Profinit Verified Company

PragueCzech Republic

Profinit has multiple offices.
The head office is in Prague, Czech Republic

Founding Year 1998
Team Size 250-999
Cost of Services $$$$$ $30-70/h

Profinit is one of the leading companies in the field of Software Development, Big Data & Data Science, Consulting and IT Outsourcing. IDC Research ranked Profinit as the 3rd largest custom application developer in the Czech Republic.

Key clients: Erste Group, O2, BNP Paribas, KBC Group, Vodafone, Deutsche Telekom, Raiffeisenbank, Allianz, Société Générale, Prague Airport, CEZ Group, VIG Re, Confirmo, Edenred, Darag, M.M. Warburg, Coinmate, Berenberg

Our services:

  • Custom software development

  • Application management outsourcing

  • BI/DWH design & development

  • Big data, data science & AI

  • Enterprise integration

  • IT outsourcing

Our main customers include banking, insurance, pharmaceutical and telecommunications companies and utilities in Central and Western Europe, and we also service a number of other private and public-sector organizations.

Our services and products are used by customers in Germany, Austria, Benelux, the UK, and other countries, where we operate in the nearshore mode.

We develop and maintain key Internet banking systems and other bank applications, insurance policy management systems, B2B and B2C portals, EPM systems, fraud prevention solutions and even a mission-critical software system for an international airport.

A long history of technical engineering excellence has led Western companies to rely heavily on skills and expertise from the Czech Republic. We are proud of the quality of our services and the certificates ISO 9001, ISO 27001, ISO 20000, and PRINCE 2, underpinning our commitment to provide high-quality sustainable services.

We are an attractive employer for university graduates and the technology market, due to the nature of our work and the company culture. We sponsor and run university programs which consist of teaching modules, delivering lectures on software engineering, as well as working together on research projects for a number of high-ranking universities in the Czech Republic. Fluent English is the norm for all of our consultants. The average employee is around 35 years of age with a First or Master degree in Computing or Science.

We are able to deploy our employees on new projects quickly (for analysis, consulting and onsite project management). We can scale & provide teams as appropriate, within weeks.

Profinit at a Glance

Who Founded Profinit?

How many projects a year does Profinit deliver?

What is Profinit average cost per project?

What are Profinit company values?

Profile strength: Excellent

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TOP! Profinit is one of those reputable companies that have a strong profile on TechBehemoths. Based on their experience, client references, testimonials, portfolio, you can rely on their competence. You can confidently contact them and send your project inquiry. Profinit is ranked in the top 42% among all 43,000+ IT companies on the platform.

Awards
Company of the Month in
Czech Republic
Apr 2023
This is a monthly achievement for their digital presence, users' engagement with their profiles, company effort and shown capabilities. Learn more

Locations

HEADQUARTERS

Pobřežní 620/3
Prague 18600
Czech Republic

Other locations

Kukuričná 163/1
Bratislava 83103
Slovakia

Tychonova 2
Prague 16000
Czech Republic

Ballindamm 8
Hamburg D-20095
Germany

Speciality

Main Services Focus
  • Custom Software Development
  • Application Management & Support
  • BI & Big Data Consulting
  • IT Staff Augmentation
  • Artificial Intelligence
  • Enterprise App Modernization
  • Cloud Consulting

Client Focus

  • 60% - Enterprise (>$10M)
  • 30% - Mid-market ($1M - $10M)
  • 10% - General partnership ($200k - $500k)

Industry Focus

  • Financial services
    45%
  • Health Care & Medical
    20%
  • Telecommunications
    15%
  • Information technology
    10%
  • Utilities
    10%
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Profinit Stats
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You can learn more about company stats on TechBehemoths in this article.

General

How Profinit compares to other companies based on profile strength?

See how Profinit is positioned among 108 companies from Czech Republic based on profile strength. An excellent rate means that you can trust this company and initiate successful partnerships.

Pricing

How much does Profinit charge for their services compared to other companies in Czech Republic and Prague?

Profinit charges between $30 - 70/hour, meaning that the cost of their services in Czech Republic is below average. This is perhaps a sweet spot. A well-optimized cost structure. It could definitely be a win in the end, but don't forget about your due diligence before hiring..

Services

How many services does Profinit provide compared to other companies?

Profinit covers 37 services in their current region or area. This means that the company offers a high range of services compared to their competitors. That's great, but do your due diligence before. Too many services are also tricky. It might be that the company is a superstar indeed, but at the same time, they could be overwhelmed with just a little of everything.

Year

When was Profinit founded?

Profinit was founded in 1998. According to TechBehemoths data, 5 companies were founded in Czech Republic in the year 2000 or before. Compared to other companies, Profinit is veteran in the market. What can be added here? A very experienced company, which most of the time works with bigger clients or long-term projects. If you are one of these - don't think twice and contact them.

4.9

From 3 reviews

  • reviewed on 13/9/2024

    Outsourcing of internal application development

    Our collaboration with Profinit on the Securities Workbench project exemplifies how distance is no barrier to achieving innovation and teamwork at its best. Together, we’ve crafted a scalable, future-proof platform that not only meets today’s needs but is ready for tomorrow’s challenges. The seamless integration of our teams and the expertly designed modular architecture forced us to establish a long-term cooperation with Profinit. Profinit delivered great work and met expectations. The team’s project management style was collaborative and agile, allowing them to keep the project on track. Moreover, they served as a functional extension of the client’s staff. They were proactive and had excellent problem-solving skills.

    Budget

    5.00

    Quality

    5.00

    Schedule

    4.00

    Communication

    5.00
  • reviewed on 23/5/2024

    High-speed platform for fraud detection

    Profinit built a custom-made big data computational platform, based on the Hadoop, Apache Spark and Python tech stack. The project aimed to integrate payment transaction sources and build an analytical model to identify fraud. The unique architecture was built to perfectly match the requirements of our in-house analytics department. As a result, we saw a significant decrease in fraudulent transactions and an improved client NPS ratio. Profinit's workflow was absolutely effective. They worked truly well as self-managed teams led by senior consultants and architects. Their services were also highly cost-effective (we realized cost savings in the project in comparison to the original estimation). I have to recommend them... high quality, top expertise, high effectiveness, open and fair communication.

    Budget

    5.00

    Quality

    5.00

    Schedule

    5.00

    Communication

    5.00
  • reviewed on 8/3/2024

    Development of central log monitoring solution for Erste Group bank

    Profinit developed a centralized log management system for our bank, the largest bank in Czechia. To comply with banking regulations, it was necessary to build one unified repository for various audit logs and unify the logs into a unified structure, logs of internal/external applications, infrastructure, and network... Ensuring the storage of the original message, message hash, immutability, and anti-readability. Both the analysis and the subsequent implementation were conducted properly and in a friendly spirit. We were satisfied with the Profinit's delivery, which met our requirements for a favourable price solution.

    Budget

    5.00

    Quality

    5.00

    Schedule

    5.00

    Communication

    5.00

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