Novac Expertise Options is contemplating growth overseas

Chennai: “We’re utterly based mostly in India, however we need to increase into the US, UK, Center East and South Africa. Now we have spoken with some companions and need to increase by way of partnerships and acquisitions, “mentioned NS Nanda Kishore, Director and CEO of Novac Expertise Options, a part of Sriram Worth Companies which manages monetary companies, insurance coverage companies, retail options and digital studying. .

Kishore mentioned that whereas growth plans are at an incipient stage, there may be an effort to get it by way of subsequent 12 months. As well as, he added that the corporate expects development of 20 to 25%, in keeping with the expansion charges of final 12 months.

The pandemic has been useful in its personal method, because it has accelerated the digital adoption course of and supported companies of their digital transformation course of, he mentioned.

“Because of Covid, the velocity of implementation of digital initiatives has elevated. Now we have obtained a number of requests for our options and have had nice success in BFSI, retail and e-learning,” mentioned Kishore .

Furthermore, he added that the largest change is that with lots of their clients, round 60% of recent enterprise is completed on cellular solely. He defined that though the identical options had been accessible earlier than, this sort of adoption was not there.

“Nearly all finance firms have their core methods accessible and there was a digital journey for fairly a while. However within the final 12 months or so, it is accelerated as a result of these with sturdy cellular apps and net platforms are those who’re in a position to bear in mind and talk. with clients, ”he mentioned.

Consequently, this results in inserting the implementation of digital options on the high of the precedence listing and the businesses that supply these technological options are experiencing sturdy development.

As an organization, Kishore mentioned Novac is investing closely in its cloud infrastructure and has linked up with many cloud answer suppliers. For his or her e-learning centered on company studying, the corporate invests in AR and VR options.

Comments are closed.