If Alphabet is father of Google then EdgeVerve is like a son of Infosys. This two-year old company has a net worth of more than 10.2 billion dollars entirely invested in IT firms and related companies. With its headquarters in Bangalore, the IT hub of India, this young start-up (the founders prefer to say so), has its service areas covered across the world from Asia to America.
EdgeVerve, EdgeVerve Systems Limited, is a subsidiary company which was hived off from one of the leading IT giant, Infosys. It happened in 2014, when Infosys decided to pile up its revenue from PPS. PPS is nothing but product, platforms and solutions.
PPS – Product | Platforms | Solutions
It included everything apart from the financial and banking part of Infosys which is handled by Finacle. Employers of EdgeVerve are paid equivalent to those working in Google and other big IT giants. With its service is considered to be good, the company offers its services in six main areas. Form Digital Marketing, commerce, procurement, it reaches to customer service and ecosystem management.
EdgeVerve is said to have done some credit to its name. Revenue as expected has shot up. The main reason for its success is the products which it offers for its customers.
PRODUCTS OF EDGEVERVE
EdgeVerve as the name it has had edged the gap and produced some fine products. One such is Assistedge, it has three mantras for its success – smart user table, on time expertise managers, productive self-care. The work of this program is to provide an integrated virtual agent, unified dashboards and pure solutions.
Procure-edge, a cloud procurement area, is another effective product of EdgeVerve, which helps the companies to provide B2C buying experience to increase their sales. It also plays an important role in search, discovery, analytics etc.
CreditFinanceEdge could be the best work of EdgeVerve till date as it is the first end to end credit servicing and asset management platform. It is offered as an outcome based commercial model as performs several worldwide solving functions which includes loss mitigation, litigation tracking.
When Infosys developed this, TradeEdge, in 2013 it didn’t get to the limelight, but when EdgeVerve emerged in 2014, TradeEdge was assigned to it and the result is mesmerizing. It began as retailer trade platform. At present, this one is given in cloud as an enterprise resource planning.
A company which is a product of another one is growing humoungously to the betterment of its parent.
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