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geniusee---custom-software-product-development

lightning_bolt Market Research

Geniusee - Custom Software Product Development



Background



Overview

Geniusee is a custom software and product development company founded in 2017, specializing in delivering innovative and scalable software solutions to clients worldwide. With a team of over 200 professionals, Geniusee has successfully completed more than 180 projects across various industries, including FinTech, EdTech, Retail, and Real Estate.

Mission and Vision

  • Mission: To help businesses thrive through tech partnerships and strengthen the engineering community by sharing knowledge and creating opportunities.


  • Vision: Innovate, Accelerate, Thrive.


Industry Significance

Geniusee has established itself as a significant player in the custom software development industry, recognized for its expertise in FinTech and EdTech sectors. The company has been acknowledged as a top app development partner in Ukraine and has been listed among the top 1000 service vendors worldwide.

Key Strategic Focus



Core Objectives

  • Deliver high-quality, scalable, and secure software solutions.


  • Foster long-term partnerships with clients to drive mutual growth.


  • Continuously innovate and adapt to emerging technologies to meet client needs.


Areas of Specialization

  • FinTech: Developing solutions for banking, lending, trading, accounting, e-wallets, and blockchain.


  • EdTech: Creating learning management systems (LMS), e-learning platforms, and virtual classrooms.


  • Retail: Building e-commerce platforms, point-of-sale (POS) systems, and omnichannel solutions.


  • Real Estate: Providing location-based services, property management systems, and digital twin solutions.


Key Technologies Utilized

  • Cloud Platforms: Amazon Web Services (AWS), Google Cloud, Azure.


  • Programming Languages: React, React Native, Angular, Vue.js, Node.js, Python, PHP.


  • DevOps Tools: Docker, Kubernetes, Jenkins.


  • AI and Data Science: Natural Language Processing (NLP), machine learning algorithms.


Primary Markets Targeted

  • Startups and mid-sized businesses seeking digital transformation.


  • Enterprises requiring scalable and secure software solutions.


  • Clients in FinTech, EdTech, Retail, and Real Estate sectors.


Financials and Funding



Funding History

As a privately held company, Geniusee has not publicly disclosed detailed funding information. The company has achieved significant growth through organic expansion and strategic partnerships.

Recent Developments

  • In September 2023, Geniusee expanded its sales presence in California, opening a new office in the USA under the leadership of Eric Burns, Vice President of Sales Operations.


Utilization of Capital

The capital has been utilized to:

  • Enhance service offerings in cloud solutions, AI, and data science.


  • Expand the team with certified professionals.


  • Establish a presence in key markets, including the USA and Europe.


Pipeline Development



Key Projects and Clients

  • My Tutor: Developed an online tutoring platform, providing web development, project management, UI/UX design, QA/QC, business analysis, and DevOps services.


  • Ajuma: Created a UV index mobile app, offering mobile development, UI/UX design, QA/QC testing, AWS, and DevOps services.


  • Lyte: Supported Festicket's in-house team in web and mobile development, contributing to a significant market share over more than two years.


  • Student.com: Collaborated on an e-learning platform, providing web and mobile development, project management, UI/UX design, QA/QC, DevOps, business analysis, and discovery phase services.


  • Keep: Developed an employee retention app, delivering web development, project management, QA/QC, DevOps, and business analysis services.


  • Pause: Created a breathwork app, offering UI/UX design, QA/QC, DevOps, web and mobile development, project management, and business analysis services.


Anticipated Milestones

  • Completion of ongoing projects within the stipulated timelines.


  • Expansion into new markets, including the USA and Europe.


  • Introduction of new service offerings in AI and data science.


Technological Platform and Innovation



Proprietary Technologies

  • Geniusee Timesheets: A Jira timesheet application available on the Atlassian Marketplace, offering features like user and project filters, weekend highlights, totals, and issue-level drilldowns.


Significant Scientific Methods

  • Data Science and AI: Utilizing machine learning algorithms and natural language processing to develop intelligent solutions.


  • DevOps Practices: Implementing continuous integration and continuous deployment (CI/CD) pipelines to enhance development efficiency.


AI-Driven Capabilities

  • Natural Language Processing (NLP): Developing software solutions that leverage NLP models to enhance user experience and data analysis.


Leadership Team



Executive Profiles

  • Taras Tymoshchuk: CEO and Founder. With a background in product management, Taras has been instrumental in driving Geniusee's growth and strategic direction.


  • Nazariy Hazdun: CTO and Co-Owner. Nazariy leads the technical team, overseeing the development and implementation of innovative software solutions.


  • Oksana Tymoshchuk: VP of Operations and Founder. Oksana manages day-to-day operations, ensuring project delivery aligns with client expectations.


  • Eric Burns: VP of Sales Operations, USA. Eric spearheads sales initiatives in the USA, expanding Geniusee's market presence.


Market and Competitor Profile



Market Insights and Dynamics

  • The custom software development market is experiencing significant growth, driven by digital transformation initiatives across industries.


  • Industry trends include increasing demand for AI-driven solutions, cloud computing, and cybersecurity services.


Competitor Analysis

  • Apzenity: Offers IT services focusing on software development and consulting.


  • Nanostuffs Technologies: Specializes in custom software development and IT consulting.


  • Decimal Technologies: Provides software development and digital transformation services.


  • Nexsoft Technology: Offers IT solutions with focus on software development and consulting.


Strategic Collaborations and Certifications

  • Geniusee is an AWS Advanced Tier Service Partner, holding AWS Lambda Service Delivery and AWS Education Services Competency, demonstrating expertise in cloud solutions.


  • The company holds ISO 9001:2015 and ISO 27001 certifications, ensuring quality management and information security.


Operational Insights

  • Geniusee's deep expertise in FinTech and EdTech, combined with its AI and data science capabilities, positions it as a strong competitor in the custom software development market.


  • The company's expansion into the USA and Europe, along with its strategic partnerships, enhances its market presence and competitiveness.


Strategic Opportunities and Future Directions



Strategic Roadmap

  • Expansion into new markets, particularly North America and Europe, to tap into new business opportunities.


  • Service diversification with new offerings in AI, data science, and cybersecurity to meet evolving client needs.


  • Investment in research and development to stay ahead of technological advancements and industry trends.


Future Business Directions

  • Focus on developing proprietary products to complement service offerings.


  • Forming alliances with technology providers to enhance service capabilities.


  • Attracting top talent to drive innovation and maintain high service standards.


Contact Information



  • Website: geniusee.com

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