PIT Solutions is an investor in Comprehensive Information Security Switzerland (CISS). This is intended to significantly support CISS in the development of 360inControl. The startup CISS from Biel-Benken (BL), Switzerland, founded in 2016, uses the software 360inControl to develop an internal control solution (ICS) to support companies in the “centralization and digitization of cybersecurity, governance, risk and compliance processes”. Last year, CISS won the “Solution Award 2019” from the CISO alliance in Germany with 360inControl.
A Strategic Investment by PIT Solutions
PIT Solutions is Digital Services Agency with main offices in Switzerland and India as well as subsidiaries in the USA and Middle East(Dubai). PIT Solutions is in business since 2000 and has around 400 in house skilled resources that possess the right mix of technical competence and industry experience to understand client needs and provide them the right solutions. PIT Solutions has partnerships with leading technology companies like Microsoft, Adobe, SAP, Contentful, Odoo and TYPO3. In addition, PIT Solutions is ISO 9001 and ISO 27001 certified as well as an ISTQB Silver Partner. PIT Solutions core focus is to implement digitalization projects for small, medium companies (SMEs) with a specific focus in development of complex web/mobile applications and ecommerce shops.
The engagement of PIT Solutions would ensure that existing and future customer requirements would be implemented. This could open up new market segments in which PIT Solutions has branches. PIT Solutions acknowledges the great potential of 360inControl and has therefore acquired shares of CISS GmbH.
Thomaskutty Sebastian, Chief Strategy Officer & Partner, PIT Solutions said “After completing 20 years in service business, we have decided to diversify our operations into product business as well. As a strategic decision, we have decided to invest in promising European startups and small medium businesses.”
Investing in CISS is the first step towards this initiative. The integrated Internal Control Solution (ICS), 360inControl® offered by CISS GmbH is aiming to become companies’ first choice for centralizing and digitizing Cybersecurity, Governance, Risk and Compliance processes. For tech companies, implementing such a solution internally will help them to gain confidence of their existing and future clients “.