Chennai: Indium Software expects 25% yearly growth even as concerns increase over AI companies commoditising certain categories. Speaking to TOI, Ram Sukumar, chief executive and co-founder of the digital engineering company, said despite softer market conditions, the company recorded 30% growth last year and anticipates organic growth and potential upside from acquisitions. Data and analytics, AI and application engineering are the driving demand. He further said the company’s bet on an agentic orchestration platform focusing on legacy modernisation, data migration and testing. “It is very integral to our plans forward and we expect at least 20% to 30% of our revenue to be influenced by it. We are not planning to charge licenses at this point of time but help acquire new customers,” he said. “As this whole gen and agentic AI evolution happened, we took a early position and started building our own platform about 20 months back. The idea was born through these challenges that we saw in the industry,” he said. Recently Anthropic’s Claude Code touted its capabilities and cost economics of legacy platform modernisation, spooking the markets. When asked whether these commodisation of specific capabilities pose a threat, Sukumar said market reaction is some degree of over reaction. “A standalone Claude deployment can interpret and generate code. But enterprise modernisation requires structured orchestration,” he added. The EQT-backed company is also eyeing acquisitions in data analytics and Salesforce to supplement organic growth.
