Year End Comments from Corporate Honchos in Hyderabad
Suman Reddy,
Managing Director,
Pegasystems Worldwide India Private Ltd
Suman Reddy is the Managing Director of Pegasystems Worldwide India Private Ltd, and is responsible for the overall R&D and the operations of the Indian entity. Pegasystems is the world’s leading BPM (Business Process Management) software company rated by Gartner for 3 consecutive years. Pega’s clients include Bank of America, Visa, ING, State farm, Allstate, and many more of the fortune 500 companies.
Considered as one of youngest Managing Directors of an MNC in India, Mr. Suman has joined Pegasystems in March 2004 and brings with him 12 plus years of experience in IT Industry. At Pega Mr. Suman has been involved in various initiatives in building and expanding the North American Pega Professional Services organization, prior to assuming the role of Managing Director for Pegasystems India.
About Pegasystems:
Pegasystems, the leader in business process management and software for customer centricity, helps organizations enhance customer loyalty, generate new business, and improve productivity. Our patented Build for Change® technology speeds the delivery of critical business solutions by directly capturing business objectives and eliminating manual programming. Pegasystems enables clients to quickly adapt to changing business conditions in order to outperform the competition. For more information, please visit us at www.pega.com. Overall Industry Perspective
Entering into year 2011, the industry had expected a high growth year, considering the prior 3 year slow down due to 2008 economic crisis followed with a couple of stagnant years in terms of global economy. In 2011, while the inflation played the dampener in the first half of the year, the second half witnessed euro crisis, increase in trade deficit and the dollar spike; both of which slowed the economic growth on the whole. Overall growth numbers have been modest and quite lower than what was anticipated when we stepped into 2011. We hope that the Industry would recover in 2012 especially during the latter half but the broader outlook will remains cautious.
Laxmikanth Venkatraman
Managing Director,
Broadridge Financial Solutions India Pvt Ltd
V. Laxmikanth has been working in the IT industry since 1982. His experience ranges from Software product development and support, marketing of IT products and services, Business Process outsourcing, Human Resources and Systems Administration. He has been a pioneer in the development of the offshore delivery model and has been a key member in establishing and running offshore delivery center’s for multinational corporations like Intergraph Corporation, D. E. Shaw & Co, ADP and Broadridge. A physicist by education, he started his career as a Programmer and has in the span of 29 years held various technical and management roles.
Currently, he is the Managing Director of Broadridge Financial Solutions (India) Private Limited, Hyderabad. VLK’s commitment and emphasis to quality has won him recognition as one of the best CEO’s in the country by the Asia-Pacific HRD Congress. He is a member of the Chartered Securities Investment Institute’s India committee, Chairman AMCHAM Hyderabad chapter, Managing Committee of ITSAP and a member of the advisory board of the ICFAI & Aurora College respectively.
Broadridge Financial Solutions (India) Private Limited
Broadridge Financial Solutions (India) Private Limited, with 1100+ associates is a fully owned subsidiary of Broadridge Financial Solutions, Inc. (“Broadridge”, NYSE: BR) formerly ADP Brokerage Services Group. Broadridge is an industry leader with nearly $2 billion in revenue. We specialize in three areas of services to the financial services industry: investor communications, securities processing, and clearing and outsourcing. Broadridge distributes over 1 billion investor communications each year, and components of its securities processing solutions are used by 7 of the top 10 U.S. broker-dealers. Additionally, its fixed income business processes trades with an aggregate settlement value of over $2 trillion each day.
Ramesh Loganathan
VP – Products & Center Head
Progress Software
Ramesh Loganathan, Center Head (& VP – Products), Progress Software – Hyderabad labs, is responsible for providing strategic guidance to the product teams and scale the product operations, with specific focus on cross-product capabilities/frameworks and Common Technology for the SOA/RPM and Data integration products. An accomplished technologist and evangelist, he brings with him over 20 years of systems engineering and R&D leadership experience and regularly speaks at various tech workshops and seminars.
Prior to joining Progress, he was the Vice President of Middleware Technologies at Pramati. Active in industry organizations (Nasscom & ITsAP & TiE) He drives the product forum and startup events/workshops. Ramesh recently co-authored a book on ‘SOA approach to Integration’. He is also an Adjunct Faculty at IIIT-Hyderabad, teaching courses on middleware technologies and research/exploratory work in the area of distributed systems.
