Aktiv Software - Comprehensive Analysis Report

Summary

Aktiv Software, established in 2015 and based in Ahmedabad, India, is a leading IT solution provider specializing in strategic consulting, development, and implementation of Enterprise Resource Planning (ERP) and e-commerce solutions. Their core mission is to empower clients and communities with cutting-edge technology to solve complex problems and provide a suite of user-friendly, integrated, and scalable business applications. Aktiv Software envisions a future where businesses leverage digital transformation to create breakthrough opportunities and foster growth. The company emphasizes a human-centric approach to digitalization, aiming to reduce manual governance, amplify human functions, and enable innovation, decision-making, and long-term strategic forecasting for businesses worldwide.

1. Strategic Focus & Objectives

Core Objectives

Empower Clients with Leading-Edge Solutions: Deliver easy-to-use, intuitive, full-featured, tightly integrated, and effortlessly upgradeable business applications.

Drive Digital Transformation: Focus on making digitalization more human by reducing governance and empowering individuals for fundamental improvements.

Support Business Growth: Help businesses create breakthrough opportunities and build a future where everyone can thrive.

Optimize ERP Functions and E-commerce Stores: Enhance efficiency and agility in business operations through specialized solutions.

Specialization Areas

Odoo ERP Implementation: Providing end-to-end services including consulting, development, customization, migration, integration, training, and support for Odoo.

E-commerce Platform Expertise: Offering services for Magento and other e-commerce platforms.

Microsoft Dynamics 365 Services: Specializing in ERP and CRM applications using Microsoft Dynamics 365.

Custom Application Development: Developing custom Odoo apps to meet specific client needs.

Target Markets

Aktiv Software caters to a diverse range of industries globally, including:

Manufacturing

Retail

Accounting

Automobile

E-commerce

Hotel and Food Processing

They serve clients across more than 40 countries.

2. Financial Overview

Funding History

Aktiv Software Private Limited was incorporated on September 29, 2016, in Gujarat, India, as an unlisted private company.

Authorized Share Capital: INR 1.00 lac

Total Paid-Up Capital: INR 1.00 lac

Operating Revenue (FY ending March 31, 2023): INR 1 crore - 100 crore

EBITDA (FY ending March 31, 2023): Decreased by 26.0% over the previous year.

Book Net Worth (FY ending March 31, 2023): Increased by 35.23%.

The last reported Annual General Meeting (AGM) was held on September 30, 2024. Specific details on external funding rounds, key investors, or fund utilization have not been publicly detailed.

3. Product Pipeline

Key Products/Services

Aktiv Software provides a comprehensive suite of IT services and solutions focused on ERP and e-commerce platforms:

Odoo ERP Services:

Odoo Consulting: Strategic advice for Odoo implementation.

Odoo Development and Customization: Tailoring Odoo to specific business processes, including over 130 custom Odoo apps already developed.

Odoo Migration: Upgrading to newer Odoo versions (expertise in Odoo versions 12, 13, and 14).

Odoo Integration: Connecting Odoo with third-party applications.

Odoo Training and Support: Ensuring smooth user adoption and continuous operational efficiency.

Magento E-commerce Services: Development, customization, and support for Magento and other e-commerce platforms.

Microsoft Dynamics 365 Services: Implementation and customization for ERP and CRM applications.

4. Technology & Innovation

Technology Stack

Core Platforms: Odoo ERP (versions 12, 13, 14), Magento E-commerce, Microsoft Dynamics 365 (ERP & CRM).

Proprietary Developments: Over 130 custom Odoo applications developed in-house to extend Odoo's functionalities and cater to unique client requirements.

Scientific Methodologies: The company’s approach to innovation involves continuous observation of the target market, brainstorming ideas with various stakeholders, and developing new solutions that provide tangible benefits to the community and clients.

5. Leadership & Management

Executive Team

Alkesh Soneji: CEO and General Manager - Sales & Marketing. Co-founder in 2015.

Devang Mehta: Director of Operations. Co-founder in 2015.

Jainesh Shah: Director of Technology.

Kalpesh Maheshwari: Director of Sales.

Alpesh Savalia: Delivery Head.

Vaibhavi Choksi: Human Resource Manager.

Juhi Upadhyay: Odoo Team Lead.

Burhan Vakharia: Functional Consultant - Odoo.

Arpit Sheth: Business Head.

