Yashica Vashishtha, Author at Your Tech Story

AVEVA – Innovating The 3D Design Software Industry.

Late, but still, people have started to recognize the importance of sustainability. The very topic has been a concern for almost every industry, and they are trying to improve the ecosystem by adopting sustainable habits. In fact, the various software companies also make sustainability the basis for the development of their products. One such company is Aveva, a software company based in the UK. The company works on problems using high-end technology as well as considering the ecosystem so that they deliver sustainable solutions to their clients. The company majorly focuses on the process, batch and hybrid industries.

About Aveva

Aveva Group plc is a British IT consulting company, with its headquarters based in Cambridge, England, UK. The company is a multinational and trades as a Holding company. Aveva is primarily working as an IT consulting firm but also provides its services in industries like CAD/CAM Software, Enterprise Asset, Management, Manufacturing Execution, System Enterprise Solutions, etc. The company has a history of more than fifty years, where the UK Ministry of Technology and Cambridge University had established it as a separate IT department. Aveva is listed on the London Stock Exchange, and as of 2021 records, it made annual revenues worth £820.4 million, while over 6000 people are currently employed at Aveva.

Founding Aveva

The story of the establishment of Aveva dates back to 1967 when the UK Ministry of Technology founded a CAD Centre at Cambridge, England. The department received funds from the government and acted as a research institute for the latter. The main aim of the research centre was to develop computer-aided design techniques. Dick Newell and Martin Newell are a few of some famous people who were part of this CAD research centre. Arthur Llewelyn was the first director at the centre.

Being the research centre for CAD technology, the company successfully performed multiple experiments that added to the technology. One of Aveva’s most successful products came in 1976, i.e., Aveva PDMS. The very product changes the course of the CAD design industry. In the next two years, the company launched the world’s first 3D plant design project.

In 1983, the CADCentre became a private company, and Dr Bob Bishop was appointed as the managing director of the company. In the next ten years, Aveva worked on a new version of its software and developed the world’s first full-colour, shaded plant design in 1992, along with the world’s automatic clash detection system. In 1998, Aveva launched a new feature called Aveva Global for the existing software that made it easy for the people sitting in different locations to work on a single project online, making the software world’s first plant design system for concurrent global projects execution. In 2012, the company brought a new project named Aveva Everything 3D, and the next year, it launched Aveva E3D Insight.

Apart from project development, Aveva grew through major acquisitions that included Tribon Solutions (2004), Realitywave, Inc. (2005), iDesignOffice Pty Ltd (2009), MARS (2010), ADB Systemer AS (2010), LFM (Light Form Modeller, 2011), Global Majic Software, Inc. (2012), 8over8 Limited (2015), OSIsoft(2020), etc.

The CEO at Aveva

Peter Hertweck is the Chief Executive Officer at Aveva. He has got a bachelor’s degree in Engineering from Metz University, France and Saarland University, Germany, as well as an MBA from the Wake Forest University School of Business. Peter has also been a Harvard Business School Advanced Management alumnus.
Peter started his career at Mitsubishi, Japan as a software engineer. In the further years of his career, he handled multiple executive positions in various well-known companies, such as Factory and Process Automation and Schneider Electric, etc. Before joining Aveva as the CEO in 2021, he was also one of the board of directors of the company.

Yashica Vashishtha

Yashica is a Software Engineer turned Content Writer, who loves to write on social causes and expertise in writing technical stuff. She loves to watch movies and explore new places. She believes that you need to live once before you die. So experimenting with her life and career choices, she is trying to live her life to the fullest.

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Mitchell Hashimoto And Armon Dadgar Came Up With The Idea While Working On Project At University.

Cloud technology has helped companies simplify their business infrastructure. The cloud is not only easy to access, but it is also secure to put data on the cloud and keep working as one used to do in the pre-cloud era. Cloud computing has not only eased out the working for the businesses but also provides new opportunities as well as chances to experiment for the software geniuses. HashiCorp is also a result of some experimentation by its founders Mitchell Hashimoto and Armon Dadgar, who found their interest in emerging cloud technology and built a million dollars empire for them. HashiCorp is one of the leading software companies that develop open-source tools and commercial products to work with cloud-computing infrastructure for developers.

