18th DigiTech Company Profile
Background
Established in 2010, 18th DigiTech is an ISO 9001:2015 certified company specializing in comprehensive eCommerce solutions. As an Adobe Gold Solution Partner, the company focuses on delivering end-to-end digital commerce services, including eCommerce development, digital marketing, and mobile app development. With a mission to empower businesses in achieving their online objectives, 18th DigiTech has built a reputation for excellence in the digital landscape.
Key Strategic Focus
18th DigiTech's strategic focus centers on enhancing conversion rates for eCommerce clients by developing feature-rich storefronts. The company specializes in both B2B and B2C eCommerce platforms, leveraging cutting-edge technologies and dedicated certified developers to deliver customized solutions. Their expertise spans various industries, including fashion and apparel, childcare products, automotive, footwear, cosmetics, manufacturing, and lifestyle sectors.
Financials and Funding
As of the financial year ending March 31, 2023, 18th DigiTech reported a revenue increase of 8.98% and a net worth growth of 51.95%. The company maintains a debt-to-equity ratio of 0.40 and a current ratio of 2.16, indicating a stable financial position.
Technological Platform and Innovation
18th DigiTech distinguishes itself through its technological prowess and innovative methodologies:
- Proprietary Technologies: The company is a certified Magento solution partner, offering tailored strategies to meet specific business needs.
- Scientific Methods: Utilizing advanced integration features, 18th DigiTech develops native apps that enhance customer experience and engagement.
Leadership Team
The leadership team at 18th DigiTech comprises experienced professionals dedicated to driving the company's success:
- Abhishek Mathur: Serving as Director since June 24, 2019, Abhishek brings extensive experience in the digital commerce sector.
- Tarun Jain: Appointed as Director on June 24, 2019, Tarun contributes significantly to the company's strategic initiatives.
Competitor Profile
Market Insights and Dynamics
The eCommerce development industry is experiencing rapid growth, driven by increasing digitalization and consumer demand for online shopping experiences. Companies specializing in eCommerce solutions are focusing on innovation and customer-centric approaches to gain a competitive edge.
Competitor Analysis
Key competitors in the eCommerce development sector include:
- Infosys: A global leader in consulting and IT services, offering comprehensive eCommerce solutions.
- Tata Consultancy Services (TCS): Provides end-to-end IT services, including eCommerce platform development.
- Wipro: Offers a range of IT services with a focus on digital transformation and eCommerce solutions.
These companies have established themselves as significant players in the industry, offering a wide range of services and solutions to clients worldwide.
Strategic Collaborations and Partnerships
18th DigiTech has formed strategic partnerships to enhance its service offerings:
- Adobe Gold Solution Partner: This partnership enables the company to deliver advanced eCommerce solutions using Adobe's suite of tools.
- BigCommerce Partner: As a certified partner, 18th DigiTech offers customized online stores and app development services on the BigCommerce platform.
Operational Insights
18th DigiTech's strategic considerations include:
- Market Position: Leveraging partnerships with leading platforms like Adobe and BigCommerce to offer comprehensive eCommerce solutions.
- Competitive Advantages: A dedicated team of certified developers and a focus on customized solutions tailored to client needs.
Strategic Opportunities and Future Directions
Looking ahead, 18th DigiTech aims to:
- Expand Service Offerings: Introduce new services and technologies to meet evolving client demands.
- Strengthen Partnerships: Deepen existing collaborations and explore new alliances to enhance capabilities.
- Global Expansion: Extend its market reach to serve a broader international clientele.
Contact Information
- Website: 18th DigiTech
- LinkedIn: 18th DigiTech on LinkedIn
- Facebook: 18th DigiTech on Facebook
- Twitter: 18th DigiTech on Twitter
For further inquiries, please visit the company's official website or social media profiles.
