What we do Octaware Technologies Ltd is a software development and IT consulting firm providing enterprise solutions across healthcare, education, telecom, government, and manufacturing sectors globally. |
Founded in 2,005 |
Market share Established player in IT solutions with Microsoft Gold Partnership and CMMI Level 3 certifications, serving Fortune 500 clients worldwide. |
Problem solved Helps clients optimize operations by delivering custom software products, enterprise portals, cloud services, analytics, and AI-driven automation solutions. |
Top clients or who we serve Serves B2B clients in healthcare, telecom, education, government, retail, BFSI, and manufacturing sectors globally. |
Key management Mohammed Aslam Khan (Managing Director), Siraj Moinuddin Gunwan (Whole-time Director) |
Our journey and innovations Founded in 2005, transitioned to public company in 2015, pioneering low-code, AI, IoT, cloud security, and enterprise management solutions. |
Where we operate India, UAE, Qatar, USA, Saudi Arabia with delivery center in Mumbai and offices in Middle East and North America. |
Top products or what we offer Software development, ERP/CRM implementation, cloud infrastructure, PowerERM, Hospice, iOnAsset, IntelliTrade, RealWin, Life2Care, eDocNet. |
Top brands PowerERM, Hospice, iOnAsset, IntelliTrade, RealWin, Life2Care, eDocNet, eQuire |
Raw materials needed - |
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Recurring vs cyclical contribution Revenue primarily from software services and enterprise solutions, a mix of recurring contracts and project-based engagements. |
Our industry position Recognized Microsoft Gold Partner and ISO certified, maintaining competitive standing in enterprise IT solutions and consulting. |
Financial highlights FY 2025 consolidated revenue Rs 1587.87 lakhs with net profit Rs 28.19 lakhs, showing recovery from prior year's loss. |
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Whats driving growth Growth driven by digital transformation demand, innovation in AI, cloud computing, and strategic partnerships. |
Our future plans Focus on enhancing AI and cloud offerings, expanding global footprint, and developing new products to boost growth. |
Our green promise - |
Our people and values Committed to ethical governance, employee welfare, diversity, and inclusive work culture. |
Key challenges ahead Competition from larger IT firms, technology disruption, and market volatility. |
Interesting facts Has served Fortune 500 clients since inception and holds multiple certifications including ISO and SEI-CMMI Level 3. |
Risks and strategy Mitigates operational risks via strong internal controls; aims to diversify clients and innovate product offerings. |