Delhi-based Eastern Software Systems (ESS) has
become the first Indian company to provide an ERP (enterprise resource
planning) solution on the Internet.
The company has also received venture investment of Rs 10 crore from
Citibank Venture Funds, FMO of Holland and Intel Corp. These three
investors together will hold 80 per cent equity in ESS. According to ESS
Chairman and Managing Director Anil Bakht, they have also expressed
interest in financing the company's future expansion plans.
The company offers its customers the facility of using its ERP package
MakESS off the Web by paying a rental of Rs 9,000 per month. Though this
is inclusive of functions including storage of ERP data, the clients will
have to bear costs of the network on which they want to deploy the
solution. ``The easiest and cheapest way is to get a dial-up link to the
Internet. If you want more robust links and can afford them, you can go in
for leased lines, VSAT links, etc. You can even deploy `MakESS on the Net'
on a corporate intranet that can be managed by a third-party,'' said ESS
Director Sanjay Agarwala.
Client organizations need not invest in expensive computing equipment
and ERP software solutions, nor do they have to worry about implementation
schedules, expensive maintenance contracts or developing technology
expertise in-house, as ESS will do all this through `MakESS on the Net'.
ESS is offering this service through tie-ups with local ISPs. The
company has now entered into an agreement with two ISPs and hopes for at
least 10 over the next year. Mr Bakht said he hoped to convince at least
20-30 customers to adopt this revolutionary model of ERP deployment during
the same time.