Keynet AG

What Keynet AG does

Keynet AG is an IT solutions company headquartered in Luzern, Switzerland, founded in 2002. The input data predominantly characterizes the broader operating entity, referred to as the SITS Group, under which Keynet AG sits. SITS delivers end-to-end cybersecurity professional services and managed services to enterprises, government agencies, and critical infrastructure operators across Europe, with stated coverage of 6 countries and 15 branch offices. The company's core technology footprint is built on the Microsoft security ecosystem — Entra Suite for IAM, Sentinel (SIEM), Defender (XDR), Purview, Azure security, and Microsoft Copilot — augmented by proprietary frameworks including the SITS Security Suite (a five-area lifecycle framework), the Cyber Defense Center (24/7 SOC, SIEM, XDR, CSIRT, threat intelligence), and the SITS|Traxion IAM platform.

The portfolio spans six practice areas: IT Security Advisory (NIS2 compliance, ISMS, CISO as a Service, pentesting), Microsoft Services (Cloud Platform Transformation, IAM modernization, Copilot governance), Cyber Defense Center (MXDR, SIEM, vulnerability management, threat intelligence, CSIRT), Secure IT Services (managed services, IT outsourcing), End Device & Network Security (Zero Trust, SASE, firewall management), Identity & Access Management (privileged access management, governance), and Cryptographic Solutions (PKI, digital signatures, file encryption). Revenue is generated through a mix of project-based professional services engagements and recurring managed services contracts (SOC, MXDR, IT outsourcing) typically on multi-year or annual subscription billing.

The go-to-market is consultative enterprise field sales, targeting CISOs and IT decision-makers in regulated industries (critical infrastructure, healthcare, automotive with TISAX, financial services, public sector). The company reports more than 2,500 customers, including Randstad, Bayer 04 Leverkusen, Gemeinde Utrecht, LeasePlan, ITSG, Eurostyle Systems, finstreet, and Ramudden Global. Strategic positioning emphasizes European regulatory readiness (NIS2, DORA), compliance-as-a-service, and integration with Microsoft technologies, with a stated vision of positioning as 'Europe's leading cyber security partner.'

Name

Keynet AG

Legal name

SITS Group

Website

https://keynet.ch

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Short description

Keynet AG is a Switzerland-based IT solutions company specializing in cloud services and collaboration. Its broader operating group (SITS) delivers cybersecurity professional services, managed SOC/MXDR, and Microsoft-centric IAM and compliance solutions to enterprises, government, and critical infrastructure operators across Europe.

Ownership category

akta.pro rank

Product category

IT Services

NAICS

Computer Systems Design and Related Services (54151), Computer Systems Design and Related Services (5415), Security Systems Services (except Locksmiths) (561621)

akta.pro primary industry

Cybersecurity Operations Outsourcing (SOC / SecOps) (BPAEAMAG)

akta.pro secondary industries

Security Operations Center (SOC) as a Service (BPAEADAB), IT Governance, Risk & Compliance (IT GRC) Platforms (HDAEALAK)

Keywords

• Cloud services
• IT collaboration
• Cybersecurity services
• Managed security
• Identity management

Headquarters

HQ city

Luzern

HQ country

Switzerland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Professional Services & Security Consulting: SITS generates revenue through security advisory engagements, implementation services, and consulting projects covering areas such as ISMS, compliance management, pentesting, security assessments, CISO as a Service, and cloud security transformations. These are typically project-based or retainer engagements.
2. Managed Services (SOC, MXDR, IT Outsourcing): Recurring managed services revenue from 24/7 Security Operations Center monitoring, Extended Detection & Response, vulnerability management, IT outsourcing, and ongoing support services. These operate on subscription or retainer contracts with recurring billing.
3. Identity & Access Management Solutions: Revenue from IAM implementations, privileged access management, identity governance modernization, and related professional services. Often structured as implementation projects combined with ongoing managed services.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Keynet AG is an IT solutions company based in Luzern, Switzerland, founded in 2002, specializing in cloud services and IT collaboration solutions for organizations. Through its association with the SITS Group, the company delivers a portfolio of cybersecurity services including IT security advisory, managed SOC/MXDR, CISO as a Service, identity & access management via SITS|Traxion, cryptographic solutions, and Microsoft security stack implementations for enterprises, public sector, and critical infrastructure operators.

