Interview with Ganesh Verma CEO of MoogleLabs
CompaniesDekho team had the opportunity to interview Ganesh Verma CEO of MoogleLabs and discuss his service offerings and how they anticipate positioning their organization in the future.
A thought leader and CTO with a demonstrated history in multiple roles- project life cycles, ideation, implementation, and closing projects delivering business value and delighting stakeholders, crafting technical aspects of the company’s strategy for aligning with the business goals perfectly, discovering and implementing technologies to yield a competitive advantage in the digital landscape.
Being a Six Sigma Green Belt holder, he holds wide exposure and experience working in an agile environment, managing and executing scrums and enabling teams to set new milestones within a minimum timeframe while delivering superior outputs on the customer’s end. Besides that, He is result-oriented and business-focused with hands-on experience with a broad range of next-gen technologies.
Below, you can see the full Q&A and learn more about Ganesh Verma CEO of MoogleLabs.
1. Please introduce your company and give a brief about your role within the company?
Hello, I am Ganesh Verma, the CEO of MoogleLabs – An IT venture that primarily offers services in disruptive technologies like Artificial Intelligence, Machine Learning, DevOps, Data Science, Web 3.0, Blockchain, Metaverse, and more.
As a still young organization, we have accomplished some amazing feats and already serve a massive number of clients globally. We have also garnered several accolades thanks to our dedicated team offering remarkable services for every client.
Also, I have worked in the IT department for over 25 years now, which has helped me lead this team effectively and create an environment that facilitates growth and convergent thinking.
2. What is your ground vision for the future of Mooglelabs?
I created MoogleLabs after extensive market research. The IT industry is already massive, and getting lost in the crowd is relatively easy. I wanted to avoid that at all costs, and that too, through my services.
Hence, I chose the disruptive technologies niche. It has allowed me to work with the most innovative organizations while offering unique services that not everyone can boast of.
As I said before, MoogleLabs is still an expanding venture, so our vision for the future is quite consistent for now. We want to leverage the latest technologies that businesses can use to improve their operations and add value if they decide to make that investment.
Our research and development team keeps track of all the emerging technologies and advancements in the field to offer custom state-of-art services to every client. And for now, this is the path we are walking.
3. What was your agency’s biggest struggle? How did you manage to overcome that challenge?
I guess starting phase is hard on everyone. The biggest challenge that MoogleLabs has faced to date is finding appropriately skilled and experienced professionals in the newly emerging technologies. To overcome the issue, we have launched a research and development program that hosts training sessions for our employees.
It has helped us provide a learning and growth environment for our employees and given them the opportunity while enabling them to serve the clientele efficiently.
4. What makes you different from other agencies?
Now that is an interesting question. For one, our services are unique for the current times. Not all organizations are offering these services yet, which limits the pool. I plan on staying ahead of the curve with this company, which means we will add more disruptive technologies to our expertise as they come.
5. What does a day in the life of a CEO look like?
It is filled with management work, meetings with teams, and clients, and much more. At MoogleLabs, we follow the SCRUM management framework.
So, at the very beginning of the day, all the managers of our various departments gather to discuss updates, and current projects and brainstorm.
Then, it is time to delegate and direct agendas, work on finding new ways to drive profitability, and manage the company’s organizational structure, strategy, and communication.
6. Can you tell us about your personal journey? How did you become the CEO of a successful Software Development Agency?
My journey has been nothing short of amazing. After my education, I started working in the IT industry and climbed the corporate ladder. It took a while and a lot of patience, but that time is how I learned everything I know today.
My entrepreneurial aspirations were there from the start of my career. However, as a self-made man, I had to put in the work to gather the funds and know-how before starting this journey.
I had over two decades of experience before deciding to start this venture. As someone who likes to plan my next step, I have encountered challenges, but I have also found solace in my ability to tackle them.
My years of experience in the field have helped me become the CEO of MoogleLabs, and there is nowhere else I would rather be.
7. How do you balance your personal and work life as a leader?
I am not going to lie; it is a struggle. Your business will need you at odd hours. Again, as someone who has worked in other organizations, I understand the importance of work-life balance. But that would be the ideal world. There are times when I need to work late, so I do.
However, I have created a system that allows me to have the best of both worlds. I keep my weekends free for my social life. And on most days, I go back to my family to spend some time with my lovely wife and kids. It is not perfect, but I make it work.
8. Who has been an inspiration to you in your life and why?
Ratan Tata is my inspiration in life. He is such a dignified entrepreneur, and his foresight is remarkable. His entrepreneurial skills are something to marvel at, and it is still a long way to go, but if and when I come close to that kind of success and skills, I will know that I have made it in life.
9. How diverse is your team? Do you believe agencies should take further actions to diversify their teams?
It is pretty diverse, with employees from a range of states and different backgrounds. Though, I must admit it is not intentional.
We have been lucky in getting a pool of potential candidates that varies significantly, and our first aim while conducting interviews is to find the best candidate.
And when I say best, I mean the ones with the most potential. And we consider people with unique backgrounds because they have different life experiences, which helps us gain insights that are not available otherwise.
Yes, of course, there should be diversity in the team. It has helped us immensely in our operations. Though, if you want a diversified group of individuals to work for your organization, first invest in a diverse and competent management that can offer appropriate guidance to your employees.
10. How do you assess the role of research agencies like Companies Dekho in bridging the gap between clients and service providers?
Research agencies like companiesdekho play a huge role in bridging the gap between clients and service providers. For one, they are the ones who help build an organization’s reputation and bring more potential clients to the organization.
Additionally, it gives potential clients a viable online platform to understand an organization’s strengths, helping them find the right fit for their needs. The importance of research agencies like Companies Dekho cannot be stressed enough.
