eBusiness Solutions for Indian Industry
November 10, 1999: MphasiS co-founder and Chairman, Jerry Rao, announced
that the Company will achieve its target of US $6 million in revenues
by December 1999 - when it completes its first year of operations.
Announcing this at a briefing to media immediately after the MphasiS
Board Meeting in Pune, Jerry Rao also stated that following the
Company's successes in providing e-business solutions to U.S. and
European businesses, MphasiS now plans to introduce e-business solutions
for companies and institutions in India - anticipating the high-growth
potential for e-business in this country.
now, India was primarily MphasiS' largest development base for detailed
design, development and support required to provide web-enabled
solutions for global companies, including start-up Internet (dot.com)
companies. MphasiS' top priority in India is to now closely work
with companies and financial institutions/banks to develop e-business
solutions that can become a critical business tool by leveraging
the power of the Internet with its cost-savings benefits, to deliver
enterprise-wide customer relationship management and channel integration
Personalised E-business Solutions for India
With its in-depth domain knowledge of the financial industry, media
and dot.com companies as well as experience with large scale customer
relationship management and channel integration projects and architecture,
design and development capabilities, MphasiS is confident of delivering
personalised e-business solutions to its customers in India and
across the globe.
mediapersons in Pune earlier today, Jerry Rao, said that MphasiS
could best be described as belonging to a new breed of boutique
technology companies called "Interactive Architects". "A recently
conducted PriceWaterhouse Survey among 800 global CEOs at the World
Economic Forum in Davos, revealed that 4 out of 10 CEOs estimated
that 10% of their business revenues would be from e-business over
the next five years. This really presents Indian companies with
enormous and exciting opportunities that can be aligned with our
core competency of developing and providing personalised e-business
solutions -- effectively integrating the concept of Customer Relationship
Management to provide Just-in-Time One-to-One Marketing."
briefing to the media, Jerry Rao also highlighted that trends over
the last one year have indicated that the web provides every company
a great opportunity to integrate offerings across channels in order
to create a customer experience based on Customer Relationship Management,
where web-driven technologies jointly with Customer Relationship
Management can radically transform and personalise any company's
offering to its customers.
a team of 250 persons across the U.S., Europe and Asia, MphasiS'
Solutions Division is responsible for the design and management
of component frameworks for web-enabled service delivery and customer
relationship management, while MphasiS' Fulfillment Division manages