6. Talent and Growth Indicators

Hiring Trends and Workforce

Aktiv Software has experienced significant growth since its founding in 2015 with 6 members. The company now boasts:

A team of over 100 members in India.

A total of more than 140 tech professionals globally.

Delivered over 2000 projects.

Served more than 400 clients across over 40 countries and 20+ industries.

The company is recognized as a "Great Place to Work-Certified™" organization, indicating a positive employee sentiment and culture, excelling in areas such as credibility, respect, fairness, pride, and camaraderie. Aktiv Software supports remote work and has a global footprint with presences in Belgium, Germany, Spain, India, Luxembourg, United States, and Netherlands.

7. Social Media Presence and Engagement

Digital Footprint

Aktiv Software maintains an active and informative presence across major social media platforms, including:

Twitter

Facebook

Instagram

They utilize these channels to share industry insights, updates on Odoo implementation services, company achievements, and engage with their community, serving as a platform for potential clients to explore their capabilities.

8. Recognition and Awards

Industry Recognition

Great Place to Work-Certified™: Acknowledged for fostering a positive and supportive work environment.

The Manifest's Most Reviewed IT Providers: Recognized in 2022 as one of the most reviewed IT Providers in Ahmedabad, a testament to positive client feedback.

Clutch Top-Rated ERP Consulting Firm: Listed as a top-rated ERP consulting firm, indicating strong client satisfaction and project delivery expertise.

9. Competitive Analysis

Major Competitors

Aktiv Software operates in a competitive landscape, particularly within the ERP implementation and e-commerce solutions sectors.

Broader E-commerce Operation Management Software: Companies like Olist, Mirakl, and Marketplacer offer solutions for managing e-commerce operations.

Odoo Ecosystem: Numerous other Odoo partners and consulting firms globally provide similar services for Odoo ERP implementation, customization, and support. These firms compete directly in offering specialized Odoo expertise.

10. Market Analysis

Market Overview

The market for ERP and e-commerce solutions is experiencing robust growth, driven by the increasing need for digital transformation across businesses worldwide. Key dynamics include:

Digital Transformation Demand: Businesses are actively seeking solutions to streamline operations, enhance efficiency, and reduce costs.

Cost Efficiency of Integrated Systems: Integrated ERP systems are favored for their ability to achieve a 21% lower total cost of ownership compared to siloed systems.

Flexibility of Open-Source Solutions: There is a growing demand for open-source and customizable platforms like Odoo, which offer flexibility and help mitigate the average 30% price increases often associated with proprietary software over three years.

Expertise in Customization and Integration: A strong demand exists for specialized expertise in Odoo customization, migration, and third-party integrations across various industries, including manufacturing, retail, and wholesale distribution.

11. Strategic Partnerships

Aktiv Software actively fosters strategic collaborations to enhance its service offerings and market reach:

Official Odoo Ready Partner (USA): This partnership signifies a strong collaboration with Odoo, enabling Aktiv Software to deliver comprehensive end-to-end Odoo services and reinforces its expertise within the Odoo ecosystem.

12. Operational Insights

Aktiv Software's operational strategy is anchored in a "human-centric" approach to digital transformation.

Client-Oriented Methodology: The company aims to bridge the gap between technology and the workforce, ensuring smooth adoption and maximized Return on Investment (ROI) for clients through seamless experiences and easy interactions.

Structured Work Process: A four-step process—Consult, Design, Develop, and Deploy—is employed to ensure project alignment with business requirements and effective delivery, maintaining high code quality standards.

Post-Implementation Support: The company offers full-service technology and Annual Maintenance Contract (AMC) support for sustained operational efficiency post-implementation.

Competitive Advantages: Their deep specialization in Odoo, certified consultants, and a high volume of successful project deliveries distinguish them in the market.

13. Future Outlook

Strategic Roadmap

Aktiv Software is committed to sustained growth and expanding its impact on global businesses. Their future strategic roadmap includes:

Continued Odoo Focus: Helping businesses build, optimize, and scale operations primarily with Odoo.

Efficiency and Global Expansion: Emphasizing reduction of manual tasks and overcoming challenges of diverse regulatory requirements to facilitate global business expansion.

Module Implementation: Implementing additional Odoo modules to address evolving and growing business needs.

Modern ERP Software Implementation: A continued focus on modern ERP strategies, involving clear objectives, data consolidation, phased rollouts, end-user empowerment, and continuous review.

Community Engagement: Active participation in the Odoo community, including events like Odoo Community Days India, to stay abreast of and contribute to platform advancements.