Solsys
Solsys is a Toronto-based professional services and consulting firm founded in 2006 that delivers API management, digital identity, digital intelligence, and agile delivery services to Canadian and North American enterprise clients across telecom, financial services, healthcare, government, and insurance. Its proprietary product, API Insights (Solsys Labs), provides Splunk-based API security monitoring.
- Company typePrivate
- Founded2006
- HeadquartersToronto, Canada
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Solsys does
Solsys is a Canadian professional services and consulting firm founded in 2006 and headquartered in Toronto, with additional offices in Montreal, Québec City, and Miami. The firm delivers advisory, implementation, and managed services across four practice areas: Enterprise API (strategy, gateways, design, integration), Digital Identity (workforce IAM, customer CIAM, API authentication), Digital Intelligence (Splunk-powered analytics and observability), and Agile Delivery (coaching, training, scrum/product owner consulting). Its primary proprietary product, API Insights, was created by the internal Solsys Labs foundry and runs on Splunk to detect, visualize, and alert on API security threat patterns using over 70 use cases aligned to NIST and OWASP frameworks.
Solsys earns revenue through time-and-materials consulting engagements, fixed-fee workshops (API Strategy Workshop, Splunk Observability Workshop), and structured API Security Assessments against NIST frameworks. Pricing is quote-based rather than publicly disclosed. The firm leverages a partner channel strategy with 12+ platform vendors (Kong, Boomi, Splunk, ForgeRock, PingIdentity, Sailpoint, Microsoft, AWS, Google Cloud, Oracle) to source enterprise opportunities and co-deliver solutions. Go-to-market combines direct enterprise field sales, partner referrals, and event/workshop-based demand generation targeted at large organizations in Canadian telecommunications, financial services, healthcare, gaming/lottery, insurance, and government.
Solsys has completed more than 130 enterprise and SMB projects since founding, with named customers including TELUS (documented 5-year API modernization engagement), Bell, Bell Media, Rogers, TD Bank, BMO, Scotiabank, ICBC, BCLC, TELUS Health, the Canadian Securities and Exchange Commission, and the Ontario Ministry of Health and Long-Term Care. In 2021, ESI Technologies made a strategic investment; in 2023, Solsys formed strategic alliances with Kong and Boomi; and in 2025, the firm was acquired by Virtual Guardian, a North American cyber resilience company, integrating Solsys's API security and identity capabilities into a broader cybersecurity platform.
Solsys firmographics
Firmographics- Name
- Solsys
- Legal name
- Solsys Inc.
- Website
- https://solsys.ca
- Company type
- Private
- Founded year
- 2006
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Short description
- Solsys is a Toronto-based professional services and consulting firm founded in 2006 that delivers API management, digital identity, digital intelligence, and agile delivery services to Canadian and North American enterprise clients across telecom, financial services, healthcare, government, and insurance. Its proprietary product, API Insights (Solsys Labs), provides Splunk-based API security monitoring.
- Ownership category
- akta.pro rank
Solsys industry classification
Industry- Product category
- IT Consulting and Systems Integration Services
- NAICS
- Custom Computer Programming Services (541511), Other Management Consulting Services (541618), Computer Systems Design and Related Services (54151)
- SIC
- Services-Management Consulting Services (8742), Services-Computer Programming Services (7371)
- akta.pro primary industry
- Vulnerability Management & Penetration Testing Services (BPAEADAD)
- akta.pro secondary industries
- Digital Experience Monitoring & Management (DEX/DEM, AIOps for EUC) (BPAEAIAF), Privileged Access Management (PAM) (HDADAAAC)
Keywords
Where Solsys is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices4 records
Markets served
Solsys business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Professional Services and Consulting: Solsys generates revenue through professional services engagements including consulting, implementation, and advisory services for API management, digital identity, digital intelligence, and cloud integration. Services are delivered through agile teams and consulting engagements with enterprise clients.
- Workshop and Training Services: Revenue generated from workshops including API Strategy Workshop and Splunk Observability Workshop. These are fee-based educational offerings designed to help organizations understand and plan their API and observability initiatives.
- Security Assessment Services: API Security Assessment services provide consulting engagements evaluating client API security posture using NIST frameworks. Includes deliverable reports and recommendations.
Go-to-market motion3 records
Distribution channels3 records
Marketing channels5 records
Solsys product offering
Product offeringCore offering
Solsys is a professional services and consulting firm that helps enterprises design, implement, secure, and manage API ecosystems, digital identity programs, observability platforms, and cloud integrations. Its core practice portfolio spans Enterprise API development, Digital Identity (workforce and customer IAM), Digital Intelligence (Splunk-powered analytics and observability), and Agile Delivery coaching. The firm also sells a proprietary Solsys Labs product, API Insights, a Splunk-based security monitoring application that detects API attacks and vulnerabilities using NIST and OWASP frameworks.
