GoodFirms Interview with Alex Velesnitski, CTO at Timspark

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 interviewed our CTO, Alex Velesnitski, to discuss how Timspark helps businesses thrive with cutting-edge software solutions.

With 18+ 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.

Sparking Success with ‘Core Teams’

Our journey began with a passion for challenges and a drive for excellence. The name ‘Timspark’ embodies the vibrant energy of our teams, who are the ‘spark’ that ignites the success of every project. This distinctive name also represents our mission to spark innovation and collaboration.

While we excel in cost-efficient staff augmentation and dedicated teams, we’ve innovated with our ‘Core Teams’ concept. These small, elite groups of 2 to 7 experts are a flexible way for businesses to get top-tier specialists dedicated to their success. Our goal is to reshape software development, inspiring teams to achieve outstanding results with in-house-like dedication.

Delivering Real Results

At Timspark, we measure success not just in projects completed, but in tangible outcomes for our clients. Our portfolio, which includes everything from automated risk assessment for pharma to modernizing logistics systems, shows our deep expertise across over 10 major business sectors.

Some of our key achievements include:

• Fintech: We’ve helped clients achieve up to a 99% release success rate with 50% fewer incidents after hardening their delivery pipelines. We also secured over $65k in cloud savings through automation.
• Healthcare: Our solutions have achieved 100% data integration accuracy with zero critical errors, ensuring audit-ready documentation for sensitive data flows.
• SaaS: We’ve improved app performance by up to 40% and reduced page load times by 60%. We can also scale teams rapidly, starting with a small pod and growing as the roadmap expands.
• AI Development: We’ve developed and launched a variety of AI-powered solutions, including an AI-Powered Point Cloud to BIM Conversion solution for architecture, demonstrating our expertise in advanced technology and a focus on forward-thinking solutions.

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 provide us with access to over 1,000 vetted engineers, enabling 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 utilize adaptable engagement models to cater to the unique needs of each client, offering customized 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.

Building Trust Through Transparency

More than 70% of our new clients are referrals, a testament to the trust and transparent communication we build from day one. We believe that honest conversations and acting on feedback are the keys to successful, long-term partnerships.