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Porto-born Tech Group Takes Flight as Conkord, with 600 Employees Across 5 Countries

A decade after its founding by 25 former PT executives, a group of Porto-based tech companies — Readiness IT, Ritain.io, Latitudde, and Red IT — has merged into a new international player: Conkord.

Born out of the post-Altice restructuring of PT Portugal, the group has grown steadily, reaching €25 million in turnover and employing 600 people across Portugal, Chile, Peru, Spain, and the Netherlands. Now unified under the Conkord banner, the company aims to accelerate global growth while keeping strong roots in Portugal.

In 2025, Conkord plans to hire 75 more professionals — 50 in Portugal and 25 internationally — further strengthening operations in Porto, Lisbon, and Fundão. The goal: to become a true “tech giant” with Portuguese DNA and international reach.