Spartan to take the product route

BANGALORE: Pune based Spartan labs, an embedded services and solutions provider, will soon be looking to bring out a product of its own. The four-year old company, which mainly focuses on the four segments of telecom, wireless, storage area networks and handheld devices, has been debating on the product path for quite some time and has finally decided to take the plunge.

"Several ideas for prospective products from Spartan have been suggested internally. We are considering all these ideas and debating on which one will be the best for us. We should be able to make up our minds and start work in the next six months," said the CEO of the company, Amit Raje. He added that the product might be in the area of handheld devices with wireless support, which can be used in a range of verticals including education and healthcare.

He was also very sure that Spartan would develop the technology and sell the IP as royalty to whomsoever wants to build applications on it. Such royalty will be obtained from their partners also whose domain knowledge and market access will make them the better contender to actually market the proposed product.

"We want to remain a technology company. Technology was the driving force when we formed the company and that is what we are strong at. Moreover, at the moment, being a small company, we lack the resources as a single entity to market the product we will be bringing out," explained Raje. Spartan works on embedded software and services on various platforms including VXWorld, Embedded Linux and Windows CE.

Raje refused to comment on the investment that the company will be putting into the development of the product stating that it was too premature since the product itself was yet to be decided.

The company, which clocked around Rs three crore revenue last year expects to notch up Rs five crore at the end of this fiscal. Raje expects the company to grow by 40 percent- 100 percent in a year’s time, almost all of it fuelled by its services. He also said that the company might be looking to set up additional centers in Bangalore and Coimbatore to augment its development force.

(CNS)