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In My Opinion: Saurabh Srivastava, CA India Spotlight: Pyramid IT Consulting, SpadeWorx

PUBLISHED SINCE 1997

BUSINESS & TECHNOLOGY IN THE U.S. & INDIA MARCH - 2010 SILICONINDIA.COM

Sajan Pillai
Contents March 2010
12 Cover Story
Getting
UST Ready to Script
A BILLION- DOLLAR DREAM
By Vimali Swamy & Jaya Smitha Menon

06 [In My Opinion] TOP 10 18


Incredible Journey
Pyramid Consulting
By Saurabh Srivastava, CA India MOST PROMISING SpadeWorx
IT SERVICE COMPANIES >>
08 [Infocus]
India to launch its own satellite 24 [VC Talk] 38 [Business]
for satphone Agriculture A New Frontier India: The Unsuitable Destination
Employee scarcity: 70,000 By Manoj Gupta, Nexus Venture Partners for Innovative Startups
patent applications pending By Rakesh Verma, AgeTak
Indian firms M&A deals touch Medical Technologies Claim [Business]
$14 Billion in 45 days in 2010 25 the New VC Interest Money & Banking Over the
An IITian lights 10,000 homes By Dinesh Patel, vSpring Next Few Years
in rural Bihar By Prakash Seernani,
[Technology] Globsyn Infotech
11 [VC Chakra] 26 Clean Technology: On Top Down
Vivox Raises $6.8 Million in and Bottom Up Assessment of 40 [Technology]
Series C Round of Funding Business Plans Does enterprise 2.0 Pave the
Zenverge Raises Second Round By Nitin Joglekar & Jonathan Hibbard, Way for Rebirth of Service
of Funding Boston University School of Management Oriented Architecture?
By Mukund Balasubramanian,
Photon Infotech
21 [Business] [Business]
2010: What is in Store for 28 CIO to CIO: Reaping the Benefits
Indian Outsourcing Industry? of Business Service Management 42 [CIO Profile]
By Mark Settle, BMC Software It is All about Adding Value to
22 [CEO Spotlight] Customers?
Cloud Computing and Intuitive 32 [Technology] By Vimali Swamy
Tools The Next Game Ten Years After Y2K: The
ERP Legacy 44 [SI Blog]
Changers in IT
Recovery: The New Testing By Marc Hebert, Estuate
46 [SI 20 Profile]
Ground for Firms Nexus of Growth in Emerging
34 The Wireless (R)evolution
A Continuous Effort to Solve Economies like India
in India
the EDA Challenges By Pardeep Kohli, Mavenir Systems

siliconindia
|3| March 2010
siliconindia MARCH - 2010
Editorial

“I
Publisher
Harvi Sachar
Editor-in-Chief
Pradeep Shankar
Knowing How to Target @ Bull’s Eye
Managing Editor T is not going to be a differentiator in business anymore, as more
Christo Jacob and more organizations have established their IT strategies and it
will be ‘business as usual’,” says Nicholas G. Carr, Harvard pro-
Deputy Editors
Jayakishore Bayadi Jaya Smitha Menon fessor. This fact has been witnessed by many CXOs in the IT services in-
dustry, which disappoints many of them as they were unable to convince
Editorial Staff
and rope in new clients. But I would say still it’s a large pool if you know
Benny Thomas Eureka Bharali how to throw your net on the right side and fish around.
Ojas Sharma Sikta Samantaray But, what is seen among most leaders is focusing on the top three strate-
Sudarshan Kumar Vimali Swamy gies that would increase the value of their companies  focusing on revenue
Zoya Anna Thomas growth by increasing the volume of business, upgrading the management
team, and product and service innovation. However well it works in the
Sr.Visualizer Raghu Koppal tough times, there is always a temptation to spend more time focusing on
Online Manager Suresh Kumar the state of the general economy or industry trends rather than getting to
Subscription Manager P Magendran know the key customer's business better.
According to a market sizing and forecasting model titled 'India Mar-
ket Trends 2009: IT Services Forecast', the Indian IT Services market is an-
ticipated to grow by about 23 percent during 2010. Despite the positive
Mailing Address
outlook, the market would not see pre-recessionary growth levels until the
tail end of the forecast period in 2013. The end users are expected to re-
SiliconIndia Inc main cautious with discretionary spending not picking up until 2011. More-
44790 S. Grimmer Blvd over, given the shrinking CIO budgets and enormous competition from the
Suite 202, bigwigs like Infosys, Wipro, TCS, and HCL, only the truly dedicated teams
Fremont, CA 94538 are going to win.
In this issue we are sharing with you an inspiration story of UST Global,
T:510.440.8249, F:510.440.8276 how they managed to be one of the key players in the services market, and
envision being one of the $1 billion enterprises. As rightly said, Sajan Pil-
lai, UST Global CEO, knows the trick to separate the wheat from the chaff
and act accordingly. In an industry where everyone does the same kind of
work and work on the same model, Sajan Pillai knows that what differen-
tiates and will differentiate in future is the way you manage your client.
siliconindia
March 2010, volume 13-03 (ISSN 1091-9503) We set about trying to showcase the 10 most promising IT services com-
Published monthly by siliconindia, Inc. panies in the U.S. It was not a popularity contest, so no voting was allowed;
it was an effort by our editorial staff with the help of several VCs, corpo-
rate executives, and experienced entrepreneurs to showcase 10 private tech-
nology companies in the U.S., which we think are most likely to be the
game changers.
To subscribe to siliconindia
Visit www.siliconindia.com or send email to
subscription@siliconindia.com We also had deep and enlightening discussions with several U.S. based
Indian entrepreneurs while producing this issue. The hallmark of all these
entrepreneurs is a great passion for their startups and long-term commit-
Copyright © 2009 siliconindia, Inc. All rights reserved. Reproduction
in whole or part of any text, photography or illustrations without writ-
ten permission from the publisher is prohibited.The publisher assumes ment. We wish them all good luck and hope for great success ahead.
no responsibility for unsolicited manuscripts, photographs or illustra-
tions. Views and opinions expressed in this publication are not neces-
sarily those of the magazine and accordingly, no liability is assumed by
the publisher thereof.

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World and PC Expo.
By Saurabh Srivastava
The author is Chairman, CA India
Without realizing it, we created a 40
strong institution that survived after we You need to dream big, assemble a team of

W
had left. Then IIT got gifted a TV sta- people better than yourself, sell them your
tion, a batchmate took on the technical
part and I took on the programming. vision, persevere through thick and thin, and
Pretty soon we had another organization

in my
of 40 odd people and were doing more stick with the old adage
hours of programming per day than the
opinion hat an amazing journey my life has
only other TV broadcaster in India – DD
I. So when I left IIT I had already learnt
Xansa was acquired by the French
giant, Steria, I stepped off the board,
tus. The focus on the entrepreneurial
eco system is rounded off with my
been. And it doesn’t stop. Even today how to compete and cooperate with the became a serial entrepreneur but real- deep involvement with the VC/ PE in-
I feel I am just starting out because best of breed, had already done 2 suc- ized that what I truly enjoyed was not dustry through the Indian Venture Cap-
there is still so much more that I want cessful “start ups”, realized that there so much running an existing company ital Association, which I chair.
to do. But, in the midst of this frenetic was life beyond academics and that if but creating a new one. So I started In 1988, a handful of us (myself,
pace, whenever I do get a moment to reflect, I am hum- you were willing to take the plunge and angel investing and, in 2000, founded, the late Prem Shivdasani, F C Kohli,
bled by the fact that I have got more out of life than I lead, anything was possible. with some friends, India’s first angel Harish Mehta, Narayanmurthy, Nan-
ever expected and never cease to thank God for how My next stop was Harvard and there venture capital fund – Infinity, which dan Nilekani, KV Ramani, Ashank
kind he has been to me. was no better time to be in America. succeeded in creating some great com- Desai), convinced that the fledgling
Life may have been different had I followed our fam- Joan Biaz, Janice Joplin and Pete Seeger panies like Indiabulls, India Games, software industry had great potential,
ily routine and joined the IAS but I opted for IIT and performed free at “Vietnam war protest” Avendus, Brainvisa and Epicenter. To founded NASSCOM, which has
stood 2nd at the All India Entrance Exam, which helped concerts, girlfriends were plenty in the institutionalise angel investing in played a vital role in building the in-
overcome my parents’ opposition. IIT redefined my life. era of hippies, flower children and India, three years ago I co founded the dustry of today. My stint as Chairman
At the beginning it was humbling. 200 entrants, used to “make love not war”. I grew marijuana Indian Angel Network (IAN) which of NASSCOM taught me that leading
being top of their class, competed ferociously till every- on my window sill, went to Woodstock, has now become the largest business such a group requires even more team-
one found their place in the sun. Averaging close to 10 and even campaigned for Eugene Mc- angel group in the country, operating work, collaboration and vision than
points didn’t get me top of the class but allowed me to Carthy for President. in Delhi, Bangalore and Mumbai, with running a company because the only
expand my vision beyond academics. I restarted my Much as I enjoyed America, I con- over 100 members comprising the authority you have is what your peers
school going activities of debating and dramatics and got tinued to feel I could make more of an who’s who of successful entrepreneurs are willing to give you.
elected as Literary Secretary. I then realized that IIT impact in India and after years of and CEOs. And, to support these angel I have learnt a lot as well with my
Kanpur had no newspaper and created a core team, working there, returned with IBM. investments, we are now launching the engagement with the academic sector,
raised angel funding from our seniors and founded the IBM however, decided to leave India, Indian Angel Fund. Between Infinity, being on the Imperial College Business
campus newspaper – “The Spark”. It took us a year of which proved to be a blessing in dis- IAN, some of the government funds School’s Advisory Board, adjunct pro-
losses and more “angel funding” to realize that our guise as I moved from selling hard- on whose investment committees I fessor of entrepreneurship at IIT Mum-

Incredible
Journey
“business model” of subscription based revenues alone ware domestically to exporting serve and some purely personal in- bai, Management Board at
was flawed so we approached the IIT authorities, got an software services from India, one of vestments, I must have been involved Indraprastha University, Delhi and
intro to their vendors, advertising revenues commenced, the best moves I ever made. in the creation of over 50 companies, equally from serving on various gov-
we even got IIT to “outsource” to us the entire publica- In 1989 however, when I was run- covering diverse sectors such as IT, ernment committees and task forces on
tions at Convocation time and we never looked back. ning the software operations of Tata BPO, Real Estate, Hospitality, Robot- IT, Venture Capital, Innovation, Rail-
Unisys, (accounting for 30 percent of the ics, Education, Pharmaceuticals, Retail ways, development of some states and
Indian software industry) I realized that and even Media and Entertainment. I the Indo EU Round Table. I have also
I was only 40, couldn’t see myself con- have learnt a great deal from all the tried to apply my learnings to commu-
tinuing the same way for the next few passionate entrepreneurs that I have nity service through the NASSCOM
decades and decided to become an en- been involved in funding and I am Foundation, America India Foundation
trepreneur. IIS Infotech quickly became convinced that entrepreneurship is the and the India Sponsor Foundation.
one of the top 20 software companies engine that will drive India’s economic My biggest takeaway from life is
and set many trends, including being the growth. This is why I have been in- that anything is possible – you need
first to get ISO9001. Within a decade we volved in the Indus Entrepreneurs to dream big, assemble a team of peo-
Saurabh Srivastava acquired companies in the UK and Sin- (TIE), which has now become the ple better than yourself, sell them
gapore, bought and sold one in the U.S., world’s largest organisation devoted to your vision, persevere through thick
merged with one in India and then with entrepreneurship. I founded the Delhi and thin, and stick with the old adage
one in the UK, which listed as Xansa on chapter of TiE and continue to remain – “if something is worth doing, it is
the LSE as a $800 mill. company. actively involved as Chairman Emeri- worth doing well”. si

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March 2010
in

Indian space agency has already


India to designed the antenna that will be
mounted on the spacecraft for dedi-
cated satphone services. Once the
launch its satellite gets launched, India will be-
come one of the major players in using
satellite phones.
own satellite This might also help in bringing
down the cost of satellite phone serv-

A
for satphone ices. Nair said, “Presently, some for-
eign satellites are being used for
satphone services in the country. De-
fter depending on foreign connect handheld devices when it is velopment work is on to synthesize the
satellites for a long time, launched in a year or so,” said former antenna. It will be deployed in one of
ISRO plans to launch its own Indian space agency Chairman, G the communication satellites with S-
satellite by 2011, which will carry a Madhavan Nair, on the sidelines of the band transponder.
large S-band transponder to help India India Semiconductor Association’s Telecom revolution in the past
provide its own signals for satellite (ISA’s) Vision Summit. “Currently, decade has led to a phenomenal
phones. The country is currently build- some foreign satellites are being used growth of mobile services in India
ing a dedicated high-beam, antenna to for satphone services in the country. using GPRS (General Packet Radio
provide satellite phone services. Development work is going on to syn- Service) CDMA (Code Division Mul-
“We are in the process of building thesize the antenna. It will be deployed tiple Access) technologies. As the
a high-beam antenna which will be de- in one of the communication satellites world’s fastest growing telecom mar-
ployed on board a satellite for provid- with S-band transponder,” Nair said ket, India already has about 500 mil-
ing satellite phone (satphone) services on the margins of a summit on the In- lion mobile users for a billion-plus
using S-band transponder. We can dian semiconductor industry. population.

Employee scarcity: 70,000 patent

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applications pending
ith a stockpile of applications is also not possible to increase the
pending in the country for manpower overnight.“ The problem is
examination, the govern- being addressed and might be resolved
ment has decided to recruit more exam- by 2012-13. There is a need for at least
iners to expedite the process of patent 260 people in patent offices to examine
scrutiny and its disposal. According to applications and various other
the Controller General of Patents, P H processes. However,
Kurian, due to the shortage of examin- Kurian also informed that since Kurian said that the law enforcement
ers, over 70,000 patent applications are 2005, about 13,000 patents pertaining to on piracy in the states of Maharashtra,
in the pipeline for examination and the chemicals and pharmaceuticals alone Tamil Nadu and Kerala are stricter in
process may need at least 3-4 years for have been issued. The increased growth the country. “The law is even stricter
approval under the Intellectual Property of patent filing in India is due to timely than other developed countries. In the
Rights Act. amendments of the Patents Act of 1970. U.S., only the Federal Police is em-
The current capacity of the set-up is Since 1995, after India signed the WTO, powered to take action in piracy re-
to process 15,000 applications per there were sweeping changes in the IP lated cases but in India, the police is
annum, while 70,000 are in the pipeline administration and legislation, which empowered not only to take action, but
for examination. Kurian added, “Cur- culminated in the introduction of the also preventive detections in piracy
rently, we have only 150 officers but it product patent regime in 2005,. cases,” he said. si

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March 2010
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
in

Indian firms M&A deals

V
Vivox Raises $6.8 Million in
touch $14 Billion in 45 Series C Round of Funding
Monty Sharma
days in 2010 ivox, a provider of voice chat year, the company had rolled out a 2009. Its customers include online game
services for online games and voice-chat application for Facebook, and and virtual world developers and pub-
Some of the other mega M&A deals virtual worlds, has received in the first half of 2010 it plans to make lishers such as CCP Games, Icarus Stu-
involving an Indian entity are — the $6.8 million in series C round of fund- customer announcements in social dios, Linden Lab, NCsoft, Realtime

