E-Group

What E-Group does

E-Group is a privately held Hungarian deep-tech software company founded in 1993 and headquartered in Budapest, organized around three product pillars — Trust (identity management and digital-trust platforms), Smart Data (data management, data science, and federated AI), and Xchange (banking/payment and conversational communication solutions) — plus a services portfolio covering co-innovation, software development, data engineering, business intelligence, and data science. The company serves five declared verticals: FinTech, HealthTech, GovTech, EnergyTech, and SpaceTech, with named customers and partners including Crédit Agricole Bank, the European Space Agency (ESA), Semmelweis University, BME, the Hungarian National Innovation Office (NKFI), and MVGYOSZ.

The technology core is the FedX federated AI learning platform and its evolution FedEU.ai, which enable AI model training across decentralized data sources without moving or sharing the underlying data — a 'data stays, AI travels' architecture that the company claims delivers 0% accuracy loss on non-IID data and 90% energy savings versus centralized training. E-Group holds ISO/IEC 27001 certification, is GDPR-compliant, and is EHDEN-certified for mapping health data to the OMOP common data model. The platform supports multi-modal AI use cases (computer vision, NLP, federated transformers) and is operationally validated across the Semmelweis Biobank Network (12 biobanks, ~100,000 individuals) and the HeliX Health Data Space (50+ partners).

Commercially, E-Group operates an enterprise field-sales GTM targeting large organizations in regulated sectors, with quote-based custom pricing, co-innovation partnerships, and revenue streams from software licensing, professional services, and platform licensing. Distribution increasingly runs through EU research consortia, most notably E-Group's co-lead role in Workstream 3 of the EU IPCEI-CIS/8RA project. The company has 11-50 employees and remains founder-led by CEO Antal Kuthy, with Dr. Ferenc Pongrácz as COO/CFO and Dr. Péter Antal as a leading AI researcher affiliated with BME. No external funding rounds, parent company, or revenue figures are disclosed.

Name

E-Group

Legal name

E-GROUP ICT SOFTWARE Informatikai Zártkörűen Működő Részvénytársaság

Website

https://egroup.hu

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

11–50 employees

Short description

E-Group is a Budapest-based Hungarian deep-tech software company (founded 1993) building federated AI, digital trust, and secure payment/communication platforms for FinTech, HealthTech, GovTech, EnergyTech, and SpaceTech clients across Europe, distributed through enterprise sales and EU research consortia.

Ownership category

akta.pro rank

Product category

AI & Data Management Software

NAICS

Software Publishers (5132), Software Publishers (513210), Custom Computer Programming Services (541511)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management) (HDAEANAA)

akta.pro secondary industries

Responsible AI, Security & Privacy Platforms (Safety, Guardrails, PII) (HDAEANAG), Enterprise AI Governance, Risk & Compliance Platforms (Model Risk, Audit, Policies) (HDAEANAE)

Keywords

• Federated AI platform
• Digital identity software
• Secure payment solutions
• Sovereign AI infrastructure
• Enterprise data management

Headquarters

HQ city

Budapest

HQ country

Hungary

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Products: E-Group generates revenue through proprietary software products including Trust (identity/digital trust), Smart Data (data analytics), and Xchange (communication/banking solutions). Revenue is derived from licensing, implementation, and ongoing support.
2. Professional Services: Services revenue from Co-Innovation, Software Development, Data Engineering, Business Intelligence, and Data Science engagements with enterprise clients.
3. FedX/FedEU AI Platform Licensing: Enterprise licensing of federated AI platforms for research institutions, healthcare systems, and regulated industries requiring privacy-preserving AI solutions.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

E-Group builds and licenses proprietary enterprise software platforms organized around three pillars: Trust (identity management and digital trust), Smart Data (data management, analytics, and federated AI learning through FedX and FedEU.ai), and Xchange (banking/payment gateway and conversational communication solutions). It supplements these with professional services including co-innovation, software development, data engineering, business intelligence, and data science, delivered primarily to regulated-sector enterprises in finance, healthcare, government, energy, and space.

Product overview

E-Group is a deep-tech software company building platforms where AI runs, organized around three core product pillars: Trust (identity and digital trust platforms), Smart Data (data management and federated AI), and Xchange (banking and communication solutions). The Smart Data portfolio includes FedX (federated AI learning platform) and FedEU.AI (confidential computing) for privacy-preserving AI training across distributed data. Services include Co-Innovation, Software Development, Data Engineering, Business Intelligence, and Data Science. The company operates across five sectors: FinTech, HealthTech, GovTech, EnergyTech, and SpaceTech.

Differentiator

Problem solved

Functional benefit

Brands

• Trust: Identity and digital trust platforms offering trust-based data sharing and governance ecosystem.
• Xchange
• Smart Data
• FedX
• FedEU.ai
• MOBIX