Product overview

SITS (Security & IT Solutions) is a cybersecurity consultancy and managed services provider offering a portfolio of security services organized into five competency areas: IT-Sicherheits-Beratung (IT Security Advisory), Microsoft Services, Cyber Defense Center, Secure IT Services, Identity & Access Management, and Cryptographic Solutions. The company also offers a proprietary SITS Security Suite that covers the full security lifecycle from strategy through operations. Services include security strategy, architecture, and implementation, with a focus on Microsoft technologies and regulatory compliance frameworks such as NIS2 and DORA.

Differentiator

Problem solved

Functional benefit

Brands

• SITS|Traxion: Identity & Access Management solution offered in partnership with Omada

Products and services

• Cloud Services

Quantifiable outcome

• More than 2,500 companies trust SITS with their cybersecurity needs
• +4 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• MicrosoftcoreTechnology or IntegrationSITS operates as a Microsoft solutions partner with deep expertise across the Microsoft security and cloud ecosystem. The company delivers services built on Microsoft Entra Suite (IAM), Microsoft Azure security, Microsoft Copilot, Microsoft Sentinel (SIEM), Microsoft Defender, and Microsoft Purview. SITS holds Microsoft specializations including NIS2 for Microsoft Cloud Platform, MS Cloud Platform Transformation, and Secure Modern Workplace. Microsoft is a core technology foundation for virtually all of SITS' service offerings.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Deloitte Cyber: Deloitte's Cyber practice is one of the largest Big 4 cybersecurity advisory businesses, providing strategy, implementation, and managed security services globally. It competes with SITS for enterprise cyber transformation, NIS2/DORA compliance, and CISO advisory engagements, particularly in regulated industries.
• Sopra Steria: Sopra Steria is a major European IT services firm headquartered in France with a dedicated cybersecurity practice serving public sector, defense, and regulated industries. It competes with SITS in the European enterprise and government security market, particularly across the DACH and Benelux regions.
• Capgemini: Capgemini is a global IT services and consulting firm with a significant cybersecurity practice serving European enterprises. While much larger and broader, it competes for the same enterprise security transformation, compliance, and managed services engagements that anchor SITS's revenue base.
• NTT Security: NTT Security is the managed security services division of NTT, a global technology services provider. It competes with SITS in the European enterprise MSSP market with a broader portfolio spanning networking, data center, and security services across global geographies.
• Accenture Security: Accenture Security is the cybersecurity arm of global consulting firm Accenture, offering end-to-end security strategy, managed security, and incident response services. As a broad incumbent with deep Microsoft partnership, it competes with SITS for large enterprise security transformation mandates across Europe.
• T-Systems: T-Systems is Deutsche Telekom's enterprise IT and security services arm, serving large German and European organizations with managed security, cloud, and SAP services. It directly competes with SITS in the DACH enterprise market, particularly for public sector and regulated industry clients.

Direct peers

• WithSecure (formerly F-Secure): WithSecure is a Finnish-headquartered cybersecurity company providing managed detection & response, consulting, and software security services across Europe. Its Nordic origin and managed security service focus make it a relevant European peer with similar customer segments and service mix.
• Wortell: Wortell is a Dutch Microsoft-focused IT and security services provider specializing in Microsoft security stack implementations, managed services, and cloud security. It competes head-to-head with SITS for enterprise identity and security modernization engagements in the Benelux region.
• Kudelski Security: Kudelski Security is the cybersecurity division of Swiss-based Kudelski Group, offering managed security services, incident response, and security consulting across Europe and North America. As a fellow Swiss-headquartered cybersecurity services firm with similar advisory and managed SOC capabilities, it is a close comparable.
• Orange Cyberdefense: Orange Cyberdefense is the cybersecurity arm of Orange Group, one of Europe's largest MSSPs operating across multiple countries with managed SOC, threat intelligence, and consulting services. It directly competes with SITS in the European enterprise and mid-market MSSP space, with a similar mix of managed services and consulting engagements.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@thesitsgroup
• LinkedInlinkedin.com/company/sits-group
• Instagraminstagram.com/sitsgroup
• Facebookfacebook.com/keynetICT

Revenue estimate

Valuation estimate

Number of profiles

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 Keynet AG