Crayon Software Records Strong Results in FY 2018; Major Chunks from Cloud Analytics

The company registered 52%YoY revenue growth & 63% net profit in FY2018
The growth has been fueled by securing significant deals in Pharma, Manufacturing, IT, ITeS & BFSI sectors
The partner ecosystem has increased by 100%


Crayon Software Experts, a global leader in technology and digital transformation services, today announced its impressive YoY growth of 52% in India. With a strong understanding of the competitive Indian IT market dynamics, Crayon’s exponential growth is backed by securing significant deals in verticals like Pharma, Manufacturing, IT, ITeS & BFSI.

In the coming years, Crayon plans to get into multi-cloud strategies. The company is planning to pursue more tie-ups with cloud vendors to help customers in their cloud acceleration and the digital transformation journey.

We are pleased with our fiscal results. It indicates our industry readiness and Crayon being on the right path strategically. We will continue to invest in high growth areas such as digital, cloud services, which strengthen our leadership position in the Indian market. Our growth strategy, investment plans and innovation-led approach are certainly resonating with our clients. With our robust business model and strong partner ecosystem, we are well-positioned to continue gaining lion’s share in market and delivering value to our customers,” said Vikas Bhonsle, CEO at Crayon Software Experts India.

Digital transformation is reshaping the way we live, work and operate. For conducting smooth business and interacting with our customers, we need to inculcate latest technologies in our offerings. This is something we have already started working on. We aim to adopt latest technologies like Blockchain, AI and ML in our offerings. AI churned with business intelligence is definitely transforming businesses and we want our customers to enjoy these bespoke solutions,” he added.

Crayon helps organizations by demonstrating its ability to meet customers’ evolving needs in today’s dynamic digital era. With ‘SAM Centric Philosophy’, robust software and cloud analytics practices, Crayon ensures that the optimisation and licensing advice they provide for clients is always solidly grounded in a comprehensive understanding of customers’ IT estate. In its constant endeavour to fulfil customers’ ever-evolving demands, Crayon team is continuously working with leading technology publishers and hyper scale cloud partners.