I
Vodafone Hutchison deal ($10.8 billion), ing, bringing the total funding to $19.6 media spaces including social networks Worlds, Sony Online Entertainment, and
the Hindalco-Novelis transaction ($6 bil- million. This round of funding is led by and social shopping. Monty Sharma, Wizards of the Coast.
lion), Daiichi- Ranbaxy ($4.50 billion), IDG Ventures along with the participa- Co-Founder and Vice President, Product The real differentiator that makes
ONGC-Imperial ($2.80 billion) and NTT tion of Benchmark Capital, Canaan Part- Management and Marketing of Vivox, Vivox stand out among its competitors
ndia companies have once again terday’s $10.7 billion Bharti-Zain offer, DOCOMO-Tata Teleservices ($2.70 bil- ners, and GrandBanks Capital. says, “We plan to build ways for voice- is that its services have improved the
started to splurge this year, with the wherein Bharti intends to buy Kuwait- lion). Planning to utilize this fund to ac- enabled Web applications to replace tra- gaming experience for millions of peo-
domestic firms announcing merger based Zain telecom’s mobile operations In 2009, the global economic slow- celerate its growth, the Massachusetts ditional voice capabilities on mobile ple, allowing them to team up in multi-
and acquisition deals worth a whopping in Africa, takes the total kitty to over $14 down had forced corporate India to look based Vivox offers a set of features that devices.” player games. Its competitors include
$14 billion in just 45 days. billion. largely within the country for merger and improve the user experience and provide Supporting 20 million users in more Dolby, Skype, TeamSpeak, and Ventrilo.
The way the companies have been shop- In terms of deal size, the Bharti-Zain acquisitions, as domestic deals accounted revenue opportunities for clients through than 180 countries, and over two billion Founded in 2005, Vivox currently
ping, it looks like the year 2010 is all set deal would be the third largest transac- for about 60 percent of the $12-billion voice-based virtual goods. Providing the minutes of voice chat per month, has about 35 employees and is expected
to overtake the M&A deal tally of 2009 tion involving an Indian firm after an es- worth of deals. managed voice service, Vivox connects Vivox’s usage rate has grown by 50 per- to grow past 50 in the next 12 to 18
by a huge margin. In just 45-days of timated $13.5 billion offer by Reliance The trend seems to be reversing as Indian communities and people across multiple cent in the past 45 days. This growth months. Phil Sanderson, Managing Di-
2010, Indian firms have announced deals to get control of the bankrupt petro- companies have started to venture out platforms including PCs, game consoles, seems to be powered by a handful of rector of IDG Ventures, will soon take a

T
worth $14 billion, while in the year 2009, chemicals firm LyondellBasell Indus- and have announced or are reported to and Web based social networks. Last customer wins during the second half of seat on Vivox’s board.
it had made deals worth $11.9 billion. tries and the Tata Steel’s takeover of have interests in some multi-billion dol-
According to the monthly deal report Europe-based Corus for $12 billion. The lar outbound deals, such as the estimated
of VCCEdge, a financial research Bharti-Zain deal could catapult Bharti $13.5 billion takeover of LyondellBasell he Amir Mobini led US semi-
provider, the M&A deal value during Airtel in the league of world’s top 10 by Mukesh Ambani-led RIL and the re- conductor company Zenverge is Zenverge Raises Second
January 2010 stood at $2.8 billion.Yes- telecom operators. cent Bharti-Zain deal. charged to enable a true ‘any-
where, anytime, any device’ experience Round of Funding
share of clean technology venture capital for consumers by raising second round Amir Mobini
An IITian lights 10,000 was down from 72 percent in 2008 to 62 of funding. The California based com-

T
percent in 2009, a four-year low. pany raised the fund from Motorola, neous HD streams, far exceeding the ca- middleware or application software. Ad-
It is the opportunity in bio-mass- DCM, and Norwest Venture Partners. pabilities of other media ICs today. Now ditionally, the chip can transform live or
homes in rural Bihar generated electricity that Husk Power And, the new funding will be used to shipping to qualified customers world- recorded content to fit decode and dis-
aking innovation to the new the current level of 22 plants by May Systems is chasing, with plans now to support production of a family of single- wide, Zenverge ICs are being incorpo- play capabilities of each screen and the
level, Gyanesh Pandey, CEO 2010. “We have an open-source model replicate its model in Bihar in other states chip media ICs based on the Zenverge rated into HDTVs, Blu-ray and DVD available network bandwidth at any
and Co-founder of Husk Power of operations and can very quickly such as West Bengal, Uttar Pradesh, Entertainment Nexus (ZEN), a new ar- players and recorders, set-tops, media given time.
Systems and Manoj Sinha, a Darden replicate across multiple locations,” Andhra Pradesh and Tamil Nadu. “Our chitecture for digital HD convergence. gateways, portable device adapters, PCs, With around 50 dedicated employ-
University alumnus are lighting up says Pandey, an electrical engineer model works around involving local While refusing to disclose the and professional and network video ees, who have been working on applica-
over 10,000 homes and small shops from IIT Varanasi, who envisages teams. There is no magic wand that we amount raised Mobini, who is the Co- equipment. tions like whole-home DVR,
across villages in Bihar. Husk Power Systems rolling out serv- use, we just keep technology simple, Founder and CEO of the company, says, Founded in 2005, Zenverge delivers device-shifting, place-shifting, 3D TV,
Husk Power owns and operates ices akin to a cell phone company. generate power and feed it to consumers “With this funding, we have launched advanced and cost-effective solutions for and 4Kx2K, the company is witnessing
miniature power plants generating be- In the last few years, India emerged who have no access to state-grid power,” one of the industry’s most powerful content storage, playback, interoperabil- an ever increasing demand for the abil-
tween 35 kw and 100 kw of electricity as a laboratory for innovations in the al- says Pandey. media ICs, enabling operators and man- ity, mobility, and networking in the next ity to share more HD content across
from paddy husk that it supplies to ternative energy space with entrepre- Currently, Husk Power offers elec- ufacturers monetize many new applica- generation of digital media products. Its more screens than ever before. “In the
consumers in off-grid villages. The neurs and investors looking to build tricity at Rs.80 for 30 watts and Rs.40 for tions and services at reduced system user interface is virtualized in a central last few years, we have been able to de-
startup plans to raise a fresh round of innovative solutions to address a power- 15 watts. This allows rural homes to get cost.” Zenverge’s media ICs support gateway or server and inserted into each velop technology that scales readily to
venture capital to scale up operations starved economy. This is happening at a about 6-7 hours of electricity. “The idea transcoding, decoding, and encoding of video stream, so that all display devices, meet this demand, opening the door to
to more than 60 villages and to set up time when other countries are losing their is to have a 40 kw plant that services per- multiple formats at up to four times HD including those in the field, can deliver wonderful new entertainment possibili-
50 plants to generate electricity from luster in clean tech. North America’s haps four villages,” says Pandey. si performance or for up to four simulta- the same look and feel without separate ties for consumers.” says Mobini. si

siliconindia
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S
COVER STORY

ajan Pillai’s office is bustling with activity. As the CEO


Getting
of UST Global, one of the prominent IT services firms,
his agenda and vision today are one and the same. He
wants to break the siege of the IT industry by the gi-
ants and make it a $1 billion enterprise in the next two
years with a client base of 100 or less. The man who believes in
‘Dream big, dream excellence’ couldn’t have visualized a much
smaller deal for his firm By Jaya Smitha Menon & Vimali Swamy
UST Ready to Script
A B IL L I O N D O L L A R D R EA M
This bold vision could be a little in- with the company successfully for the Recently UST won two major deals, one from world’s largest re-
triguing considering the fact that last 10 years. With a simple mantra, In an industry tailer and another from Virgin Racing. Virgin announced that it
though the IT services market, both in ‘fewer Clients, more Attention’ the had selected UST Global as its IT Services partner for 2010
India and the US, is a very crowded one company is in a growth trajectory and where everyone Formula One season. Virgin Racing is a new team for a new era
with more than about 1,000 software has grown at a rate of 20 percent year- of Formula One. UST Global will collaborate with Virgin
companies in India alone, only five of on-year compared to the industry does the same Racing on advanced technical projects as part of this opera-
these companies today earn annual rev- growth of 8 to 9 percent last year. tional partnership. On the cards for 2010 is a bespoke race
enues in excess of $1 billion each. kind of work and management tool that will provide race engineers a 360 de-
Among the rest are a multitude of mid- Towards the Billion Dollar Dream gree trackside perspective of each Grand Prix. This is made
tier companies such as Patni, Polaris, Unlike most IT companies that work on the same possible by integrating information streams from the FIA and
Hexaware, and even Mastek that are stepped into the services bandwagon FOM with the GPS positioning of the Virgin Racing cars plus
struggling to reach the mark, leave in the late ’80s, UST, founded in 1998, FOM visual feeds to enable an optimal race strategy. UST
alone crossing it. In the case of Infosys, has been a late entrant. Nevertheless
model, what Global will also integrate the Wirth Research simulator for
which is among the elite five, it took 23 the company caught up with most big- the VR-01 to ensure a constant two-way correlation between
both sets of inputs.
years and a clientele of above 350 to gies in the industry by providing a
differentiates and
reach the mark in 2004. The case with gamut of services, which extends from In the bid for the retail deal, in which all the major out-
TCS or Wipro is no different. Enterprise Application Services
will differentiate sourcing companies participated, what set UST apart is their
But Pillai is quick to read your (CRM, ERP, e-Procurement, and competency in various processes and its execution skills.
mind. He defies the conventional SCM) to e-business solutions to a in future is the While this could help expand the penetration of UST fur-
mode and breaks the norm when he large number of Fortune 500 compa- ther in the retail space, this also gives a sneak preview into
says, “In an industry where everyone nies in many verticals. Traditionally, way you manage how the company is growing to achieve its billion dollar
does the same kind of work and works businesses relied on technology and dream. “What customers need today are IT vendors that
on the same model, what differentiates product innovation for competitive ad- your client. can be a one stop shop for their requirements and at the
- and will continue to differentiate in vantage. However, as products became same time give them special attention for every little need
future - is the way you manage your commodities due to global competi- that they have. They are trying to discover opportunities
client. Client management is the key tion and relentless technological ad- in developing economies and looking for partners that
to the success of any services com- vances, the battle for differentiation can help them in these countries. This is what we have
pany.” This is exactly how he is posi- and customer value creation shifted to been offering since the early days and thus we find
tioning UST today. With a client base customer intimacy and service. A rep- today’s scenario completely optimistic and in our stride.
of over 50 Fortune 500 companies in utation of superior service has proven We are not offering a lifetime agreement with a customer
verticals like retail, manufacturing, to be a valuable differentiator in the in- but what we can guarantee them is a lifetime ability and
transportation, logistics, media, and dustry. Hence the company believes stability to learn, develop, and create a foundation for a fu-
entertainment, UST is today redefin- that quality is not just about opera- ture,” says Pillai
ing customer relationship. No wonder, tional efficiency, and it is built upon The US President Obama’s health plan has generated a lot Sajan Pillai
many of its clients remain engaged people, relationships, and skills. of opportunities in the healthcare sector and UST is looking at

siliconindia
|12| March 2010
the rules of the game much earlier. client account who know the client, the and encourages open communication.
Commitment Beyond Contract industry, and are abreast of the devel- At the end of the day, all that we want
What customers need today are IT vendors that
can be a one stop shop for their requirements and In order to serve its customers better, opment going on within the account, is to provide quality work and see a
the company has set up a unique three thus ensuring fool-proof customer en- happy customer,” he adds. For Gupta,
at the same time give special attention to every lit- point client intimacy model that ensures gagement in case of a catastrophe,” it is all about forging an everlasting re-
tle need they have that the business runs smoothly and says Murali Gopalan, Joint CIO and lationship and going beyond the last
customers do not get an opportunity to SVP, UST. mile with the customers. It is this idea
complain. Going by the company’s cul- Another unique model that UST of extending the relationship and forg-
The foundation of UST’s business cate, collaborate, and co-operate with ture, every employee or USsociate is practices is ‘man-at-service model’, ing partnerships that led UST to ven-
Robert Dutile Marsha Blakeslee success lies in the customer centric each other. Even when customers visit responsible for the customer health and which states that UST is completely re- ture into consulting and BPO segments.
culture within the company. The com- us, we encourage them to meet each happiness; but from the business man- sponsible for the outcome of a deliver-
investing heavily in R&D in both pany promotes a culture of consensus and every employee of ours and this agement perspective, the organizational able as opposed to just providing
media and entertainment and health-
Murali Gopalan
and not one of consequences; hence it has been impressive as far as cus- structure is also designed to ensure resources to the client for managing the
care. Other verticals that they have does not believe in signing unrealistic tomers are concerned,” explains Pillai. commitment and intimacy with the outcome or deliverable. The company
expanded into, in addition to manu- deals. Since inception, every associate What also has impressed the cus- client. There are three people account- also proves its commitment towards its
facturing, are transportation and lo- is instilled with the values and culture tomers in the past is the dedication; the able for a single customer - a global re- customers from the fact that they are
gistics, and also the utility sector, the company stands for, and they are effort the company takes to understand lationship manager and two account highly flexible around the contract they
which is an extremely interesting tuned to the fact that it is beyond the the customer’s business. At UST, peo- directors. The global relationship man- sign with a customer. “At the end of the
place to be both in North America contracts that relationships are built. ple are focused on each and every one ager not only helps form a good rapport day we believe that our customer is the
and the UK markets. The company This is perhaps the reason why Pil- of the clients and the company takes a with the customers within the office but king. We want to make sure that a client
realizes that in any vertical or domain lai could be confident with clients who lot of effort to educate the USsociates also helps take the relationship beyond does not have to go back to their con- Krishna Sudheendra
customers all over expect a deeper come to evaluate their company before about the client environment, the ver- the office premises. tract every time to see what is doable
engagement, commitment, and more signing on the dotted line. He asks tical in which the client is doing busi- One of the account directors is and what is not from our end. If a client According to Lawrence I Lerner,
involvement from their IT vendors them to pick at random 15 to 20 peo- ness, and other aspects of its business. placed in the client site and the other in requires an additional service that is not Head of Consulting, UST, “Consulting
today. “They want a return on their ple at their development centers and . “Our model is not a black box model. the UST premise. The senior among the mentioned in the contract, we do not is a natural extension of our service of-
investment and with the options in speak to them about the company be- We make sure that everyone in the two is responsible for delivery and re- charge extra or go back and alter the ferings. Clients that have placed their
the services market increasing day by fore striking the deal. “Let us drop the team interacts with the clients before lated snags at the UST front. They are contract again and again. We want to trust in UST as the delivery vehicle for
day, it is up to the IT services com- contract if they tell you something dif- working on the project,” says Arun also responsible for making sure that make sure we have a mutually benefi- their business needs can now look to
panies to differentiate themselves ferent from what we’ve said,” he bets. Narayanan, COO. About 7 years ago, the entire team is following the stan- cial relationship,” explains Pillai. us for strategy through execution.”
with their value add,” says Krishna The openness and transparency in to help train its USsociates about each dard processes and report to the global Such an engagement beyond busi- Rather than talking theory and
Prasad, Global Head, Delivery, UST. every business process ensure that client, the company developed Client relationship managers. Thus, in case ness has earned the trust of customers, over-analyzing the marketplace, the
Contrary to its competitors like In- both UST’s employees (or USsociates University - essentially a SharePoint there is a problem, the global relation- leading the way to several strategic company decided to jump right in with
fosys, Cognizant, or TCS, who are as the company addresses them) and based knowledge management and ship manager, along with the account partnerships. Recently UST formed a a ‘fast launch’ of its business consult-
more transaction focused — getting the customers are aware of what is training system. Every client that UST directors, handles the responsibility of joint venture with a very large US ing services. The acceptance of those
large deals from clients and increas- happening at every step. Unlike most engages with gets a Client University the business relationship and the deliv- based manufacturer, which was once services within the existing and
ing the client count by the hundreds organizations where there is a separate that contains all the information about ery of client engagements. the company’s client. “We worked with prospective client base has been noth-
— UST emphasizes on making large team to cater to customer queries the customer systems, about the cus- “Having multiple people per cus- the client for a long time, and pleased ing short of impressive. Consulting
investments on select clients and in- alone, every employee in UST is en- tomer industry, case studies, and on- tomer makes sure nothing goes amiss. with our performance they extended an services were launched in 2008 as a
creasing the breadth of the business couraged to mingle with the customers line courses for specific industry Secondly, in the absence of a global re- opportunity to form a joint venture. Ini- new group within the existing Strategy
with them. and support them irrespective of their certifications such as retail, healthcare, lationship manager or an account di- tially, we bought a piece in their busi- and Services division, augmenting
role in the organization. Also, every and the financial services sector. The rector, there are two other people on the ness, which we now support too,” UST Global’s already strong growth.
Customer is Top Priority USsociate is encouraged to suggest concept of Client University has also explains Narayanan. The Consulting Services group has
Focusing on fewer clients is never an ideas that he or she thinks may add been much appreciated by the cus- generated several new clients by de-
easy task, considering the fact that the value to the company or to the cus- tomers. There have been instances Expanding the Horizon livering the higher-value services that
revenue takes a deep down slide if tomer’s business. The company has set such as when a large healthcare client “UST was started with a vision of trans- enterprises are now demanding from
even one customer decides to step out. up an innovation forum and lab used UST’s Client University to train forming lives and not just for growing their providers in the face of the con-
However, Pillai takes pride in the fact wherein an associate can submit his or its own new employees. the toplines and bottomlines of the tinuing challenges brought about by
that even during the about two years her ideas, which, after validating its Today, when the business land- company,” says Dan Gupta, Chairman the recessionary market conditions
of economic slump, UST did not lose practical application, would be used in scape is undergoing a change, with of UST, about the company’s founda- since 2008.
any major client. Though a few had improving the business process. customers forcing IT vendors re-con- tion. “We started the company with a The UST Consulting team con-
temporarily ceased their business, “The absence of a set hierarchy en- sider their business models, UST has good vision and our focus was to cre- sists of a solid core group of experi-
they are now back with UST. courages our employees to communi- an edge over others by having written ate an environment that is free of fear enced practitioners who focus on
Arun Narayanan Stephanie Moore

