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Innova Solutions has been recognized by CIO Applications Magazine as the exclusive recipient of “Top 25 BI and Analytics Companies - 2017,” based on our proprietary methodology, reflecting its position in the industry, and is also named among “,” reflecting its broader leadership. This profile has been developed by the CIO Applications research and editorial team based on insights from an interview with Raj Velagapudi, CEO & President.
Raj Velagapudi, CEO & PresidentIn order to remain ahead of the global competitive curve, contemporary enterprises are at the crossroads of shifting their strategic focus towards Digital Transformation. “We, at Innova, address this need by developing deep-domain proficiency on the building blocks of achieving digital transformation—cloud, data analytics, digital application development, lean governance and information security,” affirms Raj Velagapudi, CEO and President of Innova Solutions. Innova has efficiently expedited digital transformation for clients ranging from Fortune 500 to mid-size businesses, by deploying five critical transformational service components—Cloud, Automation and Orchestration Services, Analytics & Information Management Services, Digital Application Development, Lean Governance Models, and Information Security Services.
In addition, Innova Solutions addresses another critical component for business to ensure its relevance in today’s digital economy - Responsive Analytics and Information Management. At present, the primary challenges facing enterprises are efficient and economic storing of the massive volumes of data, collected from on-premise applications, cloud, and IoT devices. This follows conversion of raw data into actionable insights that support the decision-making systems. Innova’s Analytics & Information Management (AIM) mitigates these challenges by delivering a robust set of big data and analytics offerings that cater to the entire range of enterprise data needs. The firm’s AIM specialization branches into the five service lines—Data Management Services (Discovery, Validation, Co-relation, Refining & Secure all data assets)—Data Analytics Services and Cognitive Solutions for Automobile—BFSI and technology sectors.
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We, at Innova, address this need by developing deep-domain proficiency on the building blocks of achieving digital transformation
“To address new-age data challenges and business potentials, we foster a dedicated practice that specializes in building solutions with leading edge technology enablers,” states Raj. Innova’s Data Bot Framework, a configurable, rules based, and intelligent self-learning engine, aids enterprises by automating manually performed activities such as data sourcing, extraction, and preparation. This engine leverages robust NLP and Machine Learning techniques to deliver superior efficiency levels pertaining to automated data ingestion, extraction, and enrichment. Moreover, Innova’s Nephele suite of frameworks— NepheleOps, NepheleDomain, and NepheleConfig—offers an integrated monitoring and management experience for cloud and on-premise infrastructure deployments. The Infrastructure-as-Code utility automates deployment and configuration of active DirectoryForests and domains. This also includes a custom-built Infrastructure-as-Code library of SparkleFormation templates for the deployment and configuration of enterprises’ technology resources.
To cite an instance, Innova Solutions implemented a Master Data Management (MDM) solution to assist one of the world's fastest growing automobile manufacturers in monetizing their services and offerings, as they lacked a complete and actionable view of the customers. Their existing CRM system was not only focused on non-proprietary life cycle interactions but also led to inaccurate data mastering, which resulted in redundant data requests and increased costs. Innova’s MDM solution, developed as a comprehensive customer data repository, included multiple dimensions from vehicle sales and dealer service maintenance to Vehicle Quality Issues and Legal Actions. With the implementation of consistent data quality rules and data standardization process, the client gained a better understanding of each customer’s total worth and influences to create actionable and meaningful customer segments. The solution also enabled the company to extend the master data to frontline business processes and analytical applications leading to an improved customer experience.
“We are intensely client-focused and truly thrive to deliver solutions beyond customer’s expectations,” asserts Raj. At present, Innova Solutions is heavily investing in critical customer engagements to expedite cognitive solution delivery driven by Machine Learning and Deep Learning capabilities. Apart from AIM services, the firm is working on innovative solutions to address payment needs and leverage newer breakthroughs in FinTech sector—distributed ledger and blockchain. Backed by a core leadership team that has over 15 years of experience, coupled with in-depth knowledge of managing large-scale, mission-critical infrastructures, Innova, today, is uniquely positioned to deliver transformational services to businesses in need.
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