Centre for Computational Technologies (CCTech) Company Profile

Background

Founded in 2006 and headquartered in Pune, India, Centre for Computational Technologies Private Limited (CCTech) specializes in the development of engineering software solutions, particularly in the domains of Computational Fluid Dynamics (CFD), Computer-Aided Design (CAD), and Computer-Aided Manufacturing (CAM). The company's mission is to democratize advanced computational technologies, making them accessible and user-friendly for designers and engineers worldwide. CCTech has established itself as a significant player in the engineering software industry, collaborating with global leaders to provide innovative solutions that address complex engineering challenges.

Key Strategic Focus

CCTech's strategic focus encompasses:

Product Development: Creating user-friendly, cloud-based CFD applications tailored for designers, such as simulationHub, which simplifies complex simulations.

Consulting Services: Offering expertise in engineering software development, including CAD, CFD, and CAM, to assist clients in building unique engineering solutions.

Research and Innovation: Pioneering advancements in computational engineering sciences to make high-end tools accessible on various devices, including mobile platforms.

Educational Initiatives: Through LearnCAx, providing Massive Open Online Courses (MOOCs) dedicated to CAx education, aiming to inspire, educate, and mentor engineers globally.

Financials and Funding

As of the latest available data, CCTech's estimated annual revenue is approximately $21.2 million, with a revenue per employee of $93,500. The company has experienced a 5% growth in employee count, totaling 227 employees. In the fiscal year ending March 31, 2023, CCTech reported a 67.95% increase in total revenue and an 8.04% rise in net worth. However, profitability decreased by 70.12% during the same period. Specific details regarding funding rounds and investors are not publicly disclosed.

Pipeline Development

CCTech's product pipeline includes:

Autonomous HVAC CFD (AHC): An application designed to assist in the design of efficient HVAC systems, focusing on occupant thermal comfort.

Autonomous Valve CFD (AVC): An automated CFD simulation app for control valve designers, providing performance reports within minutes.

Pedestrian Comfort Analysis (PCA): An app for evaluating pedestrian comfort and safety in urban environments, catering to architects, environmental engineers, and urban planners.

simulationHub Web Services (SWS): A cloud-based platform offering over 200 REST APIs for building thermal, fluid, and hyper-localized weather applications.

These products are at various stages of development and deployment, with continuous updates and enhancements based on user feedback and technological advancements.

Technological Platform and Innovation

CCTech distinguishes itself through several proprietary technologies and methodologies:

simulationHub: A suite of cloud-based CFD applications that run on web browsers, enabling designers to perform complex simulations without specialized hardware.

Autodesk Platform Services Integration: As a certified systems integrator, CCTech leverages Autodesk's APIs to develop custom software applications and connected workflows for various industries.

iTwin Platform Utilization: Partnering with Bentley Systems, CCTech utilizes the iTwin platform to create digital twin applications, enhancing asset management through real-time visualization and simulation.

Agentic AI: Incorporating AI-driven automation into their products, such as the Buildings AI platform, to provide real-time insights and improve decision-making processes.

Leadership Team

Sandip Jadhav: Co-Founder and CEO, leading the company's strategic vision and operations.

Vijay Mali: Co-Founder and COO, overseeing operational management and technological development.

Nem Kumar: Director of Consultancy, responsible for consulting services and client relations.

These leaders bring extensive experience in engineering software development and have been instrumental in driving CCTech's growth and innovation.

Competitor Profile

Market Insights and Dynamics

The engineering software industry is experiencing significant growth, driven by the increasing adoption of digital tools in design and manufacturing processes. The demand for user-friendly, cloud-based simulation tools is particularly high, as companies seek to streamline workflows and reduce time-to-market.

Competitor Analysis

CCTech faces competition from several companies offering similar services:

SankhyaSutra Labs: Specializes in high-fidelity CFD simulations, focusing on complex fluid dynamics problems.

Zeus Numerix: Provides simulation-driven product design services, including CFD and structural analysis.

Mechartes: Offers engineering analysis and design services, with expertise in CFD, structural analysis, and thermal simulations.

These competitors emphasize advanced simulation capabilities and cater to industries requiring precise engineering analyses.

Strategic Collaborations and Partnerships

CCTech has established significant partnerships to enhance its offerings:

Autodesk: As a certified systems integrator, CCTech collaborates with Autodesk to develop custom applications and workflows, leveraging Autodesk's APIs.

Bentley Systems: Utilizing the iTwin platform, CCTech creates digital twin applications, improving asset management through real-time data integration.

Bureau Veritas Construction: Collaborated on the "icheck for Building" project, a BIM-based solution automating control processes throughout the project lifecycle.

These partnerships enable CCTech to integrate advanced technologies into their products, offering comprehensive solutions to clients.