Company Research Report: Happiest Minds Technologies Limited
Company Overview
Name, Mission of the Company
Happiest Minds Technologies Limited
Mission: Happiest People . Happiest Customers
When was the company founded and by whom
No information is available
Key People in the Company
- Ashok Soota: Founder
- Venkatraman Narayanan: Managing Director & CFO
- Mittu Sridhara: Director
- Rajiv Shah: Director
Where is the company headquartered
Bengaluru, India
Number of Employees
No information is available
Revenue of the Company
No information is available
What is the Company Known For
Happiest Minds enables digital transformation for enterprises and technology providers by delivering seamless customer experiences, business efficiency, and actionable insights through disruptive technologies like big data analytics, the internet of things, mobility, cloud, security, and unified communications.
Products
What Products Do They Offer
- APPrise: Digital Assisted Selling Platform
- Digital Content Broker Solution (MCaaS)
- Integrated Security as a Services (iSaaS)
- Location Mobile Personalization (LO-MO-ME)
- MIDAS: IoT Platform
- Digital Customer On-Boarding (dCOB™)
- Pimcore: Enterprise management framework
High-Level Description of the Product
- APPrise: Enables assisted digital selling.
- Digital Content Broker Solution (MCaaS): Manages digital content and provides content as a service.
- Integrated Security as a Services (iSaaS): Provides integrated security services.
- Location Mobile Personalization (LO-MO-ME): Helps personalize mobile content based on location.
- MIDAS: Manages and integrates IoT devices.
- Digital Customer On-Boarding (dCOB™): Facilitates the digital onboarding of customers.
- Pimcore: Provides solutions for data management and customer experience management.
Key Features of Each of the Products
- No specific key features are mentioned for each product.
Recent Developments
What are the Recent Developments in the Company
Happiest Minds continues to expand and evolve with several noteworthy achievements and initiatives:
- Acquisition of Aureus Tech Systems and PureSoftware.
- Launch of WATCH360, an AI-infused packaged offering for Managed Infrastructure Services.
- Partnerships with companies like Solvio to provide next-gen Salesforce solutions and Klassify for Data Discovery & Classification.
What are the New Products Launched
- WATCH360: AI-infused packaged offering for Managed Infrastructure Services.
What are the New Features Added to the Existing Products
No information is available.
Any New Partnerships
- Partnership with Solvio to provide next-gen Salesforce Solutions.
- Partnership with Klassify to deliver Data Discovery & Classification.
Awards and Recognitions
Happiest Minds has received numerous awards and recognitions, including:
- CNBC-TV18 India Risk Management Award 2024.
- Top 50 India’s Best Workplaces™ in Health & Wellness 2023.
- Multiple recognitions in Zinnov Zones for ER&D Services 2021.
- IBM THINK Partner Excellence Award (TOP PARTNER AWARD).
- Named among Top 10 India’s Best Workplaces™ in Health & Wellness 2022.
Analyst Mentions
- Recognized by Zinnov Zones as a ‘Niche & Established’ player for Gen-AI Engineering Services.
- Featured in Forrester Now Tech: Robotic Process Automation Services analyst report.
- Positioned as an ‘Innovator’ in NelsonHall’s Digital Banking Services NEAT Report.
Subsidiaries
Aureus Tech Systems (Aureus)
- Specializes in cloud, AI, and edge solutions for Fortune 500 companies.
- Designated Microsoft Solutions Partner for Digital & App Innovation.
- Acquired by Happiest Minds in 2024.
PureSoftware
- Global software products and digital services company in banking, healthcare, high tech, retail, and gaming.
- Known for the financial technology platform Arttha.
- Acquired by Happiest Minds in 2024.
Financial and Stock Information
- Financial results and other financial performance metrics are regularly published, with details available for specific quarterly results and annual reports.
- Recent financial results highlight revenue growth acceleration with a 17.8% year-over-year increase in constant currency as of Q3 2024.
- Previous financial year (FY24) achievements include significant net profit growth and strategic acquisitions.
Corporate Social Responsibility (CSR) Initiatives
- Circle of Happiness: Focuses on giving back to the community through various initiatives.
- Happiest Minds' Wellness Program: Encompasses the 7 Ws of wellness: Physical, Spiritual, Intellectual, Professional, Social, Emotional, and Environmental Wellness.
Conclusion
Happiest Minds Technologies Limited stands as a transformative force in the digital solutions domain. Continuously recognized for its excellence in corporate governance, innovation, and workplace culture, Happiest Minds is committed to driving business efficiency with deep expertise in disruptive technologies and strategic acquisitions.
