SW Development, Data Science & IT Outsourcing

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

Our main customers include banking, insurance, pharmaceutical and telecommunications companies 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.

For more information visit the following websites:

  • https://profinit.eu
  • https://bigdataforbanking.com
  • https://systemsmodernization.com
  • https://cluemaker.com - visual analytics tool

Certifications/Compliance

ISO 27001
ISO 9001:2015
Czech RepublicCzech Republic
Pobrezni 620/3, 186 00
+420224316016
$25 - $49/hr
250 - 999
1998

Service Focus

Focus of Software Development
  • Java - 30%
  • .NET - 30%
  • AngularJS - 20%
  • C# - 10%
  • Python - 10%
Focus of Big Data & BI
  • Predictive Analytics - 20%
  • Data Analytics - 15%
  • Data Warehousing - 15%
  • Apache Hadoop - 15%
  • Apache Kafka - 15%
  • Apache Spark - 15%
  • Data Science - 3%
  • Big Data - 2%

Profinit's exceptional Maintenance & Support services give clients a considerable advantage over the competition.

Industry Focus

  • Banking - 50%
  • Telecommunication - 20%
  • Healthcare & Medical - 10%
  • Transportation & Logistics - 10%
  • Insurance - 10%

Client Focus

10% Small Business
40% Midmarket Business
50% Enterprise

Detailed Reviews of Profinit

Ales Nedbalek
Ales Nedbalek, Service Owner IT Asset Protection at Česká spořitelna (Erste Group bank)
Posted on Feb 21, 2024

The Profinit team helped us to define proper HW requirements and then provided the desired solution with the cutting-edge architecture tailored precisely to our needs.

We were satisfied with the delivery, which met our requirements for a favorable price solution. There are currently 2 separate Cloudera Hadoop solutions and 48 physical servers.
Both the analysis and the subsequent implementation were conducted properly and in a friendly spirit.
The result is that we have a central log monitoring system with uniform handling of real-time and batch data. The solution processes tens of thousands of logged entries per second and is compliant with new cyber security legislation. It also enables analyses of freshly generated data for the security department. There is no need to maintain two separate codebases anymore, which makes development, deployment and servicing much simpler and faster.

What was the project name that you have worked with Profinit?

Central log data monitoring solution development

What service was provided as part of the project?

Software Development

Describe your project in brief

Profinit analyzed, developed and implemented a new system for fast, compliant data processing for Erste Group bank. They developed a system that can process streams of logging data from all monitored banking systems in real time. Working with the bank’s security, IT and operations departments, Profinit tailored the solution to meet each of our specific needs.

What is it about the company that you appreciate the most?

I find the most impressive the quick response to a specific bank entry - designing solutions and internal POC for demonstration and cost estimation in a short time.

What was it about the company that you didn't like which they should do better?

Nothing :-)

Rating Breakdown

  • Quality
  • Schedule & Timing
  • Communication
  • Overall Rating

Project Detail

  • $50001 to $200000
  • Completed
  • Banking
Martin Gernes
Martin Gernes, Tribe Lead responsible for data at Česká spořitelna
Posted on Feb 14, 2024

Thanks to Profinit's high-quality and professional delivery, along with their top IT experts, we achieved a high level of efficiency and cost savings.

Profinit built a custom-made big data computational platform, based on the Hadoop, Apache Spark and Python technological stack. Profinit delivered consulting, expert and development services.
Thanks to project deliveries we realized a significant decrease in fraud transactions and improved clients' NPS ratio.
The workflow between our team and Profinit's was highly effective. Profinit's culture of self-managed teams, led by senior consultants or architects, and their optimal mix of senior and junior staff contributed to this success. We achieved a high level of efficiency, realizing cost savings compared to the original estimation. Additionally, their services were highly cost-effective.

What was the project name that you have worked with Profinit?

High-speed platform for fraud detection

What service was provided as part of the project?

Software Development

Describe your project in brief

Profinit offered consulting services and developed Hadoop technologies for the largest bank in the Czech Republic, which has 4.5 million clients and is part of the Erste Group. The project's goal was to integrate payment transaction sources and construct an analytical model for fraud detection.

What is it about the company that you appreciate the most?

It's great to hear that you found Profinit's approach impressive! Self-managed teams with a balanced mix of experience levels can often lead to innovative solutions and effective collaboration.

What was it about the company that you didn't like which they should do better?

None.

Rating Breakdown

  • Quality
  • Schedule & Timing
  • Communication
  • Overall Rating

Project Detail

  • $10001 to $50000
  • Completed
  • Banking

Client Portfolio of Profinit

Project Industry

  • Financial & Payments - 42.9%
  • Telecommunication - 14.3%
  • Banking - 28.6%
  • Transportation & Logistics - 14.3%

Major Industry Focus

Financial & Payments

Project Cost

  • $500000+ - 14.3%
  • Not Disclosed - 85.7%

Common Project Cost

Not Disclosed

Project Timeline

  • 26 to 50 Weeks - 14.3%
  • 51 to 100 Weeks - 85.7%

Project Timeline

51 to 100 Weeks

Clients: 16

  • Erste Group
  • O2
  • BNP Paribas
  • KBC Group
  • Vodafone
  • Deutsche Telekom
  • Raiffeisenbank
  • Allianz
  • Prague Airport
  • CEZ Group
  • Edenred
  • Darag
  • ING
  • NN
  • Coinmate
  • Berenberg

Portfolios: 7

Critical system integrating data for Prague Airport
Key Business Intelligence partner for KB
Competitor loans consolidation for Raiffeisenbank
Big data management platform
DevOps: Automated deployment on the cloud
Increasing acceptance rate through machine learning
Development of the Coinmate cryptocurrency exchange