Independent Consulting

Name

Independent Consulting

Legal name

ICS Bermuda Ltd

Website

https://icsbermuda.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Managed IT and Cloud Services

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Computer Facilities Management Services (541513)

SIC

Services-Computer Rental & Leasing (7377), Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Processing & Data Preparation (7374)

akta.pro primary industry

Virtual Desktop & Application Delivery (VDI/DaaS, Remote Apps) (BPAEAIAC)

akta.pro secondary industries

Managed Workplace Services (DaaS/Workplace-as-a-Service) (BPAEAIAA), Attack Detection & Response for Cloud/SaaS (SOC for Cloud) (HDADAGAJ), Cloud Identity & Access Management Infrastructure (IAM/IdP/MFA) (HDABAHAF)

Keywords

• Desktop as a Service
• Managed Cybersecurity Services
• Accounting Outsourcing
• Virtual CFO Services
• Cloud Hosting Services

Headquarters

HQ city

Hamilton

HQ country

Bermuda

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Desktop as a Service (DaaS): Monthly subscription-based virtual desktop services billed per user with computing resources (CPU, RAM). Basic pricing starts at $50 per user per month. Revenue is recurring and scales with customer user count.
2. Accounting Outsourcing Services: Comprehensive offshore accounting and financial management services including bookkeeping, tax preparation, accounts payable/receivable, payroll processing, and management reporting. Services are tailored to small, mid, and large-scale businesses with flexible engagement models.
3. Medical Billing Services: Revenue cycle management, credentialing, and consulting services for healthcare providers including charge entry, coding, EHR audits, claim submissions, AR/denial management, and provider credentialing.
4. Virtual CFO Services: Part-time or interim CFO services providing financial oversight, forecasting, cash flow analysis, budget planning, and strategic financial planning. Can be delivered as specific-purpose or ongoing engagement.
5. Strategic Advisory Services: Strategic planning, project development and management, training design and delivery, succession planning, and leadership consulting for organizations and philanthropists.
6. Managed Cybersecurity Services: Managed security services including EDR, SIEM, dark web monitoring, and vulnerability management with options for standard business hours or 24x7 SOC coverage.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

ICS Bermuda provides cloud-hosted virtual Windows desktops via its Evolution Cloud DaaS platform, deployable in under 24 hours with 99.95% availability. It complements this with managed cybersecurity (EDR, SIEM, dark web monitoring, vulnerability management) and an extensive suite of business process outsourcing services covering outsourced accounting, bookkeeping, virtual CFO, payroll, medical billing, AR/AP management, audit support, inventory management, and strategic advisory for SMEs, accounting firms, IT managers, and healthcare providers.

Product overview

Independent Consulting Solutions (ICS Bermuda) operates a platform-plus-services model centered on its Evolution Cloud Desktop as a Service (DaaS) offering. Evolution Cloud is a cloud-hosted virtual Windows desktop solution that serves as the primary product, enabling businesses to deploy remote workstations with full management capabilities. Complementing the DaaS platform, ICS provides an extensive suite of business process outsourcing services spanning accounting (outsourced accounting, bookkeeping, virtual CFO, QuickBooks and Xero accounting services), payroll management, medical billing, inventory management, operational and cost analysis, audit support, and strategic advisory services. The company also offers managed cybersecurity services as an integrated security layer. All services emphasize 24/7 support, transparent flat-rate pricing, and cloud-based delivery with data center certifications including SOC 1 Type II and SOC 2 Type II.

Differentiator

Problem solved

Functional benefit

Brands

• Evolution: Cloud-based virtual desktop solution providing cloud-hosted virtual Windows desktops for businesses, enabling remote work and desktop virtualization services

