76 | Rashi Peripherals
Rashis mobility products recorded 100% growth during the year. Some of the new principals added during the year included Sandisk and Senao to expand its reach. While Sandisk is for storage products, it will distribute outdoors wireless solution for the entire range of indoor and outdoor wireless solutions from Senao. Rashi launched Digital Vision 2006 & Beyond, a 40 city program aimed at conveying the concept of digital convergence.

77 | SFO Technologies
In a year of strategy, Nest Group consolidated itself under a new nameSFO Technologies (formerly NEST Group). It acquired two companiesAshling Microsystems, Ireland, which will enable it to make significant penetration into the automotive and aerospace embedded systems market in Europe. And, Northlight Optronics, Sweden, which gives SFO access to state-of-the-art technology, an established market in high speed communication, and access to key customers worldwide.

78 | Sasken Communications Technologies
Like most Indian firms, Sasken was in the acquisition modeacquiring Finnish company, Botnia Hightech, a leading wireless services provider. It also acquired Chennai-based iSofTech for $1.5 mn to expand its portfolio related to networking, VoIP and wireless. The company entered into a JV with Tata AutoComp to get into automotive electronics, and signed up with Lenovo Mobile. The real high was its deal with Motorola, providing the multimedia application suite for Motorolas new phone, RIZR.

79 | AMD India
AMDs 64-bit dual core battle with Intel continued, especially on the mobile front with the release of Turion 64x2. The acquisition of ATI further improved AMDs position in the Indian market, with the market share touching 25%. With Intel going strong on affordable computing for the rural masses, AMD too followed suit by partnering with the Maharashtra, Assam, and Punjab governments. There was a top management change with Alok Ohrie taking over as MD.

80 | KPIT Cummins Infosystems
There was no slowing down in the M&A overdrive of the last few years; this year KPIT acquired Bangalore-based CG Smith Software for Rs 38 crore. CG Smiths strong focus on embedded systems for automotives provided KPIT with strong tier-1 relationships in both Europe and Japans automobile sectors. On the other hand, Japanese semiconductor solution provider Renesas established a dedicated ODC in Bangalore, culminated into the company revenues finally crossing the $100 mn mark.

81 | EMC India
EMC dominated the SAN market and also posed a stiff challenge to NetApp in the NAS market, where it deployed several of its CAS range of products. Overall, it emerged as the leading storage vendor though the focus was on positioning itself as an information infrastructure player. CEO, Joe Tucci came calling with a $500 mn investment announcement. Following the acquisitions of RSA Security and Valyd, EMC also added two development centers in Bangalore and Hyderabad.

82 | Canon India
For expanding its retail presence, Canon India engaged with 41 retail chains across the country. The product portfolio was expanded with 87 product launches including 51 new products in eight different categories launched in a single month. The year also saw Kensaku Konishi taking over as the new president and CEO. Canon will continue educating channel partners through its Gurukul and Gyan Yatra programs with 60 Gyan Yatras covering 52 towns.

83 | Zylog Systems
Zylogs getting bigger every year with good y-o-y topline growth. The companys aspiration to hit the big league becomes evident from its ambitious plans for two ODCs in Chennai, earmarking Rs 66 crore for this purpose. Over the year, it had a healthy mix of business from its key solution areas like IT outsourcing services, application services, managed services, business intelligence and data warehousing, mobile computing services, QA, and BPO.

84 | Helios & Matheson
Gartner analysts predict that by 2009, healthcare investments in IT will increase by more than 50%. This augurs well for companies like Helios & Matheson, a healthcare focused IT company. A significant event last year was it changing its US subsidiary, TACT Inc to Helios & Matheson, North America launched at the UN headquarters in New York. A look at the financial health of the company reveals its spectacular performance with a 58% growth in net profit.

85 | WeP Peripherals
A printer major into IT peripherals manufacturing and outsourcing, it derived the bulk of its revenues from impact printerswhich constituted 41% of its total top line. UPS revenues stood at Rs 35 crore, followed by consumables at Rs 36 crore. The business printing and managed services division clocked around Rs 33 crore in revenues and reached critical mass. A major milestone during the year relates to the companys network business crossing Rs 100 crore.

86 | Geometric Software
From a PLM solutions company, Geometric transitioned to become an integrated engineering services and solutions firm. Dr Ravi Gopinath from TCS was brought in to steer that change. Geometric acquired the engineering services division of the US-based Modern Engineering that gave it access to customers; a global delivery network consisting of onshore, nearshore, and offshore presence in the US, Europe, and China.

87 | Zenith Computers
Zenith shipped close to 17,000 desktops, signifying a growth of 22% compared to the previous year. The company has been focusing aggressively on notebooks in the last two years, and has product offering across buying segments. But, its growth in notebooks has not been much with volumes hovering around 30,000. A key development in the fiscal was the companys foray into LCD monitor manufacturing.

88 | Subex Azure
Subex Azure, formerly known as Subex Systems, is one of the few tier-2 companies that are taking the inorganic route to growth and global presence. The year saw Subex emerging as a multi-solutions telecom software companythanks to its acquisition of Azure Solutions for $140 mn and Syndesis for about $160 mn. The global ambitions in market reach were matched by global ambitions in wealth creation when it managed to get FCCB and its GDR listed on the London Stock Exchange.

