Avekshaa Tech to enter US, Australian markets

The company would focus on banking, insurance and financial industry, telecommunications, retail, and energy and utilities verticals

Having gained a stronghold on the home turf, Bangalore-based Avekshaa Technologies, an architecture-led IT consulting and services startup floated by former senior executives of Infosys, is now accelerating into the next phase of growth by expanding globally.

“With success achieved in India in the last three years by building references and strengthening our intellectual property, we are now ready to tap the US market in six months down the line, and set up a representative office in Australia in two months from then,” said Rajinder Gandotra, managing director and chief executive of Avekshaa.

Avekshaa Technologies has so far executed 30 business-critical projects in India and has created seven IP innovations, while seven more are in various stages of development.

Stating that Avekshaa would focus mainly on the banking, insurance and financial industry, telecommunications, retail, and energy and utilities verticals, Gandotra said the company was targeting to win around four large clients in the US and Australian markets in the first year of its foray.

After piloting with around 10 large customers in India since the last two years, the company has recently launched its Performance, Availability, Security and Scalability (P-A-S-S) platform, which was developed around its core IPs and knowledge-base of use cases.

US-based research firm Butler Group reports that $73 billion is annually lost by the world’s industrialised nations due to poorly-performing IT applications.

“The P-A-S-S platform is a newer approach to manage complexity, investment protection and value extraction from the existing and new IT systems,” he said.