Profinit
Profinit is a Central European IT services firm delivering custom software development, systems modernization, data management, and AI/data science solutions to enterprise clients in financial services, telecommunications, and life sciences across Czechia, Slovakia, Germany, and the UK.
- Company typePrivate
- Founded1998
- HeadquartersPrague, Czechia
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Profinit does
Profinit is a Central European IT services firm founded in 1998 in Prague, operating across 6 branches in the Czech Republic, Slovakia, and Germany with 650+ IT professionals, 84% of whom are senior-level engineers. The company builds custom technology solutions for enterprise clients in financial services, telecommunications, and life sciences, with a stated average client tenure exceeding 10 years and a customer base spanning Raiffeisenbank, KBC/ČSOB, Komerční banka (Société Générale), Erste Group/Česká spořitelna, Berenberg, BNP Paribas Cardif, Equa bank, Amplifi Capital, O2, T-Mobile, Vodafone, CEZ Group, and Prague Airport.
The service portfolio is organized into four pillars — SW Engineering (custom development and systems modernization), Artificial Intelligence (AI assistants, AI testing, custom AI solutions), Data & Analytics (data foundation, BI, data warehouses, cloud), and industry Solutions (digital banking, dynamic pricing, Creatio CRM) — augmented by proprietary accelerators including DATA FRAME (metadata-driven data platform automation), AcceptAI (predictive campaign targeting), Legal Agents (contract/document analysis), and Evalmy.AI (AI-output validation via C3-Score). Technology is built primarily on mainstream enterprise stacks (.NET, Java, Kotlin/Spring, Angular, React, Python, Apache Spark, Hadoop) integrated with AWS, Azure, Snowflake, Databricks, and NVIDIA ecosystems, and increasingly layered on OpenAI/Azure-hosted LLMs for generative AI applications.
Revenue is generated almost entirely through professional services engagements — fixed-scope projects, dedicated team augmentation, and multi-year enterprise contracts — delivered under a nearshore model that the company positions at 40-50% cost savings versus Western European providers. Pricing is quote-based and non-public. As of 2025, Profinit has been acquired by Amdocs and now operates as Amdocs' European IT services hub within Amdocs Studios, retaining its teams, client relationships, and brand-led presence while gaining access to Amdocs' global cloud, data, AI, and customer experience portfolio (including amAIz agents). The company holds ISO 27001, ISO 9001, ISO 20000-1, and PRINCE2 certifications, and is recognized by Gartner as a leading vendor in legacy infrastructure and application migration.
Profinit firmographics
Firmographics- Name
- Profinit
- Legal name
- Profinit EU, s.r.o.
- Website
- https://profinit.eu
- Company type
- Private
- Founded year
- 1998
- Operating status
- Acquired
- Headcount range
- 501–1,000 employees
- Short description
- Profinit is a Central European IT services firm delivering custom software development, systems modernization, data management, and AI/data science solutions to enterprise clients in financial services, telecommunications, and life sciences across Czechia, Slovakia, Germany, and the UK.
- Ownership category
- akta.pro rank
Profinit industry classification
Industry- Product category
- Enterprise IT Services
- NAICS
- Custom Computer Programming Services (541511), Computer Systems Design Services (541512), Computer Systems Design and Related Services (54151), Management Consulting Services (54161)
- SIC
- Services-Computer Programming Services (7371), Services-Computer Programming, Data Processing, Etc. (7370), Services-Management Consulting Services (8742)
- akta.pro primary industry
- Data, Analytics & AI Consulting (BPAHAEAF)
- akta.pro secondary industries
- AI/ML Engineering & Model Development Services (BPAEAHAF), Industry/Domain Analytics Solutions & Accelerators (BPAEAHAK), ERP, CRM & Enterprise Applications Consulting (BPAHAEAI)
Keywords
Where Profinit is headquartered
LocationHeadquarters
- HQ city
- Prague
- HQ country
- Czechia
- HQ region
- Europe
Offices3 records
Markets served
Profinit business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Custom Software Development Services: Bespoke software development services for enterprise clients, including full project lifecycle from business analysis through deployment and ongoing operations. Delivered as fixed-scope engagements or dedicated team augmentation.
- Systems Modernization: Legacy systems modernization services including incremental upgrades, cloud migration, and application consolidation. Recognized by Gartner as leading vendor in legacy infrastructure and application migration.
- AI & Data Science Solutions: AI assistants, custom AI solutions, AI testing, and data science consulting. Includes proprietary accelerators like AcceptAI, Evalmy.AI, and Legal Agents. Delivered with 10+ years of ML expertise.
