Diode
iteam AS is a Norwegian managed IT services provider with 400+ employees across 40+ local offices delivering cloud, security, identity (Identum), and modern workplace solutions to municipalities, energy firms, aquaculture companies, financial institutions, and broader enterprise customers throughout Norway.
- Company typePrivate
- Founded2004
- HeadquartersTromsø, Norway
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Diode does
The company operates as a private Norwegian IT services provider, marketed under the brand "iteam" with the legal entity iteam AS, headquartered in Norway and delivering managed IT services to the Norwegian business market. Its functional offering spans three streams: recurring managed IT operations (cloud, security, modern workplace), project-based IT consulting and professional services for digital transformation, and IT hardware/software resale through an online storefront (shop.iteam.no). Services are priced via custom annual subscriptions rather than public list pricing, reflecting a B2B enterprise procurement model.
The company goes to market through a sales-led, locally embedded channel: more than 400 employees are distributed across over 40 physical offices from Svalbard to Kristiansand, enabling nationwide coverage with regional proximity. This is reinforced by annual customer events (iteam FjordIT conference, iteam Golfturnering), verticalized content for aquaculture, energy, and contractor segments, and partnerships such as with Identum for automated access management. The customer base is highly diversified across Norwegian municipalities, energy companies, aquaculture majors (Grieg Seafood, SalMar, Mowi, Andfjord Salmon, Erko Seafood, Akvagroup), financial institutions (Sparebank1, Handelsbanken), oil & gas services (OneSubsea, Halliburton, Nordkraft, LKAB), transportation (Fjord1, Airlift), manufacturing, retail, and nonprofit clients (Amnesty International, Virke). Identum functions as an embedded sub-brand for identity and access control, and the Tilbake program is a structured sustainability collaboration with customers and partners.
Revenue mechanics are anchored in subscription recurring managed services supplemented by project consulting and lower-margin hardware/software pass-through. The company self-identifies as one of Norway's fastest-growing IT firms and was recognized in Radar Leverandørkvalitet 2025 (Norway's first supplier quality ranking). (Note: input firmographics list the company as "Diode" based in Tromsø with 11–50 employees and URL diode.no, which is inconsistent with the 400+ employee, 40+ office iteam dataset that dominates the input; the substantive analysis below reflects the iteam dataset, which contains all operational, customer, and signal data.)
Diode firmographics
Firmographics- Name
- Diode
- Legal name
- iteam AS
- Website
- https://diode.no
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- iteam AS is a Norwegian managed IT services provider with 400+ employees across 40+ local offices delivering cloud, security, identity (Identum), and modern workplace solutions to municipalities, energy firms, aquaculture companies, financial institutions, and broader enterprise customers throughout Norway.
- Ownership category
- akta.pro rank
Diode industry classification
Industry- Product category
- IT Managed Services
- NAICS
- Computer Facilities Management Services (541513), Computer Systems Design and Related Services (54151)
- SIC
- Services-Computer Integrated Systems Design (7373), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Managed Workplace Services (DaaS/Workplace-as-a-Service) (BPAEAIAA)
- akta.pro secondary industries
- Identity Threat Detection & Response (ITDR) (HDAEAJAH), Enterprise Architecture & IT Operating Model (BPAHAEAB), Digital Experience Monitoring & Management (DEX/DEM, AIOps for EUC) (BPAEAIAF)
Keywords
Where Diode is headquartered
LocationHeadquarters
- HQ city
- Tromsø
- HQ country
- Norway
- HQ region
- Europe
Offices4 records
Markets served
Diode business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- IT Managed Services: Recurring IT operations and managed services to business customers across Norway, delivered through local offices with national coverage
- IT Consulting and Professional Services: Project-based IT consulting, implementation, and professional services for digital transformation and IT infrastructure
- IT Hardware and Software Sales: Online store (shop.iteam.no) selling IT hardware and software products to business customers
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Custom enterprise pricing based on scope and requirements |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Diode product offering
Product offeringCore offering
Diode (operating under the legal name iteam AS) is a Norwegian IT services company that delivers secure and smart IT solutions covering cloud services, cybersecurity, and modern workplace technologies. The company provides recurring IT managed services, project-based IT consulting and professional services for digital transformation, and IT hardware and software sales through an online store to business customers across Norway. Operations are delivered through a national network of more than 40 local offices staffed by over 400 employees.
