The 10 best Oracle Partners to Watch in 2018

OCTOBER 2018

10 T H E

BEST

ORACLE PARTNERS TO WATCH IN 2018

Kiran Kumar Co-founder & Executive Director

Ashok Kumar

Co-founder & Executive Director

Jaskaran Singh Bhogal Co-founder & Executive Director

PROFINCH

Offering Intelligent Banking Solutions for a Better Tomorrow

Editorial

M

arc Benioff, a well-known entrepreneur, once said, “The cloud services companies of all sizes…The cloud is for everyone. The cloud is a democracy.” And we cannot agree more! Adopting the cloud technology, today, is no more an option- it has become a necessity. It brings number of advantages to the businesses, their management, and processes. There are obvious benefits that the cloud brings, like efficiency, reliability, cost reductions, scalability, better analytics, and many more. But, there are some benefits that are not even realized initially. Only after cloud migration, businesses unfold these unforeseen advantages that the cloud brings in.

But before leveraging these benefits, the businesses have to successfully move to the cloud. The pathway of migrating to the cloud is filled with various challenges. These include insufficient planning, cost, security, time, and obsolete technology, to name a few. To make this tardy and not-so-easy process of cloud migration easier, faster, and cheaper, Oracle has devised a solution called ‘Oracle Soar to Cloud’- an application made for the companies that want to embrace the cloud technology with open arms, but do not know how to do that.

Soaring into the Future with Oracle

Oracle claims that it has created the world’s first automated cloud migration solution. It brings in benefits like reduced time, decreased costs, and allows companies to stay focused on their businesses. Soar to Cloud offers tools that can identify the existing customizations and integrations present in the Oracle application, scan the parameters for configuration, and use the data to configure the Oracle ERP Cloud automatically. The whole process is made very easy and effective. “It’s now actually an easier upgrade to go from Oracle E-Business Suite to the cloud than from one version of Oracle EBS to another,” said Larry Ellison, the Oracle Executive Chairman and Chief Technology Officer. He adds, “Once you’re in the cloud, that’s the last upgrade you’ll ever do.”

Cloud is the future, and beyond it there is a big blue sky of benefits waiting.

And with Soar to Cloud, Oracle has made it easy for the companies, of all the sizes, to adopt and leverage these benefits. With it, most of the major problems with cloud migration are solved and with this companies can now adapt to and use the cloud technology to bridge the gap between its operations and people.

Aishwarya Nawandhar

Editor-in-Chief Pooja M. Bansal Senior Editor Shraddha Deshpande Managing Editor Shweta Priyadarshini Executive Editor Aishwarya Nawandhar Contributing Editors Anmol Preet Singh, Sneha Sinha, Ananda Kamal Das

Art & Design Director Amol Kamble Co-designer Sapana Shinde Picture Editor Alex Noel Art Editor Aasha, Deepanjali Visualiser Shweta Shinde Business Development Manager Akansha Garewal Marketing Manager Dhruv Apte Business Development Executives Mohit Dhake, Prathamesh Kate Research Analyst David Circulation Manager Vivek Bangade Database Management Prashant Chevale Technology Consultant Swapnil Patil sales@insightssuccess.com

October, 2018 Corporate Ofď€ ces: Insights Success Media and Technology Pvt. Ltd. th

Off. No. 513 & 510, 5 Flr., Rainbow Plaza, Shivar Chowk, Pimple Saudagar, Pune, Maharashtra 411017 Phone - India: +91 7410079881/ 82/ 83/ 84/ 85 Email: info@insightssuccess.in For Subscription: www.insightssuccess.in

Insights Success Media Tech LLC 555 Metro Place North, Suite 100, Dublin, OH 43017, United States Phone - (614)-602-1754 Email: info@insightssuccess.com For Subscription: www.insightssuccess.com

Cover Price : RS. 150/Follow us on :

www.facebook.com/insightssuccess/

https://twitter.com/insightssuccess

We are also available on : Copyright Š 2018 Insights Success, All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from Insights Success.

Reprint rights remain solely with Insights Success. Printed and Published by Insights Success Media and Technology Pvt. Ltd.

Cover Story

08

Proď€ nch

Offering Intelligent Banking Solutions for a Better Tomorrow

CXO

Genius' Guide

16

Business Insight for Executives to lift the Fog over Cloud ERP Implementation

Expert’s Viewpoint Sunny Days for Enterprise Software products developed in India

34

DigiTrend

30

Rise of Cloud and Big Data and its effect on the Industry

Mapping Evolution The Mapophobic to Mapophilic Transformation

42

CONTENTS Article

Distributed Ledger

Tech Camouage

Bringing Blockchain to Business with Oracle

Developing an Adaptive Intelligence Process in Oracle Cloud

22

36

ShardaTech Paving a Pathway that Leads to Innovation

ABM Knowledgeware Digital Government that Works

26

20

Teknospire Connecting FinTech Technologies for Better Living

40

30 Trempplin Creating Possibilities with Innovation and Excellence

The Ultimate Oracle Partners Bridging the Gap between People and Processes

T

he world of data witnesses continuous changes. With this constant evolution, it presents businesses around the globe a number of opportunities and challenges. The amount of information generated is rising every second and today, there is a significant need to find a way to manage all of this information.

By integrating, recording, organizing, and analyzing data accurately, companies can reap myriads of benefits.

With Oracle partners, this process is made easy.

To acknowledge the leading Oracle partners in India, we bring to you this special edition of “The 10 Best Oracle Partners to Watch”. In issue, we will help you to walk through a list of companies which have made their mark with their exemplary services. With their comprehensive vision and dedication, these companies have paved a pathway to success in the marketplace.

On the cover we have, Profinch Solutions Pvt. Ltd., an IT products and services company, focused on banking and financial services.

Apart from these we have also included interesting overviews of various companies, which might interest you.

ABM Knowledgeware Ltd., is one of the few IT companies in India with exclusive focus on e-Governance since 1998; Sharda Tech Pvt. Ltd., is a leading technology and services company providing out-of-the-box business solutions; Trempplin Centre of Excellence (TCoE), is a software developer & training institute in Bangalore; Teknospire Software Services Pvt. Ltd., is a technology company focused on Fin-Tech platforms with an active presence in an emerging market; Litmus7 Systems Consulting Pvt. Ltd., Arihant Adroit InfoSystems Pvt. Ltd., BeyonData Solutions Pvt. Ltd., Clover Infotech Pvt. Ltd., and Globalminds Advisory Services Pvt. Ltd. are some other pioneering oracle partners.

We also bring you articles penned by some of the leading Entrepreneurs in this arena. The magazine also contains a few intriguing articles drafted by our in-house editorial team.

Thus, do turn through the pages to embark on a knowledgeable journey!

Jaskaran Singh Bhogal Kiran Kumar Co-founder & Executive Director

Co-founder & Executive Director

rofinch

Offering Intelligent Banking Solutions for a Better Tomorrow

Ashok Kumar Co-founder & Executive Director

We focus solely on banking and ď€ nance solutions to position ourselves as the trusted partners

Cover Story

B

anking and Finance sector is one of the pillars for the economy's development. This development is integrally linked to the country's development.

Today, digitization has engulfed the Banking and Finance sector, just like it has engulfed every other sector. It is necessary for the businesses in this space to adapt to the same and remain ahead of their peers. But then again, digital transformation for this sector is very complex.

Profinch Solutions Pvt. Ltd. is one such company that aims to reduce these complexities to enable successful and timely execution of transformation programs.

Profinch is an IT products and services company focused on banking and financial services. It provides solutions across core banking transformations, digital banking, banking analytics, and compliance regulatory services. Profinch is passionate about delivering solutions that provide high value and agility, and hence help build lasting relationships with customers.

