About S A Tech Software India Limited

S A Tech Software India Limited (“SAT”) centered in Pune and Bengaluru, is an IT consulting Subsidiary Company of foreign body corporate SA Technologies Inc, USA. They are an AI-driven IT consulting company, offering scalable IT outsourcing solutions and Global Development Centers (GDCs) that enhance business agility and efficiency. Their services range from individual support to largescale enterprise transformations, providing the flexibility to scale from 1 to 1000 professionals as needed. Their GDCs drive innovation and R&D, deliver cost-efficient solutions, ensure stringent quality assurance, and provide 24/7 operations. Their Company has experience of catering to global as well as domestic customers since more than a decade. Their company has entered into a Service Partnership with their holding Company to cater to the needs of foreign clients. They service to a diverse portfolio of clients ranging from small to Enterprise ones, offering products and digital solutions. With the benefit of global presence, they bring together diverse teams from different parts of the world with multiple skills to collaborate in real time and solve complex technological problems for our clients. They have a diversified global presence across USA and Canada because of their Parent and Group Companies. They have had long lasting relationships with some of their clients who have shown deeper trust in their services. Due to the long- standing relationships with some of their enterprise clients, they have been able to garner the trust of other clients and has provided a balanced mix of stability and growth with revenue stability and further growth opportunities. 

In a world that is becoming increasingly complex, with shortening product innovation timelines and rapid technological change, they believe that their globally distributed onshore-offshore service delivery capability helps them to suitably address their clients’ requirements. They leverage their deep Information Technology knowledge to deliver value-added services to their clients in support of their digital transformation initiatives including Application development, mobile apps development, Cloud infrastructure, Software Quality assurance, generative AI, machine learning, IoT solutions, data science and analytics.

They are a CMMI (Capability Maturity Model Integration) certified company. It is a significant milestone for their company, reflecting their commitment to excellence and continuous improvement. Capability Maturity Model Integration for Services (CMMI Services) Maturity Level 5 certification underscores the pinnacle of process improvement and service excellence in the IT sector, solidifying their global presence.

INDIAN IT INDUSTRY
The IT & BPM sector has become one of the most significant growth catalysts for the Indian economy, contributing significantly to the country’s GDP and public welfare. The IT industry accounted for 7.4% of India’s GDP in FY22, and it is expected to contribute 10% to India’s GDP by 2025. 

As innovative digital applications permeate sector after sector, India is now prepared for the next phase of growth in its IT revolution. India is viewed by the rest of the world as having one of the largest Internet user bases and the cheapest Internet rates, with 76 crore citizens now having access to the Internet. 

The current emphasis is on the production of significant economic value and citizen empowerment, thanks to a solid foundation of digital infrastructure and enhanced digital access provided by the Digital India Programme. India is one of the countries with the quickest pace of digital adoption. This was accomplished through a mix of government action, commercial innovation and investment, and new digital applications that are already improving and permeating a variety of activities and different forms of work, thus having a positive impact on the daily lives of citizens.

India’s rankings improved six places to the 40th position in the 2022 edition of the Global Innovation Index (GII).

According to the National Association of Software and Service Companies (Nasscom), the Indian IT industry’s revenue touched US$ 227 billion in FY22, a 15.5% YoY growth, and was estimated to have touched US$ 245 billion in FY23. In 2022, the Indian domestic IT & Business Services market was valued at US$ 13.87 billion and recorded a 7.4% year-over-year (YoY) growth as compared to 7.2% in 2021. 

IT spending in India is expected to increase to US$ 110.3 billion in 2023 from an estimated US$ 81.89 billion in 2021. The Indian software product industry is expected to reach US$ 100 billion by 2025. Indian companies are focusing on investing internationally to expand their global footprint and enhance their global delivery centers. The data annotation market in India stood at US$ 250 million in FY20, of which the US market contributed 60% to the overall value. The market is expected to reach US$ 7 billion by 2030 due to accelerated domestic demand for AI.

India's IT industry is likely to hit the US$ 350 billion mark by 2026 and contribute 10% towards the country's gross domestic product (GDP), Infomerics Ratings said in a report. As an estimate, India’s IT export revenue rose by 9% in constant currency terms to US$ 194 billion in FY23. The export of IT services has been the major contributor, accounting for more than 53% of total IT exports (including hardware).

BPM and engineering and R&D (ER&D) and software products exports accounted for 22% and 25%, respectively, of total IT exports during FY23. Exports from the Indian IT industry stood at US$ 178 billion in FY22. Export of IT services was the major contributor, accounting for more than 51% of total IT export (including hardware). BPM and engineering and R&D (ER&D) and software products export accounted for 20.78% each to total IT exports during FY21. The ER&D market was expected to grow to US$ 42 billion by 2022. 

The IT industry added 2.9 lakh new jobs taking the industry’s workforce tally to 5.4 million people in FY23.

Global Capability Centres: India’s transition from Global Delivery Centre to Global Capability Centre
Global capability centers, also known as GCCs or GICs, are offshore units of multinational corporations that operate across the globe. These centers are responsible for providing various support services, such as IT, finance, human resources, and analytics, to their parent organizations. Earlier, these units were primarily established to offshore back-office processes, but that is not the case today. GCCs of today handle more complex line items across the organization’s value chain. They have become centers of operational excellence, product development, and innovation hubs. 

India is home to more than 1,800 global capability centres, which employ over 1.3 million people. These centers have played a significant role in India's economic growth, providing high-quality employment opportunities, and contributing to the country's GDP. These GCCs, which represent global companies in India, are spread across sectors including technology, engineering, consulting, and many more. In fact, the country’s large pool of talented and skilled professionals, cost-effectiveness, and supportive government policies have made India the preferred destination for many such innovation hubs. 

Cities like Bengaluru, Hyderabad, Delhi NCR, Mumbai, Pune, and Chennai are the most popular destinations, offering a conducive environment for global capability centres in India, with their robust infrastructure, access to talent, and supportive ecosystem. US-headquartered firms account for the majority of the operational GCC footprint in the top 6 cities of India, followed by European firms (35%). The share of APAC-based GCCs is currently quite less but is ramping up, backed by regional unicorns. In addition, office stock occupied by GCCs across the top six cities has crossed 200 mn sq ft and is growing rapidly with time.

S A TECH SOFTWARE INDIA LIMITED STRENGTHS
1. Experienced Promoter and Qualified Senior Management Team
2. Scalable Business Model
3. Strategies
4. Their Customer- Centric Approach
5. Marque set of clients
6. Exclusive Agreement for Certain Domains
7. In- House Expertise/Human Resource

S A TECH SOFTWARE INDIA LIMITED STRATEGIES
1. Artificial Intelligence (AI) and Machine Learning (ML)
2. Data Science and Analytics
3. Software Development and Engineering
4. Digital Transformation and Automation
5. Cloud and DevOps Services
6. Quality Assurance and Testing
7. Financial Snapshot

S A TECH SOFTWARE INDIA LIMITED RISK FACTORS & CONCERNS
1. The length of their sales cycle may fluctuate significantly and depends on several external factors which may result in significant fluctuations in their revenues.
2. Any IT system failures or lapses on part of any of their employees may lead to operational interruption, liabilities or reputational harm.
3. They may not be successful in implementing their business strategies.
4. Their business derives a major portion of its revenue from their users in India & Overseas.