The New Indian Express, Bangalore
The founders of Magnasoft Consulting India (P) Ltd have roped in the former Managing Directors of Compaq Computer India (P) Ltd and Autodesk India (P) Ltd, Abhishek Mukherjee and S Sridhar respectively, to strengthen its management team.
Both of them have termed their entry into Magnasoft as a "new beginning" and beginning of a new life. Abhishek is the Chairman and CEO, while Sridhar will be the Vice-Chairman and MD.
Talking to newsmen here on Thursday, Abhishek said that Magnasoft was founded two years ago with funding from Global Technology Ventures. In the last two years, it has developed domain specific GIS applications across platforms and devices for enterprise wide integration.
"Magnasoft is positioning itself uniquely, with focus on developing GIS/GPS applications to make location based information available at any place and over any device in a wide variety of industries such as telecom, power, logistics, transportation and government. Magnasoft will be developing applications on leading software platforms from Autodesk, ERSI, MapInfo and with others," he added.
Sridhar said that their responsibility will be to establish Magnasoft as a leading provider of GIS/GPS solutions from India in the next three years. It hopes to clock in a revenue close to Rs.6.5 to 7.5 crore. It has a workforce of 129 and the attrition level is the lowest in the industry.
Magnasoft has developed Eventor (an online event management solution), VTS and municipal applications. It is in the process of developing patient tracking applications for hospitals.
"We have offices in the US, France, the UAE, Malaysia and Indonesia. It has secured certification and recognition from National Remote Sensing Agency," Abhishek added.
During the past decade, our economic reality has undergone a dramatic
transformation and a fundamental shift. After years of economic expansion
fueled by unrealistic rates of consumption and unsustainable levels of
private debt, the global economy has reset at a lower baseline level of
activity. Today, people borrow less, save more, and spend with much greater
caution. This is the new normal and it will be with us for some time to
come. The issue now is how to respond!!!
At Magnasoft, we look at this phenomenon as a transformation that will
change the way we experience the world and share our experiences with
others. It's a transformation in which the barriers between technologies
will fall away so we can connect to people and information no matter where
we are. It's a transformation where new innovations will shorten the path
from inspiration to accomplishment.
Magnasoft combines the power of GIS, LiDAR, mapping, photogrammetry and
other geospatial technologies with extensive subject matter expertise to
implement powerful GIS solutions that integrate seamlessly with the IT
framework of organizations. From GIS Data capture and GIS data development,
GIS Application development, 3D laser scan data processing and modeling,
Enterprise Integration and Photogrammetry - specializing in topographical,
parcel and cadastral mapping, orthophoto generation and rectification,
aerial triangulation, contour generation etc covering the complete terrain
in GIS systems.
For years, we at Magnasoft have talked about how our services enable
companies to do more with less. But during this economic reset, we strive to
provide business leaders with the answer to a slightly different question:
Can my company do more, with less?
Magnasoft Consulting is India's Smartest GIS Services provider established
in 2000 & based out of Bangalore, India's Silicon Valley. Backed with a
State of the art Infrastructure and an highly passionate and competent team
we believe in creating a 'difference' in the world of GIS innovations. Our
focus is on providing enable you to leverage adversities in your favor &
gain definitive competitive differentials transforming your extended GIS
team into a strategic asset that makes it possible to cut costs without
crippling customer service or constraining workforce creativity and
effectiveness. Our Emphasis has always been on 'Quality' and 'Process'
enabling us to be a Great Business Partner to all our GIS Customers.
Please feel free to contact us anytime, we welcome your feedback and
inquiries regarding GIS Data capture and GIS data development, GIS
Application development, 3D laser scan data processing and modeling,
Enterprise Integration and Photogrammetry - specializing in topographical,
parcel and cadastral mapping, orthophoto generation and rectification,
aerial triangulation, contour generation etc covering the complete terrain
in GIS systems.