ioco

What ioco does

iOCO Limited is a South African JSE-listed technology services group (formerly EOH, rebranded December 2024) that delivers enterprise IT and digital transformation services to more than 4,000 clients across 40+ countries, with direct offices in South Africa, the United Kingdom, Switzerland, Germany, the Czech Republic, the UAE, and Saudi Arabia. The company employs 4,500+ professionals and operates in nine primary verticals: financial services, public sector, mining/metals/minerals, energy and utilities, manufacturing, agriculture, retail/e-commerce, transportation and logistics, and communications/service providers.

The company's portfolio is organised around eight solution areas — Business Applications and ERP (SAP, Oracle, SYSPRO, Infor, Acumatica, CCH Tagetak, Jedox), Cloud and AI Services, Cybersecurity and Risk Management, Industrial and OT Solutions (AVEVA-based), Data and Automation, Human Capital and Talent, Specialised Advisory, and a set of proprietary and acquired IP-led products including DIMPL (digital identity/KYC), AuthentIQ LVA (voice analytics), NAMAA (smart agriculture), ecWIN (smart metering), VeriX/Veritas (fraud prevention), DOCS2DATA (automation), eBrixx (learning), MPC Connect (outsourcing), and Hoverfly Cloud (API simulation).

Revenue is generated through four streams: time-and-materials professional services, recurring managed IT and infrastructure services, ERP software sale and implementation, and cloud/AI subscription-style engagements, all delivered through direct enterprise field sales and co-sell channels with global technology vendors including AWS, SAP, Oracle, Microsoft, HPE, Broadcom/Symantec, and AVEVA. Reported HY2026 (six months to 31 January 2026) revenue was R2.82 billion with R180M profit after tax (up 45.6% YoY) and ROE sustained above 40%.

Name

ioco

Legal name

iOCO Limited

Website

https://ioco.tech

Company type

Public

Founded year

1997

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

iOCO is a South African JSE-listed technology services group that delivers cloud, AI, cybersecurity, ERP, industrial OT, and managed IT services to 4,000+ enterprise and public sector clients across 40+ countries using 4,500+ professionals and a global vendor partnership ecosystem.

Ownership category

akta.pro rank

Product category

Enterprise Technology Services

NAICS

Computer Systems Design and Related Services (54151), Custom Computer Programming Services (541511), Software Publishers (51321)

SIC

Services-Computer Integrated Systems Design (7373), Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Identity & Access Management (IAM) Managed Services (BPAEADAE)

akta.pro secondary industries

Instrumentation, Controls & Automation Engineering Consulting (BPAHAIAM), iBPMS (Intelligent BPM Suites) & Process Automation Suites (HDAEAHAG), Endpoint & Mobile Asset Management (UEM/MDM Asset Controls) (BPAEAOAI)

Keywords

• Enterprise technology services
• Cloud and AI services
• ERP implementation
• Managed IT services
• Cybersecurity solutions

Headquarters

HQ city

Bedfordview

HQ country

South Africa

HQ region

Africa

Offices12 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Technology Services and Consulting: iOCO generates revenue through providing comprehensive technology services including cloud strategy, ERP implementation, cybersecurity, managed services, and digital transformation consulting to enterprise and public sector clients.
2. Managed IT and Infrastructure Services: Recurring revenue from managed IT services, IT-as-a-Service (ITaaS), and infrastructure management delivered on an ongoing basis.
3. Software and ERP Solutions: Revenue from selling, implementing, upgrading, modernizing, supporting and maintaining ERP solutions including SAP, Oracle, SYSPRO, Infor, and Acumatica.
4. Cloud and AI Services: Revenue from cloud strategy, migration, multi-cloud management, FinOps, and AI enablement services.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

iOCO is a technology services provider delivering end-to-end enterprise solutions spanning Business Applications & ERP (SAP, Oracle, Infor, SYSPRO, Acumatica), Cloud & AI Services (multi-cloud strategy, FinOps, AI enablement), Cybersecurity & Risk Management, Industrial & OT Solutions (AVEVA), Data & Automation, Human Capital & Talent Solutions, Specialised Advisory Services, and Managed IT Services. The offering includes a set of proprietary platforms (DIMPL digital identity, AuthentIQ voice analysis, NAMAA smart agriculture, ecWIN smart metering, VeriX/Veritas fraud prevention, DOCS2DATA automation) sold and delivered to 4,000+ enterprise and public sector clients across 40+ countries.

Product overview

iOCO is a technology services provider offering a platform-plus-modules architecture spanning eight core solution areas: Business Applications & ERP (SAP, Oracle, Infor, SYSPRO, Acumatica, CCH Tagetik, Jedox), Cloud & AI Services (multi-cloud management, FinOps, AI enablement), Cybersecurity & Risk Management, Industrial & OT Solutions (AVEVA, specialized engineering), Data & Automation, Human Capital & Talent Solutions, and Specialised Advisory Services. The portfolio includes proprietary products such as NAMAA smart agriculture platform, ecWIN smart metering, VeriX & Veritas fraud prevention, DOCS2DATA automation, eBrixx learning platform, and MPC Connect outsourcing solutions, as well as acquired products including DIMPL digital identity management (built on ROC's Vision AI), AuthentIQ voice analysis, and Hoverfly Cloud software development tools. The company operates across AWS, Azure, and GCP cloud environments and serves clients in 40+ countries.

