Itware

What Itware does

Itware is a privately held Hungarian software development and IT services company founded in 2001 and headquartered in Budapest. The firm provides project management and system integration services, operating as a boutique regional service provider with a headcount band of 11–50 employees. Its founder, Hajdu Károly, established the company in the early 2000s, and it has maintained continuous operations for over two decades.

The company's offering centers on project management consulting and system integration work, typical of mid-sized Central European IT services firms that bridge enterprise clients with implementation partners or custom software delivery. No specific proprietary products, technology platforms, or vertical specializations are disclosed in the available data; the website (itware.hu) returned only a loading/verification page during data collection, providing no additional technical or commercial detail.

Business model specifics — including pricing structure, customer segments, go-to-market approach, and revenue mechanics — are not disclosed in the available source material. The single capital event on record is a 2013 transaction involving investor VentureOut with a $0 disclosed amount, which does not establish meaningful financial scale or external validation. No named customers, partnerships, certifications, or awards are referenced. Given the absence of product detail, the company appears to operate as a traditional services shop, monetizing through project-based or retainer engagements rather than recurring software licensing.

Name

Itware

Website

https://itware.hu

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Itware is a Hungarian IT services firm founded in 2001 in Budapest, providing project management and system integration services to clients via a small team of 11–50 employees under founder Hajdu Károly.

Ownership category

akta.pro rank

Product category

IT Services

NAICS

Computer Systems Design Services (541512), Custom Computer Programming Services (541511)

SIC

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

akta.pro primary industry

ITIL/ITSM Process Consulting & Implementation (BPAEAJAB)

akta.pro secondary industries

ITSM Tooling Integration, Automation & Orchestration (BPAEAJAD), IT Service Management (ITSM) Platforms (HDAEALAA)

Keywords

• Software development services
• Project management services
• System integration
• IT consulting
• Custom software development

Headquarters

HQ city

Budapest

HQ country

Hungary

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations

Core offering

Itware is a software development company providing project management and system integration services. The firm delivers custom software development work and IT services to business clients on a project basis.

Differentiator

Problem solved

Functional benefit

Products and services

• Project Management Services Project management services delivered to business clients as part of Itware's software development engagements.
• System Integration Services System integration services provided to business clients to connect and align IT systems and software components.

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves2 records

Broad incumbents

• Deloitte Consulting: Major consulting and technology services firm offering IT system integration and project management. Comparable in advisory-led integration work though operating within a much broader professional services portfolio.
• Cognizant: Large-scale IT services and digital transformation provider with deep system integration capabilities. Comparable in offering overlap but materially larger and more diversified than Itware.
• TCS (Tata Consultancy Services): Global IT services, consulting, and system integration powerhouse. Comparable in core SI and software services but at far greater scale and geographic reach.
• Accenture: Global professional services leader with a large systems integration practice serving enterprises worldwide. Comparable in service category but offers a much broader portfolio and competes for the same enterprise integration mandates.
• Capgemini: European-headquartered IT services and engineering firm with strong system integration practice. Comparable in service offerings and target enterprise buyers, particularly across EU markets.

Direct peers

• Globant: IT and digital services company offering system integration, custom software development, and project-based consulting. Comparable in core service lines and customer profile to Itware, though operating globally and at much larger scale.
• EPAM Systems: Global IT services and system integration firm with major Eastern European delivery centers. Highly comparable as a software development and SI provider competing for similar enterprise integration work, though at vastly larger scale.

Regional players

• Prezi: Budapest-based software company with global reach. Comparable as a Hungarian technology firm but focused on its own product rather than SI services.
• LogMeIn (GoTo): Budapest-headquartered technology company with deep Hungarian roots and global operations. Comparable as a notable Hungarian IT firm operating in the broader tech services/software space, though primarily SaaS-oriented rather than SI.
• Qualysoft: Central European IT services company headquartered in Austria with Hungarian operations. Comparable as a regional system integration and software services competitor in overlapping CEE markets.

Market position

Strengths3 records

Weaknesses3 records

Competitive moat2 records

Key risks4 records

Key highlights4 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

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 Itware