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Home > DQTop20 2008 > Company Ranking 08

The DQ 181 - 190
Continued from page: 1

Tuesday, July 15, 2008
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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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