Initto- The New Captive Inspiration for Markets!

Initto company profile

Established in 2003, we are a global IT services provider with a strong Danish foundation. We provide a wide range of customized IT services, product engineering solutions and consulting to clients worldwide. By specializing in these three service offerings, we give our clients access to specialists, thereby enabling them to focus on their core competencies. This also gives them quality time for innovation and value creation.

A brief history

In 2003, KRING Development A/S merged with the Danish-Indian company, ContinuumIT and became Kring Technologies A/S in Denmark and KRING India Pvt Ltd in India . Before 2003, KRING Development A/S developed e-business solutions for several established Danish customers, while ContinuumIT´s core competence was development of software applications through its offshore location, and the company had clients in both Europe and the USA.

The two companies, therefore, complemented each other - KRING Development having a strong presence in the local market and ContinuumIT, with its offshore development center and clientele around the world, providing a global perspective to the partnership.

In 2005, KRING Technologies entered into a joint venture with a major American client in India. That same year, KRING also established partnerships in Ukraine with two different companies, and as a result KRING was established in Ukraine as an independent company - KRING Eastern and Central Europe – in 2006.

In September 2008, KRING Technologies changed its name to Initto. The name change marked the completion of an extensive reorganization of the company and strengthening of processes. It was also a step towards fulfillment of its objective of becoming the most efficient software provider in the market.

In November 2009, Initto teamed up with Saxo Bank to support and speed up the development and strengthening of the latter’s trade systems. By July 2010, Saxo Bank bought all Initto’s stocks, thus owning the company entirely and making it the bank’s 100% subsidiary.

Services

Initto’s services are based on our Global Delivery Model, which is managed by Global Delivery Managers based close to our clients. Our services are executed by resources based in our global development centers in India. Our teams integrate themselves into the client's business technology and functional requirements and then apply industry standard development processes and technologies to deliver solutions that meet our clients' requirements.

To ensure stability in our services, we have established a solid quality model based on CMMi maturity level 3. For development, we have implemented agile development models such as SCRUM and Extreme programming and the traditional Waterfall model.

At Initto we are happy to share our experience in quality and development processes with our clients. This approach enables us to establish, develop and stabilise processes that ensure on time delivery of repeatable high quality solutions.