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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 | Page(s) 1 2
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