21 IT services & software companies in Manama ranked by 1-year headcount growth. The top 10 are free below, each with a short data note. The full ranked list of 21 is a CSV + Excel download.
Edition October 2026 · updated 2026-10-09 · source: licensed B2B firmographic and technographic data
Key numbers
- Median 1-year headcount growth: 11.7% across 21 companies (range 1.2% to 50.0%). 0 of 21 at least doubled their headcount.
- Size mix: 10–19 employees: 5, 20–49 employees: 6, 50–99 employees: 3, 100–249 employees: 4, 250–499 employees: 3. The most common band is 20–49 (29%).
- Main sub-industries: Custom Software & IT Services (16), Financial Software (2), Enterprise Resource Planning (ERP) Software (1).
- Largest company on the list: Ultimate Solutions (250–499 employees, 50.0% growth). 11 of 21 have fewer than 50 employees.
- Versus the whole October 2026 dataset (3246 companies), this page's median is lower: 11.7% vs 22.1%.
- Same sector by city (median growth): Riyadh 42.9% (n=51), Abu Dhabi 17.6% (n=50), Doha 18.8% (n=50), Dubai 50.9% (n=50), Jeddah 14.2% (n=41), Kuwait City 14.0% (n=33), Manama 11.7% (n=21), Muscat 17.0% (n=19), Sharjah 15.7% (n=14), Dammam 16.9% (n=13).
- Same location by sector (median growth): real estate 12.5% (n=5), IT services & software 11.7% (n=21), education & training 11.5% (n=11), construction 10.9% (n=19), retail & e-commerce 10.8% (n=38), manufacturing 9.1% (n=14), professional services 7.7% (n=20), hospitality & restaurant 5.8% (n=15).
Top 10 by headcount growth
| # | Company | Industry | Size band | 1-yr growth |
|---|---|---|---|---|
| 1 | Ultimate Solutions | Enterprise Resource Planning (ERP) Software | 250–499 | 50.0% |
| 2 | Batec | Custom Software & IT Services | 20–49 | 36.3% |
| 3 | Openinside | Custom Software & IT Services | 20–49 | 23.5% |
| 4 | Nexcel | Custom Software & IT Services | 20–49 | 22.5% |
| 5 | Advanced Financial Solutions | Financial Software | 20–49 | 20.7% |
| 6 | Unidata | Custom Software & IT Services | 20–49 | 14.2% |
| 7 | Key Information Technology | Custom Software & IT Services | 10–19 | 14.2% |
| 8 | Spatial Technology Solutions | Supply Chain Management (SCM) Software | 10–19 | 14.2% |
| 9 | FutureWave Technologies | Custom Software & IT Services | 20–49 | 13.3% |
| 10 | INTELLIGENT SERVICES | Custom Software & IT Services | 50–99 | 12.5% |
| + 11 more companies, ranked 11–21, in the full list | ||||
#1 Ultimate Solutions
Headcount grew 50.0% in 12 months, 4.3× this ranking's median of 11.7%, #1 of 3 companies here in the 250–499-employee band. Based in Manama, Bahrain; primary sub-industry: Enterprise Resource Planning (ERP) Software; revenue band $10M-$25M.
#2 Batec
Headcount grew 36.3% in 12 months, 3.1× this ranking's median of 11.7%, #1 of 6 companies here in the 20–49-employee band. Based in Manama, Bahrain; primary sub-industry: Custom Software & IT Services; revenue band $1M-$5M.
#3 Openinside
Headcount grew 23.5% in 12 months, 2.0× this ranking's median of 11.7%, #2 of 6 companies here in the 20–49-employee band. Based in Manama, Bahrain; primary sub-industry: Custom Software & IT Services; revenue band $1M-$5M.
#4 Nexcel
Headcount grew 22.5% in 12 months, 1.9× this ranking's median of 11.7%, #3 of 6 companies here in the 20–49-employee band. Based in Manama, Bahrain; primary sub-industry: Custom Software & IT Services; revenue band $5M-$10M.
