When Mausam Kalra relocated from Canada to India two years ago, he had a spring in his stride. Markets were upbeat, e-commerce was being touted as the next big thing and Kalra knew now was his chance. “I had been in Canada for 11 years, where I had gone to do my masters in computer science. Soon, I was working there and was the vice president a big IT company there,” he reminisces.
Being young has its advantages. Take the Mumbai-based India Factoring and Finance Solutions, for instance. Founded in December 2009, India Factoring has young employees – the average age being 31 years.
Established in 1998, Hikal is an active partner to several companies in the areas of pharmaceuticals, biotech, agrochemicals and specialty chemicals industries. The company provides active ingredients, intermediates and research and development solutions and also collaborates with innovator companies and offers solutions in contract research, customer synthesis and custom manufacturing. It has also had its infrastructure inspected and approved by globally recognised bodies such as USFDA but what the company is equally proud of is its IT infrastructure.
One should not mistake Mumbai-based Shamrao Vithal Cooperative (SVC) Bank as a regular urban cooperative bank. Not only has the bank grown exponentially – in the past seven years, the bank has scaled up its turnover from Rs 1,600 crore to 13,000 crore. From presence in 37 places, it now boasts of being in 120 locations. “We have grown by nearly six times in less than a decade, only because of the technological advancement the bank committed itself to,” says Ravikiran S Mankikar, General Manager, IT.
The Cosmos Co-Operative Bank Ltd is based in Pune and is one of the second largest and oldest urban cooperative banks in India established in 1906. This bank is relentlessly working towards innovation and making its services and functions more robust to serve its customers better.
Clocking the highest growth rate amongst the top 10 pharmaceutical companies in India, Mankind Pharma has almost doubled its revenues every two years and is now a Rs 2,200-crore company. A fully integrated pharma company, it set shop in 1995, and has a pan-India presence with offerings ranging from antibiotics and antifungals to gastrointestinal, cardiovascular, dermal and erectile dysfunctional categories. Its portfolio also includes several OTC and FMCG products. The company is on a fast-growth highway and wants to emerge as the market leader in the next few years.
Potential of cloud to transform business enterprises is increasing as cloud computing gains traction with a variety of organisations and user groups across the globe
Thoroughly study your IT infrastructure and identify areas where cloud can fit in with minimum challenges -- It is not something which can fit all sizes.
Ketan Shah Associate Director - IT and business development Angel Broking