siliconindia
|14| March 2010 siliconindia
|15| March 2010
the geographies they operate in. ‘Col-
ors’ is a strategic framework that helps
Openness and transparency in every business process
ensure that both UST’s employees and the customers achieve UST Global corporate goals by
means of participative management
are aware of what is happening at every step and USsociate empowerment. Arun
Narayanan, the mastermind behind the
concept says “The idea was to con-
The Strong Leadership nologies. “In the current times, cus- ceive a program which allows one to
Though an ambitious idea, one cannot tomers have so much data that they move out of the daily office work and
Lawrence I Lerner Joe Nalkara help but believe in Pillai’s billion-dol- want their vendors use it in a meaning- contribute to the company’s vision in
lar dream for UST, once you get a ful way such as in business intelligence an area different from what you do
close look at his strategies. While on tools and technologies and systems to everyday. There are seven colors with
straightforward and honest advice one hand he is aiming at strong cus- improve their business day by day. By different significance, for instance, a
based on analytic rigor and detail. The tomer relationships, on the other he the looks of our customer’s needs, we person under purple will indulger in
team comprises of hands-on practition- has also been building a strong leader- are looking forward to a massive de- activities that allows people friendli-
ers - experts with strong business and ship system by bringing together sev- mand for better data management and ness”. The framework facilitates
technical background who are also eral leaders from related industries in better business intelligence techniques process improvement and organization
open and objective. the past two years. Some of the key and services,” says Stephanie Moore, path with a focus on adapting ourselves promote them.’ Ade- building through people empowerment
The foray into BPO also was an ex- people who today are a part of UST in- Chief Marketing Officer, UST Global. to the changing market and technology quate training and based on the fact that each USsociate
tension of the existing clients outsourc- clude, Joe Nalkara, President, Mike A former senior analyst with For- needs,” says Gupta. coaching are given has the ability to contribute towards
ing more work. One of its existing Zerkel, Senior VP – Global Sales, rester specializing in outsourcing and by experts and not specific areas, beyond what the job
clients, a top mortgage lender in the US, Debra Anderson, ex-CIO of Novell, offshoring, Moore sees a massive shift Beyond Business by trainers. The function naturally stipulates. “Colors is
has been steadily growing their govern- Robert Dutile, former GM, Technol- in the service model practiced in this To sustain the growth trajectory, im- Handprint frame- a platform for an individual to improve
ment lending division and wanted to en- ogy, Reebok, Marsha Blakeslee, for- space. Customers not only want their plementing operational methodologies Krishna Prasad work is integrated and become an expert in a key area of
sure that there was proper quality control mer Vice President and Chief vendors take care of delivery but also to measure and improve the processes, with all the organi- interest. The employees can also create
oversight for both loan origination and Technology Officer of a retail major, take responsibility for it. Though this standards, and business models are im- zational processes in the company. value addition through cross-functional
loan servicing. They were searching for Paul Madarasz, former President of has been practiced for some time now, perative. This helps in building the Building competency is impossi- participation. It is a powerful tool for
a third-party BPO partner that would AIG technology, and most recently a client-vendor engagement is giving core competence. To this end, the vi- ble without focus on innovation. At enterprise-wide communication and
provide expertise in government lend- Stephanie Moore, VP and Senior Ana- way to a more strategic managed serv- sionaries of UST Global have devel- UST Global, the founders have strived inspiration, while it also plays a role in
ing, leading practices in mortgage qual- lyst from Forrester. “We have brought ice relationship. Another trend she ob- oped a framework that identifies the to build a system where innovation is organizational growth,” says Mary
ity control, and arm’s-length objectivity. in several industry leaders at this piv- serves is the fact that the customers are competency level of the employees the norm. To encourage this culture, Johnson, Director – Corporate Social
They also wanted a partner who could otal time, as we experience incredible looking for outsourcing support from and helps them use it in a more pro- the management has put up four dif- Responsibility, UST.
provide transactional pricing which growth and prepare to take the com- more than one location. Going by the ductive manner. The framework ap- ferent methods - setting up of a Phys- Pillai’s billion-dollar dream neither
would allow them to scale their opera- pany to the next level. Their in-depth customer demands, the company re- proaches the employees from different ical Innovation Gym, Virtual seems far-fetched nor impossible. He
tion without staffing a department for understanding of Global 1000 enter- cently opened development centers in levels. But the basic idea stemmed out Innovation Space, Open Minds, and has played his cards well and has
peak volumes or risk understaffing such prise needs in the current economic Chile and Philippines. of a belief that 50 percent of what Eureka Idea Management System. The planned well for the journey to the top.
an important function. It was essential environment makes them ideally Pillai and his team today are think- makes people effective is their behav- inclination towards innovation is en- With veterans at the helm and commit-
for them to keep costs contained at a suited to help UST clients weather the ing on the same lines, where UST man- ior. The framework also benefits the couraged by portals for technical col- ted USsociates and well satisfied cus-
time when loan volumes have been un- challenges they face. Moreover, they ages its clients in such a way that each customer because when he selects the laboration, blogging, tech discussion tomers, UST has not only created a
predictable. embody the values and culture of UST client eventually grows to become a resources for his engagement, the forums, wikis, and access through an niche in the IT services market, but has
With these criteria in mind, the client and act as the perfect ambassadors for business unit with its own infrastruc- framework tells the customer which Intranet form the core of innovation also silently led itself to the forefront
investigated several BPO providers and our brand,” says Pillai. ture and leadership. While the leading employee stands close to his expecta- management. “We approach innova- among the mid-tier players. With the
selected UST Global. The client wanted services players like Infosys, Wipro, tions. The assessment through the tion in a democratic fashion to ensure economy reviving after a long slump,
a partner with deep industry experience Business Opportunities Ahead and TCS continue to hold on to a framework is mandatory for every em- the participation of every single em- markets are opening up. Pillai is opti-
that really understood the criticality of Till date, the company has had its foot- bucket of clients in the same vertical, ployee at UST Global. The framework ployee. Hence, many such ideas that mistic about rapid growth in the first
the quality control process to their suc- prints in just a few key verticals such UST plans to create a leader out of the is built around behavioral traits and found their seed in the innovation quarter of 2010 and of UST being bull-
cess,” says Prasad. “Though we did not as retail, manufacturing, transportation, few but all the clients it has. “When we other core issues like humility, client space are being formally imple- ish on the market for the next two
have experience in the client’s BPO seg- logistics, media, and entertainment. started our business a decade back, we relationships, innovativeness, risk tak- mented,” says Gopalan. years. Walking by the ideals set by his
ment, the client had the confidence in But as it is often said ‘Recession is decided to run a meaningful business ing, and idea generation. It starts ask- The company’s vision of trans- predecessors, it is just a matter of time
UST’s ability to deliver and the disci- nothing but a pool of opportunities’, as opposed to just trying to gain more ing a simple question to the employees forming lives extends not only to its before we see UST realize his billion-
pline to meet this challenge, and we and the economic downturn has made customers and more logos to our kitty. like ‘are you aware of the values’ and clients but also to people both inside dollar dream and etch its name in the
were able to demonstrate that,” he adds. UST look at new businesses and tech- Today, we continue to follow the same then moves on to ‘do you practice and the company and the communities in history of global IT services. si

siliconindia
|16| March 2010 siliconindia
|17|
March 2010
2 O
TOP 10
MOST PROMISING

TOP 10 Most Promising IT Service Companies


IT SERVICE COMPANIES >>

ne of Pyramid’s
clients was building
009 - The trying times of re-
cession, took a great toll on the
by PricewaterhouseCoopers, an advisory
services firm. The crisis has forced com-
task to select from the hoard of compa-
nies specializing in the hot domains
an application for a
mobile device and
Pyramid
global IT services industry. panies to re-strategize their cost savings ranging from user centric software so- was planning to test
The doomed BFSI sector, and efficiency improvement methods, a lutions, business analytics, to cloud- the application on the device Etching its
touted the biggest IT spenders top strategic reason for the growing de- computing service providers and using manual testing. But the
and the continuous slogans against out- mand for outsourcing services. consulting. However, considering their whole plan underwent a complete Presence in the
sourcing, stood to be the biggest road- At siliconindia, we realize this unique business ideas as well as with the change when they evaluated the
blocks for the thriving services market. growing importance of IT services com- respect to their technology, adoption testing platform of Georgia based
However, 2010 is witnessing a turn- panies and its growing influence on the and market proposition, our experts Pyramid Consulting. “We were Global IT
around. Gartner has predicted a double economy. So, the main intend was to have churned out the Top 10 gems of able to provide the platform for
digit growth for the IT services industry closely watch some of those innovative the IT services industry. automated testing of the applica- Market
in destinations like India, which is ex- ideas that have sprouted in the form of The 10 Companies chosen are tion on the actual device instead By Ojas Sharma
pected to touch $12.8 billion by 2013. new businesses. From the thousands of founded or managed by Indian in the of simulation or manual testing.
The industry is transforming due to the nominations that we received, our panel U.S. These companies are more than The platform coupled the benefits
Sanjeev Tirath

emergence of new providers worldwide, of experts have enlisted the ‘Top10 likely to survive this year intact. They of testing on actual device with industries across verticals such as small. Tirath says that the econ-
as well as existing outsourcers' efforts to Most Promising IT Services companies have a lot of momentum and will rise automated testing, resulting in insurance, healthcare, telecom- omy has not completely recov-
expand into new markets, finds a survey to watch out in 2010’. It was not an easy above the best. accelerated deployment of a bet- munications, financial services, ered yet, but there are many
ter quality application on mobile hospitality, and logistics. Along positive signs which can be seen
devices. Our flexible delivery model with IT solutions the company everywhere. He also believes
NAME MANAGEMENT FOUNDED DESCRIPTION and the close, intimate client relation- also provides IT staff augmenta- that the government policies in
ship were instrumental to this success,” tion for more than 25 Fortune the U.S. make a lot of difference
Spadeworx
A “User Centered Software Engineering” (UCSE) solution provider.It develops
explains Sanjeev Tirath, Co- 1000 and Global 500 firms. to how outsourcing is treated by
Founder and CEO of Pyramid There are many big compa- different companies. “In the sec-
A n i l Pa g a r software solutions, that are relevant and contextual to the end users. Its
Kent, WA 2007
Founder, MD & CEO clients include Microsoft, HP, Reliance, Essar and more. The company has 100
Consulting, an IT services com- nies that are already specializing ond half of 2009, the markets re-
spadeworx.com
employees
A provider of IT consulting, customized softwaredevelopment, staff augmentation and busi-
pany with operations in the US, in mobile testing; so it is interest- ally picked up as compared to
UK, and India. ing to see what Pyramid offers the previous six months. Projects
Pyramid Consulting ness process outsourcing services to Global 1000, government, mid-sized corporations and
Sa n j e e v Ti r a t h
Alpharetta, GA 1996
that makes it stand out in the
small businesses. It serves clients across several key verticals, including insurance, software

This is just only one of several that were not funded for long
Co-Founder & CEO
pyramidci.com development, healthcare, financial services, logistics, hospitality, and telecommunications.

success stories Pyramid has to its crowd. Their highly advanced time and had been shifted to the
The company has 1000 employees.

and unique solutions are scalable, sidelines have started getting


Quest global
credit. Tirath, an IT and market-
A provider of diversified engineering services and manufacturing. Some of its cus-
A r a v i n d M e l li g e r i
Cincinnati, OH 1997 tomers include Ramboll Oil & Gas, DOOSAN Heavy Industries, Magellan Aerospace.

ing veteran with over 15 years of cost effective, and adaptable to funds again since the second half
Co-founder & Chairman
quest-global.com It has 1,800 employees

UST Global
An IT services and solutions provider for Global 1000 companies. They use a client-
experience, co-founded Pyramid the ever-changing market needs. of last year,” he says.
That’s why the company mainly
centric Global Engagement Model that combines local, senior, on-site resources with
in 1996. His insights and day-to- Pyramid uses development
Sa t e n dr a ( D a n ) Gu p t a
Aliso Viejo, CA 1998 the cost, scale, and quality advantages of off-shore operations. Its clients include

targets Fortune 1000 companies


Chairman
day involvement has enabled practices and process environ-
ust-global.com Cisco, Compuware, IBM, Microsoft, and many more. The company has 7,000 em-

as it feels that their service deliv-


ployees.
Vistronix Pyramid Consulting to provide ment that have been certified to
ery model suits them the best.
An Information Management (IM), IT support services and Managed Services com-
value-added IT solutions to nu- meet CMMi Level IV standards.
Deep a k H a thi ra m a ni
Reston VA 1990 pany serving government agencies and other organizations. The company has 330

“Our model of staffing works


Founder, President & CEO
merous Global 1000 companies The company is hoping to maxi-
vistronix.com employees.

Mindlance A global IT Infrastructure service provider. Under this division, Mindlance manages,
as well as to a number of grow- very well with companies that mize on its profits and consolidate
have large demand, as we can
Vi k K a l r a
the existing centers via adding
optimizes and automates IT operation for its Fortune 1000 clients spread across the
ing, mid-tier firms. He has been
Hoboken, NJ 1999
Managing Director globe. The company has 800 employees. Some of its client include Qualcomm, Ac-

keep up with their demand and


mindlance.com
successful in molding his com- more clients to take advantage of
centure, EMC and Infosys

pany to cater to an ever growing provide them resources with the IT services market that is fore-
Infinite Computer A global service provider of Infrastructure Management Services, Intellectual Prop-

quick turnaround and at good


Solutions Sa n j a y Go v il
casted to reach $1.1 trillion in
erty (IP) Leveraged Solutions, and IT Services, focused on the Telecom, Media,
IT industry. “With over 1,000
1999
Rockville, MD Chairman Technology, Manufacturing, Power and Healthcare industries. It has 1400 employ-
infinite.com ees.
passionate employees working prices,” says Tirath. 2012, up from $748 billion in
Amerind Solutions
Sh a i l e s h A ga r w a l
A premier data analytics and web applications development & services company. Its
for the firm across the globe, we Pyramid consulting has been 2007. With all resources in place
able to maintain a good growth
Los Gatos, CA 2007
and determination to stay one step
clients include Paypal, Salesforce, Sun and Macrovision and many more. It has
are a company that strives to stay
Partner & Founder
amerindsolutions.com around 15 employees.

