I think with so many products, their growth @10 % is way too conservative ,and management has accepted that they want to under promise and outperform.
I think they are planning to have another call to go over the tech aspects of their product sometime next month, which i am looking forward to.
Earnings Call:
Summary from Gartner reports, The “IDA” evaluation is based on gartner’s 2018 analysis of this company, so things would have improved since then.
Intellect Design Arena
Intellect Design Arena is a Challenger in this Magic Quadrant; in the last iteration of this research, it was a Challenger. The company is headquartered in Chennai, India, and its CBS product, Intellect Digital Core, was launched in 2005. The surveyed version as of the cutoff date, v.19.1, was released in July 2018. Gartner estimates that Intellect Digital Core has more than 100 installations worldwide, of which about a dozen are in progress. India is the country with the most installations. Intellect Design Arena’s customer base is mainly universal banks in the small-to-midsize-bank tiers, including a few global clients for which it provides selected components of its CBS. These installations are prevalent across the emerging APAC region, followed by Western Europe and the Middle East and North Africa (MENA).
Intellect Digital Core is coded in Java and runs over UNIX (HP, IBM and Sun), Linux and Windows on Oracle Databases. Along with on-premises implementation, the product has been deployed via SaaS and in hosted environments. Intellect Design Arena partnered with AWS for public cloud services.
Intellect Design Arena’s go-to-market strategy is hub-based. The company has a direct presence in 24 countries, but sells in more than 80 countries worldwide.
As of the cutoff date, Intellect Design Arena featured an embryonic app marketplace and keeps investing in that.
Strengths
The Gartner Financial Rating improved from Caution to Variable in 2019.
Operations are another bright spot for Intellect, as maintenance fees are the lowest across the examined vendors in this Magic Quadrant, and minor releases (issued twice a year) consolidate patches and services packs.
Intellect Digital Core shows a greater than the average number of exposed microservices, according to the list provided to Gartner, and a moderate commitment to microservices architecture.
Cautions
Intellect Design Arena had the highest decline in overall customer experience across the examined vendors in the evaluation of 2018 through 2019 project deliveries, with a significant drop in the implementation experience.
The cloud offering is very limited for this vendor, which has previously installed its product on some private clouds and a few installations in public cloud.
Intellect’s deployment ecosystem is considered weak by Gartner. The company delivers projects largely autonomously by consultants traveling from its few hubs to clients’ sites and supports them from India.
https://www.gartner.com/doc/reprints?id=1-23ZWLSAN&ct=200822&st=sb