Debasis Mohapatra
Bengaluru, 24 September 2024
Sound growth of Microsoft Cloud augurs well for All E Technologies(Alletec)’ future prospects as the company is one of the biggest Microsoft Dynamics 365 digital transformation partners in India.
“Microsoft is an important platform that we base our offerings on…Microsoft… announced their FY’24 earnings (recently). Overall Microsoft Cloud has grown 22%, of which the Azure and other cloud services have been 30%, and Dynamics 365 has grown 20%. So, these numbers incidentally are amongst the largest in the industry. So, the core on which we are working is doing well globally, which augurs quite well for our growth as well,” Ajay Mian, Managing Director of All E Technologies (Alletec) has said during the Q1FY25 analyst call.
During the first quarter, the company drew 26% of its revenue from professional services, while trade and distribution has contributed around 14%, manufacturing at 13% & food and beverages 12%. The green energy and EPC contributed 9% to its overall revenue.
The company uses the full Microsoft Stack for providing various platform offerings related to identity, security management, and compliance among others. It also uses Microsoft Azure for the Cloud, the Power platform for low code, no code in which Microsoft 365, Dynamics 365, Data and AI sitting on this foundation.
“We also work with other technologies, which are non-Microsoft technologies. Whenever we find that a solution is available, better and sometimes maybe cheaper without compromising quality, and from open source maybe, then we will go ahead and do that. But Microsoft still forms the core of most of the work that we do,” Milan has said.
Meanwhile, the company is planning to acquire firms for building up capabilities.
“Our first priority is to get more wallet share from our customers….With the broadening of our offerings, we are working to pick up the adjacent revenue to what our initial offerings have been, so that the customer’s reliance becomes higher. And that is what results into increasing percentage of repeat and recurring revenue,” Milan has added.