Differentiator

Problem solved

Functional benefit

Brands

• iOCO Enterprise: ERP cluster within iOCO focused on selling, implementing, upgrading, modernising, supporting and maintaining modern ERP solutions including SAP, Oracle, Syspro, Infor and Acumatica.
• iOCO Cloud
• DIMPL
• AuthentIQ
• NAMAA
• ecWIN
• eBrixx
• VeriX
• Veritas
• MPC Connect
• Simplexity
• Fluent Pay
• ASSET Technology Group

Products and services

• Business Applications & ERP Enterprise Resource Planning and Enterprise Performance Management solutions including SAP, Oracle, Infor, SYSPRO, Acumatica, CCH Tagetik, and Jedox — providing unified operations spanning finance, HR, supply chain, and manufacturing for enterprises and public sector.
• Cloud & AI Services End-to-end cloud services including cloud strategy and transformation, unified multi-cloud management, FinOps and cloud cost optimization, DevOps enablement, platform modernization, and AI enablement — built on AWS, Azure, and GCP partnerships.
• Cybersecurity & Risk Management Comprehensive security suite including managed security services, fraud prevention and AML, GRC platforms, application security, data protection, next-gen cloud security, and Broadcom/Symantec Security Suite integration for enterprise customers.
• Industrial & OT Solutions Expert engineering solutions for industrial operations including AVEVA Industrial Software Suite, digital radio and wireless, asset and infrastructure management, energy and power management, OT cybersecurity, SCADA/MES, and specialized engineering services for mining, energy, utilities, and manufacturing.
• Data & Automation Data lifecycle solutions spanning data management and engineering, intelligent automation, analytics and reporting, data strategy and governance, and AIOps, transforming raw data into actionable intelligence for enterprise customers.
• Human Capital & Talent Solutions Workforce solutions including HCM and payroll management, analytics and reporting, workforce management, and skills development for managing complex learning initiatives.
• Specialised Advisory Services Expert advisory services including business and technology strategy, architecture and solution design, GRC advisory, innovation services, project assurance, and business legal advisory for enterprise and public sector clients.
• iOCO Managed IT Services / IT-as-a-Service (ITaaS) Recurring managed IT, infrastructure, and XaaS services delivered on an ongoing basis, transforming IT from capital-intensive spend to an operational expense model for enterprise customers.
• DIMPL Digital Identity Management Platform Sovereign KYC platform built on ROC's Vision AI technology providing biometric verification (face recognition, liveness detection, deepfake detection, fingerprint recognition), fraud prevention, and data sovereignty for banking, insurance, healthcare, and telecoms.
• AuthentIQ Layered Voice Analysis (LVA) Voice analysis technology for call centre quality assurance, recruitment screening, and insurance fraud detection — analyzes vocal physiology and emotional signals rather than spoken words, with real-time visual feedback.
• NAMAA Smart Agriculture Platform Proprietary smart agriculture platform providing tools to optimize resource usage, enhance crop yields, improve sustainability, and deliver mission-critical connectivity in remote locations for agribusiness customers.
• ecWIN Smart Metering Proprietary smart metering solution for the utilities sector enabling granular consumption insights and grid management capabilities.
• VeriX and Veritas Fraud Prevention Proprietary risk and fraud prevention platforms for communications and service provider customers, providing real-time fraud detection across telecom and enterprise risk management use cases.
• MPC Connect Outsourced business processes solution for operational efficiency delivered to enterprise customers.
• Simplexity and Fluent Pay Proprietary payroll outsourcing solutions for streamlined payroll management across multi-country enterprise environments.
• eBrixx Learning and Development Proprietary learning and development platform for workforce skills development and training programs.
• DOCS2DATA Intelligent Automation Proprietary intelligent automation solution for streamlining processes and automating manual tasks across enterprise document workflows.
• Hoverfly Cloud Software development API simulation and testing capability enabling delivery of high-quality software for clients in financial services and retail.
• ASSET Technology Group Software Portfolio Middle East software vendor providing proprietary software in content management, telecom, and smart agriculture (ASSET was founded 1991 and pioneered the world's first Arabic OCR system in 1993).
• Testing AI Fundamentals E-learning Course E-learning course aligned with ISTQB standards for upskilling QA testers and IT professionals in AI systems testing, addressing challenges of data drift, bias, and hallucinations.

Quantifiable outcome

• Reduced customer registration time from 20-30 minutes to 2-3 minutes
• +4 more outcomes

Named customers3 records

Segments9 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability12 records

Feature6 records

Partnerships

Eleven partnerships are on record, tiered core.

