What FIRSTBIT IT SOLUTION LIMITED does

First Bit (FIRSTBIT IT SOLUTION LIMITED) is an international IT integrator founded in 1998 and headquartered in Moscow, with regional offices across nine countries including a Dubai regional HQ. The company specializes in automating accounting, business processes, and digitalization for small businesses, medium enterprises, large corporations, and holdings, operating as both a certified implementer of the 1C platform ecosystem and a reseller of complementary software such as Bitrix 24 and multiple BI platforms. Its core product portfolio comprises 1C:Drive (ERP for SMEs), 1C:ERP World Edition (enterprise ERP for manufacturing and multi-function automation), and FirstBIT ERP, a localized accounting suite for enterprises operating in the UAE and 20+ foreign countries with e-commerce platform integrations, IFRS reporting, multilingual/RTL support, and UAE Federal Tax Service accreditation. Adjacent offerings include PIX RPA for rule-based process automation across finance, HR, procurement, IT, and sales, plus implementation services for BI tools (Power BI, Qlik Sense, Tableau, Visiology, Modus BI, PIX BI).

The company generates revenue primarily through project-based professional services (consulting, configuration, development, data migration, training, and ongoing support) delivered under a three-tier implementation methodology (Consulting, Balanced, Design) using Waterfall or Agile/Scrum frameworks, alongside software licensing and resale of 1C-based solutions, Bitrix 24, PIX RPA, and BI platforms. Pricing is quote-based with multi-year contracts; no public price list is disclosed. Go-to-market is direct enterprise field sales via regional offices, supported by a website-driven consultation and demonstration funnel. The company claims 8,500+ employees and 300,000+ regular clients, with no disclosed funding rounds, parent company, M&A activity, named customer logos, awards, patents, or executive leadership roster in the available data.

Name

FIRSTBIT IT SOLUTION LIMITED

Legal name

First Bit

Website

https://firstbit.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

First Bit is an international IT integrator founded in 1998, specializing in 1C-based ERP, RPA, CRM, and BI implementations for SMEs, corporations, and multinational enterprises across nine countries including the UAE and Russia.

Ownership category

akta.pro rank

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices7 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 Implementation Services: Project-based professional services for implementing accounting automation, business process automation, and digitalization solutions. Includes consulting, system configuration, development, testing, data migration, training, and ongoing support.
2. Software Licensing: Revenue from licensing 1C-based enterprise software solutions (1C:Drive, 1C:ERP World Edition, FirstBIT ERP) along with Bitrix 24, PIX RPA, and BI system implementations.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

First Bit is an international IT-integrator that delivers accounting automation, ERP, and business process automation solutions built on the 1C platform ecosystem, complemented by proprietary software (FirstBIT ERP, PIX RPA) and Bitrix 24 implementations. The company serves 300,000+ clients across 9 countries with consulting, system configuration, development, data migration, training, and ongoing support, using both Waterfall and Agile (Scrum) methodologies.

Product overview

First Bit offers a portfolio of accounting automation and business process automation solutions. The core accounting products include 1С:Drive (ERP for small/medium businesses), 1С:ERP World Edition (enterprise ERP), and FirstBIT ERP (specialized for UAE and 20+ countries with e-commerce integrations). Business process automation offerings include Bitrix 24 CRM & corporate portal, PIX RPA (robotic process automation), and multiple BI systems (PIX BI, Power BI, Qlik Sense, Tableau, Visiology, Modus BI). The company provides implementation services using Waterfall and Agile (Scrum) methodologies.

