Evolutyz corp plans expansion in India

​Hyderabad: Evolutyz Corp, a city-based IT services and products company, is planning to expand its operations in India. Ranked as the fastest growing company for three years in a row by Inc. 5000, the company was also awarded with Excellence in IT products and Services at GES 2017 (Hyderabad, India) by Asia Inc 500.

“Evolutyz serves over 60 prestigious clients globally with offices across three continents and head count of over 200 employees out of which 76 are working in Visakhapatnam and 40 in Hyderabad. Evolutyz Corp's focus is to increase the headcount to 2000 employees and triple the market cap by 2020,” said Srinivas Arasada, Chief Technology Advisor. 

He added, “We are very confident on reaching our targets as our new age offerings Evolutyz Innovation Labs (EIL), Evolutyz Center of Excellence (ECOE) and Evolutyz Technology Advisory Services (ETAS) will be key revenue drivers for us. We have invested deeply in building IP and have been able to deliver immense value to our clients.”

"We are fairly optimistic about the growth with the right team, products and partners in place. The company’s current market cap is $25M and we are aiming $50 million in two years and $100 million in five years”, said Evolutyz CMO and Board Director Raghavendra Hunasgi.

 The company has on-boarded some of the world's key thought leaders as advisors and observers like Dr. Bridgette Chambers (ex-board member of SAP Americas user group) and Dr Tumennast Erdenebold (Chief advisor to Govt of Korea on Blockchain) this month.