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42% Y/Y Revenue Growth for MSys Technologies in 2022

Increasing unicorn clients to dozen

So what’s the definition of a ‘good company’ in a hyperactive and vocal world aspiring towards a tech propelled utopian society? Would the transition from a ‘good to great company’ based solely on corporate profits and shareholders returns? And if revenue is a leading indicator, why doesn’t the list of happiest countries match with leading economies of the world? Welcome to ‘Information Age’, where MSys Technologies LLC, a software product engineering and digital transformation services firm, redefines corporate growth in its annual retrospective.

Employees first world
MSys ‘Culture of Care’ is a dedicated team that takes care of all employees well being across employee lifecycle from recruitment to firm’s alumni network that results into career employees as firm’s ambassadors.

Driven by customer purpose, coupled with product engineering passion
Sanjay Sehgal, founder, chairman and CEO, said: “All of us have brands we love, software products we engage and apps we follow with almost religious fervor. One common pulse – Software Product Engineering Teams that build and manage them. And that’s what MSys specializes in. Our GDCs are forward-thinking software outsourcing hubs focused on leveraging our experiential customer intimacy models and technological advancements at scale for delivery excellence. At the end of the day, we bet on both – (product) engineering and our engineers (people).”

Customer intimacy models that inspire trust
Sunny Raskar, VP and global head, sales, and marketing, illustrates: “Our product engineering and digital transformation services team build a customer-centric culture that inspires trust and brand affinity for mutual success. We build close, mutually beneficial relationships with our customers to help them accelerate their time-to-market, product roadmaps, increase their market shares and architect perennial revenue streams. This enables MSys to deliver personalized, seamless, and omnichannel customer experiences and reinforces customers’ trust.”

Investors and shareholders returns
MSys has registered 41.85% Y/Y revenue growth for year ending 2022, increasing its tally of unicorn clients to more than a dozen in 2022. It signed multi-year, multi-million-dollar deals driven by digital transformations and cloud-native adoptions – and has a lucrative pipeline established for 2023 as well. Company’s Service Models inspire brand loyalty and an enriched and prodigious clientele across all key verticals, viz. storage, fintech, digital transformation, cloud-native engineering, DevOps and more. To ensure continuous delivery, infusing robustness, dependability, and scalability, 600+ MSys-ians (software product engineers) have joined the firm’s bandwagon in 2022.

Forbes Councils member induction
We are honored to welcome Sanjay Sehgal into the community“, said Scott Gerber, founder, Forbes Councils (an invite only group of business CEOs).

Forbes Councils communities provide actionable advice to your most pressing business questions.

Forbes Council is the perfect platform that will allow me to share my accrued business acumen derived from my Serial Entrepreneurship. And help peers to reach their potential ultimately contributing back to various industries and global economy“, said Sehgal.

MSys engineers on global rostrums
In 2022, MSys aficionados presented their R&D work from its CoEs as thought leadership and expertise on global platforms like:

  • SNIA Storage Developer Conference – USA, India and EMEA
  • RedHat AnsibleFest, Chicago, IL
  • ChefCon, USA
  • HashiConf Global, Los Angeles, CA

Industry limelight – awards and accolades
In 2022, key wins were:

  • SDC awards
  • Open Source/DevOps Innovation of the Year – Winner
  • Hyper-convergence Innovation of the Year – Runner Up
  • 2022 Georgia Titan 100 (Sehgal)

Environmental, social, And governance (ESG) impact
It is firm’s endeavor to reduce our carbon footprint and the company has set goals to reduce its overall energy consumption across all its offices by 10%-15% in 2023 through smart energy and IoT enabled solutions. Also, it has set a goal to further enhance gender diversity by at least 10% in 2023.

Growth announcements
The firm is strapped on a fast growth trajectory complimented with its product engineering and digital transformation services prowess. Recently, it inducted 2 new VPs into engineering leadership – Karthik Bhagawan and Shankar Balakrishnan to accelerate the following:

  • Business growthThe company plans to increase its revenue by 50% towards the end of the year 2023. It plans 5x growth by 2025 with 10,000+ employees
  • GDC expansions – It plans to expand globally and open new GDCs in USA, Australia, and APAC regions
  • MnA growth – It is on acquisition spree to expand its storage engineering and digital transformation capabilities. It will acquire 1 or 2 companies by end of the year 2023
  • New solution accelerators – It plans to launch SaaS based project management tool for ISVs and enterprises in 2023

MSys accelerator program
Sameer Danave, senior director marketing, expounds the 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 market strategists, SMEs, data scientists, researchers, and especially Founders are committed to your product success with world-class programming and business mentorship. Come, join the cohort of thinkers and tinkerers, and give yourself an adroit advantage in the digital marketplace.”

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