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Bahwan CyberTek set to cross the Rs. 475 Crore mark this fiscal
To scale up recruitment by 25 %
Chennai - 2nd March 2010.

The Chennai based Bahwan CyberTek (BCT), a leading IT Product and Services organization, announced today that it would cross the Rs. 475 Crore mark turnover, by the end of this financial year (2009 - 2010). This growth is a reflection of BCT’s ability to orchestrate and deliver a coherent value proposition to its customers. This achievement is especially noteworthy, in a year of global financial turmoil in fiscal 2009. The most significant development was that of Prof Mohanbir Sawhney coming on board of Bahwan CyberTek. This year also saw BCT move into it’s own premises in Chennai, with a Center of Excellence spread across 180,000 sq.ft area, the total investment being USD 9 million.

Addressing the media, Mr S. Durgaprasad, CEO, Bahwan CyberTek said ‘We are very pleased with our performance over the last few years. We have seen good YOY growth, and with a lot of promising deals in the pipeline and we are confident of crossing the Rs. 600 crore mark by the end of the next financial year (2010 - 2011). Bahwan CyberTek has been growing more than the industry average and this gives us tremendous confidence of achieving even greater heights in the years to come. Another noteworthy development was the signing of pact with IIM Bangalore to provide management courses in Oman. Our focus in India includes BCT’s products, Govt, BFSI, Energy and Utilities Industry verticals in addition to Enterprise application implementations for Manufacturing, Distribution and Retail segments.’

Bahwan CyberTek during the last couple of months has got excellent repeat orders from its customers like the extension it has received for 2 years in the execution of 4PL engagement in Oil & Gas sector for Petroleum Development Oman (USD 500 Million Dollar Contract). With this significant step, BCT has become a leader in the 4PL arena. BCT has widened its customer base by winning some important customers such as Dubai Municipality through its flagship Cuecent e-pay product, Union Cement Company and BHEL, to name a few.

“Within 10 yrs of operations, BCT has matured from people to project to product development and is one among the very few companies having its own standards based BPM platform with a repository of niche solutions built on it through its Cuecent suite for various Industry verticals. The company has gained leadership positions in the payment gateway space through its innovation” said Mr. R.K. Shyam Sundar Executive Vice President-Global Centre of Excellence.

According to Mr VM Muralidharan, Chief Operating Officer, “Over the last decade BCT has serviced many global clients, in the various industry verticals such as Government, BFSI, Energy and Utilities, with our Cuecent range of products & services.  We have now decided to emulate this success in the Indian operations. We expect India’s share to be around 10-15% of BCT’s total business in the next three years.”

Press Coverage

 

IIM Bangalore and Bahwan CyberTek LLC explore educational partnership
Bangalore - 13th February 2010.

The Indian Institute of Management Bangalore (IIMB) and Bahwan CyberTek LLC announced on Saturday that they are keen to enter into a partnership to bring management education of international standards to Sultanate of Oman.

The Indian Institute of Management Bangalore (IIMB) is a centre of excellence in management, recognized as one of the top 100 management schools in the world, with international standards of post-graduate and doctoral level teaching, executive education for senior and middle management, research and consulting. Set up in 1973, the sprawling 100-acre campus is a green oasis situated in south Bangalore, with excellent infrastructure, including the latest ICT and extensive library. The Institute’s proximity to some of the leading corporate houses in the country gives the added advantage of integrating classroom knowledge with practical experience.

Pankaj Chandra, Director IIMB and Abhoy K. Ojha, Chairperson, Executive Education are currently visiting Muscat, Oman and other countries in the region to explore possibilities of attracting participants to their executive education programs in Bangalore and also bringing some of their programs to the region in partnership with others in the region.

“The best part of our journey has been in translating the knowledge gained internationally to the benefit of Oman and its citizens. Over the past seven years Bahwan CyberTek has been working very closely with the Government in creation of knowledge workforce in Oman to create a positive impact on business eco system” said Ms Hind Bahwan, Chairperson of Bahwan CyberTek.

