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Accel Frontline
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103
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After two consecutive years of flat growth, Accel bounced back. Over the
year it focused on strengthening its partner relationships: grew the Sun
business from $6 mn the previous year to $9 mn last fiscal. The company also got
into disaster recovery and business continuity services. On the services front
Accel inked deals with Hindustan Times (Rs 4.5 crore), Directorate of
Treasuries, Kerala (Rs 1.44 crore) and PWD, Mumbai (Rs 3.5 crore).
l CMD: NR Panicker l Start-up
Year: 1995 l Products &
Services: Hardware, system and network integration, EAI and
infrastructure services l Employees: 1,782
l Branches: 46 l Address:
Accel House, No 75, Nelson Manickam Road, Aminjikarai, Chennai 600029
l Tel: 23741856 l Fax:
23741271 l Website: www.accelfrontline.com
Cranes Software International
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104
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The company made four acquisitions with the objective of reaching scale, and
ramping up top lines. In the process, it de-risked its business model by
reducing the time spent on creating a product from scratch. It acquired
undervalued products, rejuvenated them, went to pressure markets, and made them
available across the world. Customizing its products to address the needs of the
banking, financial and retail sector.
l MD: Asif Khader l Start-up
Year: 1991 l Products &
Services: Design and statistical software products and engineering
services l Employees: 517
l Address: 4th Floor, Block- 1,
Shakaranarayana Building, 25 MG Road, Bangalore 560001 l Tel:
41120000 l Fax: 41231274
l Website: www.cranessoftware.com
Tata Technologies
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105
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The internal restructuring of Tata Technologies that started earlier with
the appointment of auto industry veterans in the top management culminated in
2005-06 with the Rs 400 crore acquisition of UK-based INCAT Technologies, a
provider of PLM services for the auto and aerospace industries. The INCAT
subsidiary in turn acquired Stuttgart-based CEDIS Mechanical Engineering, an
automotive engineering and design (E&D) services provider, to expand its
European presence.
l CEO: Patrick McGoldrick l Start-up
Year: 1997 l Products &
Services: Software and engineering services l Employees:
2,000 l Branches: 9 Address:
25, Hinjewadi Infotech Park, Pune 411057 l Tel:
66529090 l Fax: 24119035 l Website:
www.tatatechnologies.com
Aztec Software Technologies
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106
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It was a great year for Aztec, now re-branded Aztecsoft. Besides a healthy
topline, profit after tax also grew by 106% to Rs 37 crore, from Rs 18 crore in
2005-06. The growth was partially due to the expansion of the outsourced product
development market and because the company got into independent testing services
in a big way. Testing is now one third-about 35%-of Aztecsoft's total
revenues, and grew by 60%.
l MD and CEO: V Chandrasekaran
l Start-up Year: 1995 l Products
& Services: Offshore Product Development l Employees:
2,003 l Address: Maruthi
Chambers, 17/9C, 17/4C, Rupena Agrahara, Hosur main Road, Bangalore l Tel:
25738005 l Fax: 41100587
l Website: www.aztecsoft.com
Adobe Systems
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107
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After the acquisition of Macromedia Inc, Adobe India brought Macromedia's
Bangalore R&D center into its fold. The company's employee strength in the
country rose to 650, after the acquisition. Adobe also shifted its Print and
Classic Publishing Unit to Adobe India. Announced a preview version of its Adobe
Reader in Hindi, which includes a user interface in Hindi and is developed
primarily for the large vernacular audience in the country.
l Managing Director: Dr Naresh
Gupta l Start-up Year: 1997
l Products & Services: Desktop
& enterprise solutions, Print, Publishing & Rich Digital Content
Solutions l Employees: 650
l Address: Adobe Towers, I-1A, City
Centre, Sector : 25A, Noida 201301 l Tel:
2444711 l Fax:
91.120.2537681 l Website: www.adobeindia.com
Network Appliance
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108
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NetApp was the king of the NAS segment, cornering 72% market share. It
featured among the top 5 in storage software for 2005-06. No wonder, it
attracted major accounts like ONGC, Reliance Petrochemicals and British Gas as
well as increased the scope of engagements with Texas Instruments, Times of
India, Genpact, Aviva and JP Morgan Chase. NetApp was a popular choice among
SMBs too.
