As a top B2B research, review, and listing platform GoodFirms has played a key role in elevating Timspark’s visibility among prospective clients, significantly driving new business prospects and strengthening its reputation. This time Goodfirms made an extended interview with our CTO, Alex Velesnitski to talk about how Timspark helps businesses thrive with cutting-edge software solutions.

With over 17 years of expertise in leadership and development, Alex Velesnitski, works as Chief Technology Officer (CTO), overseeing the company’s technology strategy, ensuring it aligns seamlessly with our business goals, and managing our engineering and development teams to deliver exceptional, quality-focused software projects.

Here is a recap of the interview. 

The story behind Timspark’s founding

Timspark was founded with a passion for challenges and a strong drive for excellence. The name ‘Timspark’ represents the driving force that fuels our talented engineers and teams, pushing them toward success. It also symbolizes the supportive ecosystem we cultivate, where professionals grow into experienced teams and evolve into industry leaders.

‘Timspark’ reflects the vibrant energy of our teams (team + spark), or the team spark that ignites the success of our projects! Why not ‘Teamspark’, you ask? Timspark, because it combines a trendy naming style known as creative misspelling and word blending. This distinctive spelling not only sets us apart but also embodies our mission to spark innovation and collaboration within our teams.

Our company specializes in cost-efficient software development, with staff augmentation and dedicated teams at the heart of our business model. However, we made an innovative step forward, creating the concept of ‘Core Teams’—small, elite teams of 2 to 7 skilled professionals with deep expertise in specific technology areas and business domains.

At Timspark, we are committed to fostering professionals who genuinely care about the value they provide to our clients. Our goal is to reshape software development on a global scale, inspiring teams to achieve outstanding results with in-house-like dedication.

On Timspark’s key achievements and milestones

Since its inception, Timspark has reached several important milestones that highlight our dedication to innovation and excellence in software development. Some of our key achievements include:

– We’ve developed and launched a variety of AI-powered products that have made a major impact across different industries, showcasing our expertise in advanced technology.

– Our client base has grown globally, with satisfied customers across a wide range of industries benefiting from our customized software solutions.

– We’ve earned industry recognition for our innovative work, establishing our reputation as a leader in software development.

– We’ve successfully built and supported over 30 teams of experienced specialists who possess deep knowledge of both business and technical fields. 

At Timspark, we’ve built an environment where talented professionals can grow and succeed while delivering high-quality solutions and driving innovation. We’re proud of our journey so far and are committed to pushing the boundaries of software development.

On Timspark’s business model

Timspark primarily operates with an in-house team, ensuring we consistently deliver high-quality software development projects. We also collaborate with strategic partners. These partnerships give us access to over 1,000 vetted engineers, allowing us to scale our solutions efficiently and address the diverse needs of our clients. This hybrid approach combines the reliability of in-house expertise with the flexibility to quickly expand with top-tier external talent.

How Timspark differentiates itself from competitors in the industry

At Timspark, we differentiate ourselves from competitors through a unique blend of traditional outsourcing and an innovative approach we call Core Teams. Our business model starts with the conventional methods of staff augmentation and dedicated teams, ensuring we meet the foundational needs of our clients.

Our team members go above and beyond to deliver exceptional results, resulting in higher-quality work and faster time-to-market compared to conventional outsourcing models. We use adaptable engagement models to cater to the specific needs of each client, providing custom software development services that truly stand out. Whether it’s a short-term project or a long-term collaboration, we adapt to deliver maximum value.

Timspark boasts advanced capabilities in AI/ML, Python, mobile development, and DevOps. We are committed to continuous improvement and regularly invest in upgrading our technology infrastructure to enhance our service offerings. This includes adopting the latest tools and technologies and ensuring our solutions are always at the cutting edge. Additionally, we focus on training and development for our team, as well as investing in R&D, exploring new technologies and trends to stay ahead in the industry.

Focus industries the company caters to

We are industry-agnostic, catering to a diverse range of sectors. Our engineers have deep expertise in over 10+ major business sectors, consistently providing tailored, high-quality software solutions across different fields. However, we place special emphasis on agriculture, banking, enterprise, healthcare, eCommerce, and cybersecurity.

Core values and principles that drive the company’s culture

Timspark’s core values are innovation, integrity, and teamwork. We maintain alignment with these principles through open communication, frequent team meetings, brainstorming sessions, and fostering a culture of ongoing learning and improvement.

We are strongly dedicated to the professional development and growth of our employees at Timspark. We believe that investing in our team’s skills and knowledge not only enhances their careers but also drives our company’s overall success.

To support this commitment, we provide comprehensive training programs and workshops aimed at keeping our employees at the cutting edge of industry developments. These programs address a broad array of topics, from the latest technological advancements to best practices in project management.

A key initiative is our Educational Club, a monthly community-driven meetup. In these sessions, team members choose the topics, ensuring they are relevant and engaging. The Club’s objective is to boost the company’s efficiency by enhancing employees’ knowledge and understanding of subjects that benefit their work.

Alongside the Educational Club, we conduct monthly Town Hall meetings where all employees gather online to exchange news, provide updates, and address any questions. This open dialogue promotes a sense of unity and ensures everyone is aligned with the company’s vision and objectives.

Through these efforts, Timspark not only supports ongoing learning and development for our employees but also fosters a collaborative and informed work environment.

On building and maintaining strong relationships with clients

We value trust and transparent communication, which helps us establish and sustain strong client relationships. From the beginning, we ensure clients can depend on us, allowing them to concentrate on their business objectives. We keep communication channels transparent, so clients are always informed and assured. Honest conversations enable us to understand and address client needs effectively. We actively seek and act on feedback to keep projects on course. More than 70% of our clients come to us through referrals, reflecting the trust and satisfaction we build.

Read the full interview here