“In near term Bahwan CyberTek and IIMB are poised to launch Executive Development Programs in Sultanate of Oman. In the long term we expect this partnership to evolve into a strategic relationship and launch the Bahwan Institute of Management of international standard to cater to the management education in Middle East region” said Mr Durgaprasad, Director & CEO of Bahwan CyberTek.

“This relationship will help IIM Bangalore in realizing the shared vision to position IIMB as an international management school with a strong bias for research” said Professor Pankaj Chandra, Director, IIMB.

Press Coverage

Prof Mohanbir Sawhney joins Bahwan CyberTek Board
Chennai - 1st October 2009

 

The world-renowned management expert Prof. Mohanbir Sawhney has joined BCT's board as an independent Director for Marketing and Strategy.

A globally recognized scholar, author, and speaker in strategic marketing, IT, and e-business strategy,Prof Mohanbir Sawhney is the McCormick Tribune Professor of Technology, Director - Center for Research in Technology & Innovation and the chairman for Technology Industry Management Program at the Kellogg Graduate School of Management.

Prof. Mohanbir Sawhney's speaking and consulting clients range from leading companies such as Accenture, Boeing, Cisco Systems, Dell, Fidelity Investments, General Mills, Goldman Sachs, HCL Technologies, Honeywell, IBM Consulting Services, Infosys, Johnson & Johnson, Kellogg Company, Microsoft, Motorola, MTV Networks, Nissan Motor, Nomura Research Institute, SAP, Sony, Teradata and Thomson Corporation.

Mr. S. Durgaprasad, Chief Executive Officer and Director said, "Our relation with Prof. Sawhney dates back to a decade where he was advising us on various strategic initiatives and programs. We are excited to have him as Director Marketing and Strategy on our board. His stature as a prominent academician and his expertise in globalization and strategic marketing would help us take BCT to its next level of growth".

BCT signs MOU with Defiance Tech Private Limited
Muscat - 29th December 2009

BCT has teamed up with Defiance Tech Pvt. Ltd. to utilize their combined capabilities to bid for various projects and to combine and synergize the expertise of both the companies in joint marketing activities of their combined solutions, products and services.

The two companies will jointly bid for various projects and provide necessary resources for the completion of these projects. BCT and Defiance will identify opportunities to work together to jointly respond to RFI’s or RFP’s. They would be working with new clients to deliver services associated with business transformation programs and other engagement activities. There would be sharing of information and support to enable each other to perform the services agreed upon.

The two companies will also be engaged in joint marketing activities including sharing space at relevant exhibitions, inclusion of either or both speakers or panel members in client conferences.

BCT scores a hat trick!
December 2009

Wins the prestigious Deloitte Fast 50 & Asia Fast 500 Award for the third consecutive year For the third consecutive year, BCT has won the prestigious Deloitte Technology Fast 500 Asia Pacific and the Deloitte Technology Fast 50 India Award.

The Deloitte Technology Fast 50 India 2009 program, conducted by Deloitte Asia Pacific, recognizes and profiles 50 fast-growing technology companies in India based on their percentage revenue growth over the last three financial years. It is part of a global program run in parallel with the other regional programs in EMEA (Europe, the Middle East and Africa), North America and Asia Pacific. It includes all areas of technology — from Internet to life sciences, from computers to semiconductors — and covers both public and private companies.

Mr. S. Durgaprasad, Chief Executive Officer and Director said, “We are excited and delighted to be amongst the top 50 fastest growing technology companies in India third time in a row. It’s a great honor to be recognized as an organization that is consistently creating value for its customer’s worldwide. The award also reiterates the fact that our associates are committed towards excellence, innovation, passion and performance. It is also a testimony to our business model and our strong focus on nice technology products”

Bahwan CyberTek leads through its Product Innovation (Cuecent) and Innovative Business models through Technology and offers solutions in diverse countries across USA, Oman, UAE, Africa, Far East and India.

