infostretch Research by SuperAGI

Overview

Infostretch, now integrated into Apexon, is a prominent player in digital engineering services, facilitating enterprises in expediting digital adoption. The combined entity offers a comprehensive array of solutions such as application strategy, implementation, modernization, integration, and ongoing support. Known for their expertise in digital transformation, Apexon extends its services across digital strategy, cloud engineering, data engineering, automation, and quality engineering, forming a leading digital engineering services company through the merger.

Company Details

Industry: IT Services and IT Consulting

Headquarters: Santa Clara, California

Annual Revenue: $289.7 million

Company Size: 1,427 employees

Ownership: Privately Held

Services and Specialties

Infostretch/Apexon delivers diverse services including:

Quality Engineering

DevOps and CI/CD

Application Development

Cloud and Big Data Solutions

Internet of Things (IoT) Services

Test Automation and Software QA

Performance and Security Testing

Web Development and UI/UX Design

Innovation and Product Engineering

Locations

The global footprint of Infostretch/Apexon consists of key offices in:

Santa Clara, California, USA

Ahmedabad, Gujarat, India

Pune, Maharashtra, India

Bengaluru, Karnataka, India

Leadership

The leadership team at Apexon is comprised of seasoned professionals noted for their strategic vision and industry experience:

Sriniketh Chakravarthi, CEO: Armed with over two decades of experience, Sriniketh has an extensive background in digital transformation leadership.

Sumithra Gomatam, Executive Co-Chair: With a career spanning over 30 years in the IT and BPS sectors, she assures efficient attainment of business goals.

Harsh Nanda, Director: Partner at Goldman Sachs, focusing on enhancing digital technology firms through strategic investments.

Manish Mathuria, Co-Founder and Board Member: Renowned for his initiatives in technology consulting and high-performing team development.

Recent Developments and Strategic Insights

In 2022, Infostretch merged with Apexon, a strategic decision projected to amplify service capabilities and market influence, solidifying its position as a key player in digital engineering.

Apexon has garnered recognition from key industry analysts like NelsonHall, Gartner, and Forrester for exceptional digital development and test automation capabilities.

Competitor Analysis

Key Competitors

1. Damco Solutions: Offers comprehensive IT services with a 98.8% client retention rate and 1,600 professionals.
2. Mobiquity: Provides mobile strategies, app development, and analytics, focusing on digital engagement.
3. Hexaware Technologies: Extends digital transformation services across 54 offices globally, with revenue of $1.3 billion and 32,000 employees.
4. Lionbridge and Infosys: Both provide extensive IT and tech solutions services.
5. Applause and Mobiquity: Compete in IT solutions targeting customer experiences and enterprise solutions.

Market Position and Strategy

Infostretch emphasizes strong client and partner relationships, alongside technological service advancements.

Strategic alliances, like with Automation Anywhere for hyperautomation, and the acquisition agreement with Saggezza illustrate Infostretch's proactive market strategy.

Prioritizing competitive pricing, innovative services, and strategic partnerships ensures Infostretch's robust market positioning and helps counteract competitive pressures efficiently.