- Data & Analytics Services: Data foundation, business intelligence, data warehouses, and cloud solutions. 15+ years of proven expertise across banking and regulated industries. Includes metadata-driven automation approach.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise Custom Development |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
Profinit product offering
Product offeringCore offering
Profinit designs and delivers custom technology solutions for enterprises, organized into four service areas: SW Engineering (custom software development and systems modernization), Artificial Intelligence (AI assistants, AI testing, custom AI solutions), Data & Analytics (data foundation, business intelligence, data warehouses, cloud solutions), and Solutions (digital banking, dynamic pricing, Creatio implementation). The firm complements these services with proprietary accelerators (Evalmy.AI, AcceptAI, Legal Agents, DATA FRAME) and serves financial services, telecommunications, life sciences, and other regulated industries across Europe.
Product overview
Profinit offers a portfolio of technology services organized into four main areas: SW Engineering (Custom Software Development, Systems Modernization), Artificial Intelligence (AI Assistants, AI Testing, Custom AI Solutions), Data & Analytics (Data Foundation, Business Intelligence, Data Warehouses, Cloud Solutions), and Solutions (Digital Banking, Dynamic Pricing, Creatio Implementation, Accelerators). The Accelerators include proprietary tools—Evalmy.AI for AI testing, AcceptAI for campaign targeting, Legal Agents for document analysis, DATA FRAME for data platform automation, and Manta for data lineage—delivered alongside Amdocs' amAIz agents for process automation. These form a modular suite where Profinit combines custom development, AI/ML capabilities, and data infrastructure to serve banking, telecommunications, life sciences, and insurance industries across Europe.
Differentiator
Problem solved
Functional benefit
Products and services
- Custom Software Development End-to-end custom software development services for enterprise clients covering business analysis, architecture, development, deployment, and ongoing operations, delivered with predictable outcomes.
- Systems Modernization Low-risk technology modernization using incremental approach to reduce technical debt, improve system stability, and scale enterprise technology; recognized by Gartner as a leading vendor in legacy infrastructure and application migration.
- AI Assistants
Quantifiable outcome
- 80% efficiency gains with AI assistants in production environments
- +9 more outcomes
Companies that use Profinit
Customer profileNamed customers15 records
Segments3 records
Ideal customer profiles3 records
Profinit technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability11 records
Feature6 records
Profinit partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered flagship, core, notable and minor.
- AmdocsflagshipAmdocs acquired Profinit in 2025 as part of its long-term strategy to strengthen data, AI, and engineering capabilities in Europe. Profinit operates as Amdocs' European IT services hub within Amdocs Studios. Clients gain access to Amdocs' global technology portfolio, cloud, data, AI, customer experience, and quality engineering capabilities.
- DatabrickscorePartnership enables streamlining data architecture, implementing strong machine learning, and accelerating AI adoption. Profinit's Databricks expertise supports enterprise data modernization projects.
- SnowflakecorePartnership provides scalable, secure Snowflake solutions for data operations and real-time analytics. Profinit's Snowflake expertise helps modernize data infrastructure and generate instant value from data assets.
- AWScorePremier Tier Services partner with over 300 certifications. Profinit's AWS partnership supports GenAI implementations, data modernization, and cloud-native transformations. Deep expertise in optimizing critical workloads.
- MicrosoftcoreSolutions Partner with Azure professional certifications in Digital & App Innovation, Infrastructure, Data & AI. Profinit delivers cloud solutions and Power BI implementations leveraging Microsoft ecosystem.
- NVIDIAcorePartnership leverages NVIDIA's full-stack foundry service and AI Foundation Models for enterprise AI solutions. Profinit delivers custom AI development and optimized inference deployment using NVIDIA technology.
- IBMnotableManta, originally developed by Profinit in 2008-2009, was acquired by IBM in 2023. Manta provides automated data lineage and is now part of IBM's data governance portfolio.
- CreatiocoreOne of two Global System Integrators for Creatio in Central Europe. Profinit implements and supports the no-code CRM platform enabling teams to move faster without developer dependencies.
- QlikcoreProfinit's Qlik expertise turns complex data into actionable business insights. Provides self-service analytics solutions for enhanced operations transparency and faster decision-making.
- Charles UniversitynotableResearch partnership for financial neural network research completed in 2019. Collaboration with university researchers enhances ML methodology development.