Fulcrum Logic A Global IT and Business consulting organization, providing localized services for one step ahead of business trends, rate through collaborative rela- ahead of the current business
market conditions, and competi- tionships and repeat business trends, market conditions, and
Ra j e sh Si n h a
Short Hills, NJ 1999 medium and large organizations world-wide. Its clients include Microsoft, Oracle,
Founder & CEO

tion,” proclaims a proud Tirath. strategy. But the global eco- competition, Pyramid is all set to
fulcrumlogic.com IBM. The company has 750 employees.

Indeed the global presence helps nomic slowdown has impacted mark a new milestone in the IT
SierraAtlantic A provider of Product Engineering and IT services including Implementation, Integra-
Ra j u Re dd y
Fremont, CA 1993
almost all companies, big and
tion, Development, Upgrade, Testing and Support. The company has 2300 cus-

them cater to the varied growing services arena. si


Chairman & CEO
sierraatlantic.com tomers.

siliconindia
|18| March 2010 siliconindia
|19| March 2010
W
TOP 10

SpadeWorx
MOST PROMISING
Business: By Vimali Swamy
IT SERVICE COMPANIES >>
hy do many of the
hi-tech gadgets fail

Churning

A
to make a mark?
Except a few, all
hoard multiple com-
2010: What is in Store for
User-Friendly
puting features within the small dimen-
sion at the cost of user friendliness. Indian Outsourcing Industry?
Tech Solutions
More than 30 percent of software devel-
opment projects are canceled before
completion primarily because of inade-
quate user design input. The economy year after the recession, initial dividends, especially for players captive setups increased to an 18-month
Anil Pagar
suffers billion dollar losses due to this, By Eureka Bharali as the Indian IT industry such as Wipro. Add to that, some of the high in the third quarter of 2009 com-
the market research firm Standish Group Group, and the Reserve Bank of India. ent market opportunities. His expert- steps into the fourth quar- big clients have actually gone ahead and pared to the second quarter. Of the 28
finds in a recent survey, which implies Some of the prominent Fortune 100 or- ise is quite visible in Spadeworx, ter of its operations, the increased their IT budget outlays and new captive centers, 11 were set up in
that there is a huge market for user-cen- ganizations, like Microsoft and HP, have which currently develops solutions question remains - is the there are less cancellations of orders now. India during the quarter. This happens
tered software designing. Three years benefited and are heavily betting on catering to the Intranet, portals, SaaS worst in global economy over? Hope- “In the past quarter, we have received to be the highest for a single economy.
back, when the potential of this user- Spadeworx’s solutions. For instance, a enablement, social computing for en- fully it is, at least by the looks of the fi- positive business growth across all verti- These included companies as big as
centered market was yet to be realized, development process at a large ISV, terprises, rich media solutions, touch nancial results of top Indian IT players. cals. Demand recovery that started in the Standard Chartered, Ingersoll Rand, and
the three technocrats Anil Pagar, Man- which has 6,000 odd employees scat- (gesture) based interactions, and mo- The third quarter recorded an improved BFSI segment has become broad based, Kontron. In addition to this, one-fourth
dar Bhagwat, and Jitendra Wase had a tered all across the five continents, was bile applications for iPhone, Android, performance over the second, and this with telecom and technology posting of the new supplier delivery centers
clear vision of what awaited the future. reeling under the pressure to have better and Windows. growth in the businesses of Indian out- healthy growth. Improving market sen- were set up in India. Even Dell’s entry
They formed SpadeWorx with the ob- productivity. However, they were unable The company, with a small team sourcing firms is attributed to improving timents also reflected in the enterprise so- into the IT services segment after the ac-
jective of developing user-centric soft- to identify and leverage on the right do- of 100 employees, is successful in ad- business sentiments across the globe. lutions and the financial products quisition of Perot Systems, last quarter,
ware solutions, a move that now helps main expertise. The company turned to- dressing the user-centric needs. The TCS, Infosys, and Wipro, which can segments,” says S. Mahalingam, CFO, too emphasize the prospective future of
many biggies like Microsoft and HP to wards the user-centric solution of expansion plans are stalled by scarcity do everything from call center manage- TCS. The company also added 32 new the Indian IT services industry.
develop rich and interactive solutions. Spadeworx who built interactive intranet of talented resources. “We are on the ment and claims processing to software clients and 7,000 new employees. Simi- The confidence and the perform-
Founded in 2007, Spadeworx’s software that catered to the specific lookout for people who are not con- development and consulting, all reported larly, Infosys and Wipro have expanded ance of these players reflect that India
focus is to integrate techniques of build- need. They analyzed the employees and fined to a boxed mindset, rather better than expected results for the De- their global workforces by an average of will continue to have good growth mo-
ing rich ‘user experience’and techniques categorized them on the basis of their would like to explore ‘out-of-the-box cember quarter with an average of 3 per- 5.1 percent last quarter. mentum throughout 2010. “The in-
of software engineering. Anil Pagar, the domain expertise, like electronic engi- ideas’, says the CTO. So does that cent growth quarter on quarter. Revenues MNCs like the consulting giant crease in the number of captive setups
CEO, is quite confident to set a deep neering or IC design. A professional deter them? Bhagvat is quick to nip all and volumes grew, signaling that the Capgemini too have recently announced reflects the signs of recovery in the
footprint through their unique opera- seeking to leverage his IC design ex- such negative assumptions in the bud. cost-cutting imperative of this last, lean the addition of more than 21,000 em- overall market. We expect the industry
tional model, which ensures that the pertise can drag and drop one of the IC “Lack of resource is a drawback, but year may be over for India’s $60 billion ployees, at least 1,000 more than its in India to continue this momentum of
human computer interaction (HCI) ex- design experts in his personal group we have successfully set a global foot- software services industry. The compa- headcount in France, indicating the re- the last quarter of 2009 well in to 2010,”
pert, user experience engineer, usability from the main category menu. Once the print with offices in Seattle, New nies are in an upbeat mood and are look- covery from the downturn. Capgemini says Amneet Singh, Vice President-
engineer, and software architect work to- subject-matter expert is added to his York, London, Singapore, and Mum- ing forward to great times ahead by plans to start with a workforce of 1,000 Global Sourcing, Everest Group.
gether to carve out intuitive, interactive, group, the professional is able to be bai. The development centers are in launching new services, increasing their for the new Bangalore unit, increasing But there is an increasing threat to
and contextual solutions. Moreover, abreast with the updates of the expert, in Pune and in the tier-III city of Kolha- offerings, and identifying new areas of the strength to around 3,000 in 18 India’s outsourcing growth from the
their strong technology partnerships terms of blog, articles, or research pa- pur. Considering our performance, business while reviving the existing ones. months. The firm is aiming at establish- growing competition from China. In-
with companies like Microsoft and pers. This helped the professionals in the Nasscom has ranked us among the top While Infosys is looking at new mar- ing a business information management dian biggies like Wipro have acknowl-
Adobe help them use the most relevant development center share their expertise 20 fastest emerging IT companies,” he kets like China, the Middle East, and center of excellence to help companies edged that China’s tremendous strides
technologies and products for their solu- with each other and develop better prod- swiftly stitches the success-line. Latin America with a host of new serv- improve their collection, use, and analy- in outsourcing constitute an imminent
tions. The career stints of the three ucts, leveraging on their commitment Gartner’s findings suggest that ices, TCS is looking at growth sectors sis of data. Accenture and IBM too are threat to the Indian IT industry. “India
founders that span across telecommuni- and interests. user-centered methods increase user like energy, utilities, and BFSI. Wipro on following a similar course of increasing has an advantage with a large base of
cation, IT, retail, and manufacturing “Our vision is to meet the user ex- satisfaction by 40 percent and the the other end is betting on green tech- their workforces in India to take advan- $50 billion revenue; China’s is signifi-
stand them in good stead to develop so- pectations through rich interactions, user-centered design services is the nologies. tage of the low-cost IT skills. cantly less, but it is growing faster than
lutions for clients in different domains. innovative functionality, and trust- biggest emerging market. Companies There are multiple reasons for this. Everest Group, a research firm, has ours. It is important that the whole
The company’s unique approach and worthy computing,” says Mandar will be on the lookout for a better plat- Clients have eased pressure on billing identified some real reasons to smile for ecosystem is supportive to grab market-
expertise have been recognized across Bhagwat, Chief Technology Officer form to enhance their user friendli- rates, which is evident from the increased the Indian outsourcing industry in its share. Otherwise, it will be lost
the industry, and currently it boasts of a (CTO) at SpadeWorx. He has the acu- ness, and SpadeWorx, with its values operating margins of these companies. quarterly study ’Market Vista: Q3 quickly,” explains Wipro’s Executive
clientele that includes leading Indian or- men to understand the technology intact, has aptly positioned itself to New market strategies in regions such as 2009’. India as an outsourcing destina- Director and Chief Financial Officer,
ganizations such as Reliance, Mahindra changes and capitalize on the differ- grab the biggest share of the pie. si India and West Asia have started paying tion continues to be a favorite as new Suresh Senapaty. si

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March 2010 siliconindia
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March 2010
CEO SPOTLIGHT CEO SPOTLIGHT

Cloud Computing
Recover y : T he New Testing Ground for F irms

The Next Game


and Intuitive Tools
D
Dr. Anush Ramachandran, is the CEO of Teledata Technology Solutions (TTS), Incorporated in 2006 and
traded on the NSE and BSE exchanges in India, TTS provides world class services in IT consulting, ERP, CRM, IT
Hosting Operations and Specific Industry Solutions.

Changers in IT
ue to the recession of the last two Overcoming the market challenges: lutions specific to this industry.
years, most IT companies have Innovation is the age old mantra for en-
seen significant revenue de- trepreneurial success. Industry focus is Invest for future growth
creases. Smaller outfits have either gone the way into succeeding a difficult serv- Surviving the recession and the pro-
under or struggling to sustain until fresh ice business environment – offer greater tracted recovery period is at the fore-
investments are brought in or the business value as a service provider through your front of all of us. It is important for
cycle improves. Start-ups are facing a organizational industry experience. I organizations – both start-up and estab-
larger challenge of finding the right VC believe that these are the two traits lished ones – to invest for the future.

A
or Angel to fund their vision. We live in which will help entrepreneurs and serv- Energy and Health Care are two hot
a resource rich environment with every ice organizations navigate the current areas for future. Both areas of business
customer slow to initiate projects or very environment. In fact these traits have are experiencing renewed focus on tech-
Radhika Subramanium, is the CEO of
Millions of dollars on buying Their gut tells them that there is a selective about their vendor of choice. helped us to successfully deliver value nology and innovations. Trends are
Emcien. A SaaS "Pattern based ana-
lytics" platform that reveals customer and deploying software solutions lot of value hiding in the data, and The market differentiator is value addi- to our customers over the years in two emerging on how these industries are
choice combinations and trends in have left companies in a fix. Now, every CIO is scouting for a quick tion through experience and expertise. business solutions areas- implementa- likely to invest for the future. This is the
sales transactions. the appetite for a million dollar soft- way to deliver this value to the busi- There are three growth areas based on tion and support of the Oracle eBusiness time to invest into products and IP-dri-
ware is over, as people don’t have ness. The companies do not want to the current spending patterns of the gov- Suite, and implementation and support ven services in these industries. Invest-
gainst the backdrop of time for it. Technologies like cloud just slice and dice data with a hope ernment and industry – Energy and Util- service for the Amdocs CRM suite of ment is plentiful – selling your idea to
snowy Atlanta the computing and intuitive analytics to find intelligence. Rather, there is ity (E&U), Education, and Health Care. products. TTS has also made invest- the right set of investors will be the ul-
meetings rumbled on, see increased acceptance, as busi- an increased demand for an efficient All other business verticals are on a ments in the E&U industry vertical by timate challenge to all innovators and
and the compulsion to ness leaders look process, which slower recovery curve. way of intellectual property driven so- entrepreneurs.
fit in the schedule as for easily deploy- There is a huge would deliver im-

A Continuous Effort to Solve the EDA Challenges


per the weather forecast without able and easy to opportunity to replace mediate results.

P
much choice was reminiscent of the use tools. The CIOs and
current IT scenario. The media re- Hardware and the clunky world of business leaders Sridhar Subramanian served as CEO & President of PwrLite, an electronic design automation (EDA) company, develop-
ports forecast the irreplaceable in- computing cycles user-hostile software are looking for the ing solutions to address all aspects of both dynamic and leakage power in semiconductor designs.
vincibility of the clunky, expensive are a commodity, iPod equivalent of
software forcing business leaders fit and the use of
with intuitive, easy to software. “Can I ower management has become an Along with Power reduction, the power point. Hence methods like adaptive
in their models, without a choice, to cloud computing deploy, fun to use just install it, turn important criteria and every semi- EDA sector is also witnessing continued voltage scaling and dynamic voltage fre-
suit those complex software envi- makes the entire software that deliver ROI it on, and use it?” conductor vendor is on the scout for challenges in verification as the semi- quency scaling are gaining ground.
ronments. infrastructure The onerous task new techniques to achieve better power conductor process technology node The different challenges that the
The need of the hour is not about much simpler and rests on software efficiency. One powerful technique avail- shrinks. The challenge comes as the de- semiconductor industry is witnessing
attaining maximum ROI in that rigid easy to use. The next generation that vendors to deliver on this expecta- able for designers during design / imple- signers strive to include more function- present a challenge and an opportunity
technological atmosphere, it is enters the work force has grown up tion. The ability to provide the right mentation is clock gating. Clock-gating ality into the ever increasing real estate for EDA players to innovate and pro-
rather to evolve services for a new taking the iPod and Facebook for answer to this question will become adds logic to a circuit to disable switching from smaller geometries. To facilitate vide better solutions. The big chal-
breed of software, which are easy to granted. The old clunky, compli- the mandatory requirement to every- of the clock tree thus, saving wasteful the designers, the EDA players have in- lenge for new EDA vendors is lack of
deploy and guarantee a faster time- cated software solutions will not one in this game. switching of clock, logic and interconnect troduced solutions like virtual prototyp- investment by venture capitalists in
line to ROI. A software in the IT find acceptance among them. The In the present context, it’s the signals. The challenge however for EDA ing and high-speed emulation, to shorten this sector, while the bigwigs have a
group of a company, which is con- opportunity is huge to replace this user perspective that should be the vendors is to automate this process and the design cycle, improve product qual- majority of the EDA market pie with a
stantly ensuring a higher ROI for the clunky world of user-hostile soft- first priority for any entrepreneur deliver significant power savings. New ity, and reduce time to market. plethora of product bundles. It be-
unit may not work well if used in ware with intuitive, easy to deploy, who wishes to dream. And it’s also techniques like Power Island or Voltage The issue of variability too dogs chip comes imperative for promising new
the other units of the business. The fun to use software that deliver ROI. important not to let the tsunami of Island to deliver increased battery life is designers, who in turn are exploring tech- EDA players to introduce new tech-
software has to be involved in the This is the wave of the future and the media reports influence the de- being increasingly adopted and is a must niques such as statistical timing analysis. nologies to solve one or more of these
business, marking the value and the the time horizon is within just 5 cisions. As commonly said, one has for mobile silicon vendors. These tech- Designers also realize that they can play customer issues, gain quick customer
user-friendliness for the units that years. to learn the trick to separate the niques enable one to switch off circuits with power and performance as variables, adoption, and work in partnership with
are, unlike the IT departments, lack Companies today have more data wheat from the chaff and act ac- that are not required while performing an thus achieving same performance at lower adjacent vendors to broaden the offer-
complex technology knowledge. that they know what to do with. cordingly. si action, over a given window of time. power or higher performance at the same ings and stay viable. si

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March 2010 siliconindia
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March 2010
VC Talk: By Manoj Gupta VC Talk: By Dinesh Patel
The author is Vice President, Nexus Venture Partners. The author is Managing Director, vSpring
He can be reached at manoj@nexusvp.com

