Infotel

What Infotel does

Infotel is a French IT services and software group founded in 1979 and listed on Euronext Paris (ticker: INF) since 1999. The company reported €294.5M in 2025 revenue across 3,100 employees and 730 clients, with Q1 2026 revenue of €81.9M (up 8.6% year-over-year) and headcount rising to 3,477 by March 2026. It is headquartered in Neuilly-sur-Seine and operates from 11 French regional offices plus international subsidiaries in the UK, Germany, Monaco, Canada, India, and Morocco, with a new Spanish subsidiary launched in 2026.

The company's offerings are split between professional services (93.6% of Q1 2026 revenue at €76.7M) and software publishing (6.4% at €5.2M, up 52.9% year-over-year). Core proprietary products include DB/IQ (SQL code-quality assurance for IBM Db2 on z/OS, with v7.02 released in February 2026 featuring Open API REST endpoints and z17/z/OS 3.2 compatibility), Orlando (aviation technical documentation, €1.22M Q1 2026 revenue, up 17.1%), AMAS.aero (aviation compliance, via the 20% AeroEx stake acquired February 2026), Sesin (GED, consolidated January 2026), and the emerging Infotel Augmented Solutions AI agents offering. The company also earns IBM royalties ($2.02M in Q1 2026, up 8%) from co-development of mainframe tooling.

Infotel's go-to-market is enterprise field-sales led, targeting French and European "grands comptes" with multi-year consulting and managed services contracts. Banking is the largest vertical at 45.4% of services revenue (BPCE 16.9%, BNP Paribas 10.4%), followed by Services-Transport (20%, including a 40+ year Airbus relationship), Industry (19.5%), Insurance-Retirement (10.8%), and Public Administration (4.3%). Strategic direction is to lift software revenue from approximately 5% toward 10% of group revenue, with M&A, international expansion, and AI agent industrialization as the primary levers.

Name

Infotel

Legal name

Infotel Conseil

Website

https://infotel.com

Company type

Public

Founded year

1979

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Infotel is a French IT services and software group (Euronext Paris: INF) serving 730 enterprise clients with mainframe consulting, IBM Db2 tooling, aviation documentation, and emerging AI agent solutions, generating €294.5M in 2025 revenue.

Ownership category

akta.pro rank

Product category

Enterprise IT Services

NAICS

Computer Systems Design Services (541512), Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151)

SIC

Services-Computer Programming Services (7371), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Enterprise Architecture & Technology Roadmapping (BPAEAAAC)

akta.pro secondary industries

Enterprise Architecture & IT Operating Model (BPAHAEAB), Technical Enablement & Adoption Services (Change Management, Adoption, Champions) (BPAEANAC)

Keywords

• Enterprise IT services
• IBM Db2 optimization
• Aviation documentation software
• Digital transformation consulting
• AI augmented solutions

Headquarters

HQ city

Bagnolet

HQ country

France

HQ region

Europe

Offices19 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Services: IT services revenue from consulting, software development, infrastructure services, and managed services for large enterprise clients. Q1 2026: €76.7M representing 93.6% of total revenue. Primarily delivered through consultants embedded in client projects.
2. Software Licensing: Software publishing revenue including DB/IQ, Orlando (aviation documentation), Sesin (GED solutions), and Infotel Augmented Solutions. Q1 2026: €5.2M, up 52.9% year-over-year, representing 6.4% of total revenue. Strategic goal to grow software revenue from ~5% to ~10% of total group revenue.
3. IBM Royalties: Royalty payments from IBM partnership for technology collaboration. Q1 2026 royalties: $2.02M (€1.77M), up 8% from Q1 2025 ($1.78M / €1.64M).

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

Infotel is a French IT services and software group providing digital transformation, software engineering, infrastructure, and managed services to large enterprise clients. The company also publishes proprietary software including DB/IQ (SQL code-quality assurance for IBM Db2 on z/OS), Orlando (aviation technical documentation management), AMAS.aero (aviation compliance), Infotel Augmented Solutions (AI agents and augmented services), and Sesin (GED document management).

Product overview

Infotel is a European IT services and software group offering a diversified software portfolio alongside IT services. The software offerings include DB/IQ (SQL code-quality assurance for IBM Db2), Orlando (aviation technical documentation management), AMAS.aero (aviation compliance platform via AeroEx), Infotel Augmented Solutions (AI agents and augmented services), and Sesin (GED/document management solutions acquired in 2026). The company operates across banking, insurance, industry, transport, and public sectors with over 3,100 employees.

