Avco Consulting, Inc. Market Research Report

Background

Company Overview

Founded in 1999, Avco Consulting, Inc. is a full-service IT consulting firm headquartered in Worcester, Massachusetts. The company specializes in providing IT consulting, offshore software development, custom software development, offshore outsourcing, and web application development services to a global clientele. Avco Consulting is a certified Minority Business Enterprise (MBE) in the United States.

Mission and Vision

Avco Consulting's mission is to help growing companies leverage technology to be more competitive by delivering industry expertise, technical know-how, and innovation to start-ups, small businesses, the middle market, and Fortune 500 companies. The company's vision is to maximize customer business value by offering world-class IT consulting, system integration, and solution development services powered by innovation and efficiency.

Industry Significance

With over two decades of experience, Avco Consulting has established itself as a significant player in the IT consulting industry, serving clients across various sectors, including financial services, e-commerce, healthcare, telecom, retail, and media.

Key Strategic Focus

Core Objectives

Avco Consulting aims to assist businesses in leveraging emerging technologies to enhance competitiveness. The company focuses on delivering industry expertise, technical know-how, and innovative solutions tailored to the unique needs of each client.

Areas of Specialization

The company's primary areas of specialization include:

Systems and Software Development Life Cycle (SDLC): Offering end-to-end services from idea to implementation, including front-end and back-end development, database and infrastructure management, AI/ML-driven analytics, and Agile, CI/CD, and DevOps practices.

Cloud Services: Providing tailored cloud solutions encompassing development and transformation, migration and modernization, and integration and implementation.

Cyber Security: Building organizational cyber resilience through services such as architecture risk analysis, threat modeling, application profiling and risk classification, static and dynamic application security testing, penetration testing, DevSecOps, vulnerability management, cloud security, and security champions programs.

Data Science: Facilitating data integration, warehousing, big data management, data science, and self-service business intelligence to help clients maximize the value of their data.

Key Technologies Utilized

Avco Consulting employs a range of advanced technologies, including:

Crazy Egg: For analytics.

jsDelivr: As a content delivery network.

jQuery and Bootstrap: For front-end development.

Webpack: For module bundling.

Cloudflare Bot Management: For security.

Primary Markets Targeted

Avco Consulting serves a diverse range of industries, including:

Healthcare, Pharma & Life Sciences: Clients include Bayer, CVS, and Eli Lilly.

Information Technology: Clients include Cisco, Apple, and EMC.

Banking and Finance: Clients include American Express, State Street, and Aetna.

Telecom: Clients include AT&T, Verizon, and US Cellular.

Insurance: Clients include Aetna, United Healthcare, and StateFarm.

Education: Clients include University of Phoenix, Arizona State University, and George Washington University.

Retail: Clients include Target, Walmart, and P&G.

Government: Clients include State Governments of New York and Michigan.

Financials and Funding

Revenue

Estimates of Avco Consulting's annual revenue vary:

Approximately $114.1 million.

Between $100 million and $1 billion.

Approximately $43.1 million.

Funding History

Specific details regarding Avco Consulting's funding history are not publicly disclosed.

Pipeline Development

As a consulting firm, Avco Consulting's pipeline development focuses on expanding service offerings and client engagements across its areas of specialization. The company has successfully executed projects such as:

Pharmaceutical Data & Analytics: Developed a central reporting platform on Amazon Redshift, enabling automated data entry and faster insight delivery.

Financial Cloud Migration: Migrated a client's classic code base into Lightning Experience, improving user productivity and customer engagement.

Healthcare Cloud: Modernized and developed Azure cloud-native applications with microservice architecture, enhancing app performance and security.

Technological Platform and Innovation

Proprietary Technologies

While specific proprietary technologies are not publicly disclosed, Avco Consulting's expertise in cloud services, cyber security, and data science indicates a strong foundation in advanced technological platforms.

Significant Scientific Methods

The company employs methodologies such as Agile, CI/CD, and DevOps in its software development life cycle, as well as AI/ML-driven analytics to enhance data-driven decision-making.