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Megasoft

Megasoft

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Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

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Overview

Megasoft, incorporated in 1999, is a domain centric, intellectual property driven, technology solutions company in the telecom and IT sectors, acknowledged for its innovative excellence and technical expertise. Megasoft, through its innovative offerings revolutionized the global products, applications and technology platforms.

Over the years Megasoft has developed deep technical and business expertise in select domains that has enabled the company to not only understand its clients, but also provide fast-cycle, competent and cost-effective solutions for increased profitability and greater growth opportunities. Armed with its partnership approach for co-creation of business value, faster understanding and speedier implementation, Megasoft helps unlock potential revenue opportunities for clients.

Megasoft Consultants Inc was established in 1994 in Virginia USA. It is listed on Bombay Stock Exchange. Megasoft, a public listed company that operates out of offices spanning Europe, Asia and America.

The year 2004 was a turning point for Megasoft, when along with acquisitions, mergers and restructuring; the company identified and initiated major strategic transformation, from a service and manpower centric revenue generation to a product, technology and transaction revenue.

The company is currently focusing on telecom as a thrust area, given its strong management and delivery capabilities in these industry domains. XIUS-bcgi, the telecom division of Megasoft is a leading global provider of Advanced Roaming, OSS and Convergent Service Delivery Infrastructure solutions to wireless and wireline network operators and service providers. Strong partnerships with global leaders like HP, Teleglobe and TNZI have given XIUS-bcgi the reach and credibility to build a customer base spanning across Asia, Americas, Europe and the Middle East with over 65 commercial installations to its credit till date.

Business Focus

XIUS-bcgi- It architects infrastructure and mobile solutions that are flexible, scalable and robust, clearing the way for mobile operators to rapidly deliver differentiated services to their customers and stay ahead of the competition.

BlueAlly- This is a strategic shift from the regular consulting and software services to innovating for other products companies and offering conceptualization, creation and realization of technology solutions through its unique product realization methodology

Milestones

  • 1994-Megasoft Consultants Inc (MCI) was incorporated in Fairfax, Virginia, USA.
  • 1999-Megasoft was incorporated in Chennai, India.
  • 2000-Megasoft merges with Indus e solutions, a public listed company and gets listed on Bombay, Chennai, Hyderabad and Ahmedabad Stock Exchanges.
  • 2003-Megasoft acquires MCI and makes it a wholly owned subsidiary.
  • 2004-XIUS India was merged with Megasoft.
  • 2005-Megasoft acquires a German company.
  • 2006-VisualSoft Technologies was merged with Megasoft.
  • 2007-Megasoft unveils BlueAlly, for PLM and specialized ADMS. Megasoft acquires bcgi inc. a US Nasdaq listed company.
  • 2009 - Megastore divests IT services division at BlueAlly
  • 2010- Megasoft creates innovation centres to focus on identification, nurturing, testing and delivery of additional new solutions to the market.
  • 2011 - Launched two new products- Mobile Touch Transaction Active Poster & Mobile Advertising Product, AdBalue.
  • 2012 - Launched a full 10- inch Android based system in the Actice Poster Product Segment
  • Awarded ISO 9001:2008 certification in Quality Management System

Brands Of Megasoft

Brands Of Megasoft

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