Evolutio
Evolutio is a Madrid-based managed cloud, cybersecurity, and connectivity services provider serving enterprise and government clients in Spain, formed in 2020 as a spin-off from BT and owned by Portobello Capital.
- Company typePrivate
- Founded2020
- HeadquartersMadrid, Spain
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Evolutio does
Evolutio Cloud Enabler S.A.U. is a Madrid-headquartered managed cloud, cybersecurity, and connectivity services provider serving enterprise and public-sector clients in Spain. The company was created in 2020 as a spin-off from BT's Spanish operations and is owned by Spanish private equity firm Portobello Capital. It operates with a workforce of 1,300+ employees and has retained over 85% of BT's former Spanish customer portfolio, giving it a starting position anchored in long-tenured enterprise and government relationships under regulatory certifications including Spain's National Security Framework (ENS) and LEET Security scheme.
Its core offerings span cloud and AI platforms (consulting, migration, multi-cloud management, hybrid cloud orchestrated through the proprietary Route2Cloud methodology), cybersecurity (the Next Generation SOC operating 24x7 with threat detection and incident response), connectivity and infrastructure (the QUEEN network and SD-WAN), and digital experience (the AIX – Agentic Intelligent Experience platform). Supporting capabilities include the Hub de IA applied AI unit and the IDOC integrated operations center that consolidates SOC, network, and cloud management into a unified delivery construct.
Evolutio generates revenue primarily through multi-year managed services contracts, project-based transformation engagements, and platform subscriptions sold to enterprise and government clients. Go-to-market is direct, relying on public-sector tenders in Spain and enterprise sales, underpinned by partner status across hyperscalers (AWS, Microsoft Azure, Google Cloud, Oracle), infrastructure vendors (Cisco, Equinix), and an SAP delivery partnership via Techedge. The business model is integration-led rather than IP-licensed: revenue scales with headcount and managed contract volume rather than software unit economics.
Evolutio firmographics
Firmographics- Name
- Evolutio
- Legal name
- Evolutio Cloud Enabler S.A.U.
- Website
- https://evolutio.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Evolutio is a Madrid-based managed cloud, cybersecurity, and connectivity services provider serving enterprise and government clients in Spain, formed in 2020 as a spin-off from BT and owned by Portobello Capital.
- Ownership category
- akta.pro rank
Where Evolutio is headquartered
LocationHeadquarters
- HQ city
- Madrid
- HQ country
- Spain
- HQ region
- Europe
Offices1 record
Markets served
Evolutio business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales, Supply Chain
Revenue model
- Managed Cybersecurity Services: Advanced cybersecurity services including SOC operations, threat detection, threat hunting, digital surveillance, and managed security services supported by intelligent platform for automation and orchestration.
- Cloud Services: Integration and management of hybrid and multicloud platforms including consulting, migration, and ongoing operation services.
- Connectivity and Network Services: Network modernization services including SD-WAN, EDGE, hybrid networks, and connectivity solutions. Includes colocation and private cloud infrastructure.
- Digital Experience (AIX): Contact center cloud, conversational AI, digital workplace, voice automation, and customer experience optimization solutions.
- Application Modernization: Data architecture transformation, agile operation of data structures and applications, and business monitoring analytics.
- Professional Services: Technical consulting, implementation, and specialized services delivered through technical offices at client premises.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
Evolutio product offering
Product offeringCore offering
Evolutio provides managed cloud, cybersecurity, connectivity, and digital experience services to large enterprises and public administration clients, primarily in Spain. Its offering combines hybrid and multicloud consulting and operations, a 24x7 Next Generation SOC, proprietary network (QUEEN) and operations (IDOC) technology, AI-driven digital experience (AIX), and on-site technical offices that deliver and operate services directly at client premises.
Product overview
Evolutio offers a comprehensive portfolio of enterprise technology solutions organized around four core solution areas: Cloud & AI Platforms (cloud consulting, migration, multi-cloud management, and hybrid cloud infrastructure), Cybersecurity (security consulting, threat detection, and SOC services), AIX – Agentic Intelligent Experience (digital experience and CX solutions), and Connectivity & Infrastructure (network modernization including the proprietary QUEEN network solution). The portfolio is complemented by proprietary innovation capabilities including the Hub de IA for AI solution development, the IDOC (Intelligent Digital Operations Center) integrating SOC with NOC and Cloud Ops, the Route2Cloud methodology, and the Next Generation SOC for 24×7 cybersecurity protection. The company also provides proprietary-developed solutions integrating AI and advanced analytics, delivered through technical offices operating on client premises.
Differentiator
Problem solved
Functional benefit
Brands
- QUEEN - Quantum Enabled Enterprise Network: Quantum Enabled Enterprise Network solution for network modernization with SD-WAN and EDGE capabilities.
- Hub de IA
- IDOC - Intelligent Digital Operation Center
- Route2Cloud
- Evolutio Thinking Space
- Evolutio CERT
Products and services
- Cloud & AI Platforms
Quantifiable outcome
- 4,500 operators and 550 coordinators served at Tax Agency deployment
- +2 more outcomes
Companies that use Evolutio
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
Evolutio technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability2 records
Feature6 records
Evolutio partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Google CloudcoreEvolutio became one of the European partners of Google Cloud in implementing Google Kubernetes Engine in hybrid mode through the Anthos platform. Enables enterprises to deploy containerized applications across hybrid environments.