At Pronch, we believe that building customer relationship is the key to success

The Trio Driving Profinch The roots of Profinch are its three co-founders Kiran Kumar, Jaskaran Singh Bhogal, and Ashok Kumar.

Kiran is a well-seasoned professional with the experience of more than two decades in the banking and financial services industry. He has worked with various organizations like Oracle Financial Services Software and i-exceed solutions for bfsi consulting and enterprise mobility. He has led and managed diverse teams in the software industry- including client management, delivery, implementation and supportspanning across all continents.

design, interfacing, migration and support. He has displayed dexterity in management of complex deployment projects involving multiple stakeholders, especially for Citibank, worldwide. At Profinch, he heads the Development, Implementation, Support, R&D, Finance, Admin, and the HR team.

Its other Executive Director, Jaskaran has over 24 years’ experience in a variety of industries. He has held leadership roles in consulting practice across the globe as an accomplished professional in end-to-end conceptualization of strategies and execution of projects towards fulfillment of the strategy. His earlier experience in a variety of industries enables the development of a holistic view of strategic tasks and goals.

Profinch has two lines of business- Consulting and Products.

The third pillar of Profinch, Ashok, has been involved in various roles in development of software, and implementation projects involving planning, analysis,

The Two Lines of Business

Being an Oracle Platinum Partner, the company does consult for Oracle Suite of Banking Applications. These include consulting of “FLEXCUBE” the world class core-banking solution from Oracle, digital banking solution “Oracle Banking Digital Experience (OBDX), Oracle Financial Services Analytical Application (OFSAA) and Oracle Revenue Management and Billing solution (ORMB). The company resells and implements Oracle

products that target the banking domain; both its domain cells, functional as well as technical.

Secondly, Profinch has also built two products around the banking sector- one for the digital side and the other for the data side of the industry. The intelligent product from Profinch, FinCluez, offers business apps that cater to all roles of Bank CxO to operational users and business users.

Where most of the other companies are focused on digitizing the customers, Profinch is digitizing the back-office staff as well. This platform works on a phone, a tab, or even a desktop and enables smooth workflow of entire banking operation.

On the data side, Profinch provides a huge product line for data lying in the banks, be it for core banking, cards, ATMs or any application. This data normally lies with the respective system, the data is collated into a single system

We strive to offer the best consulting services and products to our customers

and organized to make the further process smoother. To ease the workflow of an organization, Profinch offers a product named FinFlowz.

Outshining its Contemporaries Most of the team of Profinch, which comprises of 160+ professionals today, are from the Oracle background. The founders have more than a decade of Oracle Flexcube experience. Therefore, the company has an advantage as an Oracle partner with its deep domain knowledge and vast experience in the industry. Being agile helps Profinch to work without many constraints, enabling more innovation to generate a lot of prospects.

One of the main factors distinguishing Profinch from its peers is that the company has built tools, templates, and strategies to reduce large core banking transformations, this helps to reduce the timelines and generates accuracy. “That is why the customers are really fond of us now. We are delivery-based organization and not a sales-based organization. And we have been growing based on our credibility only. Over the period of four years now, we have over 42 customers and all of them are referenceable,” says Jaskaran.

An Indigenous Assistant to its Clients Along with assisting its clients incredibly, at some places Profinch has corrected its clients in a large way.

A large Bank in Mauritius has successfully implemented OFSAA with the help of Profinch and became preferred vendor for the bank. Today the bank has utilized most of the products and services from Profinch' s offerings.

A large bank from Ethiopia being one of prominent clients using legacy system was looking to migrate to FLEXCUBE, leveraging Profinch' s experience the bank went live with FLEXCUBE in less than 7 months, bank has over a million clients and 300 branches, Profinch was awarded by the bank for its impeccable work and reducing the timelines of delivery in a big way.

Recognitions and Accolades The firm has received several prestigious awards and felicitations throughout the years for its products as well as implementation. These include recognition as the top amongst 50 Best Asian Companies by a popular magazine and award for 1st at the top 10 at Technoviti event, India.

Alongside, the African Banking Summit has awarded it as an Emerging Implementation Partner in Africa.

Overcoming its Challenges Innovation is our driving fuel, we always think out of the box to predict future trends and requirements of the industry, this is what leads us to develop products and solutions that are future ready. adds Ashok.

Our credibility is built on quality

Consultation being one of its services, the company has started to productize the consulting and building the right tools. Along with that, it has started building products for the data side as well. Adopting all the emerging technologies has helped it to plug the holes and make automation even better.

Additionally, Profinch goes beyond the belief “Customers are always right” to “We ensure customers always gets it right”.

Converting Threats into Opportunities “Opportunity and threats both together for me is one wordGrowth. Growth comes from opportunities as well as threats,” says Kiran. The company foresees a lot of opportunities in the market for growth. It currently has offices and Bangalore, Dubai, and Singapore and has been migrating towards expansion. Since, Profinch has worked purely on quality and credibility and not just on getting orders and executives, it is on a journey where people see it as a value provider. With this goodwill and opportunities in three large markets- risk compliance and regulatory reporting, core banking transformation, and digitization of data- it is poised for tremendous growth.

Addressing its three major threats- compromise on quality, creating enough skills, and cash flows, Profinch has

beautifully converted them into opportunities. Quality is the company's forte; it has done tremendous automation to mitigate that. To create the skills, from day one it has invested heavily in hiring fresh talent and generate a training environment. Along with initiatives like Employee Recreation Room, the work environment itself is positive and ambitious. Profinch promotes fun and work and hence, all its employees are happy and are continuously developing their skills. Coming to the third issue of cash flow, till date, it has self-sustained itself and will grow in the future.

Roadmap Ahead Profinch has been growing at about 1.5 to 2x times and it plans to continue the same. However, there is the thirst for more; it wants to move up to 5 to 10x times, for which it continues to build products. In terms of market, the company is fairly in position in Africa and recently in Middle East. It plans to spread deep roots in Asia, this year.

After that, it intends to expand in South America and Europe.

Read it First

Subscribe today Yes I would like to subscribe to Insights Success Magazine.

Global Subscription Date :

Name : Address :

Telephone : Email :

City :

State :

Zip :

Country :

Cheque should be drawn in favour of : INSIGHTS SUCCESS MEDIA AND TECH PVT. LTD.

CORPORATE OFFICE Insights Success Media and Technology Pvt. Ltd. Off No. 513 & 510, 5th Flr, Rainbow Plaza, Shivar Chowk, Pimple Saudagar, Pune, Maharashtra 411017.

Phone - India: 020- 7410079881/ 82/ 83/ 84/ 85 USA: 302-319-9947 Email: info@insightssuccess.in

Company Name

Management

Brief

ABM Knowledgeware Limited abmindia.com

Prakash Rane Co-founder & Executive Director

ABM Knowledgeware Ltd is one of the few IT companies in India with exclusive focus on e-Governance since 1998

Arihant Adroit InfoSystems Private Limited aaisglobal.com

AMIT JAIN Director

Arihant Adroit InfoSystems is Oracle Gold Partner and is focused Oracle Enterprise Solution provider, delivering complete Oracle EBS, Siebel solutions.

BeyonData Solutions Private Limited beyondata.co.in

Dipesh Prajapati Managing Director

BeyonData is solely into it infrastructure administration services.

It understands the importance of your production system and business continuity.

Javed Tapia Founder & Managing Director

Clover Infotech, is an ISO/IEC 27001:2013 certified comprehensive IT services provider with presence in India, Singapore and the United States of America.

Globalminds Advisory Services Private Limited globalminds.co.in

Radhesh Soni Executive Director

GlobalMinds is a global pioneer in system integrations and application consulting in Oracle Enterprise Products.

