Netsmart

What Netsmart does

Netsmart Bilişim Sistemleri A.Ş. is a privately held Turkish cybersecurity solutions integrator and managed security services provider (MSSP), founded in 1999 and headquartered in Şişli, Istanbul. The company delivers a 360-degree cybersecurity offering organized across four solution pillars — network security, data security, cyber security, and infrastructure security — supported by a managed services suite branded as SmartSOC, SmartMDR, SmartOPS, SmartPHISH, SmartSOAR, and SmartDFIR. Rather than developing proprietary products, Netsmart integrates, deploys, and manages best-of-breed technologies from 40+ global vendors including Check Point, Palo Alto Networks, Fortinet, CrowdStrike, Splunk, CyberArk, and Thales, and adds its own engineering, 24/7 SOC monitoring, DFIR, phishing simulation, and SOAR capabilities on top.

The company serves more than 200 enterprise customers across banking and financial services, telecommunications, manufacturing, healthcare, and retail in Turkey, with Odeabank cited as a named reference customer for Thales HSM deployment. Revenue is generated through three streams: cybersecurity solution resale and integration (subscription and licensing), recurring managed security services with SLA commitments, and professional consulting including KVKK, GDPR, PCI-DSS, HIPAA, and SIEM maturation advisory. Pricing is custom and quote-based, billed annually, reflecting an enterprise field-sales go-to-market supplemented by a channel/VAR motion through vendor partnerships. The co-founders — Zeynep Erkmen (General Manager / CEO), Özgür Mıdık (Deputy GM, Sales & Marketing), and Mehmet Erkmen (Technical Operations & Business Development) — continue to lead the business, which has remained privately held with no disclosed external funding, M&A, or geographic expansion outside Turkey.

Name

Netsmart

Legal name

Netsmart Bilişim Sistemleri A.Ş.

Website

https://netsmart.com.tr

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

51–100 employees

Short description

Netsmart is a Turkish cybersecurity integrator and managed security services provider founded in 1999, delivering network, data, cyber, and infrastructure security solutions alongside 24/7 SOC, MDR, DFIR, and SOAR services to 200+ enterprise customers across banking, telecom, healthcare, and manufacturing in Turkey.

Ownership category

akta.pro rank

Product category

Cybersecurity Services

NAICS

Computer Systems Design and Related Services (5415), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)

SIC

Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371)

akta.pro primary industry

Cybersecurity Operations Outsourcing (SOC / SecOps) (BPAEAMAG)

akta.pro secondary industries

Secrets Management (Passwords, API Keys, Tokens) (HDADAFAD), Secrets Management & Machine Identity (API keys, certificates, workload identity) (HDAEAJAJ), Network Analytics, AIOps & Root-Cause Correlation (HDAFAGAM)

Keywords

• Cybersecurity solutions
• Managed security services
• Network security
• Data security
• IT security consulting

Headquarters

HQ city

Istanbul

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Cybersecurity Solutions Resale: Netsmart resells and integrates cybersecurity solutions from global technology vendors including Check Point, Palo Alto Networks, Fortinet, CrowdStrike, Splunk, CyberArk, Thales, and 40+ other partners. Revenue is generated through solution sales, licensing, and implementation services.
2. Managed Security Services: Recurring revenue from managed security services including SmartSOC (24/7 monitoring), SmartMDR (managed detection and response), SmartOPS, SmartPHISH (phishing simulation), SmartSOAR, and SmartDFIR services. These are subscription-based services with SLA commitments.
3. Professional and Consulting Services: Consulting and engineering services including project design and installation (PMI standards compliant), technical support (ISO 20000-1:2018 compliant), security posture analysis, SIEM maturation consulting, KVKK compliance consulting, and cybersecurity training services.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels7 records

Core offering

Netsmart is a Turkish cybersecurity systems integrator and managed security services provider. The company combines best-of-breed technologies from 40+ global vendors (Check Point, Palo Alto Networks, Fortinet, CrowdStrike, Splunk, CyberArk, Thales, etc.) with its own branded managed services (SmartSOC, SmartMDR, SmartOPS, SmartPHISH, SmartSOAR, SmartDFIR) and professional consulting to deliver 360-degree cybersecurity protection across network, data, infrastructure, and threat management to enterprises in Turkey.

