WCA January 2012

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Wire & Cable ASIA – January/February 2012 27
India
InnoVites lands CCI
contract
Cable Corporation of India (CCI) has selected InnoVites for
Cable© and CableBuilder © to be implemented in its
operations.
InnoVites BV, a software development company, has offices
in India and Holland.
During interactive sessions with all levels of the CCI
management the InnoVites team demonstrated the added
value of its integrated business solution for the cable
industry.
The close match with the cable industry processes set the
InnoVites offering apart from the competition and this
convinced CCI management that InnoVites is its partner of
choice.
Mr Rohan Khatau, business development manager at CCI,
said: “To support our strategy we need an IT system that
supports our business for today and tomorrow.
“That’s why we looked for a ready-made solution that
understands our business and enables us to improve the
efficiency of our processes. The InnoVites team
understands the issues in the cable industry and has
standard solutions available for it.”
Albert Groothedde, CEO for InnoVites, added: “We are very
happy to serve CCI as our customer. The agreement with
CCI is another confirmation of the market leadership of
InnoVites in India.
“From our office in Hyderabad we serve the wire and cable
industry in India and abroad.”
InnoVites BV – Netherlands
Email:
Website:
Strong growth for
leaders Subex
Subex Ltd, a leading global provider of business support
systems (BSS) for communications service providers, has
recorded strong growth and profitability in its continuing
product business (business optimisation or RMS).
Revenue for this period has grown 26 per cent year on year.
Consequent to the sale of its activation products, the
company will put more emphasis into business optimisation
or RMS. This segment, the area in which the company
traditionally operates, is the fastest growing segment in
telecom BSS space.
The product revenue for the company stood at Rs
1177.65m (US$25.18m) contributing to 91.37 per cent of the
consolidated revenue. The company posted a product
EBITDA of Rs 381.66m (US$8.16m) ie 32.41 per cent, while
the EBITDA for continuing product business was Rs
451.81m (US$9.66m), ie 41.7 per cent.
The company was declared a market leader in business
optimisation for the fourth consecutive year by renowned
analyst firm Analysys Mason.
Business optimisation includes fraud, revenue assurance,
analytics, cost management and credit risk management,
which together constitutes the core business of the
company.
Commenting on the business, Subash Menon, founder
chairman, managing director and CEO, said: “The results for
this quarter are extremely promising, as expected. We sold
off our activation business this quarter and have renewed
our focus on our core business.
“There is increasing uptake for our industry-changing
revenue operations centre (ROCTM) and managed services
offering and the non-linearity in the business continues to
help us.”
He added: “With the sale of the activation products which
were a drag on our core business, the real growth and
profitability in the latter will be obvious in the coming
quarters.
“The strong EBITDA of around 40 per cent in this business
will lead to significant cash generation in the future and
increase our ability to invest for growth.”
Subex Ltd – India
Email :
Website:
Power line from
Tanzania to Zanzibar
India-based Kalpataru Power Transmission has secured a
contract for the construction of a 132kv electricity