#5 Advanced Financial Solutions
Headcount grew 20.7% in 12 months, 1.8× this ranking's median of 11.7%, #4 of 6 companies here in the 20–49-employee band. Based in Manama, Bahrain; primary sub-industry: Financial Software; revenue band $1M-$5M.
#6 Unidata
Headcount grew 14.2% in 12 months, 1.2× this ranking's median of 11.7%, #5 of 6 companies here in the 20–49-employee band. Based in Manama, Bahrain; primary sub-industry: Custom Software & IT Services; revenue band $10M-$25M.
#7 Key Information Technology
Headcount grew 14.2% in 12 months, 1.2× this ranking's median of 11.7%, #1 of 5 companies here in the 10–19-employee band. Based in Manama, Bahrain; primary sub-industry: Custom Software & IT Services; revenue band $1M-$5M.
#8 Spatial Technology Solutions
Headcount grew 14.2% in 12 months, 1.2× this ranking's median of 11.7%, #2 of 5 companies here in the 10–19-employee band. Based in Manama, Bahrain; primary sub-industry: Supply Chain Management (SCM) Software; revenue band $1M-$5M.
#9 FutureWave Technologies
Headcount grew 13.3% in 12 months, 1.1× this ranking's median of 11.7%, #6 of 6 companies here in the 20–49-employee band. Based in Manama, Bahrain; primary sub-industry: Custom Software & IT Services; revenue band $1M-$5M.
#10 INTELLIGENT SERVICES
Headcount grew 12.5% in 12 months, 1.1× this ranking's median of 11.7%, #1 of 3 companies here in the 50–99-employee band. Based in Manama, Bahrain; primary sub-industry: Custom Software & IT Services; revenue band $5M-$10M.
Get the full list
CSV + Excel + PDF with every company on this page (name, website, city, industry and sub-industry, size band, employee count, growth and a careers-page search link). Secure card checkout; the files arrive by email within a few hours. One-time $7, 14-day refund.
Want every sector in Manama? The all-sectors list for Manama is $29.
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Methodology
Source: licensed B2B firmographic and technographic data, pulled 9 Oct 2026; page updated 2026-10-09. Scope: companies headquartered in the city with 10–500 employees and at least 10 data profiles; the top 50 by 1-year headcount growth per industry, after removing likely local branches of foreign or 1,000+ staff groups; companies with zero or negative growth are left out. Growth is the modelled change in the company's own employee count over the last 12 months; values above 200% are labelled estimated because they come from small headcounts. Location is the company's headquarters city; firms headquartered elsewhere with large local offices are not included, and likely local branches of foreign or 1,000+ staff groups were removed by a name/website rule that can miss some branches. Some companies are local branches of larger groups; the size band is for the local entity. Figures move between monthly editions. Company-level data only: no personal names, emails or phone numbers.
We publish a ranking only when at least 15 companies qualify, and skip a page when its top 10 would repeat another page.
FAQ
- Which IT services & software company in Manama grew fastest this year?
- In the October 2026 edition, Ultimate Solutions ranks first with 50.0% 1-year headcount growth, followed by Batec (36.3%) and Openinside (23.5%).
- How fast are IT services & software SMBs in Manama growing?
- The median company on this list grew headcount by 11.7% in 12 months. This is a list of fast growers, not a sector average.
- What does "growth" mean here?
- The change in the company's own employee count over the last 12 months, modelled from licensed B2B firmographic data. It is not revenue growth and not a count of open vacancies.
- Why do some figures say "estimated"?
- Growth above 200% usually comes from a small starting headcount, so a few hires move the percentage a lot. We keep these companies but label the figure.
- What is in the paid list?
- All 21 companies on this page with website, city, industry, size band and growth, as CSV and Excel. Company-level only: no personal contact details.
- How often is this updated?
- Monthly. Each edition is dated; this one is October 2026.