Sapience named by NASSCOM as a Top 10 “Made in India” Enterprise Product
The NASSCOM award recognizes the product’s innovative approach for delivering productivity gains at work, strong business potential, and capable management team
Mumbai, India – October 12, 2012 - Sapience has been named by NASSCOM as one of India's Top 10 Enterprise Software Product. The announcement was made during NASSCOM’s IP4Biz event at the InterOp summit held in Mumbai (http://www.nasscom.in/encouraging-creation-made-india-software-products?fg=176042).
An award-winning and patent-pending solution, Sapience, enables companies to achieve 20+% gains in work output. This is achieved without requiring any change in process or additional management overhead. Sapience deployment has a transformational impact on delivery capability and profitability, potentially resulting in annual value of over Rs. 1 crore per 100 employees.
Speaking at the venue, Ranjit Nambiar, VP of Sales, explained that “Sapience provides Automated Work Visibility across the enterprise hierarchy. By delivering actionable advisories to individual employees and managers, work output can be enhanced at every level. Employees can ensure that work hours are reasonable, teams can focus more on key activities, and senior management can optimize staffing in business units and projects based on observed workload.”
Shirish Deodhar, CEO and Co-Founder, noted that “the NASSCOM award recognizes the transformational business value delivered by our product. Sapience is vital in today’s turbulent economy, where flat billing rates and rising salaries are putting pressure on profit margins. Work efficiency is becoming critical for every business.”
About Sapience Analytics (www.sapience.net)
Sapience Analytics is founded by four serial entrepreneurs, with a strong product DNA, and 100+ combined years of technical and senior management experience at global software companies. Their previous ventures in outsourced product development had successful exits to Symantec Corp. (1999) and Symphony Services Inc. (2004).
Sapience Analytics has received $1.2M in funding from Seed Enterprises and the Indian Angel Network. It has been recognized through a number of industry awards, including from NASSCOM (2012 Top 10 ‘Made in India’ Enterprise Product Company), Red Herring (2011 Asia Top 100 technology company), Software Exporters’ Association of Pune (2011 Top Pune Start-up), and the IIT Bombay Alumni Association – Pune (Innovation Award).
Chief Marketing Officer, Sapience Analytics Pvt. Ltd.
Cell: +91 99935 67849