Litmus7 Systems Consulting Pvt Ltd litmus7.com

Venu Gopalakrishnan CEO

Litmus7's RetailSingularity innovation centers bring together the best minds in marketing, product, technology and business to imagine and deliver revolutionary solutions to the industry’s toughest problems.

Profinch Solutions Private Limited profinch.com

Kiran Kumar Co-founder & Executive Director

Profinch is an IT products and services company focused on banking and financial services.

Sharda Tech Private Limited shardatech.org

Prashant Gupta CEO & Founder

ShardaTech is a leading technology and services company providing out-of-the-box business solutions.

Teknospire Software Services Private Limited teknospire.com

Vishal Gupta CEO

Teknospire is a technology company focused on Fin-Tech platforms with an active presence in an emerging market.

Trempplin Centre of Excellence (TCoE) trempplin.com

Kalmesh Kallur Co-founder & Managing Director

Trempplin is a software developer & training institute in Bangalore

Clover Infotech Private Limited cloverinfotech.com

Genius’ Guide

C

loud is no more the buzzword, rather it is slowly getting into the horizon of being ubiquitous just like the word technology! Today’s business executives have taken charge using “Cloud” technology as a catalyst to meet up with their business needs. Cloud ERP has been one of the most revolutionary pivots on which business has been transformed and Oracle NetSuite has been rated as the #1 Cloud ERP by leading analyst firms. By leveraging Cloud’s on demand infrastructure, elasticity to meet with varied demands, support and administer varied parts of the operations the organization has been able to boost productive, stretch their budgets and in the same context stay nimble. Based on our decade plus experience working with global business executives using Cloud ERP, please find enclosed the key aspects to consider to make a Cloud ERP Implementation project successful:Best Practices to follow before implementing a cloudbased ERP system:

• Choose the Right Consultant for your Implementation The most important decision you will make is to choose the right consultant organization to implement your ERP project. It is important to understand and evaluate them on their core values, industry domains they have worked, longetivity and breadth of their project experience, crisis management strategy and their ownership for the success of the project.

• Evaluate your implementation team’s methodology A thoughtful implementation approach is critical for the Cloud ERP success and it's important to fully vet if they will use a guided implementation approach or a full service one. For example, do they plan to spend time understanding your existing business processes?

Will the implementation be tailored to your specific business needs? Are you being assigned to one subject matter expert or will you have a full team supporting you?

• Buy in from the management and their involvement Always seek visible and demonstrated buy-in support from the CXO level to make the transition easier and faster. This is essential for the stages before, during and after implementation of the cloud ERP solution.

The greater the involvement in all stages of ERP adoption: from consideration to purchase to implementation, the greater are the chances of business success. It will ensure there are fewer bottlenecks and arguments down the road.

16

Best Practices to ensure a successful ERP implementation: • Understanding Needs vis a vis solution capability A mismatch between needs and solution capability could be costly and cause irreparable damage to your business that you may find difficult to recover from.

An assessment of needs and evaluation of new ERP system capabilities is a must to avoid the mismatch.

October 2018|

ABOUT THE AUTHOR Biswas Nair is the Founder and Managing Director of Inspirria Cloudtech Pvt. Ltd. He has completed his Electronics Engineering from Nagpur University and MBA from Pune University. He has been one of the pioneers in Cloud based enterprise applications in India & Middle East. His passion of introducing path breaking and innovative technology solutions for the Indian enterprises motivated him to establish Inspirria Cloudtech.

Today, Biswas is spearheading the vision to make Inspirria Cloudtech a leading Cloud Aggregator organisation. His other passion in life is penning Urdu Poetry and he is an ardent lover of the Urdu language.

October 2018|

Biswas Nair Founder & Managing Director

17

• Resource Realignment When an ERP system is implemented, you may discover that certain tasks are not required while new roles may be created. We may need to reallocate resources and skills after a cloud ERP implementation.

• Maintain Control Your ERP implementation project should somewhat depend on schedules and timelines. This way, it is much easier to track your progress and adjust accordingly. Determine benchmarks that define success or failure, it’s unrealistic to expect any software implementation to proceed perfectly. However, that doesn’t mean you should ignore the scope or scale of mistakes and setbacks. Is there a good project plan with identified stages and a regular schedule of collaborative calls with all the team members involved?

• Dry runs before going live After the system is configured and ready for use, do a series of dry runs before you actually go live. This may help you locate bottlenecks/glitches in the new system and some issues too that may have been missed.

• Build Awareness Introduce your employees and help them understand the software in the best manner possible. Using videos to build awareness is a good way to consume content and refer to it.

• Migration Data from your previous solution would be required in your new ERP system. Ease of migration should be a key feature for the new cloud ERP solution. The solution vendor should provide a seamless migration to the new solution.

• Seeking perfection may be a barrier While you should expect a glitch free solution, complete perfection could be a pipe dream. The quality of dedicated support by the solution provider is a key criterion for selection of the solution. Checking with customer references in a similar business domain is a good way to find out the quality of support.

In summary, Cloud ERP flexibility can be a good thing as your business evolves and your needs change. But it can become a liability when it comes time to standardize operations or enforce standard business operations across global business processes. Be sure to limit customization and integration to legacy systems to situations that require it. Cloud ERP implementation success isn’t something that should be left to chance. Your odds of success increase dramatically by simply adopting these and other implementation best practices.

18

October 2018|

ABM Knowledgeware Limited Digital Government that Works he Information Technology industry in India has played a key role in putting India on the global map. IT industry has been one of the most significant growth contributors for Indian economy. It has played a significant role in transforming India’s image from a slow moving bureaucratic economy to a land of innovative entrepreneurs and a global player in providing world class technology solutions and business services. It has helped India transform from a rural and agriculturebased economy to a knowledge based economy.

T

company led to the trend-setting contract for Automation of Citizen Services in 1998; which was the vital moment for the company, ‘ABM Knowledgeware’ Since then there has been no looking back and as of now ABM has the unique distinction of most number of State wide projects in eMunicipality in India, Smart governance services delivery in 23 States of India and moreover, there is a 8 fold increase in citizen services delivered in last 8 years. His contribution towards the company has been of great value to the citizens of India.

ABM Knowledgeware Ltd. (ABM), the IT Company listed on Bombay Stock Exchange, is one of the few IT companies in India with 20 years long exclusive focus on E-governance and undisputed leadership in E-Municipality in India. ABM’s e-Governance Solutions are currently delivering more than 3 Crores G2C and G2B services yearly as on 2017-18 which has grown 8 fold in past 8 years.

Flagship Product of the Smart Government

A Persistent Leader of the Organization Prakash Rane is the Founder & Managing Director of ABM Knowledgeware. Rane made his foray into Information Technology and pioneered his career by providing IT hardware and networking solutions to Government customers. While he was intensely involved in this business, he felt the need for competent E-government Solution Providers to Government customers. By the late 90s, he realized that an investment in e-governance could actually make a qualitative difference in citizen services or improve the efficiency of their functioning. He initiated this concept with two Government projects by subsiding it on him and left it for the government customers to pay only if it worked.

Outshining amongst many of its innovative projects, ABM highlights a project, which was about improving citizen services by blending ICT and Administrative Reforms in a Collectorate and other was automating functioning of a Government department in the Secretariat. The Collectorate electronic services delivery project became a benchmark in the state and was noticed by the ecosystem. The success was overwhelming and his contribution towards the

20

E-Municipality solution (MAINet® 2.0) is a flagship ABM product. It is an integrated enterprise e-Municipality solution deployed and running over more than 500 e-Municipalities in India.

Some of the key offerings by ABM are e-Municipality Solution, SAP Practices, Tourism Portal, Cyber security solution, Smart City Solution, Automated Building Approval System, Web Portal Development under NICSI Empanelment, Tax Reforms Solutions, Mobile Applications, ERP for Government and Accrual base Double Entry Accounting Solutions.

