Octal IT Solution
Octal IT Solution is a global software development services firm that builds custom mobile, web, cloud, blockchain, and AI-enabled applications for enterprise, startup, and public-sector clients across 70+ countries.
- Company typePrivate
- Founded2007
- HeadquartersMilwaukee, United States
- Headcount251–500
- GTM typeB2B
- OfferingSoftware
What Octal IT Solution does
Octal IT Solution Pvt. Ltd. is a global software development services company founded in 2007, headquartered in Jaipur, India, with regional offices in Milwaukee (US), London (UK), Singapore, and Ajman (UAE). The company delivers custom mobile, web, cloud, blockchain, and AI-enabled software for enterprise, startup, and public-sector clients across more than 70 countries, with disclosed project volumes of 2,300+ lifetime completions and 900+ active clients. Service breadth covers artificial intelligence (generative AI, NLP, computer vision, agentic systems), cloud migration and native development (AWS, Azure, GCP), iOS/Android/cross-platform mobile development, blockchain (smart contracts, dApps, DeFi, NFTs), ERP/CRM, application modernization, and staff augmentation, supported by ISO 9001/27001/22301 and CMMI Level 3 certifications plus partnerships with Salesforce, Microsoft, Databricks, Adobe, and Intel.
Revenue is generated primarily through three engagement models: hourly developer engagements starting at $15/hour, dedicated developer contracts at $2,200/month per developer, and fixed-cost project engagements ranging from $15,000 for basic mobile apps to $80,000+ for complex enterprise applications. The go-to-market is sales-led with enterprise field sales, inside sales for mid-market, and self-serve digital tools (app cost calculator) for SMB prospects. Recent productized offerings — including the EV Charging Management Platform (Dec 2025), AI-Powered Fintech Development Framework (Mar 2026), and vertical AI assistants for healthcare, insurance, and property management — indicate a gradual shift from pure custom development toward framework- and platform-led delivery, though the core business remains project-based professional services rather than SaaS. The company is privately held, founder-led by Arun Goyal (Founder and Managing Director), with no disclosed funding, M&A, or public-market activity.
Octal IT Solution firmographics
Firmographics- Name
- Octal IT Solution
- Legal name
- Octal IT Solution Pvt. Ltd.
- Website
- https://octalsoftware.com
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Octal IT Solution is a global software development services firm that builds custom mobile, web, cloud, blockchain, and AI-enabled applications for enterprise, startup, and public-sector clients across 70+ countries.
- Ownership category
- akta.pro rank
Octal IT Solution industry classification
Industry- Product category
- Custom Software Development Services
- NAICS
- Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151), Computer Systems Design Services (541512), Computer Systems Design and Related Services (5415)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Programming Services (7371), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Enterprise Application Modernization (Monolith-to-Modules, Domain Modernization) (BPAEAFAG)
- akta.pro secondary industry
- Cloud Application Modernization & Refactoring (BPAEACAC)
Keywords
Where Octal IT Solution is headquartered
LocationHeadquarters
- HQ city
- Milwaukee
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
Octal IT Solution business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Custom Software Development: Bespoke software development services for web applications, enterprise systems, and digital transformation projects. Revenue generated through hourly engagements, dedicated developer contracts, and fixed-cost project engagements.
- Mobile Application Development: Native and cross-platform mobile app development for iOS, Android, Flutter, and React Native platforms. Pricing varies by complexity tier from basic apps to complex enterprise solutions.
- Staff Augmentation: Dedicated developer services providing skilled technical talent for client projects. Developers available at $2,200/month for full-time engagement.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Hourly Developer Engagement |
| Subscription | Monthly | Dedicated Developer Team |
| Outcome Based/ Performance | Multi-year contract | Fixed-Cost Project Engagement |
| Unit Pricing | Multi-year contract | Basic Mobile App Development |
| Unit Pricing | Multi-year contract | Medium-Complexity App Development |
| Unit Pricing | Multi-year contract | Complex Enterprise App Development |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Octal IT Solution product offering
Product offeringCore offering
Octal IT Solution is a global software development services company that builds custom mobile applications, web platforms, AI solutions, blockchain systems, and cloud-native software for enterprises and startups. Its work spans the full lifecycle from consulting and design through development, deployment, and ongoing support, with flexible engagement models including hourly developers, dedicated monthly teams, and fixed-cost projects.
