Itmagination

Itmagination, styled as ITMAGINATION, is a Polish technology company founded in Warsaw in 2008. The business was established on 9 September 2008 by Daniel Arak, Dawid Łaziński, and Łukasz Kieloch. Its principal base is in Warsaw, with an additional Polish office in Kraków and a bureau established in Boston, Massachusetts, in 2016. The company operates primarily as a technology-services and custom-development provider rather than as a narrowly defined packaged-software vendor. Its service portfolio covers custom software development, financial-technology solutions, business intelligence, data management, data analysis, machine learning, IT outsourcing, application migration, application integration, application management and maintenance, and broader application-lifecycle services. This range allows Itmagination to participate in projects spanning initial product development, modernization of existing systems, data-oriented decision support, and ongoing technical operations. Financial services have been an important sector focus, although the company has also delivered technology work more broadly. The company’s first client was Bayer. Itmagination has also been described as an official partner of Google, IBM, Microsoft, and Oracle, reflecting an ecosystem-oriented approach built around major enterprise technology platforms. In 2012, Microsoft named Itmagination its Partner of the Year in Poland; the company also obtained seven gold and two silver Microsoft Certified Partner certifications that year. A related organizational development occurred in 2013, when Daniel Arak, Dawid Łaziński, Łukasz Kieloch, and Paweł Borowski founded ITM Outsourcing, or ITMO, to focus specifically on IT outsourcing. In 2016, Itmagination and ITMO were merged under the Itmagination brand. The same year, the company expanded its geographical presence with a Boston bureau and received recognition in Deloitte’s Central Europe technology-growth rankings. Itmagination reported rapid expansion during its early growth period. Between 2011 and 2014, its revenues increased by 530 percent, while its workforce grew from 180 employees in 2014 to 280 in 2015 and 450 in 2019. These figures position the company among Poland’s rapidly growing mid-sized technology businesses during that period. It received the Gazela Biznesu award in 2015, 2016, and 2017, and appeared in Deloitte and Financial Times growth-related rankings. In 2020, Itmagination completed its first disclosed acquisition by taking over Maise, a Kraków-based company associated with mobile interfaces and user-interface and user-experience services. The transaction broadened Itmagination’s capabilities in interface design and UX work; its value was not disclosed. The available reference material does not establish the company’s current ownership, leadership structure, financial condition, or operating status. Accordingly, Itmagination is best characterized as a Warsaw-founded Polish technology-services brand with capabilities across software engineering, enterprise systems, data, outsourcing, and digital product design.

Itmagination was founded on 9 September 2008 in Warsaw by Daniel Arak, Dawid Łaziński, and Łukasz Kieloch. The company began as a technology-services business serving organizations that required software engineering and related enterprise technology capabilities. Bayer was identified as its first client, providing an early example of the company’s orientation toward large corporate customers. During its initial expansion, Itmagination developed capabilities in custom software development, business intelligence, data management, data analysis, machine learning, and financial-services technology. It also provided services for migrating, integrating, managing, maintaining, and extending business applications. This positioned the company across several stages of the application lifecycle rather than limiting it to one development phase. Its work also included IT outsourcing, which later became the focus of a separately established related company. In 2012, Microsoft recognized Itmagination as Partner of the Year in Poland. The company obtained seven gold and two silver Microsoft Certified Partner certifications during the same period. Itmagination subsequently developed relationships with other major enterprise technology vendors, including Google, IBM, Microsoft, and Oracle. The company’s growth accelerated in the early 2010s. Between 2011 and 2014, its revenues grew by 530 percent. Its employee count rose from 180 in 2014 to 280 in 2015 and 450 in 2019. It received the Gazela Biznesu award in 2015, 2016, and 2017, an accolade associated with fast-growing small and medium-sized companies in Poland. It was also included in Deloitte’s Central European technology-growth rankings, including the Rising Stars category, and was featured in the Financial Times FT1000 in 2017. In 2019, Finovate Europe in London selected it among 65 companies specializing in technology solutions for financial institutions. In 2013, Arak, Łaziński, and Kieloch joined with Paweł Borowski to establish ITM Outsourcing, known as ITMO. The new organization was designed to focus specifically on outsourced IT services. In 2016, Itmagination and ITMO were merged under the Itmagination brand, bringing the outsourcing operation into the broader company structure. That year, Itmagination also opened a bureau in Boston, Massachusetts, in addition to its Warsaw headquarters and Kraków office. The company made its first reported acquisition in 2020, taking over Maise from Kraków. Maise specialized in mobile interfaces and UI/UX services. The acquisition expanded Itmagination’s offering into user-interface and user-experience design and complemented its existing software engineering and application-development work. The value of the transaction was not disclosed. The available reference material does not provide a current corporate ownership structure, current executive roster, present employee count, or a definitive statement of whether the company remains active. It therefore documents Itmagination primarily through its established history as a Polish software and IT-services provider with international outreach and a broad enterprise technology portfolio.

