Ikron

What Ikron does

IKRON Fejlesztő és Szolgáltató Kft. is a Szeged, Hungary-based privately held IT company founded in 2002 that develops and implements proprietary enterprise resource planning (ERP) software and delivers outsourced IT infrastructure management services. The company serves a horizontally segmented base of Hungarian small and medium enterprises (SMEs) through its PEAS and Plutius ERP products alongside managed IT services for larger enterprises operating in Hungary, including Rolls-Royce, Siemens, LogMeIn, Doktor24, and Vidanet. IKRON operates with approximately 40 employees, has been continuously operating for 20+ years, and reports a cumulative base of 13,000+ users and partners in Hungary; it has received recognitions including the Magyar Termék Nagydíj (Hungarian Product Grand Prize) and Pegazus díj.

IKRON's product portfolio centers on two proprietary ERP systems: PEAS Vállalatirányítási Rendszer (PEAS ERP), targeted at micro, small, and medium enterprises for business process automation and digital workflows; and Plutius ERP, a cloud-based system featuring gamification and robotic process automation (RPA) extended to manufacturing. The underlying technology stack combines HTML5/CSS3/JavaScript front-ends built on JSF/PrimeFaces and Bootstrap, virtualization layers (XEN, KVM) with container support (Docker, LXD), and distributed storage (CEPH, ZFS, BTRFS, GlusterFS). It also includes a proprietary multiprocessor data collection and analysis platform developed under an EU-funded GINOP project (615.19M HUF total, 65.28% subsidy). Through a consortium with TEKINVEST HOLDING Zrt., IKRON has co-developed an instant payment system terminal integrating online cash register and card acceptance (351.6M HUF project, 60% subsidy). Managed IT services comprise 24/7 system monitoring, remote supervision, centralized backups, and incident response.

Revenue is generated through five streams: (1) one-time ERP license and implementation sales, frequently subsidized 50-70% via Hungary's GINOP/GINOP Plusz EU procurement programs — IKRON has been an official qualified supplier in the Modern Vállalkozások Program "Vállalkozz digitálisan!" since 2016; (2) recurring monthly fees for managed IT monitoring, backups, and 24/7 technical support; (3) recurring virtual private server (VPS) and web hosting subscriptions; (4) project-based system integration and consulting including EU grant advisory; and (5) non-dilutive EU R&D and infrastructure grants co-funding internal product development, with cumulative GINOP/GINOP Plusz support exceeding 1 billion HUF since 2015. Go-to-market is sales-led and direct, with the MVP qualified-supplier channel serving as a primary SME acquisition pathway and supported by content marketing (corporate blog, downloadable brochures), SEO, and organic social channels.

Name

Ikron

Legal name

IKRON Fejlesztő és Szolgáltató Kft.

Website

https://ikron.hu

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Short description

IKRON is a Szeged, Hungary-based IT company developing proprietary PEAS and Plutius ERP systems and providing managed IT services — monitoring, VPS hosting, and system integration — primarily to Hungarian SMEs and select enterprises including Rolls-Royce, Siemens, and LogMeIn.

Ownership category

akta.pro rank

Product category

Enterprise Resource Planning (ERP) Software

NAICS

Custom Computer Programming Services (541511), Computer Systems Design Services (541512), Computer Facilities Management Services (541513)

SIC

Services-Computer Programming Services (7371), Services-Computer Integrated Systems Design (7373), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

ERP Managed Services & AMS (Application Management) (BPAEAGAB)

akta.pro secondary industries

ERP Implementation & Systems Integration Services (BPAEAGAA), ERP/CRM/HRIS Implementation & Integration (BPAEAAAE), Software/Application Support (SaaS, Enterprise Apps) (BPAAACAC)

Keywords

• ERP software solutions
• IT system management
• Managed IT services
• Virtual server hosting
• System integration services

