
Management profileNumber of profiles
Profiles7 records
Sword subsidiaries and ownership
Company hierarchySubsidiaries4 records
Sword funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sword M&A and investment
M&A and investmentM&A20 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sword
What does Sword do?
Sword Group delivers end-to-end IT and digital transformation services to enterprise and government clients, spanning consulting, cloud migration, application modernization, data analytics, cybersecurity, and managed services. Its portfolio also includes proprietary software products (Sword Phusion, Sword Tell, Sword Venue, Sword Aequos, Sword WebTransfer) and specialized capabilities in sports, energy, and public sector technology. Revenue is generated through project-based professional services engagements and recurring managed services contracts.
Is Sword a public or private company?
Sword is a public company. It is classified as public and is currently operating.
When was Sword founded?
Sword was founded in 2000. It employs 1,001 to 5,000 people.
Where is Sword based?
Sword is headquartered in New York, United States, in the North America region.
How does Sword make money?
Three revenue lines are on record. Professional Services are the primary driver. The others are managed Services and software Products.
Who are Sword's main competitors?
Emerging players on record are Devoteam and Thoughtworks. Broad incumbents are Accenture, Tata Consultancy Services (TCS), Capgemini and Atos. Direct peers are CGI Group, Netcompany and Sopra Steria. Capita is listed as a regional player.
Does Sword have an API?
No public API is recorded for Sword.