Velocis Systems Private Limited: Comprehensive Company Profile

Background

Established in 1995 and headquartered in Noida, Uttar Pradesh, Velocis Systems Private Limited is a prominent IT solutions and services provider in India. The company specializes in delivering comprehensive digital transformation services, including Public Cloud, Enterprise Networks, Digital Workspaces, Data Centre and Hybrid Cloud, and Cybersecurity solutions. With a team of over 1,200 professionals, Velocis has successfully engaged with more than 950 businesses across various sectors such as mid-market, manufacturing, BFSI, Government/Public Sector, and e-commerce. The company's mission is to empower organizations by providing future-ready technology competencies that enhance business value and competitive advantage.

Key Strategic Focus

Velocis Systems emphasizes accelerating clients' digital transformation journeys through a suite of specialized services:

• Enterprise Networks: Designing and implementing robust network infrastructures to support seamless business operations.

• Cybersecurity: Providing comprehensive security solutions to protect organizational assets from evolving threats.

• Cloud Solutions: Offering multi-cloud management and migration services to optimize cloud environments.

• Digital Workspaces: Creating collaborative and efficient digital environments for enhanced productivity.

• Data Centre and Hybrid Cloud: Delivering scalable and resilient data center solutions integrated with hybrid cloud capabilities.

The company leverages advanced technologies such as Software-Defined Networking (SDN), automation, and artificial intelligence to deliver these services, targeting mid-market enterprises and large organizations seeking comprehensive IT solutions.

Financials and Funding

As of the fiscal year ending March 31, 2023, Velocis Systems reported a turnover exceeding ₹1,000 crore, reflecting consistent growth and a strong commitment to innovation. The company's authorized capital stands at ₹6.50 crore, with a paid-up capital of ₹6.18 crore. In the financial year 2022, Velocis experienced a 10.94% increase in total revenue compared to the previous year. However, the company faced a 28.07% decrease in profit and a 1.79% decline in net worth during the same period.

Technological Platform and Innovation

Velocis Systems distinguishes itself through proprietary technologies and innovative solutions:

• BullsEye: An IT infrastructure monitoring tool featuring real-time analysis, automated root cause analysis, and an end-user self-help portal. It integrates seamlessly with existing IT tools and utilizes natural language search capabilities.

• Observer: A network health monitoring tool providing insights into network performance and potential issues.

• Compliance Engine: A platform ensuring network compliance and facilitating ecosystem integration.

These platforms incorporate advanced scientific methodologies, including machine learning algorithms, to enhance IT infrastructure management and operational efficiency.

Leadership Team

Velocis Systems' leadership comprises seasoned professionals with extensive experience in the IT industry:

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

• Rishi Malhotra: Director and Co-Founder, known for expertise in Finance, HR, Distribution, and System Integration.

• Ashok Gupta: Director with over 33 years of experience, leading the company's e-governance initiatives.

• Sandeep Aggarwal: Chief Financial Officer, a certified Chartered Accountant and Cost Accountant with 23 years in IT services.

• Sanjay Srivastava: Senior Vice President - Data Centre & Hybrid Cloud, bringing over 37 years of experience in technology solutions.

• Rajiv Madan: Head – Customer Experience, with a career spanning over 30 years in operations, services sales, and business development.

• Rajiv Thakur: President - GO4GST, leading innovation and automation initiatives.

• Amit Uppal: President & Head - Strategic Business, with over 30 years in the IT and Telecom sector, spearheading Velocis's cybersecurity charter.

• Suumit Sharma: Senior Vice President, leading the Cisco Commercial Business in North India.

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

• Hemant Chadha: Associate Director, Head of Technology with 33 years of experience delivering technology solutions.

• Divakar Chaubey: Associate Director, heading operations in Southern India with over 23 years at Velocis.

• Santosh Bansal: Head International Business, with over 36 years in IT services, focusing on global client relationships.

Competitor Profile

Market Insights and Dynamics

The IT services and consulting industry in India is highly competitive, characterized by rapid technological advancements and a growing demand for digital transformation solutions. Companies in this sector are focusing on integrating emerging technologies such as artificial intelligence, cloud computing, and cybersecurity to meet evolving client needs.

Competitor Analysis

Velocis Systems operates alongside several key competitors:

• IBM: A global leader in IT services, offering a broad range of solutions including cloud services, AI, and cybersecurity.

• Cisco: Specializes in networking hardware and software, providing comprehensive IT solutions with a focus on network security and infrastructure.

• Microsoft: Offers a wide array of IT services, including cloud computing, software solutions, and enterprise services.

These competitors have established significant market presence and continue to innovate in the IT services domain.

Strategic Collaborations and Partnerships

Velocis Systems has formed strategic partnerships to enhance its service offerings:

• Cisco: Recognized as one of the top Cisco partners in India, Velocis has received multiple awards, including the Global Commercial Partner of the Year 2024.

• Amazon Web Services (AWS): Achieved AWS Managed Service Provider (MSP) Partner status, enabling the company to offer advanced cloud solutions.

• Crestron Electronics Inc.: Collaborated to inaugurate the Crestron Sightline Experience Centre, showcasing advanced hybrid collaboration technologies.

These partnerships strengthen Velocis's market position and innovation capacity.

Operational Insights

Velocis Systems differentiates itself through:

• Depth of Skills and Speed of Delivery: A team of over 1,200 professionals ensures rapid and efficient project execution.

• Nationwide Support: With 130+ support locations and offices in major cities, the company provides extensive coverage across India.

• Comprehensive Service Portfolio: Offering a wide range of IT solutions, from network infrastructure to cloud services and cybersecurity.

These factors contribute to Velocis's strong market position and competitive advantage.

Strategic Opportunities and Future Directions

Velocis Systems aims to:

• Expand Service Offerings: Continue developing innovative solutions in emerging technologies such as AI and machine learning.

• Strengthen Partnerships: Deepen collaborations with existing partners and seek new alliances to enhance service capabilities.

• Geographical Expansion: Explore opportunities to extend services beyond the current operational regions.

Leveraging its current strengths, Velocis is well-positioned to achieve these objectives and drive future growth.

Contact Information

• Website: velocis.in

• LinkedIn: linkedin.com/company/velocis-systems

• Headquarters: Noida, Uttar Pradesh, India