IET

What IET does

IET s.r.l. Società Benefit is a Rome-headquartered, privately held Italian full-stack software development firm founded in 2016, employing 51–100 people across six engineering offices in Italy (Rome, Milan, Rende, Aversa) and Spain (Seville). The company designs and builds bespoke enterprise software — including AI platforms, RPA systems, data analytics solutions, and specialized tools such as a custom Privacy Support System developed for Poste Italiane — using a horizontal enterprise-segmentation approach that targets large, regulated buyers across utilities, government, postal services, consulting, and academia.

Technically, IET operates as an applied engineering shop rather than a packaged-product vendor: it combines full-stack development with third-party technology platforms from partners including SAS (analytics), Cloudera (big data/AI), and academic collaborators at La Sapienza University (AI/RPA platforms). The firm claims cumulative output of more than 10 million lines of code, processing of over 150TB of data, more than 100,000 solution users across over 10 countries, and a customer satisfaction rate above 99.9%. Its go-to-market is direct enterprise field sales, evidenced by named C-suite testimonials from ENEL, Poste Italiane, SAS Italy, Deloitte, La Sapienza, and Cloudera.

The business is structured as an Italian s.r.l. with PMI Innovativa and Società Benefit legal status, and carries an unusually broad certification portfolio — ISO-9001, ISO-27001, ISO-14001/14064, ISO-45001, ISO-37001, SA-8000, and UNI/PdR 125:2022 — which functions as a procurement prerequisite for large Italian enterprise and public-sector contracts. Revenue mechanics are described as subscription/recurring enterprise software development with quote-based, non-publicly-disclosed pricing; no revenue figure, funding history, or external ownership is disclosed, and the company is led by founder Giancarlo Gava as chairman and CEO.

Name

IET

Legal name

IET s.r.l. Società Benefit

Website

https://iet.it

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

51–100 employees

Short description

IET is a Rome-based full-stack enterprise software developer (51–100 employees) that builds AI, RPA, and data analytics solutions for large regulated enterprises across Italy, with named clients including ENEL, Poste Italiane, and Deloitte, and engineering offices in Milan, Rende, Aversa, and Seville.

Ownership category

akta.pro rank

Headquarters

HQ city

Rome

HQ country

Italy

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Enterprise Software Development: Custom software development services for enterprise-level companies. IET develops cutting-edge software solutions tailored to specific enterprise needs, operating as a full-stack technology company.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

IET is a full-stack technology company that develops cutting-edge enterprise software solutions for leading global corporations. Its core offerings include custom AI platforms, RPA (Robotic Process Automation) systems, Data Analytics solutions, and specialized compliance software such as the Privacy Support System built for Poste Italiane. The company operates as a bespoke software development partner for enterprise clients across multiple countries.

Product overview

IET is a full-stack technology company that develops cutting-edge software solutions for enterprise clients. The company offers enterprise software development with capabilities spanning AI platforms, RPA (Robotic Process Automation), Data Analytics, and specialized systems such as Privacy Support Systems. Specific product names are not individually branded or listed in the available source data; however, the company demonstrates expertise in AI and RPA platforms, data analytics solutions, and privacy/compliance software tools built for large enterprise customers.

Differentiator

Problem solved

Functional benefit

Products and services

• AI and RPA Platforms

Quantifiable outcome

• >99.9% customer satisfaction rate
• +2 more outcomes

Named customers6 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core.

• ENEL GroupcoreStrategic or Co-development PartnerENEL, the global utilities company, collaborates with IET for technology solutions enabling energy distribution to more people through new technologies. This partnership demonstrates IET's capability to deliver enterprise-level solutions in the utilities sector.
• SAS ItalycoreTechnology or IntegrationSAS Italy partners with IET to provide the most advanced technologies to the market for rapid and reliable innovation. This collaboration combines SAS's analytics platform with IET's implementation expertise.
• DeloittecoreStrategic or Co-development PartnerDeloitte's Power, Utilities & Renewables sector collaboration with IET is creating great satisfaction among stakeholders. This strategic partnership leverages IET's technology capabilities within Deloitte's consulting engagements.
• ClouderacoreTechnology or IntegrationCloudera's partnership with IET has been super valuable from day one. Together they are effective in helping clients resolve difficult business problems using Data Analytics and AI. Cloudera, as a big data platform leader, integrates with IET's analytics solutions.
• La Sapienza UniversitycoreStrategic or Co-development PartnerThrough the partnership with IET, Sapienza University of Rome is successfully developing AI and RPA platforms to optimize consumer decisions and satisfaction. This academic collaboration demonstrates IET's research and development capabilities.

Scale indicators5 records

Recent moves1 record

Expansion highlights5 records

Direct peers

• TXT e-solutions: Italian software and IT services provider serving aerospace, industrial, and enterprise clients with custom platforms and AI/data solutions. Comparable in size, custom-software orientation, and European enterprise focus.
• Engineering Ingegneria Informatica: Large Italian IT services group with strong presence in regulated industries (utilities, public sector, finance) and capabilities in data, AI, and enterprise platforms. Comparable to IET on geography, customer verticals, and technology stack.
• Reply: Italian-headquartered IT services and consulting group offering enterprise software, AI, data analytics and digital transformation. Closest direct peer: same geography, same enterprise client base (including ENEL and Poste Italiane), similar full-stack delivery model.
• AlmavivA: Italian IT services and outsourcing firm serving large enterprises and public administration, including Poste Italiane. Comparable to IET in enterprise software development and Italian regulated-industry focus.

Broad incumbents

• Accenture: Global professional services firm offering enterprise AI, RPA, and data analytics at scale. Competes with IET on the same enterprise mandates but with vastly larger bench, balance sheet, and global delivery capability.
• Capgemini: Global IT services and consulting leader with strong European footprint and capabilities in data, AI, and enterprise software. Competes with IET for enterprise transformation mandates across Italy and Europe.
• Deloitte Consulting: Global consulting firm with deep Power, Utilities & Renewables practice (where IET is a named partner). Competes with and complements IET on enterprise transformation and AI/RPA deployments.
• IBM Consulting: Global systems integrator with AI, automation, and hybrid cloud offerings. Competes with IET for enterprise AI/RPA and data analytics work, particularly in regulated industries.

Others

• Cloudera: Big data and AI platform vendor named as a core IET partner. Not a direct competitor but a key technology ecosystem player whose platform IET builds on and around, shaping IET's data analytics offering.

Regional players

• BIP (now part of Minsait/Indra): European-origin consultancy and tech services firm with strong Italian and Iberian presence, focused on data, AI, and enterprise transformation. Comparable in scale and regional client overlap.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ietsb

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 IET