What ETEVERS does

ETEVERS Group (에티버스그룹) is a privately held Korean IT total solution provider founded in June 1993 as Youngwoo Computer and rebranded to ETEVERS in 2022. The group operates a multi-subsidiary platform anchored on ETECH SYSTEM, ETEVERS, ETEVERS eBT, ETEVERS ePA, ETEVERS SOFT, ETEVERS E&L (logistics under the LOGIVICE brand), ETEVERS Learning, the PLANIT B2B marketplace, and the INNOGRID cloud management subsidiary. It serves as a value-added distributor for 60+ global IT vendors including AWS, Cisco, VMware (Broadcom), HPE, HP, Oracle, Red Hat, Dell, IBM, Fortinet, Check Point, NetApp, Akamai, Tanium, and Thales, and runs an integrated system integration, managed services, 3PL logistics, and authorized IT training (Pearson VUE, AWS, Red Hat, PSI) operation across 7 countries (Korea, USA, Hungary, India, China, Japan).

The group's core technology stack includes proprietary solutions WatchingOn (cloud monitoring), ETELAB (test center management), ALPIO (firewall policy management), BillingOn (AWS Marketplace-listed), and YCloudPia (cloud brokerage), with two patents granted in 2026 for vector DB migration and user-customized DB migration technology. Revenue is generated through four primary streams: IT solution distribution and resale (one-time license/reseller margin), system integration and professional services, 3PL logistics and e-commerce fulfillment, and IT education and training services. The go-to-market combines direct enterprise field sales through group companies, channel/partner sales to mid-market customers, the PLANIT digital procurement marketplace, and an authorized reseller/VAR network across Korea and Asia-Pacific.

ETEVERS holds AWS VAD and Strategic Collaboration Agreement (SCA) status, AWS MSP 6.0 and ISV-Accelerate partner status, Oracle CMSP, Cisco SI Gold Partner, HPE Platinum, HP Amplify top distributor, Dell Technologies Platinum, NetApp Platinum Elite, Veritas Platinum, and VMware Premier Solution Provider credentials. The group has achieved 1+ trillion KRW in annual revenue for 4 consecutive years (2022-2025), following 1.2 trillion KRW in 2021 and entry into the 500 billion KRW club in 2022, supported by major capital injections including a 1 trillion KRW investment from Korea Investment Partners and KN Partners in 2021 and approximately 180 billion KRW from SGPE into ETEVERS ePA in 2024.

Name

ETEVERS

Legal name

주식회사 에티버스

Website

https://group.etevers.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

101–250 employees

Short description

ETEVERS Group is a privately held Korean IT total solution provider serving as a value-added distributor for 60+ global vendors (AWS, Cisco, VMware, HPE, HP, Oracle, Red Hat) and offering system integration, IT-specialized 3PL logistics, proprietary cloud/security products, and authorized IT training across Korea and 6 other countries.

Ownership category

akta.pro rank

Product category

IT Distribution and System Integration

NAICS

Computer Systems Design and Related Services (54151), Computer Systems Design Services (541512), Custom Computer Programming Services (541511), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Wholesale-Computers & Peripheral Equipment & Software (5045), Services-Computer Integrated Systems Design (7373), Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Programming Services (7371), Computer Communications Equipment (3576)

akta.pro primary industry

Vendor & Contract Management (Software/Cloud) (BPAEAOAD)

akta.pro secondary industries

Data Engineering, Integration & ETL/ELT Services (BPAEAHAB), Data/Apps Connectivity & Adapters (Connectors, Drivers, SDKs) (HDAEAIAK)

Keywords

• IT solution distribution
• System integration services
• Value-added distribution
• Cloud infrastructure services
• Digital procurement marketplace

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices15 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. IT Solution Distribution and Resale: ETEVERS Group generates the majority of its revenue by distributing and reselling IT hardware, software, and networking solutions from global vendor partners (AWS, Cisco, VMware, HPE, Oracle, Red Hat, etc.) to enterprise customers across Korea and the Asia-Pacific region. This includes distributor agreements, VAD contracts, and authorized reseller partnerships with leading technology manufacturers.
2. System Integration and Professional Services: Revenue from providing IT system integration, consulting, implementation, and managed services, including cloud migration, infrastructure setup, digital transformation advisory, and ongoing maintenance for enterprise customers.
3. 3PL Logistics and E-Commerce Fulfillment: ETEVERS E&L provides specialized IT logistics, 3PL (third-party logistics) services, and e-commerce fulfillment operations, including logistics process redesign, warehousing, and strategic delivery services for IT products.
4. IT Education and Training Services: ETEVERS Learning generates revenue through IT certification training, professional education programs, and authorized training center operations (Pearson VUE, AWS, Red Hat, etc.).

