BANGALORE: Tarang Software Technologies, which plans to offer what it calls
"pervasive computing" solutions for the emerging Supranet or the
network of networks, has begun operations in Bangalore at a total investment of
$5 million. Speaking about the Bangalore operations, Tarang Software chairman
and CEO V Rama Kumar said, "Tarang occupies a unique position in pervasive
computing solutions which is anywhere, anytime, any device access to
information. Pervasive computing requires a new architecture, information
architects and technology architects. will work with the customer to define the
new pervasive computing environment and the new solution architecture."
The company has expertise in B2B exchanges, e-CRM, Enterprise Application
Integration and in wireless specific areas like gateways, location technologies
and embedded terminal applications. Key target customer segments would be the
financial services and the new economy service providers like mobile services
providers, 3G telecom service providers, portals, mobile application service
providers, voice portals and b2b exchanges for the company. The company is
targeting US, Europe, Japan and India markets currently.
Along with this, Tarang is planning to have IP Lab in its development center.
"Tarang IP Labs builds reusable components and middleware frameworks for
use in e-commerce and mobile commerce solutions. The IP Lab will have major
focus on new applications for the mobile Internet applications, which will
exploit the high bandwidth and multi-media capabilities of the next generation
wireless network ", said Revathi Kasturi, President of the new company.
Tarang will have its first development center in Bangalore by next 3months,
plans to have another in Chennai or New Delhi by later date. Tarang plans to
record $10 million revenues for the year 2001-2 and to reach $100 million by 4
years. Around 15 engineers are working in the company, which is expected to
touch 70 by March 2001. US based Global Internet Ventures (GIV) has picked up an
equity stake in the company for an undisclosed amount.