"We will be a billion dollar company in the next five years" says the founder of MSRcosmos
· MSR Cosmos Group makes their presence felt in the domain of IT
· "An Inspiration for the new start-up Companies" - MSR Cosmos Group.
Hyderabad, 03 July, 2022: MSR Cosmos Group APAC Annual Meet was held at Avasa Hotel Hyderabad on July 2nd 2022. MSR Cosmos Group which started with one employee is now a known name on in the domain of Information Technology. MSRcosmos Group is a fast-growing multinational IT services company offering technology solutions to Fortune 500 clients across the globe. The MSRcosmos Group is now planning to broaden its reach with the existing business and is also keen on introducing a new offering to the Indian market that helps small B2B businesses to make them reach more consumers with little or no investment.
MSR Cosmos Group which clocked a revenue of 1700 crores is now aiming for the 1.5 billion dollar revenue. They are also keen on providing solutions to the small vendors so that they can withstand competition from the big e-commerce players.
Standing strong on the philosophy of promise delivered orchestrated via staunch delivery commitments, path-breaking solutions, highly differentiated talent, and a methodical approach MSR Cosmos has done some excellent work in the domain of Information Technology . Founded by power couple Mr.Sivagopal and his wife Mrs. Devi Kondappa MSR Cosmos is helping various Fortune 500 companies by offering them technology related solutions. They have been a part of digital transformation journey of various companies by using emerging technologies like Cloud, Data, AI, Analytics, ERP, RPA, and Blockchain. The MSRcosmos Group holds more than 14 companies primarily segmented under technology, commercial and non-profit business entities.
The technology group has witnessed 15X growth in the last 3 years reaching up to US$150 million from US$10 million. This exceptional growth has resulted from multiple acquisitions which the MSR group had made in the United States including a strong technology partnership foundation across the competency areas of Cloud, Data, AI, Automation, and Enterprise Applications. Some of these partners include names and industry giants such as Microsoft, SAP, Cloudera, Snowflake, Good cloud, Red Hat etc. The Company acquired 7 companies contributing $95MM+ revenues over the last 3 years.
Mr. Sivagopal Modadugula moved to the USA in early 2000’s and bagged themselves good jobs in some of the renowned global companies in the IT sector. However, the free time in evening often went in pondering about the many others who like them had stepped in a new country & were still looking for jobs. From part time interest to provide a source of income to other household’s while building something fun, the employee strength soon grew from 10s to 100s and this is when the duo started MSRcosmos, a global IT services and solutions company specializing in cloud, data, artificial intelligence, applications and automation.
On this occasion Mr. Sivagopal said that ," I cannot imagine being who I am or achieving anything without the support of my wife, Devi Kondapi, Co-founder and CEO of MSRcosmos Group. She has been an instrumental pillar of support and encouragement throughout this journey. She brings her best at managing the organization the company while I focus on strategies, said Siva. As of now, I just need to keep doing what’s right for the company, employees and the society. The MSRcosmos Group plans to broaden its reach with the existing business and also plans to introduce a new offering to the Indian market that helps small B2B businesses to make them reach more consumers with little or no investment".
MSRcosmos heads Mr. Sarath, CFO, Mr. Vedavyas, COO, Mr. Pradeep Kumar, APAC Head & Mr. Balaji, Director products were participated.