Evonsys, Inc

Regulation Crowdfunding offering on Dealmaker

$364,674

of $1.23M goal

29.5% funded

About the offering

Midsize enterprises are struggling to transform due to lack of resources and technology. We want to bridge the gap.Vision"To drive service excellence by solving complex business problems through innovative design and quality services." - Arun, Chief Executive OfficerMissionWhile most enterprises have disparate systems working on silos to serve a customer, we focus on customer satisfaction by bridging the gap with our innovative solutions, subject matter expertise, & quality-conscious digital transformation implementation strategies.Customer Pain PointsCan you guess the number of separate software applications you use across your entire business? Factoring the tools used by every team across your organization, these numbers add up quickly. This scenario is common in small and mid-size companies.Let's look at some of the challenges of working with disparate systems:Time lost in manual processesData entry errors that can compromise credibilityRestricted and limited access to informationComplex and Convoluted IT landscapesTraining staff on multiple systems can be arduous!Our SolutionEvonSys specializes in low code platforms which drastically reduce the implementation time. Our agile approach additionally ensures incremental value to the customers.Let us look at some of the benefits low code platforms deliver:Improved agilityDecreased costsIncreased productivityEnhanced customer experienceEffective risk management and governanceHighly flexibleSwifter transformationLow Code Platform Market Globally, the low-code development platform market is fragmented with the presence of many players and big governance challenges, along with smaller vendors cumulatively holding major market share. The vendors with deep pockets in the market are actively involved in making strategic M&A activities, while small companies are involved in product innovation strategies to gain more market share."In recent times, there has been spiking demand for personalized digital transformation." - Prasanna, Executive Vice PresidentThe post-pandemic world and increasing remote workforce align organizations towards the need for a single platform instead of multiple tools.IT Organizations over the years have become keen on adapting low code development to simplify their operations. A 2019 survey by Mordor Intelligence forecasted that by 2021 54% of IT Organizations will have increased focus on Low code development and we are indeed at that precipice of a monumental transformation.Target SegmentOur proven proficiency across the banking, financial, healthcare, and government verticals makes us an easy favorite. We have a treasure trove of case studies and testimonials that testify to our expertise in these industries. Our target market segment can broadly be classified based on two parameters – size and industry.By Organization SizeLarge enterprisesSmall and medium enterprisesBy Industry VerticalBanking and Financial servicesHealthcareGovernmentHigh-tech industriesRetailEvonSys Business modelOur Special Project Teams work with prospects during the EVOLVE workshop to understand the gaps and provide a roadmap for implementation.We also offer complimentary accelerators to reduce the implementation time.Our iterative and incremental approach to project management helps keep the customer consistently in the loop and deliver value, as EvonSys is synonymous with agile methodology.With our global presence across 4 continents, supported by our highly experienced delivery team in India, we leverage the benefits of Follow the Sun routing.We harness a global talent pool to deliver unbelievable cost saving.EvonSys GrowthDoubled revenues during and after COVID-19​Increase in large size enterprise customers over the last two years75% increase in project teams y-o-yCompetitionEvonSys over the yearsThe founders of EvonSys began their Pega journey in the early years of the 2000s. After a decade of rigorous learning, training, and seasoning in the various dimensions of Pega, the idea of EvonSys was first conceived.EvonSys is the vision-driven brainchild to employ digital transformation to simplify complex and convoluted processes with low code solutions.In 2015, EvonSys was officially born as a 3-member team. EvonSys was quickly recognized and elevated to the status of official Pega partner in 2016.In 2017, EvonSys achieved another milestone by co-presenting Real-Time Payments with Pega at SIBOS. Subsequently, in 2018 Pega awarded the Silver partner status to EvonSys. In the 2018 edition of PegaWorld, EvonSys was a Platinum sponsor. It also co-presented Smart Investigate with Pega at SIBOS that year.In 2019, besides being a presenter at CES- London, EvonSys also began its global outreach by establishing centers across 4 continents.In 2020, EvonSys was further elevated to the Gold partner status by Pega. It also became one of the very first Pega ISV partners for its PeopleHCM product.Today, EvonSys has grown from a team of 3 to a family of 300 and has bagged Pega's Excellence in Growth and Delivery award for 2021.What Our Customers Say

FAQ

How much has Evonsys, Inc raised?

Evonsys, Inc has raised $364,674 of a $1.23M goal.

Where is Evonsys, Inc's campaign listed?

The offering is listed on Dealmaker, an SEC-registered Reg CF intermediary.

What are the terms of Evonsys, Inc's raise?

Preferred Stock, $120M cap, $1.20/share.

When does Evonsys, Inc's offering close?

The stated close date is Apr 25, 2025.