Chennai-based digital engineering and gaming solutions provider, Indium Software, helps organisations with its capabilities spanning application engineering, low-code, data & analytics, DevOps, cloud engineering, digital assurance and gaming. The company is establishing a strong global footprint and developing new platforms. Indium’s co-founder & CEO Ram Sukumar shares with Telangana today company’s future plans for Hyderabad as well as global markets.
We have nearly 2,000 associates in India. Apart from operating out of client sites in North America, Europe, and APAC, we are present in Hyderabad, Chennai, Bengaluru and Mumbai. Around 10 per cent of our revenues are from pan-India operations. Globally, we are looking at acquisition opportunities in North America. We will be targeting companies in the $10-15 million range with a strong US footprint and niche capabilities that augment our service offerings.
In Hyderabad, we currently have over 100 associates. Hyderabad as a future delivery centre is certainly on our roadmap. We plan to expand from our current strength of over 100 associates to 500 in the next two years in the city.
In the past, Indium used to be a vertical-centric business. But having observed that verticals face similar technical challenges while moving into the digital arena, we repositioned ourselves as a vertical-agnostic digital engineering player. Now, we cater to a larger opportunity in the market and have not restricted ourselves to select verticals.
Modern business requires agility to deliver value to the end customers with digital transformation. The only way for organisations to stay ahead of the curve is to perennially innovate with digital technologies. Over the past decade, Indium has built strong relationships with over 100 clients-spanning ISVs, Global 2000, and born-digital companies across North America, India, Europe, and the Asia-Pacific region as well as with ecosystem partners such as AWS, Mendix, Striim, and Denodo.
We have seen significant growth in our low-code practice. The primary contributor to this growth is digital transformation. Unlike the past, where tech teams were driving IT projects, digital transformation initiatives are primarily driven by business teams. With a drag & drop interface and with minimal support from IT, business teams can create enterprise-grade apps. We have helped create over 60 such apps in the past five years using Mendix, our low-code partner. And we have more than 150 certified engineers who work on a variety of low-code projects. While low-code has just started catching on in the market, we have a great head-start here and we want to capitalise on that.
There’s a huge explosion of games across mobile games, PC games, console games, streaming games, and new areas are emerging in AR/VR. So, we see opportunities across the spectrum. Our strength lies in the mobile space, and we are investing quite a bit in the console games area as well, in Sony, Xbox, and Nintendo, and looking to enhance that offering to our clients globally.
Apart from low-code, Indium has made a significant investment in two IPs – teX.ai (AI-based Text analytics service) and uphoriX (Smart Test Automation Platform). AI-based Text analytics has many possible use cases. Using teX.ai, we were able to service verticals that were not even on our radar – from oil & gas to real estate firms, all of which we were able to deliver successfully. uphoriX is our Smart Test Automation Platform, totally upgraded for digital projects. uphoriX is a key aspect of our digital assurance services.
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