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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 |
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