A Not-to-be-missed opportunity to showcase your product to an International Bank

Avinash

As a fall-out of the EMERGE Product CIO Showcase held at the NASSCOM  Product Conclave, one of the largest international banks has approached us for a Product Showcase. The IT leadership of the international bank is now convinced that the time is ripe for them to look at innovative products built from the Indian shores, and consider them for inclusion in their IT portfolio.

The International Bank (Name withheld on request) wants to look at hungry, innovative companies that have built exciting products and technologies from India, and showcase them to their Global IT Think Tank, with a goal of adopting some of these innovative products and solutions for their internal and external users. Needless to say, the technology and products solution should be applicable to some pain point in their organization.

We, at NASSCOM,  are delighted to work with this group of open minded international IT users and buyers, and applaud their open attitude towards "Made in India" software products. We have partnered with the CIO Association to to make this opportunity available to YOU, an engaged and participative NASSCOM EMERGE community member.

The Product Showcase details are as follows:

Dates: 2nd/3rd February, 2010
Location: Chennai

  • Format 40 minute slot, with 20 minutes of demo cum presentation, followed by 20 minutes Q&A session for about 10/12 companies. Expected to be a full day event.
  • Audience Global IT Think Tank members, International Bank from different parts of the world (Approx 25 to 50 senior, influential members of the IT organization of the International Bank)
  • Technology Areas Storage, Security, Communication, Mobile Devices, Social networking, Web 2.0, Application Integration, Business process enablers for better business processes including customer interactions, partner interactions, and internal business processes

What you get -An opportunity to showcase your product to one of the leading buyer organization of technology worldwide.

  • An opportunity to get feedback about your product from the buyer community, giving you great inputs for your future engineering and design decisions
  • And all this with no sales qualification cost! This buyer is interested in talking to YOU!

Interested? Great. Here is here you can participate:

1. Provide the information desired in the SpreadSheet, and forward it to me at avinash@nasscom.in by 8 pm, 10th January 2010. Completed submissions will be sent to the International Bank for short-listing and selection by 10 pm, 10th January

2. A selection committee appointed by the International Bank will peruse the submissions, and based on their need and interest, will shortlist a set of 10 to 12 companies, and invite them to be present at the Product Showcase Event, sponsored by them on 20th January 2010

3. All expenses for the participating in this event will be done by the participants themselves. The International Bank will provide the venue, and the audience.

4. There are no participation charges for this event.

If you have any questions, please write to us at emerge@nasscom.in, and I shall try my best to answer them.

Best Regards,

Avinash,

NASSCOM

Edited: June 27, 2010 07:17AM

Replies to this Topic

Rajendra V B

Great traction and discovery by our community.

I always believe anything done - voluntary initiative- for good of others evolve into a divine opportunity, when backed by true thought leadership and honesty of purpose. That is the evolving strength of this Nasscom EMERGE COMMUNITY.

Here is a chance to prove ourselves, to internal product team, management team and leadership in each Indian IT SME- HOW GOOD ARE WE??

All shortightedness will get exposed as teams/cos lagging will be forced to search for DIFFERENTIATORS. This is at least an opportunity to scrutinize and benchmark ourselves. BUSINESS RELEVANCE AND YIELD WISE AS WELL AS TECHNOLOGY RELAVANCE FOR NEXT 4-5 YEARS OF SUSTAINABILITY. No more talking in air to please ourselves, our dreams etc.

Eventually we must deliver Business Differentiators with scalability, with or without innovation. For such SME, world will knock at their doors. That is the power created by this community. What else! 

On the other hand it is a great opportunity for IT SMEs, internal teams/people, thinkers, leaders to  showcase what they have been dreaming of, designed and developed, with pilot or commercial releases, with minimum few LIVE Clients/User groups ...

Both sections get an opportunity to present their case ( with limitless introspection on how they have spent time and efforts). Self introspection and internal audit is the firts step for any aspiring co.

IT SMEs have a challenge to start and survive on their own. Every crisis in the market is an opportunity for fast movers while adding vulnerability to the slow movers. Either side of the road we are in, opens an opportunity to those who wish to take advantage of.

All the best to all applicants. Getting shortlisted itself is a recognition of strength of the SME cos.

Jai HO to to the initiators of this opportunity..

Great begining for a Great new Year..

 

Ravindra

Avinash,

   Can we ie. other members who're interested participate or listen in ?

   Would like to see what gets presented ?