1. 2020Acquisition of Maise

   Itmagination acquired Maise, a Kraków-based mobile-interface and UI/UX specialist, broadening its design services.

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2. 2016Brand consolidation and Boston expansion

   ITM Outsourcing was merged into Itmagination, while the company established a bureau in Boston, Massachusetts.

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3. 2013ITM Outsourcing established

   The founders and Paweł Borowski created ITM Outsourcing to focus on outsourced IT services.

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4. 2012Microsoft Partner of the Year in Poland

   Itmagination received Microsoft’s Partner of the Year recognition in Poland and obtained seven gold and two silver Microsoft Certified Partner certifications.

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5. 2008Company founded

   Daniel Arak, Dawid Łaziński, and Łukasz Kieloch founded Itmagination in Warsaw on 9 September 2008.

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A Poland-based technology partner for organizations seeking custom software engineering, enterprise application services, data and analytics capabilities, outsourcing, and digital product design.

• Custom software developmentSoftware engineering

  Itmagination develops bespoke software for organizational and enterprise needs. The offering covers the creation of new applications and technology solutions tailored to a client’s operating requirements, industry context, and existing systems. Custom development is the foundation connecting the company’s broader services in application integration, data, analytics, and lifecycle management.

• Enterprise application servicesApplication lifecycle services

  The company provides application migration, integration, management, maintenance, and application-lifecycle services. These capabilities support organizations moving applications between environments, connecting systems, keeping software operational, and extending applications after initial deployment. The available material presents these as services rather than as a named standalone software product.

• Data and business intelligence solutionsData and analytics

  Itmagination works on business intelligence, data management, and data analysis projects. These services are intended to help organizations structure, process, and interpret operational information. The reference material does not identify a proprietary analytics platform, so this line is best understood as consulting, engineering, and implementation work delivered for client environments.

• Machine learning solutionsArtificial intelligence and analytics

  Machine learning is included among Itmagination’s technology capabilities. The company’s role is described as providing solutions and services rather than selling a separately named machine-learning product. Such work sits alongside data management, analysis, business intelligence, and custom software development.

• UI/UX and mobile-interface servicesDigital product design2020

  Following the 2020 acquisition of Maise, Itmagination broadened its portfolio with mobile-interface and user-interface/user-experience design capabilities. This addition extended the company beyond backend engineering and enterprise systems into the design of customer-facing digital products and interfaces.

• 2020Acquire Maise for UI/UX expansionM&A

  Itmagination sought to broaden its service portfolio beyond engineering and enterprise technology implementation.

  What changed. The company took over Maise, a Kraków-based provider associated with mobile interfaces and UI/UX services.

  Aftermath. The transaction expanded Itmagination’s user-interface and user-experience design capabilities. The acquisition price was not disclosed.

  Transaction value. (2020)

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• 2016Merge ITM Outsourcing into ItmaginationM&A

  ITM Outsourcing had been established as a separate company for outsourcing work, while Itmagination maintained a broader technology-services identity.

  What changed. The two companies were merged under the Itmagination brand.

  Aftermath. The merger consolidated the company’s software, technology, and outsourcing activities under one name.

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• 2013Create a dedicated IT outsourcing businessStrategy

  The founders identified IT outsourcing as a distinct service area requiring a dedicated operating focus.

  What changed. Daniel Arak, Dawid Łaziński, Łukasz Kieloch, and Paweł Borowski established ITM Outsourcing.

  Aftermath. The outsourcing business was later brought back under the Itmagination brand through a 2016 merger.

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• 2020Itmagination acquired Maise

  Itmagination took over Maise, a Kraków company focused on mobile interfaces and UI/UX services, expanding its product-design capabilities. The transaction value was not disclosed.

  M&A
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• 2016Itmagination and ITM Outsourcing merged under one brand

  Itmagination and ITM Outsourcing were combined under the Itmagination name, consolidating the company’s technology and outsourcing activities.

  M&A
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• 2016Boston bureau established

  Itmagination expanded its geographic footprint by establishing a bureau in Boston, Massachusetts.

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• 2013ITM Outsourcing established

  The company’s founders and Paweł Borowski created ITM Outsourcing to concentrate on IT outsourcing services.

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• 2008Itmagination founded in Warsaw

  Daniel Arak, Dawid Łaziński, and Łukasz Kieloch founded the Polish technology company on 9 September 2008.

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1. Itmagination