|
The Nasscom EMERGE 50 is an initiative that identifies and honors the
emerging companies, which are redefining the benchmark of excellence for the
next generation of SMEs, and those succeeding in emerging/domestic markets. This
includes companies that:
- Have achieved the fastest rates of growth over the past two to three years
- Offer unique value propositiongame changers in the market in a unique way
of delivery to buyers not having fast growth
- Offer unique organizational work models. For example, operating from
tier-2 and tier-3 cities, using handicapped workforce, etc
- Have identified a niche for themselves with a strong foothold in the
market with respect to their services domain
- Have built their own proprietary intellectual property or technology that
would be a game changer
- Have unique delivery systems like SaaS, cloud computing, or free for
entry-level users.
SMEs less than Rs 50 crore topline may or may not have the fastest rate of
growth in the last three years. If they achieve that, of course, they deserve
the recognition. The purpose of this initiative is to identify and recognize the
potentially great companies in the making, who can be treated as role model for
inspiration for others. That helps benchmarking and peer pressure to grow.
Nominations were invited from emerging companies across distinct categories
such asEMERGE Growth, EMERGE Markets (non-traditional/domestic market), EMERGE
Products, EMERGE Servicesthat provide an opportunity and showcase the
organizations unique offering.
Over 205 entries were received from twenty-two cities thirty-seven in EMERGE
Growth, sixty-seven in EMERGE Services, fifty-eight in EMERGE Products, and
forty-three in EMERGE Markets categories. The jury members met with the fifty
shortlisted companies from all over India and gave them an opportunity to
present their services/products or models which have been adapted for growing
the non-traditional/domestic market base. Companies also shared their strategies
on growth strategies and how they plan to scale them.
Further, Nasscom will also work with the EMERGE 50 companies to mentor them
and help them scale up to the next level of growth.
The Top 10
A1 Future Technologies
A1 Future Technologies has been serving the needs of over 8,000 clients
across forty countries through seventy full-time design professionals. It has
set up a virtual customer support office in the UK and boasts of an in-house
production facility. The company specializes in logo design and graphic design
services offered under the brand name of Logo Design Team and Graphic Design
Team.
ABM Knowledgeware
ABM Knowledgeware offers e-solutions for e-governance and systems integration.
The company has built domain expertise in computerization of secretariats,
municipal corporations, citizen services, land records, utility billing, and
revenue administration. It has developed exclusive skills and subject matter
expertise required for SAP implementations in large government organizations.
This practice also includes services for enabling change management during and
after go live of the SAP deployment. The company has been able to generate
nearly 100% of its revenue from the domestic market in India.
AISECT
Established in 2006, AISECT is today a leading IT training and educational
services network with over 5,000 centers spread across thirty states and union
territories in the country. It has linked up with leading companies such as SBI
Life, MAX New York Life, HCL Technologies, IL&FS, Microsoft, Forbes India, IDEA
Cellular, Reliance Communications, and many others for distribution of their
products and services. Over 100,000 students are educated and trained by AISECT
in over 5,000 centers through a host of software, hardware and vocational
courses. Developing courseware and software in regional languages is also a core
area of expertise of AISECT. Select centers also provide university level
courses offered through Dr CV Raman University (set up by the parent NGO). The
company has emerged as one of the biggest CSC service providers, responsible for
setting up nearly 3,000 centers.
Attra Infotech
Attra Infotech was incorporated in December 2004 with 100% Indian ownership.
Subsequently 80% of the company was divested to a small Australian IT company
with specific domain focus within the consumer finance space. Attra exclusively
focuses on the consumer finance space within BFSI, offering clients domain
expertise in areas such as cards, loans, mortgages, switches, fraud and risk.
Eka Software Solutions
Eka Software Solutions is a market leader in software for global commodity
markets. The companys products and services help companiesthat buy, sell or
trade commoditiesmanage the challenges of volatile markets and 24/7 global
operations more efficiently. It manages all key business processes for these
organizations, covering physical trading, logistics, inventory, finance, risk
management, P&L; and offers built-in BI capabilities.
InfoSoft Global
InfoSoft Global is a leading provider of visual web applications and
solutions. The company has created FusionChartsa globally popular Flash
Charting Suite. InfoSoft Global has established leadership within the Flash
based charting components area, where it is already #1 globally in terms of
customers. The company has also developed platform specific charting components
for the .Net and Java platforms.
Mann-India Technologies
Mann-India has a suite of innovative tools, such as Enterprise Modernization
Tool (migration tools), Transaxion (mobile solutions), and Retail Maestro (ERP)
that cater to the unique requirements of the Latin American market. Mann-India
has chosen to work in countries such as Venezuela, Panama, Colombia, Dominican
Republic (DR), and Puerto Rico. It has also taken on projects in Costa Rica,
Chile, Brazil, and Ecuador. Mann-India derives nearly 90% of its revenues from
the LATAM market, with the remainder 10% being realized from clients in India.
The company leads in revenue share among Indian companies working in Venezuela
and the DR over the last two years. It has a deep relationship with marquee
clients in Latin America including Petrleos de Venezuela, SA,a public sector
oil and gas giant; the Banco Central de Venezuela (The Central Bank of
Venezuela); and Banesco, another leading bank in Venezuela.
Mynd Solutions
Mynd Solutions is dedicated to finance and accounting, and HR process
outsourcing. It collaborates with each client to deliver customized business
process outsourcing solutions that range in complexity from individual
transaction based functionssuch as accounts payable and accounts receivableto
full-service finance and accountingincluding general ledger accounting,
financial reporting, and risk management.
PharmARC Analytic Solutions
PharmARC is a leading provider of sales and marketing analytics to the
pharmaceutical and healthcare industries. It has pioneered the global sourcing
model in the commercial analytics industry, providing cost, productivity, and
standardization benefits to clients across the world. PharmARC works with
clients including fifteen of the top twenty pharmaceutical companies, enabling
them to make informed decisions based on quality analytics.
S7 Software Solutions
S7 Software was launched in 1997 by a group of software migration experts.
What began as an offshore development center (ODC) of Bristol Technologies,
Danbury, USA, was later spun off into S7 Software in December, 2004. Today, S7
Software is a specialized provider of migration and re-engineering services. The
company has been doubling its revenues YoY for the past three years. S7 Software
has been profitable every quarter since its inception. It has remained debt-free
without VC funding.
Page(s) 1 2
|