l Country Manager: George Thomas
l Start-up Year: 2000 l Products
& Services: Storage Hardware, software & services l Employees:
300 l Branches: 3
l Address: Golf Links Software Park,
Varthur Hobli, Mahadevapura, Off Intermediate Ring Road, Bangalore 560 071
l Tel: 41843000 l Fax:
41845102 l Website: www.netapp.com
Intex Technologies
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109
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Delhi-based Intex Technologies is a domestic player in consumer hardware and
consumer electronics. The company has 42 service centers. Its revenue grew 56%
in the last fiscal with the North and West contributing nearly 62% to the
turnover. Peripherals accounted for almost 84% of the revenue. Intex's net
profit grew 54.5% from 2004-05. Started addressing the Eastern, especially
upcountry, market with the launch of its PCs and notebooks.
l President: Sunil Sharma l
Start-up Year: 1996 l Products
& Services: Computer hardware and consumer electronics l Employees:
436 l Branches: 27
l Address: D 18/2, Okhla Industrial
Area, Phase 11, New Delhi 110020 l Tel: 51610224-06 l
Fax: 51610190 l Website:
www.intextechnologies.com
Subex Systems
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110
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Acquisition-hungry Subex was able to hold on to its margins reasonably well,
as the company grew more than 50% on the profit side. 65% of its revenues came
from products, up from 54% in 2004-05. The product business grew by 86% on the
top-line. The $140 mn acquisition of UK's Azure, a revenue assurance company,
will take care of Subex's marketing challenges abroad while also helping
telecom operators establish Revenue Operations Centers.
l President and CEO: Subhash
Menon l Start-up Year: 1992
l Products & Services: Telecom
software products, fraud management systems l Employees:
325 l Address: 372,
Koramangala III Block, Sarjapur Road, Bangalore l Tel:
57598700 l Fax: 25634100
l Website: www.subexsystems.com
Supertron Electronics
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111
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Supertron's own products and services earned revenues of Rs 14 crore for
the company last fiscal, while over Rs 165 crore came from agency operations.
The East is the largest market for the Kolkata-based company accounting for
nearly 32% of its total topline. Peripherals garnered the largest share of the
revenue at Rs 142 crore in the last fiscal. SOHO remained Supertron's biggest
target segment.
l MD: VK Bhandari l Start-up
Year: 1993 l Products &
Services: PCs, peripherals and components l Employees:
190 l Branches: 17
l Address: Supertron House, 2 Cooper
Lane, Kolkata 700019 l Tel: 2213
1221 l Fax: 2213 0366 l Website:
www.supertronindia.com
Mediaman Infotech
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112
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-
Gujarat, MP and North East
accounted for 20% of the revenues
-
Distributed HP laser printer
spare parts at less than half price through a tie-up with Schindler of
Germany
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Mediaman's reputation as a distributor for niche products got further
enhanced in 2005-06. Flash memory growth in India was phenomenal during the
year, and the company made the most of it with Transcend accounting for more
than half its revenues. This was followed by Bravish laptop accessories, owned
by Mediaman, that had more than 800 products under its brand name. And Western
Digital left Priya to tie up with Mediaman to address the external hard drive
retail segment.
l MD & CEO: Dushyant Mehta
l Start-up Year: 1987 l Products
& Services: Distribution l Employees:
133 l Address: 2nd
Flr, Vidhyarthi Bhavan, Tribhuvan Rd, Near Dreamland Cinema, Mumbai 400004
l Tel: 23823100/3200/8100/8200
l Fax: 23877418 l Website:
www.mediamangroup.com
Frontier Business Systems
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113
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Consistent growth across the quarters helped Frontier's topline growth.
Business mainly came in from its traditional forte, systems, which stood at Rs
101 crore, followed by networking at Rs 40 crore. Growth was also broad-based
across the verticals, the main source being IT and telecom verticals,
manufacturing, utilities and BFSI. The company plays entirely in the domestic
arena. It has a customer base of 1,000 companies.
l Director: Ravi Verdes l Start-up
Year: 1994 l Products &
Services: Hardware, networking, power conditioning, software,
services l Employees: 415
l Branches: 9 l Address:
18/10, Cunningham Road, Bangalore l Tel:
22250054 l Fax: 22260729 l
Website: www.frontierdomain.com
Cadence Design Systems
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114
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Cadence Design's India R&D center is the company's largest research
hub outside the US. Nearly 87% of its revenues last year came from exports in
customized software development across Cadence's four platforms-design
verification, digital IC, custom IC and silicon package board design and
software maintenance. Cadence's Noida facility has a headcount of around 555
people.
l Corporate VP & MD:
Jaswinder Ahuja l Start-up Year: 1987
l Products & Services: EDA
l Employees: 610 l Branches:
2 l Address: 57 A&B Noida
SEZ, Noida 201305 l Tel:
2562842 l Fax: 2562453 l
Website: www.cadence.com
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