Headquarters

HQ city

Szeged

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. ERP Software Sales & Implementation: IKRON sells and implements its proprietary PEAS and Plutius ERP systems to Hungarian SMEs, with acquisition facilitated through EU-funded procurement programs (GINOP, GINOP Plusz). Pricing is quote-based, with significant subsidies covering up to 70% of costs for eligible companies. Implementation services include consulting, configuration, and ongoing support.
2. IT System Management & Monitoring: Monthly fee-based IT system management and monitoring services covering hardware/software maintenance, security, backups, and 24/7 technical support (műszaki ügyelet). Services include remote supervision, alerting, centralized backups, and daily 24-hour support.
3. Virtual Server (VPS) & Hosting: Virtual private server hosting and web hosting services. VPS provides dedicated server functionality on shared physical infrastructure with automatic backups and security management.
4. System Integration & Consulting: System integration projects, IT infrastructure consulting, EU grant application advisory, and project management support for ERP implementation. Services include hardware procurement support.
5. EU Grant-Funded Projects: IKRON has participated in multiple EU-funded R&D and infrastructure projects (GINOP, NKFI, GINOP Plusz) either as sole beneficiary or consortium partner, receiving non-reimbursable grants and subsidized loans for technology development, facility upgrades, and employee training.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

IKRON (IKRON Fejlesztő és Szolgáltató Kft.) develops and sells proprietary ERP software — PEAS Vállalatiranyítási Rendszer and the gamification-/RPA-enabled Plutius ERP — for business process automation and strategic decision support, primarily to Hungarian SMEs. Alongside its ERP products, IKRON provides managed IT infrastructure services, including 24/7 system monitoring and supervision (Rendszerfelügyelet), system integration, virtual private server (VPS) hosting, and web hosting/website development, with customers such as Rolls-Royce, Siemens, and LogMein.

Product overview

IKRON Fejlesztő és Szolgáltató Kft. is a Hungarian IT company founded in 2002, headquartered in Szeged, offering a portfolio of proprietary ERP systems and managed IT services. The core product portfolio consists of two ERP platforms: (1) PEAS Vállalatirányítási Rendszer (PEAS ERP), an enterprise resource planning system for business process automation; and (2) Plutius ERP, a cloud-based ERP with gamification and robotic process automation features, extended to manufacturing and international markets. These are complemented by a suite of IT services including system monitoring and 24/7 technical supervision (Rendszerfelügyelet), system integration, virtual private server (VPS) hosting, web hosting and website development, and office IT management. The company serves approximately 13,000 users and partners, and operates as a certified GINOP/GINOP Plusz ERP supplier under the Széchenyi 2020/Plusz EU funding programs, enabling SME clients to acquire their ERP products through subsidized procurement.

Differentiator

Problem solved

Functional benefit

Brands

• PEAS Vállalatirányítási Rendszer: ERP (Enterprise Resource Planning) system developed by IKRON for business management and process automation.
• Plutius ERP

Products and services

• PEAS Vállalatiranyítási Rendszer (PEAS ERP) Proprietary ERP (Enterprise Resource Planning) system developed and maintained by IKRON that automates business processes, supports digital workflows, and enables strategic decision-making. Targets Hungarian micro, small, and medium enterprises, and is qualified for subsidized acquisition under the government's Modern Vállalkozások Program (MVP).
• Plutius ERP Cloud-based ERP system featuring gamification elements and robotic process automation (RPA), extended with manufacturing system capabilities and prepared for international market launch. Developed as part of IKRON's EU-funded R&D and targets both Hungarian SMEs and planned international expansion.
• Rendszerfelügyelet és -üzemeltetés (System Monitoring & Management) Subscription-based managed IT infrastructure service providing 24/7 system monitoring, remote supervision, alerting, hardware/software maintenance, virus protection, centralized backups, and rapid incident response. Sold to Hungarian SMEs and enterprises, including named customers such as Rolls-Royce, Siemens, and LogMeIn.
• Rendszerintegráció (System Integration) Project-based IT system integration service that connects disparate hardware and software systems within customer environments, delivered as part of IKRON's professional services portfolio alongside consulting and grant-application support.
• Virtuális szerver (VPS) szolgáltatás Subscription-based Virtual Private Server hosting offering providing cost-effective, scalable virtual server infrastructure on shared physical hardware, with automatic backups and built-in security management. Targets Hungarian SMEs and enterprises needing outsourced compute and hosting.
• Webhosting és Honlapkészítés Web hosting and website development service covering domain management, website design, build, and ongoing maintenance for Hungarian customers.

Quantifiable outcome

• 20 years of stable, comprehensive IT service provision to partners
• +4 more outcomes

Named customers21 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core.