Product overview
iteam is a Norwegian IT services company offering secure and smart IT solutions including cloud services, security, and modern workplace solutions. The company operates with over 400 employees across more than 40 local offices throughout Norway, delivering IT operations services to businesses nationwide. The source content describes their service portfolio in general terms (cloud, security, modern workplaces) but does not enumerate specific named product modules, sub-brands, or distinct product offerings with individual product pages.
Differentiator
Problem solved
Functional benefit
Brands
- Identum: Automated access management solution for controlling user access and identity management.
Products and services
- IT Managed Services
Quantifiable outcome
- Recognized as leading supplier in Radar Leverandørkvalitet 2025 (Norway's first supplier quality ranking)
Companies that use Diode
Customer profileNamed customers40 records
Segments5 records
Ideal customer profiles5 records
Diode technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Diode partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- IdentumcoreIdentum provides automated access management solutions for user identity and access control. iteam resells and integrates Identum's automated access management solution as part of their security offerings to customers. Featured in customer stories as a key technology partner.
Scale indicators4 records
Recent moves5 records
Expansion highlights5 records
Diode competitors and assessment
Company assessmentBroad incumbents
- Capgemini: Global systems integrator with Norwegian operations; competes in cloud, cybersecurity, and digital workplace engagements for large Norwegian enterprises and the public sector.
- Sopra Steria: European IT services group with established Nordic/Norwegian presence; competes in digital transformation, managed services, and workplace modernization for Norwegian enterprises and public sector.
- CGI Group: Global IT and business consulting services firm with Norwegian delivery centers; competes for the same Norwegian enterprise and public-sector managed services contracts as iteam.
- Accenture (Nordics): Global management and technology consultancy with significant Norwegian operations; competes in large-scale digital transformation, cloud, and managed services for Norwegian enterprises and public sector.
- TietoEVRY: Largest Nordic-based IT services and software company with significant Norwegian operations; broader portfolio but overlaps directly with iteam in managed services, cloud, and digital workplace.
Direct peers
- Netlight Consulting AB: Nordic IT and digital strategy consultancy with Norwegian presence; competes for IT consulting, cloud, and modern workplace engagements with enterprise clients in Norway.
- Computas AS: Norwegian IT services and software company focused on public sector and enterprise; directly comparable in customer segments (Norwegian municipalities and agencies) and managed/cloud delivery model.
- Atea ASA: Largest Nordic IT infrastructure and managed services provider with deep presence across Norway; directly competes with iteam in workplace services, cloud, and hardware/software reselling to Norwegian enterprises and public sector.
- Knowit AB: Nordic digital and IT consulting group with Norwegian presence; comparable in scale, service mix (managed services, cloud, workplace), and target customer base across the Nordics.
- Bouvet ASA: Norwegian-listed IT consulting and digital services firm; comparable regional IT services peer with similar customer segments (public sector, energy, industry) and subscription-style engagements in Norway.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Diode social profiles
Digital presenceDiode financial estimates
Financial estimateRevenue estimate
Valuation estimate
Diode leadership team
Management profileNumber of profiles
Profiles1 record
Diode funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Diode M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Diode
What does Diode do?
Diode (operating under the legal name iteam AS) is a Norwegian IT services company that delivers secure and smart IT solutions covering cloud services, cybersecurity, and modern workplace technologies. The company provides recurring IT managed services, project-based IT consulting and professional services for digital transformation, and IT hardware and software sales through an online store to business customers across Norway. Operations are delivered through a national network of more than 40 local offices staffed by over 400 employees.
Is Diode a public or private company?
Diode is a private company. It is classified as unknown and is currently operating.
When was Diode founded?
Diode was founded in 2004. It employs 11 to 50 people.
Where is Diode based?
Diode is headquartered in Tromsø, Norway, in the Europe region.
How does Diode make money?
Three revenue lines are on record. IT Managed Services are the primary driver. The others are IT Consulting and Professional Services and IT Hardware and Software Sales.
Who are Diode's main competitors?
Broad incumbents on record are Capgemini, Sopra Steria, CGI Group, Accenture (Nordics) and TietoEVRY. Direct peers are Netlight Consulting AB, Computas AS, Atea ASA, Knowit AB and Bouvet ASA.
Does Diode have an API?
No public API is recorded for Diode.
What industry is Diode in?
Diode's product category is IT Managed Services. Its primary akta.pro industry code is BPAEAIAA, Managed Workplace Services (DaaS/Workplace-as-a-Service), with a secondary code of HDAEAJAH, Identity Threat Detection & Response (ITDR). Its NAICS code is 541513 and its SIC code is 7373.