Agilisium engages advisory firm Catalincs in grow-first-pay-later model

CHENNAI: Data and analytics firm Agilisium Consulting has chosen advisory firm Catalincs Partners to help it scale its business offerings. Agilisium has a focus on the life sciences industry, spanning pharmaceutical, biotech and medical devices segments.

The two enterprises have also entered into a unique engagement model whereby Catalincs engages with Agilisium using its proprietary ‘Grow First, Pay Later’ model. In essence, Agilisium will pay if Catalincs helps accomplish the revenue growth, profitability and valuation milestones agreed upon at the commencement of the engagement.

Founded in 2014 as a focused AWS cloud services provider, Agilisium today helps more than 100 clients in data-driven decisioning to drive down operating costs and increase revenue.

“This partnership brings to Agilisium across-the-board capabilities -- from strategy, sales and marketing, delivery and operations, financial management to talent management -- in a pay-for-value commercial model that’s a win-win for both Agilisium and Catalincs," Raj Babu, founder and CEO of Agilisium, said.

“Life sciences companies—across pharmaceutical, biotech and medical devices— are making significant progress in leveraging cloud and data across their entire value chain to develop new treatments and improve patient outcomes," Ramkumar Ramamoorthy, partner, Catalincs, said.