Tayana Solutions Company Profile

Background

Founded in 2014, Tayana Solutions is a consulting firm specializing in cloud-based Enterprise Resource Planning (ERP) solutions. The company focuses on building long-term relationships with clients, aiming to be a partner in their success. With a presence across the USA, Canada, Switzerland, the UK, and India, Tayana Solutions is committed to delivering high customer satisfaction at affordable costs.

Key Strategic Focus

Tayana Solutions specializes in providing end-to-end software consulting services, including eCommerce (B2C and B2B specialization), customer and vendor portals, manufacturing, quality control, regulatory reporting, customizations, migrations, and upgrade services. The company is a Gold Certified Value-Added Reseller (VAR) and Independent Software Vendor (ISV) partner for Acumatica and MYOB. Their process manufacturing solutions cater to industries such as oil and lubricants, food and beverages, pet food, chemicals and fertilizers, life sciences, biosciences, pharmaceuticals and nutraceuticals, cannabis, cosmetics, and personal care.

Financials and Funding

As a privately held company, Tayana Solutions does not publicly disclose detailed financial information. However, estimates suggest the company generates annual revenues of approximately $4.2 million, with a workforce of around 91 employees.

Technological Platform and Innovation

Tayana Solutions offers a range of proprietary technologies and services, including:

Acu Process Manufacturing (APM): A comprehensive solution designed for process manufacturers, featuring functionalities such as formulation, bill of materials (BOM), production, quality control, compliance, environmental health and safety (EHS), labeling, and property management.

eCommerce Connectors: Specialized connectors for B2B and B2C platforms, facilitating seamless integration between eCommerce operations and ERP systems.

Customer and Vendor Portals: Platforms that enhance communication and collaboration between businesses and their customers or suppliers, streamlining processes and improving efficiency.

Leadership Team

Vijay Ural: Co-Founder and President, bringing extensive experience in ERP solutions and business consulting.

Sharad Vajpayee: Co-Founder and Principal Advisor, contributing strategic insights and expertise in technology solutions.

Competitor Profile

Market Insights and Dynamics

The ERP consulting and implementation market is highly competitive, with numerous firms offering similar services. The demand for cloud-based ERP solutions is growing, driven by businesses seeking scalable and flexible systems to manage their operations.

Competitor Analysis

Key competitors of Tayana Solutions include:

ePROMIS Solutions: Offers comprehensive ERP solutions with a focus on various industries, generating approximately $63.1 million in revenue with 217 employees.

Third Wave Business Systems: Specializes in business management solutions, with revenues around $9.8 million and a workforce of 40 employees.

SWK Technologies: Provides technology solutions and services, reporting revenues of $51 million and employing 243 individuals.

Strategic Collaborations and Partnerships

Tayana Solutions has established several strategic partnerships to enhance its service offerings:

CompuTec Integrated Solutions, Inc.: Collaborated to provide Acu Process Manufacturing and eCommerce solutions to manufacturing and online distribution businesses.

QEDO (PTY) Ltd.: Partnered to offer Acumatica ERP ISV solutions in South Africa, aiming to meet the digital transformation needs of Acumatica’s customers in the region.

Netsense Business Solutions: Teamed up to offer Acu Process Manufacturing solutions, focusing on reaching more manufacturers and building better client relationships.

MYOB Enterprise Division: Committed to a collaboration to integrate Acu Process Manufacturing into the MYOB Advanced Business cloud ERP platform, enhancing manufacturing functionalities.

Operational Insights

Tayana Solutions differentiates itself through its deep expertise in process manufacturing and its commitment to customer satisfaction. The company's strategic partnerships and focus on cloud-based ERP solutions position it competitively in the market.

Strategic Opportunities and Future Directions

The company aims to expand its market reach by leveraging its partnerships and enhancing its technological offerings. By focusing on industries with complex manufacturing processes, Tayana Solutions seeks to provide tailored solutions that address specific industry challenges.