ABM has maintained its exclusivity for being totally dedicated for e-governance sector. ABM has been working full-fledged in this sector for more than 20 years. Starting from its flagship product and ending towards its various offerings in today’s time is all into service of making the nation digitized or in simpler words ‘Smart Government’.

A Team of Stalwarts ABM possesses a team of committed IT professionals of which large numbers of employees are certified on different skills to implement e-governance effectively. The project manager possesses vast experience in the e-Governance sphere, domain knowledge in citizen services delivery and the intellect to operate projects of big magnitude.

ABM Knowledgeware has been the first choice by the major states of India for e-Municipality & e-Governance solutions. Some of the key differentiators for ABM are: October 2018|

• Unique distinction of most number of State-wide projects in e-Municipality in India.

• Services delivery in 23 states of India (Central & State Government Projects) • Digital Governance services to 1000+Urban Local bodies in India.

• ABM is a unique blend of technical skills and deep knowledge of Government domain.

• ABM is a SEI CMMI Level 3, ISO 27001: 2013, ISO 9001: 2015 and ISO 20000-1:2011 company.

Hassle-free Work Environment

Progressing Forward with a Positive Outlook The company plans to expand the e-Municipality business which includes longterm relationships with customers. By giving increasingly better quality of service and retaining the patronage of these important customers ABM is adding more states as customers. The organization is blending technology with more reforms, maintaining proper processes and a sound value system to address various challenges which will be encountered in the urban sector reforms.

ABM evaluates the emerging technologies for its fitment to its solutions and client’s need in an ongoing manner and takes pragmatic decisions of incorporating the same from time to time. Thus, it keeps enhancing its existing key offerings. As ABM has a number of ambitious propositions under its wing, it endeavors to enhance pre-existing offerings with regular upgrades on their technology. The organization is focusing now on the new segments like Cyber Security, smart water management solution, integrated building plan approval system, etc.

October 2018|

Prakash Rane Founding & Managing Director

“

We strive to provide best-in-class e-Governance solutions to not just meet, but exceed our client’s expectations

“

ABM strongly believes that company’s overall development is directly linked to its Employees Development. Therefore, the organization takes different steps for overall development of employee which eventually creates the healthy environment to work and grow: • Promoting a healthy workplace culture.

• Identifying and bridging the gap through Quarterly reviews between mentor & mentees • Trainings to the identified employees to enhance their skills.

• Engaging the employees on the quarterly & a biweekly basis in activities like Happy Hour, Fun day contest and so on.

• Rewards & Recognition - Appreciating the employees’ contribution on a timely basis in various ways by sending appreciation letter to the employee’s family member, appreciating them during various occasions like happy hours, annual Event, etc.

21

Distributed Ledger

Bringing

Bckcin to Business with

Oc I

ndustry and business, in order to grow, must accept and acknowledge the changes. Every new technology, innovation and rules and regulations have an impact on the way business is done. Today’s digital world is capricious and businesses need to upgrade themselves as quickly as possible.

Oracle has been helping businesses adapt to the latest technology for years now. Its products and services are known to be robust, easy-to-handle and a facilitator to bridge the gap between technology and businesses. It was no surprise that Oracle decided to decode and ease blockchain for business use.

Building Blocks

Anyone who is tuned to news must have heard about blockchain technology or more precisely Bitcoin. Bitcoin is, by far, the most noticeable example of the blockchain technology.

So what is a blockchain? It is a growing chain of blocks of data

22

October 2018|

October 2018|

23

or records which are called blocks and are linked to each other securely using cryptography. The blocks are unique and by design, are resistant to changes. Each block consists of a cryptic hash or code to the previous link, a timestamp and transaction data. This secure chain can be easily distributed among authorized participants. It helps to establish a single, distributed source of truth for participating organizations that might not fully trust or even be aware of each other. Blockchain mitigates the use of third-party intermediaries for financial transactions thus minimizing cost and delays. Manual, error-prone processes and information redundancy is also eliminated.

While banking transactions have found their way to use blockchain by using Bitcoin and Ethereum as a cryptocurrency, the uses of this technology are many. These new Digital Coins can be used across the globe no matter what a person’s nationality is. The Real Estate Industry can use blockchain to record and store the land transactions and cut down significantly on the paperwork. The healthcare industry can benefit by maintaining medical records of patients and tracing the medicines and the way they took from manufacturer to the retailer. In the Voting process it will be easier to track genuine voters and count only valid votes. Other industries too are bound to benefit from the features of blockchain technology.

Oracle for Everyone’s Business Building blockchain networks, however beneficial, can be an uphill task for an organization. Oracle simplifies the process by providing Blockchain as a Service (BaaS) with its Oracle Blockchain Cloud Services (OBCS). OBCS is an Oracle managed cloud platform that lets businesses implement blockchain into their networks and organizations without really getting into the nitty-gritty of it. It is built upon The Linux Foundation’s ‘Hyperledger Fabric’ which renders it open-sourced making distributed ledger solutions and interoperability with non-Oracle entities viable. It is preassembled and includes all components like infrastructure dependencies, lifecycle management, event services, identity management, REST proxy, operations and monitoring tools under a single console. Businesses benefit from the plugand-play integration with Oracle SaaS, on-premises applications, API management, and third-party application development environments and tools. Oracle completely manages the OBCS to provide businesses with high availability configuration, autonomous recovery agents, continuous ledger backup capabilities and multi-datacenter disaster recovery.

Being an autonomous system, the OBCS is self-driving, self-securing and self-repairing. Oracle is also developing new SaaS applications in order to implement blockchain technology for common use cases, such as tracking, provenance identification, and cold chain. The experts at Oracle also help in implementation and integration, prototype and bootstrap customer projects and design and implementation.

Using Oracle’s platform, an enterprise can enhance its business and exclude unnecessary processes. The transaction with distributed networks becomes more easy, transparent and secure. Audits become much easy, trustworthy and professional reducing audit costs and human errors. It will help in improving transparency across the enterprises’ IT ecosystem. Existing system processes can easily be upgraded and made faster and better. Frauds can be easily detected and in time thus reducing the cost involved. The risk of a single point of failure can be effectively reduced.

Blockchain, a new and emerging technology is set to impact all industries. The world is recognizing the inherent value of distributed ledgers and smart contracts. It can make interactions more secure, transparent, efficient and cost-effective. The enterprises that are willing to transform and embrace the new technology can rely on Oracle to provide them with the required ingredient in form of Oracle Blockchain Cloud Services.

24

October 2018|

SHARDATECH Paving a Pathway that Leads to Innovation

R

eaching the line of success after establishing a business is not an easy task. All the organizations are grappling to be better tomorrow than they are today. The main concerns in this process are to increase the sales and increase the team productivity. This is where ERP systems come to aid. With rapidly advancing technology, staying at pace with it is another major challenge.

ShardaTech, a leading technology and services company, is one of the prominent partners for organizations that help them to transform their businesses and enable further growth. Established in Greater Noida, the company offers a comprehensive portfolio of providing world-class services and solutions in ERP and Digital Marketing. The preeminent goal of the organization is to revolutionize the education industry. Today, it has extended its services to healthcare, finance, and other business sectors as well.

ShardaTech envisions to raise the bar for service delivery and to provide the best value in knowledge-based sectors through innovation, drive, and commitment. Its team of highly-qualified, motivated, and energetic individuals aims to add value to modern-day institutes, universities, and businesses by ensuring that every idea, every project, and every proposed method is put under thorough testing and is reviewed before implementation.

The Luminary Leading ShardaTech Prashant Gupta is the Founder and CEO of ShardaTech.