Products and services

• Evolution Cloud (Desktop as a Service) Fully-managed cloud-hosted virtual Windows desktop solution that lets businesses deploy remote workstations accessible from any device via web browser. Includes secure remote access, daily backups, antivirus protection, and 24/7 monitoring, targeted at SMEs, accounting firms, IT managers, and managed service providers.
• Desktop Virtualization Replacement of traditional physical desktop environments with remotely controlled cloud-based workspaces, supporting hybrid work arrangements and thin client deployment to simplify IT management and reduce hardware spend.
• Managed Cybersecurity Services Full managed security service providing advanced detection, incident response, and recovery against cyber threats, including Endpoint Detection & Response, Managed SIEM, Dark Web Monitoring, Vulnerability Management, MFA/SSO, DDoS protection, and high-end firewalls with optional 24x7 monitoring.
• Accounting Outsourcing Services Comprehensive offshore accounting and financial management services covering bookkeeping, tax preparation, accounts payable/receivable, payroll processing, and management reporting, delivered by certified accounting professionals.
• Bookkeeping Services Outsourced bookkeeping including chart of accounts setup, ledger maintenance, bank reconciliation, accounts receivable/payable management, cash flow management, and financial reporting for small and mid-sized businesses.
• Virtual CFO Services Remote CFO services providing financial oversight, forecasting, cash flow analysis, budget planning, and strategic financial planning, available as part-time consulting, interim CFO during transitions, or specific-purpose CFO engagements.
• Medical Billing Services Revenue cycle management, credentialing, and consulting services for healthcare providers covering charge entry, coding, EHR audits, claim submissions, AR/denial management, and provider training to reduce billing errors and revenue leakage.
• Payroll Management Services End-to-end payroll outsourcing covering record maintenance, payroll preparation, cost analysis, statutory compliance submissions, salary processing, pay slip generation, and W-2/1099 form preparation for small and mid-sized businesses.
• Audit Support Services Outsourced audit support for CPA firms covering internal, external, IRS, forensic, and sales tax audits, including planning, execution, and finalization phases with working paper preparation to extend firm capacity during peak periods.
• Accounts Receivable and Payable Management Managed AR and AP outsourcing including invoice management, payment processing, vendor bill verification, aging analysis, and cash flow prediction, with reported reductions in AR/AP costs of up to 68%.
• Inventory Management Outsourcing Multi-echelon inventory management outsourcing for manufacturing, retail, and ecommerce covering POS support, forecasting, barcoding, warehouse management, batch tracking, and reordering automation, with reported client growth rate uplift of up to 84%.
• Control Account Reconciliation Services Financial controller services reconciling discrepancies between balance sheets and transaction sources, including vendor, customer, cash, and bank reconciliations to identify fraud and misappropriation, with reported elimination of up to 85% of discrepancies.
• Cost Analysis Services Cost accounting and analysis covering variance analysis, contribution analysis (marginal costing), break-even analysis, and overhead analysis to inform pricing strategies and profitability for small, mid-sized, and large-scale businesses.
• Strategic and Operational Advisory Services Business consulting including strategic planning, project development and management, training design and delivery, succession planning, and strategic planning support for organizations and philanthropists.

Quantifiable outcome

• Reduce CFO resource costs by up to 75%
• +5 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core and flagship.

• LiveNetcoreTechnology or IntegrationSolid partnership with LiveNet for providing cloud solutions and network infrastructure. LiveNet Account Manager Altonio Roberts represents the partnership at ICS, supporting business continuity and cloud service delivery to Bermuda-based customers.
• Worldwide Recognized DatacenterscoreTechnology or IntegrationPartnerships with high-tech datacenters worldwide enabling global cloud PC deployment with fast access regardless of user location. SOC 1 TYPE II and SOC 2 TYPE II certified data center infrastructure ensures enterprise-grade security and compliance.
• NVIDIAflagshipStrategic or Co-development PartnerDelivered in partnership with NVIDIA for the Bermuda Principles 30th Anniversary Conference session on The Future of AI in Business. ICS leadership attended the AI conference featuring NVIDIA-backed panel discussions on AI's real-world business implications.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Microsoft (Azure Virtual Desktop): Azure Virtual Desktop is a hyperscale public-cloud DaaS offering bundled into Microsoft's broader cloud and productivity stack. It competes directly with Evolution Cloud on managed Windows virtual desktops for SMBs and enterprises.
• Amazon Web Services (Amazon WorkSpaces): AWS WorkSpaces is the hyperscale cloud DaaS offering from Amazon. It overlaps directly with ICS's Evolution Cloud DaaS product on managed Windows cloud desktops delivered from global AWS regions.
• Kaseya: Kaseya is a large IT and cybersecurity management platform serving MSPs and SMBs, with managed SOC and RMM capabilities. It is a broader incumbent comparable to ICS's managed IT + managed cybersecurity stack for SMBs.
• Citrix Systems (Cloud Software Group): Citrix is the legacy enterprise VDI/DaaS incumbent whose products ICS explicitly positions Evolution Cloud as a 'Citrix Replacement' for. It represents the established alternative in the same virtual desktop category, serving larger enterprises.
• VMware (Omnissa Horizon): VMware Horizon (now under Omnissa) is a major enterprise VDI/DaaS platform. It is a comparable incumbent in the virtual desktop infrastructure space that ICS competes against for cost-sensitive customers.

Direct peers

• Pilot.com: Pilot.com is a tech-enabled outsourced bookkeeping, accounting, and CFO services provider for SMBs. It is a direct peer to ICS's accounting outsourcing, bookkeeping, and virtual CFO services bundle.
• Nerdio: Nerdio provides managed cloud desktop solutions built on Microsoft Azure, targeting MSPs and SMBs with simplified DaaS deployment. It is a direct peer in the simplified/Azure-based DaaS-for-MSP segment that ICS also targets.
• V2 Cloud: V2 Cloud delivers cloud-based virtual desktops aimed at SMBs, accountants, and bookkeepers with simple subscription pricing — closely aligned with ICS's SME and accounting-firm DaaS focus.
• Cloudalize: Cloudalize is a cloud-hosted DaaS provider offering GPU/CPU virtual desktops globally with simple per-user pricing. It mirrors ICS's positioning on simplified, transparent DaaS for small and mid-sized businesses.
• Dizzion: Dizzion is a managed DaaS provider delivering cloud-hosted virtual desktops and desktops-as-a-service to enterprises and SMBs. It is closely comparable to ICS's Evolution Cloud offering in product, delivery model, and target buyer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/1887474
• Facebookfacebook.com/independentconsultingsolutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 Independent Consulting