Akcelita Company Profile

Background

Company Overview

Founded in 2014, Akcelita is a technology consultancy specializing in the development of bespoke, cloud-first software solutions aimed at accelerating digital transformations across various industries. The company's mission is to provide tailored digital solutions that evolve with clients' needs, ensuring flexibility, efficiency, and adaptability in every project. Akcelita emphasizes an Agile-first mindset, integrating security and compliance by design, and building scalable solutions.

Industry Significance

Akcelita has made notable contributions to sectors such as Financial Services, Grocery Retail, and Healthcare by delivering custom software solutions that optimize processes and enhance customer experiences. The company's innovative approach has earned it recognition, including innovation awards in both Puerto Rico and the U.S., and the attainment of five patents.

Key Strategic Focus

Core Objectives

Akcelita's strategic focus centers on accelerating the delivery of custom, world-class solutions using Agile methodologies to ensure flexibility and efficiency. The company aims to be more than just a service provider by acting as a strategic technology partner to its clients.

Areas of Specialization

The company specializes in creating cloud-based bespoke software solutions for the Financial Services, Grocery Retail, and Healthcare industries. Akcelita partners with clients throughout the development process, offering advice and support beyond software development, including digitalization strategies and product support.

Key Technologies Utilized

Akcelita employs a robust tech stack that includes commonly adopted languages and frameworks such as C#, Python, React, and React Native. The company is cloud-agnostic, capable of deploying solutions in AWS, Azure, Google Cloud, or Oracle Cloud, depending on client infrastructure needs. On the analytics side, Akcelita implements code in Python, SAS, and R, and visualizes data using tools like Quicksight or Power BI.

Primary Markets Targeted

Akcelita targets industries such as Financial Services, Grocery Retail, and Healthcare, providing tailored digital solutions that address specific challenges within these sectors.

Financials and Funding

Funding History

As of the latest available information, Akcelita's estimated annual revenue is approximately $1 million, with an estimated revenue per employee of $87,000. The company has approximately 12 employees and has experienced a 9% growth in employee count over the past year.

Notable Investors

Specific details regarding Akcelita's investors are not publicly disclosed.

Utilization of Capital

The company focuses on reinvesting its revenue into research and development, enhancing its technological capabilities, and expanding its service offerings to better serve its clients.

Pipeline Development

Key Projects

Akcelita has developed several key projects, including:

Digital Procurement System: Developed in conjunction with a consulting partner, this system digitally manages the procurement process for a large local government in the U.S.

Loan Origination Workflow: An end-to-end workflow to digitally manage the origination process (lead, KYC, underwriting, legal) for retail and commercial segments, improving productivity and sales.

Human Resources Management Platform: A platform to manage all HR requests for a large public utility company, streamlining HR processes and capacity optimization.

Fleet Management Workflow: A bespoke solution that allows a government agency to comply with current laws while optimizing and streamlining all fleet management processes.

Step App: An end-to-end digital solution for Medicare Advantage plans in the U.S.

Fast Food Restaurant App: A suite of cloud-based native apps that streamline the ordering, scheduling, preparing, and delivering of fast food products.

Timelines for Milestones

Specific timelines for these projects are not publicly disclosed.

Technological Platform and Innovation

Proprietary Technologies

Akcelita has developed proprietary technologies such as:

Shelf-OS: A 3D computer vision sensing platform that identifies when products are running out of stock on supermarket shelves.

VirtualQ: An integrated ticketing and customer satisfaction system that uses QR codes or SMS to manage multiple queues in a retail store setting.

Artificial Sensing: An integrated journey analytics platform that accurately captures and processes customer behavior patterns in designated areas of interest.

Significant Scientific Methods

The company implements code in Python, SAS, and R, and is proficient in computer vision, statistical analysis, and machine learning. Data visualization is achieved using tools like Quicksight or Power BI.

Leadership Team

René Yamín, Ph.D. – Founder & CEO

René possesses over 25 years of experience in management consulting, technology, and process improvement. Formerly at McKinsey & Company and V2A Consulting, he founded Akcelita in 2014 to develop digital tools that optimize processes across industries. René has a BS in Civil Engineering from UCAB, and an MSCE, MBA, and PhD from Purdue University.

Giovany Vega – Technical Lead

With over 20 years in software development, Giovany has led full-stack development efforts at Akcelita since 2016. He has delivered advanced banking platforms, solutions using computer vision and machine learning, and statistical algorithms. Giovany holds three patents and earned a BS in Computer Science and an MS in Applied Math from UPR Río Piedras.

Brian Oroño – Senior Software Developer

Brian is a full-stack developer with over six years of experience. He is an expert in .NET Core, ASP.NET MVC, PHP, and relational databases like SQL Server and MySQL. Brian is also skilled in frontend technologies like React Native, HTML, CSS, jQuery, Knockout JS, and Bootstrap. He has worked across industries and has also taught programming.

Jammy Vélez – Senior Software Engineer

Jammy has been with Akcelita since 2015, leading and contributing to multiple projects across industries. He specializes in database management, frontend technologies, and HIPAA-compliant systems in Puerto Rico and the U.S. Jammy holds a BS in Computer Engineering from UPR Mayagüez.

Leadership Changes

As of the latest available information, there have been no recent significant changes or appointments within Akcelita's leadership team.

Competitor Profile

Market Insights and Dynamics

Akcelita operates in the IT services and consulting industry, focusing on bespoke digital solutions for sectors such as Financial Services, Grocery Retail, and Healthcare. The market is characterized by a growing demand for customized software solutions that address specific business challenges and enhance operational efficiency.

Competitor Analysis

Key competitors include:

Mindset Consulting: Specializes in customizing and optimizing SAP tools.

Maxeye Technologies: Provides test and measurement solutions for automotive infotainment, ADAS, IoT devices testing, and ATE development.

Spectrum Computer & Management Consultancy: Offers software services.

Inamika: Provides software products and computer services.

Strategic Collaborations and Partnerships

Akcelita has collaborated with Neurolabs to improve image recognition capabilities for their Consumer Packaged Goods (CPG) clients. By leveraging Neurolabs' synthetic data approach, Akcelita was able to develop robust computer vision models that detect CPG products efficiently, enhancing their Out-of-Shelf and Planogram Compliance solutions.

Operational Insights

Akcelita's strategic considerations include:

Agile Methodology: Ensuring flexibility and efficiency in project execution.

Security and Compliance: Integrating security early in the development process with continuous testing and improvements, following the highest standards as the company undergoes SOC2 Type II Certification.