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Entrepreneur Year Book 2014 > Services > Wisdom IT Services (WITS)

Wisdom IT Services (WITS)

Wisdom IT Services (WITS)
About us
Wisdom IT Services (WITS) is a product development and global recruitment company headquartered in Hyderabad with liaison offices in USA and UK. The company began its operations as a head-hunting agency in 2010. It gradually started focusing on specialization of group services. Although talent acquisition and resource management remain its core areas of pecialization, the organization has shown agility in diversifying and branching out into other areas of business activity in an ever-changing and fast-paced environment. It ventured into IT and ITES to begin with, and then went on to add capabilities in various other sectors such as networking, product development, engineering and manufacturing. The company is today a member of NASSCOM and its job portal - wisdomjobs.com is active in 13 countries.
Ajay Kolla
CEO: Ajay Kolla
FOUNDED:
2010
OFFICES:
Hyderabad. Liaison offices in USA and UK
KEY PERSON:
Ajay Kolla
Ajay Kolla, CEO and Founder: Ajay is one of the very few self-made gennext entrepreneurs. He rose through the professional ladder in no time followed by some very productive stints with TCS and Tieto. After having gained enough experience, insight, and the nitty-gritty of the corporate world in general, and the IT industry in particular, Ajay founded Wisdom IT Services in the year 2010 with the aim of providing specialized resource management services.
CLIENTELE:
HCL, Capgemini, and Tech Mahindra are some of the distinguished clients of the company besides many others across overseas.
COMPETITORS:
The company competes with other social recruiting platforms like Naukri, Monster, Timesjobs, Shine and LinkedIn.
INVESTORS
Self-funded
WEBSITE:
www.wisdomitservices.com
OFFERINGS:
Wisdom is into IT consulting, Product development, Resource management and a host of other complementary services such as resume services, e-learning and online exams. Apart from the permanent recruitment solutions, its services include arranging for contractual resources, quasipermanent placements and background checks. The company also offers comprehensive product development services, managing all aspects of a project - feasibility, development, execution and maintenance. Wisdom's involvement begins from scratch i.e. ideation, conception, architecture, design, development and leads up to integration, implementation, training and orientation, customization and support.
DIFFERENTIATING FACTORS:
  • The organization thrives with innovative products like E-University, Pragnya Meter and JobsMate to sync with the core
    business.
  • Wisdom offers a knowledge canon called e-university to educate the candidates related to their career.
  • Its unique software platform provides skill rating of the jobseeker, examining individually through Pragnya meter test.
  • The mobile app called JobsMate, developed by WITS, enables job search at the finger tips where a job seeker can search and apply through the mobile app any time anywhere.
REVENUE MODEL:
The primary source of revenue for the company is permanent staffing and the subscription fee for resume database access and job listings by the employers. It also generates revenue through subscription fees charged for Pragnya Meter exam.
WHAT NEXT:
Wisdom IT services plans to establish a strong presence in US market and to increase brand building strategies across the globe. It is also focusing on developing next generation recruitment tools, products and search features to scale up the business and widen its reach in the global market.