Differentiator

Problem solved

Functional benefit

Brands

• Infotel Augmented Solutions: AI solutions offering focused on industrializing ethical and responsible AI applications for enterprise clients.
• DB/IQ Suite
• Orlando
• Infotel Augmented

Products and services

• DB/IQ SQL code-quality assurance solution for IBM Db2 applications on z/OS platforms. Provides dynamic SQL monitoring, CPU optimization, and CI/CD integration for enterprise database management.
• Orlando Aviation document management software dedicated to technical documentation of aircraft. Serves airlines, MRO companies, and aerospace manufacturers for compliance and documentation needs.
• AMAS.aero Aviation compliance platform serving 580+ customers across 51 countries including airlines, MRO companies, and airports for regulatory compliance and safety management.
• Infotel Augmented Solutions AI-powered solutions division offering AI agents and augmented services for enterprise transformation, enabling intelligent and predictive technologies for clients.
• Sesin GED (Gestion Electronique des Documents) document management solutions editor acquired and consolidated into Infotel's software portfolio.
• IT Consulting and Services Comprehensive IT services covering the entire IT lifecycle including product design, software architecture, software engineering, maintenance, managed services, infrastructure, and operational support for large enterprise clients.

Quantifiable outcome

• Q1 2026 revenue of €81.9M, up 8.6% year-over-year
• +5 more outcomes

Named customers12 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature5 records

Partnerships

One partnership is on record.

• AeroExcoreStrategic or Co-development Partner · 12 February 2026Infotel acquired 20% stake in Swiss aviation compliance company AeroEx with plans to take full control within three years. AeroEx operates the AMAS.aero compliance platform serving 580+ customers across 51 countries. The transaction aims to strengthen Infotel's Orlando aviation document management solution through expanded regulatory compliance and safety management offerings, and accelerate the company's shift toward higher-margin software publishing.

Scale indicators16 records

Recent moves8 records

Expansion highlights7 records

Direct peers

• Devoteam: Devoteam is a French IT consultancy with a comparable size band, similar digital transformation GTM, and strong positioning in cloud platforms and emerging tech — directly comparable to Infotel's enterprise IT services and AI-augmented offerings.
• SQLI: SQLI is a French digital services and software publisher with a similar blend of IT consulting and proprietary product (e.g., enterprise platforms), serving comparable European enterprise customers — directly comparable to Infotel's services-plus-software model.
• Sopra Steria: Sopra Steria is a France-headquartered IT services and software firm with comparable scale, vertical focus on banking/financial services/public sector, and a similar blend of consulting plus proprietary software products — making it the closest publicly listed European comparable to Infotel.
• Rocket Software: Rocket Software is a leading independent vendor of IBM Db2 and mainframe tooling — the closest direct competitor to Infotel's flagship DB/IQ product, making it the primary software-product peer in Infotel's stack.
• Aubay: Aubay is a French IT services and software firm with similar scale (~€600M range), a comparable mix of consulting and proprietary products, and strong banking/financial-services exposure — a tight size-and-strategy comparable to Infotel.

Emerging players

• Precisely: Precisely provides data integrity and Db2-related tooling across enterprise environments, overlapping with Infotel's DB/IQ territory in SQL quality and database optimization — a comparable software-product adjacency.

Broad incumbents

• Atos: Atos is a major French-headquartered IT services firm with extensive banking and public sector exposure, competing for the same large-account digital transformation RFPs that drive Infotel's services revenue — a relevant incumbent comparable at the upper end of scale.
• Accenture: Accenture is the global systems integration and digital services incumbent, competing for the same large transformation engagements (banking, aerospace, industrial) that anchor Infotel's pipeline — relevant as the global benchmark for IT services scale economics.
• Altran (Capgemini Engineering): Altran, now part of Capgemini Engineering, has comparable aerospace and industrial vertical IT services exposure, particularly serving Airbus-adjacent engineering programs — relevant as a vertical-overlap peer for Infotel's aerospace and industry segments.
• Capgemini: Capgemini is the largest French-headquartered IT services firm with global scale, serving the same banking, aerospace, and industrial clients Infotel targets, but operating at materially greater scale and breadth; relevant as the incumbent benchmark for French IT services economics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/infotel_

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about Infotel