http://lite.epaper.timesofindia.com/getpage.aspx?articles=yes&pageid=18&max=true&articleid=Ar01800§id=12edid=&edlabel=TOIBG&mydateHid=30-08-2011&pubname=Times+of+India+-+Bangalore+-+Tech+A+Tete&title=WHO+WILL+BE+THE+NEXT-GEN+MURTHY%3F&edname=&publabel=TOI
India is a giant in software services,thanks in great degree to the extraordinary vision and work of N R Narayana Murthy,who retired this month from the company he founded,Infosys Technologies.There are sceptics who say that India will never be able to overcome this services mindset and move on to develop creative global products and platforms.We dont share that scepticism.We believe that the success of the software services industry has created talent that now has the desire,confidence and expertise to build global technology products.Thousands of such initiatives are in the works around the country.Sujit John and Narayanan Krishnaswami bring to you a sample of these,some that have reached a degree of maturity,others that have seen amazing success in a short period.
Manav Garg | Eka Software
Founded in 2004,in Bangalore
Business:
Products to manage risks in commodity trading.Commodities markets are notoriously volatile.A bad crop in Brazil or Vietnam,currency fluctuations,geopolitical situationsanything can affect an organizations ability to deliver.A Nestle cannot tell customers they dont have coffee to sell.They have to manage country risks,quality risks,risk of shipments,risk of suppliers,to ensure they have enough coffee all the time, says Garg,37,who saw the opportunity for such a software product when he worked with Singapore-based G Premjee Group in their commodities trading business in the late 1990s.
Customers:
AWB (formerly Australian Wheat Board); Louis Dreyfus,Geneva;CHS,an US agricultural cooperative;New Boliden,a Swedish mining and smelting company;and more
Revenue:
$10 million Winner of the Nasscom Innovation 2009 award.Was in the Deloitte Technology Fast 50 for India in 2009.
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