11. Considering the industry dynamics, do you think it’s more challenging for women to become leaders in IT Industry ecosystem? Why/why not?
The ratio is off when it comes to comparing women to men’s ratio as business leaders in the IT industry ecosystem. Women have traditionally been responsible for the majority of unpaid labor, but the dynamics of the world are changing.
More women are now seeking jobs in organizations and reaching CXO positions, and several others are pursuing their entrepreneurial goals. The innate management skills in women have massive potential in the corporate world.
Currently, there are efforts to get more women engaged in the IT field, and the divide is only decreasing. Of course, at MoogleLabs, we have high expectations of every employee and invest in their growth to see every one of them become business leaders.
12. Have you ever failed in your initiatives? What have you learned from your failures?
We all fail somewhere in our lives. Thankfully, I still haven’t come across a failure that has kept me down for good. In the IT field, it is always about improvement, and nothing is perfect from the start.
So, I see my failures as opportunities to optimize my efforts for better results. But then I take more calculated risks in life, which enables me to limit loss, giving me enough space to try again when I am wiser.
13. What is the best decision you’ve ever made?
When it comes to the career aspect of my life, starting MoogleLabs was the best decision I ever made. It is a challenging venture, but it is giving me the opportunity to grow and improve, not just monetarily but also as a person.
Stagnation in personal growth is a killer for your career. So, for me, starting MoogleLabs and seeing it through while keeping the latest technologies as the priority was the best decision I made to date.
14. What stimulated your ideas to start a new business venture or to bring significant changes to an existing business/workplace?
My entrepreneurial aspirations came well before I even finished my education. I knew that I wanted to do something that correlated with my education, and hence I started working in the IT industry. When I began my journey, the IT industry was still in its early stages.
So, I had the time to grow with the industry. I have seen it evolve and change so many times. I wanted to create an organization that primarily focused on these disruptive innovative technologies capable of changing the entire world as we know it. And that is what stimulated me to create MoogleLabs, a company focused on offering only the latest and most disruptive technologies you can find.
15. What effective strategies you have implemented/initiatives you have taken to achieve success?
Curate a team that is as motivated as you to see the venture succeed. Know that you still have so much more to learn. Hire experts who are good at their job and will provide remarkable insights that you might not know.
Learn from them, extract from your experience, and create an environment that allows your business to flourish. Be accountable for your actions, and keep others accountable for theirs.
16. How do you define success? What is your take on the ways to achieve long-term success?
As I see it, success is whatever you choose it to be. For me, success is running a profitable venture that gives its clients the results they want and its employees the perfect environment to grow and improve. I have been fairly successful in that aspect.
Of course, I would like to see more profits in the future and work on more exciting, challenging, and higher-impacting projects. But then, that drive should never die. It is the only way to improve in life.
And you should have an overall fulfilling life.
17. Do you think your personal life is affected by your professional life? How?
I have kept my work and personal life as distant as possible. I do not let them overlap, and I do not bring my office troubles home.
It helps me lead a more balanced life. The best thing you can do to segregate your home and work life is to never let what is happening in the office affect you when you reach home.
As an entrepreneur, you must be available in need and emergencies, but those are limited. Otherwise, I can detach from work and focus on my family once I go home.
18. As a CEO, can you please share some interesting stories, experiences, and projects that you are proud of?
The start of my entrepreneurial journey was a rollercoaster ride that I will never forget. My small team sat around in a small room, making plan after plan, considering every contingency, and finding solutions. Now, we have the opportunity to work on various exciting projects.
Recently, we came out with SleepBleep, an AI application to alert drivers if they show signs of fatigue or sleepiness. And that is pretty amazing.
19. What do you think are the biggest challenges your industry will face in the next 5 years?
One of the biggest challenges that the IT industry will face in the coming few years is the need for rapid change in the structure and function of organizations.
Automation and AI are changing the way we operate today. It makes things simpler for organizations while allowing businesses to find more cost-effective and efficient business methods.
However, with constant changes and innovations in IT operations, software companies now need more agility in their operations.
Additionally, their employees must be willing to improve and change as new technologies emerge for the best outcome.
Software development companies will also need a robust Learning and Development department to help make change easier for existing employees and make their operations competitive.
20. What kind of payment structure do you follow to bill your clients? Is it Pay per Feature, Fixed Cost, or pay per Milestone (could be in phases, months, versions, etc.)
We are open to various kinds of payment structures for our clients. Preferably, we bill per hour. It makes sure that our client has a clear understanding of how much work went into the job, and our efforts are paid accordingly.
However, getting paid per feature or opting for a fixed-cost option is not bad if the requirement is cut and dried. The fact is that clients change their minds and want to do things differently mid-way, which is why the pay-per-hour method works the best.
21. What are the key factors that you consider before deciding the cost of a blockchain application?
Well, it depends on the blockchain they want to use. Additionally, the types of features they want to provide in their application will also determine the cost.
Some blockchain development companies are also looking to use AI and automation in these applications for improved customer experience, which can drive up the cost and time needed to finish the project.
However, we generally create deals on a client-to-client basis. We understand that no two requirements are the same. Everyone wants to be unique, which means creating a bespoke roadmap for every project and charging accordingly.
22. What is your company’s business model–in-house team or third-party vendors/ outsourcing?
MoogleLabs is headquartered in Canada, and our developers here work on the project. Additionally, we have a development team in India that contributes to these projects.
So, there is no outsourcing of the tasks. It has worked well for us as it allows for a diverse range of professionals to work on every project, giving us better insights and results on every project.
We are blessed with good fortune and are working on expanding our team to serve our existing clients better and bring more customers in the door.
