Visesh Infotecnics to expand its presence globally

Visesh Infotecnics Ltd, the new entity which was formed after the merger of Infotecnics India with Visesh Infosystems, has redefined its business model with growth being its new mantra. The company has recently been upgraded to ISO 9001:2000 status and has started a new development center at
Gurgaon.

Interestingly, in the last quarter of 2002, it was ranked amongst the Top 250 Technology Companies in the Asia-Pacific region by Hong Kong-based Deloitte Touche Tohmatsu. India had only 21 companies in this line-up and Visesh was ranked at 167, at the 11th position amongst Indian IT companies.

Sanjiv Bhavnani, Joint MD, Visesh Infotecnics, credits the strong customer focus and the domain expertise of its technical team with the company's 96 percent revenue growth over the past three years. "It is the strong capabilities of our team and their untiring efforts at keeping customer commitments, that has paved the way for such growth. We expect to set new benchmarks in quality, performance and growth this year with the recent changes effected in the company and establish a niche for ourselves in the global market as well."

Besides this, Visesh signed up as a Worldwide Developer Partner with Oracle Corporation in November 2002 and also became the second company in India to sign an ASFU agreement with Oracle, which gives international recognition to Visesh's flagship ERP products BusinesSoft and
BusinessPro.

The company also started its first software development assignment from French pharma major, Aventis in Thailand. And it is in the midst of discussing several initiatives for the development and networking teams in the Middle-East, Germany, Malaysia and Mauritius. These are expected to result in significant business opportunities for Visesh shortly.

Bhavnani also spoke about the new ERP software that has been built in-house at the Bangalore campus for the SME segment.

This product, code-named Blitz, is made for the mid business segment, which require an ERP software but cannot afford one. "Right now we are waiting to gather our resources together to launch this product worldwide." Tentatively, Blitz will be priced around $ 5,000.

He said, "I feel that the segment in which we are planning to launch this software has no competition and we would stick to the conventional channel model. We are in the midst of talks with various distribution agencies world over for its sales."

Talking about the strategy to launch Blitz, Bhavnani said that though they have developed this product in India, but they want to bring the global success of this product in India and thus is planning for a global launch first. Talking about the USP of this product, he pointed out, "First of all it has the cost advantage, secondly it is open land and has a built in database."

Visesh is also planning to start customized software development. "We have been developing software for quite sometime and now we feel that we are ready to take projects for others." This division should be contributing 25 percent to the company's total revenue.

"The going has been good and our mood is upbeat," quipped Bhavnani. After synergizing the networking team and ERP team, he felt that the core competencies of this new avatar are more equipped to handle the new business requirements with ease.

Visesh is also planning a global presence. It already has its office in Thailand and the US. The company is now aiming at opening offices in South Africa, Australia and the Middle East.

Shweta Khanna