twoday Business Applications

What twoday Business Applications does

Twoday is a Nordic enterprise IT consulting and applied AI company headquartered in Copenhagen, Denmark, established in its current form in September 2022 when CVC Capital Partners acquired Visma's Custom Solutions division and relaunched it under the twoday brand. The firm serves more than 8,000 customers across Denmark, Norway, Sweden, Finland, and Lithuania through a direct enterprise sales motion, targeting large private enterprises and government agencies for digital transformation, AI implementation, data platform modernization, cloud migration, and business application projects. Named customers include ISS, Vy, Grundfos, the Savings Banks Group, DR (Danish Broadcasting Corporation), the Danish Working Environment Authority, and the Norwegian Directorate of Health.

The service portfolio spans five domains: Applied AI, Data & AI, Cloud Platforms & Security, Software Engineering, and Business Applications. Twoday has built proprietary technology assets on top of its consulting practice, notably Agentic Orchestration Studio (AOS) — launched March 2026 as a platform that orchestrates work across AI agents, people, and systems within a unified governance model and is positioned within Gartner's BOAT category — alongside the EBS (Enterprise Business Suite) low-code platform, the INSIKT product, and the twoday AI Agent built on OpenAI's GPT with private data isolation. A defining differentiator is the firm's simultaneous top-tier partner status with Microsoft (Solutions Partner with 16 specializations including Frontier Partner Badge), Databricks (Gold Tier), Snowflake (Elite), and AWS (Service Delivery designations) — claimed to be the only Nordic company with this combined hyperscaler position.

Twoday generates revenue primarily through billable consultant hours on project-based and multi-year enterprise engagements, supplemented by managed services. Pricing is custom and not publicly disclosed. FY2025 revenue was EUR 391.3 million with an adjusted EBITDA margin of 16.4%; core business revenue grew 8.2% to EUR 340.1 million. The company has grown from approximately 2,200 employees at launch to around 3,000 today, supported by five acquisitions in 2023 (CTGlobal, Annevo, BeanBakers Oy, BearIT software business, RelateIT). Ownership is split between CVC Capital Partners and roughly 900 employee co-owners; the board is chaired by Bill Theofilou (former Accenture CEO Advisory Practice leader), with Christian Pedersen serving as CEO since March 2024.

Name

twoday Business Applications

Legal name

Twoday Group

Website

https://twoday.dk

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

101–250 employees

Short description

Twoday is a Nordic enterprise IT consulting and applied AI firm serving 8,000+ public and private customers across Denmark, Norway, Sweden, Finland, and Lithuania, delivering data, cloud, and AI services on Microsoft, Databricks, Snowflake, and AWS, supported by proprietary platforms including Agentic Orchestration Studio.

Ownership category

akta.pro rank

Product category

Enterprise IT Consulting and Digital Transformation Services

NAICS

Computer Systems Design and Related Services (54151), Custom Computer Programming Services (541511)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Management Consulting Services (8742)

akta.pro primary industry

Data, Analytics & AI Consulting (BPAHAEAF)

akta.pro secondary industries

Enterprise Architecture & Technology Roadmapping (BPAEAAAC), Enterprise Integration, iPaaS & Middleware Services (API/EDI) (BPAEAGAH), Agents & Autonomous Workflows (Tool Use, Planning, Multi-Agent) (HDAAACAF)

Keywords

• Enterprise IT consulting
• Data and AI services
• Cloud platform solutions
• Software engineering services
• Business applications implementation

Headquarters

HQ city

Odense C

HQ country

Denmark

HQ region

Europe

Offices27 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. IT Consulting Services: Professional consulting services across Data & AI, Business Applications, Software Engineering, and Cloud Platform & Security. Revenue generated through billable consultant hours on digital transformation projects for enterprise clients.
2. Managed Services: Ongoing managed services and support engagements with enterprise clients, providing continuous delivery and operational support.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

twoday Business Applications provides enterprise IT consulting, advanced engineering, and managed services across Applied AI, Data and AI, Cloud Platforms and Security, Software Engineering, and Business Applications implementations. It sells its own proprietary software including the Agentic Orchestration Studio (AOS) for orchestrating people, AI agents and systems, the EBS low-code Enterprise Business Suite, and the twoday AI Agent built on OpenAI's GPT for private data-grounded generative AI. Services are delivered through consultant-led engagements targeting large private enterprises and public sector organizations across the Nordics and Lithuania.

Product overview

Twoday Business Applications operates as an AI and advanced engineering company offering both proprietary products and professional services. The core proprietary platform is EBS (Enterprise Business Suite), a business application platform customized for clients through low-code programming, process development, and front-end configuration. Agentic Orchestration Studio (AOS) is a flagship product launched in March 2026 that orchestrates work across AI agents, people, and systems. The twoday AI Agent provides generative AI capabilities built on GPT. Service offerings span Applied AI, Data and AI, Cloud Platforms and Security, Software Engineering, and Business Applications implementations. The company serves over 8,000 customers across the Nordics and Lithuania from offices in Denmark, Finland, Norway, Sweden, and Lithuania.

