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Indovance Forecasts Continued Rapid Growth with Global Trend Toward Increased CAD Outsourcing

by StartUp Terminal Bureau
December 7, 2016
in Uncategorized
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Indovance Forecasts Continued Rapid Growth with Global Trend Toward Increased CAD Outsourcing
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Indovance, one of the
leading CAD and drafting outsourcing service providers in the world, is
projecting another year of rapid expansion. The long-trusted company is known
for offering scalable, dependable and easily deployed services for
architectural design, mechanical engineering and civil engineering. The growth
follows industry trends as companies look to decrease costs and increase
efficiencies of their compact design teams, all while maintaining the highest
standards of quality for all projects.





Indovance, which is
based in North Carolina and has offices outside of Mumbai, India, increased
revenue in 2015 by 50 percent compared to 2014. It forecasts and is on track to
grow another 50 to 60 percent in 2016, year over year.
“It’s an incredibly
competitive market and companies of all sizes are having to do more work in
less time and with fewer people than ever before,” said Sandesh Joshi,
Indovance president and co-founder. “In 2008 and 2009, a lot of companies shut
down due to the recession. After that, leaders were forced to rethink how they
operate in order to increase productivity and reduce costs. That trend has
continued, with CAD services now being one of the most outsourced projects
today.”
For Indovance, each
engagement begins by setting up a dedicated team of its highly educated and
experienced architects, civil engineers, structural engineers and mechanical
engineers. This remote team complements the client’s internal staff. “We
believe successful outsourcing depends on the team’s quality, communication and
control. Indovance built its workflow process on these critical functions so it
can deliver work of the highest caliber on time, every time,” continued Joshi. 
Indovance was founded
about 13 years ago. Since then, its exceptional work on hundreds of client
projects around the world has built a reputation for delivering results in a
month or less. The flexible, dependable and turnkey design and drafting
services typically save its clients 40 to 50 percent compared to traditional
in-house hires. It is due to this success that the company has expanded so
rapidly, maintaining and growing existing clients, as well as continually
increasing its roster of new business partners.
Looking forward, part
of Indovance’s rapid growth plan includes expanding its sales force in the
United States to better meet the needs of companies interested in its services
throughout the country. The company will hire new sales representatives
for each territory in North America.
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