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Article Title: The DQ 181 - 190
URL: http://dqindia.ciol.commakesections.asp/08080702.asp
Section: Company Ranking 08
Author Name:
Author Email:
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181 | Newgen
Software Technologies
The year saw Newgen bagging several banking and insurance deals including
seven contracts from Saudi banks like National Commercial Bank, Al Jazeera Bank,
Arab National Bank, and Capital G Bank of Bermuda. The Arab National deal
involved deployment of the Cheque Truncation System (CTS) and Yes Bank was
another CTS customer. The company bagged major deals in insurance from LIC and
United India Insurance. To facilitate venture into the US and Europe, Newgen
sold close to 10% stake to HSBC Private Equity for Rs 30 crore.
|
 |
n
SAP Labs plans to pick up
10-15% stake in Newgen
n Expanded
Chennai development center into a new facility at SIPCOT IT Park |
|
l CEO:
Diwakar Nigam l Start-up Year: 1992 l Products &
Services: BPM, document management and imaging solutions l
Employees: 1,042 l Branches: 13 l Address:
A-6, Satsang Vihar Marg, Qutab Institutional Area, New
Delhi-110 067 l Fax: +91-11-26856936 l Website:
www.newgensoft.com |
182 | Cambridge
Technology Enterprises
The company went public last year, and acquired ComCreation, Reilly & Associates
and Q-soft systems. With these, it added enterprise application implementations,
legacy system migration, and remote DBA to its portfolio. It also launched a
free online tax preparation service. Krishna Nangegadda took over as president,
North America and split the operation into twoNorth America Government, and
North America Commercial, for which Ravi Joseph became the head, while Ramesh
Reddy became the head of newly created Apac business unit.
|
 |
n
Joined the SOA Consortium
n Is
a certified partner of Oracle for implementations in process
manufacturing area |
|
l Chairman and
CEO: Bhaskar Panigrahi l Start-up Year: 1999 l
Products & Services: IT services, product engineering,
infrastructure services and consulting l Employees: 100
l Address: 1244, Road No 36, Jubilee Hills,
Hyderabad-500033 l Tel: +91-40-40234400 l Fax:
+91-40-40234600 l Website:
www.ctepl.com |
183 | Quintegra
Murali Subrahmanyam was appointed COO, following which the company aligned
itself into five verticals with practice heads taking over each of them. It
provided a holistic service to its clients using its Operations-as-a-Service
methodology. It was awarded copyrights for its proprietary products including
Flexible Real Estate Sales, HMIS, and EduCampus. The company acquired US-based
PA corp in a $49 mn all-cash deal, which brought clients like Charles Schwab,
NASD, Amex, Washington Mutual, and Wells Fargo in high-end consulting.
|
 |
n
Awarded ISO 27001:2005
certification on information security management
n Acquired
ValleyUS and Jadelite Technologies for $10.5 mn |
|
l CEO:
Shankarraman Vaidyanathan l Start-up Year: 1994 l
Products & Services: Enterprise IT management &
consultation, application management, SAP, CRM, data
warehousing l Branches: 12 l Address: 168,
Eldams Road, Chennai-600018 l Tel: +91-44-43917100 l
Fax: +91-44-24328399 l Website:
www.quintegrasolutions.com |
184 | Lauren
Information Technologies
Lauren saw high growth from its infrastructure solutions and in-house range
of software products and services. Hardware contributed 68% to its revenue, and
It increased its presence in the pharma sector with high profile customers like
Glenmark, Panacea Biotech, and Pfizer. In retail, the company added new clients
such as Home Care Retail and MyDollar. Another big win was Hindalco for
messaging solutions to 18,000 users. On the SI front, Lauren entered the
virtualization space with VMW and partnered Citrix on thin clients.
|
 |
n
Strengthened its focus on
the pharma sector
n Planned
to enter ERP space and launch a logistics product |
|
l CEO:
Rawlin Pinto l Start-up Year: 1992 l Products &
Services: Software development, software products,
infrastructure solutions, hardware products, networking and
facilities management services l Employees: 429 l
Branches: 13 l Address: Jains Arcade, 3rd Floor,
14th Khar Danda Road, Khar West, Mumbai l Tel: +91-22-26007701
l Fax: +91-22-26007702 l Website:
www.lauren.co.in |
185 | RMSI
During the year, RMSI aligned its growth strategy to target opportunities in
five focus verticals with the objective of becoming more competitive when
seeking large contracts. While the company had started experimenting with the
strategy in FY 07, its effective implementation started in FY 08. The company
created an SBU for the agriculture and natural resources vertical. It will be
spinning off the remaining verticals into separate SBUs as well in the future.
