About Bittnet Training

In April 2018, Bittnet launched a new brand for the integration division – Dendrio – and adopted a group structure, thus restructuring the organization of the business, which is currently based on two key vectors: education and technology.

Shortly after the announcement of the new structure, Bittnet made two new acquisitions – a majority stake in ERP solutions company Elian Solutions, as well as a significant stake in game-based learning company – Equatorial Gaming. Following the acquisition, the activity Equatorial was integrated into the Education division, while Elian completed the offer of IT integration services by adding ERP solutions to the Dendrio portfolio. In December 2018, Bittnet acquired the IT&C integration activity of Crescendo International SRL, a company with 25 years of experience in Romania and on foreign markets. Crescendo's IT&C division has been integrated into Dendrio and, as a result of the merger, the company benefits from a more stable business structure, more qualified human resources, as well as an expanded portfolio of customers, products and services.

The current structure a Bittnet Group looks like this:

• Education Division, led by Dan Berteanu – Vice-President for Education in the framework Bittnet Group – which starts with the training of IT specialists right from school / faculty, but is also for those who want a complete change in their career and choose conversion (Credis Academy) or continue dedicated programs through which we develop IT roles and skills for specialists who already practice in the IT field (Bittnet Training). The learning experience is complemented by unconventional activities and techniques based on gamification (Equatorial).
• Technology Division, led by Cristian Herghelegiu – Vice-President for Technology in the framework Bittnet Group - which offers, through Dendrio, a practical and agile approach to businesses in continuous development. This division offers comprehensive and comprehensive consulting, migration, support and licensing solutions and integration services on technologies such as cloud, security, networking or digital & modern workplace. Dendrio is the largest secured-hybrid-multi-cloud from Romania.

The year 2017 began under the sign of the anniversary of a decade of existence for our company. On February 22 Bittnet has completed 10 years of activity, and in this interval we reinvented ourselves dozens of times and, above all, we fought to grow within the same framework of values ​​and principles that we had since we started.

Bittnet was included in the Top 1000FT, a list made by the prestigious British financial publication Financial Times, among European companies with the highest growth. Only four other Romanian companies were included in the top, all of them in the IT field.

Obviously, the most special project of 2017 was the acquisition of the GECAD NET company from the Romanian entrepreneur Radu Georgescu. We believe that the IT market must be strengthened, and I have stated this idea numerous times in recent years.

The year 2017 represented the third year of activity as a public company, listed on the AeRO market of the Bucharest Stock Exchange and also the eleventh year of activity, a very important threshold of maturity both for us and for IT entrepreneurship in Romania.

A significant event for 2017 was the moving of the training center to a new space - Bd. Timisoara, no. 26, floor 1 (Plaza Building Offices). It is a class "A" office building, which offers us a space of over 1000 square meters, which allowed us to effectively triple the delivery capacity.

The year 2016 represented the second year of activity as a public company, listed on the Aero market of the Bucharest Stock Exchange, and also the tenth year of activity, a very important threshold of maturity both for us and for IT entrepreneurship in Romania. We thus mark the transition to a medium-sized company, which has managed to grow and develop constantly and continuously based on solid business principles and cultural values ​​aimed at honesty, transparency and flexibility in terms of performance and competence.

Another aspect of our evolution in 2016 was the geographical coverage: from a predominantly local company to a company with a national footprint, oriented towards the latest technological trends: cloud, cybersecurity, data center. Thus, together with the office in Cluj, which continued its expansion in the second year of activity, after already confirming its viability, we opened local offices in Sibiu and Brașov.

Starting with 2016, Bittnet joined the largest association of training partners Microsoft – LLPA (Leading Learning Partner Association), which allows us to strongly expand both export revenue and course delivery in any language anywhere in Europe. Starting at the end of 2016, Bittnet this Oracle Approved Education Center.

In March 2015, Bittnet raised capital by 150.000 euros by selling shares to Carpathia Capital SA with the intention of further increasing sales capabilities and increasing revenues in the future.

In April 2015, Bittnet was listed on the AeRO market of the Bucharest Stock Exchange, thus becoming the first Romanian IT company listed on the Bucharest Stock Exchange.

We have delivered 200 distinct projects such as the national expansion of the IT network of a DIY superstore, ensuring the wi-fi functionality of a hypermarket nationwide or building a data center for a company cloud services. Thus, we have exceeded 1000 IT integration projects completed in the last nine years.

2015 was a success of the first year of activity of the Cluj regional office, a pilot project that proved to be a good strategic decision and at the same time a learning experience that will allow us to develop the following regional offices in 2016.

Another important achievement in 2015 was that Bittnet obtained the status of Cisco Certified Gold Partner, thus being the only Romanian company that managed to obtain this status in the last 8 years.

Revenues continued to rise to a total of over €2,2 million.

In July 2014, Bittnet closes the company's first REGIO project (started in 2010) with full reimbursement – ​​for a total funding received of over 600 RON.

Based on winning the tender for the organization of IT courses for the next 2 years for the largest manufacturer in Cluj, Bittnet opens the first regional office in Cluj with a dedicated account manager for Transylvania. The company plans to open several more offices across the country in the next 2 years.

