PriceSenz Company Profile

Background

Overview

Founded in 2015, PriceSenz is a Digital Technology Services company headquartered in Dallas, Texas. The company specializes in addressing complex digital transformation challenges through services in strategy, data and AI, application modernization, and talent solutions. PriceSenz serves both private and public sectors, including Fortune 200 companies, federal agencies, and state and local governments.

Mission and Vision

PriceSenz is committed to enabling better business outcomes for its clients by integrating automation, predictive analytics, and data-driven decision-making into business processes. The company emphasizes a customer-centric approach, striving to understand and meet client needs through innovative digital solutions.

Industry Significance

As an ISO 9001 and ISO 27001 certified, minority-owned small business, PriceSenz demonstrates a strong commitment to quality and security. Its certifications, including MBE, SBE, and Texas HUB, position the company as a trusted partner in regulated industries seeking reliable IT services.

Key Strategic Focus

Core Objectives

PriceSenz aims to assist enterprises in their digital transformation journeys by leveraging advanced technologies to enhance revenue, profitability, and customer experience. The company focuses on delivering quick wins while building towards clients' grand visions, embracing a culture of lean, agile, and fast software delivery.

Areas of Specialization

Digital Transformation Services: Offering strategy development, data and AI integration, and application modernization to improve business outcomes.

Talent Solutions: Providing IT staffing, executive recruitment, and managed service provider (MSP) staffing to close the talent gap in the tech industry.

Key Technologies Utilized

PriceSenz employs a diverse tech stack, including:

Machine Learning: Utilizing TensorFlow for AI and machine learning applications.

Cloud Services: Leveraging IBM Cloud for data management and application hosting.

Data Management: Implementing Syniti for data governance and integration.

Primary Markets Targeted

The company serves a broad range of industries, including telecommunications, healthcare, manufacturing, and the public sector, addressing the unique digital transformation needs of each.

Financials and Funding

Revenue

Estimates of PriceSenz's annual revenue vary:

Approximately $8.6 million per year.

Around $10 million.

Approximately $21.2 million.

Funding History

PriceSenz has raised a total of $163,000 in funding over one round.

Technological Platform and Innovation

Proprietary Technologies

PriceSenz has developed an AI-powered talent database, enabling efficient response to customer requirements. This database comprises over 50,000 engaged and verified resources, facilitating rapid talent acquisition.

Significant Scientific Methods

The company employs AI and machine learning models for talent matchmaking, utilizing technology for continuous sourcing and thorough evaluation of technical and cultural fit.

Leadership Team

Muhammed Shaphy: Chief Executive Officer

Bijith Moopen: Founder and Chief Operating Officer

Mahendra Kumar: Vice President of Government Services - SLED & Federal Clients

The leadership team brings decades of experience in delivering complex digital and business transformation programs for Fortune 200 companies.

Competitor Profile

Market Insights and Dynamics

The digital transformation services market is highly competitive, with numerous firms offering similar solutions. PriceSenz differentiates itself through its certifications, minority-owned status, and focus on both private and public sectors.

Competitor Analysis

Key competitors include:

Zilliant: Specializes in pricing optimization solutions.

Flexera: Offers IT asset management and cloud optimization services.

Pricefx: Provides cloud-based pricing software solutions.

Strategic Collaborations and Partnerships

PriceSenz partners with leaders in digital and AI technologies, including AWS, Fujitsu, Gartner, and K2View, to deliver best-in-class solutions to customers.

Operational Insights

The company's strategic considerations include leveraging its certifications and minority-owned status to strengthen its market position, focusing on both private and public sectors, and differentiating through a customer-centric approach and innovative digital solutions.

Strategic Opportunities and Future Directions

PriceSenz aims to expand its market reach by targeting new verticals and geographic markets, investing in AI and machine learning capabilities, and enhancing data accuracy and quality to better serve clients' evolving needs.