Bahwan CyberTek wins order from Dubai Municipality

Bahwan CyberTek (BCT) a leading IT Product and Services organization, announced that it has won a prestigious order from Dubai Municipality for its Cuecent ePay product.

This project involves the installation of BCT’s Cuecent ePAY product - a unified electronic billing and payment platform which will enable the Municipality to design, build, deploy and manage a collaborative e-payment environment bringing together service providers and payment enablers on a single platform. Through this initiative, the Municipality hopes to enable it’s citizens to make payments for services in a seamless manner. There would be multiple revenue collection mechanisms with citizens being able to make their bill payments over the internet or telephone or at kiosks or point-of-sale (POS) terminals using their credit / debit cards.

BCT has rich experience in working with large government organizations such as Dubai eGovernment and e-Finance, Egypt, where the solutions provided by BCT have resulted in over half a million dollars collections through the system.

Mr. Durgaprasad, CEO of Bahwan CyberTek said, “We are delighted to be associated with Dubai Municipality on their strategic initiative to redefine Citizen experience. Cuecent ePay is part of our continued efforts to provide platforms and products to help governments improve the fficiency of their operations while enhancing the citizens’ experience with the government.”

Bahwan CyberTek wins order from Union Cement Company, UAE

Bahwan CyberTek (BCT) a leading IT Product and Services organization, announced that it has won a prestigious order from the Union Cement Company for implementing Oracle Applications.

This project involves the implementation of Oracle ERP applications. This implementation involves Oracle Financials, Order Management, EAM, Process Manufacturing, Payroll, Labour and Time Management. The Oracle implementation will help Union Cement accomplish key goals from implementing an ERP system - automating financial and supply chain processes and supporting the company’s key manufacturing and distribution processes.

Mr. Durgaprasad, CEO of Bahwan CyberTek said, “We look forward to working with Union Cement, a leading cement manufacturer in UAE. By implementing this solution, we are looking to significantly improve the efficiency, provide seamless visibility and improve their collaboration with their stakeholders.”

Bahwan CyberTek sponsors Alumni-Bahwan Cybertek Twenty-20 Cup

Alumni Club - Anna University one of the premier clubs in the city is partnering with Bahwan Cybertek to conduct the Alumni-Bahwan CyberTek Twenty20 tournament for Premier Clubs in Chennai. Alumni Club has been conducting the annual inter-club cricket tournament from 1996.

Bahwan CyberTek is one of the fastest growing IT Software Products and Services Company in India. With over 1100 knowledge professionals, spread across US, West Asia & India, Bahwan CyberTek has built a unique repository of products and strategic solutions.

Alumni Club - Anna University, one of the premier clubs in the city, is partnering with Bahwan Cybertek to conduct the Alumni-Bahwan CyberTek Twenty20 tournament for Premier Clubs in Chennai. Alumni Club has been conducting the annual inter-club cricket tournament from 1996.

At the event organized to announce this partnership, Mr Ashok Anand, CTO, Bahwan CyberTek, spoke about the role of cricket in character building and friendship, and expressed BCT’s pleasure in supporting this tournament.
Alumni Club will be joined in this tournament by premier city clubs like Madras Gymkhana Club, Madras Cricket Club, Madras Race Club, Presidency Club, T Nagar Social Club and Indra Nagar Sports Club.

The tournament will be played in the T-20 format. Eight clubs will play in two zones of 4 teams each in a league format with the top 2 teams from each zone playing two semi-finals and the winners clashing in the grand final.

The matches will be played on weekends from February 6th at the Ameer Mahal Cricket Grounds in Royapettah.

Join us for this weekend's action in the Alumni-Bahwan CyberTek Cup

All matches @ Ameer Mahal Grounds. Please report 15 minutes ahead of the scheduled start time.

 

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