Products and services

• Trust Identity management and digital trust platform providing identity management modules and a trust-based data sharing and governance ecosystem for secure business operations across regulated enterprises.
• Smart Data Data management platform spanning deep-tech data management, data science, and visualization, empowering businesses to reach their data-driven goals through comprehensive analytics capabilities.
• Xchange Banking and conversational solutions facilitating productive communication through payment gateway and communication agent platforms for enterprise customers.
• FedX Federated AI Learning Platform Sovereign AI platform for federated learning enabling collaborative AI training across decentralized data sources without sharing data, with a privacy-preserving sandbox for training, testing, and validation. Sold to research institutions, healthcare systems, and regulated industries.
• FedEU.ai Confidential computing platform providing a federated cloud-edge AI continuum, creating a connected sovereignty EU knowledge layer that addresses training AI on dispersed big data across cloud-edge layers.
• Payment Gateway Card payment processing solution enabling fast card transactions between card-issuing networks and banks through reliable software, part of the Xchange product family.
• MOBIX Communication Platform Communication platform supporting call-center and administrative functions, with accessibility extensions for visually impaired users (Távszem / Remote Eye service).
• FedX Biobank Network National Federated Biobank Network connecting 12 independent biobanks with FAIR data standards, enabling cross-institutional health data analysis while preserving patient privacy.
• Co-Innovation Collaborative innovation service where E-Group works with client technology-driven teams to craft solutions through joint development approaches.
• Software Development Full-cycle software development services for building platforms where AI runs, with expertise across multiple technology sectors.
• Data Engineering Technical services for managing and processing data infrastructure, supporting E-Group's deep-tech data management capabilities for enterprise clients.
• Business Intelligence Analytics and reporting services providing complex analysis and BI reports to boost productivity and predict relevant trends for enterprise customers.
• Data Science Advanced analytics and machine learning services leveraging deep-tech methodologies for data-driven insights and AI model development.

Quantifiable outcome

• 90% energy savings compared to centralized AI training
• +2 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability11 records

Feature6 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• EU IPCEI-CIS/8RAcoreStrategic or Co-development Partner · 27 November 2025E-Group co-leads Workstream 3 and leads the AI Cluster in the EU IPCEI-CIS project. The initiative develops advanced modular processing services for the Multi-Provider Cloud-Edge Continuum, with Ambiti8n serving as the practical implementation vehicle validating WS3 components through integrated horizontal pilots.
• Gdańsk University of TechnologyminorStrategic or Co-development Partner · 27 November 2025Academic partner in the IPCEI-CIS/8RA project contributing research and development capabilities.
• Semmelweis UniversitycoreStrategic or Co-development PartnerLeading healthcare partner in the Semmelweis Biobank Network (12 independent biobanks, ~100,000 individuals). Joint research on federated AI for cross-biobank analysis using MQTT transformer architecture without compromising patient privacy.
• HeliX ConsortiumcoreStrategic or Co-development PartnerE-Group is a core member of the HeliX consortium developing the European Health Data Space with 50+ partner institutions. FedX platform is operationally validated across this ecosystem.
• Budapest University of Technology and Economics (BME)coreStrategic or Co-development PartnerE-Group maintains a close collaboration with BME's Artificial Intelligence programme. Students work on real technology projects in live research environment. Joint research includes 'Cross-Biobank Analysis by Transformers' poster. CEO Antal Kuthy is a former OTDK winner from BME.
• Thales Alenia SpacecoreStrategic or Co-development PartnerMultinational space industry company supporting the E-Group-ESA AI development project. Provides specialized knowledge and access to space industry critical infrastructure.
• European Space Agency (ESA)coreStrategic or Co-development PartnerE-Group and ESA signed a technology excellence-oriented AI development project agreement for 2024 and beyond, focused on space technology applications.
• European Union Contest for Young ScientistsminorOthersHungary ranks 5th on EU's overall medal table. OTIO competition is organically linked to this prestigious European science competition.
• Hungarian Innovation AssociationcoreOthersE-Group COO Dr. Ferenc Pongrácz serves as board member. The association organizes OTIO, and E-Group sponsors the NextGen AI Special Prize to support young innovators.

Scale indicators5 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Apheris: German federated AI platform for life sciences that enables training on distributed biomedical data without moving it. Closely aligned with E-Group's FedX/FedEU.ai federated computing architecture in the same European regulated-vertical.
• Inpher: Privacy-preserving machine learning and confidential computing platform using secure multi-party computation and homomorphic encryption. Comparable to E-Group's confidential-computing layer within FedEU.ai for sensitive data collaboration.
• Duality Technologies: US- and Israel-based secure data collaboration platform built on homomorphic encryption and secure multi-party computation. Direct peer to E-Group's privacy-preserving AI infrastructure in regulated industries.
• Owkin: France- and US-based federated learning platform purpose-built for healthcare and life sciences. Direct comparator to E-Group's FedX Biobank Network given shared privacy-preserving, cross-institution clinical-data thesis.
• TripleBlind: US-based privacy-preserving AI company enabling model training and data collaboration without moving raw data. Direct competitor in the privacy-enhancing computation and federated-AI space that E-Group addresses with FedX.
• Zama: French open-source cryptography company building fully homomorphic encryption (FHE) tooling for AI on encrypted data. Comparable emerging European player in the same confidential / sovereign AI layer that FedEU.ai targets.
• Flower Labs: Open-source federated learning framework (Flower) used to build distributed AI training pipelines. Comparable to E-Group's FedX as a developer-facing federated-learning substrate, though Flower is framework-led and E-Group is platform-led.
• Sherpa.ai: Spanish federated and privacy-preserving AI platform serving regulated European enterprises. Direct peer to E-Group's FedEU.ai sovereign federated AI offering, with similar European data-sovereignty narrative.

Broad incumbents

• Databricks: Large, established data and AI platform (Lakehouse + MLflow-based MLOps) that overlaps with E-Group's Smart Data and FedX positioning. A broad incumbent that competes in MLOps/model lifecycle management but does not focus on E-Group's federated-sovereign niche.
• H2O.ai: Enterprise AI / MLOps platform (H2O AI Cloud, Driverless AI) serving regulated industries. Broad incumbent adjacent to E-Group's enterprise AI platform play, with overlapping customers in finance and healthcare but a different architectural emphasis on federated learning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCcPu-nVi9rzGezd8jOzTURA
• Facebookfacebook.com/people/E-Group-ICT-Software/100042485577289
• LinkedInlinkedin.com/company/e-group-ict-group

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 E-Group