What we do EverestIMS Technologies Ltd is an IT software company offering AI-powered SaaS and on-premise IT solutions including ITSM, AIOps, ITIM, and ITAM to optimize enterprise IT operations. |
Founded in 2,017 |
Market share Emerging player in the ITSM and AIOps SaaS market with growing domestic and international presence via subsidiary Infraon Corp in the USA. |
Problem solved Helps businesses reduce IT downtime, improve service delivery, and streamline IT operations with AI-enabled monitoring and management solutions. |
Top clients or who we serve Serves B2B clients across industries requiring IT infrastructure and asset management, including enterprises leveraging cloud and on-premise IT. |
Key management - |
Our journey and innovations Founded in 2017, converted to public limited in 2024; launched SaaS product Infraon Infinity and expanded internationally via US subsidiary in 2021. |
Where we operate Primarily India with expansion into the United States through subsidiary Infraon Corp; also serves international markets via channel partners. |
Top products or what we offer Flagship SaaS product Infraon Infinity offers comprehensive IT monitoring, ITSM, AIOps, ITIM, NCCM, and ITAM solutions; also provides on-premise OSS software. |
Top brands Infraon Infinity - AI-powered ITSM and AIOps platform; recognized for facilitating remote monitoring and IT operations optimization. |
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Recurring vs cyclical contribution Majority of revenue from recurring SaaS subscriptions with additional income from on-premise software sales and services. |
Our industry position Niche IT SaaS provider with growing footprint, leveraging AI to differentiate in IT service and infrastructure management markets. |
Financial highlights Revenue Rs. 65.12 Cr, Net Profit Rs. 13.14 Cr for FY2024, nearly doubling profit from previous year, strong growth trajectory. |
Geographical revenue split Domestic revenue approximately Rs. 61.19 Cr; Export revenue about Rs. 3.93 Cr as of FY2024. |
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Whats driving growth Growing enterprise demand for AI-based IT service management solutions, international expansion, and increased SaaS adoption. |
Our future plans Plans include scaling SaaS offerings, expanding international market reach, and pursuing IPO to fuel growth. |
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Our people and values Fosters innovation-driven culture with employee stock option programs and focus on technology excellence. |
Key challenges ahead Competition in SaaS IT management space, scaling international operations, and sustaining innovation pace. |
Interesting facts Converted from private to public limited in 2024; operates US subsidiary Infraon Corp to drive SaaS growth abroad. |
Risks and strategy Minimal risk profile with plans to mitigate competitive pressures through innovation and channel partnerships. |
