Ann Arbor’s Sungrace Software to add 6 people over next 6 months

The Sungrace name a family name. Sorta. Actually, it’s a name Makarand Nalgirkar knows almost as intimately as his own.His father started the first Sungrace company (an engineering firm) in India several years ago. Nalgirkar and his brother started another Sungrace firm in India in 1997. Three years ago Nalgirkar started Sungrace Software in Ann Arbor.Today the company has grown its employee base to four people. It expects to add another six people within the next six months as capitalizes on some impressive quarterly growth statistics.”The first quarter of this year was the best quarter we ever had,” Nalgirkar says.That’s after the firm’s revenue grew 200 percent in its first year and 60 percent the following year. It averages about 25 percent growth each quarter.Sungrace Software has been able to accomplish this by focusing on the quality of its product. It develops engineering software for everything but plans, trains and automobiles — some of the most competitive areas for engineering firms. Sungrace’s software focuses on areas like architecture and the energy industry. Nalgirkar expects his firm to firm up its gains within the next year and build on them. In his eyes the company’s focus will be on continuing what it does best.Source: Makarand Nalgirkar, president and CEO of Sungrace SoftwareWriter: Jon Zemke