G7CR Technologies, a global information technology, consulting and cloud services company, has crossed the Rs 100 crore revenue mark.
G7CR Technologies expects to double the revenue and cross Rs 200 crore by next financial year. The Indian cloud computing market, currently at $2.2 billion, is expected to grow to $4 billion by 2020 with an annual growth rate of more than 30 percent.
The company has also announced 42 percent average appraisal to reward employees across the cloud division.
The company has been recognised globally for its technical capabilities driving cloud success journeys for businesses from industry verticals such as Banking, Insurance, Manufacturing, Healthcare, PSUs, Education, Retail and IT. It has global technology partners like Alibaba, Amazon, Digicert, Microsoft and Softlayer, among others.
“We were anticipating to cross Rs 100 crore figure by March 2020. The growing demand of Cloud in India especially from small and medium enterprises has helped the company achieve its target well in advance,” Christopher Richard, managing director and chief cloud architect, G7CR Technologies India, said.
The company plans to expand its presence in European market, South East Asian market and the Middle East. Within India, the company plans to tap the businesses in metro cities but also Tier 2 cities as well in order to reach the small and medium enterprises.
G7CR Technologies India is an Expert Azure Managed Services Partner driving cloud transformation for over 800+ businesses across India. The company provides cloud hosting services on Microsoft Azure packaged with all related support services for free.
The company’s services include managing cloud servers, monitoring cloud deployments, cloud architectural design, cloud security services, cloud governance services, 24×7 telephonic support and implementing advance technologies like power BI, analysis services, artificial intelligence, bots and machine learning.