He brings with him a relentless drive for innovation and a passion for digitalized education. After completing his degree in Management from Nottingham Business School, he took over his responsibilities as the Executive Director of Sharda University in the beginning of the year 2012. He established ShardaTech in 2016 with a vision of providing cutting-edge technological solutions not only in India but around the globe. Prashant is always on a lookout to find out new trends and future technological solutions for the society and is an active supporter of the notion- “Digital India”. “I see technology as the main driver for economic progress and social benefit. It is an enabler to achieve the broader vision of ensuring basic human rights to every citizen like first-class education, healthcare, and a better quality of life,” says Prashant. He has won many

26

prestigious awards through the years, one of the most recent and eminent one being “40 Most Influential Asians Under 40” by a renowned magazine.

Ingenious Products and Services ShardaTech provides ERP and digital marketing services to its clients in order to empower them to produce maximum results. It specializes in digital marketing services giving online visibility to its customers’ businesses via social media marketing, search engine marketing, SEO, content marketing, and other traction-inducing strategies.

ShardaTech helps organizations in maximizing profit and exponentially growing their businesses. Alongside, through Oracle PeopleSoft Business Solutions, the company offers services like IT & Business Consulting, Implementation, Upgradation, and Support. Its products include Technical and Functional Consulting, Web and Mobile App development, Software and Business solutions. The organization delivers high quality, out-of-the-box solutions augmenting customers' businesses along with providing them a competitive advantage over other players in the market.

“Our customer centric solutions shape the relationship that we have with our clients. We find it imperative to pair the right talents with our clients, every time, because quality work isn’t just derived by skill but by the will and ability of everyone to work well together,” asserts Prashant.

A “Clients First” Company Talking about the company’s customer-centricity, the CEO asserts, “It is the mantra that good business means always putting the needs of your client above your own and combining this with an unrelenting focus, we have always been able to exceed expectations”.

ShardaTech’s mission is to ensure purpose fulfillment of its clients by understanding, effective collaboration, and supreme business ethics. At ShardaTech, they intensely follow the policy of balancing stability and innovation. The point of view of their clients matters the most to the company. The firm is quick to respond to every concern that

October 2018|

its customers have and ensures the confidentiality of work.

Experts at ShardaTech don’t refrain themselves from providing their honest opinions to the customers regarding their current business plans and suggesting changes that can help them improve. The company supports businesses right from the beginning till the completion of the project and does a regular evaluation and changes in the business plan to keep up with the changing market environment in the long-term. It strives to establish long-lasting relationships and exceed the expectations of its clients with every project.

A Dynamic Work Environment

Future Endeavors ShardaTech has now embarked on an exciting journey to build some highly innovative solutions on mobile and AI platform which will help to address the challenges of higher education, healthcare, and other business sectors in the future efficiently. It aspires to build an end-to-end product for its clients that is assisted by AI and is driven by analytics. The company wants to take an active part in revolutionizing the industry by developing cutting-edge products taking future trends and changing consumer behaviors into consideration. “We believe that big challenges call for earnest conviction, and that’s what ShardaTech strives to achieve,” says the CEO.

October 2018|

Mr. Prashant Gupta CEO & founder

“

We are on a mission to provide the best Quality, Value, and Services to meet

“

Establishing a high level of integrity and respect, along with a fun work environment, substantial opportunities to learn and staying engaged; organizing fun activities for the team and nurturing their talent has contributed to ShardaTech’s happy and productive work environment. It provides extensive educational opportunities to its employees so that they can upgrade their knowledge and advance their careers. The company fosters a ‘lead by example’ environment that supports mutual trust, transparency, and full disclosure. These core values are the guiding force backing all of its initiatives. “With a will to win, we respect the suggestions and opinions of our client and our employees,” the management says.

our customers’ business goals

27

DigiTrend

Rise of CLOUD AND BIG DATA

and its Effect on the INDUSTRY C

loud computing is not a new technology in the computing world. In fact, it is just the refined form of virtualization, effectively redefining the process of provisioning and sharing resources across multiple systems. Cloud computing has its roots originating as early as 1950's, when IBM mainframe systems provided shared resources across multiple users.

Conceptually, the possibility of sharing the computing resources such as memory, storage, and processing power across multiple systems gave birth to what is known as 'Virtualization'; wherein, each virtualized system would be provisioned with its own virtual computing resources. Cloud computing has given a new dimension to the virtualization by extending its limits and unleashing the true potential of resource sharing, ondemand.

Being offered as a metered subscription, cloud computing caters highly available “Software as-aService”, “Platform as-a-Service”, and “Infrastructure as-a-Service”, making it affordable and commonly available to the public. This public cloud computing is highly scalable and less expensive, compared to the traditional, on-premise IT infrastructure. The subscriber

28

has the freedom to choose his desired platform/service to host both, fulltime and production-ready application services as well as development environment for a limited period.

Public cloud platform is growing rapidly and so is its adoption. Initiated by enterprises as a pilot project, cloud platform is being adopted by companies of all sizes including the startups. The rapid adoption of the cloud computing has opened-up huge business prospects for the cloud service providers. The organizations no longer need to invest heavily on the IT infrastructure for the development and testing. In terms of financial investments, the cloud platform has ensured the safe and seamless migration to OP-EX model. There has been a steep reduction in Capex model and every organization is looking for a cloud solution nowadays.

Bringing down the cost of acquisition and the management of IT infrastructure, cloud platform has definitely made a remarkable change in IT-Budget of the enterprises. This in-turn will result in higher adoption and consumption of the cloud services, leading the bigger players of cloud.

October 2018|

About the Author

Amarnath Shetty

October 2018|

Amarnath Shetty is a computer science graduate (B.E.) with 28 years of diverse experience in Business Management, Sales, Marketing, People Management, Finance Management, and Social Work. He is an energetic, targetoriented enthusiast and a leader with high integrity and the ability to envision, plan, and create successful outcomes in complex marker scenarios. Amarnath founded LDS Infotech Pvt. Ltd. 19 years back with a vision to make it the Top 50 IT Products & Services Company in India.

He is a perfectionist by habit and an accomplished resultdriven professional, who is passionate about people's growth and customer's success. He also enjoys being a mentor and motivator to his team. He believes that “If you manage your people, business gets managed automatically.�

Amarnath is an innovator, trend setter, and a seasoned entrepreneur with a track record of continuous success that he achieves with a perfect blend of strategic planning, aggressive implementation, and successful operation.

29

TEKNOSPIRE Connecting FinTech Technologies for Better Living

T

he growing demand for cloud computing and need for uninterrupted banking and payments services have forced the financial institutions to look at innovative solutions. Consequently, data-driven approach has become the key to business growth. More and more businesses are engaging in data mining and hence, it is important for technology providers to offer solutions that are ready for the future. Teknospire, a FinTech business company is leading in similar way, which delivers “BaaS” Banking as a Service platform –over the cloud infrastructure. It focuses on FinTech platforms with an active presence in emerging markets. As the name of the company suggests, everything it creates is inspired by technological innovation.

Meet the Entrepreneur Vishal Gupta as the CEO leads the financial inclusion strategy of the company along with the core team, delivering together a solution that is most relevant and required by the financial institutions and population in the last mile. According to him, the only way to enable the digitization for over two billion people globally is to obtain a holistic banking payments solution to the financial institutions, who serve that market.

After realizing the fact that almost fifty percent of Indian population is still unbanked and the lack of transparency, Vishal came up with an idea to have a banking solution with features like mobile compatibility and offline data access for last mile. The solution should be lightweight, easy to use and should be compatible with any handset.

Finally, Teknospire was born with the idea planted firmly in the ground to enable banking as the fundamental.