Also of importance, during 2014 the company strongly increased its IT services (consulting, auditing and design), even exporting IT professionals to implement data center projects in Germany.
During 2014, Bittnet was recognized as part of the Technology Fast 500 Top in EMEA by Deloitte (position 333) and in the book of Entrepreneurs from Romania, as a result of participation in the EY Entrepreneur of the Year Competition.

The company added 2 new providers to the training portfolio. Became Amazon Web Services Authorized Training Partner, Oracle Education Reseller and Oracle Partner Network Silver Level.

The company initiated the publication process by listing its shares on the AeRO market in Romania.

Revenues continued to grow to a total of over 1,8 million euros.

The company continues to invest in expanding technical capabilities for both training services and equipment and end-to-end solutions. Following major technology trends, the company focuses on IT security, data centers, unified communications and employee mobility.

Sales and marketing efforts are ramping up and new Account Managers and specific B2B marketing activities are taking place in an attempt to win new customers.

Bittnet improves its status of Cisco Learning Partner, becoming Cisco Silver Certified Partner, demonstrating the ability to build complex network architectures that provide unlimited connectivity and advanced collaboration both within the company and with business partners.

2013 is also the year that Bittnet earn certifications Microsoft Silver Learning and Server Platform Partner, which again demonstrates our focus on results and improvement in the company's mission to meet the needs of its customers.

In its continuous effort to expand the training offer, Bittnet expands its list of strategic partnerships by adding a local company focused on data center and virtualization. This allows Bittnet to actively start providing trainings VMware customers. This is an area that has quickly caught on with customers; Bittnet has become one of the most important providers of this type of training in Romania.

Cristian and Mihai were nominated for "IT Entrepreneur of the Year" at the Wall-Street.ro awards ceremony in 2013.

Revenues continued to grow to EUR 1,5 million.

After the "Venture Connect" event in November 2011, Răzvan Căpățînă, a private investor, joins the company's shareholders, bringing capital to strengthen sales and marketing efforts.

Based on the capital infusion, the company is expanding its sales team, hiring 5 new Account Managers to reach new customers across the country and increase sales.

The company decides to establish an advisory board of 3 experienced entrepreneurs and managers from different industries to support the growing efforts. Board members are given stock options in return for their contribution to contribute to the further development of the company.

In the same year, the company establishes the marketing department and allocates a budget dedicated to marketing and PR activities. The department continues to evolve in the coming years with a modern approach to revenue generating actions.

Bittnet the partner was appointed Cisco Learning Partner of the Year for the second year in a row at the annual Partners event. Added other authorized IT training certifications to the learning portfolio (Microsoft Silver Learning Partner, Linux etc), and the Global Knowledge partnership has been extended to other providers.

Revenues continued to rise to a total of 855.000 euros.

The company is expanding its technical skill set to cover leading and complementary IT technologies (eg: Microsoft, HP, Dell, etc.). Cisco still remains the main business and technical partner for network solutions, while secondary suppliers have been added to the solutions portfolio.

The company is establishing its first organizational structure to focus on providing better customer service, creating new roles and business priorities, and a professional sales process, supported by CRM tools from Salesforce and Google Apps. A top priority of the year was the creation of a business structure and processes based on unified and standardized IT technologies.

Bittnet He was named "Cisco Learning Partner of the Year" at the annual Partners event held in November.

The company expands its list of strategic partnerships, adding MindSpeed ​​among its top business partners.

Revenues continued to rise to a total of 490.000 euros.

The company is starting to address customers interested in IT education outside of Bucharest, with a special emphasis on the large industrial cities in the country.

The company decides to take advantage of the REGIO funds intended for small businesses, provided for growth and development by the Romanian Government, to create a modern technical laboratory for presenting new technologies to customers before they buy them. Also, the project meant the expansion of the service portfolio and the creation of 6 new jobs. The submission process started in early 2010, but the project actually started in October 2011 and was closed in March 2014.

Revenues continued to rise to a total of 450.000 euros.

The company changes its legal form from a limited liability company to a joint stock company.

Bittnet devine Cisco Official Learning Partner and is awarded for providing the largest training contract (since then). Cisco Service Provider for Cosmote. It was the first major contract won against several competitors from Romania and Europe.

The continuous growth of the customer base includes Dacia, Erste Bank, Cosmote Romania (later merged with Romtelecom, currently Telekom Romania), Cycle European (part of ICAP Group), E.On Romania.

Bittnet becomes the Global Knowledge Partner for Romania, literally being able to provide any kind of IT training through this partnership. Global Knowledge is the largest provider of IT courses in the world, with a portfolio of over 1500 training topics and a presence in over 100 countries worldwide.

Revenues continued to grow by more than 50% year-on-year to a total of 2720.000 euros.

Bittnet increases its client base with renowned companies such as: IBM Romania, Metro Systems Romania, Mit Motors International, Praktiker, Porsche Romania, TNT Express, Wiebe Romania.

At the beginning of 2008, the company delivers the first end-to-end VoIP solution for a German subsidiary with more than 150 employees spread throughout the country. The delivered solution was based on technologies Cisco VoIP and security and was the first professional end-to-end solution implemented by Bittnet.

The company ended the fiscal year with revenues of more than 170.000 euros.