IT People Group

What IT People Group does

IT People Group (legal entity IT People FZ LLC) is a Dubai-headquartered IT consulting, staffing, and solutions firm founded in 2001 that serves enterprise clients across the GCC and Indian sub-continent. Its core offering is the placement of skilled IT professionals and project teams into transformation programs across BFSI, energy, telecommunications, aviation, retail & real estate, and public sector clients — supported by an Extended Onsite Delivery Center model and managed services for ongoing IT operations. The firm carries technical depth across Oracle (EBS, Apex, SOA), Java/Spring, DevOps, cloud platforms (AWS, Azure, VMware, GCP), cybersecurity, RPA, Agile/Scrum, IoT, and AI/ML enablement.

In parallel with its services business, IT People Group maintains a portfolio of proprietary financial software products built for capital markets and exchange infrastructure. These include a multi-asset trading/order management system, clearing and settlement systems, integrated risk management and surveillance, charting analytics, mutual fund back-office, NBFC/IPO systems, PMS/wealth management, HRMS, CRM, and an IT job portal — reflecting a domain-specialization strategy around exchanges, broking houses, NBFCs, and corporate workflows.

The company monetizes through professional services fees for consulting and consultant placements, managed services contracts for IT operations, and one-time licensing of proprietary software. GTM is direct enterprise sales via offices in Dubai (headquarters at Dubai Internet City plus a Bur Dubai location), Bahrain, Doha, and referenced presence in Kuwait, Saudi Arabia, Egypt, and India. Pricing is quote-based and varies by consultant seniority, scope, and technology stack; no public pricing exists. The client roster includes major GCC banks (Dubai Islamic Bank, Emirates NBD, Mashreq, ADCB, NBAD, Commercial Bank of Dubai, QIB, NCB, Kuwait Finance House), telcos (du, Etisalat, Batelco, VIVA, Vodafone, Huawei), airlines (Emirates, Etihad, Qatar Airways, Gulf Air, Oman Air), large real estate/retail groups (Emaar, DAMAC, Al-Futtaim, TECOM, Al Tayer, Eagle Hills), and government entities (RTA, GDRFA, Sharjah Water Authority, Ports/Customs). Revenue, headcount growth, funding, M&A, and management team details are not publicly disclosed.

Name

IT People Group

Legal name

IT People FZ LLC

Website

https://itpeoplegulf.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

101–250 employees

Short description

IT People Group is a Dubai-headquartered IT consulting, staffing, and solutions firm founded in 2001 that places consultants and delivers proprietary financial software to enterprise clients across the GCC in BFSI, energy, telecom, aviation, retail, and public sector.

Ownership category

akta.pro rank

Product category

IT Consulting & Staffing Services

NAICS

Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151), Management, Scientific, and Technical Consulting Services (5416)

SIC

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

akta.pro primary industry

IT & Software Engineering Staffing (BPACADAA)

akta.pro secondary industries

ITSM Managed Services (Run/Operate/Optimize) (BPAEAJAN), Enterprise Architecture & IT Operating Model (BPAHAEAB)

Keywords

• IT consulting services
• IT staffing solutions
• Managed IT services
• Trading platform software
• Digital transformation consulting

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. IT Consulting & Staffing Services: Providing skilled IT professionals and teams to enterprise clients for transformation projects. Revenue generated through consultant placements and project-based staffing engagements across banking, capital markets, energy, telecom, aviation, retail, and public sector verticals.
2. Managed Services: Delivering always-on unified and business-aligned IT Operations providing proactive monitoring, faster resolution, and robust governance. Ongoing managed services contracts providing IT infrastructure support and operations.
3. Extended Onsite Delivery Center Model: Combines client's business processes and resource management requirements creating smoother flow of operations through availability and optimum utilization of resources with greater flexibility in resource management.
4. IT Products & Software Solutions: Proprietary software products including trading solutions, clearing & settlement systems, risk management platforms, mutual fund back-office, NBFC solutions, IPO systems, and HRMS solutions delivered to clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

IT People Group is an IT consulting and staffing firm that places skilled professionals and project teams with enterprise clients across the Gulf region. The company delivers IT consulting, managed services, and an Extended Onsite Delivery Center model to support digital transformation programs in BFSI, energy, telecom, aviation, retail, and public sector verticals. It also develops and licenses proprietary financial software products such as trading platforms, clearing and settlement systems, and risk management solutions for exchanges and broking houses.

Product overview

IT People Group offers a portfolio of financial technology products and IT services. The core product suite includes trading and exchange solutions (Trading Solutions, Clearing & Settlement System, Risk Management & Surveillance System), capital markets tools (Charting Analytics, Mutual Fund Back-Office, PMS), and enterprise systems (IPO Systems, HRMS, CRM Solution, E-commerce Portals, IT Job Portal). These products are complemented by IT services including DC Support, Customized IT Products, Agile & DevOps, RPA, Site Reliability Engineering, and IoT Solutions. The portfolio operates as a modular offering where financial products like Trading Solutions and Clearing & Settlement form the core exchange infrastructure, while NBFC IT Products and PMS provide specialized wealth and fund management capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Trading Solutions

Quantifiable outcome

• Over 20 years of successful operations delivering exceptional value to clients
• +1 more outcomes

Named customers46 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature5 records

Scale indicators2 records

Recent moves4 records

Expansion highlights5 records

Direct peers

• G42: Abu Dhabi-based AI and digital transformation company serving Gulf enterprise and government clients. Comparable in targeting the same GCC enterprise digital transformation and AI/ML opportunity that IT People addresses.
• MDS Computers (Mid East Data Systems): UAE-based IT solutions and services company serving regional enterprises. Comparable in multi-vertical IT services delivery (BFSI, government, telecom, energy) and the same onshore GCC staffing model.
• eHosting DataFort (EHD): Dubai-based managed services and IT outsourcing provider with strong Gulf enterprise footprint. Comparable in managed IT operations, data center support, and enterprise staffing offerings sold to BFSI and government clients in the same geography.
• Injazat: UAE-based IT services and managed-services firm serving government, BFSI and enterprise clients in the Gulf. Highly comparable to IT People in terms of onshore GCC delivery, vertical focus (BFSI, public sector, energy), and managed-services revenue model.
• Proven Consult: Kuwait-headquartered IT consulting and digital transformation firm with GCC delivery. Comparable in targeting the same regional enterprise digital transformation, cloud, and enterprise application engagements as IT People.

Broad incumbents

• Gulf Business Machines (GBM): IBM's Gulf partner and a large GCC IT services and digital transformation provider. Comparable as a broader incumbent serving the same BFSI, telecom, energy and government verticals across the Gulf with overlapping enterprise IT and managed services capabilities.
• Saudi Telecom Company (stc Solutions / stc Group): Saudi Arabia's largest telecom group with a significant enterprise IT services and digital solutions arm. Comparable in delivering telecom IT, managed services, and digital transformation across the Gulf, though at substantially larger scale.
• Atos (GCC operations): Global IT services firm with significant Gulf presence in BFSI, energy and public sector. Comparable as a broader incumbent competing for the same large enterprise transformation deals that IT People targets in the region.

Regional players

• Bahwan IT Group: Oman-headquartered IT services group serving Gulf and Indian enterprises. Comparable as a mid-sized regional IT services and digital transformation peer with a similar multi-country GCC footprint.

Emerging players

• Nanjgel Solutions: UAE-based IT consulting and enterprise solutions provider focused on digital transformation for regional clients. Comparable as an emerging regional peer pursuing similar enterprise IT, ERP and cloud engagements.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

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 IT People Group