Differentiator

Problem solved

Functional benefit

Brands

• Agentic Orchestration Studio (AOS): Platform for orchestrating people, systems, and AI agents within a unified and governed operating model. Designed for enterprise environments to enable end-to-end business orchestration.
• INSIKT
• EBS (Enterprise Business Solutions)

Products and services

• Agentic Orchestration Studio (AOS) Proprietary platform that orchestrates work across AI agents, people, and systems, turning documented processes into live workflows with governance and transparency. Targets large enterprises with complex processes and high compliance requirements.
• Applied AI Services Consulting and engineering services that help organizations apply and scale AI, enhancing decision-making and delivering measurable business outcomes for enterprise and public sector clients.
• Data and AI Services
• Cloud Platforms and Security Services
• Software Engineering Services
• Business Applications Implementation Services
• twoday AI Agent Generative AI agent built on OpenAI GPT that allows organizations to upload their own private data sources, enabling secure automation of document processing, legal analysis, HR, finance, and enterprise knowledge retrieval.
• EBS (Enterprise Business Suite)
• INSIKT

Quantifiable outcome

• ISS saved account managers about a day of working time per month and the service organization hundreds of hours per year through data platform modernization
• +3 more outcomes

Named customers10 records

Segments6 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability7 records

Feature9 records

Partnerships

Eight partnerships are on record, tiered strategic and core.

• VystrategicStrategic or Co-development Partner · 1 July 2026Vy selected Twoday as partner for digital development, data, and AI. In 2024, Vy transported 213 million passengers saving emissions equivalent to 400,000 cars. Partnership focused on AI strategy and data platform to enable sustainable transport.
• Danish Working Environment AuthoritystrategicStrategic or Co-development Partner · 1 January 2026Selected again as strategic partner in major agreement. CEO and Director General signed contract for ongoing digital transformation partnership.
• MicrosoftcoreTechnology or Integration · 1 January 2025Top-tier Microsoft partner holding Solutions Partner status with 16 specializations including Frontier Partner Badge. Named to Microsoft FY26 Inner Circle for AI Business Solutions - top 1% of global partners. Provides AI Business Solutions, cloud platform implementations, and integrated services on Microsoft technology stack including Azure, Microsoft 365, and Copilot Studio.
• DatabrickscoreTechnology or Integration · 1 January 2025Gold Tier partner - the highest partner tier with Databricks. Only locally anchored partner in the Nordics with this position. Result of several years of focused investments in modern data and AI platforms. Enables delivery of data and AI solutions on Databricks Lakehouse platform.
• SnowflakecoreTechnology or Integration · 1 January 2025Elite level partnership with Snowflake - the highest tier available. Enables delivery of data cloud solutions leveraging Snowflake's Data Cloud platform.
• Amazon Web Services (AWS)coreTechnology or Integration · 1 January 2025Multiple AWS Service Delivery designations recognizing specialized competencies across AWS services. Enables delivery of cloud solutions on AWS infrastructure.
• OpenAIcoreTechnology or Integration · 1 January 2025Built twoday AI Agent on OpenAI's GPT language model. Differentiated by allowing organizations to upload own data sources while maintaining data security. First mover in European AI agent market.
• Kent Agerlund / CTGlobalcoreStrategic or Co-development Partner · 1 January 2023CTGlobal acquisition brought Microsoft MVP experts and Regional Director. Kent Agerlund holds unique title held only by 160 of world's leading technology experts. Strengthened infrastructure and security capabilities.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Accenture: Global professional services giant with a substantial Nordic presence and Microsoft-aligned cloud/data/AI practices. Comparable as a broader incumbent that competes for the same large Nordic enterprise transformation mandates but offers significantly wider portfolio breadth.
• CGI: Global IT and business consulting services firm with significant Nordic operations, particularly in Sweden, Finland, and Denmark. Comparable for its government and enterprise systems integration work across the same Nordic public-sector clients.
• Sopra Steria: European IT services group with strong Nordic presence (especially Norway through its Steria brand heritage) and Microsoft platform delivery expertise. Comparable for competing on enterprise and public-sector digital transformation mandates in the Nordics.
• Capgemini: Global IT consulting and services firm with established Nordic operations and growing investments in applied AI and Microsoft Copilot delivery. Comparable as a broad incumbent increasingly competing for the same Microsoft-led enterprise AI engagements in the Nordics.

Direct peers

• Crayon: Norwegian-headquartered software and cloud economics services firm with strong Microsoft and hyperscaler partner status across the Nordics. Comparable for competing on cloud platform advisory, Microsoft specializations, and data/AI services to the same enterprise clients.
• Atea: Leading Nordic IT infrastructure and services provider with strong Microsoft and cloud platform delivery capabilities across Norway, Sweden, Denmark, and Finland. Comparable because of overlapping Nordic enterprise/government client base and Microsoft-aligned service portfolio.
• Avanade: Joint Accenture-Microsoft venture that is the largest pure-play Microsoft-focused consulting firm globally. Comparable because of its deep Microsoft Inner Circle and Azure AI Foundry capabilities competing directly with Twoday for Nordic enterprise AI Business Solutions deals.
• Devoteam: European IT consulting firm with deep Microsoft and cloud platform specializations operating in the Nordics and Western Europe. Comparable for competing on Microsoft-aligned cloud transformation, data platform, and applied AI engagements targeting the same enterprise buyer personas.
• Netcompany: Danish-headquartered IT services and digital transformation company operating across the Nordics, Netherlands, and UK. Comparable because it competes for the same Nordic public-sector modernization contracts and digital transformation engagements that anchor Twoday's go-to-market.
• Tietoevry: Large Nordic-headquartered IT consulting and software firm with deep Microsoft and data platform practices serving public and private sector across the Nordics. Twoday's current CEO Christian Pedersen previously held senior roles at Tietoevry Create, making it the most direct talent-and-market comparable peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/twoday-business-applications

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Subsidiaries6 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 twoday Business Applications