Best regards

Ravi.

Disclosure : Have asked a small company that I'm an angel investor in to turn in their entry.

Avinash

Dear Ravi,

I'm sorry i don't think we will be able to allow participants for this meeting. This would be a closed meeting where only the respective company will get to present to the tech board of the bank.

Regards,

Avinash

Rajendra V B

I did face few questions as below, with my responses

1. Why so little time given to the community to respond

my answer- either you have a compelling proposition or not. It is no time to invent one, if your co does not have one.

2. Why not enough publicity given to this opportunity

my answer - community is moving fast enough. catch up if you can. Regular readers and sharing partcipants would not have missed this piece.

3. Why not let us know the co name and people

my answer - opportunity created by Emerge activists for sake of proving that Made in India offerings are no less. Use opportunities provided by Nasscom in verious events happening whole of the year. It is good that co interested in evaluation wants to retain peace.

Better luck next time..... 

 

Sukanta

What kinds of product are they interested in looking at? Any specific area of focus?

 

SG

Avinash

Sukanta, you will get an idea by looking into the spreadsheet which is provided in the email as a hyperlink- SpreadSheet

Jayanta

Hi Avinash,

Recently i joined this forum and we have some innovative products for BFSI industry. Can we send the details now?

 

 

Avinash

Jayanta, You can submit the details by 17th January 2010. We had to extend this as lot many companies have been requesting for the same.

Regards,

Avinash

omprakash

No reply even though the deadline has passed. I take it that my entry didn't make it.

cheers,

V.Omprakash

 

Edited: January 20, 2010 10:52PM

Madhusudan

Hi Avinash, 

Where do we find companies that have been selected for this meeting

Regards, 

Madhu

Skelta Software

Avinash

Here goes the list of companies who got short-listed to showcase their product to the bank. More details to be followed:

1. NextBiT Computing Pvt. Ltd
2. Aviram networks Inc ( Holding company for Nevis Networks)
3. Precision Group
4. Mobile Nirvana Technologies Pvt Ltd
5. Chella Software Private Limited
6. Estel Technologies Pvt. Ltd.
7. Posidex Technologies
8. Kallos Solutions Pvt. Ltd
9. Extensio Software (India) Pvt. Limited,
10. iPath Technologies
11. Solix Technologies Ltd
12. Impetus Infotech India Private Limited

Thank you again for your support. I will provide more details about the product in the next couple of days.

Regards,

Avinash

 

Rajendra V B

That is IT.

What a INNOVATION of the comunity.

George

I truly appreciate this initiative from Nasscom not just because we were one of the selected vendors but because it shows that the think tanks of even large companies are looking to SME's for innovation. The selection process was from the bank themselves and so it should have been rigorous.

We have long been telling our CIO's that we SME's/ Emerge should be given a level playing field.

Could this become a recurring event where CIO's of corporates in India (and internationally) with genuine buying intentions for their portfolio use this forum to get their shortlist? The current bank was looking for products from their perspective and am sure that if another corporate was doing so it would choose another set of vendors

 

Suresh

George,

Congrats on your selection. You know what I mean! Wink

Suresh

Avinash

George, Suresh, Raja, Thank you for the kind words. I know this has been a great initiative and we will continue to work on many such exclusive sessions where we can offer value to the emerging & start-up companies.

We need to work closely with customers(the Buyer Community) who are willing to look at companies. Hope the EMERGE Community can help in finding more.

Thank you again.

Regards,

Avinash

Lakshman

To all selected companies:

Congratulations! Wish you all the best for a great success!

Vinaya

Avinash, great start! Do you plan to replicate this with Indian cos esp PSUs and Govt (state and central) whose ironclad RFP driven buying may have weeded out innovative SME solutions whose size, turnover don't meet the norms.

Edited: January 25, 2010 05:50PM

Avinash

Vinaya, Thank you. It's a great thought. We could try this out but going by the past experience it is quite difficult to get them to look at Innovative solutions from SMEs. If there is someone who is keen to look at product/solutions from SMEs...we would be happy to facilitate.

Thanks.

Avinash



  

Rajendra V B

PSUs and state bodies can not opt for any offerings unless they go through public verifiable bidding process. No where in the world. That is fair and proper also. That segment may be left open to bigger brothers.

Therefore it is worth to ignore that segement and focus on private co buyers- large cos or medium cos or small ventures where you can access top decion makers freely.

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