About HashiCorp

HashiCorp is a ten-year-old software company, with its headquarters based in San Francisco, California. The company works on the freemium business model and is known for the development of open-source tools and products that help the developers to run and connect with the cloud-computing infrastructure with the most ease and security. Mitchell Hashimoto and Armon Dadgar are the founders of the company, whereas, David McJannet leads the company as the CEO.
HashiCorp is a publically traded company and trades on Nasdaq as HCP. The product list from HashiCorp includes both open-source and proprietary products, such as Vagrant, Packer, Serf, Consul, Terraform, Vault, Nomad, Sentinel, Boundary, Waypoint, etc. Apart from San Fransisco, the company has established offices in various parts of the US, India, Europe, Canada, and Australia, etc. As per the 2022 data, over 1500 people are working at HashiCorp.

Founding HashiCorp

The beginning of the HashiCorp includes the same university student story. Mitchell Hashimoto and Armon Dadgar, the two co-founders of HashiCorp, were the students at University of Washington and met each other at the same university in 2008. The two worked together on the same cloud technology-based project. While working on the project, both had become aware of the potential of cloud computing. After graduating from the university, they moved to San Fransisco, where Mitchell founded HashiCorp in December 2012. Armon joined the company as the co-founder in July 2013.

The co-founders started the company with the idea to provide businesses with tools that would help them deploy and connect their applications to the cloud (or multiple connected clouds), seamlessly and securely. By January 2014, the company started to grow in terms of manpower. In December of the same year, the company held a rounding of Series A funding and raised $10.2 million in the capital.

The next year in September, HashiCorp held its first HashiConf in Portland. In September 2016, the company had another Series B round of funding, where it raised $24 million in capital. By June 2017, the number of employees for the company had reached 100 people. The company went international when it opened its first overseas office in Europe in 2017. The same year, the company hosted another round of funding raising $40 million. HashiCorp established one of its subsidiaries named KK in Japan, which was the first HashiCorp office in Asia.
In the Series D round of funding held in 2018, the company raised $100 in the capital, and by the mid of next year, the employee count of the company expanded to 500 people. With the Series E round of funding in 2020, the company raised $175 million and added 500 more employees working for it worldwide. Alongside the employee count, the customer count was also reaching 1000 people by the same year.
In November 2021, HashiCorp had its first IPO, and it went public on NASDAQ, valued at $13 billion.

The CEO at HashiCorp

David McJannet is the current CEO at HashiCorp. He has got over twenty years of experience working in the software industry, including cloud technology. Before joining HashiCorp in 2016, he has been an important part of companies like GitHub, Hortonworks, VMware, Microsoft, etc. David joined HashiCorp when there were only 30 people in the team, and today, under his leadership, the team has grown to be 1500 people.

Yashica Vashishtha

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Globant – Reinventing Businesses With Their Innovative Ideas.

Leave a Comment / Story, Tech Story / By Yashica Vashishtha

The time is always running, and there are lots of changes that occur with every passing second. These changes are necessary for life and for the improvement of lifestyle. This is the same motto of Globant, a software company based in Luxembourg. The company always talks about reinvention and walking with the time, accepting all the changes. Globant helps its peers to transform their work conditions using digital and cognitive means. The company is just twenty years old but had made a special place in the IT industry through its innovative ideas and unique products. Since the ideas are based on new technologies, AI and behavior-based science are the prime technologies that it uses to build its software. Globant is not only a good service provider but it is also a great employer supporting a self-mastery work culture for its employees to help them grow their skills while working at Globant.

About Globant

Martín Migoya, Guibert Englebienne, Martín Umaran and Néstor Nocetti are behind the idea of Globant. The company was founded in 2003, establishing its headquarters in Luxembourg City. It is a software development company, and its primary area of service includes Software Development, Infrastructure Management, Mobile application development, Social Networks Development, Mainframe Migration, etc. Apart from Luxembourg, Globant has established offices in Argentina, the U.K, Canada, the U.S., India, Mexico, Colombia, Brazil, Costa Rica, Spain, Chile, Uruguay, Romania, France, etc. The company trades as a public company on New York Stock Exchange with the ticker name GLOB. As per the year 2020 records, the company is home to over 25000 employees and had made annual revenues worth US$814.1 million for the same financial year.

