55% Revenue Growth Rate in 2018 for Calsoft

Calsoft Inc. released its annual revenue growth statement declaring a growth rate of 55% in the end quarter of 2018.

The company delivers product engineering and professional services in storage, networking, virtualization, cloud, IoT and analytics domains.

Calsoft also shares strategic partnership with VMware, ServiceNow, Microsoft and SNIA to enable technology innovation and growth.

“I believe our achievements speak for themselves, and it is particularly gratifying to witness Calsoft’s business progression through a successful 2018. As the demand for services and new-age datacentre products continue to rise, Calsoft is at the forefront of building innovative, cutting edge technology products and services for leading ISVs and telecom service providers across the globe. If we look in the hindsight, we’ve grown on an average of 50% year over year. We have devised some great new IPs and are also spearheading the market in advancing new technologies like edge computing, AI, ML, etc.,” stated Parag Kulkarni, COO and engineering head, Calsoft.

Clientele
Calsoft has expanded its customer base with signing long term contracts in the areas of HCI, SD-WAN, network and end-point security, all-flash storage solutions, OpenSDS, usability engineering, NFV MANO and containerization technologies including Kubernetes, Docker, MesOS. The company has also signed new customers as part of offshore/onsite engagements in the areas of datacenter engineering, cross-hypervisor replication research, data protection and more. The clientele gamut entails well-established companies and start-ups.

Calsoft is associated with businesses rendering – disruptive technologies like – IoT real time safety applications, AI, advanced analytics management and edge computing, and is doing some work for IoT platform companies.

Contributions to the industry
Calsoft contributed to the industry via local educational events around storage and virtualization, as well as by being the ‘SNIA Premier Partner’ at the SNIA SDC 2018 event.

At the SNIA SDC, Bengaluru, Calsoft’s experts outlined the progressive trends in the areas of new-age datacentres, and won accolades for a keynote by Yogesh Anyapanawar, AVP Calsoft. In an educational event along-with SNIA T/E/N group, the company presented an outlook on how datacentres will amalgamate with areas such as AI, ML and data analytics. The keynote was presented by Nitin Singhvi, who leads the datacenter networking BU at Calsoft.

Calsoft last year has its engineers contribute in the OpenStack Queens, the 17th version of the most widely deployed open source cloud infrastructure software contribution to upstream OpenStack.

In August 2018 at VMworld, company’s senior architect Tushar Tarkas reviewed VMware vRealize operations and gave his insights on how to integrate third-party applications, as well as appliances, with vROps for monitoring and capacity planning purposes.

Hiring
Calsoft added some people to its management and engineering teams in 2018. Thechanges included addition of BU level VPs and directors to steer the growth strategy. The engineering organization added senior directors and architects in areas such as NFVi, cloud native, cloud security, microservices, CloudOps, Chatbots, analytics, test engineering and in general across storage and virtualization technology stack.

Plans for 2019
The organisation is currently experiencing a growth rate of 55%. While the company has enjoyed success, they predict the future numbers to be as outstanding. By the end of this financial year, the management plans to grow its top-line by 50%. Although the figure is challenging, going by the pace the organisation is growing at, the target seems achievable. Calsoft’s aim is to be the leading services vendor in the datacentre domain while it plans to venture into newer areas such as Blockchain, AI, ML, and geographies like EMEA and APAC.

Firm’s existing markets provide opportunities for future growth and so the company will continue to invest in technology, infrastructure and human resources.