50% Growth Rate for Calsoft in 1Q18

Calsoft Inc. released its half-yearly revenue growth statement declaring a growth rate of 50% in 1Q18.

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

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

“We are excited and thrilled about our growth numbers in 2018. The growth forecast has been exactly the way we predicted, and we are all set to exceed our annual revenue projections too. The basis of continual growth accounts for two major factors: First, our long-term strategic relationship with ‘biggest in the market’ datacenter customers in delivering the promise of excellence and rapid adoption of newer technologies. Second, more than a decade long rich product engineering experience that makes our customers chose Calsoft above all other competitors,” opined Calsoft’s COO and engineering lead, Parag Kulkarni.

He further added: “It’s exciting to be in a niche and dynamic space of datacenter and disruptive, and yet deliver the best of results to our customers and partners, making ourselves the strongest product engineering vendor for delivering services in new-age datacenters, hyperconverged, data protection/security, networking, cloud and IoT. Calsoft always has and will continue to innovate products and services that exceed customer expectations.”

In addition to attending major trade shows and conferences in US such as VMworld, Cisco Live, Dell EMC World, Interop ITX, Calsoft appeared as the Premier Partner in the leading events by SNIA.

Customer expansion and R&D initiatives:
Calsoft expanded its customer base massively with signing of long term contracts in the areas of OpenSDS, application performance monitoring, usability engineering, NFV MANO and HCI. The company also signed new customers as part of offshore/onsite engagements in the areas of datacenter engineering, cross-hypervisor replication research, BDT and more.

There has been a sustained push in newer areas such as data visualization, custom dashboards for IoT platform, and ML-Ops. The engineering unit at Calsoft is committed to delivering R&D solutions in the areas of Day 0 – N automation from on-prem and cloud for hybrid environments, data protection, cloud products (microservices, AWS services etc.), and Openstack for NFV.

Human Resources and leadership changes:
In the mid of 2017, Calsoft expanded its India presence to the IT city of Bengaluru. The new location has helped the company serve the OEM captives in India and sign long term contracts with infrastructure vendors and cloud providers. This strategic move will add multifold to revenues and employee growth resulting in increased market presence.

The company has seen an increase in employee growth rate by 40% since August 2017. Key leadership changes include hiring SVPs and engineering directors with background in datacenter domain.