The Flagship Product The only way for financial institutions to evolve digitally would be to adopt “Digital Banking Platform” in a box and the company’s flagship product “FinX” address all the digital banking hindrances. “FinX”-cloud ready- is the digital banking platform in a box, which ensures that these financial institutions can gain on digital growth quickly with capital, resources, and integrations dependencies.

30

FinX integrates with the CBS/ESB of all the sponsor banks via open APIs based interfaces, for smaller banks to carry out the micro-payments in the semi-urban and rural areas where setting up branches and executing banking operations are CAPEX intensive. The smaller FIs can enjoy their brand equity in their respective markets while riding over the core connectivity engines through sponsor banks.

“FinX” has the modular, cloud-ready, open APIs enabled platforms, which offer services such as; Lean Banking, Mobile Banking; Digital Wallet Services Suite, MicroPayments switch, Digital Cash Management, and cash collections platform, BI and Analytics Engine, Reporting and Reconciliation platform, Merchant Payments platform, and much more.

Solving Financial Quandaries Financial inclusion along with the digitization of transaction set at last mile has been a challenge for the financial institutions over the past few decades. There are various reasons behind the lack of digitization at the last mile.

-The mid-size financial institutions serve the last mile, which includes corporation banks, RRBs, DCCBs, Agri Banks, MFIs etc. These institutions have been trying to replicate similar technology stack as of the bigger banks working with CBS vendors, ESB vendors, merchant payments platforms, and agency banking platforms from multiple vendors.

-The lack of technical resources to support multiple technologies and understanding the integration and support structures presents a major challenge.

-The lack of capital to be able to procure the minimum set of institutional platforms towards the digital transformation can halt companies in digitizing process.

Packing all of this in a “Baas” offers the banks to reach to remote areas very quickly and build new consumers and revenue streams.

October 2018|

Fluid Environment The company states, “Sharp minds work the best when they are let free and that has been the strategy for us, which has worked amazingly well. We follow a flat organization structure, open seating with open discussions policy. It’s a small family and friends working together”. The firm celebrates every single milestone and believes that it helps in keeping the employee spirits up. One measures employee development at Teknospire largely with cross-functional accountability and ownership.

Global Presence With the mission to enable banking for every individual, Vishal and his team have expanded their reach to other countries like Mozambique, Zambia, Nepal, Bangladesh, and Zimbabwe. The firm is on a mission to build and deliver the right technology, and keep it rolling with its partner banks for the masses. Teknospire has made an impact with quick adoption of the flagship banking platform “FinX” across four countries and had completed over twenty million transactions towards digitization.

Future Aid Teknospire wants to stay as a global technology provider and wants to support thousands of financial institutions and SMEs. It will continue to build use cases for the various transactions. It will improve its integration with APIs that will allow multiple participants, including producers and consumers, to connect and interact with each other, and create value beneficial to all stakeholders. Through API integration, the firm will establish consistency in common operations such as authentication, authorization, data models and entitlement.

October 2018|

Vishal Gupta CEO

“

We enable Financial Inclusion for every individual, while they come together to build

“

In terms of benefits gained by the client, Teknospire has made choices on databases such that, all the transactional data uses the relational properties of a DB while the nonrelational and big-data properties allow the firm to build the analytics layers on it with specific data structures. This has really helped the company in churning the relevant offerings for its clients.

cashless societies

31

Expert’s Viewpoint

SUNNY DAYS FOR

ENTERPRISE SOFTWARE PRODUCTS DEVELOPED IN INDIA

E

nterprises welcome software solutions from Indian vendors, finally. It has been a very interesting, and mixed at best, three-decade journey for software product developers within India. It is my endeavor to outline this journey.

Year 1988: I was interacting with a reputed engineering company, helping them decide on project management software. A well-known international magazine had reviewed and published an article on project management software. I was pleasantly surprised to find “INSTAPLAN” in this list, a project management software product from India. In 1989, when I started my business, one of the first products I signed up for was developed in Goa, a product that generated code for xbase development platform, named AUTOCODE. Soon after, I signed up for my first security software product, PROTECTOR PLUS, developed in Bangalore.

None of these products survive today. While I have mentioned only three products, there were many other Indian software products, particularly in the domains of Security and Business Applications.

The size of Indian software industry was quite miniscule in those days. Logically, then, the Indian software product developers should have thrived and multiplied over these three decades with growth in economy. But that did not happen. It would be beyond the scope of this article to delve deep into the reasons. But briefly, the main reasons could be attributed to (a) inability of Indian software vendors to keep pace with technology changes; (b) massive onslaught of international products due to opening up of the economy and reduced import duties and local taxes; (c) huge mismatch in financial investments in marketing and distribution between Indian and international vendors; and (d) clear preference by overwhelming number of Enterprise IT

34

decision makers for international products vis-à-vis Indian products.

From the late nineties to the first decade of this century, the industry came to be dominated completely by International products, be it the infrastructure space, or the business applications space. Only a few Indian software / IT product companies grew, mainly in the business applications space (Accounting, ERP, CRM and such), and a few in enterprise security space. In the face of such an environment, a few dared to invest in new software products. Fortunately, one of the key requirements, finance, was now more easily available to such bright start-ups, thanks to the venture capitalists.

Good news. We now have several products providing solutions for IT infrastructure management, security and business applications. Many of these IT solutions are maturing to a stage where they are confidently competing with international brands, not only in India, but also internationally.

Better news. Indian CXOs and CIOs are now way more open to solutions bred in India. While many CIOs even today look for international endorsements (such as Gartner report), many are also more confident of Indian vendors, trusting their internal evaluation processes.

One such area where I have seen many products doing impressive amount of work is infrastructure and application monitoring. Even five years back, you would have hardly found any mature product developed in India for network monitoring, application monitoring, asset management and helpdesk. Today, there are several products, with a good number of customers under their belt. They are giving a run for money to the well-established and expensive international brands.

October 2018|

In a recent case, an enterprise customer replaced an international product they were using (one of the top products as per Gartner’s report) for network monitoring, with a product developed in India. The customer saw three clear advantages:

ABOUT THE AUTHOR

• Product Roadmap: The customer could get much better understanding of product roadmap and could also discuss wish list. This was pleasantly different from their earlier interactions with representatives of international brands, where the main interaction was about transaction.

• RoI: The Indian products are with a new approach, entirely created by one team, with a modern interface.

The international brands have mostly grown through acquisition route. As a result, many of their solutions are piecemeal, requiring procurement of multiple modules which are often not well integrated in a single console. Lack of integration implies loss of co-relation.

International products are also more expensive in most cases. Better pricing, lower cost of administration and better services give a far higher Return on Investments.

• Ease of doing business: The Indian vendors have simpler pricing policies and support escalation is right here in India. Prices do not fluctuate based on exchange rate, and at times vendors show greater commercial flexibility. This helps enterprise customers procure Indian products with greater ease.

Similarly, I have seen products developed in India for asset management, helpdesk, application monitoring, log analysis, ERP, CRM, network security and many such solution areas succeed in competing against international brands. Many are stepping out of India to make their presence felt globally. I hope more Indian CXOs and CIOs will look to Indian IT vendors with greater openness and trust, and help our brands win in India and abroad. It is also my firm belief that we will see multifold IT products launched from India in coming years, thanks to the success of the current bunch. That is a bright future for India and Indians.

October 2018|

Biren Shah Managing Director

Biren Shah is the Managing Director of Adit Microsys Pvt. Ltd. and Mehl Mastee Events Pvt. Ltd. He is an entrepreneur with experience of over three decades. He holds BE (Hons) from BITS, Pilani and has completed his PG Diploma in Industrial Engineering from NITIE and MBA, Case Western Reserve University, USA. He has a demonstrated history of working in the information technology and services industry.

