Spokesperson- Pinkesh Kotecha, Chairman and Managing Director of Ishan Technologies
1. Sherwin :- Tell us the overview of operations and business strategy?
Mr. Pinkesh :- Ishan Technologies has been a key player in the Indian ICT industry for more than 23 years. With a strong nationwide presence, we aim to provide a range of technology solutions to businesses across various sectors. Our offerings include reliable and simplified technology solutions, and we are known for the expertise in system integration and connectivity solutions. The company has successfully implemented projects across different industries, including retail, enterprise, and government institutions.
Over the past year, Ishan Technologies’ Network Services division has experienced an impressive growth rate of 30%. This growth is consistent with the company’s YoY revenue, which has been growing at an average rate of 46.85% over the past three years. In the last financial year, Ishan Technologies achieved a total turnover of more than INR 350 crores. Looking ahead, the company is formulating its targets for the upcoming financial year, building on its success and continuing to provide reliable technology solutions to its clients.
This growth was due to the fact that, we ensure that we meet the specific needs of our clients, offering customized solutions that are tailored to the client’s needs. Our team of experts works closely with clients to understand their business processes and challenges, and to identify areas where technology can make a significant difference
2. Sherwin :- What is the growth potential of Ishan Technologies?
Mr. Pinkesh :- Ishan Technologies has great growth potential in the future due to its strong nationwide presence, diverse range of technology solutions, and expertise in System Integration, Data Centre & Cloud Services, Network Services, and Security Services. As technology continues to play a vital role in the business landscape, Ishan Technologies is well-positioned to provide businesses with the tools and resources they need to thrive. In particular, cyber security, data centers and cloud solutions have seen a massive rise in demand due to digitalization. Additionally, with a successful track record of implementing pan-India projects, the company is poised to expand its reach and take advantage of emerging opportunities in the Indian market.
The adoption of cloud-based services, digitalization of businesses, government initiatives to promote digitalization, increasing demand for remote work and collaboration tools, and the growing e-commerce market in India have all contributed to a rise in demand for reliable and high-speed connectivity solutions. Enterprises require efficient communication between employees, customers, and partners, and as a result, there is a growing need for enterprise connectivity solutions such as VPNs, leased lines, and other dedicated connectivity options, one of which is SD WAN that not only offers seamless communication but also has added layers of security.
3. Sherwin :- What are the insights on industry trends?
Mr. Pinkesh :- The one key trend in ICT that has been observed is the increasing need for customizations. A standard approach to ICT may not be adequate to address specific requirements and challenges of every business. Customized ICT solutions can be tailored to the specific needs of a business, ensuring it has the necessary tools and technologies to succeed. Customers are now looking at working with a reliable ICT provider that offers tailored solutions to stay agile, competitive, and innovative.
Some of the trends are as follow:
Artificial Intelligence – AI is driving the development of more sophisticated data analytics tools that can process and analyse large volumes of data in real-time. Integrating AI can help in developing custom made services for different business for different needs like AI powered Video analytics, chatbots, virtual assistants and other AI powered applications.
Increased Adoption of 5G – 5G promises faster data transfer rates, lower latency, and increased capacity, enabling the deployment of new applications and services. As a result, the adoption of 5G is expected to revolutionize various sectors such as healthcare, transportation, manufacturing, and BFSI.
Increased Focus on Cyber Security – The adoption of new technologies such as the Internet of Things (IoT), cloud computing, and artificial intelligence (AI) has also introduced new security challenges that require advanced cyber security solutions. As a result, the ICT industry is investing heavily in research and development to provide cutting-edge cyber security solutions to their clients.
4. Sherwin :- What is the projected size of the industry and market share?
Mr. Pinkesh :- Recent reports from International Trade Administration have projected that the Indian information technology (ICT) market will grow to $1 trillion in 2025. These figures indicate that the ICT sector is expected to continue its steady growth in the years ahead, driven by the increasing adoption of emerging technologies like cloud computing, artificial intelligence, and 5G networks. This growth is being fueled by rising demand for ICT solutions across multiple industries, including retail, healthcare, BFSI and government. As businesses continue to invest in digital transformation initiatives, the ICT industry is poised to play an increasingly critical role in driving innovation and growth across the global economy.
5. Sherwin :- What are the expansion plans of the year?
Mr. Pinkesh :- Our organization focuses on four key business offerings: System Integration, Data Centre & Cloud Services, Network Services, and Cyber Security Services. With our pan-India presence, we have ventured into the “as a service” portfolio and have partnered with several data center operators to complete our infrastructure as a service offering. We aim to provide end-to-end solutions to our clients and continue to grow our business both domestically and internationally. Ishan Technology is currently in discussions with global partners, particularly hyper scaler global partners, as we aim to expand our operations and move into SAARC and APAC countries within the next five years.