VBT

What VBT does

VBT Yazılım A.Ş. (Borsa Istanbul ticker: VBT) is a Turkish enterprise software company founded in 1993 and headquartered in Ataşehir, Istanbul, operating across mainframe services, proprietary business applications, and authorized third-party software distribution. Its core proprietary products are Heroty (centralized HR management on .NET Core, SQL, Elastic Search, Redis, RabbitMQ, Dapper, supporting 9 languages), Flerpi (next-generation cloud-ready ERP with POS and mobile integration), the Flerpi E-Dönüşüm regulatory suite (e-invoice, e-ledger, e-archive, e-ticket, e-freelance receipt, e-producer receipt, e-delivery note), and Vizyon İK (HR software for SMEs). It is the exclusive authorized distributor for BMC Software in Turkey (25-year partnership, renewed October 2024–September 2029 with rights expanded to 30 European countries and the USA) and a long-standing IBM business partner distributing DB2, Optim, and Guardium.

Revenue is generated through four streams: licensing and maintenance on BMC and IBM distributed products, subscription and license fees on proprietary software, professional services (consulting, modernization, training), and large government IT contracts (notably the 169.2 million TL SGK Medula and Insurance Databases contract for 2025). Pricing is quote-based, with annual billing cadence on enterprise license and support contracts. The go-to-motion is enterprise field sales anchored by long-tenured 3–5 year relationships with major Turkish banks (İş Bankası, Akbank, Halkbank, Ziraat, Garanti BBVA, Odeabank), airlines (Turkish Airlines, Pegasus), industrial groups (OYAK, Erdemir, Ford Otosan, Enerjisa), and government entities (SGK, TUSAŞ-TAI, HAVELSAN). Channel distribution is concentrated through a wholly owned subsidiary, Disnet Teknoloji A.Ş., established September 2024 specifically for the BMC distribution business.

In 2024 the company recorded 2,306,846,463 TL in audited revenue, with 2025 H1 revenue of 896,196,517 TL. The firm employs 296 personnel (June 2025) across offices in Istanbul, Ankara, Konya, Hatfield (UK), Düsseldorf, Vienna, Dallas, and Dubai, and serves 4,000+ customers across Turkey and international markets, ranking among Turkey's Top 100 IT firms. Newer initiatives include a venture capital fund (Neo Portföy VBT Yazılım GSYF) seeded with 12M TL across November–December 2024, and the GREENCODE ITEA/EUREKA R&D project (AI/ML-driven software optimization) where VBT serves as Turkey consortium leader from February 2026.

Name

VBT

Legal name

VBT Yazılım A.Ş.

Website

https://vbt.com.tr

Company type

Public

Founded year

1993

Operating status

Operating

Headcount range

251–500 employees

Short description

VBT Yazılım (Borsa Istanbul: VBT) is a Turkish enterprise software firm, founded 1993, that distributes BMC Software and IBM products, sells proprietary HR (Heroty) and ERP (Flerpi) software, and delivers mainframe, consulting, and government IT services to banks, airlines, industrial groups, and Turkish public institutions.

Ownership category

akta.pro rank

Product category

Enterprise Software

NAICS

Computer and Computer Peripheral Equipment and Software Merchant Wholesalers (423430), Custom Computer Programming Services (541511), Software Publishers (51321)

SIC

Wholesale-Computers & Peripheral Equipment & Software (5045), Services-Computer Programming Services (7371)

akta.pro primary industry

Endpoint & Mobile Asset Management (UEM/MDM Asset Controls) (BPAEAOAI)

akta.pro secondary industry

Vendor Management System (VMS) & MSP-Led Contractor Programs (BPACAGAF)

Keywords

• Enterprise software distribution
• Mainframe solutions
• HR management software
• ERP systems
• IT consulting services

Headquarters

HQ city

Istanbul

Offices9 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. BMC Software Distribution: VBT distributes BMC Software products (Control-M, Helix, Truesight, Mainview) as exclusive authorized distributor for Turkey and expanded territory. Revenue comes from software licensing, maintenance contracts, and support services. 5-year revenue expectation from BMC distribution is 50 million USD.
2. IBM Products Distribution and Services: VBT distributes IBM products (DB2, Optim, Guardium) and provides related services including implementation, maintenance, and support for mainframe systems.
3. Proprietary Software Products: Revenue from proprietary software including Heroty (HR management), Flerpi (ERP and e-transformation). These products generate recurring revenue through licenses and maintenance contracts.
4. IT Consulting and Services: Professional services including training, consulting, modernization services, and IT outsourcing (staffing). Contracts with major clients like Enerjisa include ~30 personnel providing outsourced IT services.
5. Government Contracts: Large-scale government IT contracts such as the SGK Medula and Insurance Databases license update and support service contract worth 169.2 million TL for 2025.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