35

Tech Camouflage

DEVELOPING AN ADAPTIVE

INTELLIGENCE PROCESS IN ORACLE

CLOUD 36

October 2018|

S

ince last decade, there has been a large growth in the machine learning and predictive analysis. This proliferation has accommodated other data science related solutions with it. Such technologies are used to create various new predictive models and decision management solutions. These tools can also be used to get valuable information by obtaining a deeper understanding of the data and such insights can be used to get ahead of the competition.

Every day the World Wide Web shows us the new pages, guides, and provides information on how organizations can discover new patterns in their data. By using this data, they can understand and interact with the customers in new ways. With the advent of such technologies, ďŹ rms now have the ability to manage data science process and lifecycle which are becoming more important and more complex.

Companies turn their focus on an automated or semiautomated manner in such scenarios because it takes too much time in running scripts and performing simple tasks.

Corporations can spend on new application areas as per their relevant requirement. Automation of data science can help corporations in freeing up their workforce in performing mundane and repetitive tasks. They can concentrate on delivering data science solutions in the new areas of the business. This automation of data science is called adaptive intelligence. Adaptive intelligence involves building, processing, and infrastructure applications to the continuous monitoring, building, and development of the machine learning models. It also involves monitoring the eectiveness of these machine learning models in an automated network.

Adaptive Intelligence It is the next layer which is deployed by the organizations after the machine learning and advanced analytics is deployed. With each deployment of machine learning, advanced analytics, and additional models, more information is being generated, and hence the additional requirement of monitoring. This generated data might need to be gathered, assessed, and monitored.

Organizations struggle to ďŹ nd new methods for gathering and monitoring data which is created, all the while saving time working on advanced analysis and machine learning.

As the traditional processes become iterative thus, regular data basis is required to determine if the machine learning models need to be updated alongside the nature of data of

October 2018|

37

each of the application area. Adaptive intelligent solutions can automate the process of monitoring the deployed advanced analytics and machine learning and monitoring produced data to accomplish the following:

stored. It also allows the storage of historical and transient data, necessary to monitor and update the machine learning models. Furthermore, it can be used for repository components of the overall solutions.

• Self-learning models • Self-determining, tuning and parameters • Evaluation of new models to be adopted • Deploying new models with relevancy to infrastructure • Determining data between data and model behavior • Updating dashboards with changes in data and models

Oracle Cloud Applications with Adaptive Intelligence Machine learning and advanced analytics have been around for decades and so has the implementation of adaptive intelligence solutions. Some organizations are yet to see it in the distant future; however, such examples are common today. Following are the Oracle applications that have adaptive intelligence solution built into them, and also in the Oracle Cloud.

• Oracle Customer Experience Cloud (Oracle CX Cloud) • Oracle Supply Chain Management Cloud (Oracle SCM Cloud) • Oracle Enterprise Resource Planning Cloud (Oracle ERP Cloud) • Oracle Human Capital Management Cloud (Oracle HCM Cloud) • Oracle Internet of Things Cloud ServiceOracle Student Cloud • Oracle Revenue Management Cloud • Oracle Engagement Cloud • Oracle Financial Consolidation and Close Cloud Service • Oracle Enterprise Performance Management Cloud (Oracle EPM Cloud)

Organizations that seem to embark on building the automated adaptive intelligence are seen to have large savings. The first advantage is to the data science team as it frees them from mundane tasks and rerunning the various tasks in building models and verifying the changes of machine learning models. Consequently, they can focus on the business problems and various other data methods used in other areas of the organization with an aim of increasing the business value.

The second advantage is with the automated process that identifies new ways of deploying machine learning methods. Quicker the models are deployed, sooner limitations can be detected, sooner the money will be saved, and sooner additional income generated.

Building Adaptive Intelligence Solution in Oracle Cloud Most of the organizations can build this solution in the inhouse premise infrastructure. It is possible for one or small numbers of data services. As the numbers of machine learning solutions increases, the number of complexity of data sources increases as well, organizations rely on a different number of cloud-based solutions that work together to obtain the results they need. This cloud scalability makes adaptive intelligent solution one of the next technology waves in the area of data science.

Oracle provides organizations with a large suite of platform-as-a-service (Paas). Currently, Oracle provides services in Data Management, Management, Security, Application Development, Content & experience, and integration of Business Analytics.

Oracle’s Big Data Cloud Service offers an ideal solution for the data lake part of adaptive intelligent services. It allows necessary data gathered from across the enterprise to be

38

Many of these Oracle Cloud applications use data from Oracle Data Cloud to supplement the data collected and generated within the applications. The advantages that these offer over similar solutions are custom-development and its availability from various alternative suppliers.

Adaptive Intelligence is the part of next wave of solutions for the data science. The primary aim is to build the ALS is to automate the process of building, deploying the advanced analytics, and machine learning models in an organization.

The automated process allows data scientist to concentrate on the newer application, ignoring routine and repetitive processes. The range of cloud services available from Oracle allows organizations to build components of ALS using cloud services that suit best to their needs. As time will progress, other cloud services can be included and constantly evolve and efficiently update the machine learning models. The less time these models use, quicker the organizations will be in reducing costs and generating additional costs savings.

October 2018|

TREMPPLIN Creating Possibilities with Innovation and Excellence

A

successful company employs innovative strategies and out-of-the-box solutions towards achieving the desired goals. It employs state-of-the-art technology, research oriented procedures, and novel methods. Such companies not only work for personal benefits, but also look after the growth and development of the employees, the society, and the environment at large.

One such global leader in technology consulting and software services is Trempplin. It is a software development, consulting, and training house based in Bangalore, India. Leveraging its cutting edge infrastructure and highly skilled team members, the company is able to deliver quality software products for the business and provide consulting services. The significant overlap of ever changing technology and its leverage for banking products and services has been the prime motivator for the organization to create possibilities for the clients and the end customers. At the same time, it trains students aspiring to build a career in the Information Technology arena.

Embracing Technological Innovations Trempplin Centre of Excellence (TCoE) is an Oracle silver partner fully specialized in all financial solutions and banking. Founded on April 24, 2016, the company’s programs are designed to help people advance in their career and be the achiever. It has been providing their services in more than 10 countries globally.

Trempplin’s specialized domain expertise is combined with proven implementation framework and a wide range of flexible delivery options. Its aim to implement Core Banking, Internet Banking, and Mobile Banking Solutions, have enabled TCoE clients achieve significant milestones.

This is achieved through its experience of implementing these solutions in multiple geographies across banks of varying sizes and implementation complexities.

The company has been consistently delivering services and building long lasting relationships with customers and partners in their domain. It has always believed that its team and the team’s experience is the key differentiator with strong technical capability in developing interfaces, reports,

40

and custom built solutions. Trempplin is an independent vendor with End-to-End Oracle FLEXCUBE implementations. Creating possibilities is what it does continuously as this is an integral part of its culture. The company is now pushing boundaries in the technology product Microflex, a path breaking web-based application targeted towards Banks and Financial Institutions (FIs) in emerging market economies.

About the Leader Kalmesh Kallur is the Co-founder and Managing Director of Trempplin.

A techno-functional expert, Kalmesh has built his career in banking technology with significant experience in Oracle’s FLEXCUBE core banking system, and Oracle’s SQL and PL/SQL technology.

He enjoys debugging and problem solving as much as a hobby and is well conversant with software development life cycle giving him an edge in software project management.

Kalmesh has led development and support projects in banks across 10 countries. He is a professional in the field of project management & have the responsibility of the planning, procurement and execution of a project, in any undertaking that has a defined scope, defined start and a finish.

