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RiTS

RiTS Revenue

Technology, Information and InternetFlag of IQIraq51-100 Employees

$

RiTS revenue & valuation

Annual revenue$7,956,615
Revenue per employee$86,000
Estimated valuation?$25,500,000
Total fundingNo funding

Key Contacts at RiTS

Flag of IN

Paikat Mr

Ceo

Flag of BE

Marc Lybaert

Director

Company overview

HeadquartersIraq
Phone number+9647901934353
Website
SIC737
Founded2004
Employees51-100
Socials

RiTS Email Formats

RiTS uses 5 email formats. The most common is {first name}.{last name}@company.com (e.g., john.doe@company.com), used 48.2% of the time.

FormatExamplePercentage
{first name}.{last name}@company.com
john.doe@company.com
48.2%
{first name initial}{last name}@company.com
{first name initial}doe@company.com
24.1%
{first name}@company.com
john@company.com
12.4%
{last name}.{first name}@company.com
doe.john@company.com
8.9%
{first name}{last name}@company.com
johndoe@company.com
6.4%

About RiTS

RiTS is: An IT system integrator, Management Consulting, Capacity Building business. RiTS was: Established in Baghdad in 2004. Succeeded in surviving todate despite the harsh business and security environment in Iraq. RiTS is an important brand in Iraq known for its high service levels, quality, efficient performance and ethical processes. RiTS has: A long record of successful projects carried out for clients like USAID, UN, World Bank, KOIKA, Iraqi Ministries, Mobile operators, Microsoft, Black & Veatch, Deloitte, Atos, and many more. RiTS Innovation: Is demonstrated by its long list of conceptual solutions for many of the worst management problems Iraq faces. These are all published. In 2016 we started to execute these projects where possible and with limited budgets. We achieved so 3 important innovative projects: 1. Little India: Offshore programming services by Iraqis for US corporations. 2. Prosthetic Hands: Production of low cost mechanical hands for disabled people who lost part of their hand or arm using 3D Printing technology. 3. Startups Incubator: For university graduates. Starting with AlMansour University College. The incubator supports graduates entrepreneurs from the point of choosing a project to do until they reach sustainable profitable operation. RiTS & Entrepreneurship: It is becoming increasingly certain that the public sector is no longer capable of running the bulk of economic activities in Iraq. Also thanks to corruption no investment capital is coming into the country while all wealth created by the few through corruption is leaving the country searching for safer countries. This leaves us with unbelievable high levels of unemployment. The solution in RiTS's opinion is through intensive entrepreneurship and depending on the know-how, access to technology and wealth of Iraqis outside Iraq to help produce profitable startups by the young Iraqi youth. RiTS has many plans to rejuvenate the Iraqi economy with entrepreneurship.

Employees by Management Level

Total employees: 51-100

Seniority

Employees

Entry
Manager
Intern

Employees by Department

RiTS has 35 employees across 6 departments.

Departments

Number of employees

Funding Data

RiTS has never raised funding before.

Frequently asked questions

RiTS is located in IQ.
You can reach RiTS at +9647901934353.
RiTS generates an estimated annual revenue of $7,956,615. This revenue figure reflects the company's market position and business performance in its industry.
RiTS has an estimated valuation of $25,500,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.
RiTS was founded in 2004, making it 22 years old. The company has established itself as a significant player in its industry over this time.
RiTS has approximately 51-100 employees. The company continues to grow its workforce to support its business operations and expansion.

4.8

40,000 users

top 50
high performer
most used
tier 1 accuracy

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