• Amazon Web Services (AWS)coreTechnology or Integration · 17 February 2026Multi-layered strategic partnership with AWS anchoring iOCO's expansion into Saudi Arabia to help organizations accelerate cloud adoption and deliver digital transformation outcomes. The partnership supports Saudi Arabia's Vision 2030 objectives through local delivery capability and regional partnerships.
• PortfolioTechcoreStrategic or Co-development Partner · 29 January 2026Strategic alliance with Egypt-based cloud-native-first PortfolioTech to accelerate cloud-first adoption in the Middle East and North Africa (MENA) region, combining iOCO's enterprise technology capabilities with PortfolioTech's cloud-native expertise.
• BARQ SystemscoreStrategic or Co-development Partner · 29 January 2026Strategic alliance with BARQ Systems, a leading IT services provider in the Middle East, to form a comprehensive partnership accelerating cloud-first adoption in MENA through combined capabilities and regional market presence.
• SAPcoreTechnology or IntegrationSAP partner providing enterprise ERP solutions implementation, upgrade, modernization, support and maintenance services across cloud and on-premises deployments.
• OraclecoreTechnology or IntegrationOracle partner delivering Oracle Fusion and NetSuite ERP solutions with cloud suites and value stream management capabilities.
• MicrosoftcoreTechnology or IntegrationMicrosoft partner providing Azure-based solutions, Microsoft 365 security, Power Platform, and enterprise technology implementations.
• Broadcom (Symantec)coreTechnology or IntegrationBroadcom/Symantec Security Suite partner providing next-gen cloud security, application security, data protection, and cybersecurity solutions.
• Hewlett Packard Enterprise (HPE)coreChannel Partner/ Reseller/ DistributorHPE partner recognized at HPE Partner Awards, providing data centre infrastructure, EUC, MPS, and enterprise systems monitoring solutions.
• AVEVAcoreTechnology or IntegrationAVEVA partner providing industrial software suite, asset performance management (APM), industrial automation & control (SCADA/MES) for utilities and industrial operations.
• ROC (Recognition Optical Character)coreTechnology or IntegrationROC provides Vision AI technology powering iOCO's DIMPL Digital Identity Management Platform. ROC ranks top in NIST evaluations and holds certifications including iBeta Level 2 PAD, GDPR alignment, and MOSIP certification.
• AuthentIQcoreTechnology or IntegrationAuthentIQ LVA (Layered Voice Analysis) technology partnership for call centre quality assurance, recruitment screening, and insurance fraud detection applications.

Scale indicators14 records

Recent moves7 records

Expansion highlights6 records

Regional players

• Liquid Intelligent Technologies: African fibre and cloud/managed services provider spanning the continent with enterprise and wholesale offerings — competes with iOCO for connectivity, managed services, and cloud transformation deals in African enterprises.
• T-Systems South Africa: Subsidiary of Deutsche Telekom delivering ICT services, cloud, SAP, and managed infrastructure to South African enterprises and public sector — directly comparable in scale and customer mix to iOCO's IT services portfolio.
• Cassava Technologies: Africa-focused technology group (Strive Masiyiwa) providing fibre networks, data centres, cloud, and digital services across the continent — comparable African ICT infrastructure and managed services footprint to iOCO.

Broad incumbents

• Accenture: Global IT services and consulting leader with active South African practice delivering cloud, AI, cybersecurity, and ERP — competes for the same large enterprise and public sector transformation engagements as iOCO, with vastly greater scale.
• Capgemini: Global IT services and digital transformation firm with cloud, SAP, and engineering capabilities — comparable broad enterprise transformation offering to iOCO, particularly in mining, energy, and financial services verticals.
• Infosys: Global IT services major with growing African presence delivering cloud, AI, and enterprise application services — competes for the same offshore-and-onshore managed services engagements as iOCO.

Others

• Siemens Digital Industries: Industrial automation, OT, and digital twin technology vendor — strategic partner and adjacent player in iOCO's Connected Industrial Ecosystems division, where iOCO serves as system integrator for Siemens/AVEVA-based mining and energy deployments.

Direct peers

• BCX (Telkom Business): South African enterprise ICT solutions and managed services provider within Telkom Group, competing directly with iOCO in networking, cloud, data centres, and digital transformation across Southern Africa.
• Dimension Data / NTT Data: Global ICT services and solutions provider with strong African heritage, offering cloud, networking, cybersecurity, and managed services — competes head-to-head with iOCO in enterprise and public sector across Africa (former employer of iOCO board member Nompumelelo Mokou).
• Altron: JSE-listed ICT services and technology group offering managed services, cloud, cybersecurity, and ERP across Africa — direct public-market competitor to iOCO with similar vertical exposure and enterprise/government customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ioco
• Xx.com/iOCO_Tech
• Facebookfacebook.com/iOCO.Tech

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries3 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 ioco