Altimetrik: Case Study, Company Profile, Founding Team, and Many More

Introduction:

The business services category of Inc. magazines 2022 Best in the Business list has been named to Altimetrik, a global pure-play digital business and digital transformation organization. The award recognizes businesses that utilise their influence to make the world a better place, whether it is through the development of ground-breaking goods or services, efforts to make their sector more sustainable, aiding underserved populations, or supporting social causes.

Zesium offers business clients services for creating mobile applications. Both the Android and iOS platforms are used to construct the applications. The services include both front-end and back-end application development.

Java, C#, .NET, and Ajax are among the technologies employed. In addition, it creates machine intelligence, deep learning, and NLP solutions for businesses. Applications for mobile devices including Gazprom, Suuni, Duo, and John Deere RTI are part of its portfolio.

Company Highlights:

Company Name	Altimetrik
Headquarter	Southfield, United States
Industry	digital transformation and solutions partner
Founded	2012
Founder	Raj Vattikuti
Website	https://altimetrik.com/

Altimetrik About:

With the help of Digital Talent, Product Engineering, Data Engineering, Advanced Analytics, and an improved and nimble DevOps methodology, it helps global enterprise customers with their digital transformation and offers solutions.

This helps customers become market-ready exponentially faster. Altimetrik, which has its headquarters in Southfield, Michigan, employs more than 2000 people throughout a number of nations, including Singapore, India, Uruguay, and the United States.

Altimetrik, a company founded in 2012, provides cutting-edge technological solutions to the banking and financial services, healthcare, manufacturing, automotive, and startup industries. Through its exclusive Playground environment, the firm aids clients in putting together the best talent, energising their teams, instilling a development mindset, and innovating business models to meet their objectives with speed, reusability, and agility.

Industry:

According to Raj, technology has been spurring innovation across industries for some time, and the rate is just accelerating. The development of digital technology in recent years has drastically and permanently altered our way of life. In the past 20 years, more change has occurred than in the previous two centuries combined.

Businesses are being compelled to abandon traditions and modernize themselves in order to stay competitive by disruptive technology and their ongoing progress. Data analytics solutions give firms a competitive edge with faster and highly scalable insights for swift decision-making. Data is essential to business.

It is transformative because it challenges long-standing business paradigms, but developments in this field should make technology use simpler by making it more responsive to business needs. Artificial intelligence and robotics advancements are expanding the capabilities of robots in every aspect of business.

Robots are already performing ever-expanding tasks that combine mechanisation, cognitive, and learning capacities in safer and more capable ways. By allowing humans to spend more time concentrating on cutting-edge research, AI will make computers more intelligent, self-learning, and cognitive than they were previously.

Before machines can equal human performance across the spectrum of cognitive functions, however, enormous technological obstacles still need to be overcome. Innovations in the IoT sector have improved the connectivity of the physical world beyond simply computers by uniting all devices, objects, and entities in a single network.

Machines are becoming smarter, more accessible, and more intelligent. And the development of cloud technology has made it possible by enabling remote access to information, systems, and the physical environment. These technologies are just as disruptive as electricity, wheels, steam engines, etc., but it is up to us to improve how these technologies function strategically to improve how we live.

Altimetrik’s approach to doing business with its clients is distinctive in a few respects. It collaborates with customers to assess the gaps and obstacles in its company environment and then proposes a creative business solution that can quickly, precisely, and effectively produce the necessary results.

Playground is the primary distinction that created this special position. It is how the business operates. The Playground ecosystem offers its employees a digital workspace where they can collaborate and work, an innovation platform where they can come up with ideas and create intellectual property, product engineer solutions for clients, and partner with the greater industry ecosystem.

In order to address any of their transformational issues, including people, engineering, and cooperation, we have teamed with some of the most prestigious financial, automotive, and manufacturing companies.

Founder & Team:

Raj Vattikuti is an American-Indian business leader, philanthropist, and entrepreneur. He is the Altimetrik Corp.’s founder and chairman. It was established in 2012. There are 6 executives at Altimetrik. Raj Sundaresan currently serves as the company’s CEO.

Startup Story:

A recognised business leader and technological visionary, Raj Vattikuti is the founder and CEO of Altimetrik. Over the past forty years, he has had a significant impact on the development of the global IT industry. In 1985, Raj formed Covansys Corp., which he later sold to Computer Science Corp.

In addition to Synova Inc., Vattikuti Technologies, Vattikuti Ventures, and Davinta Technologies, Raj has founded a number of other prosperous business enterprises.

In order to develop a worldwide business that can stimulate digital change by introducing a holistic strategy and enabling a new emergent culture in enterprises, he founded Altimetrik in 2012. He thinks that businesses that make a difference in the future will not just be concerned with new technologies but also with how they evaluate and develop the people already working for them or joining their organization.

Mission & Vision:

Altrimetrik’s endorsement of the UN Sustainable Development Goals shown its dedication to societal and local wellbeing. The company raised the standard of living for 63 children battling HIV and cancer and improved the lives of 1,019 children in nine shelter homes by providing basic hygiene items and fulfilling holiday wishlists.

