Saturday, March 29, 2008

Bringing in Silicon Valley culture of mentoring

Hyderabad: Technology people come up together to make Silicon Valley like civilization mentoring and collaborating with start-ups inch their attempts to develop and marketplace intellectual property.

At a meeting hosted by the Hyderabad Software Exporters Association (HYSEA) in the IIIT-Hyderabad premises, senior people from the engineering sector along with venture working capital community interacted with companies with promise to take some of their inventions to the adjacent degree and usher them in selling initiatives.

The President of HYSEA, Anil Jampala, said that Hysea, IIIT-H, North American Indian School of Business and The Indus Entrepreneurs (TiE), Hyderabad chapter, will work collaboratively nurturing thoughts and helping them with beta testing of their merchandises with the user communities.

The Director of Cordys Software India, M. S. Ramanathan, who was instrumental in setting up North American Indian trading operations of Dutch engineering solutions supplier Baan, shared his experiences of how a start-up is groomed into a full fledged company, and said aid was on manus through experts willing to share their experiences and also assist them link with people who matter.

The Indian engineering sector have established its powerfulness as a major IT serves supplier for the Earth and it was clip to retroflex this success with new merchandises and information science creation. There are about 1,000 companies in Republic Of India with merchandises and it was clip to see that they travel to the market, Suheim Sheik, Global Practice Head, Capital Markets, 3i Infotech, said.

Anil Jampala said that the Andhra Pradesh Government is in the procedure of creating a separate particular economical zone SEZ) to back up the demands of little and medium sized enterprises. While the land have been allotted by the Government for this project, the industry is awaiting necessary ways from the State. This volition aid SMEs, who are often faced with small aid from investors and bankers.

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