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The capital comes at a time of rapid growth and will propel the platform into the mainstream, allowing Builder to open the door for entire categories of companies that could not consider it before.
What are the solutions in your portfolio and how do they address the concerns of SMBs?
Engineer.ai is an app development and cloud solutions, provider said Sachin Duggal. We make technical and creative knowledge accessible to every builder with a dream. Our platform creates an assembly line for building and operating the software with the help of AI and a marketplace of teams comprising of people from across the globe.
Our business model consists of three important pillars: Builder, Builder app insurance and CloudOps.
Builder or BuildCare is a platform where the end-to-end app is built for the customer. Builder app insurance is used by the customers to choose an insurance in order to ensure that the built software is always working and up-to-date. The third pillar, CloudOps, is a platform which allows customers to buy both prepaid and postpaid cloud computing. It is delivered either from AWS or Azure more affordable than going directly to those vendors.
Present day organisations are engulfed in a myriad of problems and that’s what our business model is trying to solve said Sachin Dev Duggal Engineer.ai. These include:
- Cost (as app development is not affordable for everyone)
- Technical Knowledge
- Time
- Resources
- Quality
What has been the response of the Indian market towards your offerings?
The response to the services of Engineer.ai has been tremendous. Since 2012, we have over $60 million of aggregate revenue in 3 years with growth targets of reaching a $200m in revenue in 3 years. We have had a CAGR of 180% year on year since inception (global figure).
Who are your prime customers?
Our main cadre of customers include entrepreneurs or what we call ‘builders’. We are especially helpful for dreamers, innovators, founders, startups, e-commerce businesses and small business owners. In short, anyone who wants to be the engineer of their own life.
What is the market potential of your services for the Indian horizon?
In the rapidly growing world where every day brings forth a new invention and technology, introducing automation to businesses is the key to survival and growth. We are trying to make the transformation possible by automating businesses and bringing like-minded people together. The number of people building tech is increasing exponentially with an overall market size of $4 trillion.
Read full article @ https://www.pcquest.com/sachin-dev-duggal-engineer-ai-present-day-organisations-engulfed-myriad-problems-thats-business-model-trying-solve/