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securekloud-infosolutions

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SecureKloud Infosolutions Company Profile



Background



SecureKloud Infosolutions, formerly known as 8K Miles Software Services, is a global IT business transformation and secure cloud operations provider. Headquartered in Plainsboro, New Jersey, the company specializes in delivering cloud platform solutions across various industries, including healthcare, pharmaceuticals, and life sciences. SecureKloud is publicly traded on the Indian Stock Exchanges (NSE and BSE) under the ticker symbol 512161.

Key Strategic Focus



SecureKloud's strategic focus encompasses:

  • Cloud Transformation Solutions: Assisting organizations in migrating to and optimizing cloud environments.


  • Enterprise Security: Implementing robust security measures to protect data and infrastructure.


  • Blockchain Integration: Leveraging blockchain technology to enhance transparency and security.


  • Decision Engineering: Utilizing data analytics to drive informed business decisions.


  • Managed Services: Providing continuous support and maintenance for IT systems.


The company holds partnerships with major cloud service providers, including AWS and Google Cloud Platform, and maintains ISO 27001 certification, underscoring its commitment to security and compliance.

Financials and Funding



As of September 23, 2024, SecureKloud reported a stock price of $0.40 and a market capitalization of $13.4 million. The company's trailing twelve-month revenue stood at $34.7 million, with an earnings per share (EPS) of -$0.13. In the fiscal year 2024, SecureKloud experienced a 52.08% decline in net sales revenue compared to the previous year.

Pipeline Development



SecureKloud has successfully completed approximately 400 business engagements, demonstrating its capability in delivering cloud and security solutions. The company employs over 100 certified consultants, ensuring expertise across various domains.

Technological Platform and Innovation



SecureKloud distinguishes itself through:

  • Proprietary Technologies: Developing in-house solutions tailored to client needs.


  • Scientific Methodologies: Employing advanced data analytics and machine learning algorithms to enhance service delivery.


Leadership Team



  • Suresh Venkatachari: Chief Executive Officer


  • Suresh Chari: Co-Founder


  • Harish Ganesan: Co-Founder


  • Padmanabhan Raghavan: Co-Founder


  • Praveen Aravamudhan: Co-Founder


Leadership Changes



As of the latest available information, there have been no recent significant changes or appointments within SecureKloud's leadership team.

Competitor Profile



Market Insights and Dynamics



The IT consulting and outsourcing industry is highly competitive, with numerous players offering a range of services. SecureKloud operates in a market characterized by rapid technological advancements and evolving client demands.

Competitor Analysis



SecureKloud's primary competitors include:

  • Tata Consultancy Services (TCS): A global leader in IT services, consulting, and business solutions.


  • Silver Touch Technologies: Specializes in IT solutions and services across various sectors.


  • V2Solutions: Offers technology consulting and digital transformation services.


  • Nagarro: Provides digital engineering and technology solutions.


  • Fluido: Focuses on Salesforce consulting and digital transformation.


Strategic Collaborations and Partnerships



SecureKloud has established significant partnerships to enhance its service offerings:

  • AWS Premier Partner: Demonstrating advanced expertise in AWS services.


  • Google Cloud Platform Premier Partner: Showcasing proficiency in Google Cloud solutions.


Operational Insights



SecureKloud's strategic considerations include:

  • Market Positioning: Focusing on niche markets such as healthcare and life sciences to leverage specialized expertise.


  • Competitive Advantages: Emphasizing security and compliance to differentiate from competitors.


Strategic Opportunities and Future Directions



SecureKloud aims to:

  • Expand Service Offerings: Develop new solutions to meet emerging client needs.


  • Strengthen Partnerships: Deepen collaborations with existing partners and explore new alliances.


  • Enhance Technological Capabilities: Invest in research and development to stay ahead of industry trends.


Contact Information



  • Website: www.securekloud.com


  • Headquarters: Plainsboro, New Jersey, USA

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