About Progress Software: Progress Software Corporation
Progress Software Corporation (NASDAQ: PRGS) is a global software company that enables enterprises to be operationally responsive to changing conditions and customer interactions as they occur – to capitalize on new opportunities, drive greater efficiencies and reduce risk. The company offers a comprehensive portfolio of best-in-class infrastructure software spanning event-driven visibility and real-time response, open integration, data access and integration, and application development and deployment – all supporting on-premises and SaaS/Cloud deployments. Progress Software maximizes the benefits of operational responsiveness while minimizing IT complexity and total cost of ownership. Progress Software can be reached at www.progress.com.
Debasis Chatterji,
CEO, Netxcell
Professional, leader and challenge seeker, best describe the journey of Debasis over the last 21 years of his working life. As a thorough professional, Debasis Chatterji CEO of Netxcell combines the curiosity of a student and the intuitiveness of a decision maker. As a leader and challenge seeker the unfolding story of Netxcell best describes him.
From a virtual ground zero situation to now, Netxcell has been nurtured into a multi-product company. With proven credentials and ongoing business relationships with all the major telecom operators in India, the company manages a customer base of more than 200 million. Netxcell handles more than 200 million calls per day with more than a 100 server installation across the country.
About Netxcell Limited
Netxcell Ltd., incorporated in the year 2000, kicked off as the first VASP (Value Added Service Provider) in the nation. Netxcell provides seamless mobile solutions to cater to the emerging and demanding trends in wireless technology. Netxcell has been the major content aggregator to service providers in India. Netxcell has been ‘The Most Innovative Company Of 2007’, and has won award for ‘The Best Integrated and Cross Platform Strategy utilizing Mobile Marketing’ at MAMA 2009 for Mobismart (Enterprise Voice Messaging Solutions). Netxcell has innovated turnkey messaging solution to Enterprise messaging solution, CRBT and Video Streaming for 3G networks. Having a widespread reach in India, Netxcell is planning to go global and achieve success by providing win-win situations amongst its various clients providing customizable products and enhancing customer satisfaction.
Mr. B.V.R. Mohan Reddy
Chairman & Managing Director
Infotech Enterprises Limited
Mr. B.V.R. Mohan Reddy is the Founder, Chairman and Managing Director of Infotech Enterprises Limited, Hyderabad. An entrepreneur and technologist, Mr. B.V.R. Mohan Reddy holds a Masters in Management Engineering from the University of Michigan, Ann Arbor, USA and in Industrial Engineering from the Indian Institute of Technology (IIT), Kanpur. He is a Graduate with a gold medal in Mechanical Engineering from Andhra University, Andhra Pradesh, India.
Mr. B.V.R. Mohan Reddy has over thirty years of Engineering and Management experience, most of it in the IT industry. He began his career with DCM Group in 1974 as a Senior Management Trainee. He then moved to MICO BOSCH for 3 years as a Senior Systems Officer and later joined Hindustan Computers Ltd (HCL) as a Regional Manager. He was the Managing Director of OMC Computers, which was promoted by Voltas Ltd. He is acknowledged to have pioneered the CAD/CAM culture in India. With this entrepreneurial experience, he established Infotech Enterprises Ltd. (1991-92).
INFOTECH ENTERPRISES GROUP
Established in 1991, Infotech is a $ 261 million (FY 2010-2011) leading Global Engineering Services Company headquartered in Hyderabad, India. Infotech providing Engineering, Network and Content Engineering (N & CE) services to customers across various industries – Aerospace, Rail, Automotive, Energy, Marine, Hitech, Heavy Equipment, Consumer Electronic, Medical, Semiconductor, Telecom, Oil & Gas and Utilities. Our customers range from large highly diversified engineering conglomerates to companies that are leaders in niche engineering.
Infotech has a distinctive business model: “Global Delivery and Collaborative Engineering”. We are recognized as global leader in providing efficient and sustainable solutions based on Global Collaborative Engineering – a proven strategy designed to lower engineering costs, leverage know-how for localization and accelerate R&D efforts. Over 9000 associates of diverse nationalities offer expert technology solutions through a global footprint spanning across 30 locations in 16 countries. Our largest development centers are located in Hyderabad, Bangalore, Noida, Kakinada and Visakhapatnam in India.