Blue Chip Computer Consultants Pvt. Ltd. Company Profile

Background

Company Overview

Founded in 1983, Blue Chip Computer Consultants Pvt. Ltd. is a privately held company headquartered in Bangalore, India. The company specializes in business consultancy and product development, serving approximately 200 corporations worldwide. Blue Chip has established a strong presence in functional areas such as Supply Chain Management (SCM), Manufacturing, Financial Services, and Customer Relationship Management (CRM).

Mission and Vision

Blue Chip is committed to leveraging information technology to provide innovative solutions that drive business success. The company's philosophy, "Grow and let grow," reflects its dedication to fostering professional growth and delivering value to clients.

Key Strategic Focus

Core Objectives and Specializations

Blue Chip focuses on delivering customized IT solutions tailored to the unique needs of its clients. The company's expertise spans various domains, including:

• Enterprise Resource Planning (ERP): Implementation and support of ERP systems such as Infor LN (BAAN), Infor Syteline, and Microsoft Dynamics 365.

• Human Resource Management Systems (HRMS): Development of comprehensive HR solutions like the HumaNet Portal, which automates HR processes from recruitment to retirement.

• Custom Software Development: Providing tailored software solutions to meet specific business requirements.

Key Technologies Utilized

Blue Chip employs a range of technologies to deliver its services, including:

• ERP Platforms: Infor LN (BAAN), Infor Syteline, Microsoft Dynamics 365.

• HRMS Solutions: HumaNet Portal, encompassing modules for employee management, recruitment, attendance, payroll, and more.

• Custom Development Tools: Utilizing various programming languages and frameworks to develop bespoke applications.

Primary Markets Targeted

Blue Chip serves a diverse clientele across multiple industries, including manufacturing, financial services, and retail. The company has a significant presence in India and extends its services to international markets through subsidiaries in Singapore and the USA.

Financials and Funding

Funding History

As a privately held company, Blue Chip has been profitable since its inception in 1983. The company has not publicly disclosed specific funding rounds or external investments.

Financial Performance

For the financial year ending March 31, 2024, Blue Chip reported:

• Total Revenue: ₹27.5 million.

• Profit Growth: An increase of 59.74% compared to the previous year.

• Net Worth: An 8.3% rise from the prior year.

Pipeline Development

Key Products and Services

Blue Chip's product portfolio includes:

• HumaNet Portal: An integrated HRMS solution automating HR processes from recruitment to retirement.

• ERP Solutions: Implementation and support for platforms like Infor LN (BAAN), Infor Syteline, and Microsoft Dynamics 365.

• Custom Software Development: Tailored applications designed to meet specific client needs.

Development Stages and Timelines

The company continually enhances its existing products and develops new solutions to meet evolving market demands. Specific development timelines are not publicly disclosed.

Technological Platform and Innovation

Proprietary Technologies

Blue Chip has developed proprietary solutions such as the HumaNet Portal, which integrates various HR functions into a cohesive system.

Significant Scientific Methods

The company employs advanced methodologies in software development, including:

• Agile Development Practices: Ensuring flexibility and responsiveness to client needs.

• Workflow Automation: Streamlining business processes to enhance efficiency.

Leadership Team

Key Executives

• Joshua Samuel Rajeeva: Serving as Managing Director and CEO since April 1, 2006, Joshua has been instrumental in steering the company's strategic direction and growth.

• Krittika Saha: Appointed as Director on February 3, 2022, Krittika brings valuable insights to the company's leadership team.

Leadership Changes

The most recent significant leadership change was the appointment of Krittika Saha as Director in February 2022. No other major changes have been reported in the recent past.

Competitor Profile

Market Insights and Dynamics

The IT consulting and software development industry is highly competitive, with numerous players offering a range of services. The market is characterized by rapid technological advancements and evolving client requirements.

Competitor Analysis

Key competitors in the industry include:

• Tata Consultancy Services (TCS): A global leader in IT services, consulting, and business solutions.

• Infosys: Offers a wide range of IT services and consulting solutions.

• Wipro: Provides IT services, including digital strategy, consulting, and business process services.

These companies have established global footprints and offer comprehensive service portfolios, posing significant competition to Blue Chip.

Strategic Collaborations and Partnerships

Blue Chip has established partnerships with various clients across industries.