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

ETEVERS Group is a Korean IT total solution provider that distributes and resells hardware, software, and networking products from more than 60 global vendors (AWS, Cisco, VMware, HPE, HP, Oracle, Red Hat, Dell, IBM, Fortinet, Check Point, and others) through authorized distributor and value-added distributor (VAD) agreements across Korea and the Asia-Pacific region. Beyond distribution, the group delivers system integration, cloud migration, digital transformation and ICT consulting, IT-specialized logistics and 3PL fulfillment under the LOGIVICE brand, authorized IT certification training, and proprietary platforms including the PLANIT B2B marketplace, the INNOGRID cloud management platform, and in-house solutions such as WatchingOn, ETELAB, ALPIO, BillingOn, and YCloudPia.

Product overview

ETEVERS Group is a diversified IT total solution provider operating as a platform-plus-subsidiaries architecture. The portfolio includes ETEVERS (core IT solutions), ETECH SYSTEM (infrastructure/virtualization), ETEVERS eBT (solution distribution), ETEVERS ePA (device management), ETEVERS SOFT (AI/Cloud platforms), ETEVERS E&L (logistics/e-commerce), and ETEVERS Learning (IT education). PLANIT serves as the B2B marketplace platform connecting customers, partners, and vendors. INNOGRID provides cloud management solutions. Supporting products include WatchingOn (cloud monitoring), BillingOn (billing), ETELAB (test center management), and YCloudPia (cloud brokerage). LOGIVICE handles IT-specialized logistics operations.

Differentiator

Problem solved

Functional benefit

Brands

• PLANIT (플래닛): B2B marketplace platform combining PLAN and IT, providing integrated IT solution procurement from product search to quoting, ordering, delivery, and post-sales support. Digital procurement platform connecting clients, partners, and global vendors.

Products and services

• IT Solution Distribution and Resale Distribution, resale, and authorized value-added distribution (VAD) of IT hardware, software, and networking solutions from more than 60 global vendors including AWS, Cisco, VMware, HPE, HP, Oracle, Red Hat, Dell, IBM, Fortinet, Check Point, NetApp, Schneider Electric, Akamai, Elastic, Nutanix, Veritas, ASUS, Zebra, Lenovo, Confluent, Verkada, Tanium, Thales, FuriosaAI, and TeamViewer across Korea and the Asia-Pacific region, operated primarily through the ETEVERS eBT (에티버스이비티), ETECH SYSTEM (이테크시스템), and ETEVERS ePA (에티버스이피에이) subsidiaries.
• System Integration and Professional Services IT system integration, consulting, implementation, cloud migration, infrastructure setup, digital transformation advisory, and ongoing managed services for enterprise and government customers, delivered primarily through ETECH SYSTEM (이테크시스템), with complementary delivery from ETEVERS SOFT (에티버스소프트) for AI platform, SDDC, and Private Cloud solutions.
• Digital Transformation and ICT Consulting Services Device and service integrated management solutions, effective infrastructure management, and ICT consulting services for public, finance, and manufacturing sector customers, delivered through ETEVERS ePA (에티버스이피에이) across its NX (Next eXperience) and VS (Virtual Platform & Security) divisions.
• IT Logistics and 3PL Fulfillment (LOGIVICE) IT-specialized third-party logistics (3PL), warehousing, logistics process redesign, e-commerce fulfillment, and strategic delivery services for IT products, delivered through ETEVERS E&L (에티버스이앤엘) under the LOGIVICE (로지비스) brand across two Yongin logistics centers.
• IT Education and Authorized Training IT certification training, professional education, and authorized training center operations (Pearson VUE, AWS, Red Hat Koala, PSI) plus online professional development content via Coursera partnership, delivered through ETEVERS Learning (에티버스러닝).
• PLANIT B2B Digital Procurement Marketplace B2B digital procurement marketplace connecting customers, partners, and global vendors for IT product discovery, quoting, ordering, delivery, and post-sales support, covering the full IT procurement lifecycle, with a mobile version.
• INNOGRID Cloud Management Platform Intelligent hybrid cloud management platform (CMP) providing full-stack cloud solutions (IaaS, PaaS, CMP, AIOps) and cloud data center construction/operation, delivered through the INNOGRID (이노그리드) subsidiary, established in 2006 and integrated as a group subsidiary in 2024.
• WatchingOn Cloud Monitoring Solution Self-developed cloud monitoring solution for infrastructure monitoring and management, available via AWS Marketplace.
• ETELAB Smart Test Center Management Integrated management solution for smart test center operations, launched in 2023.
• ALPIO Firewall Policy Management Solution Firewall policy request management solution sold by ETEVERS Group since 2021.
• YCloudPia Cloud Brokerage Service Cloud brokerage service developed by the group in 2015.
• BillingOn Cloud Billing Solution Billing solution developed by the group and registered on AWS Marketplace.