The Founding

Four friends, Martín Migoya, Guibert Englebienne, Martín Umaran and Néstor Nocetti, conceived the idea of Globant, while sitting in a bar. They founded the company in 2003 in Luxembourg, putting up some funds from their personal savings. Just in one year, they opened their first international office in the U.K. in 2024, and in 2005, they opened their second Development GOV Center in Argentina, leading to the opening of multiple development centers in different parts of Argentina in the further years. Later, the company established its multiple offices in different pasts of American, Asian, and European continents. The company was also named the Endeavor Entrepreneur in 2005.

In 2007, Globant acquired the CMMI certificate, and the next year, it closed a financing round worth US$13MM, Riverwood Capital and FTV Capital being the prime investors. The same year, the company had hired over 100o employees globally. By 2010, Globant had opened eight studios, and it had expanded into industries like gaming, big data, cloud computing, creative and social, consumer experience, enterprise communication and mobile engineering, etc.
Globant had started to get recognition for its work from the very beginning, and Global Services Magazine had named it Global Services Magazine in 2005, whereas Gartner recognized it as a Cool Vendor in Business Process Services 2010. Globant was also featured as one of the world’s top 10 most innovative companies in South America by FastCompany. In 2014, the company went public on NYSE.

The further expansion of Globant included some major acquisitions, including Accendra (2008), Openware (2008), Nextive (2011), Clarice Technologies (2015), PointSource (2017), Ratio (2017), Small Footprint (2018), Avanxo (2019), Belatrix Software (2019), BiLive (2020), grupoAssa (2020), Xappia (2020), CloudShift (2021), Habitant (2021), Walmeric (2021), etc.

The CEO at Globant

Martín Migoya is one of the co-founders and the CEO of Globant. Martin went to La Plata University to pursue a bachelor’s degree in Electronic Engineering and completed his master’s degree in Business Administration from CEMA University.
Migoya is recognized as a global leader and one of the most successful entrepreneurs. Under his leadership, Globant has seen extended growth. Martin has won multiple awards for his work in the software industry, including Endeavor Entrepreneur in 2005, one of the most distinguished Argentine businessmen of 2009, America Economía Magazine’s Excellence Award 2009, Konex Award as one of the most innovative entrepreneurs of 2008, and Emerging CEO of the Year 2013, etc. In 2005, he became the CEO of Globant.

Yashica Vashishtha

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MongoDB Inc. – Providing Flexible Options To Build Modern Database.

Leave a Comment / Story, Tech Story / By Yashica Vashishtha

The first programming language was the biggest step towards the growth we see in the IT industry today. Starting from C, C++, then Java, we have come a long way. Today, with more flexibility as well as more options, these newly developed programming languages and frameworks reduce the burden for the developers to a large extent. Thus, they can produce products that are innovative and fulfill all the needs of ‘today’. When we are talking about languages, we can’t forget the revolutionary progress in the DataBase industry as well. The past ten to twenty years have been the years of growth for DB as well. Oracle, MySql, and Microsoft SQL have been some traditional database languages we are well aware of. But today, developers have come with more flexible options like MongoDB and CouchDB that are more scalable and agile. The founders of MongoDB are some young professionals who built the language under the company name MongoDB Inc.

About MongoDB Inc.

MongoDB Inc. is a 15 years old company, initially known as 10gen Inc. The company headquarters is based in New York City, U.S., and it offers its services worldwide. It is a publically held company and trades on Nasdaq as MDB. The co-founders of MongoDB include Kevin P. Ryan, Eliot Horowitz, and Dwight Merriman, whereas Dev Ittycheria is the CEO of the company. As of January 2021, over 2500 people worked for MongoDB, and it made annual revenues worth US$590 million for the same financial year. The company is mainly known for its product MongoDB, and it has released nineteen versions of the same. MongoDB Community Server, MongoDB Enterprise Server and MongoDB Atlas are three of its editions.

Founding MongoDB Inc.