It also raised the standard of living for 1,808 students in the classroom by developing a digital literacy programme and providing scholarship support. Altimetrik additionally promoted environmental sustainability, lifestyle improvement, and rural development in India by sanitising ponds, planting 500 trees, and giving hundreds of households vocational training.

It was established to be a unique IT firm that assists organisations in key industries including healthcare, manufacturing, banking and financial services, startups, and the automotive sector in taking the digital leap and transforming with confidence. In order to advance strategic transformation efforts that are in line with the ultimate aim of giving more power to the customer, Altimetrik has partnered with industry leaders in various fields over the past six years.

To provide superior experiences, the organisation facilitates the quick launch of new digital enterprise platforms on the cloud. Utilizing in-house resources like technology, personnel, and assets to enable and promote innovation aids in business scaling and simplification.

They aim to leverage the power of digital transformation and achieve business results more quickly and with less capital and resource investment by working with clients and integrating with partner ecosystems. Their in-house ecosystem, Playground, handles the talent, culture, and technology aspects of transformation. In order to conceptualize, prototype, and bring ideas to market with breakneck speed and with maximum efficiency, it brings together teams that are extremely collaborative and explorative.

This is how the business operates, designs, and engineers enterprise platforms with consistency throughout the organization to boost sales, cut expenses, and improve customer value. Today, Altimetrik has collaborated on transformational projects with some of the most fascinating businesses in the world. We act as a catalyst and collaborator in helping our client’s business models advance as they transform the globe.

Name & Logo:

It was purchased by Computer Science Corporation in 2007 and was founded in 1985.

Business Model:

In the Business Services market categories, it provides B2B services. ALTIMETRIK, CORP. is the only organisation that Altimetrik is connected to.

Revenue Model:

By extending commercial operations in metropolitan metros and Tier 2 locations all throughout India, Altimetrik, a U.S.-based provider of digital business enablement, continues to flourish in India. Because more businesses are investing in digital business, the company has seen substantial double-digit sales growth this year. In addition to its current operations in Bangalore, Hyderabad, Pune, and Chennai, the company has built a new facility in Jaipur.

For the company’s expanding worldwide clients in the industries of BFSI/Fintech, Automotive/Manufacturing, Retail/CPG, and Pharma/Lifesciences, India continues to be an essential source for top talent and plays a significant role in delivering results.

Around 27 new clients from various industry sectors have been added to Altimetrik’s present portfolio globally. In Mexico, Poland, the UK, and the US, new development centers and offices have been established. We are expanding quickly in India since there is a wealth of outstanding engineering expertise. The India Technology Center is still essential to our global delivery and growth.

Products & Services:

The most reputable business media brand in the world, Inc., provides company owners with the information, resources, community, and connections they need to create successful enterprises. Each month, more than 50 million people access its multiplatform, award-winning content through a range of platforms, including websites, newsletters, social media, podcasts, and print.

Since 1982, it has compiled the coveted Inc.5000 list, which uses firm data analysis to identify the fastest-growing privately held companies in the US.

The ability to interact with a select group of their peers and the confidence that comes with ranking among the top 5000 companies allows the founders of the greatest companies to grow their firms and attract top talent. The related Inc. 5000 Conference is a component of a renowned roster of unique events created by Inc.

Funding & Investors:

No funding round has been done yet.

Altimetrik Employees:

Because Altimetrik values a multicultural and inclusive workplace, we provide initiatives including WINGS, Rebound, Stride, and NCG. This, in our opinion, results in better problem-solving, judgement, creative solutions, and employee satisfaction. The expected per-employee income for Altimetrik is $211,104. Altimetrik employs 4509 people.

The number of employees at Altimetrik increased by 11% in the previous year. According to G2 Stack, Altimetrik Corp. utilises 68 software and service products, including HTML5, jQuery, and Google Analytics. According to BuiltWith, Altimetrik Corp. is actively utilising 117 technologies for their website. These include Amazon, Google Universal Analytics, and Domain Not Resolving.

Challenges Faced:

• Without a single trustworthy source.
• Absence of a business-led strategy with a results-oriented focus.
• Insufficient cloud-based digital business platform (DBP)
• Using a big bang strategy to transform rather than a gradual one.
• Not embracing an agile digital culture.

Acquisitions:

It was purchased by Computer Science Corporation in 2007 and was founded in 1985. A private, unlisted firm called Altimetrik India Private Limited was established on July 21, 2003. It is based in Bangalore, Karnataka, and is categorised as a private limited business. Its entire paid-up capital is INR 27.52 billion, and its authorised share capital is INR 29.50 billion. The current expected yearly revenue for Altimetrik is $951.9M.

The operating revenue range for Altimetrik India Private Limited for the fiscal year ending on March 31, 2022, is over INR 500 cr. Its EBITDA has increased over the previous year by 20.57 percent. At the same time, it’s book networth has increased by 292.21 %.

It was purchased by Computer Science Corporation in 2007 and was founded in 1985. A private, unlisted firm called Altimetrik India Private Limited was established on July 21, 2003. It is based in Bangalore, Karnataka, and is categorized as a private limited business. Its entire paid-up capital is INR 27.52 billion, and its authorized share capital is INR 29.50 billion. The current expected yearly revenue for Altimetrik is $951.9M.