VBT develops and distributes enterprise software solutions for Turkish and European markets. Its proprietary products include Heroty (enterprise HR management), Flerpi (next-generation ERP), Flerpi E-Dönüşüm (e-invoicing and regulatory compliance applications), and Vizyon HR (SME HR software). VBT is also the exclusive authorized distributor for BMC Software (CONTROL-M, MAINVIEW, HELIX, TRUESIGHT) and IBM products (DB2, OPTIM, GUARDIUM) in Turkey, providing implementation, maintenance, and managed services.

Product overview

VBT Yazılım is a Turkish software company that develops and distributes its own product portfolio alongside third-party enterprise software. Its proprietary products include Heroty (enterprise HR management), Flerpi (next-generation ERP), Flerpi E-Dönüşüm (e-transformation/e-invoicing applications), and Vizyon İK (SME HR). VBT also distributes and implements BMC Software products (CONTROL-M, MAINVIEW, HELIX, TRUESIGHT) and IBM software (DB2, OPTIM, GUARDIUM) as an authorized partner. The company provides complementary services including training, consulting, and modernization services.

Differentiator

Problem solved

Functional benefit

Brands

• Heroty: Kurumsal İnsan Kaynakları yazılımı - merkezi IK platformu, mobil uygulama, modüler yapı, 9 dil desteği
• Flerpi
• Flerpi E-Dönüşüm
• Vizyon İK

Products and services

• Heroty - Enterprise Human Resources

Quantifiable outcome

• SGK contract value: 169.2 million TL for 2025
• +2 more outcomes

Named customers17 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability4 records

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• TÜBİTAKcoreStrategic or Co-development Partner · 18 February 2026VBT participates in TÜBİTAK 1509 - International Industry R&D Projects Support Program. GREENCODE project (AI/ML Driven Software Optimisation to Reduce Cost and Climate Impact) received 5,180,133 TL funding. Project involves 8 countries, 21 companies in international consortium. VBT serves as Turkey consortium leader.
• BMC SoftwarecoreChannel Partner/ Reseller/ Distributor · 1 October 2024VBT has been business partner with BMC Software since 1999 (25 years). Exclusive authorized distributor agreement for Turkey, valid October 1, 2024 - September 30, 2029. Distribution scope expanded to cover 30 European countries and USA. BMC Software is a US-based Mainframe Software and Enterprise Platform Software manufacturer with annual revenue of USD 2.5 billion. 5-year revenue expectation from this partnership is 50 million USD.
• IBMcoreChannel Partner/ Reseller/ DistributorLong-standing IBM business partner distributing IBM products including DB2, Optim, Guardium. Provides implementation, maintenance, and support services for IBM mainframe and database products to Turkish enterprises and government institutions.
• Disnet Teknoloji A.Ş.coreOthers100% owned subsidiary of VBT established September 27, 2024 with 1,000,000 TL capital. Created specifically to serve as the distribution entity for BMC Software products in Turkey. The subsidiary will handle exclusive distribution operations under the BMC distributorship agreement.
• ITEA/EUREKAcoreStrategic or Co-development PartnerVBT participates in ITEA CALL 2023 within the EUREKA international R&D network. GREENCODE project involves consortium from Turkey, UK, Germany, Austria, Denmark, Spain, Portugal, and Romania (8 countries, 21 companies). Focus on AI/ML-driven software optimization for cost reduction and climate impact.
• VBT Akademi Eğitim A.Ş.minorOthers100% owned subsidiary providing software training services. Paid-up capital: 50,000 TRY.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Market position

Strengths4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/VBTYazilim
• YouTubeyoutube.com/c/vbtyazilim
• Facebookfacebook.com/vbtyazilim
• LinkedInlinkedin.com/company/VBTYazilim
• Instagraminstagram.com/VBTYazilim

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries13 records

Funding overview

Funding rounds

Investors

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

M&A

Investments3 records

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

Frequently asked questions about VBT