Medical Technologies
Agriculture

A
Claim the New VC Interest
A New Frontier

P
able a doctor to determine whether a disease is more likely to progress at a
slow rate or at a fast rate. For example, if a disease is more likely to progress
s I stand in the middle up. Also players like National Spot at a fast rate, then the physician can prescribe a more aggressive treatment plan
of a farmland some- Exchange are creating platforms that such as surgery, or if the disease is more likely to proceed at a slow rate, then
where in Baramati with will enable farmers get better price for prognostic technologies will prevent unnecessary surgeries which in turn will
a farmer who owns agriculture commodities. reduce the costs of health care.
more than 40 acres of
Dinesh Patel Molecular diagnostics, next-generation sequencing, and single-cell/single-
land there and see him smiling as his molecule analysis are emerging technologies in the Personalized Medicine
ersonalized Medicine is a key trend
fortunes are changing, I wonder how
India has the investment sector. In particular, Molecular Diagnostics that are based on
in life science investing, and is
much aware we are about this quiet novel disease causing mutations such as Single Nucleotide Polymorphism
being driven by two converging
(SNPs) or Copy Number Variation (CNVs) will be critical to developing tar-
highest area of
revolution happening in agriculture in factors. The first being the com-
India. It is interesting to see that his geted drugs (pharmacogenetics) and will enable the earlier identification of
arable land, next to pletion of the human genome proj-
land is today valued at close to Rs 1 disease and disease susceptibility.
Manoj Gupta
ect which led to the cataloging of human genes
crore, his annual income per acre is the U.S., and and the second being an informed consumer Molecular diagnostics, next-generation
more than Rs 50,000, his yield has in- base that demands more information and more
creased by 2-3 times because of bet-
therefore has a huge the price of the farm produce. The participation in their own health care decisions.
sequencing, and single-cell/single-molecule
ter seeds and drip irrigation, and his subterranean water table in India is Personalized Medicine on the whole is com- analysis are emerging technologies in the
going down every year; 80 percent of Personalized Medicine investment sector
quality of life is much better than that
potential to become prised of three related technological approaches
of those inthe so called plush urban a global food basket the lands in Punjab and Rajasthan are - predictive, personalized, and preventative/
dwellings. I have a strong inclination already in a critical condition. prognostic technologies. Predictive technolo-
and urge to become a farmer as I stand All these problems are also inter- The key areas of innovation that the more successful molecular diagnos-
gies include molecular diagnostics and whole
there under the cool breeze and bright Agriculture in India is a more esting opportunities if you sit down tic companies are incorporating include the use of genetic information re-
genome sequencing that determine an individ-
sun. Well, I cannot become a farmer than 100 billion dollar market, which and think. Jain Irrigation captured it lated to the individual patient, and opportunities that integrate good science
ual’s disease susceptibility or pinpoint where
now so I have decided to put more at- can easily double since our average in drip irrigation, Monsanto in BT with the ability to interact online. The other area of innovation is on the op-
along a disease course an individual may be
tention to agriculture investing and yields are less than half of global av- cotton, and players like KS Oils in erating side of the business. Specifically, there are opportunities to differen-
prior to the symptomatic presentation of the
help the farming ecosystem in India in erages. India has the highest arable mustard-based oil. As a budding en- tiate a business by adopting innovative operating strategies that are less capital
disease. A pioneering example of such predic-
order that all farmers in India can land area next to the US, and there- trepreneur, this may be a space that intensive – such as molecular diagnostics versus therapeutic drug develop-
tive technologies is the BRCAnalysis diagnos-
smile like the one I met in Baramati. fore has a huge potential to become could yield you more money and ment – and those that are more capital efficient by outsourcing non-core,
tic test, which assesses a women’s lifetime risk
Agriculture can be very distinctly a global farm basket. Also with better more satisfaction in the long run. commoditized activities and not incurring fixed overhead when possible.
of developing breast and ovarian cancer based
divided into pre and post harvest irrigation and seeds, you can rotate Other areas that are interesting Focus on financing as the value-generating milestone, and interactions
on their genetic profile. Personalized technolo-
spaces. The pre-harvest space in- crops multiple times in a year rather and may see lot more activity are e- with the customer are key factors for any startup in this line to grow. Most
gies include therapies targeted to the exact mo-
cludes inputs like seed, fertilizer, and than 1-2 times, which can again in- commerce, cleantech, and healthcare. entrepreneurs are cautiously optimistic by nature, necessarily optimistic that
lecular mechanisms associated with, or
pesticide from companies and the post crease the farm output of India. Education and healthcare are also in- they will be successful, but at the same time are cautious about taking more
causative for, a disease, such as Herceptin for
harvest space includes procurement, But the fact is that agriculture in teresting but are somehow more money than is necessary to achieve the critical value-creating results. En-
certain forms of breast cancer and Selzentry
processing, and marketing of agricul- India is growing at a dismal annual asset-based and may require lot more trepreneurs should bereft themselves “over-funding” their companies, as that
which is a targeted treatment indicated for pa-
tural produce. Both these spaces, es- average of 1-2 percent. There is lot capital to scale. For first time entre- tends to result in solving non-urgent, non-critical problems that detract from
tients infected with a specific form of HIV. The
pecially the pre-harvest one is seeing of government involvement in agri- preneurs who lack access to suffi- solving the urgent and critical ones. Secondly, entrepreneurs in the life sci-
third technological approach is preventa-
a lot of activity principally in the seed culture, which hinders the growth of cient capital, it is advisable to avoid ences should talk with customers early and often. The laboratory is quite a
tive/prognostic technologies, which are aimed
and drip irrigation spaces. The post this sector. The farmers in India are such capital-intensive businesses. distance from the end-user of a life science technology. An example of this
at assessing how aggressively a disease might
harvest space is still evolving but has among the least educated about dif- As an early stage venture fund, is a primary care physician as the end-user of a diagnostic test. It is critical
proceed, based on an individual’s genetic
the highest potential to grow as the ferent crop technologies and have we are open to meeting, mentoring, to talk to the customer in order to determine what the customer sees as
make-up and the genetic cause of disease.
warehousing, agriculture-logistics, limited access to capital. The farmer and investing behind entrepreneurs “value” and not what the entrepreneur or start-up company might see as a
While still in the early days of technology
and food-processing activities pick today gets only a minuscule share of who are passionate and driven. si “quality product.” si
development, prognostic technologies will en-

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March 2010 siliconindia
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March 2010
Technology: By Nitin Joglekar & Jonathan Hibbard
Nitin Joglekar, Associate Professor and Jonathan Hibbard, Assistant Professor, Boston University
School of Management. They can be reached at joglekar@bu.edu and hibbard@bu.edu manner. For instance, the carbon foot- trading these credits. Similarly, demand
print and allied lifecycle assessment for response, i.e. downward adjustments in
Unobserved data or

M
an infrastructure project within a retail difficulties in measuring usage during peak demand, is a valuable
Clean Technology: On Top Down and Bottom supply chain (e.g. Walmart’s suppliers opportunity for individual consumers as
who build consumer electronics) are dif- well as business-to-business (B2B) ag-
the key parameters in a
ficult to detail. Investors wish to down- precise manner gregators. However, large-scale diffu-
Up Assessment of Business Plans play potentially unreliable, and at times sion of such technology within a
unobservable, data and simply ask en- constitute an important consumer segment assumes that those
trepreneurs to discount these data while drawback in making consumers will modify their behavior
any observers have project finance based development, or  Co-diffusion estimating the market opportunity. That and operating procedures, e.g. turn down
identified clean tech- for software plug-ins for Web-based  Data quality is, this type of aggregate data with poor market size projections air conditioning even by a small fraction,
nologies as being PowerMeter applications, is the size of  Financial incentives quality affect the relevant top down pro- at the peak load hours. Assessment of the
among the key driv- the relevant market. Investors are inter-  Geographic differences, and jections in a negative manner, but do not states. For instance, California has man- resulting market size becomes compli-
ers of market growth ested in examining both the top down,  Consumer behavior affect the bottom up projections. dated that 33 percent of its power gen- cated because of linkages between de-
in the coming decade. Diffusion of these i.e. starting with a macro view of under- eration be derived from renewable mand, capacity, and market clearing
technologies is expected to affect the lying business trends, and a bottom up, Co-diffusion Financial Incentives sources by the year 2020. However, it prices. One of the best methods to un-
global environment and provide innova- i.e. starting with the consumer preference Usage patterns of conventional tech- The impact of financial incentives can does not specifically mandates mini- derstand the consumer reaction to such
tion opportunities to individuals, com- analysis of such projects. nologies, such as a mini-van in the be confounding because they affect both mum solar or customer site require- issues is through market research using
munities, businesses, and entire regions. A question that is commonly raised automotive sector, tend to grow in a the top down and the bottom up projec- ments. Neighboring Arizona, on the focus groups or through more involved
Examples of such technologies engen- during business plan competitions in predictable manner based on the tions. For instance, a process technology other hand, will require that only 15 per- behavioral studies.
dering business opportunities range from which we have been involved is “Are product’s ability to meet consumers’ firm such as the bio-fuel technology firm cent of its power be generated from re-
wind turbines being developed by GE, there unique features within the clean needs, while also being spurred by Verenium Corporation may qualify for newable sources by the year 2025 and it Simplifying Complexity
carbon sequestration capability offered technology sector that affect the sizing of advertisements and by word-of- federal loan guarantees if it can demon- has additional mandates in place for One goal for identifying these factors is
by firms such as InnoSepra, eco-friendly markets and the development of business mouth. Other technologies, such as a strate its production capability from a solar and customer site requirements. to inform the thinking of business plan
air conditioners, and refrigerators devel- models?” Another important question is video game console needs comple- pilot scale (e.g. 1.4 million gallons per Thus, the geographic segmentation of developers. At large firms that are en-
oped by LG, to smart metering devices “While these markets appear to be so mentary products or services in terms year) to a commercial scale (projected at target markets and choice of supply dowed with planning resources, a grow-
offered by CISCO. Large investments highly attractive - and there are incen- of software applications. 36 million GPY). Receiving such loan chain partners for a solar technology in- ing trend is toward scenario thinking in
are being made by governments and by tives being offered by many govern- Many clean technologies, on the guarantees opens up credit and facilitates tegrator firm, such as PVT Solar, be- an effort to juxtapose the effects of sev-
firms such as Khosla Ventures to pro- ments - why do we not see rapid other hand, rely on the simultaneous access to new markets. However, this come crucial assumptions while making eral factors and thereby simplify the
mote entrepreneurial efforts in this sec- diffusion of clean technologies?” After growth of the product or service of- type of scale up requires a sizable capi- top down projections. Geographic ef- complexity in the business planning
tor. Consequently, we are witnessing a reviewing a number of such plans, these fering (e.g. a hydrogen powered car) tal investment upfront, while the opera- fects can be exacerbated when one ac- processes. A best practice we have ob-
rapid rise in the number of business plans five common factors emerge that seem and its complementary infrastructure tional outcomes are far from certain. counts for global differences. Going served among small teams and entrepre-
being pitched to investors. A major un- to be creating unique pitfalls and oppor- (e.g. a network of hydrogen refueling Thus, the market sizing for top down as- back to the example of solar panels, the neurs is to focus on understanding
certainty during the development of such tunities as they relate to market size pro- stations). The timescale for the de- sessment is crucially tied to the design Indian government has recently man- consumer behavior and to develop niche
plans, whether for a capital intensive and jections in this sector: velopment of this infrastructure, of the business model. Many firms use dated the use of solar-powered equip- segments and supply chain strategies.
ranging from 10-30 years, is typi- financial incentives to create hedges ment and applications in all government The five factors discussed above
cally slower than the 3-5 year lifecy- against uncertainties during such scale buildings including hospitals and hotels. shape the top down and bottom up views
cle of a product that it complements. up operations. Similarly, the bottom up The resulting increase in demand could of market assessment quite differently.
This is known as a co-diffusion market sizing is linked to the design of be significant: nearly 1,000 MW of gen- However investors look for analysis,
process, which delays the demand financial incentives through contracts erated power in the next three years. which shows some consistency across
growth for individual products. It af- offered to the end customer. In some these two views. These investors often
fects the top down projections in a cases, these incentives are driven by ge- Consumer Behavior see business pitches that are overly opti-
negative manner, but does not affect ographic differences. Lastly, an essential factor to consider is mistic and counter to their own intuitive
the bottom up projections. Most busi- consumer behavior. Consumers are in- understanding of the growth trends in
ness plans tend to either ignore or un- Geographic Differences fluenced by cost, financial incentives, the clean technology sector. Simplifying
derestimate the delays caused by Significant differences can be caused by concern about the products, and envi- complexity and careful accounting of
co-diffusion. ready availability of a natural resource, ronmental consciousness. For example, these factors ought to build trust and lead
such as sunlight. Other differences can in the U.S., individual consumers have to a better assessment of demand
Data Quality be due to factors such as environmental been offered solar renewable energy growth. Understanding of the growth
The second pitfall involves either un- geo-politics and local, state, or national credits (SRECs). Institutional consumers challenges in the clean technology sec-
observed data or difficulties in meas- laws. Within the U.S. the renewable or demand aggregators are also able to tor, in turn, can lead to more innovative
uring the key parameters in a precise portfolio standards differ across various take advantage of this opportunity by realization of business models. si

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March 2010 siliconindia
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March 2010
Business: By Mark Settle
The author is Chief Information Officer, BMC Software
 Leveraging virtualization to in- service level commitments is moni-
crease asset utilization and reduce tored continuously for individual
BSM brings the IT
asset purchase costs business services and reported to organization to the
 Improving change management BMC’s Executive Leadership Team frontlines and
processes to reduce unplanned on a quarterly basis. The CMDB has

CIO to CIO: 
outages
Improving incident and problem
management processes to im-
prove the mean-time-to-repair
evolved into an engineering platform
and plays an integral role in support-
ing availability and capacity man-
agement. It also contains financial
re-establishes the line
of sight of the IT staff
towards the business
and lower the overall system out- data for hardware and software assets users — the actual
Reaping the Benefits age time and is used to support IT’s Vendor
Management Office.
customers
In many cases, the business justifica- In implementing integrated tools
BMC has realized numerous ben-
of Business Service tion for implementing BSM is spe-
cific to a particular user group that IT
and building new processes around
them, there are high-leverage points
efits from implementing BSM solu-
tions. Here are just a few.
is supporting through the use of the in almost every process — areas
business service tools. The needs of (very typically around standardiza-

