Search past winners/finalists


  • MESA logo

Tek Leaders Inc, Frisco, Texas: Devender Reddy Aerrabolu, CEO

Company: Tek Leaders Inc
Company Description: Tek Leaders is a Dallas-based fast growing, global, innovative IT Solutions company specializing in IT Staffing, Digital Transformation and Managed Services to our clients. We support our clients to create and execute strategies for IT transformation and Businesses. Our core capabilities includes cloud services, application development, knowledge management and business process management.
Nomination Category: Management Categories
Nomination Sub Category: Achievement in Management - Computer Services
2023 Stevie Winner Nomination Title: DEVENDER REDDY AERRABOLU, CEO
  1. Which will you provide for your nomination in this category, an essay of up to 650 words describing the achievements of the nominated management team, group, or individual since January 1 2021, OR a video of up to five (5) minutes in length describing the same? CHOOSE ONE:
    An essay of up to 650 words
  2. If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video:

     

  3. If you are providing an essay of up to 650 words, place it in this space:

    Total 472 words used.

    Devender Reddy Aerrabolu has always set high standards for himself since migrating to the U.S. from India at age 24. He dreamed of starting his own software services company and worked for several IT firms with increasing levels of responsibility, each taking him closer to his dream.

    In 2017, Aerrabolu’s vision/leadership/ownership prompted the introduction of several new product lines, including Data Analytics (DA) services, Artificial Intelligence (AI) and Machine Learning (ML). This novel idea propelled Tek Leaders growth, which nearly doubled 2018-2019 as it supplemented its offering with broader Business Intelligence (BI) solutions, quickly embraced by the market/its clients.

    Under Aerrabolu’s direction, Tek Leaders grew organically and significantly. Since 2021, he realized many milestones in his career, having reached pinnacles leading his current business, Tek Leaders,  set records across many financial benchmarks and workforce size.

    Among the biggest industry challenges Aerrabolu witnessed, since assuming ownership of Tek Leaders, was attracting/retaining talent and maintaining steady revenue stream for the health of the company. This ongoing recruitment strategy strengthened Tek Leaders’ market-leading position in 2021, resulting in - on average - eight years of current employee retention.

     Known for his insatiable appetite for new ideas, the ability to convert possibilities into opportunities and an unrelenting drive for success, through his creative mindset, deep dedication and persistent leadership style, Aerrabolu continues to set his goals higher.

     By providing business intelligence services to its customers, Tek Leaders is creating significant value for them while etching out its competitive advantage. The services Tek Leaders brings to its customers are proving extremely valuable, as evidenced by the Company’s 2020 successes.

     Looking ahead, Tek Leaders is on the cutting edge of digital transformation and business intelligence practices not only in AI, DA and ML but also in blockchain, IoT, Big Data and data mining - the next big things that will influence not only the IT space but the entire business landscape. Aerrabolu and his team regularly strategize about best practices and how to incorporate these advancements into Tek Leaders’ offering to ensure they are on the cusp of the ever-changing tech landscape.

     Aerrabolu never rests as 2022 is projected to be another record-setting year for Tek Leaders with estimated pro-rated revenue expected to reach $80+ million despite recession fueled by COVID-19 pandemic.

    We got recognized by Inc 5000 and made it to their list since 2018. Here is Tek Leaders profile on Inc 5000 website.

    Inc. 5000

    No. 1184 (2021) 409% 3-Year Growth

    No. 605 (2020),

    No. 1099 (2019)

    No. 554 (2018)

    Inc. 5000 Regionals: Texas

    No. 52 (2021)

    No. 136 (2020)

    Source: https://www.inc.com/profile/tek-leaders

    Tek Leaders was ranked 4th in 2020 Dallas 100 by the Caruth Institute for Entrepreneurship at Southern Methodist University’s Cox School of Business

    Source:https://www.bizjournals.com/dallas/news/2021/02/18/dallas-100-2020-rankings.html

    Complete list of awards and recognition till date:

    https://tekleaders.com/about-us/#awards

  4. In bullet-list form, provide a brief summary of up to ten (10) of the chief accomplishments of the nominee(s) since January 1 2021. This is required whether you are submitting a video or an essay:
    1. Revenue and Employee growth increased 4x to $90M and 800 employees respectively by the end of 2021.
    2.  Invested – Spent $800,000 in R&D for emerging technologies/software products
    3. Restructured top management/executives to position company for stability and future growth.
    4.  Added new offices in Atlanta and Florida; in process of adding more US branches. Total offices in operation at year end was at five worldwide
    5. Earned accolades for its business, management and results across leading community and business programs.
    6.  Added six large Fortune 500 clients with contracts valued at $1-2M annually, taking company into new IT territories
    7. Increased the company’s footprint by bringing in revenue from South American and Southeast Asian Clients.
    8. Began process to acquire another IT company with 100 resources/$12M revenue.
    9. Organic growth of workforce despite downturn in economy. Currently having 800 employees.
    10. Completed acquisition of an IT company that brought additional resources/annual revenue of $15+M.
Attachments/Videos/Links:
DEVENDER REDDY AERRABOLU, CEO
URL www.inc.com/profile/tek-leaders