- CEO
- Alessandro Cozzi
- Full Time Employees
- 576
- Sector
- Technology services
- Industry
- Data processing services
- Address
- Via dei Mercanti No.12 Milan MI Italy 20121
- IPO Date
- Jun 5, 2017
- Business
- Wiit S.p.A. (WIIT.MI) operates as a European leader in private and hybrid cloud computing services, specializing in continuous management of critical applications for medium and large enterprises. The company provides hybrid, hosted private, and public cloud services; cloud solutions for critical applications including SAP, Oracle, and Microsoft platforms; business continuity and disaster recovery; cyber security as-a-service; data transmission; managed services; system integration; cloud management including the WIIT Cloud Native Platform (WCNP); colocation; managed and standardized hosting; IT outsourcing; ERP software solutions; server virtualization; hyperconverged infrastructure; storage and network development; IT security and customer management; backup implementation; SAP migration, automation, and support; help desk; desktop, server, and application management; asset management; system housing; hosting document processing; and Kubernetes container platform. Wiit serves financial, industrial, service, banking, healthcare, manufacturing, law firms, and marketing technology sectors through 19 data centers connected in layer 2 across Italy, Germany, and Switzerland, including three Tier IV certified by the Uptime Institute and integration with major hyperscalers; it maintains six top-level SAP certifications and operates subsidiaries such as myLoc Managed IT AG, WIIT AG, Michgehl & Partner GmbH, Econis AG, and GECKO mbH, with headquarters in Milan, Italy, founded in 1996.
Recent developments include the 2023 acquisition of 100% of GLOBAL ACCESS INTERNET SERVICES GmbH through myLoc Managed IT AG for private cloud enhancement; 2024 acquisitions of Edge&Cloud in Germany (consolidated April 1), Econis AG in Switzerland (consolidated May 1), and Michgehl & Partner (consolidated November 1), contributing significantly to recurring revenues and synergies; strategic partnership with Group E in February 2025 to host generative AI technology on WCNP; major contract renewals and extensions such as a EUR 5 million six-year deal with a professional services group in January 2025, a EUR 2.9 million five-year hybrid cloud extension with a digital trust firm in March 2025, a EUR 9.0 million five-year PaaS expansion with a German marketing technology leader in April 2025 defeating U.S. hyperscalers, and a EUR 9.8 million seven-year renewal with a luxury and automotive manufacturer in May 2025; approval of EUR 0.30 per share dividend and RSU Plan 2025-2029 at the April 2025 shareholders' meeting; and termination of the COO role with interim coverage by CEO Alessandro Cozzi in August 2025.