MongoDB Inc. is founded by the same team behind DoubleClick. The founders included Dwight Merriman, Eliot Horowitz, and Kevin Ryan. At DoubleClick, three co-founders worked mostly with databases, where they struggled with its scalability and agility. This struggle led to the idea of founding MongoDB Inc.
In 2007, they started 10gen Inc., which later became MongoDB Inc. Flybridge Capital Partners, RedHat, Intel Capital, New Enterprise Associates (NEA), Sequoia Capital and Union Square Ventures were some of the first investors, investing a sum of $81 million in venture capital funding for the establishment of the company. The company first focused on developing a platform as a service-based open-source product for its customers that would use cloud architecture. But later, the plan of the product turned towards building a document-oriented database system, a revolutionary product that was about to change the fate of the company. This system became MongoDB.

The first version of MongoDB came in 2009 as an open-source product, and till 2021, 19 version of the same has been released. By 2010, MongoDB started to expand overseas and opened offices in London, Dublin, Barcelona as well as Sydney. The company had a name change from 10gen Inc to MongoDB Inc., on the name of its flagship product, in August 2013. MongoDB Inc. had its first IPO in October 2017 and went public on Nasdaq. It had its second IPO in the year 2021.

The CEO at MongoDB Inc.

Dev Ittycheria is the current CEO at MongoDB Inc. He is a well-known entrepreneur and a venture capitalist. Dev possesses vast experience of working in the software industry as well.

Dev is a Bachelor of Science in Electrical Engineering from Rutgers University. He has worked with companies like AT&T, Teleport Communications Group, Applica, and Breakaway Solutions, in various executive positions. Dev is also the co-founder of BladeLogic and served the company as the CEO as well as the President for six years. He is also been on the board of companies like Signpost, Bazaarvoice, AppDynamics, and DataRobot, etc. In September 2014, Dev joined MongoDb Inc. as the President and CEO.

Yashica Vashishtha

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Coupa Software – Helping Companies to Spend Smarter and Safer.

Leave a Comment / Story, Tech Story / By Yashica Vashishtha

When there is an idea for a business, it is natural to be conscious about the expenditure as well, as while crafting a new business most of the money is wasted without a spending plan. While some organized businessmen know how to deal with the everyday spending on manufacturing, employment, supply, and other processes, there are several who rely on platforms like business spend management software to take care of all the expenditure on every process of the company. Coupa Software is one of the BSM software developers, most big-name companies rely on for their business spend management solutions. The software by Coupa is cloud-based such that offers maximum flexibility to the business owners to handle their spending with ease and most transparency.

About Coupa Software

Coupa is a sixteen years old company founded in 2006 by Dave Stephens and Noah Eisner. The company headquarters is based in San Mateo, California, U.S., and it provides its services globally. Since the company is operating at a global level, Coupa has established its offices in over 40 countries of Europe, Latin America and the Asia Pacific, and it deals in 140 currencies. Coupa Software develops software in the Business Spend Management category, and its products include spend management software, procurement, invoicing, sourcing, contract management, catalogue management, expense management, etc. As per the 2021 records, over 2500 people are employed by Coupa, and it made approximately US$542 million worth of annual revenues for FY21. Coca-Cola, Nike, Adidas, Amazon, Caterpillar, and Slack are a few of the more than 700 worldwide customers of Coupa.

The Back Story

Dave Stephens and Noah Eisner founded Coupa in 2006 and released its first product, i.e., Coupa Express in the same year. The next year, the company came with Coupa On Demand, a SaaS product, which was dedicatedly made for small and medium, and small size businesses. Coupa’s first spend analysis product named Coupa Spend Optimizer came in the year 2011, and the company also bagged a huge contract from Independent Purchasing Cooperative (IPC) to handle its franchises in 98 countries. By 2014, the company started to expand overseas, opening its first foreign office in Dublin, Ireland. The same year, Coupa Software also introduced the Coupa Inventory and partnered with Net Suite for a strategic partnership.