Product overview
Solsys is a professional services and consulting firm (founded 2006, Toronto) offering a portfolio of advisory, implementation, and managed services across four core practice areas: Enterprise API, Digital Identity, Digital Intelligence, and Agile Delivery. The company's primary proprietary product is API Insights, a Splunk-based security monitoring solution developed within Solsys Labs that detects API attacks and vulnerabilities using anomaly detection. API Insights integrates with Splunk as a platform addon, while the broader portfolio comprises consulting services including API Security Assessments, API Strategy Workshops, Enterprise API development and integration, Digital Identity (workforce and customer IAM), Digital Intelligence (Splunk-powered analytics and observability), Agile Services (delivery and coaching), and iPaaS via Boomi partnership. The overall offering is structured around helping enterprises modernize their API, identity, and data infrastructure, with API Insights serving as the key product layer overlaying the Splunk platform within the Digital Intelligence practice.
Differentiator
Problem solved
Functional benefit
Brands
- Solsys Labs: Software engineering foundry focused on API cyber resilience solutions. Created API Insights, an application built on NIST and OWASP security vulnerabilities that detects, visualizes, and alerts on API security threat patterns.
Products and services
- API Insights A proprietary Solsys Labs product built on Splunk that detects, visualizes, and alerts on API security threat patterns, with over 70 specialized security use cases, enhanced verbose API audit logging, and dashboards for proactive threat detection. It is targeted at enterprise organizations using Splunk for API monitoring and compliance.
- API Security Assessment A consulting engagement where Solsys experts evaluate an organization's API security posture using the NIST Cybersecurity Framework, covering API Governance, Management, and Visibility. Deliverables include an API asset landscape summary, security capabilities overview, identified risk areas, and next-step recommendations.
- API Strategy Workshop A full-day (in-person or remote) workshop that helps product teams clarify API product goals, identify customers, and define product objectives. Deliverables include a Product Canvas and high-level architecture and feature recommendations for the API program.
- Enterprise API Development and Integration A consulting and implementation service covering API strategy and planning, API management gateways, and API design and implementation. Solsys helps organizations securely expose APIs, centralize authentication, and achieve high performance and scalability across hybrid, multi-cloud environments.
- Digital Identity (Workforce IAM and Customer IAM) A digital identity practice covering Workforce Identity (IAM for employees), Customer Identity (CIAM for customers), and Business API Security (authentication and authorization of API calls) using partners including ForgeRock, PingIdentity, Sailpoint, Microsoft Azure AD, and Google Cloud Identity.
- Digital Intelligence A data transformation and analytics service leveraging Splunk to help organizations collect, analyze, and visualize machine data across cloud and on-premises environments. Capabilities include operational intelligence, customer experience optimization, and AI/ML-powered decision-making, with convergence of observability and security practices.
- Agile Services Agile delivery, coaching, and training services for enterprise teams, including product team design and delivery, Scrum Master and Product Owner consulting, Agile coaching at team and executive levels, and Product Lift Off / Design Sprint facilitation.
- iPaaS (Boomi) Consulting Integration Platform as a Service consulting delivered through a registered Boomi Partner relationship. Solsys provides consulting, workshops, and assessments to help organizations use Boomi for application integration, data discovery, data synchronization, and workflow automation.
- Observability An observability consulting service covering application instrumentation, monitoring, and troubleshooting, with workshops on Splunk Observability Cloud and guidance on OpenTelemetry and cloud-native observability practices.
Quantifiable outcome
- North American Telecom Leader saved $3 Million+ annually by migrating to next-generation API connectivity
- +1 more outcomes
Companies that use Solsys
Customer profileNamed customers12 records
Segments2 records
Ideal customer profiles2 records
Solsys technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability2 records
Feature4 records
Solsys partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered strategic and core.
- BoomistrategicSolsys announced a strategic alliance with Boomi in November 2023, described as a Gartner Magic Quadrant Leader in iPaaS. The partnership focuses on connecting applications, data, and people to accelerate digital transformation.
- KongcoreStrategic partnership announced June 1, 2023. Solsys works with Kong to make connecting APIs and microservices across hybrid, multi-cloud environments easier. Kong is a leader in full lifecycle API management and the fastest growing open-source microservices gateway. The partnership brings advantages in security & resilience, insight & visibility, integration flexibility, and self-service & automation for enterprise customers.
- BoomicoreSolsys is a registered integration Boomi Partner providing consulting, workshops, and assessments for the Boomi cloud-native iPaaS platform. Boomi is a Gartner Magic Quadrant Leader in Integration Platform as a Service. Partnership enables application integration, data discovery, synchronization, and workflow automation services.
- SplunkcoreSolsys provides Splunk solutions to help optimize IT, security, and business performance. Offers Splunk Observability Workshop, IAM Quick Start bundle with Splunk dashboards, and API Insights for Splunk product. Partnership enables operational intelligence and observability services.
- ForgeRockcoreSolsys partners with ForgeRock for digital identity solutions. ForgeRock helps organizations interact securely with customers, employees, devices, and things. Partnership supports customer and workforce identity management implementations.
- PingIdentitycoreSolsys partners with PingIdentity to help enterprises achieve Zero Trust, identity-defined security, and personalized user experiences. Supports workforce and customer identity solutions.