C
Management an R&D group, for example, may be tion of options to users) where BSM
Achieve a New Customer Focus
very different from those of a sales can make IT’s job easier and more A big value that BSM provides to
group or an inventory management effective. Across the board, you can our customers is in bringing the IT
group. The real payoff should be ar- find certain policies that will make organization to the frontlines as op-
ticulated in business terms (i.e., num- IT’s work more efficient. The timing posed to the back office. BSM has
ber of orders satisfactorily placed or of certain types of activities within been a unifying concept for IT staff
volume of standing inventory) rather an IT organization can reduce unin- because it re-establishes the line of
an you imagine saving business operations and R&D labs your organization’s investments in than in IT terms (i.e., how many user tended impacts on customers as well. sight with the users in the business.
more than five million worldwide. BSM helps IT improve technology. tickets were processed in a certain As a result, you can become much IT shops are often broken up into
dollars by reusing process efficiency and achieve our ob- Look for documented, analytically amount of time). Ask yourself, more sensitive to the principles of several, very technically oriented
servers and dramatically jectives by providing the capability to objective performance indicators that “What business metrics are sup- service delivery and keeping cus- support teams. Each one under-
reducing lead times for address multiple challenges at the demonstrate benefits. These types of ported by the use of business service tomers continuously online. stands only what is happening on the
asset provisioning? What if you could same time. metrics can help you make your own tools?” Availability is a key perform- network, the desktop, and so on.
also reduce power consumption and In implementing BSM at BMC, projections about how BSM can bene- ance metric for all users of IT busi- BSM, however, looks at the needs of
the requirements for floor space by we have learned several lessons along fit your organization and to communi- Consider a Comprehensive Ap- ness applications. We employ a suite the business users — the actual cus-
about 20 percent? The IT organization the way that may be helpful to any IT cate those expected benefits to business proach of monitoring tools to track the tomers. Then BSM looks at the con-
at BMC Software has achieved these organization. Here are some of them. leaders. Focus on metrics that address availability of all enterprise applica- vergence of IT capabilities, which
We implemented best practices from include the equipment, internal re-
and more with Business Service Man- the various aspects of your IT organi- the IT Infrastructure Library® tions. In addition, we proactively
agement (BSM), a comprehensive and employ synthetically generated sources, or capabilities that are re-
(ITIL®) on a comprehensive basis. quired to address the needs of the
unified platform for running IT. We In many IT shops, there is reluctance transactions to monitor the avail-
business. In fact, the broader the im-
The business justification for implementing BSM
have been able to meet our manage- to take on many changes in a short ability of our ERP system and all ex-
ment challenges while achieving
is specific to a particular user group that IT is
ternally provided Software as a plementation of BSM, the closer you
period of time. The more typical ap- are to connecting with the business.
tremendous cost savings and improve- supporting through the use of the business proach is to begin in one or two areas Service (SaaS) applications. This
ments in IT effectiveness. combination of reactive and proac- Our conversations in IT have
where process improvement would shifted from ‘talking less about proj-
Many IT organizations are focus- tive monitoring tools has enabled us
service tools
be beneficial. We have realized ects on an individual basis’ or ‘about
ing internally on improving process greater benefits, however, by imple- to identify system anomalies in ad-
efficiency. In fact, I spend the majority Pay Attention to ROI zation, including people, processes, vance of service disruptions and assets as a stand-alone initiative’ to
menting multiple processes simulta- focusing more on ‘delivering serv-
of my time trying to leverage IT assets Return on Investment (ROI) is a key technology, and business partners. neously. avoid potential outages. In addition,
to support our global business Here are some examples of im- it has reduced our response times to ices’ to the business. These services
metric of a CIO’s effectiveness. BMC began its BSM journey by
processes. That includes leveraging all provements that can be measured in outages when they do occur. Mean- can be related to order management,
Many different forms of technology implementing incident, problem, and
of our physical assets — such as terms of ROI: time-to-resolution of service disrup- financial systems support, R&D lab
are available today to solve business change management in an integrated
servers, storage devices, and network tions to our tier-1 business systems support, and other areas. We also
problems, so you must prioritize in- fashion, employing an enterprise-
switches — but probably even more  Using service automation solu- has improved by more than 20 per- have an increased focus on using the
vestments judiciously. ROI is one of wide configuration management
important, getting the most value from tions to increase the server-ad- cent over the past 15 months tools in combination with processes
the absolute metrics that you can use database (CMDB). Adherence to
people. Our IT staff supports routine ministrator ratio through the use of these tools. to address business needs.
for measuring the effectiveness of

siliconindia
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March 2010 siliconindia
|29|
March 2010
Take a Global Perspective BSM helped avoid a planned $10 million
Another big payoff of using BSM in
our organization has been in global op-
datacenter expansion and even reduced
erations support. Our internal empha- datacenter power consumption by 23 percent and
sis on BSM and its implementation at
BMC began years ago, and BMC has
eliminated 900,000 pounds of CO2 emissions
become increasingly more global per year
through acquisitions over time.
helped our organization cope with the derstand the immediate needs of their
As the company became more
resulting limitations on staffing. We user group. They are basically doling
global, that unifying approach to IT
have been able to automate certain out portions of the pool of servers and
operations has enabled us expand our
forms of work, expanding the output pulling them back in on an as-needed
IT support groups. We now support
of our staff by using them in new and basis. When you are operating in that
our global business processes out of
more valuable ways. fashion, as opposed to just purchas-
Amsterdam, Tel Aviv, and India as
Automated procedures have been ing equipment and dedicating them
well as North America. Our functional
developed for server rebooting on a static basis to users, you get a lot
teams operate under a cohesive BSM
within our production environments of feedback from your users, and you
framework with all teams playing the
and server provisioning within our really feel that you are part of the
roles that they need to play in the dif-
R&D labs. Servers can now be re- business.
ferent service areas.
stored in a matter of seconds, instead
of minutes or hours, and can be pro- Closing Thoughts
Keep an Eye on Spending
visioned within hours instead of As a result of our commitment to BSM
Another benefit of BSM for us in the days. The use of scripting tools to au- — through improved processes and
current economy has been in helping tomate the building and booting of service management solutions — our
us to hold down spending within the servers has eliminated several years IT organization has achieved a signif-
IT organization. Given the limitations of full-time employee labor within icant boost in R&D productivity and
on capital expenditures, we are no our operations teams. reduced costs. We’ve also cut in half
longer at liberty to go out and buy new BSM provides a framework to take the time to provision a server, enabling
hardware every time someone has a people out of roles that are primarily us to provide business services that
new project. BSM solutions help us or exclusively technical and give them much faster. If a server fails, the time
monitor our existing resources closely a more direct view of what is happen- to get it back online has improved by
and find ways to better utilize them. ing in the business. One of the key 30 percent. The first-call resolution
We now have higher levels of ways that is accomplished is by au- rate on the service desk has increased
hardware utilization, which in itself is tomating certain repetitive processes, from 70 percent to 90 percent, vastly
significant. But looking at the broader allowing staff to focus on a richer na- improving customer satisfaction and
picture, this has also allowed us to ture of activities to support on a day- reducing the costs associated with
shrink our datacenter footprint, so that to-day basis. each incident.
we now need less incremental hard-
Business Service Management is
ware to meet rising business demand. Support Virtualization more of a journey than a destination.
We successfully avoided a planned
Virtualization is helping many compa- BMC’s IT department is continuously
$10 million datacenter expansion by
nies today to save money by using ex- becoming more effective and efficient.
managing IT more effectively with
isting assets and to manage power in We use BMC’s products internally and
BSM. Taking this a step further, we
the datacenter, as well as to address a are finding multiple ways to use them
even reduced datacenter power con-
number of other strategic objectives. in combination to make the day-to-day
sumption by 23 percent and eliminated
BSM has supported virtualization in work inside of IT more effective and
900,000 pounds of CO2 emissions per
our large server environments. efficient. Of course, every organization
year. Looking at the outcomes in these
Through better server utilization, is different and has unique require-
terms provides much more insight
we’ve eliminated 4,000 servers and all ments. Implementing BSM within
than a simple statement of ‘better
the associated operating costs. your shop, with your staff and your
hardware utilization’.
Managing pools of servers re- unique business processes, is where the
A down economy also translates to
quires the engineers and operators real challenge lies as you begin, or con-
hiring constraints, and BSM has
that oversee that activity to better un- tinue, your BSM journey. si

siliconindia
|30| March 2010
Technology: By Marc Hebert
Today’s ERP Legacy: Data Leading enterprise cies that comply with legal re-
Cholesterol quirements by archiving and purg-
There are many interesting influ- software vendors ing data, while reducing storage
ences worth exploring from the Y2K never made it a costs and improving application
ERP investment bubble. One that is performance. These products offer
especially fascinating is a byproduct priority for their out-of-the-box business object
of the relational database architec- customers to easily support for the leading ERP and
tures that ERPs are founded on - data CRM packages, along with the
cholesterol. Those of us who de- archive or purge the ability to define complete business
signed and built enterprise applica- data - we were objects for custom applications.
tions on Oracle, DB2, Sybase, Application decommissioning:
simply too

Informix, SQL Server, and others The ability to archive data in
were preoccupied with leveraging the enamored with just legacy applications and retiring
breakthrough advantages of rela- them, thereby reducing application
tional databases. These include the creating integrated maintenance and hardware costs.
Ten Years After Y2K: creation of complex data structures repositories of  Test data management: The abil-
with infinite flexibility to model and ity to flexibly subset production
information

A
automate a wide range of business data for test, development, and

The ERP Legacy processes for the first time.


Our preoccupation with creating
these breakthrough data models and
volumes. Third, while CPU and stor-
age costs continue to decline, it is no
training purposes, thereby reduc-
ing storage costs and reducing the
time to create, refresh, and manage
loading massive amounts of data into longer easy to free up IT budget to test systems (and enabling faster
them blinded us from the difficulty of throw hardware at the problem. application enhancements).
pulling the data out once it’s in there. Fourth, the labor cost associated with  Data privacy: The ability to de-
Economies of scale in agile business
s the new decade dawns, None of the leading enterprise soft- managing terabyte-sized application identify sensitive data in non-pro-
it’s a good time to take ware vendors ever made it a priority environments is growing at a time duction systems, while
stock of a fascinating processes enabled by strong ERP for their customers to easily archive when CIOs must do more with less. maintaining their context for accu-
infrastructure laid down during Y2K have
milestone in enterprise or purge the data - we were simply too And finally, the proliferation of large rate testing purposes, thereby en-
applications - ERP just enamored with the goal of creating in- amounts of production data in non- suring data privacy regulatory
turned twenty, just as we mark the tenth helped increase economic productivity tegrated repositories of business in- production systems (for development, compliance.
over the past five years, and even during
anniversary of the Y2K phenomenon. formation to worry that customers test, and training purposes) exposes
Many of us will mark the occasion of the might not want that data forever. The the company to data privacy liability. In this era of tight IT budgets, data
Oracle Applications Users Group 20th an- the current recession complexities of ERP data models with This perfect storm of forces on management software offer com-
niversary conference in Las Vegas in their referential integrity make pulling today’s IT organizations makes data pelling near-term ROI in CPU and
April. It will bring back memories, both Today, we mark the tenth anniver- least not in the first five years or more. data out very difficult - else applica- cholesterol an urgent issue for many storage cost reduction and labor pro-
exhilarating and painful, of this genera- sary of this historic bubble in a decid- Perhaps, we should give credit to the tion problems result. So, ten years of them. ductivity improvement.
tion of ERP applications built on rela- edly different IT budget climate. We farsightedness of yesterday’s IT plan- after Y2K, many corporations are suf-
tional databases and open systems. observe that today’s typical IT projects ners who marched forward with huge fering from data cholesterol. Even The New Era: Proactive Data Man- In Conclusion
are an order of magnitude or two investments without demonstrable near- mid-sized companies are amassing agement Organizations with production databases
The Y2K Investment Explosion smaller than they were during the ex- term ROI. But, it is certainly arguable terabyte plus databases that are grow- So, what to do about this structural of 500 gigabytes or more in size may
It is useful to recall how Y2K concerns cesses of Y2K. Moreover, these projects that the dramatic increases in economic ing at 30-70 percent every year. problem of exploding data growth? benefit from one or more data manage-
during the late 1990s fueled a dramatic are approved only after rigorous ROI productivity, at least in the US economy, There are several reasons why Enter the new era of data management ment solutions described above. By
explosion of investment in ERP soft- justification - can you imagine what over the past five years and even during databases of this size are not ideal, de- software products available from a doing so, they will extend the useful life
ware and services, resulting in a bub- would have happened, had such strin- the current recession, are in no small spite continuing price-performance wide range of software vendors, in- of their ERP systems and increase their
ble of ERP implementation that has gent ROI been required during Y2K? measure due to the economies of scale improvements in computing power cluding IBM (Optim), Informatica agility to support the challenging eco-
left an important legacy on today’s IT in agile business processes enabled by and storage fueled by Moore’s Law. (Applimation), HP (Outerbay), Solix, nomic climate of the new decade. si
environment. Many of us were aghast The ERP ROI Paradox strong ERP infrastructure laid down First, the current legal and regulatory and others. These products include:
at the gargantuan size of ERP imple- In fact, it seems clear that the huge in- during Y2K. And so, it is tempting to environment creates potential liabili-  Data archiving: The ability to ex- About Author
mentation projects at many of our vestment in ERP and its associated IT conclude that those ERP investments ties from keeping data longer than tract data from relational structures
as whole business objects with full Marc Hebert,
large global corporations - $50 million infrastructure really did not yield any- based on weak ROI, in fact, are now legally necessary. Second, maintain-
Chief Operating Officer,
to $100 million in size, back when the thing near the ROI achieved with most generating enormous ROI ten years and ing predictable application perform- data integrity, enabling companies Estuate
dollar was still worth fifty cents. other corporate capital investments - at more later. ance is much tougher with these data to implement data retention poli-

siliconindia
|32| March 2010 siliconindia
|33|
March 2010
Technology: By Pardeep Kohli
The author is CEO, Mavenir Systems
services, such as SMS – to their 4G Developed by the GSM Associa- that they can be confident will tap the
networks. For example, vendors such tion in conjunction with more than 60 widest possible market. In the process,
as Acme Packet and Mavenir Systems vendors and operators, RCS debuted RCS reduces development costs, time
have developed platforms that let op- commercially in July 2009 on three to market, and time to revenue, di-
erators re-use their Mobile Switching South Korean networks. These de- rectly improving the bottom lines and
Centers (MSCs), intelligent network ployments showed how RCS benefits competitive positions of the compa-
(IN) for prepaid and ring-back tones, the operators that use it and their cus- nies using it.
and other value added services and tomers. For both operators and their cus-
Short Message Service (SMS) infra- tomers, RCS also adds value by im-
structure to deliver services across all proving quality of service (QoS). For

The
The more services an
of their networks. example, many RCS-based services
operator offers the less are similar in look, feel, and function-
This approach has several benefits: ality to IM services that are already

Wireless
It significantly reduces the opera- widely available for free. But you get

likely for their
tor’s CapEx and OpEx, improv- customers to churn, what you pay for: These free services
ing the ability to price their don’t guarantee that a message was re-
services competitively yet prof- ceived. RCS supports guarantees and
which is becoming

W
itably. This approach takes ad- easier, thanks to other QoS-type features, improving the
vantage of existing customer care, chances that at least some customers
billing, service provisioning, and will pay to use them, increasing the

