Avesta Computer Services: Company Profile

Background

Overview:
Founded in 1994, Avesta Computer Services is a privately held technology consulting and staffing firm headquartered in Somerset, New Jersey. The company specializes in providing full life cycle technology services on a strategic staffing basis to clients across various sectors, including financial services, pharmaceuticals, technology, and healthcare. Avesta is recognized for its commitment to high ethical standards and values, fostering long-term partnerships with clients through top-quality and timely implementation of technology solutions.

Mission and Vision:
Avesta aims to build bespoke technology teams for its customers by acquiring and managing top talent, thereby enabling clients to achieve their strategic objectives efficiently.

Key Strategic Focus

Core Objectives:
Avesta's primary objective is to deliver comprehensive technology consulting and staffing solutions that align with clients' strategic goals. The company emphasizes mutual growth and high customer satisfaction by adhering to the highest standards of ethics and values.

Areas of Specialization:
The company specializes in:

Cisco Telepresence: Implementing advanced video conferencing solutions.

Cloud Services: Providing scalable and secure cloud computing solutions.

Infrastructure Management: Ensuring robust and efficient IT infrastructure operations.

Database Administration: Managing and optimizing database systems for performance and reliability.

Big Data Analytics: Leveraging large datasets to derive actionable insights.

Primary Markets:
Avesta serves clients in the financial, pharmaceutical, technology, and healthcare sectors, offering tailored solutions to meet industry-specific challenges.

Financials and Funding

Revenue:
As of November 2024, Avesta Computer Services reported annual revenues ranging between $10 million and $50 million.

Funding History:
The company has raised a total of $349,000 in funding over one round.

Leadership Team

Cyrus Davierwalla: Founder and Chairman.

Rushad Cassad: President.

Pooja Mishra: Vice President.

Salim Shaikh: Vice President - Resourcing.

Competitor Profile

Market Insights and Dynamics:
The IT consulting and staffing industry is highly competitive, with numerous firms offering similar services. Avesta's focus on building bespoke technology teams and its commitment to ethical standards distinguish it in the market.

Competitor Analysis:
Key competitors include:

Softchoice: A leading North American provider of IT solutions and managed services.

CDW: A multinational provider of technology products and services for business, government, and education.

SHI International Corp.: A global provider of technology products and services.

These competitors offer a range of IT services, including consulting, infrastructure management, and cloud solutions, similar to Avesta's offerings.

Strategic Collaborations and Partnerships

In April 2024, Avesta Computer Services was acquired by OnShift, a company specializing in human capital management solutions. This acquisition is expected to enhance OnShift's platform and expand Avesta's reach in the human capital management sector.

Operational Insights

Avesta's strategic focus on building customized technology teams and its commitment to ethical business practices provide a competitive advantage in the IT consulting and staffing industry. The company's specialization in areas like Cisco Telepresence and Big Data Analytics positions it to meet the evolving needs of clients across various sectors.

Strategic Opportunities and Future Directions

The acquisition by OnShift presents opportunities for Avesta to integrate its technology consulting services with human capital management solutions, potentially opening new markets and client bases. Additionally, the company's expertise in emerging technologies positions it well to capitalize on industry trends and client demands.