¡Value onboards Mr. Shrikant Shitole as Chief Executive Officer to augment Geographic Expansion

Value InfoSolutions, India's premium technology enabler, announced the appointment of IT Veteran Mr. Shrikant Shitole as its CEO.

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This appointment comes in as part of the strategic planning i Value InfoSolutions has designed for next 5 years. IValue, as a technology enabler is looking to extend the core business by expanding the portfolios based on relevance and investing in promising adjacent markets. IValue has planned to execute a framework consisting of three distinct phases that will unfold during the coming fiscal year which will be defending, extending, and transcending the core business. Shrikant's expertise around Cloud Services, Cyber Security, IOT, Smart City, Data Center Services, IT Infrastructure Planning & Management, and Outsourcing services will go hand-in hand in creating a futuristic win-win situation.

IValue has been maintaining its growth at CAGR 40% YoY. IValue has been persistently investing on growth, allowing it to develop at 3x plus market growth rate in the last 10+ years. Its focus has been to address the complete needs around Data, Network and Application for Enterprise customers in a consultative way. Following the PE Investment in 2019, Value launched 3 main efforts to continue the company's growth trajectory:

• Expand geography coverage: IValue expanded to South-East Asia with a Singapore office. Appointed a CEO and team for South-East Asia covering SAARC markets with direct presence across Sri Lanka, Myanmar, Cambodia, Nepal, and Bangladesh along with Singapore & Malaysia.

• Technology investment: iValue established COE, training centres, and services connected to customer life cycle management in order to give a better customer experience and efficiency

• Exploring acquisition: iValue has been actively pursuing inorganic growth opportunities across India, SAARC, and Southeast Asia to accelerate next phase of growth.