innovation

Businesses today deserves better services, solutions, and applications that are ready to go, easy to setup/use, and require minimal customization, believes Innova Solutions, a global information technology company combining a global reach with a local touch. Headquartered in Santa Clara, California, Innova Solutions was set up with a thought that with its broad array of proven, tested, cost effective, and enterprise‑scale technologies and services that leverage latest delivery models it can deliver high value in the cloud, data, payments, infrastructure and across complex inter‑connected environments. The company is on a mission to guide today’s enterprises through technology transformation towards new technologies and new service models to grow the business value of IT. Many Fortune 1000 companies use Innova’ suite of services precisely because of its flexibility and capabilities. Wide Range of Solutions Innova’s solution offerings are strongly coupled with its core service offerings to deliver business value for its customers. Its flagship data science solution, iDSp (Innova data science platform) has helped the company build chatbot solutions, image and information extraction solutions for its customers. Its continuous compliance and monitoring solution has enabled Innova Solutions’ infrastructure customers generate real time dashboards of their security and compliance. Investing in Right Knowledge The greatest investment Innova believes in is right knowledge. It assists financial services firms to reduce costs, drive efficiencies, be compliant, and build better decision making systems with implementations, system integration, data analytics, and business process outsourcing, using unique financial and engagement models. Holistic Payment Platform The payments arena is radically changing nowadays. People are using all sorts of devices (e.g. Via smartphones and tablets) to shop, pay the rent/bills, book a trip, or make any other types of transactions. Companies blend forces to facilitate the “ready-to use payment system” as we see it nowadays. Innova’s payment solutions are designed to deliver simple, fully digital, secure, and fast payment ecosystem. Backed by prominent payment experts, the company enables payment strategy of businesses by configuring all their payment needs like governance, certifications, and market implementation. Its payment services provide simplified payment solutions for businesses of all sizes. Finance and blockchain experts at Innova are helping transform the digitization of commerce by creating and deploying a real-time, peer-to-peer digital payment platform. Its payment platform is holistic and helps enterprises of any scale to manage their payments and make timely pay-outs using an intuitive solutions and powerful API with ISO 20022 messaging support. Smart Edge, its all-in one integrated platform allows clients to add funds in multiple ways and make payouts to customers, vendors, or partners, via different payment options such as cross border payments, remittances or even through cards. It is single platform for payment network, issuer processing and acquirer processing. It comes with value propositions such as per transaction costs, costs of capital and annual spend (~40%), real time engine with peak TPS 20,000 availability at 99.999, Open interface and API based platform built on commodity hardware, multi-level data security, advanced threat mitigation, and rich crypto primitives. Besides, the platform comes with next-generation AI/ML-based reconciliation services. With all payment information of businesses in one place, it is striving to make them a more organized and efficient business owner. Accelerating Business Transformation Innova Solutions is a unique mid-size player with strong focus on Cloud, Infrastructure, Application and Data Services that are aligned to business functions and processes. Since inception, Innova is intensely client focused, specializing on enterprises seeking to raise profitability and optimize their cost with increased agility and innovation, improving IT efficiency and lower operational risk, all while accelerating business transformation. With expertise in handling complex enterprise environments, Innova helped enterprise clients navigate the challenging integration of the cloud with large scale legacy environments through transformation and automation and the application of best practices and state of the art tools. Leveraging Innova’s services and offerings, customers have realized costs savings of up to 30%, performance improvements of 20-30%, enhanced security, and improved application performance guarantees that meet or exceed customer requirements. Exemplifying Proficient Leadership An elite team of Innova Solutions is led by its CEO and President, Raj Kumar Velagapudi. Raj has built three companies in the last 15 years from ground up globally and had successful exits. Prior to Innova Solutions, Raj served as the CEO and President of Fortify Infrastructure Services, which later merged with Mphasis Limited. Post the merger, Raj served as Executive Vice President, Member of the Board, and Head of Infrastructure Services at Mphasis Limited, an HP company. Raj holds an engineering degree in Computer Science from Madras University, India. At Innova Solutions, Raj has retained the leadership team over the journey by sharing the success. His focus has always been on mid to large enterprises offering strategic value to them on recurring longterm basis. He invested in midlevel leadership as the innovation team to learn about the customers and provide continuous improvements as technology evolved. He has enjoyed giving back to the community globally over the 20 + years. Ensuring Flexibility, Scalability, & Extensibility Innova employs more than 1,600 technology experts worldwide, which helps the company to focus on multiple projects at the same time, with field offices and delivery centers in New York, Chennai, Bangalore, Hyderabad, Pune, and Taipei. All its employees are skilled and spaced across geographies. With a strong middle management, it customizes services/solutions to customers’ business needs and priorities. It also helps to reduce the complexity of adopting next-generation cloud, and data analytics services without making costly investments and ensure flexibility, scalability, extensibility, and quick turnaround. “We earn the trust of our customers – that has been the success story for us – unconditional trust – not driven by a contract. Our customer knows that they have Innova as an organization committed to them,” asserts Raj.…