N

narola-infotech

lightning_bolt Market Research

Narola Infotech Company Profile



Background



Overview:
Founded in 2005, Narola Infotech is a global IT solutions provider headquartered in Surat, Gujarat, India. With over 18 years of experience, the company specializes in delivering custom web and mobile application development, backend development, enterprise services, and CMS website development. Narola Infotech has successfully completed over 3,000 projects across more than 50 countries, serving a diverse clientele in industries such as finance, healthcare, hospitality, manufacturing, education, retail, communication, social media, and eCommerce.

Mission and Vision:
Narola Infotech aims to empower businesses through innovative and scalable IT solutions, fostering digital transformation and enhancing operational efficiency. The company envisions becoming a trusted partner for organizations seeking to leverage technology for sustainable growth.

Key Strategic Focus



Core Objectives:

  • Custom Software Development: Providing tailored web and mobile applications to meet specific client requirements.

  • Enterprise Solutions: Offering comprehensive services including backend development, CMS website development, and enterprise resource planning (ERP) systems.

  • Emerging Technologies: Integrating artificial intelligence (AI), machine learning (ML), cloud computing, and DevOps practices to deliver cutting-edge solutions.


Technologies Utilized:

  • Programming Languages: PHP, ASP.NET, C#, Java, Ruby on Rails, Python.

  • Frameworks: CodeIgniter, Laravel, Django, AngularJS, Node.js, ReactJS.

  • Content Management Systems (CMS): WordPress, Magento, Shopify.

  • Enterprise Platforms: Salesforce, SharePoint, ERP, CRM.


Primary Markets Targeted:

  • Industries: Finance, healthcare, hospitality, manufacturing, education, retail, communication, social media, eCommerce.

  • Geographical Reach: Serving clients across more than 50 countries, with a significant presence in the United States, Europe, and Asia.


Financials and Funding



Revenue:
As of the fiscal year ending March 31, 2022, Narola Infotech reported a revenue increase of 101.01% compared to the previous year.

Profitability:
The company experienced a decrease in profit by 118.54% during the same period.

Net Worth:
Narola Infotech's net worth saw a moderate rise of 1.97% as of March 31, 2022.

Funding History:
The company operates as a privately held entity and has not publicly disclosed any external funding rounds or notable investors.

Technological Platform and Innovation



Proprietary Technologies and Methodologies:

  • AI and Machine Learning Integration: Implementing AI-driven solutions to enhance software capabilities and provide intelligent insights.

  • Cloud Computing: Utilizing cloud platforms to ensure scalability, flexibility, and security in application deployment.

  • DevOps Practices: Adopting continuous integration and continuous deployment (CI/CD) pipelines to streamline development processes and improve product delivery timelines.


Leadership Team



Key Executives:

  • Prerna Mehta: Chief Executive Officer (CEO).

  • Nileshkumar Ishwarbhai Paladiya: Director, appointed on April 16, 2013.

  • Ashishkumar Vallabhbhai Narola: Director, appointed on April 16, 2013.


Competitor Profile



Market Insights and Dynamics:

The global IT services market is highly competitive, with numerous companies offering similar services. Narola Infotech differentiates itself through its extensive experience, diverse service offerings, and commitment to quality.

Key Competitors:

  • ClusterVision: Specializes in high-performance computing (HPC) solutions.

  • SAP National Security Services (SAP NS2): Operates as a software vendor focusing on security services.

  • Conexiom: Develops cloud-based automation software.

  • Tamr: Provides data integration platforms and data management services.


These competitors offer specialized services that overlap with Narola Infotech's offerings, particularly in software development and IT solutions.

Strategic Collaborations and Partnerships



Narola Infotech has established itself as a top-rated agency on Upwork for over 18 years, achieving a 99% job success ratio and completing over 5,000 projects. This partnership underscores the company's commitment to delivering quality solutions and maintaining strong client relationships.

Operational Insights



Competitive Advantages:

  • Extensive Experience: Over 18 years in the industry with a diverse portfolio of successful projects.

  • Skilled Workforce: A team of over 350 professionals, including project managers, developers, designers, and marketing experts.

  • Client-Centric Approach: High client retention rate of 95%, reflecting strong relationships and customer satisfaction.


Strategic Opportunities and Future Directions



Expansion Plans:

  • Geographical Growth: Aiming to strengthen its presence in existing markets and explore new regions.

  • Service Diversification: Continuing to integrate emerging technologies such as AI, ML, and cloud computing into service offerings.

  • Partnership Development: Seeking strategic alliances to enhance capabilities and market reach.

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