Cheops Technology

What Cheops Technology does

Cheops Technology is a French managed-services provider specializing in sovereign cloud infrastructure, cybersecurity, and IT modernization for European enterprises and public-sector buyers. Founded in 1998 and headquartered in Canéjan (near Bordeaux), the company is listed on Euronext Access since April 2007, majority-owned by KHEPHREN (81%) with a 19% public float, and operates a wholly-owned Swiss subsidiary (CHEOPS TECHNOLOGY Switzerland SA, Plan-les-Ouates). Its delivery is organized around four service categories — Cloud & Managed Services, Cyberdefense, Modernisation Technologique, and Infrastructure — anchored by three proprietary platforms: iCod (managed private cloud operated in France), iCod Private AI (a sovereign environment for AI workloads), and SOC CyberPatriot (an AI-augmented managed security operations center that now contributes ~15% of revenue and is the company's fastest-growing activity).

The platform is built on a best-of-breed stack integrated across more than 40 technology partners, with deep tier relationships including HPE (Platinum), Microsoft, IBM (Gold), Nvidia, CrowdStrike, Fortinet, VMware, Nutanix, Veeam, NetApp, and Proofpoint. Cheops holds the regulatory and security certifications most relevant to French and European regulated workloads — ANSSI qualification, HDS (Hébergeur de Données de Santé), ISO 27001, ISO 20000-1, and ISAE 3402 Type II — which act as gating credentials for healthcare, public sector, and other sensitive buyers.

The business model is B2B managed services sold through direct enterprise field sales, a partner channel, and procurement frameworks such as CANUT for the French public sector. Enterprise "Grands Comptes" accounts represent approximately 30% of revenue, with the balance distributed across mid-market and long-tail customers across industries including outdoor sports (Salomon/Amer Sports), construction social-protection (UCFCI-BTP/CIBTP), animal health (CEVA), and chamber-of-commerce/public bodies (CCI Ille-et-Vilaine). Pricing is enterprise quote-based with no published rate cards, reflecting high-touch contract values. The company is led by Nicolas LEROY-FLEURIOT (Président-Directeur Général) and Didier DELHOSTE (Directeur Général Délégué), and reports FY2025 revenue above €400M.

Name

Cheops Technology

Legal name

CHEOPS TECHNOLOGY France

Website

https://cheops.fr

Company type

Public

Founded year

1998

Operating status

Operating

Headcount range

501–1,000 employees

Short description

French managed-services provider delivering sovereign cloud infrastructure, AI-augmented cybersecurity, and IT modernization to enterprise and public-sector customers across France and Switzerland via proprietary platforms (iCod, iCod Private AI, SOC CyberPatriot) and a 40+ partner ecosystem.

Ownership category

akta.pro rank

Product category

Managed IT Services

NAICS

Computer Systems Design and Related Services (5415), Software Publishers (5132)

SIC

Services-Computer Integrated Systems Design (7373), Services-Prepackaged Software (7372)

akta.pro primary industry

Hybrid Cloud Management, Monitoring & FinOps (HDABAMAD)

akta.pro secondary industries

Cloud Automation & IaC (Terraform, CI/CD, Policy-as-Code) (BPAEACAL), Cloud-Managed & Managed Security Systems Services (Remote Monitoring, Maintenance) (BPAKAGAJ)

Keywords

• Managed cloud services
• Sovereign cloud infrastructure
• Cybersecurity services
• Managed security operations
• IT infrastructure modernization

Headquarters

HQ city

Canéjan

HQ country

France

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Cloud & Managed Services: Managed cloud services including hybrid cloud, IT-as-a-service, private cloud, and public cloud offerings. These form the core revenue stream, with iCod private cloud solutions marketed as a sovereign managed alternative to hyperscalers.
2. Cyberdefense / Cybersecurity: Cybersecurity services including SOC (CyberPatriot), managed security, audit & consulting, threat detection and response. This division represents 15% of total revenue and is the fastest-growing segment, driven by AI-augmented SOC automation.
3. Infrastructure Services: Data management, digital workplace, IT transformation, connectivity and network security services provided as managed or professional services.
4. Modernisation Technologique: Technology modernization services including automated migration, application modernization, and continuous improvement, often tied to AI integration (iCod Private AI).

Go-to-market motion3 records

Distribution channels2 records

Marketing channels5 records

Core offering

CHEOPS TECHNOLOGY designs, builds, and operates sovereign cloud, private, hybrid, and secure IT infrastructures for enterprises and public sector organizations. Its core offerings span managed cloud services (iCod private cloud), AI-powered cybersecurity (SOC CyberPatriot), sovereign business AI (iCod Private AI), and IT modernization/infrastructure services, delivered through multi-vendor technology integration.

