Croatia’s Infobip Continues to Impress at EY Entrepreneur of the Year

Lauren Simmonds

Croatian companies are becoming all the more successful in spite of the red tape the state often places in their way. Uhljebs (click here) survive like bacteria under a toilet seat within Croatia’s many draconian laws which are no friend to the entrepreneur or the investor, much less the Croatian company. The beast, also known as the Croatian bureaucratic machine, is a difficult one to conquer, but while many try and fail, some succeed. The tale of the Croatian company Infobip is one such inspiring success story.

As Novac writes on the 9th of June, 2019, Silvio Kutić is the founder of the wildly successful Croatian technology giant Infobip.

What has Silvio, and thus Infobip, accomplished?

Vodnjan’s Infobip was recently declared the best A2P (application-to-person) service in the world. This is the third year that this company has been ranked number one by mobile operators’ ratings, but for the first time, Enterprise research was launched, where leading global companies from different industrial sectors rated A2P service providers, and this company from Croatia ranked first.

Why is this so important?

Infobip is so impressive because of its continuity and the confidence it has managed to instill in disillusioned people that have written off their country and the chance of the progression of their professional lives within it, which is a move that has been made by many, this company has proved that top projects and the creation of top-ranking, globally relevant companies can be done here in Croatia. Infobip is not the only one to have set such a shining example, but alongside Rimac Automobili, which has recently announced an expansion of their plant near Sveta Nedelja near Zagreb.

How does Infobip work?

After a series of attempts, Kutić decided to develop technology solutions for business customers, and back in 2006, along with his brother Robert and partner Izabela Jelenić, he founded Infobip, a world-class ICT company with sixty offices across six continents, and successfully competing with all of the competition from within the same field, of which there’s no shortage. The company’s services were used by a massive 4.7 billion people just last year alone, and their global customers include Uber, Facebook and WhatsApp. The number of employees has long since surpassed the 1,000 mark, are scattered around the world, and Infobip’s revenue is measured in millions of dollars.

What will Infobip do in the future?

Infobip is continuing to reinvest what they earn. The money goes back into research and development, the improvement of cloud infrastructure, the strengthening of their centres and the overall quality of the services they provide. Infobip’s main intention is to remain on top and develop more technology. The Vodnjan-based campus, which has long since called the “Croatian Google”, is a clear sign that they have every intention to do it all from right here in Croatia.

Make sure to follow our dedicated business and Made in Croatia pages for much more.

 

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