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| Mark
Wang says that the mobile business will be a key focus
area for Sybase |
Though
it has had a presence in India for a while now, Sybase is
now looking at extending its reach—this will be done through
a two-pronged approach, which involves expanding the partner-base
and also the product profile of the company, says Chris Ann
Fichardo
After
establishing itself in the database market, despite tough
competition from the likes of Oracle and IBM, Sybase has decided
to take its expertise one step further. The company plans
to tap its existing user base and work closely with partners,
using their domain expertise to penetrate niche markets.
Sybase is also looking at increasing its channel business.
In fact, the company has recently tied up with CMC to extend
its products, enterprise solutions and services to corporate
customers in India. There are also plans to extend this partnership
to other Asia Pacific countries. In India the company is looking
at extending this partnership route to other solution providers
as well.
According to Mark Wang, senior vice president of Sybase, the
company plans to change its direct to indirect sales ratio
from 60:30 to 30:60 within a year or so. Towards this end,
the company, which is in talks with solution providers, plans
to announce these tie-ups shortly. Wang says that the rethinking
of the companys marketing strategy was the result of
a more aware and sophisticated channel.
He added that in India the company plans to strengthen its
presence in the banking sector. Sybase already has a presence
in the banking sector with clients like Indian Overseas Bank,
HDFC Bank, Bank of India, Federal Bank and Development Credit
Bank.
The trodden path
Sybase delivers open-architecture enterprise infrastructure
software and works on the philosophy Everything works
better, when everything works together. With leading
Enterprise Portal (EP), mobile and wireless solutions, integration
products, and high performance database management systems,
Sybase is one of the largest independent software companies
in the world.
According to Wang, Sybase has three main areas of businesse-business,
v-business and m-business. Its e-business infrastructure products
include enterprise integration, business intelligence, and
database solutions. Sybase was the first company to deliver
an enterprise portal and a second generation EP as well. On
the v-business front, Sybase offers integration solutions
for the financial, communications, healthcare and government
sectors. Its m-business solutions are offered through its
subsidiary iAnywhere Solutions, which offers solutions from
mobile e-mail to sales force automation, field service and
customer relationship management.
On the financial front too the company has managed to hold
its own despite the turmoil in the IT arena. For 17 consecutive
quarters, Sybase has reported operating profitability on a
pro forma basis and has cash reserves of nearly $403 million.
For the third quarter of 2002, Sybase reported pro forma net
income of $25.2 million versus $20.0 million for the same
period in 2001. While its net income for Q3 stood at $11.3
million, compared to a loss of $7.1 million recorded in the
third quarter of 2001. The company attributes its financial
success to its good business model, right philosophy and strong
products.
On the worldwide front, Sybases customer and partner
wins in the third quarter include AT&T Wireless, Salomon
Smith Barney, Heineken, Indiana University, ING, Nortel Networks
and the US Navy.
In Asia Pacific, its significant customer wins include Guang
Dong FuShan Mobile, Gui Zhuo Telecom, Chung Hwa Telecommunications,
the Taiwan National Fire Administration and the Taiwan National
Police Administration Ministry; Hyundai Securities in Korea;
Concorde Travel, Franklins Supermarkets, Travelex in Australia,
and HDFC Bank in India.
Going forward
Sybase has been delivering IT solutions to enterprises in
India since 1989 and currently serves 2,000 customers in the
country. It achieved a growth rate of around 26 percent in
2001 and is targeting a 30 percent growth rate for the next
financial year. It has a significant presence in the Asia
Pacific region too, with 20 offices in 11 countries. According
to Wang the company will enhance its focus in the m-business
segment as the sector is projected as having an extremely
lucrative growth potential.
At its recently concluded Asia Pacific User Conference, held
in Beijing, the company announced its new range of product
offerings. These include the Borland JBuilder 7 Enterprise-Sybase
Edition, PowerDesigner 9.5 and the Chinese version of the
SQL Anywhere Studio.
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