89 | PCS Technology
For PCS Tech, the previous year got extended by three months, closing on June 06, for which the company posted Rs 421 crore. For the nine-months ended March 07, the companys top line stood at Rs 248 crore. However, if we factor the last fiscal on a twelve month basis, the company has posted a negative growth of 5% y-o-y. The bulk of revenues came from its Orion and Prodigy line of desktops.

90 | Aftek Infosys
While telecommunication at 17%, and mobile and wireless solutions at 21% continued to be the largest contributors to Afteks revenues, car telematics solutions saw a steep rise to 11% to from zilch. Clients it added included BMW for its product development and testing solutions. Entering a strategic tie with German OEM storage player BDT AG enabled it to earn a royalty of $300 on each compliance server sold by the company. Launching its DigiHome Product, targeting the Home Automation market too was a high point.

91 | ITC Infotech
ITC Infotech signed contracts with FinnAir, Finlands largest airline, and Danske Bank, followed by setting up dedicated ODCs for them in Bangalore. While ITC Infotech was involved in implementing the frequent flyer loyalty program, e-ticketing and other operational application systems at FinnAir, it was also supporting Danskes entire IT division. The company also launched the Interline e-ticketing Offshore Testing Service.

92 | Numeric Power Systems
Numeric forged a joint venture with French UPS major, Socomec SA to sell, distribute, and service Socomecs 3-phase range of power back-up products in India. With solutions approach becoming the in thing in the large enterprise segment, Numeric rolled out a significant auxiliary power system deployment last year for the Power Grid for the entire North-Eastern region involving end-to-end power back up systems.

93 | Persistent Systems
The concept of usability engineering, involving product development through understanding user behavior, became mainstream this year in the Indian offshoring lexicon. Even for the companys five independent usability projects in financial services, e-commerce and technology verticals and 45 others meant opening up new vistas in its OPD business. It also initiated a design for manufacturing strategy through its Go-to-Live application.

94 | Tata Elxsi
Tie-ups with Texas Instruments for a base band demonstration system for IEEE 802.16E infrastructure products and with Masstech Group to offer media lifecycle management and broadcast workflow solutions were some high points of Tata Elxsi in FY 07. But the creative arm of the group, VCL, which cashed on the increasing trend in the domestic market towards pre-visualization of scenes, soft effects and virtual digital sets, and bagged VFX contracts from major Indian movies as well as Spiderman 3.

95 | D-Link India
D-Links growth to some extent was impacted on account of it transferring the motherboard business to its subsidiary, Gigabyte Technology India, in the last quarter of FY 07. The company introduced Giga/10G wireless switching solution for enterprises. D-Link also introduced IPPBX, Trunk Gateway solutions, and enterprise class IP Phones targeted at the SME and SOHO segments. It also started to solicit customers for offering EMS kind of services at its manufacturing facilities in Goa.

96 | Keane India
In a year that saw two CEOs exiting Keane worldwide, it was not surprising that it had its impact on India operations too. Despite that, the firm grew by a good 23%, thanks to the high value work it managed to bring in. It featured in Nasscoms list of 100 IT innovators for the work that it did for the Transport Ticketing Authority of Victoria, Australia. With Caritor taking over Keane, hopefully things will settle down for Keane this year.

97 | Cranes Software
One of the countrys most innovative product companies, Cranes had a slew of products released during the year, both from its own stable as well as agency operations. Own products included NISA Civil Version 15, NISA Version 15 for Linux, SYSTAT, and InventX SP2M 4.0. It also started distributing in India products like DYNAFORM and VPG from Engineering Technology Associates and LS-DYNA from Livermore Software.

99 | Juniper Networks
Junipers assiduous efforts to build networking market share in India to catch up with Cisco started bearing fruit. It bagged the HP SWAN project displacing Cisco for the first time from a WAN project by an Indian state. More such wins are on the pipeline. Much of the credit should go to the informal alliance Juniper scripted with Nortel whereby the two companies embarked on a joint marketing pitch offering end-to-end solutions to compete against Cisco.

100 | Supertron Electronics
This Kolkata-based distributor graduated into the top league as it went on a spate of adding national level principals: the Seagate tie-up was obviously the most significant, followed by distribution pacts with Transcend flash memories, ASRock and Biostar motherboards, Xenitis components as well as Samsung printers. As part of its expansion initiatives, Supertron set up an office in China for sourcing its Supercomp products.

101 | TVS Electronics
Focusing on the core seemed to be the thought for TVSE last year. To that end, it sold off its Contract Manufacturing Services (CMS), a Rs 28 crore revenue business to Incap Corporation of Finland for an undisclosed sum. After offloading CMS, TVSEs two key business areas remain customer support and transactional printers. DMPs constituted for bulk of the revenues on a volume of 2 lakh shipments.

102 | Epson India
For any commoditized products company, volumes are the key. But volume growth is pretty difficult in segments like DMPs and Inkjetsmarkets with high saturation levels. Yet, Epson pulled through another year with good growth on DMPs with a 42% market share. On single function Inkjets, it shipped 82,046 units and closed the fiscal with a market share of 19%. It dominates the point of sale printer market with a share of 55%.

Page(s)   1  2