One thorn of experience is worth a whole wilderness of warning.
At its core, successful entrepreneurship is one which is about risk-taking. It’s not solely about pushing the boundaries; instead it’s about ripping it up and inscribing new boundaries. It’s about having the requisite confidence and conviction behind your idea. It’s about experience!
Boasting over 25 years of extensive experience in the software industry, Vaios Vaitsis—The Founder and CEO of Validata—is one such dedicated entrepreneur who leveraged his years of experience to bring-forward a vision and pioneered it into a success. Responsible for developing software companies through the development of global partnerships and channel sales, Vaios possesses deep domain knowledge in data lifecycle management, Project Intelligence, and test analytics software. Prior to Validata, Vaios was the Founder, President and CEO of another two successful start-ups, where he was responsible for developing channel sales &franchising, talent acquisition and team building.
The Spark that Ignited Fire
Vaios’ extensive knowledge and understanding of the Automated Lifecycle Management industry stemmed the vision and the need for a model-driven, integrated ALM solution provider with automated Testing capabilities. He translated his vision into a reality with the inception of Validata in 2004.
Leading the Industry with its Unrivaled Solutions and Services
Being the leader in the Enterprise Software market for DevOps and Application Lifecycle Management (ALM), Validata strives to help its clients by accelerating their application delivery, optimizing business risks and reduction of costs.
It provides the only unified DevOps and ALM platform for the financial services sector, which can address all of DevOps initiatives such as Continuous Testing, Continuous Integration and Deployment, including real-time Test Analytics. Keeping both Agile and Cloud in mind, Validata was built from the ground to bring together requirements, testing, defects, planning, resources, development & deployment, capable of integrating with external systems such as HP QC, CA Clarity, IBM RTM, Atlassian Jira etc., and in delivering a ‘single version of the truth’ across all of its clients’ projects.
Presently, Validata has a vast combination of loyal marquee customers, innovative market tested products and an amazingly talented workforce.
“I am honoured to continue working with such talented people dedicated to technology, innovation and passionate about listening to our clients,” Vaios mentions.
Rising Above the Initial Hurdle
Validata’s initial establishment of the business was not straight-forward with investors, banks, and partners. While others seemed skeptical of the venture into the world of automation and robotics. But the company’s success proved all of its early critics wrong.
Today, Validata is expanding its presence and spreading its tentacle of services by opening new offices across Asia, ME and the US. They possess a diverse group of employees, proficient and capable in their individual spectrum of work. Validata’s link up with Temenos—one of the leading companies specializing in enterprise software for banks and financial services—is also one of its key positive highlights.
An Acute Understanding of the Industry
Manual testing is a time consuming, error-prone process, engaging testers in repetitive tasks and writing scripts to test requirements, gaps, chasing change, but this approach gets unwieldy over time as the volume of scripts that need to be managed just keeps growing. The ability to automate an on-demand assessment of a release candidate’s level of business risk is critical in order to protect user experience.
However, only 20% of testing is now automated. 80% is still carried out manually due to the failure of automated testing processes, scripting languages which are fundamentally limiting, special technical skills which is difficult to find and expensive to hire. In addition, software testers are now expected to test applications that are becoming more complex over time, delivered at the accelerated pace of Agile and DevOps.
“Our vision was to make automation work, and turn the manual testers into automation experts. We are committed to help clients adopt modern testing methodologies to support their digital transformation initiatives, and continue delivering measurable business results in terms of accelerating innovation, reducing business risks, and optimizing testing costs. ” Vaios points out.
Since we can produce repeatable testing assets, this eliminates the additional costs for automation script maintenance which are a resource-intensive and expensive activity every time an application undergoes a change. Clients are now be able to adopt test automation as a strategic and long-term solution and benefit from lower costs and faster return on investment (ROI).
As software development and testing teams move from waterfall approaches to continuous delivery and continuous testing, QA and DevOps needs monitoring that brings greater visibility across the entire lifecycle
Validata’s AI driven test automation and test analytics platform was built from the ground-up to drive Agile and DevOps, thereby empowering teams to increase test and code coverage, test real-user flows better, track down root causes, and use prediction models based on extensive data-mining and iterative learning techniques. This, in turn, maximizes the efficiency and minimizes costs and risks related to recurring software lifecycles.
The Key Attributes to Entrepreneurial Success
Unusual among other CEOs, Vaios has an uncanny ability to adapt to unpredictable circumstances, with a unique understanding of the market landscape and the needs of its clients. He is an innovative thinker, an accelerator of talent and an incubator, and believes in thinking big. Additionally, Vaios stresses upon the importance of persistence and dedication as two of the key attributes for aspiring entrepreneurs.
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