Yakkaservices Company Profile

Background

Yakkaservices, officially known as Yakkaspace Services Private Limited, is a private IT services and consulting firm established in 2018. Headquartered in Thanjavur, Tamil Nadu, India, the company specializes in providing innovative IT managed services and infrastructure solutions. Yakkaservices is committed to delivering high-quality services with prompt after-business support, aiming to empower businesses with sustainable and reliable technology.

Vision: To be a holistic IT-enabled global service provider, empowering businesses with sustainable and reliable technology.

Mission: Empowering businesses with reliable and innovative technology solutions, while delivering unparalleled customer service and building long-lasting relationships based on trust, integrity, and mutual respect.

Key Strategic Focus

Yakkaservices focuses on delivering comprehensive IT solutions tailored to various industries, including education, hospitality, ITES, manufacturing, SaaS, and healthcare. Their core services encompass:

• IT Managed Services: Cloud services (Amazon Web Services, Microsoft Azure, Google Workspace, Microsoft 365), infrastructure services, and storage & backup services.

• IT Infrastructure Services: Collaboration, security integration, network design and implementation, IT consulting, and server implementation.

The company emphasizes a customer-centric approach, ensuring that their solutions are customized to meet the unique needs of each client, thereby enhancing operational efficiency and productivity.

Financials and Funding

As of the fiscal year ending March 31, 2023, Yakkaspace Services Private Limited reported:

• Total Revenue: ₹2.93 million

• Net Sales: ₹2.81 million

• Total Expenditure: ₹4.24 million

• EBITDA: -₹1.31 million

• Profit After Tax (PAT): -₹2.16 million

• Net Worth: -₹2.16 million

• Total Assets: ₹7.54 million

• Total Debt: ₹7.85 million

The company has secured funding through various channels, including a charge with City Union Bank Limited amounting to ₹3.00 million registered on June 16, 2022.

Leadership Team

• Sandeep Azhagan: Founder and CEO. Appointed on June 9, 2018, Sandeep has been instrumental in steering the company's strategic direction and growth.

• S S Balaji: Co-Founder and Chief Marketing & Branding Officer. Balaji has played a pivotal role in establishing the company's brand presence and marketing strategies.

• Dhanaraj Vetrivel: Chief Technology Officer. Dhanaraj oversees the technological advancements and service delivery, ensuring the company stays ahead in the competitive IT landscape.

Competitor Profile

Market Insights and Dynamics

The IT services and consulting industry is highly competitive, with numerous players offering a wide range of solutions. The market is characterized by rapid technological advancements and a growing demand for digital transformation across various sectors.

Competitor Analysis

Yakkaservices faces competition from both global and regional IT service providers. Key competitors include:

• Cognizant: A multinational corporation offering IT services, including digital, technology, consulting, and operations services.

• Tata Consultancy Services (TCS): An Indian multinational IT services and consulting company known for its comprehensive service portfolio.

• Infosys: A global leader in technology services and consulting, providing business consulting, information technology, and outsourcing services.

• Wipro: An Indian multinational corporation that provides information technology, consulting, and business process services.

• Accenture: A global professional services company with leading capabilities in digital, cloud, and security.

Strategic Collaborations and Partnerships

Yakkaservices has established partnerships with over 35 leading Original Equipment Manufacturers (OEMs), including:

• Microsoft Azure

• Amazon Web Services (AWS)

• Veeam

• Avaya

• Cisco

• Google Cloud

These collaborations enable Yakkaservices to offer a diverse range of solutions and stay abreast of technological advancements.

Operational Insights

Yakkaservices differentiates itself through a customer-centric approach, emphasizing:

• Customized Solutions: Tailoring services to meet the specific needs of clients across various industries.

• Smarter Experience: A dedicated team committed to enhancing client experiences through innovative strategies.

• Excellent Support: Prioritizing outstanding customer support to set the company apart in the region.

Strategic Opportunities and Future Directions

Yakkaservices aims to expand its global footprint by leveraging its partnerships and technological expertise. The company is focused on:

• Innovation: Continuously developing and integrating new technologies to offer cutting-edge solutions.

• Market Expansion: Exploring opportunities in emerging markets and industries to diversify its client base.

• Talent Acquisition: Attracting and retaining top talent to drive growth and maintain a competitive edge.

Contact Information

• Website: yakkaservices.com

• Headquarters: Thanjavur, Tamil Nadu, India