ITAC was founded in 2008 by a small group of professional managers and consultants with a shared vision to transform the value of professional services through the use of enabling technologies. Their vision was to build intelligent software tools based on analytical frameworks, deductive reasoning, and mathematical models to provide a level of analysis and insight normally available only from specialist professional advisors.

The first product developed by the company addresses the relationship between IT and the business including its alignment with business objectives, and its ability to support them. Many organisations suffer from a real, or perceived, 'gap' between business and IT at both management and end-user levels. This can impact severely on operational performance.
it-e-rate is a new technology that analyses and quantifies mis-alignment, and the scale of improvement opportunities in any commercial or public sector enterprise.