Calsoft Reports 50% YoY Growth, Signs Long-Term Engineering Contracts

The company signed-off FY 2018-19 with multi-year, multi-million dollars R&D and development projects, doubling up its employee strength and expanding with new development center in Bengaluru.

San Jose, CA, May 22, 2019 --( Calsoft Inc., a global leader in delivering product engineering and professional services across Datacenter and Cloud Technologies, released its annual revenue growth statement declaring a 50% growth for its financial year ending March 2019.

“Over the past year, we have increased strategic investments in the capabilities and services most sought-after by our customers. Central to our strategy is the flexibility that we offer to our customers in meeting their business goals,” stated Anupam Bhide, Founder and CEO, Calsoft.

“We have seen stellar growth in our legacy business and will continue to see a rise as we engage in multi-year contracts with Fortune 500 companies,” stated Parag Kulkarni, COO and Head of Engineering, Calsoft. “We project the same growth next year with our focus on pioneering solutions in disruptive technologies,” Parag quoted.

Engineering and Technology Leadership
While the company continued focus on Data center and Cloud domains, it added Telecom to its portfolio by delivering 5G ready NFVi solutions across four NFVi Stacks, for three large ISVs. Calsoft’s engineering delivered cutting edge solutions in Microservices/Containers (Kubernetes, Docker, Mesos) Security, Application Performance Management, Edge computing, Neural Network Architectures, Natural Language Processing and Deep Learning to new clients.

Calsoft augmented its engineering leadership team with key appointments last year. Vipin Shankar joined Calsoft as VP of Engineering to lead new technology services. Calsoft also added two Engineering Directors and three new architects to its technology ladder.

Calsoft expanded its customer base with long term strategic contracts with three of the Top-5 newsmakers in the IDC’s list of worldwide Storage and Virtualization vendors. The company also acquired new customers in disruptive areas such as IoT, ML/DL and WiFi.

Contributions to the industry
Calsoft was a Premier Partner for SNIA Storage Developer Conference in India. The company also sponsored India’s 3rd Open Infra Institute Day as a contribution to the Opensource community. Yogesh Anyapanawar, Calsoft’s VP Technology, was appointed to SNIA India technical council. The council serves as the prime authority for laying the advancement strategies and growth pillars for Storage and Virtualization technologies in India.

Outlook for FY 2019-20
Calsoft anticipates a 40-45% growth for financial year 2019-20 in revenue and technology proliferation. Calsoft’s existing markets provide significant opportunities for future growth and company will continue to invest in technology, infrastructure and human resources.

Calsoft also shares strategic partnership with VMware, ServiceNow, Citrix, Microsoft, NASSCOM and SNIA to enable technology innovation and growth. Earlier in 2019, Calsoft joined the NASSCOM’s partnership program to Israel, which was intended at exploring business and investment opportunities, strengthening business relations by collaborating on new projects, and seeking Technology partners.

About Calsoft
Calsoft is ISV preferred product engineering services partner in Storage, Networking, Virtualization, Cloud, IoT and analytics domains. Our solution accelerators and frameworks augment go-to-market plans and expedite product launches to meet customer business goals. With the US headquarters in San Jose and India headquarters in Pune, Calsoft also has presence in Bangalore.
Calsoft Inc.
Apeksha Deshpande