• TEKINVEST HOLDING Zrt.coreStrategic or Co-development Partner · 1 January 2020IKRON is a consortium member (konzorciumi tag) with TEKINVEST HOLDING Zrt. as consortium leader on the Azonnali fizetési rendszer terminál kifejlesztése (Instant Payment System Terminal development) project (project ID: 2020-1.1.2-PIACI-KFI-2020-00132, total funding: 351,621,047 Ft, 60% support rate). IKRON's role involves software technology development for the instant payment system terminal's integration with the instant payment system, online cash register functionality, and card acceptance. Physical completion: 2023.11.30.
• TEKINVEST HOLDING Zrt.coreStrategic or Co-development Partner · 1 January 2015IKRON and TEKINVEST HOLDING co-developed the Multiprocesszoros adat gyűjtő és elemző platform (Multiprocessor data collection and analysis platform) under project GINOP-2.1.1-15-2015-00669 (total project: 615.19M Ft, support: 401.59M Ft at 65.28%). The platform enables gamification-based ERP systems and online payment systems, representing a domain-independent sensor-network solution for real-time device monitoring and data analysis.
• Modern Vállalkozások Program (MVP) / GINOP-3.2.1coreChannel Partner/ Reseller/ DistributorIKRON is an official qualified supplier (minősített szállító) in the GINOP-3.2.1 Modern Vállalkozások Program (MVP) 'Vállalkozz digitálisan!' since 2016. This qualifies IKRON's PEAS ERP and Plutius ERP products for subsidized purchase by Hungarian SMEs through the program, and satisfies eligibility criteria for GINOP, VEKOP, and new GINOP Plusz calls. IKRON's products are listed on the program's internal supplier platform (vallalkozzdigitalisan.hu).
• EU Funding Programs (GINOP, GINOP Plusz, NKFI, VEKOP)coreOthersIKRON has participated in multiple EU-funded R&D and infrastructure projects as sole beneficiary or consortium partner: GINOP Plusz-1.2.1-21-2021-02239 (208.7M Ft, 70% subsidy, facility and technology development); GINOP-8.3.5-18/B (136.9M Ft working capital loan); GINOP-6.1.6-17 (21.9M Ft, 100% subsidized employee training); GINOP-5.3.2-16 (14.8M Ft, 96% subsidized flexible employment project). These grants co-fund IKRON's own R&D and enable subsidized ERP offerings to customers.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• SAP: Global ERP incumbent whose SAP Business One and S/4HANA offerings target the same SME and mid-market customers IKRON serves with PEAS/Plutius in Hungary; relevant as the dominant large-suite competitor shaping buyer expectations and partner ecosystems.
• Infor: Industry-specific cloud ERP vendor (Infor CloudSuite) with mid-market and enterprise traction in Europe; competes with Plutius' manufacturing-system extensions and broader IKRON ERP portfolio.
• Sage Group: Global SMB-focused accounting/ERP vendor (Sage 50, Sage X3, Sage Intacct) with strong European presence; overlaps with IKRON's SME ERP positioning and brings cloud-native delivery and an extensive partner channel.
• Oracle NetSuite: Cloud ERP suite targeting fast-growing small and mid-market businesses; relevant competitor as Hungarian subsidiaries of multinationals and ambitious SMEs standardize on NetSuite versus local ERP vendors.
• Microsoft Dynamics 365: Microsoft's cloud ERP/CRM suite (Business Central, Finance & Supply Chain) increasingly targets Hungarian SMEs and overlaps with IKRON's mid-market ERP positioning, especially given Microsoft partner-channel penetration in Hungary.

Emerging players

• Odoo: Open-source / freemium cloud ERP suite rapidly gaining adoption among European SMEs; competes with PEAS and Plutius on modular ERP, manufacturing, and e-commerce functionality at typically lower price points.

Direct peers

• BlackBelt Technology: Hungarian IT services and software development company providing custom application development, system integration, and managed IT services to enterprise clients; comparable to IKRON in service mix and target customer profile.
• Grepton Informatika: Hungarian SME-focused ERP and IT services vendor headquartered in Budapest; competes head-to-head with IKRON for Hungarian SME digitalization projects under the same GINOP/MVP subsidy framework and serves a similar manufacturing/services customer base.
• ALTA-I: Hungarian IT services and software firm offering enterprise solutions, system integration, and managed services to Hungarian businesses; overlaps with IKRON on IT outsourcing, system integration, and SME digitalization projects.

Regional players

• Exact (Visma): European SMB-focused ERP/accounting vendor (Exact Online, Exact Globe) now part of Visma; comparable to IKRON in customer size tier and product scope, and illustrates a viable regional SMB ERP growth template.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/ikronhu

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Ikron