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Profiling a 4-time award winner of the Deloitte Technology Fast 500 Asia
Pacific program: Geodesic Information Systems Limited
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Every year, Deloitte's
Technology Fast 500 Asia Pacific program identifies technology, media, and
telecommunications companies that have achieved the fastest rates of revenue
growth in the Asia Pacific region during the past three years. The program also
evaluates the quality of a company's management team, competitive leadership
and market size, its potential and overall financial strength. This program is
supported by Deloitte's Technology Fast 50 initiatives, which rank high growth
technology companies by location, in seventeen locations outside the United
States (there are 27 distinct Technology Fast 50 geographic areas in USA) with
Central Europe being counted as an eighteenth region.
The Technology Fast 50
programs have brought many companies in Australia, China, Hong Kong SAR, India,
Indonesia, Japan, Macau SAR, Malaysia, Philippines, New Zealand, Singapore,
South Korea, Taiwan, Thailand and Vietnam in the limelight.
Judging by the 2006 Asia
Pacific survey, tech companies are doing exceedingly well. Apparently, the 500
fastest-growing technology companies in Asia Pacific recorded an average
three-year revenue growth of 399 percent. Not bad? Well, India - especially its
software sector - seems to be on a roll! When companies were ranked by industry
and location, the maximum number of software companies (precisely 27), were
located in India.
Focus on India: Geodesic Information Systems
Limited
We profile one of these
companies, Geodesic
Information Systems Limited, placed 82nd on the Deloitte Technology Fast 500 list with a revenue growth of 453.61%. Not bad?!
Within India, Geodesic was awarded the 7th place in the Deloitte Technology
Fast 50 India 2006 listings.
Further, Geodesic also
bagged a place in the Deloitte's Fast Technology 500 Asia Pacific listings in
2003, 2004 and 2005. In 2005, Geodesic was listed 172nd with a 3-year revenue
growth of 318 percent. In 2004, it was 117th with a 3-year revenue growth of
293 percent. Evidently, Geodesic is not only keeping up a tradition, but
improving its productivity every successive year. No wonder then that Geodesic
has also featured in Deloitte's Technology Fast 50 India lists and in the Red
Herring's ‘Top World 100' small cap technology companies in 2005.
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When software companies were
ranked by industry and location, the maximum number of software companies
were located in India.
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So what exactly does
Geodesic do, to achieve such consistently high growth rates? Apparently, its
name reflects its mission - building a global community without barriers by
connecting people across multiple platforms, devices and operating systems,
that is, across the world.
More pointedly, the name
Geodesic is derived from geodesy, the science of measuring the size and shape
of the earth. Thus, a geodesic is the shortest route between two points on the
surface of the earth, or a segment of a circle.
Let's
chat!: How does Geodesic aim to fulfill its mission? As a software
solutions company, Geodesic has combined bright ideas and breakthrough thinking
to come up with path-breaking communication and collaboration solutions. For
instance, its flagship product Mundu Messenger facilitates universal instant
messaging by successfully combining AIM, Google Talk, ICQ, MSN, Mundu and Yahoo
with deep content collaboration across the Internet, wireless devices and
platforms.
What does this mean? Simply
that Geodesic has truly got under the skin of instant messaging and come up
with a solution - Mundu IM V3 - that combines the interoperability of IM
services (AIM, ICQ, MSN, Yahoo) to provide consumers with a seamless user
experience. So irrespective of whether you and your buddies have IM accounts on
AIM, ICQ, MSN or Yahoo, as Mundu Messenger facilitates cross-conferencing, you
can all chat across all the IM's in the same window. There is no need to log
into different IM accounts. Further, Mundu Messenger comes with a dual desktop/
mobiletop dashboard and a browser alternative, thus allowing users to define
the way they access, share and collaborate information. Mundu Messenger also
enables real-time collaboration between trusted lists of IM contacts across
public IM networks on the Web, Desktop and Mobile Phone.
Talk to your heart's content!: Mundu
Speak is yet another Geodesic product that offers unlimited talk-time access
using Voice over IP (VOIP) on a smart mobile phone. The application is based on
the practical observation that mobile telephone is easy and comes naturally,
whereas using VoIP by plugging into a computer via a headset is neither easy
nor natural. An invitation only service, Mundu Speak allows a user to
experience
voice using a phone's regular 2G and 2.5G data networks. For more details, or
to start using Mundu Speak, visit www.munduspeak.com
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Mundu
IM Referral can offer social networks an explosive growth tool to create
valuable referrals
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Mundu IM Referral enables a
message to be simultaneously broadcast across multiple public IM networks.
Bearing in mind that public IM networks have more than one billion users,
sending a message using Mundu IM Referral comes across as an easy and effective
way to get the word out - such as when marketing a new service or product.
