Issue dated - 10th June 2002

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Compulink targets software companies with ProjectByNet

Pankaj Mishra / Bangalore

Vishwas Mahajan

Pune-based Compulink has launched a product for project automation called ProjectByNet, and is aiming to generate 50 percent of its revenues from products by 2003. “We are talking to large SEI CMM level companies and have already roped in Geometric Software and Jopasana,” says Vishwas Mahajan, CEO, Compulink. Company sources also disclose that Mphasis has recently purchased the product to be used by 1,500 users across its eight development centres worldwide.

It took a team of 14 professionals almost a year to develop ProjectByNet. Presently, three teams comprising of 18 professionals are working on subsequent versions of the product. “We invested Rs 30-40 million in developing the product and are hopeful that ProjectByNet will generate at least Rs 4 crore this year,” says Shashi Kiran, vice president marketing, Compulink. In 2001, the company’s revenues were Rs 2.75 crore. The product runs on Windows NT/2000 and SQL Server. Moving forward, the company is looking at developing Unix versions of ProjectByNet. “We have also partnered with Microsoft for integrating MS Project with ProjectByNet. We are one of the beta partners for MS Project 2002 to be launched shortly,” says Kiran.

“Most of our clients have multiple locations and have over 100 projects at any given point of time. Geometric for instance has bought licenses for over 500 users located across Pune, Boston and Mumbai. They have 200 projects running at any point of time,” says Kiran. ProjectByNet can cost anywhere between Rs 2,000 to Rs 5,000 on a per-user basis.

Compulink has recently evaluated the market in China and is planning to rope in a reseller there. Canada and the US are also on the company’s radar and the company has a marketing team of four professionals in California to open out this important market.

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