- TechedgecoreStrategic partnership for delivering SAP environments from a cloud-centric dimension. Combines Evolutio's multicloud services agility and flexibility with Techedge's SAP consulting expertise and global SAP environment management. Helps clients modernize SAP environments towards cloud-centric IT strategy, providing global response in Spain, Portugal, and LATAM.
- GlobalSuiteminorCollaboration enabling Evolutio to accompany companies in comprehensive management of technological risk, regulatory compliance, and digital resilience.
- BT (Former Parent)minorFormer parent company whose Spain business was sold to create Evolutio. Evolutio manages over 85% of BT's former client portfolio in Spain.
- EquinixcoreGlobal connectivity solution through Equinix ECX service to simplify and develop centralized TI infrastructure for distributed and connected concept. Enables low-latency private network connections to cloud providers (AWS, Azure, Google, OCI).
- Technology Partner EcosystemcoreEcosystem of technology partners including Akamai, Avaya, Amazon Web Services, BMC Software, Cisco, Dell Technologies, Enghouse Systems, Fortinet, Genesys, Google Cloud, HPE, McAfee, Microsoft, NetApp, Oracle, Palo Alto Networks, Salesforce, and Zoom. Partners used to deliver comprehensive solutions for cloud, security, and communications.
Scale indicators8 records
Recent moves7 records
Expansion highlights5 records
Evolutio competitors and assessment
Company assessmentDirect peers
- Telefónica Tech: Telefónica's B2B IT services arm providing cloud, cybersecurity, IoT, and big data services to enterprises and public sector across Spain. Direct head-to-head competitor in the Spanish enterprise managed services market with overlapping customer base and similar product portfolio.
- Indra: Spanish-headquartered IT services and consulting major serving enterprise and public administration. Direct competitor on Spanish government digital transformation deals and large enterprise cloud/cybersecurity contracts, with comparable scale and Iberian footprint.
Broad incumbents
- Capgemini Spain: Global SI with major Spanish practice offering cloud, cybersecurity, and managed services. Competes with Evolutio on multinational Spanish enterprise and public-sector digital transformation mandates, with broader geographic delivery capabilities.
- Accenture Spain: Global consulting and technology services giant with substantial Spanish operations. Competes for large Spanish enterprise and public-sector cloud and security transformation projects, offering deeper consulting bench and global delivery scale than Evolutio.
- T-Systems (Deutsche Telekom): European telco IT services subsidiary with managed cloud and cybersecurity offerings across Iberia. Compares on telco heritage, enterprise managed services focus, and Spanish/Portuguese market presence as another former-telecom carve-out competing for similar large accounts.
- Atos Spain: Global SI with significant Spanish practice delivering cloud migration, managed services, and cybersecurity to enterprise and public sector. Competes on similar large-scale transformation and managed infrastructure engagements within Spain.
- NTT Data Spain: Global IT services provider with growing Spanish practice offering cloud, networking, and cybersecurity. Competes for large Spanish enterprise and public-administration contracts similar to Evolutio, leveraging deeper international scale.
- Kyndryl: IBM-managed infrastructure services spin-off operating in Spain and globally. Comparable as a large telco/IT-infrastructure carve-out with managed services focus, hyperscaler partnerships, and enterprise/government customer base.
- DXC Technology: Global IT services company offering managed cloud, security, and workplace services to large enterprises. Comparable as a broad-scope managed services incumbent competing for similar enterprise transformation contracts across Iberia.
Emerging players
- Logicalis: International IT solutions and managed services provider with Iberian presence, focused on cloud, connectivity, and cybersecurity. Comparable as a niche integrator bridging hyperscaler partnerships and enterprise managed services for mid-to-large accounts in the same market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights8 records
Customer concentration
Evolutio social profiles
Digital presenceEvolutio compliance and trust
Trust signalCompliance2 records
Evolutio financial estimates
Financial estimateRevenue estimate
Valuation estimate
Evolutio leadership team
Management profileNumber of profiles
Profiles1 record
Evolutio funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Evolutio M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Evolutio
What does Evolutio do?
Evolutio provides managed cloud, cybersecurity, connectivity, and digital experience services to large enterprises and public administration clients, primarily in Spain. Its offering combines hybrid and multicloud consulting and operations, a 24x7 Next Generation SOC, proprietary network (QUEEN) and operations (IDOC) technology, AI-driven digital experience (AIX), and on-site technical offices that deliver and operate services directly at client premises.
Is Evolutio a public or private company?
Evolutio is a private company. It is classified as private equity controlled and is currently operating.
When was Evolutio founded?
Evolutio was founded in 2020. It employs 501 to 1,000 people.
Where is Evolutio based?
Evolutio is headquartered in Madrid, Spain, in the Europe region.
How does Evolutio make money?
Six revenue lines are on record. Managed Cybersecurity Services are the primary driver. The others are cloud Services, connectivity and Network Services, digital Experience (AIX), application Modernization and professional Services.
Who are Evolutio's main competitors?
Direct peers on record are Telefónica Tech and Indra. Broad incumbents are Capgemini Spain, Accenture Spain, T-Systems (Deutsche Telekom), Atos Spain, NTT Data Spain, Kyndryl and DXC Technology. Logicalis is listed as an emerging player.
Does Evolutio have an API?
No public API is recorded for Evolutio.