Customer-Oriented Products and Services The company provides a wide range of products and services to the clients. Its diverse array of services includes Banking, Flexcube, Optimization (Issues Identification and Solving Issues), Version Upgrade (System New Requirements, Live, and Support), Business Intelligence, Anti Money Laundering, and Consulting. It also offers customized software development services including ERP Development, Websites Development, HRMS Application, Leave/Attendance Management System, School/ College Management System, Technical Training, and so on.

October 2018|

Trempplin also provides a wide variety of products including Microflex, which is networking of branches, which enables customers to operate their accounts and avail Micro financing services from any branch of the Microfinance. It also allows customers to make online Loan Payment. MicroFlex web is available for customers to make their Loan Payment. Customers are also provided with SMS alert service. This allows customers to access their account information any time 24X7, such as checking the balance, viewing last 5 transactions, viewing payment due date of credit card, debit card, etc. on their mobile phone.

Maintaining a Competitive and Supportive Environment The company strives to achieve excellence and aims to maintain a seamless work environment. It rolls-out various activities to ensure overall employee development. It communicates frequently and authentically with the employees and discusses about their issues and grievances.

The company prioritizes employee health & wellness.

Trempplin defines its mission, sets goals, and focuses on growth and development.

Tackling Challenges in this Hypercompetitive World Trempplin defines problem solving as ‘the ability to look at a problem, work through a potential solution and seek input where needed to validate the approach’. It believes that teamwork is all about being able to operate smoothly and efficiently within a group. This includes encouraging others, being able to compromise and put your own interests aside, and being able to communicate with, negotiate, influence, and advise the team.

The company believes that organizational skills and time management go hand in hand; having good organisational skills is about making the best use of one’s time to reach a specific goal. It believes in the saying- ‘customer is king’ and considers flexibility and strong customer relationship as the key to organizational growth.

October 2018|

Kalmesh Kallur Co-founder & Managing Director

“

Creating

possibilities is what we do

“

The company allows the employees to break up routines and gives all employees the opportunity to shine. It encourages time for passion projects and rewards employees for big wins. Trempplin provides its team the opportunity to face challenging situations and also celebrates their milestone achievements. The company also motivates its employees to succeed in their career. It facilitates friendships and cultivates amazing managers.

continuously

41

Mapping Evolution

THE

MAPOPHOBIC

TO

MAPOPHILIC TRANSFORMATION

I

f you had chanced to look into maps made in medieval times, the dragons, multi-headed serpents and other strange fictional creatures marking the distant and unexplored lands on the edges of maps must have surely scared you. Cartographers of medieval times used the inscription HIC SVNT LEONES (“Here are Lions”) and notation of strange or mythical creatures to invoke the harm that sailors feared to encounter when entering previously uncharted territories. Mathematics has been a bitter pill for many as kids. Nevertheless, geography and maps too have been a phobia to many as well. From spatially locating continents, countries, states, cities on a map to getting the capitals right, it has been a nightmare for many experiencing symptoms from racing hearts, sweating, dizziness, disorientation and panic when looking at maps.

MapQuest founded in 1967 as a cartographic services division of R.R. Donnelley & Sons launched online maps, the web services version of present day in 1996. MapQuest is still one of the most widely used online mapping services. Google’s findings in 2004 that over 25% of its searches were of a geospatial character, including searches for maps and directions laid the foundation for its acquisition of Keyhole, the core technology behind Google Earth. Later in 2005, Google Maps was launched, which first started as a C++ program designed by two Danish brothers, Lars and Jens Eilstrup Rasmussen.

Where are we?

Thanks to web & mobile based global online map services such as Google Maps, MapQuest, Open Street Maps and Bing Maps to name a few, for having revolutionized the reach of maps. We live in interesting times, where maps are the order of the day. From daily commute to work, holiday planning to exotic places, shortest routing for emergency response, catastrophic natural disaster preparedness & relief, strategic planning to global warming, maps are used everywhere. There is a lot more awareness about importance of location intelligence and Geographical Information System (GIS). People are no more phobic to

42

maps but philic. Maps, location intelligence and GIS are becoming part of our everyday lives sometimes even without us being aware!

The power of location intelligence is of more importance than ever for businesses of this age. Location intelligence is the main stay of several disruptive innovations of today and continues its key position in futuristic disruptive technologies such as Internet of Things (IoT), Artificial Intelligence (AI), Machine Learning (ML), Unmanned Aerial Vehicle (UAV), Augmented Reality (AR), Spatial Augmented Reality (SAR), Virtual Reality (VR), Autonomous Vehicles (AV), Computer Vision (CV) etc.

The Challenges With mobile/connected devices becoming ubiquitous today, the amount of location data generated is enormous. Ever growing location intelligence based disruptive innovations and platforms together with disruptive technologies are proving to be the key differentiator to businesses to improve customer experience, drive revenue and increase operational efficiency. Disruptive technologies like IoT, AV, CV, UAVs etc. are delivering information that has never been possible before, creating entirely new avenues for geospatial data collection, while posing challenges for geospatial data storage, retrieval and analysis. Locationbased analytics and platforms that can process and detect trends and provide intelligence are becoming more popular.

This has resulted in greater adoption of cloud-based platforms for enterprise GIS deployment involving big data.

Gartner, Inc. had forecast 8.4 billion connected things to be in use worldwide in 2017, 110 percent of the world population estimated at 7.6 billion as of April 2018, up 31 percent from 2016, and predicted to reach 20.4 billion by 2020.

Big data is all about the notorious five Vs: Volume, Variety, Velocity and Veracity. With disruptive technologies based location intelligence innovations and platforms growing October 2018|

day-by-day, the big data and cloud computing industry are faced with the challenge of geospatial big data capture, storage, analytics, visualization and reporting (dissemination). Besides the typical challenges posed by the five Vs of big data, geospatial industry continues to be trapped in the ever growing matrix of not just GIS data formats and data types but also of non-geospatial nature.

Every Cloud has a Silver Lining Disruptive innovations and platforms that generate and or consume geospatial big data, quickly reach criticality, where there is so much of (big) data that they are either unable to handle or do not know what to do with them. In this context ETL (Extract-Transform-Load) platforms and specifically Spatial ETL platforms have been the silver lining to the dark data format and data type clouds shrouding the geospatial (big) data industry.

Incompatible systems are a thing of the past with Spatial ETL platforms, providing native support for location data, including the complexity of GIS, Computer Aided Drafting (CAD), Building Information Model (BIM) and latest big data eco-systems such as Hadoop. Spatial ETL platforms such as Feature Manipulation Engine (FME) from Safe Software provides the much needed geospatial (big) data conversion-transformationshare-integration along with geospatial analytical capabilities. Such Spatial ETL platforms are already available on the cloud such as Amazon AWS. History of Big Data traces its first explosion to 1940s; the earliest documented use of the term “information explosion”, nevertheless geospatial data has always been Big Data. Despite challenges posed by Big (Geospatial) Data, it has the potential to improve operations and make quicker and intelligent decisions. Big (Geospatial) Data when converted, transformed, shared and or integrated appropriately using cloud based Spatial ETL platforms, can help organisations gain useful insight to increase revenues, better manage their assets and improve operations geospatially, in a BIG way!

October 2018|

ABOUT THE AUTHOR Raghavendran S currently works at PIXEL SOFTEK as GM Product Management and R&D and has over 18 years of experience in applying GIS for different scenarios. He is skilled at Spatial ETL tool FME from Safe Software, Canada, and has vast experience at PIXEL SOFTEK in solving data format and data type interoperabi lity issues for various domestic and internationa Raghavendran S GM Product Management l clients. He & R&D is an FME Certied Professional and the only FME Certied Trainer in India. He has sound working knowledge of most commercial and Open Source CAD, GIS, spatial database, cloud platforms. He has presented several technical papers on GIS in various international and national GIS seminars, workshops and conferences.

43