Product overview

CHEOPS TECHNOLOGY is a managed services provider specializing in sovereign cloud infrastructure, cybersecurity, and IT modernization. The company operates a platform-plus-services model centered on three flagship branded offerings: iCod (managed private cloud), iCod Private AI (sovereign business AI), and SOC CyberPatriot (AI-enhanced security operations). These are complemented by four service categories: Cloud & Services Managés, Cyberdéfense, Modernisation Technologique, and Infrastructure. CHEOPS TECHNOLOGY positions itself as an integrator of best-in-class technologies from its partner ecosystem (including HPE, Microsoft, Nvidia, VMware) to deliver sovereign, hybrid, and secure cloud solutions to enterprise customers in France and Switzerland.

Differentiator

Problem solved

Functional benefit

Brands

• iCod Private AI®: Sovereign, controlled and secure business AI environment solution that protects data while enabling AI capabilities.
• iCod
• SOC CyberPatriot

Products and services

• SOC CyberPatriot Managed Security Operations Center (SOC) service providing 24/7 cybersecurity monitoring, threat detection, and incident response, enhanced with generative AI for automated threat analysis and response. Targeted at enterprises and public sector organizations.
• iCod Private AI Sovereign business AI platform enabling enterprises to deploy AI applications in a controlled, sovereign, and secure environment without compromising data security or sovereignty. Processes structured enterprise data within a sovereign, controlled AI environment.
• iCod (Cloud Privé Managé) Managed private cloud platform operated by CHEOPS TECHNOLOGY in France, providing secure, resilient cloud infrastructure with guaranteed data sovereignty and the right application in the right cloud at the right price.
• Cyberdéfense (Cybersecurity Services) Comprehensive cybersecurity services including audit and consulting, risk identification, threat detection and response, and managed security integration. The division represented 15% of company revenue as of 2026.
• Cloud & Services Managés Managed cloud services encompassing hybrid cloud, IT as a service, public cloud, and managed services offerings for enterprise and public sector customers.
• Modernisation Technologique Technology modernization services including automated migration, application modernization, and continuous improvement for enterprise IT transformation.
• Infrastructure Services IT infrastructure services covering data management, digital workplace solutions, IT transformation services, and network connectivity and security.

Quantifiable outcome

• Revenue of 400+ M€ in 2025
• +3 more outcomes

Named customers4 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

Integration4 records

AI capability5 records

Feature3 records

Partnerships

18 partnerships are on record, tiered core.

• HPE (Hewlett Packard Enterprise)coreTechnology or IntegrationHPE is a strategic technology partner of CHEOPS TECHNOLOGY. The company holds HPE Platinum Partner status and jointly delivers solutions in servers, storage, Aruba networking, and HPE Juniper Networking. Joint go-to-market activities include virtualization events and hybrid cloud solutions (e.g., Azure Local & HPE).
• MicrosoftcoreTechnology or IntegrationMicrosoft is a strategic technology partner providing cloud and AI platform capabilities that CHEOPS TECHNOLOGY leverages for sovereign cloud and hybrid solutions, including Azure Local deployments.
• IBMcoreTechnology or IntegrationIBM is a Gold Business Partner. CHEOPS TECHNOLOGY delivers IBM i modernization solutions and collaborates on AI-powered application modernization initiatives (e.g., IBM BOB integration).
• NvidiacoreTechnology or IntegrationNvidia is listed as a strategic technology partner, providing GPU and AI compute infrastructure for CHEOPS TECHNOLOGY's sovereign AI offerings including iCod Private AI.
• CrowdStrikecoreTechnology or IntegrationCrowdStrike is a strategic cybersecurity technology partner providing endpoint protection and threat intelligence capabilities integrated into CHEOPS TECHNOLOGY's CyberPatriot SOC offering.
• FortinetcoreTechnology or IntegrationFortinet is a strategic partner in cybersecurity, collaborating on joint events around OT (Operational Technology) security, deception technology (FortiDeceptor), and network security solutions.
• VMware (by Broadcom)coreTechnology or IntegrationVMware is a strategic technology partner. CHEOPS TECHNOLOGY delivers VMware Horizon Mirage and virtualization solutions, and hosts joint events around virtualization alternatives.
• NutanixcoreTechnology or IntegrationNutanix is a strategic partner for hybrid cloud and virtualization solutions. Joint events such as the YONA virtualization event in Strasbourg demonstrate the partnership.
• CommvaultcoreTechnology or IntegrationCommvault is a strategic data protection partner. CHEOPS TECHNOLOGY co-hosts the SHIFT Commvault event and delivers data protection and cyber resilience solutions.
• WallixcoreTechnology or IntegrationWallix is a strategic cybersecurity partner providing identity and access management security solutions, aligned with CHEOPS TECHNOLOGY's cyberdefense offerings.
• Dell TechnologiescoreTechnology or IntegrationDell Technologies is a strategic partner for servers, storage, and industrial cybersecurity (OT) solutions. Joint events cover OT security topics at venues such as Stade de la Beaujoire in Nantes.
• AcroniscoreTechnology or IntegrationAcronis is a strategic partner for cyber protection and backup solutions, supporting CHEOPS TECHNOLOGY's managed services and SOC offerings.
• CitrixcoreTechnology or IntegrationCitrix is a strategic partner for digital workplace and virtualization solutions.
• ElasticcoreTechnology or IntegrationElastic is a strategic partner providing search, observability, and security analytics capabilities integrated into CHEOPS TECHNOLOGY's cybersecurity solutions.
• ScalitycoreTechnology or IntegrationScality is a privileged partner providing object and file storage solutions, contributing to CHEOPS TECHNOLOGY's data management and infrastructure offerings.
• VeeamcoreTechnology or IntegrationVeeam is a strategic partner for backup and data resilience solutions within CHEOPS TECHNOLOGY's managed services portfolio.
• NetAppcoreTechnology or IntegrationNetApp is a Gold strategic partner providing data storage and management solutions that complement CHEOPS TECHNOLOGY's infrastructure and cloud offerings.
• ProofpointcoreTechnology or IntegrationProofpoint is a strategic partner for email security and compliance solutions, integrated into the CyberPatriot SOC offering.