- SailpointcoreSolsys partners with Sailpoint to provide value-added capabilities for building an identity-aware enterprise. Supports identity governance and administration solutions.
- MicrosoftcorePartnership includes Microsoft Identity Services (Azure Active Directory), Azure AI for real-time data processing, and Google Cloud Platform options. Supports customer frictionless experiences with business applications.
- Amazon Web Services (AWS)coreSolsys helps customers take full advantage of AWS business benefits. Provides Amazon Machine Learning services for Big Data using Hadoop with EMR and S3, and advanced visualizations.
- Google CloudcoreSolsys partners with Google Cloud Platform for building innovative cloud solutions. Includes Google Cloud Identity management platform and BigQuery for data warehouse analytics with built-in ML.
- OraclecorePartnership supports effectively managing end-to-end lifecycle of user identities across enterprise resources, both within and beyond the firewall and into the cloud.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Solsys competitors and assessment
Company assessmentBroad incumbents
- Deloitte Canada: Big-4 advisory and consulting firm in Canada with large-scale API, cybersecurity, identity and cloud transformation practices. Competes for the same enterprise RFPs as Solsys from the largest Canadian banks, telecoms and government departments.
- Capgemini Canada: Global IT services and consulting leader with Canadian delivery for digital transformation, API platforms, cybersecurity and identity. Competes head-to-head with Solsys on large enterprise modernization mandates, but at significantly greater scale.
Direct peers
- Akkodis: Global IT and engineering consultancy (formerly Akka Technologies / Modis) with strong Canadian delivery presence in digital, cloud, cybersecurity and enterprise integration. Comparable API/identity/digital transformation consulting capability at much larger scale.
- Aditum Infosec: Specialist Splunk-focused security and observability consultancy delivering Splunk deployment, integration and managed services. Direct comparable in Splunk-centric digital intelligence practice and API security / observability positioning.
- Sourced Group: Toronto-headquartered digital transformation consultancy specializing in Kong API, Boomi iPaaS and identity implementations for financial services and telecommunications; now part of Thoughtworks. Highly comparable in size, geographic focus, partner mix and client verticals to Solsys.
- Above Security: Canadian cybersecurity services and MSSP focused on vulnerability management, managed security and compliance, now part of Hitachi Systems. Closely comparable in size, Canadian footprint and core practice of vulnerability management / security consulting.
- Online Business Apps: Boutique Canadian Boomi-focused integration consultancy delivering iPaaS implementations, workshops and managed integration. Very direct peer in the Boomi partner channel and integration consulting layer.
- Scalar Decisions: Canadian IT professional services and solutions firm delivering enterprise infrastructure, security and cloud services. Comparable boutique-to-mid-market Canadian consulting footprint serving large enterprise customers across Toronto and Montreal.
- ESI Technologies: Canadian IT services firm focused on digital transformation, cloud, integration and managed services for enterprise customers. Made a strategic investment in Solsys in 2021, making it a direct affiliated peer with overlapping delivery capabilities and a similar Toronto base.
Regional players
- Long View Systems: Larger Canadian-headquartered IT solutions and services provider covering cloud, security, data centre and managed services. Comparable regional Canadian IT services peer with similar vertical mix but broader portfolio and significantly larger headcount.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Solsys social profiles
Digital presenceSolsys financial estimates
Financial estimateRevenue estimate
Valuation estimate
Solsys leadership team
Management profileNumber of profiles
Profiles5 records
Solsys funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Solsys 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 Solsys
What does Solsys do?
Solsys is a professional services and consulting firm that helps enterprises design, implement, secure, and manage API ecosystems, digital identity programs, observability platforms, and cloud integrations. Its core practice portfolio spans Enterprise API development, Digital Identity (workforce and customer IAM), Digital Intelligence (Splunk-powered analytics and observability), and Agile Delivery coaching. The firm also sells a proprietary Solsys Labs product, API Insights, a Splunk-based security monitoring application that detects API attacks and vulnerabilities using NIST and OWASP frameworks.
Is Solsys a public or private company?
Solsys is a private company. It is classified as corporate owned and is currently acquired.
When was Solsys founded?
Solsys was founded in 2006. It employs 11 to 50 people.
Where is Solsys based?
Solsys is headquartered in Toronto, Canada, in the North America region.
How does Solsys make money?
Three revenue lines are on record. Professional Services and Consulting is the primary driver. The others are workshop and Training Services and security Assessment Services.
Who are Solsys's main competitors?
Broad incumbents on record are Deloitte Canada and Capgemini Canada. Direct peers are Akkodis, Aditum Infosec, Sourced Group, Above Security, Online Business Apps, Scalar Decisions and ESI Technologies. Long View Systems is listed as a regional player.
Does Solsys have an API?
No public API is recorded for Solsys.
What industry is Solsys in?
Solsys's product category is IT Consulting and Systems Integration Services. Its primary akta.pro industry code is BPAEADAD, Vulnerability Management & Penetration Testing Services, with a secondary code of BPAEAIAF, Digital Experience Monitoring & Management (DEX/DEM, AIOps for EUC). Its NAICS code is 541511 and its SIC code is 8742.