Renaissance Tech in expansion mode

BANGALORE: Bangalore-based Renaissance Technologies, an IT service company
operating in the e-business solutions space plans to expand its operations into
cities like Mumbai, Delhi and Hyderabad by the end of this year. Currently the
company has its offices in Bangalore and Chennai. Renaissance is also focused on
the far east and middle east regions. Commenting further on the target turnover,
Renaissance Technologies Pvt. Ltd. CEO, Sunil Elias said, "we plan to
achieve a worldwide revenue of 2 million dollars by the end of the coming
financial year."



Also as a part of the company's expansion plans, Renaissance plans to appoint 12
dealers across the country. According to the company, these dealers will market
and promote Renaissance entire range of e-business solutions, which includes CRM
solution, Finsoft, Fransoft, eAutomotive, Interact and Prospect Management
System (PMS).



"We are in talks with few dealers and are in the process of evaluating
them," says Sunil According to him, the company's channel initiative will
focus on dealer organizations that have a strong customer-base in niche
verticals like Automobile industries, educational institutions and
Banking/Finance entities.



The eAutomotive solution from Renaissance targets the Automobile industries,
whereas Fransoft and Finsoft is designed for educational institutions and
Banking/Finance respectively. The current version of the eAutomotive solution
has six major modules handing pre sales prospecting and profiling system, sales
management system, service management system, spare parts management system,
Accounting/Financial management system and CRM.



Fransoft is designed to handle the educational center related activities that
include counseling, academics, and logistics. "Fransoft also effectively
handles and controls all the accounting process like fee collections,
installments, budgeting and statutory reports. It also has a fully updateable
master list," says Sunil.



Whereas the Finsoft, a business accounting solution is bundled with features
like codeless accounting, bookkeeping, ratio analysis, direct access to the
internet, reports auto drop down lists, multiple companies, export and mail
facility for all reports etc.