(R)evolution in India
mobile number
management infrastructure that is carrier’s ARPU.
a significant investment in any The RCS-based services also can
portability
carrier’s network. It guarantees be easier to use than their non-RCS
service parity from day one, For example, before the addition counterparts. For example, with free
which reduces the customer com- of RCS, KT’s ‘show moov’ service services such as MSN’s and Yahoo!’s
ireless companies ploy 4G technologies – LTE or cause the more services a customer
plaints and increases their satis- was designed to run on both PCs and messengers, users must create a user
have often tapped WiMAX – over the next few years, the buys from a single operator the less
faction. mobile phones. The catch was that ID, which other users must know in
into resources in ability to support voice will be key likely they are to churn – something
 The operator now has the flexibil- some ‘show moov’ features were order to communicate with them. But
India to leverage from both a revenue and competitive that’s becoming easier to do, thanks to
ity to offer services that span a va- available on PCs but not on the han- an RCS-based service eliminates these
the talent found in standpoint. Otherwise, they’ll languish mobile number portability. In fact, 18
riety of networks, such as those dets, or vice-versa, creating user frus- requirements and hurdles by leverag-
the country’s growing wireless tech- as niche players, such as providing an percent of Indian mobile users say
centered on fixed-mobile conver- tration and confusion. By eliminating ing something that every wireless user
nology sector. The growth in the in- alternative to fixed broadband, instead they would churn if they can keep
gence and IP Multimedia Subsys- the walls between wired and wireless already has: a phone number. That ID
dustry is evident in India’s move to of capturing a share of the mobile their number, according to an August
tem (IMS). networks, RCS enabled ‘show moov’ makes the service more user-friendly,
hold the auction of 3G spectrum in the voice market, too. 2009 survey by The Nielsen Company.
 The operator now has a much to provide a single set of features that perhaps to the point that customers are
country this year. This will be a major
larger pool of potential customers, would work on any device. That sim- willing to pay for it.
step toward a wider, more advanced Leveraging the Past
instead of just those looking for a plicity made ‘show moov’ more user- That’s one example of how 3G
range of wireless services throughout Some 4G operators are green-
The ability to support voice
data-only provider. friendly, encouraging more usage and and 4G operators can use RCS to co-
the country. But it also is just the first field, but many are incumbents
will be key to success for reducing the operator’s support costs. opt the threat of over-the-top (OTT)
of many steps that India’s mobile op- that have 2G or 3G networks.
The Rich Communication Suite RCS includes a core feature set, services, including VoIP. It’s also yet
erators will have to take over the next For the latter, one solution is to
Regardless of whether they’re launch- implementation specifications, and another example of why 4G operators
India operators planning to
several years. provide customers with 4G
ing 3G or looking ahead to 4G, Indian reference implementations, as well as need to be proactive in adding sup-
Each step directly affects an oper- handsets that switch to 2G or
deploy 4G technologies –
mobile operators also should consider interoperability testing to ensure that port for voice: If they don’t, OTT
ator’s bottomline and competitive po- 3G for voice. But that’s an ex-
the Rich Communication Suite (RCS), RCS-based services will work in a VoIP providers will step in to fill that
LTE or WiMAX – over the
sition. A prime example is voice. pensive solution, making it a
which makes it easier to develop and multi-vendor, multi-operator environ- void in the marketplace.
Although wireless data usage has sky- poor choice for highly price-
next few years
deploy IMS services, including the ment. But RCS is also noteworthy for LTE and WiMAX have at least one
rocketed in India and most other coun- sensitive markets such as India
ones that span wired and wireless net- what it doesn’t include. For example, thing in common: They need to support
tries, voice is still wireless’ killer app Data-only operators also risk miss- and simultaneous use of voice and
works. By the end of 2010, 1.3 million it doesn’t specify user interfaces or de- voice and messaging in order to com-
in terms of both the percentage of rev- ing out on customers who prefer to get data services is eliminated.
consumers will use RCS services, ac- vice implementations. Instead, it pro- pete with 2G and 3G. Focusing only on
enue generated and the reason why mobile voice and mobile data from the For incumbents, a smarter, more
cording to Infonetics Research. Virtu- vides a framework of interoperability, super-fast, affordable data services will
consumers and businesses sign up for same operator and thus qualify for a cost-effective solution is to leverage
ally all of them will be in the Asia which frees carriers, vendors, and de- make certain that they’ll languish as
wireless in the first place. multi-service discount. Those cus- their existing infrastructure to extend
Pacific and EMEA regions, with the velopers to focus on developing inno- niche players, an unacceptable strategy
For India operators planning to de- tomers are particularly attractive be- voice – as well as other popular legacy
majority in EMEA, the firm predicts. vative, revenue-generating services for operators and investors. si

siliconindia
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March 2010 siliconindia
|35|
March 2010
Business: By Rakesh Verma
The author is Founder and CEO, AgeTak.
He can be reached at rakesh@agetak.com magnifying the order of benefit while India should seriously plan to encourage and
Indian manager avoids taking risk at
all. Therefore there is no incentive for
promote the startup culture. It has to reposition
India: The Unsuitable Indian startups. itself as the value creator and owner, in order to
Bring up an innovative idea, creat- change its position in the global market
ing a business plan, attracting angel in-
Destination for Innovative vestors and venture funds, and getting business in America could not initiate Selected employees are not sure
acquired by large companies is a very such a change as they are constantly to turn up on joining dates, and em-

S
well accepted goal of life pursued by hard pressed by targets and to stuff ployees quitting or absconding from

Startups American professionals, while in India


such success stories are not heard of.
This attitudinal inability originates
from the depth of Indian psychology.
A typical American student from a top
university such as Stanford or MIT
many more in to the contract. Ameri-
can executives of Indian origin who
have returned to India in recent past
did not bring the innovative culture but
have fallen in line with the prevailing
Indian culture and turned themselves
work without notice and not honoring
the notice period are commonplace
here. The recruiting agencies them-
selves sometimes provoke the em-
ployees after 90 days, finding them
another placement so that they can
thinks of starting a venture while his into bade babus. earn from the candidate for a second
mall businesses and innova- not do so. The reason lies in the busi-
counterpart in India wants to become a Soon after the dot com era the In- time. The legal system offers little
tive startup ventures have ness environment, unprofessional atti-
part of the crowded labor market. The dian offshore talents came to lime- help to the overseas employer. The
made significant contribu- tude, the legal system and the lack of it
parents here always advocate safe jobs light. Many NRIs turned towards Indian company law mandates phys-
tion in building and growing India, in addition to corruption in India.
rather than ventures for their kids. It India, and the union and state gov- ical presence of directors imparting
American wealth. During Startups generally lack enough re-
means that the age when someone can ernments started attracting NRIs to unprecedented and unfair power to
tough times, innova- sources and time to counter these hur-
take up risks in life is wasted due to a start ventures in India through forums local partner, providing him a good
tions have dles in the beginning as opposed to
mindset that prevents taking risk. like ‘Pravasi Bharatiya Sammelan’ incentive to cheat the overseas part-
played a large corporate firms.
There is a general assumption that tal- with a promise of smooth and clean ners. You cannot run the operation in
k e y Indian corporates have wrongly po-
ent and education guaranty prosperity, startup formalities, legal clearance, India while being away, so you must
sitioned themselves as cheap labor sup-
while the fact that prosperity comes to tax incentives, and special economic have a local partner.
pliers in global markets, while they
those who take the risk is neglected. zones. While these steps helped large Unfortunately, small Indian busi-
could have commanded intellectual
The role of innovation in progress companies they miserably failed to nesses have devised innovative ways
property ownerships and resultant pre-
is recognized in America and is en- serve the needs of independent inno- for tax evasion, black money gener-
mium as well as value. If you compare
couraged at the highest levels in gov- vative startups willing to make India ation, and bypassing legal compli-
market cap per head count of Microsoft,
ernment. I would like to quote the their R&D base. ance for their personal benefits. This
Google, Oracle, or VMware with their
United States Federal CTO’s speech The innovative startups are char- is very much an accepted norm for
Indian counterparts such as Wipro, In-
where he mentions “Conventional pro- acterized by strong core value of an them and they find the NRI pro-
fosys, and TCS they are 15 to 25 times
curement process aim at a saving of 10 idea, huge potential of disruptive a moted startup ventures as a good in-
inferior. These companies do not have
to 15 percent through vendor innova- technology, and the potential of mag- strument for their financial
their own intellectual properties, tech-
tion. How about saving 85 percent by nitude order of financial value cre- manipulation at the risk of the over-
nology, and products and they land up
innovation?” Government procure- ation, but have very little resources seas partner whose physical absence
being mere contract laborers for Ameri-
ment process ensures a fair share of and time. The keys to success are ju- is exploited and his property appro-
can IP owners.
business to the right vendors irrespec- dicious use of resources and low burn priated. This author has come across
American soil produces entrepre-
tive of their size in America. rate. Going by the availability and many firsthand horror stories of this
neurs, while India breeds talent and tech-
If India has to change its position economy of talent, a large number of kind in the American business cir-
nocrats. It has been found that 93 percent
in the global market, it has to seriously startups should have come up in India; cles and found many potential in-
of intellectual properties created in India
plan to encourage and promote the however, almost none of the scale vestors pulling back prematurely.
role capitalize in America, ultimately adding
startup culture. It has to reposition it- equivalent comparable to America is Many such ventures either folded
in re- to America’s wealth. Most of the Amer-
self as the value creator and owner noticeable on the scene. up or moved back to America or the
building the ican companies have budget and depart-
rather than being cheap labor to other Many NRIs and independent entre- disappointed owners turned them in
economy. While ments that constantly look for innovative
value creators. preneurs started ventures in India to to cheap labor shops.
large American corporate startups that can be acquired to multiply
Such a change could only be find the futility of Indian government If India Inc wants to change the
houses have taken advantage of small successes into large volume rather
brought about by the business execu- promises, hostile and dirty legal and situation it must setup a special cell
the cost competitive offshore capabil- than doing everything themselves. The
tives who have seen both the cultures. business ambience, in addition to the and make provisions in the legal sys-
ities in India successfully, the innova- American manager takes the risk of try-
Unfortunately for India, the business unprofessional and unethical behavior tem that would protect the interests of
tive American startup companies could ing a small and or unknown company for
executives of Indian corporates doing of Indian employees and local agencies. NRI ventures. si

siliconindia
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March 2010 siliconindia
|37|
March 2010
Business: By Prakash Seernani
The author is COO, Globsyn Infotech
investment. As banks will look at safer Banks need to look internally at the business
shores, the governments of insulated
countries will raise the cover of protec- processes that link the international and
tionism, making it tougher for the banks domestic payment systems and get their act
Money & Banking Over to cross national boundaries.
together for an interaction between the two

A
This does not necessarily mean that the
banks of these countries where protec- payment systems
the Next Few Years tionism is practiced are home. They still
have to face the monster of corporate (SWIFT) and domestically (RTGS / ducks for a takeover. There is a scope of
governance. The low, or shall I say near NEFT), the banks are still to get their act turning these around, with the infra-
non-existence, of ethical corporate gov- together for an interaction between the structure that the bigger banks possess.
ernance, brings to the forefront an ex- two. Fund messages move across in These are banks that are very lean
pensive and less-reliable monster of seconds – read that as milliseconds. and ready to move ahead, but lack the
s we stand perhaps at As banks look at due-diligence, and thus high-risk and However, it takes hours or sometimes technological infrastructure and where-
the bottom of the valley
of recession, the only safer shores, the probable defaults. With leadership and days for the funds to move. withal to scratch themselves out of this
Banks need to look internally at the valley. The bigger private sector banks
way to progress, as we governments of managements changing often, the cor-
business processes that link these dif- should be putting conscious and focused
porate area itself is highly volatile for
see it is upwards. How-
ever, while the only direction available
insulated countries exposure. ferent systems, the people who own effort in identifying such banks and get-
to climb out of the trough is unidirec- raise the shield of Where then is the elusive solution? these processes, and the level of tech- ting into this business more aggres-
The answer is not far away, and the key nology awareness that exists with these sively, expanding inorganically and
tional it is also true that the path is only protectionism, lies in the agility and focus. Let us look users and owners of processes. financially.
open to those who have a deep seated
desire to grow. In tough times like this making it tougher for at these to understand what we are say- It is in the interest of everybody, includ- Another line of business that banks
ing the RBI and IDRBT that the banks should be looking at is beyond the con-
it is imperative that we run fast if we the banks to cross ing and why.
utilize technology and the available in- ventional financing of a corporate client.
The banks in the times just gone by
have to get anywhere. In the tra-
ditional thought structure, or
national boundaries have been racing against each other, fo- frastructure to the fullest, for the fastest It is the business of financing the sup-
cusing on the customer and adopting all movement of funds from places where ply-chain rather than a corporate in the
even till recently, businesses
examples. Additionally, probable sov- that technology had to offer in those it may not be required to places where it chain. This not only helps banks man-
would believe in the first-
ereign debt defaults in key countries areas. We are not new to the concept of is immediately required. This creates age liquidity, but also to curtail risk by
mover advantage, because all
such as Dubai, Greece, and Ireland are mobile banking, or any-time any-where opportunities for banks and helps man- mitigating it at every value-adding stage
were running. With the reces-
a cause for concern, with rippling ef- banking. These are the initiatives that age their liquidity. The focus has to be to of the product. While one of the thought
sion, a lot of legs have broken and
fects of global magnitude. have revamped the way front-offices are not let money to rest, but keep it in con- structures is that this is like getting
a lot of exhausted bodies are looking
To make matters worse, we are see- structured. Technological advances stant motion, possibly as fast as tech- deeper into the business of the corpo-
for rest. It will not take much to be the
ing a major contraction in debt amongst have ensured that the time-to-market of nology can move it. rate, the other says, why not, if it makes
first-mover now.
businesses and consumers. The spend- innovative services is almost zero. Banks also need to be more open banking-sense.
This article is an attempt to
ing economies are shrinking and are In the back-office, the processing about adopting more technology and These again call for technology to
focus on the two main aspects that
moving towards savings economies. of these transactions and accounts has treating it as investment (that gives be hand-in-hand and not as a support
will separate the winners from the
Those who are solvent (low-risk) and been revamped. Gone are the days of manifold returns) rather than looking at function. To build this agility, there is a
also-rans, analyzing and under-
can pay-off debt are doing so, leaving limited branch banking. Gone also are it as expenditure. The move by banks to need today for banks to identify and
standing what it is to climb out of
those who want to borrow or increase the days of any-branch banking. We raise the minimum threshold of RTGS walk hand-in-hand with the IT expert
the recession, on to a higher peak
debt being those who are perceived as are already in the era of any-where from Rs. 1 Lakh to 5 Lakhs is a paradox organizations as business-partners and
than ever before.
of higher risk. Thus banks are left with banking. Core Banking Systems, Net and perplexing. Unfortunately such in- relationships rather than as vendors.
Banking in general and pay-
people who they can’t lend to, while Banking, and Mobile Banking are part stances are not few, and they show the Vendors respond to RFPs, whereas
ments in particular have always
those to whom they can are not willing of our lives and as much a given as are banks’ resistance to money movement. business partners respond to business
been about managing risks. So
to borrow and are in fact paying back instant-coffee, 2-minute-noodles, or Next, let us see how agility can help needs. Vendors have to be multiple and
let us first look at the risks that
what they have borrowed earlier. heat-n-eat meals. banks not only move out of the reces- competitive to succeed, partners have to
are lined up for the industry over
The liquidity in the banks is rising, However, while the front-office, and sion but also reap a harvest and bring see the stake in the bank’s business. It is
the next couple of years.
and so is the cost of this liquidity. This to some extent the back-office are the corporate out. While, the banking a changed mindset for both.
At the global level, there are several
is not the only risk that liquidity faces. geared to move, the treasury of the bank biggies have not been impacted by the History has proven time and again
foreign exchange and trade issues be-
Excessive liquidity and the loss of low- (one responsible for managing liquid- recession, the smaller ones are buckling. that the best products and services are
tween the developing and developed
risk borrowers are driving banks to ity) still has a long way to go. Payment These are the ones that are up for grabs rolled out whenever banks have part-
economies; the tussles between China,
look for alternate means and places of systems on the technology front are in- now. The valuations are low, and there nered with IT organizations. I sincerely
Europe, and the U.S. being the biggest
stantaneous both internationally are many smaller banks that are sitting believe in history repeating itself. si

siliconindia
|38| March 2010 siliconindia
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March 2010
Does
Technology: By Mukund Balasubramanian

enterprise 2.0
Chief Technology Officer of Photon Infotech
terface like Facebook or rich content De-facto Way of Doing Integration
like YouTube. On the contrary, E 2.0 SOA is more like EAI than a lot of
with its new age Rich Internet Ap- software vendors would have you be-
plications (RIA) is proving to be a lieve. In fact, in many vendors’ of-
killer solution for enterprise collab- ferings, especially the ones labeled
oration. Industry experts feel that Enterprise Service Bus (ESB) have
tooling of SOA is complex and changed very little from their EAI
building frameworks and tools is roots. Many of the best practices of

E
Pave the Way for Rebirth of Service
still in the nascent stage. EAI apply directly to SOA. Compa-
One of the key observations in the nies that were doing a good job with
SOA space is that it was predomi- EAI will have an easier time with

