Velocis Systems Pvt. Ltd. Market Research Report

Background

Company Overview

Velocis Systems Pvt. Ltd., established in 1995, is a leading system integrator based in New Delhi, India. The company specializes in providing comprehensive IT solutions, including Public Cloud, Enterprise Networks, Digital Workspaces, Data Centre and Hybrid Cloud, and Cybersecurity services. With a team of over 1,200 professionals, Velocis has successfully implemented over 1,000 projects, serving more than 950 businesses across various sectors such as mid-market, manufacturing, BFSI, Government/Public Sector, and e-commerce.

Mission and Vision

Velocis is committed to empowering organizations through digital transformation by delivering innovative technological solutions that enhance business performance. The company's mission is to be the industry's most trusted and reliable IT infrastructure solutions provider, focusing on outstanding service, building lasting relationships, and helping customers achieve their business outcomes.

Industry Significance

As a prominent system integrator in India, Velocis plays a crucial role in enabling businesses to adopt and integrate advanced IT solutions, thereby driving digital transformation and operational efficiency across various industries.

Key Strategic Focus

Core Objectives

Digital Transformation Enablement: Assist organizations in modernizing their IT infrastructure to achieve greater agility and competitiveness.

Customer-Centric Solutions: Provide tailored IT solutions that address specific business challenges and objectives.

Innovation Leadership: Stay at the forefront of technological advancements to offer cutting-edge solutions to clients.

Areas of Specialization

Public Cloud Services: Facilitate scalable and flexible cloud solutions to meet diverse business needs.

Enterprise Networks: Design and implement robust network infrastructures to support seamless business operations.

Digital Workspaces: Create collaborative environments that enhance productivity and user experience.

Data Centre and Hybrid Cloud: Offer secure and efficient data management solutions through advanced data centers and hybrid cloud architectures.

Cybersecurity: Provide comprehensive security services to protect organizational assets from evolving cyber threats.

Key Technologies Utilized

Cloud Computing Platforms: AWS, Microsoft Azure, Google Cloud.

Networking Solutions: Cisco, Juniper Networks.

Cybersecurity Tools: Palo Alto Networks, Fortinet.

Data Management: NetApp.

Primary Markets Targeted

Mid-Market Enterprises: Provide scalable solutions tailored to the needs of medium-sized businesses.

Manufacturing Sector: Enhance operational efficiency through integrated IT solutions.

BFSI (Banking, Financial Services, and Insurance): Offer secure and compliant IT infrastructures.

Government/Public Sector: Support digital initiatives with reliable and secure IT services.

E-commerce: Enable seamless online operations with robust IT backends.

Financials and Funding

Funding History

Velocis Systems Pvt. Ltd. is a privately held company and has not publicly disclosed detailed funding information. The company has demonstrated consistent growth, with operating income rising from ₹1,061.4 crore in FY2023 to ₹1,401.4 crore in FY2025 (provisional). Profit after tax improved from ₹32.3 crore to ₹53.5 crore during the same period.

Utilization of Capital

While specific details on the utilization of capital are not publicly available, the company's growth trajectory suggests investments in expanding service offerings, enhancing technological capabilities, and broadening market reach.

Pipeline Development

Key Projects and Initiatives

Smart Meeting Room Solutions: Implemented AI-powered smart meeting rooms to enhance collaboration and user experience for a technology provider's new campus in Mumbai.

Next-Generation Airport Network: Designed and deployed a full-stack network solution for a new airport, ensuring standardized client access and future flexibility.

Enterprise Management Solution for Goa State Electricity Department: Addressed complex server-monitoring issues, improving service offerings and operational efficiency.

Technological Platform and Innovation

Proprietary Technologies

BullsEye: A comprehensive network monitoring and management solution.

Observer: A tool designed for real-time performance monitoring and analytics.

Compliance Engine: Ensures adherence to industry standards and regulations.

Significant Scientific Methods

AI and Machine Learning Integration: Utilized in smart meeting room solutions and network performance analytics.

Data Analytics: Employed in monitoring and optimization services to enhance operational efficiency.

Leadership Team

Key Executives

Atul Bansal: Co-Founder & Managing Director with over 30 years of experience in IT services, focusing on enhancing customer and employee experience.

Rishi Malhotra: Co-Founder & Director, an experienced entrepreneur known for expertise in finance, HR, distribution, and system integration.

Anurag Saxena: Senior Vice President – Sales (PSU), with 38 years of experience, handling business development related to various public sector units.

Hemant Chadha: Associate Director and Head of Technology, with 33 years of experience delivering technology solutions, leading the pan-India presales team.

Tarun Makkar: Head - Applications & Cloud, a seasoned IT professional with over 20 years of experience in application development and cloud workloads.

Competitor Profile

Market Insights and Dynamics

The Indian IT services market is characterized by rapid digital transformation, increasing demand for cloud services, and a growing emphasis on cybersecurity. Velocis competes with both large multinational corporations and regional players, necessitating continuous innovation and customer-centric solutions.

Competitor Analysis

Avendus Capital: A financial services firm offering investment banking, asset management, and wealth management services.

Six Park Asset Management: An Australian-based investment management firm specializing in automated investment solutions.

ASKIM: A real estate and construction company operating in India.

Strategic Collaborations and Partnerships

Cisco: Recognized as one of the top Cisco partners in India, leveraging Cisco's networking solutions.

NetApp: Partnered to offer data infrastructure modernization and artificial intelligence solutions.

Operational Insights

Strategic Considerations

Velocis differentiates itself through its depth of skills, speed of delivery, and a consistent track record of customer satisfaction. The company's pan-India presence with over 750 support locations and offices in 8 major cities enables it to provide nationwide support to its customers.

Competitive Advantages

Comprehensive Service Portfolio: Offers end-to-end IT solutions, including managed services, ensuring maximum uptime for customer satisfaction.

Experienced Leadership: Led by professionals with extensive experience in the IT industry, driving innovation and growth.

Strategic Opportunities and Future Directions

Roadmap and Expansion

Velocis aims to expand its service offerings in emerging technologies such as artificial intelligence and machine learning, enhance its cybersecurity capabilities, and strengthen its presence in key industry sectors to drive future growth.