Softlabs Group is a global IT house headquartered in India with branch offices in the USA and Sweden. Softlabs Group has a trusted partner network that is spread across different continents. It was founded in the year 2003 with a vision to become a leader in offshore outsourcing services by providing cutting-edge technology solutions to global companies.
It has a reputation of being the bespoke software solution provider globally with extensive exposure in diverse domains that include fintech, shipping, and logistics, energy, pharmaceuticals, diamonds, infrastructure, retail, education, real estate, hospitality, healthcare, and tourism.
The team has been passionately helping companies of all sizes globally, by assisting them to accomplish their digital transformation goals. With an experience of more than 18 years of comfortably adapting to global cultures and varying time zones, the team at Softlabs has created a rock-solid and robust development mechanism as well as delivery models to serve their esteemed clients. Softlabs is basically a one-stop-shop for all the IT requirements with specialized services in software development, mobile application development, IoT and electronic automation solutions, blockchain solutions, artificial intelligence, and machine learning solutions.
Softlabs Group was established with the idea to become one of the leading technology solution providers to global companies. Their core values are:
Excellence and Innovation: The team believes to stay consistent in learning and up gradation by adapting and implementing the best practices, best available technology, and innovative methods with utmost accuracy for optimization. Softlabs has always been at the forefront of mastering the latest technologies and using them for clients' businesses extensively for almost two decades now. The team is honed to accept challenges on a daily basis to find out better ways of digitalization of business processes and service improvisation.
Strong Valuable Relationships: This company believes in understanding and complementing the client's goals from its very native perspective. It takes efforts in understanding the challenges in the business operations of the client company, identifying the opportunities to improve the business processes and their output with the help of the latest technologies, and the expertise`
Mithilesh Bandiwdekar is the Founder and CEO of Softlabs Group, an India-based Global IT House, and has been the torchbearer of the organization. Since the inception of the company, Mithilesh has always strived to upgrade the company standards from its existing benchmark to a new height. During each technology revolution, he made sure that the company and its resources managed to ramp up to the newer emerging technologies as well as gain the required knowledge and expertise to fulfill the global demand for the latest tech solutions.
Under his leadership, Softlabs Group created a global footprint and legacy of successful deliverance of IT solutions to various countries including the USA, Canada, Sweden, UK, Portugal, Australia, Singapore, South Korea, Zambia, Kenya, South Africa, Israel, UAE, Saudi Arabia, and Oman. He set forth a mission for Softlabs Group to become one of the leading innovative business process solution providers in the global IT market.
When blockchain started booming, Mithilesh created a core team of innovative thinkers within the organization to explore and exploit blockchain technology for the businesses of the esteemed clientele of Softlabs Group.
Along with a core team of intellects in Softlabs Group, Mithilesh has been studying and exploring blockchain fundamentally for its application utilities in different domains where Softlabs already has deep knowledge and exposure. The team believes in the growth potential of Web 3.0 that is focused mainly on decentralization of the existing business models of the world. Anticipating blockchain's future potential and applicability in various areas, Mithilesh has diverted and aligned the core focus of Softlabs Group's vision and its major resources totally on a blockchain.
Softlabs Group merged its domain knowledge strength of almost two decades with extensive blockchain technology expertise to offer state-of-the-art blockchain solutions to global customers. It emerged as a digital transformation center that is specialized in providing eminent blockchain solutions such as blockchain-based electronic health records, blockchain and IoT-based solutions in clinical trials, blockchain-based smart certificates, traceability in the supply chain of manufacturing, agriculture, blockchain solutions for insurance companies, manufacturing and other process compliance audit, E-Commerce escrow, and much more.
Apart from the mainstream use cases, Softlabs Group also provides crypto services to offshore companies like cryptocurrency exchange development, crypto trading bots development, wallets development, smart contracts development, token development, ICO/STO/IDO services, decentralized exchange, De-Fi protocols, assistance in running blockchain nodes, and more.
Softlabs Group is also specialized in Ethereum as well as other popular blockchains' layer-2 and sidechain-based solutions that are more scalable and cost-effective. Today, Softlabs Group is one of the top blockchain development companies in India that has helped many companies across the globe by successfully leveraging and implementing blockchain technology in various business domains. It has delivered many enterprise-ready, cutting-edge blockchain solutions and services which seamlessly integrated with their existing business processes, garnering higher technological strength with promising ROIs.
Blockchain is solving the trust issue of businesses worldwide. Immutable data stored on the blockchain cannot be challenged for mutation or manipulation. Massive requirements of genuine data for training machine learning models can be fulfilled by immutable blockchain-based data sources. The same is true for big data that is extensively used for analytics, associating blockchain to big data, companies can have a highly genuine analytical perspective of their businesses and conditions.
Mithilesh advised that to make blockchain more easily available to businesses and to be used at an extensive level, more cloud companies should think of providing blockchain services as a part of their suite so that the technology can be utilized beyond the set of only blockchain expert resources.
One of the major challenges the company faced was to retain talented resources that were trained by Softlabs Group from the ground level. Big giants from the IT Industry have always posed a threat to the long-term plan execution since there has been considerable attrition during the journey. Softlabs Group mitigated this challenge by developing a company culture based on a work-life balance and motivating the team members by involving them with challenging roles within a project to develop a sense of responsibility and ownership within them.
During this journey, Softlabs has been recognized by numerous global media companies that include Your Story, Clutch, GoodFirms, TopFirms, ITFirms, AppFutura, SelectedFirms, Silicon India, and many more. The team has always received testimonials and recommendations from all of their international as well as domestic clients that include FP McCann Limited -UK, Symbio Energy Limited -UK, Shrenuj Limited -India, HSBC -India, Bridgemonte Advisors – India, Wiseman Talents – Kenya, Personal Cyklar- Sweden, Reliance Mutual Funds, India, Avestor Inc – USA, the State University of Newyork in Korea and many others.
Today the entire world is looking up to Indian companies for blockchain-related assistance and blockchain-based services and solutions. So, the future for blockchain services companies from India is very bright and it is the best time for them to invest focused efforts and flourish. Mithilesh mentioned that the team of Softlabs Group has developed niche areas and core strengths for itself in the blockchain services market.
Softlabs Group has been working on developing its own blockchain platform since 2020. It already has a reasonably good number of clients worldwide using its blockchain solutions built on the prevalent, popular blockchain platforms. Due to network congestion and ever-increasing gas fees, it has become very difficult for its clients to continue using these blockchain platforms affordably, for their business solutions. Softlabs Group is working on a sustainable model of a blockchain that will be scalable with high throughput and negligible gas fees for transactions. This way, Softlabs anticipates a future filled with opportunities and challenges.
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