Quantifiable outcome

• 4 consecutive years of 1+ trillion KRW in annual revenue
• +4 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

42 partnerships are on record, tiered major, strategic, core and minor.

• TeamViewermajorChannel Partner/ Reseller/ DistributorETEVERS signed a distribution agreement with TeamViewer in 2026 to serve as the domestic distributor for TeamViewer's remote connection and digital workplace solutions in Korea.
• UpstagemajorTechnology or IntegrationETEVERS eBT signed a distribution agreement with Upstage in 2026. Additionally in 2024, ETEVERS Group signed an MOU for AI technology collaboration with Upstage.
• Boston DynamicsstrategicStrategic or Co-development PartnerETEVERS Group signed a partnership agreement with Boston Dynamics in 2025 to offer Boston Dynamics robotics solutions as part of its IT portfolio.
• DeepLstrategicStrategic or Co-development PartnerETEVERS Group signed a strategic partnership with DeepL in 2025 to integrate DeepL's AI translation and language technology into ETEVERS's solution portfolio.
• VantiqstrategicStrategic or Co-development PartnerETEVERS Group signed multiple agreements with Vantiq in 2025 including: strategic partnership, tripartite MOU with Jeonju University, and tripartite agreement with ZeroWeb.
• STCLabmajorChannel Partner/ Reseller/ DistributorETEVERS signed a distribution agreement with STCLab in 2025 to distribute STCLab's cybersecurity and testing solutions.
• Alibaba CloudmajorChannel Partner/ Reseller/ DistributorETEVERS Group established a partnership with Alibaba Cloud in 2024, adding Alibaba Cloud to its cloud solutions portfolio alongside AWS and other cloud partners.
• TaniummajorChannel Partner/ Reseller/ DistributorETEVERS Group signed a distribution agreement with Tanium in 2024 to distribute Tanium's unified endpoint management and security solutions.
• ThalesmajorChannel Partner/ Reseller/ DistributorETEVERS Group signed an exclusive domestic distribution agreement with Thales in 2024 for Thales's cybersecurity and data protection solutions.
• Red Hat (CCSP)majorChannel Partner/ Reseller/ DistributorETEVERS Group signed a Red Hat CCSP (Certified Cloud and Service Provider) distribution agreement in 2024, expanding its open-source software distribution capabilities.
• CourseramajorStrategic or Co-development PartnerETEVERS Group established a partnership with Coursera in 2024 to provide online learning and professional development content as part of ETEVERS Learning's education offerings.
• AWS (Amazon Web Services)coreChannel Partner/ Reseller/ DistributorETEVERS Group holds AWS VAD (Value Added Distributor) and SCA (Strategic Collaboration Agreement) status. Achieved AWS ISV-Accelerate Partner, AWS MSP 6.0 Certification, and AWS SMB Competency. Selected as AWS public sector distributor and won AWS SMB awards at re:Invent. Won multiple AWS partner awards including Rising Star finalist and SMB Top Engager.
• CiscocoreChannel Partner/ Reseller/ DistributorETEVERS has been a Cisco distributor since 2005 and Cisco SI Gold Partner. Won multiple Cisco awards including Korea Partner of the Year (2019), Cloud Partner of the Year (2022), Best Growth Distributor (2017), and SCALE Leader Award (2025).
• VMware (by Broadcom)coreChannel Partner/ Reseller/ DistributorETEVERS is VMware's exclusive domestic distributor in Korea since 2022. Holds VMware Premier Solution Provider status and received VMware Korea Distributor of the Year (2023) and Cloud Innovation and SaaS Transformation Award (2023).
• HPE (Hewlett Packard Enterprise)coreChannel Partner/ Reseller/ DistributorETEVERS is a long-standing HPE distributor and Platinum Partner. Won HPE Best Distributor awards multiple times including 2006, 2018, 2021, 2023, and HP Greater Asia Partner of the Year (2022, 2025).
• HP (Hewlett-Packard)coreChannel Partner/ Reseller/ DistributorETEVERS eBT is HP's leading distributor in Korea, winning HP FY2026 Amplify Distributor of the Year, HP Greater Asia Partner of the Year FY25, and HP Coverage of Distributor of the Year (2021).
