After registering a 200 per cent year-on-year growth in the last two years, Coimbatore-based Payoda Technologies is confident of doubling its growth this fiscal.
The Founder-Director of Payoda, Mr Anand Purusothaman, said the start-up venture services the North American market by developing products for the finance and telecom verticals.
The four-year-young company is into building products for the energy and infrastructure segments, solid framework for mobiles and Web-development service, among others.
Mr Anand Purushothaman said, “Our products and services are market-driven. Payoda's first assignment was around data centre network traffic management. We developed AppViewX, a Web application for a company that had invested heavily in data centres. There are hundreds of vendors and servers in a data centre but there is no unified solution to make them talk to each other. This (AppViewX) application played the role of a central manager for application delivery controllers by proactively managing traffic with access controls.”
“We have created a niche by designing backward compatible applications on the iPhone OS platform with touch features and the ability to run on less memory,” he added.
Projects on the anvil
Payoda, he said, recently bagged an eGovernance project in India.He added that there were many more projects in the pipeline. “We are developing a product for an insurance company in West Asia, ” he added.
The company is on a hiring binge to strengthen its team size.
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