Oriented Architecture?
nantly driven by biggies like IBM and SOA. There are also principles, stan-
TIBCO. Experts also believe that dards, and models defined to imple-
SOA was mostly vendor driven rather ment and manage the execution of Screenshot of an intranet Implementation for a multinational enterprise
than by definite and real problem SOA transformation and or enter-
solving, except for integration. prise application integration (EAI) One key factor is to realize the dif-  Mashups will continue to demon-
nterprise 2.0 (E 2.0), as it The lateral path E 2.0 takes is with for an organization. ference between Web 2.0 and E 2.0 and strate the supreme capability to
stands today, is the most respect to introducing user level hierar- How are People Leveraging SOA? incorporate extended features into E 2.0 aggregate information from sim-
sought after buzzword. chies and mandating the usage level. The implementation of SOA has been SOA vs. Web Services to make it enterprise ready, secure, and ple, composable services and ren-
Experts have begun evan- Data security and confidentiality play a dominant in the integration space. It’s Generally, SOA is not described with- capable of driving business growth. der them on multiple platforms.
gelizing it as the rebirth of key role in the success of E 2.0. out mentioning Web services, and vice Though E 2.0 is steadily climbing  The long tail of reports and busi-
Service Oriented Architecture versa. This is because they are orthog- the hype cycle, the adoption models are ness intelligence will be a huge
(SOA). To a certain degree the The trend is to build Facebook-like applications within the onal: service-orientation is an archi- not clearly defined as yet. Enterprises kicker for SOAs inside the enter-
concept can be attributed to the firewall that are trendy, visually appealing, and collaborative, tectural style, while Web services are are still looking for best practices for prises.
fact that SOA has not reached ho- an implementation technology. The their internal collaboration needs and  Collaborative intelligence within
listic levels yet, and there might two can be used together, and they fre- the reason for this being availability of the enterprise will act as the Holy
thereby fostering employee usage and productivity
be a possible justification for E quently are, although they are not mu- a plethora of technology platforms for Grail for E 2.0 adoption. The key
2.0 as a new paradigm, which utilizes Why SOA Never Reached Fruition? an enabler of enterprise application in- tually dependent. While Web services distributed needs. driver would be to set up drivers
SOA to get a lot of things done. We SOA is a principle of governing soft- tegration, partner integration, data in- are well suited as the basis for a serv- for content accumulation and re-
must see whether E 2.0 and its new ware modules and providing interop- tegration, and business process ice-oriented environment, there is How Do They Fit in? porting to drive intelligence.
found bonding with SOA will live up to erable services. Simply put, it can be management. Enterprises use SOA to nothing in their definition that requires All of these become obvious when en-
the extent of fulfilling the expectations. restated as alignment of business and improve the flexibility and extensibil- them to embody the SOA principles. terprises look at E 2.0 as not just a The challenges faced in enterprise
IT through ‘services’. SOA underpins ity of their packaged software applica- form of information dissemination collaboration platform implementa-
What is E 2.0? and enables initiatives aimed at cost tions and save money by eliminating How are People Leveraging E 2.0? platform but rather a loosely coupled tion are related to technical platforms
E 2.0 can be termed as the ‘Facebook reduction, such as SaaS or BPM. duplicated functionality. E 2.0 is used to leverage the Web 2.0 integrated medium allowing users col- and integration. Though there are off-
of the enterprise’. Enterprises have re- While SOA has been around for primitives available over the Internet laborate better with their coworkers. the-shelf products available for enter-
alized the need for building a collabo- more than a decade, it has not been Not Generating Enough Moolah and make them available within the  With first generation portals dying prise collaboration, their integration
rative platform for their employees to able to evolve into a single key enabler One of the back-breakers is that most enterprise. There are cases of enter- out and motifs that were created in with distributed systems and content
drive contributive growth and boost for enterprise solutions. IT pros have vendors have not been able to gener- prises integrating their file manage- the ’90s losing their sheen, CIOs is a key challenge.
productivity. This is done by bringing expressed skepticism about SOA’s ate enough value out of multi-million ment, content management, and are looking at creating flashy and
the power of Web 2.0 into the corporate promised return on investment (ROI). dollar SOA implementations. One of legacy systems and making them fun filled applications that would Conclusion
firewall. This idea as a whole is often A 2007 InformationWeek Web survey the reasons for decrease in adoption available within the enterprise in a sin- drive user contribution and collab- The hype that SOA will provide com-
dubbed E 2.0. E 2.0 would include in- of 278 IT pros found that 32 percent of of SOA was that enterprises were not gle platform. oration among employees. plete enterprise collaboration needs
formation sharing spaces, self-service those using SOA said that the projects realizing enough ROI from its imple- The two aspects of this are to make  SOA can be used to combine data did not survive; it is but an enabling
portals, collaboration driven intranets, fell short of expectations. Of them, 58 mentation. Excerpts from Gartner’s it more fun and informative for the from existing content and source technology and is still used as an in-
digital dashboards, and consolidated percent said their SOA projects intro- 2008 SOA adoption survey shows users and also to drive information ex- data from enterprises to make it tegration platform. E 2.0 might make
workspace. So the new trend in it is to duced more complexity into their IT that the proportion of organizations change and contribution features. For more visually appealing. it to the hype curve and would mature
build Facebook-like applications within environments and 30 percent said that planning to adopt SOA in the next example, users are allowed to create  New APIs, such as internal ver- into a well-adopted collaboration
the firewall that are trendy, visually ap- they cost more than expected. twelve months had fallen from 54 personal profiles, blogs, and chat fea- sions of Facebook or OpenSocial platform. Mashups and new portals
pealing, and collaborative, thereby fos- The reason why SOA did struggle percent in 2007 to 24 percent in 2008, tures, incorporating document sharing, APIs, will foster more adoption – will still drive aggregation and busi-
tering employee usage and on the hype cycle is because it did making it a downward curve for SOA reporting, meeting management, and and this would be an age of ness intelligence and will make this a
productivity. not have a visually appealing user in- vendor firms. alerts as well. portlets. positive spiral. si

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March 2010 siliconindia
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March 2010
CIO Profile: By Vimali Swamy
“Today, Verizon Wireless is pen-
etrating in new verticals such as Technology presents constant
healthcare and utility industries.
Anything from e-readers to utility opportunities to enable new products and
devices that measure the oil levels in
turbines to diagnostic instruments in
services, simplify business operations, and
hospitals, we want to innovate things to enhance the customer’s experience
that can be integrated into the
ecosystem again so that they cater to
our customers and also their end cus- large number of systems increased tant to develop a framework that
tomers. For example, a utility com- the margin of errors, thereby causing helps balance the ‘tripod’ Waghray
pany should be able to use Verizon inefficiency. Thus, the challenge was talks about and he has more or less

It is All about
Wireless’ products not only for its to reduce the number of systems and achieved it.

Customers
customers but also within its own or- increase efficiency and productivity.

Adding Value to
ganization for the benefit of the em- The business benefit associated Mantra for Success
ployees,” Waghray says. It is a case with a single system serving millions A CIO of one of the largest wireless
of B2B2C and B2B2E kind of of subscribers is amazing, he says. companies with nine Vice Presidents
ecosystem that he wants Verizon to “You can roll out products and serv- reporting to him, there are many a
create and support. ices much quicker. As you optimize thing about leadership and success

‘V
consolidation, it makes fault toler- that one can learn from Waghray.
Technology with a Value ance and high availability easier, “Understand the customers,” he
Ajay Waghray
Though a technologist at heart, too. And it allows for easy and con- says, “One can be adept at develop-
Chief Information Officer, Verizon Wireless
Waghray believes that technology sistent customer experience because ing breakthrough technology but if
just for the sake of technology is regardless of how a customer con- you cannot speak your customer’s
meaningless. “Technology presents tacts the company - via a cell phone, language, it is of no use.” This is the
constant opportunities to enable new online, or in person - the same back- lesson he learned early in his career
alue to cus- accessing the Internet over smart products and services, simplify busi- end computer system services all re- and which drove him to pursue an
tomer’ is the ‘Customer centric devices like PDA; making systems ness operations, and enhance the quests,” he says. MBA. His three-point mantra for
mantra Ajay that are smarter and personalized to customer’s experience”, Waghray In 2005, Waghray and team suc- success consists of:
Waghray lives innovation’ improves the individual channel and cus- elucidates. What irks him is to see ceeded in consolidating all the sys- 1. Never stop learning: Keep
by every day in tomers by integrating business in- organizations jumping up to buy the tems and processes and bringing the your mind open to learn from
his work. And why not, as the CIO
the quality of the telligence to the current technology; latest gadget or gizmo in the market number of billing systems down to anyone and anywhere. It is not
of Verizon Wireless, his primary job or just helping customers access and without measuring the value it will one and the other 100 plus systems just enough to surround oneself
is to focus on the company’s tech-
products, while maintain all the data that is available add within or among their cus- for other operations down to 25-30 with people who compliment
nology infrastructure that will help today, Waghray seeks to ensure that tomers. “What I don’t understand is systems. With the 2009 acquisition lavish praises upon you, but
enhancing customer of Alltel, the company once again rather work together like a fist
solve customer problems and add Verizon Wireless is out there lead- if an existing technology can con-
value to their everyday operations. “I experience and ing the next wave of innovation for tinue to solve the end customer prob- had two different billing systems, that has five fingers of different
always believe that it is a tripod that its customers and revolutionizing lems effectively, why go for a new which he again pushed and reduced sizes.
one has to balance. If you have the productivity of the the industry. one and increase customer costs un- to just one. 2. Always do today’s job first:
three legs of the tripod - customers, And to achieve this, the company necessarily,” he wonders. Keep the Waghray has been instrumental Instead of concentrating on what
employees, and shareholders - bal- employees has begun to embrace open source ap- costs minimum and you have a in leading efforts to bring in-house needs to be done tomorrow,
anced, you are on the right path,” plications and devices that can be happy customer and a thriving busi- an outsourced billing system for one strive to complete today’s job
says Waghray. fourth generation technology for quickly integrated into its operating ness, he adds. segment of the business, which within today. As it is this that
Long Term Evolution (LTE) that it environments and be consumed by the This reminds him of the early saved the company more than $30 will affect your performance to-
‘Customer’ - the Magic Word is developing — in partnership with customers in a machine-to-machine days of formation of Verizon Wire- million annually. Experiences in morrow.
For him, it is all about creating ‘cus- parent company Vodafone and other open world. The recently launched de- less in 2000. The combined compa- billing, sales, and architecture and 3. Execution: Success is one per-
tomer-centric innovation’ that im- global telecommunications compa- veloper’s community and the joint in- nies were then using about 17 database structure speak about his cent vision and 99 percent exe-
proves the quality of experience and nies — and testing in two US mar- novation lab with China Mobile, different systems just for billing, and versatility and knowledge of busi- cution.
products for the customers and pro- kets to enable new wireless Vodafone, and other partners to create several others for the different oper- ness and IT; and under his direction But mostly he believes in having a
ductivity for the employees. That is applications that are still in devel- Web widgets and machine-to- ational requirements like WAN, new technologies to improve system passion for one’s work and drawing
exactly what he is trying to create in opment; improving the network that machine applications are among its LAN, desktop, datacenters, call cen- performance and reliability have fun and enjoyment from what
Verizon Wireless today. Be it the leverages the user experience while steps towards realizing this. ters, help desks, and others. The come online. As a CIO it is impor- one does. si

siliconindia
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March 2010 siliconindia
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March 2010
http://www.siliconindia.com/profiles/eoRsGMkQ/Niraj_Sharan_Enterpreuner_
Chairman__CEO__Aura_Inc__Charter_Member__Siliconindia.html
Blog
http://blogs.siliconindia.com/

Author: Niraj Sharan


Chairman & CEO, Aura

Nexus of Growth in Emerging


Economies like India

A
Niraj Sharan

lot of high pace growth we see and development companies. As a re- nity that is shameless in its profi-
all around often pertains to sult, high profiteering rules the game teering with little or no sensitivity or
real estate, followed very and specifications and long term plan- understanding to the needs of the
closely by education. This is truer for ning take a back seat. And who is pay- students. The tens of thousands of
India, which has a high growth trajec- ing for all this? You guessed it right – young Indians who have paid hugely
tory. And while we see endless con- it is sadly the working class that gets for their education but are still not
struction (here I refer more to housing stung by crazy EMI payments for the deliverable to the employment mar-
and business markets than roads and next 20 or 30 years and has to cut back kets for no fault of theirs are clearly
core infrastructure) going on all on many essentials in life. products of this situation.
around, take a look deeper and intro-
spect if we are providing affordable The tens of thousands of young Indians who have
housing and a meaningful education at paid hugely for their education but are still not
a cost that is in line with India’s af- deliverable to the employment markets for no
fordability? Are we creating an educa-
tion system that throws up youngsters fault of theirs is a result of shameless
with ‘deliverable’ skills for the indus- profiteering by educational institutions
try?
I wish both were true – affordable
housing and affordable industrial and Turn to education - India got The privileged middle class that is
office infrastructure. where it is today because of a high educated and has a voice in the social
I might be a bit off my understand- standard of affordable education and and political forums must step in to
ing here, but I see soaring prices on the the world commends and appreciates raise such issues with the policy mak-
real estate front. And my pragmatic this. And what are we doing? A sub- ers with commitment. It’s our duty to
business sense tells me that much of stantial percentage of the education our country. Each one of us deserves
the ’cash’ that fuels the growth in real industry is again being hijacked by better and the least we can do is to
estate industry is not so clean and is what is loosely termed as the ‘edu- bring about awareness and eventually
coming from the political system. I am cation mafia’ – again no second force changes that make sense.
told that there are many ‘proxy’ own- guesses here. Many are being indi-
ers in the second rung construction rectly owned by the political frater- Don’t you think so?

siliconindia
|44|
March 2010
siTech20
U.S INDEX
Index of the top tech public companies in U.S founded
Stock Price
(US$)Closing
52 Week
HIGH
52 Week
LOW
% CHANGE IN PRICE
4 Weeks 52 Weeks
CAPITALIZATION
In $ Millions
and managed by Indians 02.26.2010
RANK COMPANY
1 Juniper Networks JNPR 28 29 12 12 96 14650
2 Cognizant Tech. CTSH 48 49 17 4 160 14240
3 Microchip Tech MCHP 27 30 18 2 45 5000
4 SanDisk Corporation SNDK 29 32 8 -5 125 6510
5 Syntel SYNT 34 50 17 0 248 1410
6 Keynote Systems KEYN 11 12 7 10 39 157
7 Qlogic Corporation QLGC 18 21 9 0 94 2060
8 Tibco Software TIBX 9 10 4 0 88 1550
9 Sycamore Networks SCMR 19 37 2 -2 663 553
10 Cavium Networks CAVM 24 25 9 4 150 998
11 Aruba Networks ARUN 12 13 2 6 311 1040
12 Infinera Corporation INFN 8 11 6 3 7 732
13 Netezza NZ 9 12 5 -10 66 548
14 Ixia XXIA 8 8 4 6 61 505
15 NetScout NTCT 14 16 6 0 12 597
16 iGate IGTE 9 11 2 -10 203 509
17 EXL Service holdings EXLS 18 19 6 -1 116 511
18 OSI Systems OSIS 29 33 14 4 85 521
19 Isilon Systems ISLN 7 8 2 6 209 472
20 Magma Design LAVA 2 3 1 -2 137 121

INDIA INDEX
Index of the top tech public companies in India
Stock Price
INR Closing
52 Week
HIGH
52 Week
LOW
% CHANGE IN PRICE
4 Weeks 52 Weeks
CAPITALIZATION
In Rs. Crore
26.02.2010
RANK COMPANY

1 Infosys Technologies 2602 2630 1040 4 112 149211


2 Tata Consultancy Services 762 829 358 3 57 148945
3 Wipro Ltd 678 756 197 0 211 99311
4 Tech Mahindra 891 924 205 -11 284 10921
5 HCL Technologies 367 388 87 6 266 24784
6 Mahindra Satyam 96 129 35 -5 112 11235
7 Mphasis 663 797 158 -1 288 13904
8 Financial Technologies 1481 1735 382 -1 246 6798
9 Patni Comp 475 530 94 3 378 6121
10 GTL Ltd 410 417 226 -6 79 3935
11 Rolta India 176 210 41 -11 96 2847
12 HCL Infosystems 137 189 65 3 70 2998
13 Mindtree 533 747 187 -9 160 2094
14 Moser Baer 76 115 40 3 50 1277
15 CMC Ltd 1125 1440 257 -9 285 1694
16 Polaris Software 147 204 36 -9 241 1459
17 NIIT Ltd 65 79 14 -5 261 1071
18 Sasken Communications Technology 167 169 35 -7 254 450
19 Sonata Software 52 62 14 -1 231 548
20 Subex Systems 63 102 19 -5 131 306 Email us at: indiatourismla@aol.com Call toll free number: 800-422-4634

siliconindia
|46| March 2010

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