• OraclemajorChannel Partner/ Reseller/ DistributorETEVERS is an Oracle VAD and has won multiple Oracle awards including FY11 The Best Partner of the Year, FY12 Partner Champion, FY13 Best Partner Award, FY14 Partner Champion, and Oracle Specialized Partner Award.
• Red HatmajorChannel Partner/ Reseller/ DistributorETEVERS has been a Red Hat distributor since 2016 and won Red Hat's Cloud Accelerator Award (2025) and Partner Certification Award (2022).
• Dell TechnologiesmajorChannel Partner/ Reseller/ DistributorETEVERS achieved Dell Technologies Platinum Partner status in 2018.
• VeritasmajorChannel Partner/ Reseller/ DistributorETEVERS is a Veritas Platinum Partner and was awarded Veritas 'Distributor Of the Year' in 2023.
• NutanixmajorChannel Partner/ Reseller/ DistributorETEVERS signed a Nutanix distribution agreement in 2015.
• FuriosaAImajorChannel Partner/ Reseller/ DistributorETEVERS ePA signed an exclusive distribution agreement with FuriosaAI in 2023 for FuriosaAI's AI semiconductor and solutions.
• ElasticmajorChannel Partner/ Reseller/ DistributorETEVERS ePA was appointed as the official distributor for Elastic in Korea in 2024.
• AkamaimajorChannel Partner/ Reseller/ DistributorETEVERS signed an Akamai distribution agreement in 2023.
• EnterpriseDB (EDB)majorChannel Partner/ Reseller/ DistributorETEVERS signed an EDB distribution agreement in 2023, and ETEVERS Learning signed an exclusive official training partner agreement for EDB in Korea in 2025.
• Schneider ElectricmajorChannel Partner/ Reseller/ DistributorETEVERS signed a Schneider Electric Korea distribution agreement in 2010 and received Schneider Electric's Best Partner Awards in 2022 and 2023, as well as East Asia Top HBN & Rack Distributor Award (2023).
• ConfluentmajorTechnology or IntegrationETEVERS signed a Confluent business contract in 2022 and launched the Confluent business in 2023.
• VerkadamajorChannel Partner/ Reseller/ DistributorETEVERS signed a domestic distribution agreement with Verkada in 2023 for Verkada's cloud-based security cameras and security solutions.
• FortinetmajorChannel Partner/ Reseller/ DistributorETEVERS signed a Fortinet Korea distribution agreement in 2008 and holds ongoing Fortinet distribution agreements. Won Fortinet's TOP Performance Award in 2014.
• FireEye / Trellix / MandiantmajorChannel Partner/ Reseller/ DistributorETEVERS signed a FireEye distribution agreement in 2014 and subsequently inherited Trellix and Mandiant distribution agreements following FireEye's spin-off in 2022.
• Check PointmajorChannel Partner/ Reseller/ DistributorETEVERS signed a Check Point distribution agreement in 2021.
• FireMonminorChannel Partner/ Reseller/ DistributorETEVERS signed a FireMon distribution agreement in 2021.
• NetAppmajorChannel Partner/ Reseller/ DistributorETEVERS achieved NetApp PLATINUM ELITE Authorized Reseller status in 2008 and holds ongoing NetApp distribution agreements.
• IBMmajorChannel Partner/ Reseller/ DistributorETEVERS holds IBM Business Partner, IBM UNIX Distributor, and IBM Storage Distributor status.
• LG ElectronicsminorChannel Partner/ Reseller/ DistributorETEVERS signed a professional store dealership agreement with LG Electronics in 2019.
• ASUSmajorChannel Partner/ Reseller/ DistributorETEVERS signed an ASUS distribution agreement in 2019 and received Best Performance Partner award at the 2023 ASUS APAC Partner Summit.
• Lenovo (ISG Division)majorChannel Partner/ Reseller/ DistributorETEVERS signed a Lenovo ISG Division distribution agreement in 2017.
• ZebramajorChannel Partner/ Reseller/ DistributorETEVERS signed a Zebra distribution agreement in 2016 and received two awards at the Zebra APAC Channel Partner Summit in 2021.
• BrotherminorChannel Partner/ Reseller/ DistributorETEVERS signed a Brother distribution agreement in 2018.
• Avaya / BroadSoftminorChannel Partner/ Reseller/ DistributorETEVERS obtained BroadSoft Software Reseller status in 2017.
• adataminorChannel Partner/ Reseller/ DistributorETEVERS E&L signed an official domestic distribution partnership with ADATA in 2019.
• 보스턴 다이나믹스strategicStrategic or Co-development Partner보스턴 다이나믹스와 2025년 파트너십 체결

