AlmavivA, a leading Italian ICT provider, reported revenues of €1,266 million in 2024 (+9.5% YoY), with €822 million coming from domestic operations. Growth was fueled by strong demand for IT and innovative technologies, especially through its subsidiary Almawave, while the CRM/contact center business slowed, prompting a shift to higher-value services and AI-driven offerings.
The IT business performed well across all sectors. In Italy, AlmavivA won major public sector contracts in social services, defense, healthcare, tourism, and water management. Internationally, it expanded its work with the EU and enhanced its global visa services. In transport, the company reinforced its ties with Ferrovie dello Stato and advanced smart mobility and intelligent transport systems, expanding internationally. In finance, it supported banks in modernizing core processes. Almawave also developed Velvet, a suite of multilingual GenAI models, to unlock global opportunities.
Strategically speaking, AlmavivA streamlined and evolved its portfolio in three segments: IT services, CRM/contact centers, and innovative data/AI technologies. Its GIOTTO Digital Ecosystem integrates expertise in AI, cloud, cybersecurity, IoT, and blockchain through specialized Competence Centers, Insight Hubs, and Innovation Labs. In CRM, the focus shifted to digital engagement solutions in Brazil, Colombia, and Tunisia. Almawave continued to drive AI innovation in Italy, Brazil, Spain, and the US.
Growth was also driven by acquisitions, including MEA Engineering (water utilities), Iteris (US mobility solutions), and TIVIT (Brazil, digital services). AlmavivA won projects with Italian public administration, EU institutions, and global transport and mobility companies. However, PAC highlights the company’s vulnerabilities due to its reliance on a limited set of sectors and clients, especially amid economic and geopolitical uncertainties.
This Vendor Profile provides more details and an assessment of AlmavivA’s strategy and positioning, plus a detailed analysis of its offerings, vertical expertise, and performance.
SHARE :
This Excel document delivers market figures broken down by products and services.
Event Date : November 28, 2025
This Excel document positions and ranks the major software vendors and IT services providers by revenue.
Event Date : December 18, 2024
Cognizant is a top 10 global IT services company with a dedicated cybersecurity practice integrated across applications, cloud, data, and ...
Event Date : October 24, 2025
This InSight Analysis report provides a coherent analysis and current overview of the software market in Germany.
Event Date : December 05, 2024
The SAP Services vendor profiles portray leading providers of SAP services, analyzing their strategies and ...
Event Date : September 19, 2022
Endava - Figures - Worldwide – FY 30-Jun-2025
Datamart December 05, 2025 NEW 
Endava - Vendor Profile - Worldwide
Vendor Profile December 05, 2025 NEW
Manufacturing - InBrief Analysis - Denmark
Market Reports December 05, 2025 NEW
Banking - InBrief Analysis - Denmark
Market Reports December 05, 2025 NEW
Vertical Sectors - Market Figures - South Africa
Datamart December 05, 2025 NEW
Atos: Cause for Optimism, Despite the Headlines
Blog Post February 05, 2024
The Dawn of A New Era for Germany’s Digital Economy
Blog Post December 04, 2025
Workday Updates on Europe, Sana & AI Progress
Blog Post December 03, 2025
Blog Post December 03, 2025
New Realms of Cyber Defense: Key Takeaways from Orange Cyberdefense’s Analyst Day in London
Blog Post December 02, 2025
Why Infrastructure Security Is Now a Boardroom Priority
Blog Post December 02, 2025
