MSys Technologies: 35% Y/Y Revenue Growth in 2019

In 2019, MSys Technologies LLC witnessed a growth trajectory of 35% Y/Y revenue that was anchored on the ISV, enterprise, and FinTech charter, an surpassed some set strategic, operational and financial targets.

Here is an annual roundup 2019 of its modus operandi with an extended capital arm for ambitious product visions.

ISV and Enterprise Growth Charter
This year the firm added 5 Silicon Valley enterprises and storage ISVs to its list of clientele resulting in 35% Y/Y revenue growth. This number includes multi-year growth plan projections, which are pillared on respective product roadmaps.

Sanjay Sehgal, CEO, commented: “2019 has played a pivotal role for us in becoming the trusted partner and customers’ first choice for business renewal with value and experience as key success metrics. We are upbeat about our ISV, enterprise and FinTech 2020 growth charter with supportive investments. With our clients’ data and application security in mind, we have successfully achieved the ISO 27001 (Information Security) certification across all our locations in India i.e. Chennai, Pune, and Bengaluru.”

Mobinius MSys acquisition in the AI/ML, IoT arena
MSys has been growing its digital services arm throug acquisitions and building internal CoEs. It acquired Clogeny in 2014 and DigiFutura in 2017. Mobinius, this year’s latest acquisition reflects added strength in the AI/ML, Bots and IoT space. This enables MSy to provide end-to-end digital solutions under one roof, across multiple customer touchpoints. Going forward, the Mobinius brand will be MSys’’digital arm.

Expanded Presence in Bengaluru, India
The Mobinius acquisition has expanded MSys growing presence in Bengaluru for digital solutions and services and also product engineering services for our valued clientele in the storage industry.

Chennai Office Expansion
Riding on accelerated growth and demand from its client base, the company has further expanded its Chennai, India, operations with new office space. The sprawling new office offers a seating capacity for approximately 400 employees. The office is furnished with infrastructure and facilities that are aimed at providing an optimal work environment for employees. The bright and spacious interiors are flanked with casual workspaces, cabin spaces, and conference rooms.

Industry Awards
This year the firm was honored with 2019 Red Herring Top 100 Asia Winner. The award hallmarks its drive to offer niche product engineering services empowering its Silicon Valley clientele. It was also honored with Tamil Nadu Best Employer Brand Awards 2019.

New Offering – MSys UX Design Studio
MSys UX design studio is an iterative and collaborative arena for sketching, pitching, and analyzing ideas. Focusing on micro-interactions, it employs design thinking, gradient 2.0, AR, VR and Chatbots, social psychology, and behavioral economics simultaneously to bring about vibrant designs and products. MS invests and continually boosts its design proficiencies to deliver innovative products, resulting in enhanced customer retention and a positive brand image.

Thought Leadership at SNIA SDC with Business-Critical Storage Industry Problems
SNIA SDC is a premier storage event. Firm’s engineers are responsible for body of work in the field of storage. It presented three technical papers at SNIA SDC USA 2019 (LSM-Based Storage Techniques, Application Performance Benchmarking and Microblogging Blockchain-Based Encrypted Cloud Storage Architecture); and also at SNIA SDC India 2019 (Recommendation Engine for Data Eviction Policy in CSP).

MSys Accelerator Program
Sunny Raskar, VP sales and marketing, described the MSys Accelerator Program: “The program takes your idea from prototype to product. It is customized per start-up, covering everything from business modeling to customer acquisition. Our community of data scientists, researchers, and founders are committed to your product success with world-class programming and business mentorship. Come, join the thinkers and tinkerers cohort and give yourself an unfair advantage in the digital marketplace.”

Read also:
MSys Technologies: 34% Y/Y Revenue Growth in 2018
Anchored on storage and cloud unicorns
January 24, 2019 | Press Release
33% Yearly Growth for MSys Technologies in 2017
Now with 200 employees
February 12, 2018 | Press Release
MSys Technologies From India Registered 27% Increase in Y/Y Revenue
Employee headcount accounts to almost 40% more than last year.
September 14, 2017 | Press Release
MSys Technologies Growing 55% in 2016
Added Shankesh (Sunny) Raskar as VP sales and marketing, Shriram Pore as associate VP.
February 13, 2017 | Press Release
MSys Technologies Shows Revenue Growth in 2013
25%
February 27, 2014 | Press Release