Scale indicators9 records

Recent moves12 records

Expansion highlights7 records

Direct peers

• Redington: India-headquartered IT distribution and services group distributing global technology brands across emerging markets. Highly comparable to ETEVERS as a multi-vendor distributor with growing services and cloud marketplace operations.
• ALSO Group: European IT distribution and services group with a vendor-agnostic platform and growing cloud/marketplace business. Comparable to ETEVERS as a value-added distributor covering cloud, security and infrastructure vendors.
• Westcon-Comstor: Global specialty distributor focused on security, networking, collaboration and data center vendors. Comparable to ETEVERS' Cisco/HPE/security distribution franchise and channel-led enterprise go-to-market.
• Daou Technology: Korean IT distribution, system integration and enterprise solutions company with overlapping vendor partnerships (Cisco, HPE, VMware) and similar enterprise/government customer base. Closest Korea-based direct competitor to ETEVERS.
• TD SYNNEX: Global IT distribution and solutions aggregator formed from the merger of Tech Data and SYNNEX. Directly comparable to ETEVERS' core business of distributing hardware, software and cloud solutions from global vendors to resellers and end customers.

Broad incumbents

• Samsung SDS: Korean IT services arm of Samsung Group offering cloud, SI, logistics and digital transformation solutions. Comparable to ETEVERS' SI, cloud and logistics offerings but backed by the Samsung ecosystem and much larger scale.
• Ingram Micro: One of the world's largest IT distributors with global cloud marketplace (Ingram Micro Cloud). A broader incumbent against which ETEVERS competes regionally; comparable business model but much larger global scale.
• Arrow Electronics: Global value-added distributor of enterprise computing, networking and storage solutions. Comparable to ETEVERS' enterprise distribution franchise but at significantly larger global scale.
• LG CNS: Major Korean IT services and solutions subsidiary of LG Corp, providing system integration, cloud and managed services. Overlaps with ETEVERS in Korean enterprise SI and digital transformation work but at broader portfolio and larger scale.

Regional players

• Ingram Micro (China/Asia) — also consider Macnica: Japan-headquartered specialty IT distributor with strong Asia-Pacific presence and a growing cloud/security portfolio. Comparable to ETEVERS' Asia-Pacific distribution footprint and Cisco/Vendor partnership depth, though focused primarily on Japan.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@ETEVERS
• LinkedInlinkedin.com/company/etevers
• Instagraminstagram.com/etevers_official

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries9 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 ETEVERS