Differentiator

Problem solved

Functional benefit

Products and services

• 1C:Drive ERP ERP system designed for small businesses and medium enterprises, featuring customer order management, pipeline monitoring, order-to-cash process acceleration, demand and sales planning, order and price list management, cash position monitoring, and direct integration with cash registers.
• 1C:ERP World Edition Enterprise ERP solution for corporations, holdings, medium-sized businesses, manufacturing enterprises, and non-profit organizations. Automates operational processes including material cost accounting, administrative cost accounting, labor cost accounting, procurement, sales, production, and service processes.
• FirstBIT ERP Accounting automation solution for regulated and management accounting for enterprises in the UAE and 20 other foreign countries. Features e-commerce integrations (Shopify, Magento, WooCommerce, OpenCart), accreditation with UAE Federal Tax Service, English/Russian/Arabic interface with RTL support, IFRS financial reporting, and flexible configuration for approvals and notifications.
• PIX RPA Robotic process automation software for automating routine tasks across accounting, HR, procurement, IT, and sales/marketing departments. Includes robots for reporting, payment processing, CV parsing, employee onboarding, supply analysis, contract management, server monitoring, and lead generation.
• Bitrix 24 CRM & Corporate Portal CRM and corporate portal solution featuring BPMN business process modeling and automation, HR management (onboarding, employee accounts, time tracking, travel arrangements), project management (kanban, Gantt charts), document flow, CRM for sales and marketing, and corporate social network functionality.
• IT Implementation Services Project-based professional services for implementing accounting automation, business process automation, and digitalization solutions. Includes consulting, system configuration, development, testing, data migration, training, and ongoing support. Delivered through three tiers (Consulting Implementation for small organizations, Balanced Implementation for mid-market, and Design Implementation for large enterprises) using Waterfall and Agile (Scrum) methodologies.

Quantifiable outcome

• Simplifies and speeds up financial accounting processes
• +6 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

AI capability1 record

Feature5 records

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Andersen (formerly Itransition): Andersen is an Eastern European-headquartered IT services company offering custom software development, ERP/CRM implementation, and digital transformation. Similar heritage, scale, and enterprise software implementation focus to First Bit.
• DataArt: DataArt is an Eastern European-origin IT services and software engineering firm with offices in the US, UK, EU, and Latin America. It overlaps with First Bit in international enterprise software implementation, custom development, and multi-region delivery.
• IBA Group: IBA Group is a Belarus-headquartered international IT services company delivering enterprise software, ERP, and digital transformation services. Geographic proximity (Belarus), similar ERP implementation focus, and shared CIS heritage make it a direct comparable.
• Softline: Softline is an international IT solutions and services provider headquartered in Russia with operations across CIS, MENA, and Latin America. It overlaps with First Bit in enterprise software licensing, implementation, and cross-border digitalization services.
• ScienceSoft: ScienceSoft is a US-headquartered IT services firm with Eastern European delivery centers offering ERP, CRM, BI, and RPA implementation. It is comparable to First Bit in cross-border enterprise software implementation services.

Broad incumbents

• Accenture: Accenture is a global systems integrator and enterprise software implementation firm. It is comparable to First Bit as the dominant incumbent competing for enterprise IT implementation mandates, though at vastly larger scale and broader platform coverage.
• 1C Company: 1C Company is the Russian-origin developer of the 1C:Enterprise platform that First Bit implements. While not a direct competitor on services, 1C is the principal platform partner whose product roadmap and licensing model directly determine First Bit's addressable market.
• EPAM Systems: EPAM is a large Eastern European-headquartered IT services and digital platform engineering firm serving global enterprises. It is comparable as a regional IT services peer with cross-border delivery capability, though at materially larger scale than First Bit.
• Bitrix24 (1C-Bitrix): Bitrix24 is the CRM and collaboration platform that First Bit resells and implements. It is comparable as the principal product partner whose market traction directly drives First Bit's CRM-related services revenue.

Others

• Capgemini: Capgemini is a global IT services and consulting firm with deep ERP/SAP/Oracle implementation practices. Comparable to First Bit as a broad incumbent competing for enterprise digital transformation mandates in markets where First Bit operates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/firstbit-global

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 FIRSTBIT IT SOLUTION LIMITED