Further, the service integrates with any webpage, desktop client application or
mobile phone application. Thus, as an example, Mundu IM Referral can offer
social networks an explosive growth tool to create valuable referrals without
requiring the consumer to leave the target site. Apparently, just one user
referral can reach upto 400,000 users over IM.
Get
the word out!: ADePT is Mundu's online advertising solution for online
portals and their advertisers. It serves contextual-based ads on Mundu
applications and other websites and as such, is of great use to social
networking and similar sites. ADePT does not only serve-up ads, but facilitates
an entire ad campaign management and positioning.
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Today, more than 6 million
users through associate sites, system integrators and partners are using
Geodesic's products.
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Today,
more than 6 million users through associate sites, system integrators and
partners are using Geodesic's products. Geodesic Information Systems Private
Limited, or Geodesic, has indeed come a long way since being established in
April 1999 by professionals with over 60 man years of experience in the
Information Technology industry. In 2000, Geodesic was taken over by B V
Holding Limited, a company in existence since 1982, but the emerging entity is
known by the name, Geodesic Information Systems Limited.
Since 2000, Geodesic has
grown from strength to strength. It reported consolidated revenues of Rs 1004.1
million for the year 2005-2006 and net profits after tax of Rs 402 million.
Listed on the National Stock Exchange and Bombay Stock Exchange in India,
Geodesic is headquartered in Mumbai yet its 180+ team is globally spread out -
in offices in Bangalore, US, UK, Sweden and Hong Kong.
Reaching out in more ways than one:
Actually, serving domestic and overseas prestigious clients such as Indiatimes,
Alleance Victory, Sharekhan, Girvan Institute (NASA Affiliate) etc has required
Geodesic to fan out across the world. Hence, Geodesic's subsidiaries, such as
Picopeta Simputers and Engage Solutions Limited came into existence. Like the
parent company Geodesic, these subsidiaries have innovative, visionary
objectives and own proprietary technology solutions.
For instance, PicoPeta, a
company founded by the co-inventors of the Simputer, was named by MIT's
Technology Review magazine as one of the 7 hottest academic start-ups of 2001.
The vision of the co-inventors of Simputer is to make computing affordable and
accessible to people of developing countries who face barriers of price,
language, and literacy. Thus, building on this vision, PicoPeta envisions a
connected world with the Simputer as the building block.
Building
connected communities: A dream that is practical, hence do-able.
Consider this - the Simputer provides affordable computing power (up to 10
times the processing power of a regular handheld computer) to build large
mobile IT solutions at a fraction of the cost normally associated with such
projects.
PicoPeta's
role is not merely limited to supplying the hardware for the Simputer, it also
provides developer tools and technical information needed to develop Simputer
applications. PicoPeta also has the expertise to build software solutions on
the Simputer platform, and provides project management, consulting, and system
integration services to help industry in this goal. In order to keep the
software solutions simple for illiterate people to use, Picopeta's team
includes experts on human-computer interaction, who have years of experience in
making easy-to-use applications and devices. For instance, a touch screen
interface helps do away with traditional input devices such as a mouse or
keyboard, and the development of a standardized interface language called IML (Information Markup Language) and icon-driven
interface further help ensure that the Simputer will not ‘put off', so to
speak, illiterate villagers.
More
value-add proprietary technology: Yet
another Geodesic subsidiary is Engage Solutions Limited, a Hong Kong based
company established in 2000 specializing in the provision of software products
and services primarily for the financial services industry. Engage Solutions
counts seven leading Asian-based financial institutions - that is, in
Australia, Hong Kong, Singapore and Korea - as its clients. Its enterprise
product - Spyder, an end -to-end marketing life-cycle solution - incorporates a
set of appropriate internal and external communication, record keeping and
other tools to keep pace with and align services to clients needs, so as to
retain a customer base.
Other subsidiaries include Geodesic Information Systems
AB (formerly Clangula IT AB of Sweden), a premier enterprise workflow solutions
management company established in 2003. Its flagship product - CITflow -
focuses on delivering value by helping corporates increase corporate
productivity by offering innovative, high-quality business process and workflow
management software which helps decrease turnaround times of tasks by 80
percent and thus, increases profitability.
Making a mark: In addition, Geodesic Information Systems Inc (GISI), USA and Geodesic
Information Systems Pte Ltd. (GISPL), Singapore, are two subsidiaries working
to market the Geodesic product range in new markets and develop more business
opportunities.
Evidently, Geodesic Information Systems Limited scores
both on account of its consistently high revenue growth, as well as its
ownership of proprietary technology that has contributed to the significant
growth of the company and its subsidiaries. It is meeting its mission of
building widespread, trusted communities. A laudable feat indeed!
For more details:
http://www.geodesiconline.com
http://www.mundu.com
Charu Bahri is a freelance writer and author of two books. She also
writes funding grants and software for a charity working in the health
sector.
Issue BG70 Jan07
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Adobe Named to FORTUNE's List of 100 Best Companie
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