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In Sanskrit, the company’s name loosely translates as “to nurture”. Pune-based Jopasana Software and Systems Ltd. has been fostered by its director for close to 16 years and is finally ready to break new grounds.
Jopasana is a product engineering and software solutions company focused on real-time and embedded systems domain
Established in 1990, Jopasana operates in multiple verticals like, automotive and aerospace, networking, telecom, energy, semiconductor, and others.
Founded by Ajay Phatak, CEO and managing director, Jopasana has come a long way.
An alumnus from Indian Institute of Technology, Phatak is truly representative of the entrepreneurial spirit of Pune city. Many of the current behemoths in the city, started of pretty small and Jopasana is at an inflection point, well past its small status and poised for a transition into a major player. But, it is a tricky state to be in, and many fail to make the transition to the big league.
In an exclusive interview with Shashwat Chaturvedi from CyberMedia News, Phatak talks about his plans for the future and how his feet are still on the ground. Excerpts:
Jopasana was instituted 16 years ago. Isn’t the growth rate fairly slow?
It is indeed. But there is a valid reason for it. We took it slow and steady. We wanted to consolidate and not just jump into it. Thus we might not have a meteoric rise, but we will certainly have robust growth.
What are the plans for the future growth?
We have subsidiary companies in the U.S. and the U.K. We are currently looking at external funding to expand our footprint globally. Till date we had only one external investor from the U.S., and the growth was funded through internal accruals, we are in the process of evaluating how we are growing to raise the funds.
How many clients do you have and what is the geographic mix?
Currently we have around 20 active clients, of which 3-4 are big. We have a decent spread in terms of geography both in the U.S. and the U.K. We are keen to service the market of mainland Europe and recently another board member from Sweden. We are in talks with channel partners in Italy and other companies in Scandinavia, and other countries. A large part of our revenue comes from SMEs in Europe and the U.S.
What kind of innovative technologies is Jopasana is working on?
We are working on quite a few exciting and emerging technologies. For instance, we are working in M2M space or Machine-to-Machine technology. Like humans interact with each other, there would be a day, when machines will be able to interact with each other. Essentially that means that data will flow intelligently from one machine to another. It is a big thing in the life sciences and semiconductor space. I am also quite enthusiastic about the concept of pervasive Internet, meaning that machines should be able to log on to the Internet using whatever communication channels like Wi-Fi (wireless fidelity), GPRS (general packet radio service) or even satellite communication. Imagine a day when that happens, quite like the futuristic science fiction Hollywood movies.
Are you working with Indian clients?
We are working with a few clients in the energy and conservation domain. Companies like Thermax and Westex Wind Energy.
How many people do you have on-board and any plans on expanding out of Pune?
Currently we have around 150 people and are growing fast. As of now, there are no plans for expanding out of Pune, at least not for a year.
© CyberMedia News
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