Scale indicators7 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• SCC France: SCC is a European IT services group with operations in France providing managed cloud, cybersecurity, and infrastructure services. It competes directly with CHEOPS TECHNOLOGY for enterprise customers across similar vendor ecosystems including HPE, Microsoft, and IBM.
• OVHcloud: OVHcloud is a French sovereign cloud infrastructure provider operating datacenters in Europe with SecNumCloud certification. It directly competes with CHEOPS TECHNOLOGY's iCod managed private cloud offering in the European sovereign cloud market, and both serve customers seeking alternatives to US hyperscalers.
• Devoteam: Devoteam is a French IT services and digital transformation company with comparable managed cloud, cybersecurity, and platform engineering services. Both firms serve enterprise customers in France and Switzerland with technology-focused consulting and managed services.
• Econocom: Econocom is a French-headquartered digital services company providing managed cloud, cybersecurity, and IT infrastructure services across Europe. Both CHEOPS TECHNOLOGY and Econocom serve mid-market and enterprise customers with technology financing and managed services models.
• 3DS Outscale: 3DS Outscale is a Dassault Systèmes subsidiary offering sovereign cloud services (IaaS, PaaS) with SecNumCloud certification in France. It competes with CHEOPS TECHNOLOGY in the French sovereign cloud market and serves similar regulated enterprise and public sector customers.

Broad incumbents

• Capgemini: Capgemini is one of the largest global IT services and consulting firms offering cloud, cybersecurity, and digital transformation services. It competes with CHEOPS TECHNOLOGY in French and European enterprise managed services markets with substantially greater scale and global footprint.
• Atos: Atos is a major French-headquartered IT services firm offering cloud, cybersecurity, and digital transformation services with strong presence across Europe. Despite recent financial challenges, it remains a large incumbent competing with CHEOPS TECHNOLOGY in enterprise managed services and public sector contracts.
• Sopra Steria: Sopra Steria is a major European IT services firm headquartered in France with strong presence in cloud, cybersecurity, and digital transformation across public sector and regulated industries. It competes with CHEOPS TECHNOLOGY for French enterprise and government contracts with significantly larger scale.
• Orange Business Services: Orange Business Services is the enterprise arm of Orange providing managed cloud, cybersecurity, and IT integration services with strong presence in France and across Europe. It is a much larger incumbent competing with CHEOPS TECHNOLOGY for enterprise cloud and cybersecurity contracts, particularly in regulated sectors.

Regional players

• Bechtle: Bechtle is a leading European IT services and infrastructure provider headquartered in Germany with managed cloud, cybersecurity, and IT services across the DACH region and broader Europe. It serves similar enterprise customers with comparable technology partner ecosystems but focuses on German-speaking markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/CheopsTechno
• Facebookfacebook.com/CheopsTechno
• LinkedInlinkedin.com/company/cheops-technology_2

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cheops Technology