The operating revenue range for Altimetrik India Private Limited for the fiscal year ending on March 31, 2022, is over INR 500 cr. Its EBITDA has increased over the previous year by 20.57 percent. Its book net value has also improved by 292.21% over this time.

Growth:

Over the past year, Altimetrik has had significant growth, adding over 2,000 new employees since June 2021, all while enhancing employee engagement and introducing initiatives to empower women in the workforce. Globally, 550 women have been hired as a result of the WINGS initiative, which empowers and allows women to achieve greatness in both work and life.

In the meantime, the Rebound programme provides step-by-step support, technical training, and interpersonal skills development to experienced women technologists who took a career sabbatical so they can resume their professional journey. To give employees a single location to interact, engage, inspire, and develop as effective practitioners through a variety of features, platform integrations, and a gamified user experience, Altimetrik has developed DEX, a digital employee engagement platform.

Partners:

There are no specifics.

Competitors:

• These businesses are situated close to and in the same industry as Altimetrik. While some firms fight with their neighbors for customers, others may do so to recruit qualified workers. –
• Group Ves.
• Hc Michigan, Altimetrik, and Technosoft.
• Prize Reason.
• Webrunners.

Awards & Achievements:

• Altimetrik has received widespread acclaim in a number of papers on benchmarked research for the sector:
• Gartner recognised Altimetrik for its technological skills in numerous Gartner hype cycles, including Mobile App Development, Mobile Testing, IoT, and Altimetrik.
• Nasscom-Altimetrik was one of the industry 4.0 influencers thanks to Digital India, the Engineering R&D Council of NASSCOM, DietY, and the Indian government (GOI).
• IDC – Industry 4.0 Influencers through Digital India, the Engineering R&D Council of NASSCOM, DietY, and the Indian Government (GOI).
• Listed as one of the top 10 partner-led IoT solution providers by ABI Research.

Future Plan:

Organizations need to invent strategies to quickly cater to changing market needs and advance toward continuous improvement if they want to stay ahead of the competition.

The goal of innovation and transformation is to improve speed to market, improve customer experience, and achieve business results. These changes have an impact on every level of the organisation. Altimetrik will therefore keep concentrating on finding new methods to grow its business, implement beneficial reforms, and provide value.

Therefore, it is crucial for firms to develop an innovation model and maintain it with the necessary mentality and cultural shift. The company’s main focus areas include hiring the best talent with the necessary mindset, whether it be a product engineering mindset or a digital culture-oriented mindset, transforming them to be industry trends aligned, and giving them an innovation platform so they can continuously innovate and come up with new ideas.

FAQs :

What does Altimetrik do?

Altimetrik India Private Limited is a business that develops software. The business offers platform and solution engineering, cloud apps, and enterprise solutions. Additionally, Altimetrik India provides automation of tools, information and knowledge, and development and testing.

When was Altimetrik founded?

A non-government organisation was established in 2012.

Who is the founder of Altimetrik Corporation?

Raj Vattikuti is an American-Indian business leader, philanthropist, and entrepreneur. He is the Altimetrik Corp.’s founder and chairman.

Who are the main competitors of Altimetrik?

The rivals of Altimetrik are Mindbody, Robosoft, Appfire, and OnStation.

Is Altimetrik a product based company?

Our digital business methodology provides a blueprint to develop, scale, and launch new products to market faster.

What is the notice period in Altimetrik?

According to AmbitionBox, 56% of the it’s employees reported a notice period of 2 Months, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 3.6k responses on AmbitionBox in last 2 years.

Which is better Altimetrik or TCS?

“Good work culture” was the most mentioned Pro at Tata Consultancy Services. “Work life balance” was the most mentioned Pro at Altimetrik. Tata Consultancy Services had 2,275 more reviews than Altimetrik that mentioned “Work life balance” as a Con. “Decent company for freshers.”

How many rounds are there in Altimetrik?

Altimetrik interview process usually has 5 rounds. The most common rounds in the Altimetrik interview process are Technical, Resume Shortlist and Behavioral.

Is altimetrik a MNC?

It is classified as a private limited company and is located in Bangalore, Karnataka. It’s authorized share capital is INR 29.50 cr and the total paid-up capital is INR 27.52 cr. Altimetrik India Private Limited’s operating revenues range is Over INR 500 cr for the financial year ending on 31 March, 2022.

Is Altimetrik work from home?

Work from home option is based on the project that you are deployed in 4.

Conclusion:

Instead of telling a Altimetrik that they won’t succeed, explain how to accomplish it to them if they are unsure. Giving kids a platform to study is crucial, and the business must avoid imposing its ideas excessively. Both sides must benefit from the experience. Technology sales are a major burden for many CIOs and CTOs.

However, they can determine what technology can fit in to change their operations if they can comprehend what is influencing consumer behaviour. Altimetrik is concentrating on the former in the context of digital transformation as there is currently a need for a trusted advising model rather than a sales model from IT services businesses.