- CTU in Prague (Faculty of Information Technology)minorAcademic partnership for innovation and knowledge development in technology.
- VŠE (Faculty of Informatics and Statistics)minorAcademic partnership for data science and analytics education and research.
- GartnernotableRecognized by Gartner as leading vendor in legacy modernization and application migration. Featured in Gartner reports on Accelerated Technology Modernization.
Scale indicators16 records
Recent moves10 records
Expansion highlights6 records
Profinit competitors and assessment
Company assessmentDirect peers
- GlobalLogic: Global nearshore IT services firm with deep CEE delivery (Ukraine, Poland, Romania, Czech Republic) offering custom software development, data, and AI engineering—same nearshore cost-arbitrage thesis and enterprise customer base as Profinit.
- Intellias: Ukrainian-rooted nearshore software engineering and data services firm serving European enterprises in banking, fintech, telecom, and automotive—comparable size, geography mix, and enterprise service portfolio to Profinit.
- Thoughtworks: Global technology consultancy delivering custom software, data engineering, and AI/ML solutions to enterprises in financial services—directly comparable in custom SW plus AI services orientation.
- DataArt: US-headquartered but with deep CEE/EMEA nearshore delivery roots, providing custom software development and data/AI solutions to financial services, healthcare, and media—same nearshore-to-US/EU model as Profinit.
- McKinsey QuantumBlack: McKinsey's AI and data consulting arm delivering bespoke ML solutions to banks, insurers, and industrial enterprises—directly comparable in advanced analytics consulting for regulated industries.
- TietoEVRY: Nordic-headquartered IT services and software firm with strong presence in banking and financial services data platforms and modernization—a clear regional peer to Profinit's CEE-led banking services franchise.
Broad incumbents
- EPAM Systems: Global IT services and digital engineering leader with major nearshore CEE delivery footprint and deep financial services practice—broader and larger than Profinit, serving as a natural peer on legacy of east-to-west nearshore services.
- Capgemini Engineering: Global IT services and digital transformation major serving European banks and insurers with data, AI, and modern engineering services—much larger and broader than Profinit but directly competes in the same enterprise banking transformation RFPs.
- Accenture Technology Services: Largest global IT and consulting services firm with deep financial services practice across data, AI, and legacy modernization—represents the upper bound incumbent Profinit is differentiated against.
Emerging players
- Fortech: Romanian nearshore IT services and software development firm with similar size and CEE delivery model—competes head-to-head with Profinit for Western European custom development and data engineering engagements.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Profinit social profiles
Digital presenceProfinit compliance and trust
Trust signalCompliance4 records
Profinit financial estimates
Financial estimateRevenue estimate
Valuation estimate
Profinit leadership team
Management profileNumber of profiles
Profiles17 records
Profinit funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Profinit M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Profinit
What does Profinit do?
Profinit designs and delivers custom technology solutions for enterprises, organized into four service areas: SW Engineering (custom software development and systems modernization), Artificial Intelligence (AI assistants, AI testing, custom AI solutions), Data & Analytics (data foundation, business intelligence, data warehouses, cloud solutions), and Solutions (digital banking, dynamic pricing, Creatio implementation). The firm complements these services with proprietary accelerators (Evalmy.AI, AcceptAI, Legal Agents, DATA FRAME) and serves financial services, telecommunications, life sciences, and other regulated industries across Europe.
Is Profinit a public or private company?
Profinit is a private company. It is classified as corporate owned and is currently acquired.
When was Profinit founded?
Profinit was founded in 1998. It employs 501 to 1,000 people.
Where is Profinit based?
Profinit is headquartered in Prague, Czechia, in the Europe region.
How does Profinit make money?
Four revenue lines are on record. Custom Software Development Services are the primary driver. The others are systems Modernization, AI & Data Science Solutions and data & Analytics Services.
Who are Profinit's main competitors?
Direct peers on record are GlobalLogic, Intellias, Thoughtworks, DataArt, McKinsey QuantumBlack and TietoEVRY. Broad incumbents are EPAM Systems, Capgemini Engineering and Accenture Technology Services. Fortech is listed as an emerging player.
Does Profinit have an API?
No public API is recorded for Profinit.
What industry is Profinit in?
Profinit's product category is Enterprise IT Services. Its primary akta.pro industry code is BPAHAEAF, Data, Analytics & AI Consulting, with a secondary code of BPAEAHAF, AI/ML Engineering & Model Development Services. Its NAICS code is 541511 and its SIC code is 7371.