![]() Financial Daily from THE HINDU group of publications Monday, Nov 28, 2005 |
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Info-Tech
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Enterprise Resource Planning Marketing - New Products & Services Sysnet launches ERP product Rukmini Priyadarshini
Bangalore , Nov. 27 THIS is no typical garage start-up. Sysnet, which has a small office here, has been in existence for 15 years and employs 25 people. Yet it must rank as a start-up in the products space, despite having developed an out-of-the-box and even revolutionary software product, SpApp, over the past three years. In a services-driven Indian industry, a product company finds money, marketing and software product lifecycle management know-how scarce. And indeed, Sysnet needs plenty of these three. However, it says it has a path-breaking, patent-pending ERP (enterprise resource planning) technology that has the potential to change the way enterprise applications are implemented. If that makes it a candidate for an acquisition, VC-funding or private equity investment, the Chairman, Mr S. Suryaprakash is not complaining. Mostly because his focus is elsewhere. "It is time for data and application logic to coexist and old ERP product structures to change... We want to get customers across India on this, having beta tested it at factories and offices," he says. SpApp (short for Specify Application), says Mr Suryaprakash, does not need datases, programming, screen design, schematics, IT developers or database administrators. Further, it costs a fraction (about Rs 1 lakh) of products with similar functionality and can be implemented in a tenth of the time. Sysnet, which launched this product quietly this month, has had its app-maker running in client factories. It says the product is suited for lawyers, auditors, dealers, hospitals, diagnostic centres and factories. It can also be used by larger businesses and scalability is no issue, but the company is looking to resolve issues of multiple languages and Web-enablement before targeting big businesses.
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