Product overview
Octal IT Solution is a global software development services company providing custom AI development, mobile app development, cloud technologies, blockchain solutions, and industry-specific software development. The company operates a multi-service model offering specialized development services including Artificial Intelligence Development (with agentic AI, generative AI, and NLP capabilities), Mobile App Development (iOS, Android, React Native, Flutter), Blockchain Development (smart contracts, dApps, DeFi, NFT marketplaces), Software Development (ERP, CRM, industry-specific solutions), App Modernization, Staff Augmentation, and On-Demand Solutions. Key productized offerings include the AI-Powered Fintech Development Framework for rapid fintech platform development, the EV Charging Management Platform for real-time charging management, and AI-powered vertical solutions for healthcare (Medi-Aid chatbot), insurance (e-Assistant), and property management. The portfolio spans client case studies including HiPi short video platform, DriveRescue roadside assistance, and decentralized crypto trading platforms. The company emphasizes cloud-native microservices architecture, AI integration, and scalable digital solutions across healthcare, FinTech, retail, logistics, and manufacturing sectors.
Differentiator
Problem solved
Functional benefit
Products and services
- Artificial Intelligence Development Services Custom AI development service line delivering agentic AI systems, generative AI applications, machine learning, deep learning, NLP, computer vision, and predictive analytics solutions for enterprise and startup clients in healthcare, FinTech, retail, and manufacturing.
- Cloud Technologies Services Cloud consulting, migration, and application development service covering AWS, Microsoft Azure, and Google Cloud Platform implementations, including cloud-native application development and cloud computing solutions for enterprise clients.
- Mobile App Development Custom mobile app development service for iOS, Android, and cross-platform solutions using React Native, Flutter, and hybrid frameworks, with expertise in enterprise and wearable device applications delivered to clients worldwide.
- Blockchain Development Services Blockchain development service covering smart contract development, dApp development, DeFi platforms, NFT marketplaces, cryptocurrency wallet development, and Web3 integration for enterprise and startup clients.
- Software Development Custom software development service including ERP, CRM, and industry-specific solutions for manufacturing, oil and gas, telecom, and agriculture sectors, plus software consulting, maintenance, and product development services.
- App Modernization Legacy application modernization service including cloud migration, UI/UX redesign, and performance optimization to upgrade existing enterprise and consumer systems to modern architectures.
- Staff Augmentation Staff augmentation service providing dedicated mobile app, iOS, Android, Flutter, Laravel, Node.js, Python, and other technology specialists on monthly subscription engagements ($2,200/month per developer).
- On-Demand Solutions On-demand platform development service for e-wallet, grocery delivery, taxi booking, food delivery, pharmacy, doctor appointment, and fitness applications targeting on-demand consumer and enterprise customers.
- AI-Powered Fintech Development Framework Rapid development framework that enables financial institutions, fintech startups, and enterprises to build secure, scalable digital finance platforms by integrating AI, analytics, and cloud-native architecture.
- EV Charging Management Platform Cloud-based EV charging ecosystem platform with real-time charging session management, smart billing, and OCPP-based charger integration for drivers, station owners, value-added resellers, and administrators.
- Medi-Aid Digital Healthcare Platform AI-powered medical chatbot product providing 24/7 intelligent health assistance via voice and text, with advanced symptoms analysis, doctor matching, and emergency response capabilities for patients and providers.
- Smart Insurance e-Assistant AI-powered chatbot product that automates insurance policy inquiries, claim assistance, and information retrieval across web, mobile, and WhatsApp channels, with GPT-powered data summarization for insurers and policyholders.
- Generative AI for Property Management AI-powered assistant product for real estate and property management that automates tenant inquiries, appointment scheduling, and offer generation, with 24/7 tenant support and a centralized dashboard for real-time tracking.
Quantifiable outcome
- 10M+ app downloads for consumer applications (HiPi case study)
- +3 more outcomes
Companies that use Octal IT Solution
Customer profileNamed customers7 records
Segments11 records
Ideal customer profiles3 records
Octal IT Solution technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability17 records
Feature4 records
Octal IT Solution partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- SalesforcecoreSalesforce Partner status enabling the company to deliver Salesforce-based CRM solutions, integrations, and custom development for enterprise clients requiring Salesforce ecosystem expertise.