Product overview

Netsmart is a cybersecurity solutions provider offering a comprehensive portfolio organized into four main solution categories: Network Security, Data Security, Cybersecurity, and Infrastructure Security. The company provides both standalone security solutions from leading global vendors (Check Point, Forcepoint, Fortinet, Palo Alto Networks, CrowdStrike, Splunk, CyberArk, Thales, etc.) and a suite of managed security services branded as Smart series: SmartOPS (security operations), SmartMDR (managed detection and response), SmartSOC (security operations center), SmartPHISH (phishing simulation), SmartSOAR (orchestration and automation), and SmartDFIR (digital forensics and incident response). The portfolio covers the full security lifecycle from prevention and detection to response and recovery, addressing enterprises of all sizes in Turkey.

Differentiator

Problem solved

Functional benefit

Brands

• SmartOPS: Managed security operations service utilizing multiple security platforms including B!nalyze, Cortex, Crowdstrike, Netwitness, Picus, Splunk, and Tenable.
• SmartMDR
• SmartSOC
• SmartPHISH
• SmartSOAR
• SmartDFIR
• GMYP (Güvenlik Mühendisleri Yetiştirme Programı)

Products and services

• SmartSOC

Quantifiable outcome

• 40% SLA compliance rate achieved in managed security services
• +3 more outcomes

Named customers2 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature7 records

Partnerships

38 partnerships are on record, tiered core.