Coupa also started to acquire other companies to grow its operations. In 2015, it went to acquire the assets of ZenPurchase, InvoiceSmash, and TripScanner. The next year, Coupa acquired Contractually, and in 2020, the company bought LLamasoft. LLamasoft helped the company to integrate AI technology to the supply chain feature in its platform. Coupa went public on Nasdaq in 2016, where it trades as COUP. In the year 2021, Coupa introduced the Sustainable Business Spend Management (BSM) platform.

The CEO at Coupa Software

Rob Bernshteyn is the current CEO at Coupa Software. He is a veteran of the software industry and has handled multiple executive roles at various IT companies in his more than twenty-years-long career.

Rob graduated from the University at Albany with a Bachelor’s of Science in Information System and then went to the Harvard Business School to pursue an MBA in 2000. He started his career at Accenture as the Project Manager of the System Integration Consulting and worked for four years there. Then Rob switched to McKinsey & Company to work as an associate. In June 2001, he joined Siebel Systems as the Director of Product Management, and in June 2004, he became the VP of Global Product Marketing & Management at SuccessFactors. Rob left his last company and switched to Coupa Software, where he held the position of the Chief Executive Officer and the Chairman of the Board of Directors.

Yashica Vashishtha

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ironSource – Turning Apps Into Scalable And Successful Businesses.

Leave a Comment / Story, Tech Story / By Yashica Vashishtha

Using apps has become a regular thing for everyone today. Whether we are using it for sending messages or to find out a particular location on the map, these apps have made our lives easy and everyday tasks easier. For the developers and the app owners, too, these apps have become a potential source of income. The more the users use these apps, the more revenues are generated. To make the app generate revenues, we need a separate monetizing platform that activates the apps for making money on every download and its regular usage. ironSource is the developer of monetizing platforms for such apps and helps the developers to gain more quality users. The company is known for its monetizing ironSource SDK for app developers and the Aura software platform for mobile operators.

About ironSource

ironSource is an Israel-based company with its headquarters based in Tel Aviv, Israel. The company is only ten years old and still has managed to become one of the leading software companies. ironSource is a publically held company and trades as IS on New York Stock Exchange. The company offers its service in mobile gaming, mobile advertising, and app monetizing industry, operating through its subsidiaries, i.e., AfterDownload, Upopa, SuperSonic, etc. ironSource is best known for its monetizing SDK platform and Aura software. With global offices in locations like London, NYC, Tel Aviv, Beijing, Tokyo, and Seol, the company has over 1000 employees working for it. ironSource has been featured as a Global Growth Company in the World Economic Forum in 2015 and was named as one of Israel’s most innovative companies by Fast Company.

Founding ironSource

Most of the big-name brands have come from an innovative idea, and such was the case with ironSource as well. In 2010, Tomer Bar-Zeev founded ironSource after he felt the need for a platform to monetize apps that he used to make as a software developer. Apart from the monetization facility, the company started to provide analytics, conversion, acquisitions, and optimizations through its platform, and it became a well-known brand in a few years only.

ironSource’s first product was an open-source SDK named InstallCore, which it released in February 2011. The company also made some acquisitions that added to its growth. In 2013, ironSource acquired AfterDownload Ltd., an Israeli advertising technology company, and the next year, it went on to buy mobile game studio Upopa, followed by the acquisition of StreamRail (2016), Soomla (2021), and Luna Labs (2021), etc.

The company is also providing mobile gaming advertising services such as has become the first SDK provider to support augmented reality ads for game developers. ironSource opened a new office in San Fransisco in 2013, which led to its expansion to other continents as well. The company has set up multiple offices in Europe, Asia, and the US. In 2015, there was a merger between ironSource and Supersonic, hence launching a new mobile studio with the name Supersonic Studio in 2020. The company went public in June 2021 on NYSE.

The Founder and CEO at ironSource

Tomer Bar Zeev co-founded ironSource in 2010 and is currently serving the company as the CEO. He is a Computer Science graduate from Reichman University. Before founding ironSource, he has worked in various big-name companies and has handled multiple executive roles. Tomer was the VP of business development and marketing at AtlasCT for two years and worked as the VP of business development for Payoneer from 2007 to 2009. He co-founded fox tab in 2009 and served the company as the CEO for one year (2009-10).

Yashica Vashishtha

Yashica Vashishtha

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