- ZohocoreZoho Partner status for delivering Zoho CRM implementations, customizations, and integrated business solutions using the Zoho platform.
- MicrosoftcoreMicrosoft Partner status enabling delivery of Microsoft-based solutions including Azure cloud services, Microsoft 365, and enterprise software implementations.
- DatabrickscoreDatabricks Partner status for delivering big data analytics, machine learning, and data engineering solutions using the Databricks Lakehouse platform.
- NASSCOMminorMember of NASSCOM, India's premier IT industry association, demonstrating commitment to industry standards and best practices.
Scale indicators9 records
Recent moves6 records
Expansion highlights5 records
Octal IT Solution competitors and assessment
Company assessmentDirect peers
- Globant: Globant is a global digital IT services firm offering custom software, AI, cloud, and digital transformation across enterprise and startup segments — directly comparable to Octal's services portfolio and global delivery model, but at significantly larger scale.
- BairesDev: BairesDev operates a nearshore staff augmentation and dedicated developer model serving US clients, closely mirroring Octal's dedicated developer offering ($2,200+/month) and custom development engagements across AI, mobile, and cloud.
- Hidden Brains: Hidden Brains is an India-headquartered software services company offering mobile app development, AI/ML, blockchain, and enterprise solutions — a close mid-tier peer matching Octal's service mix, vertical targeting, and global delivery footprint.
- Fingent: Fingent is a custom software development firm offering web, mobile, AI, and cloud services to enterprise and startup clients — comparable to Octal in service breadth, customer segmentation, and offshore-led delivery model.
- Softura: Softura is a US-anchored custom software and mobile app development firm with India delivery — directly comparable to Octal in offering custom web/mobile apps, AI, and enterprise software to mid-market and enterprise clients.
Broad incumbents
- Persistent Systems: Persistent Systems is a larger India-based IT services company with comparable breadth across digital, cloud, AI, and enterprise software — overlapping with Octal's service lines but operating at materially greater scale with deeper enterprise relationships.
- Cybage Software: Cybage is an India-based IT services and product engineering company serving global enterprise clients — overlapping with Octal's custom development and digital transformation services but at larger scale with stronger enterprise anchor accounts.
- Infosys: Infosys is one of India's largest IT services firms with global delivery and deep enterprise relationships — competes with Octal for digital transformation and custom development deals, but at vastly greater scale and brand recognition.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Octal IT Solution social profiles
Digital presenceOctal IT Solution compliance and trust
Trust signalCompliance4 records
Octal IT Solution financial estimates
Financial estimateRevenue estimate
Valuation estimate
Octal IT Solution leadership team
Management profileNumber of profiles
Profiles1 record
Octal IT Solution funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Octal IT Solution M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Octal IT Solution
What does Octal IT Solution do?
Octal IT Solution is a global software development services company that builds custom mobile applications, web platforms, AI solutions, blockchain systems, and cloud-native software for enterprises and startups. Its work spans the full lifecycle from consulting and design through development, deployment, and ongoing support, with flexible engagement models including hourly developers, dedicated monthly teams, and fixed-cost projects.
Is Octal IT Solution a public or private company?
Octal IT Solution is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Octal IT Solution founded?
Octal IT Solution was founded in 2007. It employs 251 to 500 people.
Where is Octal IT Solution based?
Octal IT Solution is headquartered in Milwaukee, United States, in the North America region.
How does Octal IT Solution make money?
Three revenue lines are on record. Custom Software Development is the primary driver. The others are mobile Application Development and staff Augmentation.
Who are Octal IT Solution's main competitors?
Direct peers on record are Globant, BairesDev, Hidden Brains, Fingent and Softura. Broad incumbents are Persistent Systems, Cybage Software and Infosys.
Does Octal IT Solution have an API?
No public API is recorded for Octal IT Solution.
What industry is Octal IT Solution in?
Octal IT Solution's product category is Custom Software Development Services. Its primary akta.pro industry code is BPAEAFAG, Enterprise Application Modernization (Monolith-to-Modules, Domain Modernization), with a secondary code of BPAEACAC, Cloud Application Modernization & Refactoring. Its NAICS code is 541511 and its SIC code is 7370.