• Check PointcoreTechnology or IntegrationCheck Point is a core technology partner providing firewall, ZTNA, IPS, sandbox, email security, web security, and mobile device security solutions that Netsmart integrates and delivers to customers.
• Palo Alto NetworkscoreTechnology or IntegrationPalo Alto Networks provides next-generation firewall, ZTNA, IPS, sandbox, EDR, SOAR, and network detection solutions integrated by Netsmart.
• FortinetcoreTechnology or IntegrationFortinet delivers firewall, ZTNA, NAC, IPS, sandbox, email security, web security, load balancing, and WAF solutions through Netsmart's integration services.
• CrowdStrikecoreTechnology or IntegrationCrowdStrike provides endpoint detection and response (EDR), SIEM, big data log management, and server security solutions integrated by Netsmart.
• SplunkcoreTechnology or IntegrationSplunk delivers SIEM, big data log management, SOAR, and user behavior analytics solutions, with Netsmart providing implementation and managed services.
• CyberArkcoreTechnology or IntegrationCyberArk provides identity and access security, MFA, SSO, privileged access management, and endpoint privilege management solutions through Netsmart.
• ThalescoreTechnology or IntegrationThales provides HSM, sensitive data discovery, database security, data encryption, and masking solutions. Case study with Odeabank demonstrates successful HSM implementation.
• ForcepointcoreTechnology or IntegrationForcepoint delivers DLP, ZTNA, firewall, email security, and web security solutions integrated by Netsmart.
• TenablecoreTechnology or IntegrationTenable provides vulnerability scanning and management solutions as part of Netsmart's infrastructure security portfolio.
• VenaficoreTechnology or IntegrationVenafi provides PKI and certificate management, and SOAR solutions integrated by Netsmart.
• DarktracecoreTechnology or IntegrationDarktrace provides network detection and response (NDR) solutions as part of Netsmart's cybersecurity portfolio.
• Recorded FuturecoreTechnology or IntegrationRecorded Future provides cyber intelligence solutions enabling proactive threat detection and analysis.
• ExabeamcoreTechnology or IntegrationExabeam provides user and entity behavior analytics (UEBA) solutions integrated by Netsmart.
• GigamoncoreTechnology or IntegrationGigamon provides packet broker and SSL visibility solutions for network traffic analysis.
• EntrustcoreTechnology or IntegrationEntrust provides HSM and PKI/certificate management solutions, as well as MFA and SSO identity solutions.
• ImpervacoreTechnology or IntegrationImperva provides database security and WAF solutions integrated by Netsmart.
• ProofpointcoreTechnology or IntegrationProofpoint provides email security solutions as part of Netsmart's network security portfolio.
• Trend MicrocoreTechnology or IntegrationTrend Micro provides IPS, sandbox, email security, and server/client security solutions.
• Cortex (Palo Alto Networks)coreTechnology or IntegrationCortex XDR and XSOAR platforms provide managed detection and response, and SOAR capabilities in Netsmart's SmartMDR and SmartSOAR services.
• CequencecoreTechnology or IntegrationCequence provides API security solutions as part of Netsmart's infrastructure security offerings.
• Noname SecuritycoreTechnology or IntegrationNoname Security provides API security solutions integrated by Netsmart.
• Data SunrisecoreTechnology or IntegrationData Sunrise provides sensitive data discovery, database security, data encryption, and masking solutions.
• DececoreTechnology or IntegrationDece provides data classification and sensitive data discovery solutions integrated by Netsmart.
• TituscoreTechnology or IntegrationTitus provides data classification solutions as part of Netsmart's data security portfolio.
• Ground LabscoreTechnology or IntegrationGround Labs provides sensitive data discovery solutions enabling comprehensive data scanning.
• IvanticoreTechnology or IntegrationIvanti provides mobile device security solutions as part of Netsmart's network security offerings.
• AlgoseccoreTechnology or IntegrationAlgosec provides network automation and backup solutions integrated by Netsmart.
• BackboxcoreTechnology or IntegrationBackbox provides network automation and backup solutions as part of Netsmart's offerings.
• NetWitnesscoreTechnology or IntegrationNetWitness (RSA) provides enterprise forensics and NDR solutions for digital forensics and incident response.
• B!nalyzecoreTechnology or IntegrationB!nalyze provides digital forensics and incident response (DFIR) solutions used in Netsmart's SmartDFIR service.
• PicuscoreTechnology or IntegrationPicus provides Breach & Attack Simulation (BAS) solutions as part of Netsmart's cybersecurity portfolio.
• ProcennecoreTechnology or IntegrationProcenne provides HSM solutions as a Turkish technology partner in Netsmart's data security offerings.
• CitrixcoreTechnology or IntegrationCitrix provides load balancing solutions integrated by Netsmart.
• F5 NetworkscoreTechnology or IntegrationF5 Networks provides load balancing and WAF solutions as part of Netsmart's network security portfolio.
• Nexus GroupcoreTechnology or IntegrationNexus Group provides PKI and certificate management solutions integrated by Netsmart.
• OneSpan VascocoreTechnology or IntegrationOneSpan Vasco provides MFA and identity management solutions as part of Netsmart's infrastructure security offerings.
• Ping IdentitycoreTechnology or IntegrationPing Identity provides MFA and SSO solutions integrated by Netsmart.
• OpinnatecoreTechnology or IntegrationOpinnate provides network automation and backup solutions integrated by Netsmart.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Secureworks: Global MSSP providing managed detection and response, threat hunting, and incident response services to enterprise customers. Comparable to Netsmart's MDR/DFIR managed services, though at much larger scale.
• Optiv: US-headquartered cybersecurity solutions integrator and MSSP with a similar partner-centric model across dozens of security vendors. Closest international analogue to Netsmart's VAR-plus-managed-services approach.
• Trustwave: Global pure-play MSSP offering managed detection, response, and SOC services to enterprise customers. Comparable in the SOC/MDR/DFIR services layer that maps to Netsmart's SmartSOC, SmartMDR and SmartDFIR products.
• HAVELSAN: Turkish defense and cybersecurity company with a domestic cyber product and managed security portfolio. Comparable as a Turkey-headquartered player providing enterprise cybersecurity solutions, though with stronger defense/government skew.
• BGA Security: Turkish cybersecurity services firm offering MSSP-style managed security, integration of global vendor products, and consulting to Turkish enterprises. Most directly comparable peer given shared geography, similar integrator/managed services model, and overlap in finance and telecom verticals.
• GuidePoint Security: US-based cybersecurity VAR and MSSP distributing and integrating products from a broad portfolio of security vendors (Check Point, Palo Alto, Splunk, CrowdStrike, etc.). Same channel-partner GTM and similar managed services overlay as Netsmart.
• STM ThinkTech: Turkish cybersecurity subsidiary of STM providing cyber defense, threat intelligence, and managed SOC services to public and private sector clients. Comparable to Netsmart's SOC/MDR offering within the same Turkish market.

Broad incumbents

• Capgemini Cybersecurity: Global systems integrator with a dedicated cybersecurity practice covering SOC, identity, and managed security services to enterprise clients. Comparable broad managed-services and integration offering, though serving a much wider geographic footprint than Netsmart.
• Accenture Security: Global consulting and managed security services arm of Accenture, delivering cyber strategy, integration, and managed detection across industries. Overlapping capabilities with Netsmart's consulting and managed services, though at global scale and as part of a broader portfolio.
• Atos Cybersecurity: Global IT services and cybersecurity division of Atos, providing managed SOC, identity, and security integration services to large enterprises. Comparable managed services and systems integration portfolio, but as part of a much broader IT services portfolio.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Netsmart_IS
• YouTubeyoutube.com/@netsmartsecurity
• LinkedInlinkedin.com/company/netsmartsecurity
• Instagraminstagram.com/netsmartlife

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Netsmart