The company meanwhile added forty-three new clients during the year.
|
 |
n
Opened a new delivery center
in Dehradun with a seating capacity of 270
n Increased
Hyderabad center capacity |
|
l Managing
Director: Rajesh Kalra l Start-up Year: 1992 l
Products & Services: Geospatial information, software
service, data solutions, modeling and analytics l
Employees: 1,507 l Address: A-7, Sector 16,
Noida-201301 l Tel: +91-120-2511102/2512101 l Fax:
+91-120-2511109 l Website:
www.rmsi.com |
186 | Choice
Solutions
In FY 08, the company provided technology resources, architecture, design,
development, testing, and deployment for K-Nect, a pilot education program in
the US. Using smartphones with advanced mobile broadband technologies, K-Nect
was targeted to deliver educational material to ninth grade students in a few
counties. The company ramped up its focus on data center business. It deployed
Salesforce.com to streamline its sales management and delivery with the back
office processes. Choice is now a company that provides a range of IT solutions.
|
 |
n
Provided technology
resources, and architecture, design, development, testing and
deployment expertise for K-Nect project
n Deployed
Salesforce.com |
|
l CEO: KV
Jagannath l Start-up year: 1991 l Employees: 378
l Branches: 12 l Address: Plot No 21, Road No
71, Jubilee Hills, Hyderabad l Tel: +91-40-23547600 l
Website:
www.choicesolutions.com |
187 | ASM
Technologies
During the year, ASM signed a definitive agreement to acquire 100% of Enterprise
Software Resources. This acquisition was through ASMs wholly owned subsidiary
in Singapore, Advanced Synergic, and financed by Indian Bank, Singapore.
Enterprise Software Resources is a US-based firm involved in strategic SAP
consulting for Fortune 500 and SME companies in the US. The acquisition has
afforded ASM the opportunity to expand its offerings to a larger SAP client base
in the US and broaden its revenue margins.
|
 |
n
42 new clients were added
during the year by ASM (group)
n Enterprise
Software Resources a US based firm, in an all cash deal |
|
l CEO:
Rabindra Srikantan l Start-up Year: 1992 l Products
& Services: Software development and consultancy services
l Employees: 511 l Branches: 2 l Address:
80/2, Lusanne Court, Richmond Road, Bangalore-560025 l Tel:
+91-80-66962300 l Fax: +91-80-22273606 l
Website: www.asmltd.com |
188 | Value
Momentum
With a good topline growth compared to last year, Value Momentum saw a
substantial increase in the number of client engagements delivered offshore. The
company also saw substantial increase in the revenues from India and Apac on the
insurance enterprise market segment. The company has made a mark in its
insurance products domain through iFoundry insurance solutions.
|
 |
n
Recognized the Top Tech 2007
survey, in the category of Most Value Adds vendors in the
North American market |
|
l CEO:
Samanthapudi Gopimani Raju l Start-up Year: 1992 l Start-up Year: 1999 l
Products & Services: IT services l Employees: 274 l
Address: Plot No 1, Sagar Society, Road No 2, Banjara
Hills, Hyderabad-500034 l Tel: +91-11-23556289 l
Fax: +91-11-23556087 l Website:
www.valuemomentum.com |
189 | Mistral
Solutions
FY 08 saw the amalgamation of group companies under Mistral Solutions. It
raised $6.5 mn in venture funding from entities like Nexus and JAFCO Asia for
its global expansion. On the products side, it came out with OMAP2530 and
OMAP35x EVMs, ideal software development, and device prototyping platform for
product developers to expedite their multimedia-based device development. Its
8-Tiger SHARC and PowerPC Board (V8TS) were also recognized by industry bodies
like Nasscom as market facing innovations.
|
 |
n
Won the Nasscom IT
Innovation award, 2008
n Forged
new partnerships with Adacore, Altium, and Coverity |
|
l CEO:
Anees Ahmed l Start-up Year: 1997 l Products &
Services: Embedded solutions l Employees: 287 l
Branches: 8 l Address: No 60, Adarsh Regent, 100
Feet Ring Road, Domlur Extension, Bangalore-560007 l Tel:
+91-80-25356400 l Fax: +91-80-25356440 l Website:
www.mistralsolutions.com |
190 | Nelito
Systems
Nelito continued to target tier-2 and tier-3 banks across the globe with its
flagship core banking solution FinCraft Core. After having its systems and
processes appraised at CMMI Maturity Level 3, the company is now pursuing CMMI
Level 5. It entered the BI space by signing up with MAIA Intelligence as a
consulting partner, through which Nelito offered consultancy on strategic
planning, implementation, technical infrastructure, data integration, custom
upgrade, and migration services on MAIAs 1KEY Business Intelligence Platform.
|
 |
n
Won the Best ISV Sales & Marketing Award from Microsoft
n Strengthened
presence in ERP and BI space |
|
l MD: P
Bhaskar Rao l Start-up Year: 1995 l Products &
Services: Software services and products l Employees:
1,077 l Branches: 13 offices, 120 delivery facilities l
Address: 2205-208, Building 2, Sector 1, Millenium
Business Park, Mahape, Navi Mumbai-400710 l Tel:
+91-22-27782646 l Fax: +91-22-27782643 l Website:
www.nelito.com |
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